BAF3M
Unit 1 - Basic Accounting Concepts
Chapter 1 - Business & Accounting Introduction
0.1 Discussion & Activity - What is a Business?
1.1 Presentation - Business Basics
1.2 Discussion & Activity - Forms of Ownership
Chapter 1 Mini Quiz
1.3 Note - What is Accounting?
1.4 Presentation - GAAPs
1.5 Video - Review
1.6 Jeopardy - Review
Unit 2 - Internal Controls & Technology
Chapter 2 - Internal Controls
2.1 Activity - Brainstorming Fraud Risks (Summary)
HW: Identify 5 ways to prevent 5 frauds from today's activity
2.1 Discussion - Brainstorming Controls
2.2 Reading - Introduction to Fraud
2.3 Presentation - Internal Controls Framework
2.4 Case Study - Cass's Coffee: Risks & Controls
2.5 Reading - Pages 529-535: Cash Control
2.6 Worksheet - Basic Elements of Control Systems
2.7 Example - Flex Budgets
2.7.1 Worksheet - Flex Budget Explanation
2.7.2 Worksheet - Flex Budget Practice (in class HW)
2.8 Video - What is Audit?
2.8.1 Reading - Auditing Basics
2.8.2 Video - Internal vs External Auditing
2.8.3 Video - Audit Engagement
Chapter 2 Review - Kahoot
Chapter 3 - Technology
3.1 Reading - Technology in Accounting
3.2 Poster - Accounting Technology through the Ages
3.3 Discussion - Major impacts of Technology (Summary)
3.4 Reading - More Tech impact on accounting
3.5 Presentation - Categorizing the impacts of technology
3.5.1 Technology Debate
3.6 Summary - Technology in Accounting
3.7 Worksheet - Internal Controls Review
Unit 3 - Detailed Accounting Practices
In unit 3, there is regular HW after nearly every lesson, so it will not be listed on the calendar (to reduce clutter).
Chapter 4 - Balance Sheet
4.1 Presentation - Balance Sheets (HW pt 2 Solutions)
4.2 Worksheet - Transaction Analysis Sheets (In-class practice)
HW: p21 #9, 11, 12, 14
4.3 Presentation - T-Accounts (In-class Practice)
HW solutions
4.4 Practice Recap - T-accounts & Balance Sheets (Solutions)
4.5 Presentation - Trial Balance (In-class Practice)
Ch 4 Review:
p30, Cases 3-5
p58 Ex 12, 13
p63 Case 4
Chapter 5 - Income Statement
5.1 Presentation - Income Statements (In-Class practice)
5.2 Lesson - Recording Revenue & Expense Transactions (In-Class practice)
5.3 Lesson - Owner's Equity (Net Income & Drawings)
5.4 Reading & Discussion - Textbook p86-89
HW: p90 Q 17, Ex 10, 11
Ch 5 Review:
Complete any previously incomplete HW from Ch 4 & 5
p 95 Ex 16, 17
p104 Case 2 & 3
Redo p91 Ex 9, including a Balance Sheet & Income Statement
Chapter 6 - Completing the Accounting Cycle for a Service Business
6.1 Presentation - Journal Entries & Posting to the Ledger (In-Class Practice)
6.2 Activity & Reading - Source Documents: TB p134-142
6.3 Reading - Opening The Books: TB p121-124
HW: p133 Ex 8, 9
6.4 Note - Classified Balance Sheet & 6-Column Worksheet
6.5 Presentation - Adjusting Entries
Tues: Part 1 (Prepaids) - HW Solutions
Wed: Part 2 (Depreciation) - HW Solutions
6.6 Presentation - 10-Column Work Sheet (In-Class Practice)
6.7 Presentation - Closing Entries (In-Class Practice)
Chapter 6 Review:
(always use a 10-column worksheet, instead of 6- or 8-column)
Full Cycle: p256 #17, 18
Solutions: #17 Solution and #18 Solution
Extra Review:
Thinking/Problem Solving: p265 Case 3
Worksheet & Adjustments: p233 Ex 7, 9
FS, adjustments, closing: p254 Ex 14
Chapter 7 - Completing the Accounting Cycle for a Merchandising Business
7.1 Presentation - Intro to Merchandising Businesses - HW Solutions
7.2 Presentation - Perpetual vs Periodic Inventory - HW Solutions
7.3 Presentation - Sales Taxes (HST) - HW Solutions
**Note that this section of the textbook is out of date**
7.4 Presentation (2 days) - More Adjusting Entries
HW Parts 1 & 2 - Solutions
HW Part 3 - Solutions to come - Solutions
7.5 Recap - Formal Financial Statements (including all adjustments)
7.6 Reading - Bank Reconciliations TB p556-558.
HW: p559 Questions #29-33
7.7 Worksheet - Summary & Review (In-Class Practice)
Review: p612 Ex 17, 18, 21 (ignore all inventory-related adjustments)
Chapter 8 - Computer Accounting
8.1 Exercise - Excel Basics (Solution)
8.2 Exercise - Depreciation Schedule
8.3 Instructions - Comparative IS (Solution)
8.4 Guidelines - Data Manipulation
Download me: Raw Data File
Unit 3 Review
Checklist - Steps in the Accounting Cycle
Review Example - Part 1 (September Question)
Review Example - Complete (September & October & Solution)
Unit 4 - Financial Analysis & Decision Making
Chapter 9 - Financial Analysis & Decision Making
9.1 Discussion & Recap - Users & Uses of Financial Information (Summary)
9.2 Presentation - Financial Analysis Basics
9.3 Activity - Ratio Analysis
9.4 Practice & Discussion - Financial Ratio Calculations
9.5 Project - Financial Analysis
Unit 5 - Careers & Ethics
Chapter 10 - Careers & Ethics
10.1 Discussion - Why Study Accounting? (Summary)
Video: 10 reasons for an accounting degree
Video: Why Study Accounting
10.2 Article - 10 reasons to explore a career in accounting
Video: Difference between Finance and Accounting
10.3 Introduction to CPA Designation (Chartered Professional Accountant)
10.4 Explore University Accounting Degrees
Carleton U vs Ottawa U
10.5 Project - Careers in Accounting
10.6 Guest Speaker - Rhonda Kelly, Carleton University, Sprott School of Business
10.7 Presentation - Ethics Framework
10.8 Case Study - Addiction By Design
10.10 Activity - Case Analysis & Skits
10.11 Video - Dirty Money
Exam
Time: Wed June 19th, 8:30-11:30am
Location: room 55
Resources
Textbook:
Prentice Hall Principles of Accounting, D'Amico (3rd Ed.)
Curriculum:
Ministry of Ontario Business Curriculum (grades 11-12)
Accounting Paper:
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2 Column Ledger Paper
(Can use for Journal, TB, or IS) -
3 Column Ledger Paper
(Can use for Balance Sheet) -
NEW: General Ledger Template (multiple ledgers/page)
Electronic File Submission requirements:
When emailing work to Mrs. Aly, please use one of the following formats:
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Share a GoogleDoc, Google Presentation, or Google Spreadsheet
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Send a Microsoft Word (.doc), Microsoft Powerpoint (.ppt), or Microsoft Excel (.xls) file
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Send a PDF file (.pdf)
Interesting Links
Business at University of Ottawa
Business at Carleton University
Business at Algonquin College