SS1 Third Term Bookkeeping Lesson Note and Scheme of Work
SS1 Third Term Bookkeeping Lesson Note and Scheme of Work
Week 1: Consolidation of Financial Statements
Lesson: Understanding the consolidation process for group companies.
Activity: Group project – consolidating financial statements for a fictional group.
Week 2: Ratio Analysis
Lesson: Introduction to financial ratios and their significance.
Activity: Analyzing financial statements to calculate key ratios.
Week 3: Cash Flow Statements
Lesson: Preparation and interpretation of cash flow statements.
Activity: Practical exercises involving cash flow statement creation.
Week 4: Accounting for Non-Profit Organizations
Lesson: Exploring the unique aspects of accounting for non-profits.
Activity: Analyzing financial statements for a non-profit organization.
Week 5: International Financial Reporting Standards (IFRS)
Lesson: Overview of IFRS and its impact on financial reporting.
Activity: Case study – applying IFRS principles to financial statements.
Week 6: Forensic Accounting
Lesson: Introduction to forensic accounting and its role in investigation.
Activity: Simulated case study – applying forensic accounting techniques.
Week 7: Accounting Information Systems
Lesson: Understanding the role of technology in accounting.
Activity: Exploring accounting software and its practical application.
Week 8: Environmental Accounting
Lesson: Exploring the environmental impact of business activities.
Activity: Research and presentation on the concept of environmental accounting.
Week 9: Corporate Governance and Ethics
Lesson: Importance of corporate governance and ethical considerations.
Activity: Group discussion on ethical dilemmas in accounting.
Week 10: Emerging Trends in Accounting
Lesson: Overview of current trends and advancements in accounting.
Activity: Research and presentation on a selected emerging trend.
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 academic year with reflections on the course.
Activity: Student presentations on lessons learned and practical applications.
