FIRST TERM SCHEME OF WORK FOR FINANCIAL ACCOUNTING SS1
Senior Secondary School Scheme of work for Accounting SS1 – Edudelight.com
NERDC Curriculum Accounting SS1
SS1 First Term Accounting Scheme of work Lagos State
- Introduction to Book-Keeping and Accounting
2 Transactions – Meaning and Classifications
3 Books of Accounts – Layout and Formats
4 – 5 Double Entry Principle: Posting of Transactions to Ledger Accounts;
Combinations of Cash and Bank Account
6 – 7 Balancing of Ledger Accounts; extraction of the Trial Balance
8 Source Documents: Purpose Characteristics and Functions
9 -10 Subsidiary Books: Purpose, Characteristics, Functions and Preparations
11 – 12 Revision and Examination
SS1 First Term Accounting Scheme of work – Modified
Week 1:Introduction to book-keeping and Accounting
- Importance and history of Accounting in Nigeria
- Users of Accounting information and purpose for which they are needed
- Advantages and limitations of Accounting
- Career opportunities in Book-keeping and Accounting
- Accounting professional bodies
- Accounting professional ethnics
Week 2: Accounting concepts and conventions
Week 3: Principles of double entries
- Accounting equations
- Leagalization and journalization
Week 4: Source Documents
- Meaning, uses, types – importance, e.g. debit note, credit note
Week 5: Subsidiary books: meaning, uses, types – cash book, purchase day ledger, sales day book, returns inwards journal and returns outwards journal Journal proper.
Week 6: Working exercises on sales day book and return inwards journal and posting them into ledger
Week 7: Working exercises on ledger entry on purchases day book and return outward journal
Week 8: Ledger – meaning, purposes, rules for posting ledger accounts to be debited and accounts to be credited
Week 9: One column cash book – meaning and uses, working exercises on it with cash book account. Exercise book
Week 10: Double column cash book – meaning, bank transactions, central entry, posting and balancing of cash book
Week 11: REVISION
Week 12: EXAMINIATION
