COURSE OF STUDY UNIT PLANNING GUIDE FOR ACCOUNTING

Transcription

1 PREPARED B RICHARD WILS COURSE OF STUDY UNIT PLANNING GUIDE FOR ACCOUNTING REDITS GRADE LEVEL: ULL YEAR SCOTT WISNIEWSKI, ASST. PRINCIP BUSINESS SUPERVIS REVISED AUGUST 2015 DUMONT HIGH SCHOOL. E. ADOPTED AUGUST 20, 2015 DUMONT, NEW JERSEY

2 ounting Grades Full Year 5 Credits course is an introduction into the business world, a starting point for building a career. Instruction covers basic skills lops values and attitudes useful in gaining entry into an accounting office. It is also important for people seeking computer-rela and other office positions. de Distribution & Quizzes - 25% ects - 25% ework & Classwork - 50% rking Period/Final Exams -year Courses Weighting Semester Courses Weighting rter % of final grade Quarter 1 45% of final grade rter % of final grade Quarter 2 45% of final grade rter % of final grade Final Exam 10% of final grade rter % of final grade l Exam 10% of final grade

3 COURSE OF STUDY - ACCOUNTING I I. PHILOSOPHY All business students should acquire a knowledge of accounting concepts, principals, and controls if they are to maximiz their potential for success in the business world. The student who aspires to a career in the accounting and computing occupations must master accounting concepts, principles, and controls both to cope successfully with the new and developing techniques for processing data and to use accounting information as a basis for decision-making. The studen who is not preparing for a career in the accounting and computing occupations should nevertheless understand how accounting relates to the other aspects of business. II. BEHAVIORAL OBJECTIVES The student will be able to: A. apply basic bookkeeping an accounting principles, procedures and terminology B. prepare, analyze, compare, and interpret financial statements C. apply knowledge of bookkeeping and accounting principals to the social and omic issues in today s society D. apply systems approach to business accounting procedures. Students will learn th usiness activity is an isolated event. Rather they learn the significance of that activity in th rn and sequence of events that take place in the subsystems that constitute an accounting system E. integrate data processing technology into areas of financial activities F. apply Generally Accepted Principles published by the American Institute of Certified Public Accountants G. recognize the need for and apply internal control

4 H. recognize and understand the various careers available in business III. COURSE CONTENT A. Introduction to Accounting 1. Accounting in a Private Enterprises Economy 2. Business Transactions and the Basic Accounting Education B. The Basic Accounting Cycle 1. Analyzing Transactions affecting Assets, Liabilities, and Owner s Equity 2. Analyzing Transactions affecting Revenue, Expenses, and withdrawals 3. Recording Transactions in a General Journal 4. Posting Entries to General Ledger Accounts a. Application Activity 1: Setting up records for a sole proprietorship 5. Preparing a six-column worksheet 6. Preparing Financial Statements for a sole proprietorship 7. Completing the Accounting Cycle for a sole proprietorship a. Application Activity 2: Completing the Accounting Cycle for a sole proprietorship

5 8. Cash Control and Banking Activities a. Application Activity 3: A complete Accounting Cycle for a sole proprietorship PROJECT 1: AQUACLEAN POOL SERVICE C. The Accounting Cycle for a Merchandising Business 1. Accounting for a Merchandising Business Organized as a corporation 2. Accounting for Sales on Accountant 3. Accounting for Cash Receipts 4. Accounting for Purchases on Account 5. Accounting for Cash Payments 6. Accounting for General Journal Transactions a. Application Activity 4: Recording Business Transactions in special journals 7. Preparing a Ten-Column Worksheet 8. Preparing Financial Statements for a Corporation 9. Recording Adjusting and Closing entries a. Application Activity 5: A complete Accounting Cycle for a Merchandising Business PROJECT 2: LAKESHORE COMPUTER CENTER D. Accounting for a Payroll System 1. Payroll Accounting

6 2. Payroll and Tax Records a. Application Activity 6: Payroll Accounting E. An Accounting System using Combination Journal 1. Recording Sales and Cash Receipts in a Combination Journal 2. Recording Purchases and Cash Payments in a Combination Journal PROJECT 3: BRANIGAN S F. Accounting for Special Procedures 1. Accounting for Cash Funds 2. Accounting for Depreciation of Plant Assets 3. Accounting for Uncollectable Accounts Receivable 4. Accounting for Inventories 5. Accounting for Notes Receivable and Payable PROJECT 4: LONDON AND COMPANY G. Accounting for other Forms of Business Organization 1. Accounting for Partnership and Public Corporations 2. Analyzing and Interpreting Financial Statements VII. BIBLIOGRAPHY Text Accounting: Concepts/Procedures/Applications 1st Ed. Houghton Mifflin Company, 1985 Workbooks Accounting: Concepts/Procedures/Applications Chapters 1-30 Houghton Mifflin Company, 1985

7 Teacher s Manual Houghton Mifflin Company, 1985 Practice Sets Aquaclean Houghton Mifflin Company, 1985 Lakeshore Computer Center Houghton Mifflin Company, 1985 Branigan s Houghton Mifflin Company, 1985 London and Company Houghton Mifflin Company, 1985

8 Modifications/Strategies for Student Populations *Interdisciplinary **21 st Century Themes and Skills Century Themes & Skills** Special Education/Gifted ELL At Risk of School Failure Benchmarking Career Skills. Multimedia/Vide s. Interviews*. Resumes*. Letters. Public Speaking. College/Career reparedness*. Naviance ommunication. Presentations /Visuals. Speeches*. Think-Pair-Share Collaboration. Cooperative rojects. Peer Review Creativity. Visual Special Education 1. Providing Notes/Modified Notes a. PowerPoints b. Text with Annotations 2. Providing Anchor Copies with Rubrics 3. Modeling 4. Chunking 5. Scaffolding 6. Repeat/Rephrase 7. Manipulatives/Visual s 8. Graphic Organizers 9. Study Guides 10. Conferencing a. Student b. Parent c. Guidance d. Administration e. CST 11. Tutoring/Extra Help 1. Word to Word Dictionaries 2. Bilingual Dictionaries 3. Providing Notes/Modified Notes a. PowerPoints b. Text with Annotations 4. Providing Anchor Copies with Rubrics 5. Modeling 6. Chunking 7. Scaffolding 8. Repeat/Rephras e 9. Manipulatives/ Visuals 10. Graphic Organizers 11. Study Guides 1. Providing Notes/ Modified Notes a. PowerPoints b. Text with Annotations 2. Modeling 3. Chunking 4. Scaffolding 5. Repeat/Rephras e 6. Manipulatives/V isuals 7. Graphic Organizers 8. Study Guides 9. Portfolios 10. Modified Texts 11. Priority Seating 12. Checking Assignments Pads 13. Conferencing a. Student b. Parent 1. Pre and Post SGO Assessments

9 terpretations. Dramatic eadings ritical Thinking. Knowledge atter Simulations. Peer Review Technology. SMART Board. ipads. Podcasts. Virtual Field rips. Quizlet. Socrative. Kahoot. Flubaroo. Wikis 0. Google Drive 1. Virtual High chool 2. Knowledge atters Virtual usiness - Personal inance Software Gifted 1. Self-Directed Learning Independent Research* 2. Individualized Pacing 3. Supplemental Texts (Higher Lexile Levels)* 4. Virtual High School 12. Modified Texts 13. Conferencing a. Student b. Parent c. Guidance d. Administrati on e. CST 14. Tutoring/Extra Help c. Guidance d. Administrati on e. CST 14. Tutoring/Extra Help

10 g Guide TURY 21 SOUTH-WESTERN ACCOUNTING 1 ACCOUNTING FOR A SERVICE BUSINESS ORGANIZED AS A PROPRIETORSHOP Unit 1_ Starting a Propeitorship_September 8 - November 21 Unit 2_Work Sheet/Financial Statements/Records for Service Business_November 24 - February 6 Unit 3_ Payments, Payroll, Taxes Reports & Records February 9 - April 29 Unit 4_ Work Sheets, Statements & Records for a Corporation_ April 30 - June 9