Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Payroll Accounting
Standards
Essential Questions Assessments
15.1.12. D-Accounting
What are the laws that
Mid Unit Test
Fundamentals ~ Analyze,
influence payroll
9/26/2014
journalize, and post
deductions and reporting?
transactions to general &
subsidiary ledgers.
What are the different
15.1.12. E-Accounting
work schedules?
Fundamentals ~ Perform
accounting functions using
How are wages
technology as a tool.
calculated?
15.1.12. L-Accounting
Fundamentals ~ Describe and What is a taxable wage
explain the criteria used to
base?
determine expenses and
journalize the expense
What are the different
transactions.
methods of withholding
15.1.12. M-Accounting
taxes?
Fundamentals ~ Analyze and
calculate gross pay and net pay, What forms are related to
including regular and overtime payroll?
wages, commission, and piece
rate.
What taxes are employers
15.1.12. Y-Compliance ~
responsible to pay?
Determine and calculate
taxable income and tax liability How are payroll entries
for both personal and business journalized?
taxes.
Skills
Content
Lessons
Resources
state to laws influencing
payroll regulations.
Determining Payroll Laws
Laws of Payroll
Textbook
Determining Payroll Tax Wages Work Schedules
identify the different work
schedules in the workplace.
Preparing Payroll Records
calculate wages.
Journalizing Payroll Entries
calculate payroll taxes.
Determining Employer Payroll
Taxes
complete a payroll register
and an employee earnings
records.
Journalizing Employer Payroll
Taxes
Notes
Calculating Wages
Handouts
Withholding Taxes
Computer
Payroll Forms
Employer Taxes
Journalize Payroll
identify accounting concepts Prepare Withholding and Payroll
Taxes Reports
and practices related to
payroll accounting, taxes and
reports.
Paying Withholding and Payroll
Taxes
analyze payroll transactions
and journalize payroll.
record employer payroll
taxes.
prepare payroll reports.
explain when payroll forms
are reported.
pay and record withholding
and payroll taxes.
Page | 1
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Payroll Accounting
Standards
15.1.12. D-Accounting
Fundamentals ~ Analyze,
journalize, and post transactions
to general & subsidiary ledgers.
15.1.12. E-Accounting
Fundamentals ~ Perform
accounting functions using
technology as a tool.
15.1.12. L-Accounting
Fundamentals ~ Describe and
explain the criteria used to
determine expenses and
journalize the expense
transactions.
15.1.12. M-Accounting
Fundamentals ~ Analyze and
calculate gross pay and net pay,
including regular and overtime
wages, commission, and piece
rate.
15.1.12. Y-Compliance ~
Determine and calculate taxable
income and tax liability for both
personal and business taxes.
Essential
Questions
What are the laws that
influence payroll
deductions and
reporting?
What are the different
work schedules?
Assessments
Skills
Content
Lessons
Resources
Unit Test
10/31/2014
State to laws influencing
payroll regulations.
Determining Payroll Laws
Laws of Payroll
Textbook
Determining Payroll Tax Wages
Work Schedules
Notes
identify the different work
schedules in the workplace.
Preparing Payroll Records
calculate wages.
Journalizing Payroll Entries
How are wages
calculated?
calculate payroll taxes.
Determining Employer Payroll
Taxes
What is a taxable wage
base?
complete a payroll register
and an employee earnings
records.
What are the different
methods of withholding
taxes?
What forms are related
to payroll?
What taxes are
employers responsible to
pay?
How are payroll entries
journalized?
Journalizing Employer Payroll
Taxes
Handouts
Calculating Wages
Computer
Withholding Taxes
Payroll Forms
Employer Taxes
Journalize Payroll
identify accounting concepts Prepare Withholding and Payroll
Taxes Reports
and practices related to
payroll accounting, taxes and
reports.
Paying Withholding and Payroll
Taxes
analyze payroll transactions
and journalize payroll.
record employer payroll
taxes.
prepare payroll reports.
explain when payroll forms
are reported.
pay and record withholding
and payroll taxes.
Page | 2
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Advanced Accounting
Standards
Essential Questions
Assessments Skills
15.1.12. E-Accounting
How are long term assets
Mid Unit Test
Fundamentals ~ Perform
recorded when disposed,
11/21/2014
accounting functions using
traded, or sold?
technology as a tool.
15.1.12. G-Accounting
What methods are used to
Fundamentals ~ Analyze and
calculate long term assets
journalize transactions involving valuation?
short- and long-term liabilities.
15.1.12. H-Accounting
How is merchandise valued?
Fundamentals ~ Identify,
calculate, and record
How does inventory valuation
depreciation, depletion and
affect financial statements?
amortization; explain their
effect on the financial
What is unearned revenue?
statements.
15.1.12. J-Accounting
How is unearned revenue
Fundamentals ~ Analyze the
journalized?
various methods for maintaining
and valuing inventory (FIFO,
LIFO, etc.) and describe their
effect on financial statements.
identify accounting
concepts and practices
related to planning and
costing inventory.
determine cost of
merchandise inventory
Content
Lessons
Resources
Selling, trading and
buying plant assets
Long Term Assets
Utilization
Textbook
Depreciation Methods
Notes
Inventory Estimation and
Valuation
Handouts
Inventory record
Inventory costing
identify accounting
concepts and practices
Unearned Revenue
related to accounting for
plant assets' depreciation.
Liabilities - Current and
Contingent
Computer
journalize the selling,
trading, and disposing of
plant assets.
calculate depreciation of
long term assets.
journalize long term
liabilities
Page | 3
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Advanced Accounting
Standards
Essential Questions Assessments
15.1.12. E-Accounting
How are long term assets Unit Test 12/22/2014
Fundamentals ~ Perform recorded when disposed,
accounting functions
traded, or sold?
using technology as a tool.
15.1.12. G-Accounting
What methods are used
Fundamentals ~ Analyze to calculate long term
and journalize
assets valuation?
transactions involving
short- and long-term
How is merchandise
liabilities.
valued?
15.1.12. H-Accounting
Fundamentals ~ Identify, How does inventory
calculate, and record
valuation affect financial
depreciation, depletion statements?
and amortization; explain
their effect on the
What is unearned
financial statements.
revenue?
15.1.12. J-Accounting
Fundamentals ~ Analyze How is unearned revenue
the various methods for journalized?
maintaining and valuing
inventory (FIFO, LIFO,
etc.) and describe their
effect on financial
statements.
Skills
Content
identify accounting
concepts and practices
related to planning and
costing inventory.
Selling, trading and buying Long Term Assets
plant assets
Utilization
determine cost of
merchandise inventory
Depreciation Methods
Inventory record
Inventory costing
identify accounting
concepts and practices
Unearned Revenue
related to accounting for
plant assets' depreciation.
Lessons
Resources
Textbook
Notes
Inventory Estimation and
Valuation
Handouts
Liabilities - Current and
Contingent
Computer
journalize the selling,
trading, and disposing of
plant assets.
calculate depreciation of
long term assets.
journalize long term
liabilities
Page | 4
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Tax Accounting
Standards
Essential Questions
Assessments
15.1.12. E-Accounting
What are personal
W-2 Test 1/16/2015
Fundamentals ~ Perform exemptions?
accounting functions
using technology as a tool. What income is included and
15.1.12. Y-Compliance ~ excluded as taxable wages?
Determine and calculate
taxable income and tax What is filing status?
liability for both personal
and business taxes.
What is a W-2?
15.6.12. E-Personal
Finance Responsibility ~ What deductions are allowed?
Assess the purpose,
source, and impact of
Should a 1040EZ or 1040 be
various taxes.
filed?
Skills
Content
Lessons
calculate personal exemptions
Determine allowable
personal exemptions
Personal Exemptions Textbook
Withholding Taxes
Notes
W-2
Handouts
Gross Income
Inclusions/Exclusions Computer
calculate income inclusions
Prepare 1040EZ
calculate income exclusions
Resources
Prepare 1040
determine the appropriate filing
status
Prepare Schedule A, B, and
D
Tax Forms
complete W-2
calculate allowable deductions
complete 1040EZ
complete 1040
Tax Accounting
Standards
Essential Questions
Assessments
15.1.12. E-Accounting
What are personal
1040EZ Test
Fundamentals ~ Perform exemptions?
2/20/2015
accounting functions
using technology as a tool. What income is included and
15.1.12. Y-Compliance ~ excluded as taxable wages?
Determine and calculate
taxable income and tax What is filing status?
liability for both personal
and business taxes.
What is a W-2?
15.6.12. E-Personal
Finance Responsibility ~ What deductions are allowed?
Assess the purpose,
source, and impact of
Should a 1040EZ or 1040 be
various taxes.
filed?
Skills
Content
Lessons
calculate personal exemptions
Determine allowable
personal exemptions
Personal Exemptions Textbook
calculate income inclusions
Resources
Withholding Taxes
Notes
W-2
Handouts
Prepare 1040EZ
calculate income exclusions
Prepare 1040
determine the appropriate filing
Gross Income
Computer
status
Prepare Schedule A, B, and Inclusions/Exclusions
D
complete W-2
Tax Forms
calculate allowable deductions
complete 1040EZ
complete 1040
Page | 5
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Tax Accounting
Standards
15.1.12. E-Accounting
Fundamentals ~ Perform
accounting functions using
technology as a tool.
15.1.12. Y-Compliance ~
Determine and calculate taxable
income and tax liability for both
personal and business taxes.
15.6.12. E-Personal Finance
Responsibility ~ Assess the
purpose, source, and impact of
various taxes.
Essential
Questions
What are personal
exemptions?
Assessments
Skills
1040 Test 3/3/2015 calculate personal exemptions
What income is included
and excluded as taxable
wages?
Content
Lessons
Resources
Textbook
calculate income inclusions
Determine
Personal Exemptions
allowable personal
exemptions
Withholding Taxes
calculate income exclusions
Prepare 1040EZ
W-2
Handouts
determine the appropriate filing status
Prepare 1040
Gross Income
Inclusions/Exclusions
Computer
complete W-2
Prepare Schedule A,
B, and D
Tax Forms
What is filing status?
What is a W-2?
Notes
calculate allowable deductions
What deductions are
allowed?
complete 1040EZ
Should a 1040EZ or 1040
be filed?
complete 1040
Cost Accounting
Standards
15.1.12. D-Accounting
Fundamentals ~ Analyze,
journalize, and post transactions
to general & subsidiary ledgers.
15.1.12. E-Accounting
Fundamentals ~ Perform
accounting functions using
technology as a tool.
15.1.12. F-Accounting
Fundamentals ~ Analyze and
journalize transactions for shortand long-term assets.
15.1.12. J-Accounting
Fundamentals ~ Analyze the
Essential
Questions
Assessments
What is cost accounting? Mid Unit Test
4/24/2015
What is Manufacturing
Overhead?
How are cost operations
recorded?
What are the three
inventory costing
methods and how to you
calculate them?
Skills
Content
Lessons
Resources
learn how to record manufacturing costs..
Type of cost
systems
Manufactured Costs
Classified
Textbook
End of Period
statements
Notes
Cost Accounting Financial
Statements
Handouts
learn to prepare schedules to verify balances.
learn how to present inventory on the
balance sheet.
Material purchasing Cost Materials Purchased Computer
learn how to journalize inventory at lower of procedures
cost or market.
Materials Requisitioned
Inventory costing
methods
Issue Materials to Job
learn how to journalize weekly and
Site
semimonthly payroll.
Applying the rule of
cost or market,
Page | 6
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
various methods for maintaining Why is manufacturing
and valuing inventory (FIFO,
overhead applied to jobs
LIFO, etc.) and describe their
as the work completed?
effect on financial statements.
15.1.12. M-Accounting
How do you prorate
Fundamentals ~ Analyze and
service department
calculate gross pay and net pay, costs?
including regular and overtime
wages, commission, and piece What are the formulas to
rate.
calculate overhead
15.1.12. N-Framework for
rates?
Financial Reporting ~ Explain
how the different forms of
What is over applied and
business ownership and business under applied
operations are reported on
manufacturing
financial statements.
overhead?
How is over applied or
under applied overhead
presented on the Income
Statement and Balance
Sheet?
learn how to record manufacturing overhead whichever is lower.
costs.
Achieve control of
learn how to select an allocation basis
manufacturing
overhead costs by
learn how to complete monthly departmental allocating to
overhead analysis sheets.
departments
learn how to prorate service department
costs.
learn how to calculate departmental
overhead rates.
Overhead rates
Overhead
application to
specific jobs
Check and Balances of
Materials
Inventory Methods
Total Payroll
Prorate Non-Production
Departments
Manufacturing Overhead
Finished Goods
learn how to apply manufacturing overhead. Apply and closing of Completing the Cost
Cycle
Manufacturing
learn how to prepare prorating worksheets. Overhead
Accounting for Lost
learn how to complete a job cost sheet.
Complete the cost Materials
cycle
learn how to record applied manufacturing
overhead and to close it into over applied or
under applied.
prepare how over applied and under applied
overhead are presented on the income
statement and balance sheet.
Page | 7
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Cost Accounting
Standards
Essential
Questions
Assessments Skills
15.1.12. D-Accounting What is cost accounting? Unit Test
Fundamentals ~ Analyze,
5/29/2015
journalize, and post
What is Manufacturing
transactions to general & Overhead?
subsidiary ledgers.
15.1.12. E-Accounting
How are cost operations
Fundamentals ~ Perform recorded?
accounting functions
using technology as a
What are the three
tool.
inventory costing
15.1.12. F-Accounting
methods and how to you
Fundamentals ~ Analyze calculate them?
and journalize
transactions for short- Why is manufacturing
and long-term assets.
overhead applied to jobs
15.1.12. J-Accounting
as the work completed?
Fundamentals ~ Analyze
the various methods for How do you prorate
maintaining and valuing service department
inventory (FIFO, LIFO,
costs?
etc.) and describe their
effect on financial
What are the formulas
statements.
to calculate overhead
15.1.12. M-Accounting rates?
Fundamentals ~ Analyze
and calculate gross pay
What is over applied and
and net pay, including
under applied
regular and overtime
manufacturing
wages, commission, and
overhead?
piece rate.
15.1.12. N-Framework
How is over applied or
for Financial Reporting ~
under applied overhead
Explain how the different
presented on the Income
forms of business
Statement and Balance
ownership and business
Sheet?
operations are reported
on financial statements
Content
Lessons
Learn how to record manufacturing costs.
Type of cost systems
learn to prepare schedules to verify balances.
End of Period
statements
Manufactured Costs Textbook
Classified
Notes
Cost Accounting
Financial Statements Handouts
learn how to present inventory on the balance sheet.
Material purchasing
learn how to journalize inventory at lower of cost or procedures
market.
Inventory costing
methods
learn how to journalize weekly and semimonthly
payroll.
learn how to record manufacturing overhead costs.
learn how to select an allocation basis
learn how to complete monthly departmental
overhead analysis sheets.
learn how to prorate service department costs.
learn how to calculate departmental overhead rates.
learn how to apply manufacturing overhead.
learn how to prepare prorating worksheets.
learn how to complete a job cost sheet.
Applying the rule of
cost or market,
whichever is lower.
Achieve control of
manufacturing
overhead costs by
allocating to
departments
Computer
Materials
Requisitioned
Issue Materials to Job
Site
Check and Balances
of Materials
Inventory Methods
Total Payroll
Overhead rates
Prorate NonOverhead application to Production
Departments
specific jobs
Apply and closing of
Manufacturing
Overhead
learn how to record applied manufacturing overhead
Complete the cost cycle
and to close it into over applied or under applied.
prepare how over applied and under applied
overhead are presented on the income statement
and balance sheet.
Cost Materials
Purchased
Resources
Manufacturing
Overhead
Finished Goods
Completing the Cost
Cycle
Accounting for Lost
Materials
Page | 8
Teacher: CORE Accounting III
Year: 2014-15
Course: Accounting III
Month: All Months
Page | 9