SS2 Third Term Bookkeeping Lesson Note and Scheme of Work
SS2 Third Term Bookkeeping Lesson Note and Scheme of Work
Third Term: Week 1-6
Week 1: Introduction to Taxation
Lesson Note: Provide an overview of taxation, focusing on its significance in business and personal finance.
Activities: Discussion on types of taxes, analyzing case studies on tax implications.
Week 2: Value Added Tax (VAT)
Lesson Note: Dive into Value Added Tax, explaining its principles and practical application.
Activities: Calculating VAT for different transactions, understanding VAT returns.
Week 3: Corporate Social Responsibility (CSR) in Accounting
Lesson Note: Explore the role of CSR in accounting and its impact on financial reporting.
Activities: Research and presentation on companies with exemplary CSR practices.
Week 4: Environmental Accounting
Lesson Note: Discuss the emerging field of environmental accounting, linking business activities to environmental impacts.
Activities: Case studies on businesses incorporating environmental accounting, class discussions.
Week 5: International Financial Reporting Standards (IFRS)
Lesson Note: Introduce IFRS, explaining the global accounting standards and their adoption.
Activities: Comparative analysis of IFRS and local accounting standards, discussing challenges and benefits.
Week 6: Fraud Detection and Prevention
Lesson Note: Cover the basics of fraud detection and prevention in accounting.
Activities: Analyzing real-life fraud cases, developing strategies for fraud prevention.
Week 7-10: Auditing Principles and Practice
Lesson Note: Explore the principles and practices of auditing, emphasizing the role of auditors in ensuring financial integrity.
Activities: Mock audit exercises, preparing audit reports, and discussing ethical considerations.
Week 11: Revision Week
Lesson Note: Review third-term topics, focusing on complex areas and providing additional resources for self-study.
Activities: Comprehensive review sessions, practice exams, and Q&A sessions.
Week 12: Examination Week
Lesson Note: Conduct examinations covering the entire third term’s curriculum.
Activities: Written exams, practical assessments, and viva voce.
Week 13: School Dismissal Week
Lesson Note: Conclude the academic year with a reflection on the entire course, discussing career paths in accounting.
Activities: Distribution of final reports, career guidance session, and a farewell class activity.