4WEEK SStudents should be able to:
state the purpose of book-keeping andaccounting.
explain the differencebetween book-keepingand accounting.
explain what atransaction is.
describe the 3 typesof business.
describe theaccounting process.
use Ledger rules foraccounts to recordtransactions.
explain the purposeof the accountingperiod.
accounting Equationeffect of transaction.
discuss theaccounting policies
Role of Accounting
Difference betweenbook-keeping andaccounting
Nature of businesstransactions
Purpose of book-keeping and accounting
Purpose of accounting period
Ledger Rules; Assets,Liabilities, Revenues,Expenses and OwnersEquity.
FundamentalConcepts and accounting.
Compare andcontrast the differencesof accounting cycle oraccounting process in thecomputerized andmanual system.
Objectives of accounting policies.
Which type of businesswould be the mostcommon? Why?
Analyse the reasonswhy specific types of businesses chooseparticular business form.
Compare and contrastthe advantages anddisadvantages of eachtype of business unit.
Discuss the role of accounting information inmaking financialdecisions.
Go to the nearest mini-mart and list all assetsthat can be and measuredin terms of money.
Provide case studywhere students are ableto:
State the date of theBalance Sheet.
Total Assets, Totalliabilities and owners’equity.
The type of liability inthe business.
What’s makeup theowners’ equity of thebusiness.
Describe the 3 types of business organizationthrough Role Play; thestudents are to identifythe characteristics of
(for actual examplesrepresenting eachtype of businessunit)
( Gives the latestinformation of annual reports of Johnson and JohnsonCorporation)
(learn more aboutthe expandedaccounting equation)
(To know thedifferent kinds of businessmanagementsoftware e.g.QuickBooksaccounting software,UBS etc )
(e-business softwarefor small to medium
IGCSE ACCOUNTING 0452 – SPN 21 SCHEME OF WORKYEAR 9 (2YR PROGRAMME)