Accounting
Mr. Tim Moake
Updated June 2010
Month
AugustSeptember
Standards (include state core numbers)
Standard 1: Students will acquire and
use accounting terminology and
professional attitude and skills
throughout the study of accounting.
Skills
Assessment
S1- Accounting terminology will be used in S1- Vocabulary and chapter quizzes and
our language in class as well as in the
tests.
business world. Students will recognize and
speak this language.
S2- Learn the accounting equation and how
it affects financial statements.
S2- Worksheets and test
S8- Learn to use excel in accounting
S8- Assignments will be completed using
Microsoft Excel.
Standard 2: Students will list and identify
characteristics of the three basic
accounting equation elements.
Standard 8: Students will acquire
automated accounting competency
Standard 3: Students will apply the
theory of debit and credit to the
accounting equation, define a business
transaction, and show how and why
accounts are increased and decreased.
S3 – Learn what debits and credit are and
how they relate to the accounting equation.
Prepare t-accounts.
S3 Worksheets/simulation and test
October
Standard 4: Students will identify and use
source documents for journalizing
transactions; students will post journal
S4 – Understand what a source document is S4 Worksheets/simulation and test
entries to a ledger.
and how to account for them. Journalize
transactions and prepare a ledger.
Standard 8: Students will acquire
automated accounting competency
S8- Learn to use excel in accounting
Standard 5: Students will prepare,
analyze and interpret Financial
Statements.
S5- Prepare an Income Statement, Balance
Sheet and Cash Flow Statement.
S8- Assignments will be completed using
Microsoft Excel.
S5 Worksheets/simulation and test
S6 Worksheets/simulation and test
November
S6- Prepare closing entries and Post Close
Standard 6: Students will prepare closing Trial Balance.
entries and a Post-Closing Trial Balance.
Standard 8: Students will acquire
automated accounting competency
Standard 7: Students will demonstrate
proper cash management.
December
Standard 8: Students will acquire
automated accounting competency
S8- Learn to use excel in accounting
S8- Assignments will be completed using
Microsoft Excel.
S7 Understand Cash Management, Balance S7 Worksheets and test
a Checkbook, Reconciling a Bank Statement
etc.
S8- Assignments will be completed using
Microsoft Excel.
S8- Learn to use excel in accounting
State Competency Test