SS2 Third Term Commerce Lesson Note and Scheme of Work

 

Week 1: Introduction to Accounting

 

Basics of accounting principles.

Understanding financial statements.

Importance of accounting in business.

Activity: Practicing basic accounting transactions.

Week 2: Cost and Management Accounting

 

Types of costs in business.

Cost accounting techniques.

Budgeting and financial planning.

Activity: Creating a simple business budget.

Week 3: Business Law

 

Overview of business laws and regulations.

Contracts and their elements.

Consumer protection laws.

Activity: Analyzing and discussing real-life legal cases.

Week 4: Risk Management

 

Identifying and assessing business risks.

Risk management strategies.

Insurance as a risk mitigation tool.

Activity: Developing a risk management plan for a business.

Week 5: Human Resource Management

 

Functions of human resource management.

Recruitment, training, and performance appraisal.

Employee motivation and engagement.

Activity: Role-playing HR scenarios.

Week 6: Entrepreneurial Development

 

Advanced topics in entrepreneurship.

Scaling a business and sustaining growth.

Case studies on successful entrepreneurs.

Activity: Business pitch competition.

Week 7: Government and Business

 

Government policies affecting businesses.

Regulatory bodies and compliance.

Public-private partnerships.

Activity: Research and presentation on a government business initiative.

Week 8: Environmental Sustainability in Business

 

Importance of environmental sustainability.

Green business practices.

Corporate environmental responsibility.

Activity: Designing an eco-friendly business project.

Week 9: Innovation and Technology in Business

 

Role of technology in business.

Innovations in various industries.

Adapting to technological changes.

Activity: Creating a technology-driven business proposal.

Week 10: Business Communication Skills

 

Effective communication in a business context.

Writing business proposals and reports.

Presentation skills.

Activity: Business communication role-plays.

Week 11: Revision Week

 

Reviewing key concepts and topics covered.

Q&A sessions.

Practice tests and quizzes.

Week 12: Examination Week

 

Conducting written and practical examinations.

Week 13: School Dismissal Week

 

Recap of the academic year.

Providing feedback on examinations.

Distributing final progress reports.

Activity: Celebratory class event or outing.