Accounting

Mrs. Kay Adams
Updated 2012

Month

Standards (include state core numbers)

Skills

Assessment

August-September

 Standard 1: Students will acquire and use accounting terminology and professional attitude and skills throughout the study of accounting.

 

Standard 2: Students will list and identify characteristics of the three basic accounting equation elements.

 

Standard 8: Students will acquire automated accounting competency

 S1- Accounting terminology will be used in our language in class as well as in the business world.  Students will recognize and speak this language.

S2- Learn the accounting equation and how it affects financial statements.

 

S8- Learn to use excel in accounting

 S1- Vocabulary and chapter quizzes and tests.

 

S2- Worksheets and test

 

S8- Assignments will be completed using Microsoft Excel.

October

Standard 3: Students will apply the theory of debit and credit to the accounting equation, define a business transaction, and show how and why accounts are increased and decreased.

 

Standard 4: Students will identify and use source documents for journalizing transactions; students will post journal entries to a ledger.

 

Standard 8: Students will acquire automated accounting competency

  S3 Learn what debits and credit are and how they relate to the accounting equation. Prepare t-accounts.

 

 

 

S4 Understand what a source document is and how to account for them. Journalize transactions and prepare a ledger.

 

 

S8- Learn to use excel in accounting

  S3 Worksheets/simulation and test

 

 

 

 

S4 Worksheets/simulation and test

 

 

 

S8- Assignments will be completed using Microsoft Excel.

November

 Standard 5: Students will prepare, analyze and interpret Financial Statements.

 

Standard 6: Students will prepare closing entries and a Post-Closing Trial Balance.

 

Standard 8: Students will acquire automated accounting competency

  S5- Prepare an Income Statement, Balance Sheet and Cash Flow Statement.

 

S6- Prepare closing entries and Post Close Trial Balance.

 

 

S8- Learn to use excel in accounting

 S5 Worksheets/simulation and test

 

S6 Worksheets/simulation and test

 

 

 

S8- Assignments will be completed using Microsoft Excel.

December

 Standard 7: Students will demonstrate proper cash management.

 

Standard 8: Students will acquire automated accounting competency

  S7 Understand Cash Management, Balance a Checkbook, Reconciling a Bank Statement etc.

 

S8- Learn to use excel in accounting

  S7 Worksheets and test

 

S8- Assignments will be completed using Microsoft Excel.

 

State Competency Test