PROPOSAL

Title: Accounting 1 Enrichment

Teacher: Jericko Lian L. Del Rosario
Subject: Fundamentals of Accountancy, Business, and Management 1
Number of sessions: 7 sessions
Hrs per session: 1 – 1.5hrs

OBJECTIVE

The objective of this enrichment classes for the students is to review FABM 1, specifically the essential
steps in the accounting process, in preparation for college.
The fundamentals of this subject are very crucial for the students, especially those who will take business
courses such as Accountancy, to cope with the fast-paced lessons in Accounting.

This enrichment will focus on the 7 essential steps of the accounting process which are:
a. Analyzing transactions
b. Journalizing entries
c. Posting to the ledger
d. Preparation of the Unadjusted Trial balance
e. Adjusting entries
f. Preparation of the Adjusted Trial Balance
g. Preparation of the Financial Statements (10-column worksheet)

For the students to learn the accounting process, the teacher also must introduce certain principles and
concepts in accounting which are essential to learning the said topic. Below are the pre-requisite topics:
a. Basic Accounting Concepts and Principles
b. Accounting Equation
c. Types of Major Accounts

LESSONS

1st Session: Basic Accounting concepts & Principles and Accounting Equation (Transaction-type)
Objective: At the end of the lesson, the learners shall be able to apply the concepts &
principles in the transactions and solve problems applying the accounting equation.

2nd Session: Types of Major Accounts and Journalizing entries

Objective: At the end of the lesson, the learners shall be able to identify and classify
accounts according to the five major accounts. The learners are also expected to learn how
to record different types of transactions in accounting.

3rd Session: Posting to the ledger and preparation of Unadjusted Trial Balance
Objective: At the end of the lesson, the learners shall be able to transfer their journal entries
to the ledger, prepare the Unadjusted Trial Balance, and understand their importance.
 4th Session: Adjusting Entries – Prepaid Expenses and Unearned Revenues
Objective: At the end of the lesson, the learners shall be able prepare the necessary
adjusting entries for Prepaid expense and Unearned Revenue transactions.

5th Session: Adjusting Entries – Accrued Expenses, Accrued Revenues, Depreciation and Doubtful
Objective: At the end of the lesson, the learners shall be able to prepare the necessary
adjusting entries for Accrued expense, Accrued Revenue, Depreciation, and Doubtful
transactions.

6th Session: Preparation of the Adjusted Trial balance and Financial Statements
Objective: At the end of the lesson, the learners shall be able to prepare the Adjusted Trial
Balance and Financial statements in the 10-column worksheet.

7th Session: Summarizing the Accounting process through the preparation of the whole 10-column
worksheet (from Unadjusted Trial balance to Financial statements)
Objective: At the end of the lesson, the learners shall be able to prepare the 10-column
worksheet.

MATERIALS

For this enrichment class, the students will be needing these materials:
a. Pencil
b. Yellow pad paper
c. Calculator (scientific or ordinary)
d. 10-column columnar pad