Cardinal Leger Secondary School Business and Technology Department Course Name: Course Code: Level: Teacher: Accounting Essentials BAI 3E1 Ministry Guidelines: Business Studies, 2006 Grade 11, Workplace Preparation Room: Course Overview: This course introduces students to the accounting cycle of a service business. Students will use computer applications to record business transactions and to prepare financial statements. Students will also investigate banking and cash management, decision making, ethical behavior, and career opportunities in the field of accounting. Curriculum Strands and Overall Expectations: Fundamentals of Accounting for Business Describe the nature of accounting and explain its importance in managing a business Analyse the different types of business ownership; Describe the differences among various sources of financing available to businesses.; . Internal Control, Banking, and Computerized Accounting Demonstrate an understanding of proper internal control; Apply the recording and reporting procedures for banking and cash management; Use accounting or application software to complete the accounting cycle for a business. Decision Making, Ethics, and Careers Describe how accounting information is used to help in decision making; Explain the importance of ethics in accounting and in business in general; Demonstrate an understanding of career opportunities in accounting. Page 1 of 2 Cardinal Leger Secondary School Business and Technology Department Evaluation: Students will be assessed & evaluated according to the work produced & skills displayed. Methods of providing feedback may include assessing work in process & evaluating completed assignments, quizzes, tests, co-operative learning activities, investigations, and presentations. Term Work 70% Knowledge and Understanding 20% Thinking 25% Communication 20% Application 35% Final Assessment 30% Formal Examination 20% Culminating Task 10% Course Total 100% Learning Skills and Work Habits Responsibility Organization Independent Work Collaboration Initiative Self-Regulation E= Excellent G=Good S=Satisfactory N= Needs Improvement Fulfills responsibility and commitments. Takes responsibility for and manages own behavior. Devises and follows a plan and process for completing tasks. Establishes priorities and manages time Independently monitors, assesses, and revises plans to complete tasks and meet goals. Uses class time to complete tasks. Accepts various roles and an equitable share of work in a group. Builds healthy peer-to-peer relationships. Looks for and acts on new ideas and opportunities. Approaches new tasks with a positive attitude. Sets own goals and monitors progress towards achieving them. Seeks clarification or assistance when needed. Missed/Late/Incomplete Assignments It is the student’s responsibility to address missed, late, or incomplete assignments. Students are expected to complete assignments and to adhere to assignment deadlines as follows: Due Date A due date is set by the teacher. 10% Penalty Zone Closure Date 1 school day late – 3% 2 school days late – 6% 3 school days late – 10% Maximum penalty of 10% Once the closure date has passed, work is considered incomplete and a mark of zero applies. Parent Signature: _______________________ Student Signature: ______________________ Page 2 of 2