THIRD TERM SCHEME OF WORK FOR COMMERCE SS2
Senior Secondary School Scheme of work for Commerce SS2 – Edudelight.com
NERDC Scheme of work Commerce SS2
Lagos State Commerce Scheme of work SS2 Third Term
Week 1 – 2 Capital – meaning, types and structure
Week 3 – 4 Profit – meaning, types and structure
Week 5 – 6 Business Finance – the financial position of business firms.
Week 7 – 8 The Stock Exchange
Week 9 – 10 Communication
Week 11 – 12 Revision and Examination
Commerce Scheme of work SS2 Third Term – Modified
1. Revision /warehousing
- meaning,
- importance of warehousing
- functions of warehousing
- types of warehousing
2. History of Nigerian Capital Market
- 1994(Development loan stock)
- 1960(Lagos State Exchange Act)
- 1962(Capital Issue Commission)
- 1979((SEC Commission Decree 71) etc.
3. The Stock Exchange:
- Meaning, function, organization, set-up, procedure of transaction in the stock exchange, speculations in stock exchange
- Types of securities
- Importance of stock exchange
4. Second –tier Securities market:
- Meaning, Listing of companies for the market
- Advantages companies and to the investing public, operating regulations.
5. Capital:
- Meaning
- Accountant point of view
- Economist points of view
- Laymen understanding
- Types of capital
6. Capital
- Importance of working capital
- calculation of working capital
Profit: Meaning
(A) Accountant point of view of profit
(B)Economist point of view of profit
(C)Laymen’s understanding of profit
(D)Definition profit
7. Profit
- Types of profit
- items in the trading profit and loss account
- Uses of trading profit and Loss account
- Factors affecting profits
- Calculation of gross profit and net profit
8 Profit (CONTINUED)
- Turnover, meaning factors affecting turnover
- Relation of capital to turnover, calculation of capital to turnover
- Rate of turnover
- Percentage of gross or net profit to turnover
- Explanation of variation in turnover in different types of business.
9 Communication:
- Meaning, importance of communication, Nigeria traditional means of communication
- Barriers to effective communication
10 Communication (Continued)
- Post office as a means of communication
- Telecommunication service
11&12 Revision &exam

