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Generally Accepted Accounting Principles - Excel

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Generally Accepted Accounting Principles document sample

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									                                                    The Accounting Profession
 A        BCS-PAI-1. Students will evaluate the role that accountants play in business and society.aExplain the regulatory
          environment of the accounting profession.b.Explain the significance of the securities and Exchange Acts of 1933 and 1934
 S
          in relation to the accounting profession.c.Describe how current issues and developments impact the accounting
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          profession.d.Explain the need for a code of ethics in accounting and the ethical responsibilities required of
  I       accountants.e.Explain how accounting information is used in the business and personal decision-making process to allocate
  G       resources.
          BCS-PAI-2. Students will describe career opportunities in the accounting profession.a.Identify professional accounting
 N
          organizations and associations.b.Identify the state and national educational and licensing requirements, including the CPA
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          exam, for careers in the accounting profession.c.Describe the skills and competencies needed to be successful in the
  E       accounting profession.d.Describe the areas of specialization within the accounting profession (i.e., financial accounting,
 N        management accounting, auditing) and careers that require knowledge of accounting.BCS-PAI-3. Students will demonstrate
 T        the skills and competencies required to be successful in the accounting profession and in an accounting-related

 S        career.a.Demonstrate ethical decision-making and conduct in a business scenario related to accounting.b.Use information
          technology productively in an accounting application.c.Demonstrate the ability to work within a team concept.

          ACADEMIC STANDARDS:ELA10RC3. The student acquires new vocabulary in each content area and uses it
          correctly.ELA10C1. The student demonstrates understanding and control of the rules of the English language, realizing
          that usage involves the appropriate application of conventions and grammar in both written and spoken
          formats.ELA10SLV1. The student participates in student-to-teacher, student-to-student, and group verbal
          interactions.SSEPF6.The student will describe how the earnings of workers are determined in the marketplace.


          Essential Questions: -What role do accountants play in business and society? What are the current
          issues and developments impacting the accounting profession? How is the accounting profession
          regulated?- What career opportunities are available in the accounting profession? 3- How do you
          demonstrate the skills and competencies required to be successful in the accounting profession
          and in an accounting-related field?
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Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
 A     Accounting Cycle: BCS-PAI-4. Students will understand and apply the various steps of the accounting cycle for proprietorships
       and corporations and explain the purpose ACCOUNTING I A SYLLABUS the accounting system.b.Classify items as assets,
                                                of each step. a.Explain the purpose of
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       liabilities, or owner’s equity.c.Describe the purpose of journals and ledgers and their relationship.d.Identify and explain the
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       advantages and disadvantages of different types of accounting systems.e.Analyze the effects of revenue, expense, and drawing
 I     accounts on owner’s equity.f.Identify and describe source documents.g.Analyze business transactions and their effect on the
 G     accounting equation.h.Apply the double-entry system of accounting to record business transactions and prepare a trial
 N     balance.i.Prepare and use an 8- and/or 10-column worksheet.j.Explain the need for adjusting entries and record adjusting

 M     entries.k.Prepare financial statements and explain their interrelationship.l.Describe the impact of the closing process and make
       appropriate closing entries.
 E
       ACADEMIC STANDARDS:ELA10RC3. The student acquires new vocabulary in each content area and uses it correctly.ELA10C1.
 N     The student demonstrates understanding and control of the rules of the English language, realizing that usage involves the
 T     appropriate application of conventions and grammar in both written and spoken formats.ELA10SLV1. The student participates in
 S     student-to-teacher, student-to-student, and group verbal interactions.MM2P1. Students will solve problems (using appropriate
       technology).MM2P4. Students will make connections among mathematical ideas and to other disciplines.


       Essential Questions:– What is the Accounting Cycle? What is the accounting equation?What changes effect the accounting
       equation?



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       Accounting for a Service Business Organized as a Proprietorship
               Chapter 1 Changes that Affect the Accounting Equation
       Read the Georgia Performance Standards and Essential Questions for this unit.
     1 Complete 3 "I will learn" statements.
     2 Read Chapter Review Key Terms and Chapter Objectives
     3 Define Accounting and explain the purpose of the Accounting System.
     4 Study the accounting transactions of TechKnow Consulting for Chapters 1-8.
     5 What is a proprietorship?
       Why is the GAAP necessary? What role does the FASB have in determining
     6 GAAP? 1 paragraph
       Complete Application Problems 1-1, 1-2, 1-3 - Use Interactive Spreadsheets at
     7 www.cengage.com, Paper Working Papers, and/or Online Working Papers.
     8 Cases for Critical Thinking - Case #2 P.23.

     9 Complete Chapter 1 Xtra Study Tools @www.cengage.com
     Take ChapterTutorial Quiz @www.cengage.com Textbook Website, Email to
  10 tonja.fordham@henry.k12.ga.us
     Project - Go to SBA.gov- Search the site for advice about starting a business.
       Create a PowerPoint presentation listing five resources that the SBA provides
  11 to help you start a business.
     Summarize in your own words what you understand about how transactions
  12 affect the accounting equation. 1 paragraph

  13 Assessment - Posttest- Mastery Problem 1-4


Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                                          Fordham 9/8/08
  14 APLIA Online Working Papers Assessment
                                   ACCOUNTING I A SYLLABUS

          Chapter 2 Analyzing Transactions into Debit and Credit Parts
   1 Read Chapter Review Key Terms and Chapter Objectives
       Draw the Accounting Equation on a T Account. Use your own paper or the
       drawing tool on your computer and/or use a whiteboard and markers to analyze
   2
       T accounts with a partner.
       What are the two Accounting Rules that regulate increases and decreases of
   3 account balances?
     Read Character Counts - Ethics versus Morality on page 28. How does this
   4
     ethics model compare to the Scientific Method?
      Review Debit Credit PowerPoint
   5
       What are the four questions to ask when analyzing a transaction into its debit
   6 and credit parts?
       Complete Application Problems 2-1, 2-2, 2-3, 2-4, - Use Interactive
   7 Spreadsheets at www.cengage.com and/or Working Papers
   8 Cases for Critical Thinking P. 50 Case #2
   9 Complete Chapter Xtra Study Tools @www.cengage.com
     Take Chapter Tutorial Quiz @www.cengage.com Textbook Website, Email to
  10 tonja.fordham@henry.k12.ga.us
       Project - Complete "Analyzing Best Buys Financial Statements" on page 51
  11 .Insert the data into a MSExcel table.
  12 AccountingJeopardyPowerPoint
       Summarize in your own words what you understand about how transactions are
  13 separated into debit and credit parts. 1 paragraph
  14 Assessment Mastery Problem 2-5
  15 APLIA Online Working Papers Assessment

             Chapter 3 Recording Transactions into a General Journal
   1 Read Chapter Review Key Terms and Chapter Objectives
   2 Describe the General Journal.

   3 Give 5 examples of source documents.
   4 What are the four parts of a journal entry?
       Complete Application Problems 3-1, 3-2, 3-3, 3-4 - Use Interactive
   5 Spreadsheets at www.cengage.com and/or Working Papers

   6 Cases for Critical Thinking P. 84 Case #1

   7 Complete Chapter Xtra Study Tools @www.cengage.com
       Take Chapter Tutorial Quiz @www.cengage.com Textbook Website, Email to
   8 tonja.fordham@henry.k12.ga.us



Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                               Fordham 9/8/08
     Complete "Analyzing Best Buy's Financial Statements" Page 85. Create an
                                     ACCOUNTING I A SYLLABUS
   9 MSExcel table using your data.
       Project - Go to aicpa.org. Use a digital camera or videorecorder to create a
       public service announcement summarizing the mission statement and the
     objectives of the AICPA. Save it to a CD/DVD or create a poster or PowerPoint
  10 presentation.
     Go to www.nabainc.org - National Association of Black Accountants. Describe
  11 one of the programs available to student members.
  12 AccountingJeopardyPowerPoint
     Summarize in your own words what you understand about recording
  13 transactions into the General Journal. 1 paragraph
  14 Assessment Mastery Problem 3-6
  15 APLIA Online Working Papers Assessment
         Chapter 4 Posting from a General Journal to a General Ledger
   1 Read Chapter Review Key Terms and Chapter Objectives
   2 Describe the General Ledger.
   3 List the 5 steps of posting from the General Journal to the General Ledger.
   4 Math Worksheets Chapter 6
     Complete Application Problems 4-1, 4-2, 4-3, Use Interactive Spreadsheets at
   5 www.cengage.com and/or Working Papers

   6 Cases for Critical Thinking P.112 Case #2
   7 Complete Chapter Xtra Study Tools @www.cengage.com
     Take Chapter Tutorial Quiz @www.cengage.com Textbook Website, Email to
   8 tonja.fordham@henry.k12.ga.us
   9 Complete "Using Source Documents" pg. 113, #1-3
       Complete "Analyzing Best Buy's Financial Statements" Page 113. Create an
       MSExcel table and graph using your data. Column headings: Year, SqFt,
  10
       #Stores, SqFt per store.
       Project: Read "Explore Accounting" on pg 109. Develop a chart of accounts for
       the School Store or an imaginary company. Write a detailed description of the
       store/company and a rationale for the account numbering system you have
  11
     developed.
  12 AccountingJeopardyPowerPoint
     Summarize in your own words what you understand about posting from a
  13 General Journal to a General Ledger. 1 paragraph
  14 Assessment Mastery Problem 4-4
  15 APLIA Online Working Papers Assessment
                           Chapter 5 Cash Control Systems
       Read Chapter Review Key Terms and Chapter Objectives
   1

   2 Describe the 3 types of endorsements. Why are endorsements important?


Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                               Fordham 9/8/08
   3 Math Worksheets Chapter 6         ACCOUNTING I A SYLLABUS
       Complete Application Problems 5-1, 5-2, 5-3, 5-4 - Use Interactive
   4
     Spreadsheets at www.cengage.com and/or Working Papers
   5 Cases for Critical Thinking P. 143 Case #1

   6 Complete Chapter Xtra Study Tools @www.cengage.com
       Take Chapter Tutorial Quiz @www.cengage.com Textbook Website, Email to
   7
     tonja.fordham@henry.k12.ga.us
   8 Complete "Analyzing Best Buy's Financial Statements" Page 144.
     Project: Scans Workplace Competencies P. 143. Create in a separate MSWord
   9 document and add to your Career Portfolio.
     Summarize in your own words what you understand about cash control systems.
  10 1 paragraph
  11 Assessment Mastery Problem 5-5

  12 APLIA Online Working Papers Assessment
                                 Reinforcement Activity
   1 Reinforcement Activity 1 - Part A Pg. 147. Use Working Papers.
                    Chapter 6 Worksheet for a Service Business
   1 Read Chapter Review Key Terms and Chapter Objectives
   2 Describe a work sheet.
   3 Why are adjustments necessary?
   4 Math Worksheets Chapter 6
       Complete Application Problems 6-1, 6-2, 6-3, 6-4 - Use Interactive
   5 Spreadsheets at www.cengage.com and/or Working Papers
       Case for Critical Thinking P.175
   6

   7 Complete Chapter Xtra Study Tools @www.cengage.com
       Take Chapter Tutorial Quiz @www.cengage.com Textbook Website, Email to
   8 tonja.fordham@henry.k12.ga.us
       Complete "Analyzing Best Buy's Financial Statements" Page 175. Remember to
   9 answer using complete sentences.
     Project: Character Counts - Malpractice Liability of Accountants - Locate an
       article describing a malpractice lawsuit against a public accounting firm. What
       were the main facts of this case? What is your opinion of the firm's liability?
       Print the article and your response (at least 1 paragraph). Add to your Career
  10
       Portfolio.
       Summarize in your own words what you understand about completing
  11 worksheets for a service business. 1 paragraph

  12 Assessment Mastery Problem 6-5
  13 APLIA Online Working Papers Assessment
               Chapter 7 Financial Statements for a Proprietorship
   1 Read Chapter Review Key Terms and Chapter Objectives

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                                                Fordham 9/8/08
       How is a component percentage computed?
   2                                  ACCOUNTING I A SYLLABUS

   3 Math Worksheets Chapter 7
     Complete Application Problems 7-1, 7-2 - Use Interactive Spreadsheets at
   4 www.cengage.com and/or Working Papers
   5 Case for Critical Thinking P.197
   6 Complete Chapter Xtra Study Tools @www.cengage.com
       Take Chapter Tutorial Quiz @www.cengage.com Textbook Website, Email to
   7 tonja.fordham@henry.k12.ga.us
       Project - Complete "Graphing Workshop" P. 197 - Use MSExcel to create your
   9
       graphs.
       Complete "Analyzing Best Buy's Financial Statements" Page 197. Remember to
  10 answer using complete sentences.
       Project: Choose 2 companies in the same industry. Ex. Home Depot and Lowe's.
       Search online for each companies most recent financial statements. List the
       Total Revenue, Total Expenses, Net income or Net loss. For each company,
       calculate and record the component percentages for total expenses and net
       income by divididng each item by the amount of net sales. Round to the .1%.
       Which company has the better component percentage? Show your data in a
  11
       MSExcel table.
       Summarize in your own words what you understand about financial statements
  12 for a proprietorship. 1 paragraph

  13 Assessment Mastery Problem 7-3
  14 APLIA Online Working Papers Assessment




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                               Fordham 9/8/08
                                    ACCOUNTING I A SYLLABUS




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
 A       BCS-PAI-5. Students will use Generally Accepted Accounting Principles (GAAP) to determine the value of assets.a.Define and
                                                   explain their impact SYLLABUS
         identify current and long-term assets andACCOUNTING I Aon financial statements.b.Identify cash control
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         techniques.c.Establish and maintain petty cash and change accounts.d.Examine the benefits of electronic fund transfers, ATM
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         transactions, and uses of a debit card.e.Create and maintain the accounts receivable subsidiary ledger and account for credit card
 I       sales and apply appropriate accounting techniques for uncollectible accounts.f.Establish and maintain accounts for
 G       receivables.g.Calculate sales and purchases discounts.h.Calculate depreciation and apply appropriate accounting concepts and
 N       techniques for acquisition, depreciation, and disposal of property, plant, and equipment.i.Reconcile bank statements.j.Prepare,

 M       analyze, and maintain accounting records for short- and long-term assets using spreadsheet and/or accounting software.BCS-PAI-
         6. Students will use Generally Accepted Accounting Principles (GAAP) to determine the value of liabilities.a.Define and identify
 E
         current and long-term liabilities and explain their impact on financial statements.b.Create and maintain the accounts payable
 N
         subsidiary ledger.
 T       c.Establish and maintain accounts for payables.d.Prepare and maintain accounting records for short- and long-term liabilities using
         spreadsheet and/or accounting software.BCS-PAI-7. Students will use Generally Accepted Accounting Principles (GAAP) to
 S
         determine the value of owners’ equity.a.Explain the purpose of the capital and drawing accounts for a sole
         proprietorship.b.Explain the purpose of the following capital accounts for a corporation: common stock, preferred stock, paid-in
         capital, retained earnings, and dividends.c.Analyze and record investments by stockholders and the declaration and payment of
         dividends for a corporation.d.Differentiate between stockholders’ equity and retained earnings.e.Use manual and computerized
         accounting systems for stockholders’ equity.BCS-PAI-8. Students will use Generally Accepted Accounting Principles (GAAP) to
         determine the value of revenue, expenses, gains, and losses.
         a.Describe the criteria used to determine revenue recognition.b.Record revenue-related transactions.c.Describe the criteria used
         to determine expense recognition.d.Record expense-related transactions.e.Distinguish between revenue and gains.f.Distinguish
         between expenses and losses.g.Record transactions resulting in gains and losses.ACADEMIC STANDARDS:ELA10RC3. The
         student acquires new vocabulary in each content area and uses it correctly.ELA10C1. The student demonstrates understanding
         and control of the rules of the English language, realizing that usage involves the appropriate application of conventions and
         grammar in both written and spoken formats.ELA10SLV1. The student participates in student-to-teacher, student-to-student,
         and group verbal interactions.MM2P1. Students will solve problems (using appropriate technology).MM2P4. Students will make
         connections among mathematical ideas and to other disciplines.

         Essential Questions:- How is the cash control system related to accounting? How do you post to general and subsidiary ledgers?
         How do business transactions effect owner’s equity? How are dividends distributed? How is a worksheet prepared for a
         merchandising business organized as a corporation? How do revenue, expense, and withdrawal transactions change owner’s equity?




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                         Unit 2 - Accounting Process Chs 1,2,3,4,6,7,8
                 Chapter 1 Changes that Affect the Accounting Equation
         Read the Georgia Performance Standards and Essential Questions for this unit.
         Complete 3 "I will learn" statements.
     1

     2 Read Chapter 1, Review Key Terms and Chapter Objectives

     3 Answer Critical Thinking questions on page 5.
         Complete Application Problems 1-1, 1-2, 1-3 - Use Interactive Spreadsheets at
         www.cengage.com and/or Working Papers
     4

     5 Complete 1-4 Mastery Problem

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                                                            Fordham 9/8/08
   6 Complete Chapter 1 Xtra Study Tools @www.cengage.com
                                    ACCOUNTING I A SYLLABUS
     Take Chapter 1 Tutorial Quiz @www.cengage.com Textbook Website, Email to
       tonja.fordham@henry.k12.ga.us
   7
       Project - Go to SBA.gov- Search the site for advice about starting a business.
       Create a PowerPoint presentation listing five resources that the SBA provides
       to help a person start a business.
   8

          Chapter 2 Analyzing Transactions into Debit and Credit Parts
   1 Read Chapter 2, Review Key Terms and Chapter Objectives
   2 Answer Critical Thinking questions on page 27.
       Read Ethics versus Morality on page 28. How is this ethics model compare to
   3 the Scientific Method?
       Complete Application Problems 2-1, 2-2, 2-3, 2-4, - Use Interactive
       Spreadsheets at www.cengage.com and/or Working Papers
   4
   5 Complete 2-5 Mastery Problem
   6 Complete Chapter 1 Xtra Study Tools @www.cengage.com
       Take Chapter 2 Tutorial Quiz @www.cengage.com Textbook Website, Email to
       tonja.fordham@henry.k12.ga.us
   7
       Project - Complete "Analyzing Best Buys Financial Statements" on page 51.
   8

             Chapter 3 Recording Transactions into a General Journal
       Read Chapter 3, Review Key Terms and Chapter Objectives
   1
       Answer Critical Thinking questions on page 55.
   2
       Complete Application Problems 3-1, 3-2, 3-3, 3-4 - Use Interactive
       Spreadsheets at www.cengage.com and/or Working Papers

   3
       Complete 3-6 Mastery Problem using Automated Accounting
   4
       Complete Chapter 3 Xtra Study Tools @www.cengage.com
   5
       Take Chapter 3 Tutorial Quiz @www.cengage.com Textbook Website, Email to
       tonja.fordham@henry.k12.ga.us
   6
       Complete "Analyzing Best Buy's Financial Statements" Page 85.
   7




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                               Fordham 9/8/08
     Project - Go to aicpa.org. Use a digital camera or videorecorder to create a
                                        ACCOUNTING I A SYLLABUS
     public service announcement summarizing the mission statement and the
   8 objectives of the AICPA. Save it to a CD/DVD.




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                             Fordham 9/8/08
                                    ACCOUNTING I A SYLLABUS




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
                                    ACCOUNTING I A SYLLABUS




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
                                    ACCOUNTING I A SYLLABUS




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
                                    ACCOUNTING I A SYLLABUS




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
                                    ACCOUNTING I A SYLLABUS




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
                                    ACCOUNTING I A SYLLABUS




Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
       Essential Questions: How are financial statements prepared? How are items on financial statements analyzed using component
       percentages?




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       NAME:                         DATE:                                                              completed




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analyzed using component




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             Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                                       Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
Note: Save all typed questions and answers to one single MSWord document titled "Unit Concepts".
                                          Fordham 9/8/08
 A       BCS-PAI-10. Students will apply Generally Accepted Accounting Principles (GAAP) to various forms of ownership and
         payroll.a.Compare the advantages and disadvantages of the three forms of business ownership—sole proprietorships,
 S
         partnerships, and corporations.b.Prepare and maintain payroll records using manual and computerized systems.c.Calculate earnings
 S
         at an hourly and piece rate and on a salary, commission, and salary/commission basis.d.Compute employee gross earnings,
 I       deductions, and withholdings to determine net pay.e.Calculate employer’s payroll taxes including Social Security, Medicare,
 G       federal unemployment, state unemployment, other taxes, and other employee benefits paid by the employer.f.Prepare federal,
         ACADEMIC STANDARDS:ELA10RC3. The student acquires new vocabulary in each content area and uses it correctly.ELA10C1.
 N
         The student demonstrates understanding and control of the rules of the English language, realizing that usage involves the
 M
         appropriate application of conventions and grammar in both written and spoken formats.ELA10SLV1. The student participates in
 E       student-to-teacher, student-to-student, and group verbal interactions.MM2P1. Students will solve problems (using appropriate
 N       technology).MM2P4. Students will make connections among mathematical ideas and to other disciplines.
 T
         Essential Questions:What accounting practices are related to payroll records? What accounting concepts and practices are
 S
         related to payroll accounting, taxes, and reports? How do you compare the application of GAAP in the various forms of business
         ownership?




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                                          Fordham 9/8/08
of ownership and
 proprietorships,
d systems.c.Calculate earnings
oyee gross earnings,
al Security, Medicare,
mployer.f.Prepare federal,
uses it correctly.ELA10C1.
that usage involves the
 The student participates in
roblems (using appropriate
es.

cepts and practices are
e various forms of business




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                                          Fordham 9/8/08
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                                          Fordham 9/8/08
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                                          Fordham 9/8/08
       Essential Questions:How do you use accounting principles to evaluate the performance of an organization?




                                                                                                          Check
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ation?




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                                          Fordham 9/8/08
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                                          Fordham 9/8/08
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                                          Fordham 9/8/08
 A       BCS-AI-12. Students will research and discuss international accounting societies and theories in accounting and finance.a.Compare
         and contrast International Accounting Standards (IAS) with Generally Accepted Accounting Principles (GAAP).b.Discuss basic
 S
         international terminology and theories in accounting and finance.c.Identify global/international concerns related to accounting
 S
         (i.e., time zones, monetary conversions, customs, and language).
 I
         ELA10RC3. The student acquires new vocabulary in each content area and uses it correctly.ELA10C1. The student demonstrates
 G
         understanding and control of the rules of the English language, realizing that usage involves the appropriate application of
 N       conventions and grammar in both written and spoken formats.ELA10SLV1. The student participates in student-to-teacher,
 M       student-to-student, and group verbal interactions.MM2P1. Students will solve problems (using appropriate technology).MM2P4.
 E       Students will make connections among mathematical ideas and to other disciplines.

 N
         Essential Questions:How do you compare and contrast International Accounting Standards with Generally Accepted Accounting
 T       Standards?
 S


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ounting and finance.a.Compare
es (GAAP).b.Discuss basic
erns related to accounting


 The student demonstrates
ropriate application of
in student-to-teacher,
priate technology).MM2P4.



erally Accepted Accounting




                Conference
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                     Career Portfolio


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                     Career Portfolio


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