Lesson Note on Transactions – Meaning and Classification Subject: Financial Accounting Class: Senior Secondary School (SSS 1) Term: First Term Week: 5 Age: 14-16 years Duration: 40 minutes Topic: Transactions – Meaning and Classification Sub-topic: Meaning and Types of Transactions Behavioral Objectives By the end of this lesson, students should be able to: Define a
Weekly Brief List of Topics for SS1 Financial Accounting (First Term) Week 1: Introduction to Accounting Meaning of Bookkeeping Meaning of Financial Accounting Differences between Bookkeeping and Financial Accounting Importance of Accounting Week 2: History of Accounting Worldwide and Nigeria Users of Accounting Information Internal and External Users and Their Needs Characteristics of Accounting Information
SCHEME OF WORK 1 1st TERM ACCOUNTING SS 1 WEEK TOPIC BOOK KEEPING AND ACCOUNTING THE NEED FOR BOOKING AND ACCOUNTING ETHICS OF ACCOUNTING PRINCIPLES AND PRACTICE OF DOUBLE ENTRY ACCOUNTING CONCEPTS AND CONVENTIONS THE USE OF GENERAL JOURNALS AND OPENING AND CLOSING ENTRIES OF GENERAL JOURNALS. CORRECTION OF ERRORS TYPES OF DISCOUNTS ANALYTICAL CASH
Financial Accounting SS1 First Term Lesson Note Week 3: Advantages and Limitations of Accounting Subject: Financial Accounting Class: SS1 Term: First Term Week: 3 Age: 14-16 years Duration: 40 minutes Topic: Advantages and Limitations of Accounting Sub-Topics: Accounting Process Cycle Identifying and Analyzing Business Transactions and Events Recording in the Journals Posting to the Ledger
Mid-Term Break Test for Financial Accounting (SS1) Instructions: Answer all questions. Write your answers clearly and legibly. For multiple-choice questions, circle the correct answer. Ensure to review your work before submission. Objective Questions Which of the following is the primary purpose of accounting? a) To record only cash transactions b) To provide financial information for
Lesson Plan: Examination Subject: Financial Accounting Class: SS1 Term: 1 Week: 13 Age: 15-16 years Topic: Examination Sub-topic: First Term Examination on Financial Accounting Duration: 1 hour 30 minutes Behavioral Objectives: By the end of the examination, students should be able to: Recall and apply the concepts, principles, and techniques they have learned throughout the
Lesson Plan: Revision Subject: Financial Accounting Class: SS1 Term: 1 Week: 12 Age: 15-16 years Topic: Revision Sub-topic: Review of all Topics Covered in the First Term Duration: 1 hour Behavioral Objectives: By the end of the lesson, students should be able to: Review and recall all key concepts covered in the first term. Answer
Lesson Plan: Discounts Subject: Financial Accounting Class: SS1 Term: 1 Week: 11 Age: 15-16 years Topic: Discounts Sub-topic: Meaning, Types, Reasons for Giving Discounts, Calculation of Discounts Duration: 1 hour Behavioral Objectives: By the end of the lesson, students should be able to: Explain the term “discount” and identify the different types of discounts. State
Lesson Plan: Double Column Cash Book Subject: Financial Accounting Class: SS1 Term: 1 Week: 10 Age: 15-16 years Topic: Double Column Cash Book Sub-topic: Definition, Format, Use of Columns, Preparation Duration: 1 hour Behavioral Objectives: By the end of the lesson, students should be able to: Define the cash book and explain its purpose. Identify
Lesson Plan: The Ledger and Cash Book Subject: Financial Accounting Class: SS1 Term: 1 Week: 9 Age: 15-16 years Topic: The Ledger Sub-topic: Classification of Accounts, Cash Book (Meaning, Types, Single Column Cash Book) Duration: 1 hour Behavioral Objectives: By the end of the lesson, students should be able to: Use correct mapping to classify
