SS1 First Term Bookkeeping Lesson Note and Scheme of Work

SS1 First Term Bookkeeping Lesson Note and Scheme of Work

Week 1: Introduction to Bookkeeping

Lesson: Understanding the basics of bookkeeping.

Activity: Students create simple personal financial records.

Week 2: Principles of Double Entry

Lesson: Exploring the double-entry system.

Activity: Practice recording transactions using the double-entry method.

Week 3: Types of Accounts

Lesson: Identifying and classifying various accounts.

Activity: Group activity – categorizing accounts based on real-world examples.

Week 4: Ledger and Subsidiary Books

Lesson: Introduction to the ledger and subsidiary books.

Activity: Students maintain a simple ledger for personal transactions.

Week 5: Cash Book

Lesson: Understanding the purpose and format of a cash book.

Activity: Practical exercise – recording cash transactions in a cash book.

Week 6: Petty Cash

Lesson: Managing petty cash and recording expenses.

Activity: Simulation – students manage a petty cash fund for a hypothetical scenario.

Week 7: Bank Reconciliation

Lesson: The importance of bank reconciliation.

Activity: Analyzing bank statements and reconciling with cash book entries.

Week 8: Trial Balance

Lesson: Preparing a trial balance.

Activity: Students compile a trial balance from provided data.

Week 9: Depreciation

Lesson: Understanding depreciation and its methods.

Activity: Calculating depreciation for various assets.

Week 10: Financial Statements

Lesson: Preparing income statements and balance sheets.

Activity: Group project – creating financial statements for a fictional business.

Week 11: Revision Week

Lesson: Reviewing key concepts covered in the term.

Activity: Practice tests and discussions to reinforce understanding.

Week 12: Examination Week

Lesson: Final preparation for the term examination.

Week 13: School Dismissal Week

Lesson: Wrapping up the term with a recap of essential topics.

Activity: Reflection and goal-setting for the next term.