Book Keeping Scheme of work for SSS 2. Lagos State Schemes of Work SS2 Book Keeping for Senior Secondary School Schemeofwork
SSS 2 Book Keeping Scheme of Work First Term
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| 1 | Students Readiness Assessment Test Revision of last Term’s topics | WASSCE AND NECO Past questions. Marker Board | |||
| 2 | BALANCE SHEET i. Working exercises on Balance Sheet. | By the end of the lesson, students should be able to: i. identify assets and liabilities ii. Classify assets and liabilities iii. prepare a balance sheet | Students brainstorm as a class to: i. distinguish between assets and liabilities ii. Students in small groups, prepare a balance sheet, using T-shape and vertical method. | Communication and collaboration Critical thinking and problem solving | AUDIO VISUAL RESOURCES Format of balance sheet Flash cards Computer (Excel) WEB RESOURCES www.corporatefinanceinstitute.com |
| 3 | BOOK KEEPING AND ACCOUNTING CONCEPTS AND CONVENTION i. Identifying accounting concepts and convention ii. Explanation of various concepts and convention. | By the end of the lesson, students should be able to: i. describe accounting depreciation. ii. Describe each accounting concepts iii. Relate accounting concepts to financial reports. | Whole class discussion on depreciation. Students in small groups elicit the various causes of depreciation. Students in pairs discuss each method of depreciation. | Critical thinking and problem solving Communication and collaboration | AUDIO VISUAL RESOURCES Company financial reports. Currency Tabular format accounting concept and convention Flash cards. WEB RESOURCES www.mbacrystalball.com |
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| 4 | BOOK KEEPING AND ACCOUNTING CONCEPTS AND CONVENTION i. Explain concepts and convention ii. Explanation of various concepts and convention. | By the end of the lesson, students should be able to: i. explain accounting convention. ii. Identify accounting convention iii. describe the application of convention in financial reports. | Students as a class, write short notes on accounting concepts. Students in small groups identify accounting convention. Students in groups describe the application in financial reports. | Critical thinking and problem solving Communication and collaboration | AUDIO VISUAL RESOURCES Company financial reports. Currency Tabular format accounting concept and convention Flash cards. WEB RESOURCES www.mbacrystalball.com |
| 5 | DEPRECIATION Definition of Depreciation ii. Methods of Depreciation. iii. Causes of. Depreciation and element of depreciation. | By the end of the lesson, students should be able to: i. describe depreciation ii. elicit the various causes of depreciation iii. Discuss each method of depreciation. | Whole class discussion on depreciation. Students in small groups elicit the various causes of depreciation Students in pairs, discuss each method of depreciation. | Communication and collaboration Critical thinking and problem solving | AUDIO VISUAL RESOURCES Real objects such as bags, school uniform sandals. WEB RESOURCES www.profitbooks.net |
| 6 | DEPRECIATION: i. Method of calculating Depreciation Fixed installment. ii. Diminishing balance – Revaluation ii. Computation of simple Depreciation. | By the end of the lesson, students should be able to: i. Identify the methods of calculating depreciation. ii. Solve problems using (a) Straight line method (b) Reducing balance method (c) Revaluation method | Students as a class brainstorm on the following: Calculation of depreciation using Straight line method, Reducing balance method, Revaluation method. Solve sum of the year digits method. | Critical thinking and problem solving Communication and collaboration | AUDIO VISUAL RESOURCES Flash cards. Pictures of old and new vehicles furnitures, building: school bus, computer etc. WEB RESOURCES www.profitbook.net |
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| 7 | OPEN DAY/ MID TERM BREAK | ||||
| 8 | END OF YEAR ADJUSTMENT: i. Explanation of the year Ended Adjustment Accrued, Prepayment ii. Making Adjustment in the Appropriate books. | By the end of the lesson, student should be able to: i. Interprete prepayment ii. Differentiate between prepayments and payments in arrears. ii. Solve problems involving prepayment | Students as a class, interpret prepayment, Students in small groups differentiate between prepayment and payments in arrears. Students in small groups solve problem involving prepayment. | Critical thinking and problem solving. Leadership and personal development | AUDIO VISUAL RESOURCES Flash cards Published final account of organization WEB RESOURCES www.accountingtools.com |
| 9 | END OF THE YEAR ACCOUNT i. Make adjustment in the appropriate books ii. Working exercises | By the end of the lesson, student should be able to: i. Calculate prepayments and accruals ii. Post prepayments and accruals to ledgers iii. Post entries to the final accounts. | Students as a class solve problems involving bad debt in ledger and final account Students in small group calculate prepayment and accruals. | Critical thinking and problem solving. Leadership and personal development | AUDIO VISUAL RESOURCES Flash cards Published final account of organization WEB RESOURCES www.accountingtools.com |
| 10 | BAD DEBTS AND DOUBTFUL DEBTS: I. Definition of Bad Debts. ii. Explain Doubtful Debts iii. Different between bad debts and doubtful debts. | By the end of the lesson, student should be able to: i. Determine Bad debts ii. Differentiate between bad debts and provisions for bad debts iii. solve problems involving bad debts and provisions for doubtful debts | Students as a class, clarify bad debts and doubtful debts. Student in groups prepare post bad debts and doubtful debts into the appropriate books Students: Recall the steps for preparing bad debts and doubtful debts. | Creativity and imagination | AUDIO VISUAL RESOURCES Flash cards WEB RESOURCES www.accountingtools.com |
| 11. | REVISION | ||||
| 12-13 | EXAMINATION |
Book Keeping Scheme of Work SSS 2 Second Term
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| 1 | REVISION BAD DEBT AND DOUBTFUL DEBT -Make provision for bad arid doubtful debts – Bad debts and doubtful debts. Posting bf bad and doubtful debts in the appropriate books. | By the end of the lesson, students should be able to: i. post bad debts arid provision for bad debts into the ledgers. ii. Describe the treatment of bad and provision for doubtful debts in profit and loss account and balance sheet | Students in small groups treat bad debt and doubtful debt in profit and loss account. Students as a group, practice post bad debts and doubtful debts in profit and loss account | Critical thinking and problem solving Communication and collaboration | AUDIO VISUAL RESOURCES Flash cards WEB RESOURCES www.accountingtoolss.com |
| 2 | FINAL ACCOUNT WITH ADJUSTMENT TRADING ACCOUNT I. Adjustment for prepayment – Accruals, Depreciation, Bad debts and Doubtful debts. ii. Working exercises. | By the end of the lesson, students should be able to: i. demonstrate the treatment of adjustment such as depreciation, accruals, bad debts etc., in final accounts. | Students as a class, Identify various terminologies n Final accounts. Students in small groups demonstrate on Preparation of Trading Account. . | Critical thinking and problem solving Communication and collaboration | AUDIO VISUAL RESOURCES Published financial report. Chart Calculator. WEB RESOURCES www.playaccounting.com |
| 3 | STOCK VALUATION Meaning of purpose of Stock valuation Method of Stock valuation | By the end of the lesson, students should be able to: i. Unfold stock valuation ii. describe the materials of stock valuation.. | Whole class brainstorm on stock valuation Students in small groups, state the purpose of stock valuation. | Critical thinking and Problem solving. Communication and collaboration Digital Literacy | AUDIO VISUAL RESOURCES Flash cards |
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| Advantages and disadvantages of each method | iii. select the appropriate method suitable e.g. during inflation. | Student in groups select the appropriate method suitable during inflation. Learn more: https://www.morganprvce.co.ul>v…. | WEB RESOU RCES www.xplaind.com | ||
| 2 | STOCK VALUATION -List different stock valuation method. – Computation of stock Valuation. | By the end of the lesson, students should be able to: i. identify different stock valuation method. ii. calculate stock issue and closing stock using LIFO & FIFO | Students as a class, different the types of stock valuation methods. Students in small groups demonstrate on how to compute, stock valuation. Students as a class, calculate stack closing using LIFO and FIFO. | Communication and collaboration. Critical thinking and problem solving. | AUDIO VISUAL RESOURCE Resource person. Flash cards. calculator. WEB RESOURCES www.explaind.com https://www.foolcom.2003/3/20. |
| 3 | STOCK VALUATION -Computation of Should be able to: stock valuation. Working exercises on stock evaluation. | By the end of the lesson, students should be able to: Use, LIFO, FIFO, Average stock etc methods to calculate stock issue and closing stock. | Whole class brainstorm on stock valuation methods. Students in groups Practice stock valuation. Students as a class solves stock issue and closing stock using LIFO FIFO AVERAGE | Critical thinking and Problem solving. Communication and Collaboration | AUDIO VISUAL RESOURCES Resource person. Flash cards. Calculator WEB RESOURCES www.xplaind.com https://www.axial.net>forum>3-v. |
| CONTROL ACCOUNT -. Meaning and uses of Control Accounts – Classification of Control Accounts – Nature of Control Account | By the end of the lesson, students should be able to: i. describe Control Accounts ii. explain the uses of control account iii. distinguish between sales and purchases Ledger control accounts. | Whole class, discuss on control account. Students-in small group explain the general overview of control account. Students in pairs, identifies the term s of general ledger and control accounts. | Critical thinking and Problem solving. Communication and – Collaboration | AUDIO VISUAL RESOURCES – Charts showing the format Flash cards. WEB RESOURCES www.xplaind.com https://www.accountingcoash.com https://e,.m.wikiedia.org. |
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE KILLS | LEARNING RESOURCES |
| 7. | OPEN DAY/MID TERM BREAK | ||||
| 8. | CONTROL ACCOUNT | By the end of the lesson, students should b able to: i. Identify items used to prepare Sales Ledger control Account: ii. Identify items used to prepare Purchasers Ledger Control accounts. iii. describe the preparation of control accounts. | Students as a class listen and per take in the preparation of sales ledger and purchase ledger control account. Students in small groups discuss the different accounting report using examples of each | Communication and Collaboration. Critical thinking and Problem. solving. | AUDIO VISUAL RESOURCES Charts showing the format Invoices Flash cards WEB RESOURCES www.accounting.coach.com |
| 9 | CONTROL ACCOUNT -Working exercise on both classes of Control Accounts | By the end of the lesson, students should be able to: Solve problems involving; (a)Sales Ledger Control Account. (b)Purchases Ledger Control account. | Whole class Practice and compute more in preparation of sales ledger and Purchases ledger, control account. Students group to get more information from this Link: https://classhall.com>Lesson | Communication and collaboration. Critical thinking and Problem. solving. | AUDIO VISUAL RESOURCE$ • Charts showing the format Invoices Flash cards WEB RESOURCES www.accountingcoach.com www.smallbusiness.com |
| 10 | a) Basic concepts of entrepreneurship (b) Entrepreneurship education (c) Qualities of an entrepreneur (d) Importance of entrepreneurship | By the end of the lesson, students should be able to: 1. explain the term entrepreneurship 2. examine the concept of entrepreneurship education critically 3. Outline the importance of entrepreneurship 4. Analyse the qualities of an entrepreneur. | 1. Whole class discussion on the meaning of entrepreneurship. 2. Students, in small groups, discuss the term entrepreneurship education and share their knowledge with the class. 3. Students, as a class, discuss the importance or entrepreneurship. 4. Students in the same groups critically analyse the qualities of an entrepreneur. | Communication and collaboration. Critical thinking and Problem. solving. – Leadership and Personal development | www.smallbusiness.crom.com>basic.com www.businessmanagementideas.com Charts Pictures |
| 11 | Revision | ||||
| 12,13 | Examination |
Book Keeping Scheme of work for SSS 2. Lagos State Schemes of Work SS2 Book Keeping for Senior Secondary School Schemeofwork
Book Keeping Scheme of Work SSS 2 Third Term
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| 1 | REVISION SINGLE ENTRY AND INCOMPLETE RECORD -Meaning; Limitation and preparation of Final Account From incomplete records. | By the end of the lesson, students should be able to: i. give an explanation for single entry ii. identify limitations of singe entry and incomplete records. iii. Prepare opening statement of affairs. | Students as a class discuss on the term single entry. Students in small groups, converts single entry to double entry Whole class prepared Statement of affairs. Students as a class, brainstorm on statement of affairs. | Communication and collaboration. Critical thinking and problem solving | AUDIO VISUAL RESOURCES Class presentation Format of steps involved Charts showing format of final account WEB RESOURCES www.accountingcoach.com www.Dronstudy.com |
| 2 | SINGLE- ENTRY AND INCOMPLETE RECORDS -Working exercise | By the end of the lesson, students should be able to: i. Prepare net profit statement. ii. Convert single entries to double entry | Students as a class, determine. Capital and profit balance. Students in pairs, convert single entries to double entry . Students in small groups prepare statement of affairs and conversion to double entry | Communication and collaboration. . Critical thinking and problem solving. | AUDIO VISUAL RESOURCES: Class presentation Format of steps involved charts showing format of final account WEB RESOURCES www.accountingcoach.com |
| 3 | ACCOUNT OF NON-PROFIT MAKING ORGANISATION -Meaning of Non- Profit Organization. | By the end of the lesson, students should: be able to: i. describe nonprofit making organisations. iii. list the sources of income to a non- | Whole class brainstorm on the meaning of non- profit making. Students in small groups, state the source of income to Students as a class explain income and Expenditure. Students as class list users of income and expenditure account | Communication and collaboration, Critical thinking and problem solving. | AUDIO VISUAL RESOURCES Societies and clubs in the school Currency note, income received; Expenses made |
BOOK KEEPING
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| – Source of Income and example -Books maintained Receipts and Expenditure Accounts -Balance sheet | Profit making organization Student in small groups, write down the reasons for non-profit making organisaton. | A non-profit organiation | WEB RESOURCES www.classhall.com |
| 4 | RECEIPTS AND PAYMENT ACCOUNT -Meaning of Receipts and Statement Account. – Purpose of Receipts and Payment Account. –User of Receipts and Payment Account Contents of Receipts and Payment Accounts. | By the end of the lesson, students should be able to: i. identify the users of receipts and payment account. ii. state the contents of receipts and payments account: iii. describe receipts and payments a non-profit organisations | Student in small groups, write down he reasons for profit making. Students as a class – identity the user of receipts and payment and income and expenditure account Students in small groups, state the contents of receipts and payment account. | Critical thinking and Problem solving. Communication and – Collaboration | AUDIO VISUAL RESOURCES Charts. Real objects such as money, cheque etc WEB RESOURCES www.toppr.com |
| 5 | RECEIPTS AND PAYMENT ACCOUNT – Preparation of Receipts and payment account. | By the end of the lesson, students should be able to: i. Use the given information to prepare receipts and payment account ii. Balance receipts and payment account | Students as a class participate in the preparation of receipts and payment account. Students in small groups prepares balance sheet. | Critical thinking and Problem solving. Communication and Collaboration | AUDIO VISUAL RESOURCES Real object such as money, cheque etc. .Cha its WEB RESOURCES www.toppr.con |
| 6 | INCOME AND EXPENDITURE ACCOUNT – Meaning, purpose of income and expenditure accounts. | By the end of the lesson, students should be able to: i. explain income and expenditure accounts. ii. identify items used to prepare | Students as a class, brainstorm on income and expenditure account | Critical thinking and Problem solving. Communication and Collaboration | AU DO VISUAL RESOURCES Charts. Flash cards Calculator |
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| – Users of Income and Expenditure Accounts. – Contents of Income and Expenditure Accounts. | income and expenditure account. iii. list the users of the account. | Students as a class explain income and Expenditure. Students as class list users of income and expenditure account | WEB RESOURCES www.accountingformanagement.org | ||
| 7 | OPEN DAY/MID TERM BREAK | ||||
| 8. | INCOME AND EXPENDITURE ACCOUNT: -Identification and Difference of revenue and capital preparation of Simple income and expenditure account | By the end of the lesson, students should be able to: i. Prepare income and expenditure account ii.identify capital and revenue expenditure iii. Determine the surplus or deficit iv. Differentiate between surplus and deficit v. Prepare income and expenditure account. | Students as a class, prepare the income: an expenditure account. Students in groups justify the user of income and expenditure account. . Students in groups, discuss the meaning of surplus – and deficit. Students as a class differentiate between surplus and deficit. Students in small groups, prepares | Communication and Collaboration Critical thinking and Problem solving. Communication and – Collaboration | AUDIO VISUAL. RESOURCES Charts showing income and expenditure format Rash cards. . WEB RESOURCES www.accountingformament.com |
| 9 | Basic concepts of marketing. – (a) Meaning of. marketing (b) Methods of marketing (c) Importance of marketing | By the end of the lesson, students should be able to: : I describe the term marketing; 2. examine ‘the methods .- of marketing; | 1. Students, as a class, brainstorm on the term and expenditure account. 1. Students, as a class, brainstorm on the term marketing. 2 Whole class discussion on the different methods of marketing – – 3. Small groups | – Communication and Collaboration – Critical thinking and Problem solving – Leadership and Personal | Basic concepts of marketing. – (a) Meaning of marketing (b) Methods of marketing (c) Importance of marketing |
| WKS | TOPICS | LEARNING OBJECTIVES | LEARNING ACTIVITIES | EMBEDDED CORE SKILLS | LEARNING RESOURCES |
| (d) Marketing/distribution channel chart | 3. Analyse the importance of marketing 4. Create a flow chart of the marketing of channel distribution | Marketing important. 4. Small groups activities on chart of distribution channels of marketing | – Creativity and imagination | Distribution-for-plaintains-in-Abidjan-cote-divore-figi273770927 Pictures chart | |
| Marketing continued (a) Product Branding (b) Product Packaging (c) Costing (d) Pricing | By the end of the lesson, students should be able to 1. highlight the factors to be considered in product price tag; 2 distinguish between the term packaging & Branding, 3 Develop a feasibility study for setting up a groups profitable business or production unit; Creativity design a befitting package for their products. | Whole class on the factor to be considered before living a product price 2. Students, in pairs, discuss the differences between packaging & branding 3 Students in small groups present a feasibility study of a said production of business setup (Group product) 4. Students, in the same groups, produce or come up with befitting packages for their products. | – Communication and Collaboration – Critical thinking and Problem solving – Leadership and Personal | Branded products Packaged products Pictures Charts www brandingmag.com www resources.mojomedialbs.comwww.packaging.com>blog www smallbusinesshron.com www vegcropshotline.org. | |
| 12 | REVISION | ||||
| 13 | EXAMINATION |
Book Keeping Scheme of work for SSS 2. Lagos State Schemes of Work SS2 Book Keeping for Senior Secondary School Schemeofwork
ACHIEVEMENT STANDARDS FOR SS2
At the end of the session, students are able to:
- Discuss the accounting concept and convention.
- Discuss the application of convention in financial reports.
- Relate accounting concepts to financial reports.
- define and discuss various types of depreciation and identifies method used
- Differentiate between prepayment and payments in arrears.
- Explain bad debt and differentiate between bad debts provision for bad debt.
- Discuss the treatment of adjustment such as depreciation, accruals and bad debt in final account.
- Define and discuss stock valuation and its different method.
- Identifies items used in preparing sales ledger and purchase lodger control account.
- Explain single entry and prepare opening statement of affairs.
- Discuss nonprofit making organizations and identifies users of receipt and payments account.
- Identifies item use to prepare income and expenditure and the users of the account.
