Accounting 2010
Sample work program
Accounting 2010
Sample work program
Compiled by the Queensland Curriculum and Assessment Authority July 2014
This work program is reproduced with the permission of Trinity Lutheran College.
A work program is the school’s plan of a course of study based on the relevant syllabus. Work programs allow for the characteristics of a school and its students to be considered when implementing the syllabus. School work programs must demonstrate that syllabus dimensions and objectives inform student learning.
Work programs provide information about the school’s plan for course organisation, an outline of intended student learning and the assessment plan as outlined in the work program requirements for that syllabus.
Course organisation and assessment plan
Sem Hours Section Code
Area of Study Inst
no.
Technique Conditions F/S1 KPP2 IE3 APP4
1 28 CS1 Core Studies 1 1 Practical assessment Supervised; 70–90 mins F
*
27 CS2 Core Studies 2 2 Supervised written Practical assessment
Supervised; 90–120 mins; unseen short response task
* *
55
2 18 ES5 Accounting for Non-current Assets 3 Supervised written 90–120 mins F *
18 CS4 Budgeting (spreadsheeting) 4 Extended Response Practical assessment
Unsupervised; 2 weeks; 600–1000 words
* *
19 ES8 Accrual Accounting 5 Practical assessment Supervised; 90–120 mins
*
55
3 13 ES2 Accounting for Cash 6 Supervised written Practical assessment Supervised; 90–120 mins S * *
21 ES11 Cash Flow Statements 21 ES9 Analysis of Financial Reports
(spreadsheeting)
7 Supervised written Practical assessment
Supervised; 90–120 mins; Extended written response; min 600 words
* *
55
4 10 ES6 Internal Controls 8 Extended response Unsupervised; 2 weeks; 800–1200 words
S *
26 CS3 Integrated Accounting Package 9 Practical assessment Supervised; 3 x 50 mins * Verification
Accounting — student profile
Student’s Name: Teacher’s Name:
Sem Inst.
Section
Code Area of Study F/S KPP IE APP LOA
1 1 CS1 Core Studies 1 F or mat iv e 2 CS2 Core Studies 2
Semester One Internal Results
2
3 ES5 Accounting for Non-Current Assets F or mat iv e 4 CS4 Budgeting 5 ES8 Accrual Accounting
Semester Two Internal Results Monitoring
3
6 ES2 ES11
Accounting for Cash Cash Flow Statement
S
um
mat
iv
e
7 ES9 Analysis of Financial Reports
Semester Three Internal Results
4
8 ES6 Internal Controls
S
um
mat
iv
e
9 CS3 Integrated Accounting Package
Verification 10 ES1 School-developed Investigation S um mat iv e
Outline of intended student learning
Year: 12
Semester: 4
Hours: 19 hours
Area of study: ES1 School-developed Investigation (Accounting for Partnerships)
Dimension: Knowledge and Procedural Practices
Assessment
technique: Supervised written
Specific Objectives/Subject Matter
Learning Experiences
Knowledge and Procedural Practices
Students should be able to:
• Identify, describe and explain:
− The nature of Partnerships
− The implications and ramifications of the Partnership Act
− How partnerships are formed
− The legal definition of a partnership
− The number of partners in a partnership
− The implications of the Act over the Partnership Agreement
• Apply fundamental accounting concepts to:
− Calculate goodwill
− Record changes in ownership of a partnership
− Prepare final accounts and reports for a partnership
− Distribute profit or loss through the Profit and Loss Appropriation account
• Select and organise data to:
− Prepare Income Statement and Balance Sheet extracts for a new partnership
• Inviting guest speakers from local partnerships
• Activity — debating the need for a partnership agreement
• Discuss why groups of people would join a partnership
• Guided practice — prepare journal exercises to show the formation of partnerships by different methods
• Guided practice — prepare balance sheets to show the formation of new partnerships
• Activity — calculate a new goodwill figure both by using and not using the account in the balance sheet
• Activity — calculating the new revaluation of assets taken over by the partnership
• Activity — use the Appropriation account to distribute profit and losses to partners
• Activity — interpreting partners’ current accounts to determine what drawings have been made
• Guided practice — calculation of the new profit-sharing ratios when there is a change in ownership
• Guided practice — using the Capital Adjustment account to record any necessary adjustments to the capital of existing partners when the ownership changes, including
− Adjusting the accounting records
− Admitting a new partner
− Adjusting bad debts and provision for doubtful debts
Outline of intended student learning
Year: 12
Semester: 4
Hours: 26 hours
Area of study: CS3 Integrated Accounting Package
Dimension: Applied Practical Processes
Assessment
technique: Practical Assessment (supervised)
Specific Objectives/Subject Matter
Learning Experiences
Applied Practical Processes
Students should be able to:
• Solve complex accounting problems using an accounting package to:
− Analyse and select the appropriate manner to record a variety of financial transactions
− Record the complete accounting process for a sole trader, including GST, perpetual inventories and the concept of subsidiary ledgers and control accounts for accounts receivable and accounts payable
− Record balance day adjustments at the end of the accounting period
− Record the necessary bank reconciliation procedures
− Record the rollover to a new accounting period including reversing entries
• Apply complex concepts and related reasoning and skills to organise, process and report the following accounting information:
− Bank Reconciliation Statement
− Transactions log
− Trial Balance
− Inventory reports
− Accounts Receivable & Accounts Payable reports
− Income Statement
− Balance Sheet
• Discussion of the differences between manual accounting and computerised accounting using an accounting package
• Using computers and the internet
• Guided practice through an exploration of MYOB
software capabilities to cater for the following transactions or actions for a trading entities:
− Creating a new business
− The command centre
− Changing account lists
− Entering current balances
− Cash receipts
− Cash payments
− Deleting transactions
− Reversing transactions
− Cash and credit purchase of inventories
− Cash and credit sale of inventories
− Cash paid to suppliers
− Cash received from customers
− Drawings
− Bank Reconciliation
− Cash and credit purchase returns
− Writing off bad debts
− Bad debts recovered
− Balance day adjustments
− End of period rollover
− Reversing entries
