Norwood Public Schools
Curriculum Overview
Accounting 2 Honors 534
Description:
Accounting 2 is a continuation of Accounting 1. Students will complete accounting for a Payroll
cycle and move into the end of fiscal period activities for a corporation including creating a
work sheet and financial statements. Students will use these financial statements to analyze
each example company’s performance, using historical data and percentage comparisons.
Student will them relearn the material from chapters 1-16 using the QuickBooks commercial
accounting software. Students finish off the year with a term-long accounting simulation where
each student becomes the accountant for Zenith Global Imports and is responsible for all of the
company’s financial data. This simulation incorporates and reinforces everything the students
have learned to date.
Learning Experiences:
Students will experience learning through many formats in addition to routine classroom
experiences including a hands on simulation for the honors level. The variety of technology
utilized includes the use of the ENO Board in conjunction with software programs such as
Easiteach, Excel and QuickBooks.
Course Content:
Chapter 13: Payroll Accounting, Taxes, and Reports
Chapter 14: Distributing Dividends and Preparing a Work Sheet for a Merchandising Company
Chapter 15: Financial Statements for a Corporation
Chapter 16: Recording Adjusting and Closing Entries
Chapter 1-16: QuickBooks
Manual Simulation: Zenith Global Imports
Note: The course has been aligned to satisfy the requirements of the National Business
Education Association Standards. There are no state specific standards. The curriculum map
indicates the general timeline and sequencing.
Resources Used:
Century 21 South-Western, Accounting 8E General Journal, 2006, ISBN: 0-538-97255-6
Century 21 South-Western, Accounting 8E GJ- Working Papers, 2006, ISBN: 0-538-97261-0
Century 21 South-Western, Accounting 8E GJ- Zenith Global Imports, 2006, ISBN: 0-538-97288-2
QuickBooks
Several accounting based software programs and websites