In an effort to cure the ills of current grading and reporting systems, many schools and districts across the United States have attempted to implement a standards-based system. The authors recommend four best practices in this area: (1) Get rid of the omnibus grade, which tells teachers little about the content measured or the difficulty level of the content; (2) If you can't get rid of the omnibus grade, provide scores on measurement topics in addition to the grade; (3) Expand the assessment options available to students; and (4) Allow students to continually update their scores on previous measurement topics. (Contains 2 figures.)