SS1 Accounting Scheme of Work and Lesson Topics
1. Meaning Of Accounting2. The History of Accounting3. Accounting As A Profession4. Future Prospects5. Users of Accounting Information6. Accounting Equation7. The Need For Book Keeping And Accounting8. Keeping of Accounting Records As A Soul of Business9. Valuation of Stock10. Valuation of Assets11. Determination Debtors And Creditors12. Conservation of Assets13. The Concept of Accounting Ethics14. Accounting Ethics: Honesty, Transparency & Integrity15. Benefits of Accounting Ethics To The Profession & Society16. Meaning of Source Documents17. Types of Source Documents18. Meaning of Subsidiary Books19. Reasons For Subsidiary Books20. Types of Subsidiary Books21. Preparation of Subsidiary Books22. Meaning of Double Entry23. Principles And Rules of Double Entry24. Application of The Rules With Ordinary Cash Book25. Double Column Cash Book With Emphasis On Contra-Entry26. Preparation of Double Column Cash Book27. The Three-Column Cash Book With Discounts Well Explained28. Preparation of Three-Column Cash Book29. The Ledgers – Meaning And Types30. Application To Double Entry Book Keeping From Cash Book31. Petty Cash Book: Meaning/Definition32. Advantages of Petty Cash Book33. Preparation of Petty Cash book34. Meaning of Trial Balance35. Rules of Trial Balance36. Uses of Trial Balance37. Uses of Trial Balance38. Trial Balance: Formation Layout39. Steps To Extract Balances From A Ledger Account40. Preparation of Trial Balance41. General Journal: Meaning And Definition42. Uses of The General Journal43. Advantages of A General Journal44. Errors In Accounting45. Errors That Affect The Trial Balance46. Errors That Do Not Affect The Trial Balance47. Correction of Errors And Preparation48. Meaning of Suspense Account49. Location And Correction of Errors50. Personal Account, Impersonal Account, And Real And Nominal Account51. Bank Reconciliation Statement: Meaning/Definition52. Bank Statement53. Interpretation of Bank Statements54. Adjustments of Cash Books55. Preparation of Bank Reconciliation56. Define Accounting Concept.57. The Accounting Concepts: Entity Concept, Going Concept & Money Measurement58. Trading Account: Meaning/Definition59. Terminologies Used In Trading Account60. Preparation of Trading Account61. Profit And Loss Account: Meaning/Definition62. Identification of Profit And Loss Account Items63. Preparation of Trading, Profit And Loss Account64. Determination of Net Profit And Loss65. Bad Debts And Provision For Bad Debts: Meaning66. Meaning of Pre- Payments And Accruals & Distinctions Between Pre-Payment And Accruals67. Adjustments In Profit And Loss Account68. Provision For Depreciation On Fixed Assets: Meaning And Calculation of Depreciation69. Balance Sheet: Meaning/Definition70. Distinction Between Assets And Liabilities71. Identification of Types of Assets And Liabilities72. Preparation of Balance Sheet73. Control Account: Definition74. Features of Control Account75. Uses of Control Account76. Control Account Terminologies77. Meaning of Depreciation78. Reasons For Charging Depreciation79. Methods of Calculating Depreciation80. Meaning of Depreciation Account81. Straight Line/Fixed Installment Method82. Depreciation Account: Diminishing or Reducing Balance Method: Meaning, Formula, And Preparation