To Be Completed
21st Century Instructional Guide for Career Technical Education
Accounting II
Business and Marketing Cluster
Accounting Concentration
Business Financial Management and Accounting Concentration
Title:
Accounting Principles II (WVEIS 1403)
Standard Number:
BE.S.ACP2.1
Essential
Questions:
Objective:
BE.O.ACP2.1.1
BE.O.ACP2.1.2
BE.O.ACP2.1.3
BE.O.ACP2.1.4
BE.O.ACP2.1.5
BE.O.ACP2.1.6
Accounting Procedures
Students will demonstrate accounting procedures.
Why is necessary to have procedures in the field of accounting?
Why do ethics play such an important role in the accounting field?
How could technology be integrated in the accounting field?
Students will
Learning Plan & Notes to Instructor:
use accounting terminology.
Vocabulary preview, word wall, crossword puzzle,
flash cards
understand and maintain ethical standards
Case studies, guest speakers
in the preparation of financial statements.
interpret characteristics of professional
Case studies, guest speakers
conduct.
use specialized accounting software, or
Use automated accounting, i.e., Excel, Quickbooks,
spreadsheets, to maintain accounting
Peachtree, Quicken
procedures.
demonstrate competence in the structure
Graphic organizer
and sequence of the accounting cycle
utilizing manual and automated systems.
analyze computer generated reports.
Balance sheet, Income Statement, Schedules,
Proving Cash
Standard Number:
BE.S.ACP2.2
Accounting Procedures for Assets, Liabilities, and Equity
Students will implement accounting procedures for assets, liabilities, and equity.
Essential
How does the accounting equation adapt to individuals and business?
Questions:
Why is it important for accountants to acquire critical thinking skills?
Objective Number: Objective:
Learning Plan & Notes to Instructor:
1
BE.O.ACP2.2.1
BE.O.ACP2.2.2
BE.O.ACP2.2.3
BE.O.ACP2.2.4
BE.O.ACP2.2.5
BE.O.ACP2.2.6
BE.O.ACP2.2.7
BE.O.ACP2.2.8
BE.O.ACP2.2.9
BE.O.ACP2.2.10
analyze cash and accounts receivable
transactions and record in appropriate
journals.
calculate inventories using various methods
and record in appropriate journals.
identify concepts and practices related to
accounting for plant assets.
calculate and record depreciation of plant
assets.
analyze plant and intangible asset
transactions and record in appropriate
journals.
analyze current liabilities transactions and
record in appropriate journals.
analyze long term liabilities transactions and
record in appropriate journals.
analyze investments and equity transactions
for various forms of business ownership and
record in appropriate journals.
generate financial and end-of-period
statements.
analyze and interpret financial statements.
BE.O.ACP2.2.11
update accounts through adjusting and
closing entries.
BE.O.ACP2.2.12
explain and record adjusting and reversing
entries for accrued revenue and expenses.
BE.O.ACP2.2.13
complete account procedures for prepaid
expenses and unearned revenue.
BE.O.ACP2.2.14
analyze, compute and record transactions
related to uncollectible accounts.
Proving cash, schedule of accounts receivable and
payable
FIFO, LIFO, Weighted-Average Cost Method
Original cost, salvage value, useful life
Straight-line, sum-of-the-years digits, doubledeclining balance
Intellectual property, i.e. copyrights, trademarks,
patents, brand name, and goodwill
Any liability requiring less than a year to satisfy.
Any liability requiring more than a year to satisfy.
Investments by owner(s), sale of stock, withdraw,
revenue, expenses in sole proprietorships,
partnerships, and corporations.
Graphic organizer, flow chart, guided practice
Guided practice, independent problems, case
studies
Guided practice
REID (Revenue, Expenses, Income Summary,
Drawing)
Guided practice
Need to account for what occurred in the fiscal year
to be recorded for that year.
To recognized accrual in its’ appropriate year.
Guided practice
REID (Revenue, Expenses, Income Summary,
Drawing)
Define and guided practice
2
BE.O.ACP2.2.15
BE.O.ACP2.2.16
Standard Number:
BE.O.ACP2.3
Essential
Questions:
Objective:
BE.O.ACP2.3.1
BE.O.ACP2.3.2
BE.O.ACP2.3.3
BE.O.ACP2.3.4
BE.O.ACP2.2.5
BE.O.ACP2.2.6
BE.O.ACP2.2.7
21st Century Skills
Information and
Communication
Skills:
manage the computations and recordings of Define and guided practice
transactions related to notes receivable and
notes payable.
understand the use of a cash flow
Examples, comparisons
statement.
Specialized Accounting Procedures
Students will utilize specialized accounting procedures.
How do accountants adjust procedures for various business structures?
Students will
determine the reasons for departmental or
branch accounting systems.
provide reasons for cost accounting
procedures.
examine accounting issues faced by
different types of industries such as
services, manufacturing, and distribution.
differentiate between the three basic types
of businesses (services, merchandising and
manufacturing).
explain the differences between sole
proprietorships, partnerships, and
corporations.
understand the accounting principles for
not-for-profit and government entities.
demonstrate an understanding between
personal and business taxation at various
levels.
Learning Plan & Notes to Instructor:
Define, show usefulness, analyze
Overhead, expense reduction
Local, national, global
Law of supply and demand
Case study, Internet research
Compare and contrast
Compare and contrast: formation, liquidation, profit
disbursement, taxation
Define
Formation, taxation
IRS.gov
Case study
1120
1040 Individual
Schedule C
Learning Skills & Technology Tools
Teaching Strategies
Culminating Activity
21C.O.9Student recognizes information Students use search
12.1.LS1
needed for problem solving,
engines to complete an
can efficiently browse, search
online search for tutorials,
and navigate online to access
information, problem
Evidence of
Success
Students will
incorporate
information in
completion of
3
21C.O.912.1.TT1
21C.O.912.1.TT10
Thinking and
Reasoning Skills:
21C.O.912.2.LS1
21C.O.912.2.LS2
relevant information, evaluates
information based on credibility,
social, economic, political
and/or ethical issues, and
presents findings clearly and
persuasively using a range of
technology tools and media.
Student makes informed
choices among available
advanced technology systems,
resources and services (e.g.,
global positioning software,
graphing calculators, personal
digital assistants, web casting,
online collaboration tools) for
completing curriculum
assignments and projects and
for managing and
communicating
personal/professional
information.
Student implements various
Internet search techniques
(e.g., Boolean searches, metasearches, web bots) to gather
information; student evaluates
the information for validity,
appropriateness, content, bias,
currency, and usefulness.
Student engages in a critical
thinking process that supports
synthesis and conducts
evaluation using complex
criteria.
Student draws conclusions
from a variety of data sources
solving, and research on
latest accounting issues.
Students use specialized
accounting software.
specialized
accounting reports
and problems.
Students
successfully
complete automated
problems.
Students
work
in
collaborative pairs, thinkpair-share for accounting
problems
and
case
studies.
Students use
specialized
accounting
software.
4
21C.O.912.2.LS3
21C.O.912.2.TT2
21C.O.912.2.TT4
Personal, and
Workplace, Skills:
21C.O.912.3.LS3
21C.O.912.3.LS5
to analyze and interpret
systems.
Student engages in a problem
solving process by formulating
questions and applying
complex strategies in order to
independently solve problems.
Student collaborates with
peers, experts and others to
contribute to a content-related
knowledge base by using
technology to compile,
synthesize, produce, and
disseminate information,
models, and other creative
works.
Student uses technology tools
and multiple media sources to
analyze a real-world problem,
design and implement a
process to assess the
information, and chart and
evaluate progress toward the
solution.
Student demonstrates
ownership of his/her learning
by setting goals, monitoring
and adjusting performance,
extending learning, using what
he/she has learned to adapt to
new situations, and displaying
perseverance and commitment
to continued learning.
Student exhibits positive
leadership through
Students prioritize,
demonstrate, and share
accounting tasks. Student
complete guided and
independent practice.
Students meet
deadlines with
successful
completion of
accounting tasks.
5
interpersonal and problemsolving skills that contribute to
achieving the goal. He/she
helps others stay focused,
distributes tasks and
responsibilities effectively, and
monitors group progress
toward the goal without
undermining the efforts of
others.
21C.O.912.3.LS6
21C.O.912.3.TT1
21C.O.912.3.TT3
Student maintains a strong
focus on the larger project goal
and frames appropriate
questions and planning
processes around goal. Prior to
beginning work, student reflects
upon possible courses of action
and their likely consequences;
sets objectives related to the
larger goal; and establishes
benchmarks for monitoring
progress. While working on the
project, student adjusts time
and resources to allow for
completion of a quality product.
Student protects software,
hardware and network
resources from viruses,
vandalism, and unauthorized
use and employs proper
techniques to access, use and
shut down technology
equipment.
Student evaluates current
trends in information
6
21C.O.912.3.TT4
21C.O.912.3.TT5
technology, discusses the
potential social, ethical,
political, and economic impact
of these technologies, and
analyzes the advantages and
disadvantages of widespread
use and reliance on technology
in the workplace and society.
Student adheres to acceptable
use policy and displays ethical
behaviors related to acceptable
use of information and
communication technology
(e.g., privacy, security,
copyright, file-sharing,
plagiarism); student predicts
the possible cost and effects of
unethical use of technology
(e.g., consumer fraud,
intrusion, spamming, virus
setting, hacking) on culture and
society; student identifies the
methodologies that individuals
and businesses can employ to
protect the integrity of
technology systems.
Student models ethical
behavior relating to security,
privacy, computer etiquette,
passwords and personal
information and demonstrates
an understanding of copyright
by citing sources of copyrighted
materials in papers, projects
and multi-media presentations.
Student advocates for legal and
7
ethical behaviors among peers,
family, and community
regarding the use of technology
and information.
21C.O.9Student evaluates and applies
12.3.TT6
technology tools for research,
information analysis, problem
solving, content learning,
decision making, and lifelong
learning.
21C.O.9Student uses technology to
12.3.TT8
seek strategies and information
to address limits in their own
knowledge.
Learning Skills & Technology Tools
Entrepreneurship
Skills:
B.01-.11, .17.28
C.01-.03, .05,
.09
D.21-.26,
I.01-.07, .13,
.21-.28
K.01-.07, .12
Understands the personal
traits/behaviors associated with
successful entrepreneurial
performance.
Understands fundamental
business concepts that affect
business decision making.
Understands concepts,
strategies, and systems
needed to interact effectively
with others.
Understands the financial
concepts and tools used in
making business decisions.
Understands the concepts,
systems, and tools needed to
access, process, maintain,
evaluate, and disseminate
information for business
decision-making.
Teaching Strategies
Culminating Activity
Students will process
leadership, personal
management,
communication, and
interpersonal skills as they
engage in collaborative
work, decision-making
processes.
Evidence of
Success
Students transfer the
skills to the
classroom.
8
O.0.13
Culminating
Assessment:
Understands the processes,
strategies, and systems
needed to guide the overall
business organization.
Culminating Assessment:
As an accounting student you need to be proficient with the accounting cycle. Proficiency is
evidenced by the completion of a reinforcement/mini practice simulations for a business. The
reinforcement simulation can be included as part of a portfolio or project demonstrating student
success within the course.
End-Of-Course Test
EDGE credit
Links and Other Resources
Related Websites:
Links and Other
Resources
Internal Revenue Service
www.irs.gov
South-Western Educational Publishing
www.swlearning.com
Glencoe
www.glencoeaccounting.glencoe.com
Pathways to Success
http://careertech.k12.wv.us/pathwaystosuccess/
U.S. Department of Labor in the 21st Century
http://www.dol.gov/
America's Career InfoNet
www.acinet.org
America's Job Bank
9
www.ajb.org
America's Service Locator
www.servicelocator.org
CareerOneStop
www.careeronestop.org
Employment & Training Administration
www.doleta.gov
The Job Accommodation Network (JAN)
http://www.jan.wvu.edu
Monthly Labor Review Online: Labor Force Archives
http://www.bls.gov/opub/mlr/indexL.htm#Labor force
Occupational Information Network
www.doleta.gov/programs/onet
Office of Disability Employment Policy
www.dol.gov/odep
Career Voyages
http://www.careervoyages.gov/index.cfm
Workforce West Virginia
https://www.workforcewv.org/
West Virginia Earn A Degree Graduate Early (EDGE)
http://www.wvtechprep.wvnet.edu/edge.htm
West Virginia Career and Technical Education
http://careertech.k12.wv.us/
Contacts:
10
Contacts:
CTE Teachers: See CTE Directory
Cluster Coordinator: Abigail R. Reynolds, areynold@access.k12.wv.us
OCTI Assistant Executive Director and EOCTST Coordinator: Donna Burge-Tetrick
OCTI Executive Director: Gene Coulson
11