A DETAILED LESSON PLAN IN FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT (INTRODUCTION TO ACCOUNTING) ABM. 1. Objectives At the end of the lesson the learners are expected to: a. Understand the purpose and importance of accounting, b. Know the different users of accounting and the history of accounting. ¢. Define accounting and know the objective of accounting d. Identify types or form of accounting information. 1, Subject Matter a. Topic: Introduction to accounting b. Reference: Fundamentals of Accountancy, Business and Management 1(Joselito Guardainez Florendo) K12 ¢. Materials: marker, chalk, blacked board or whiteboard, power point presentation, projector, laptop ML Procedure a. Learning Activities Teacher Students 1. Prayer (One student will ead the prayer, everyone will Let's all stand up and pray the “Our father” That will be done by your classmate’s lead 2. Greeting Good morning class! How's your day today? 3. Reminding of class rules Before we start, | would like to remind you ‘About the rules that you will be following Inside my class. 1. No one shall transfer to another seat and get out without the permission from the teacher. 2. Cell phones must be in silent mode and put Itinside the bag. 3, Listen attentively and participate in any given activities. 4, Keep the classroom as clean as possible. Alright, did you understand what | am saying? Before we sit down, please pick-up the pieces of trash you see around and under your chairs and then arrange your chairs respectively. Please hide the unnecessary things that are not related to our subject. 4. Checking of attendance ‘Are there any absent in the class today? Good! Because everyone is present today, lets sive ourselves a big round of applause! stand up) In the name of the father and the of the son, and the holy spirit. Good morning Sir, we are doing just fine as ever. YS Site None sir. (Everyone will take a round of applause}5. Motivation (all should participate) Before we discuss our topic, | will ask question, for who is one of the most successful business man in the Philippines?( Name any. (Depend on the person they known foe) e.g, Mark Zuckerberg (facebook) Bill Gates (Microsoft) How about in the entire word, most successful Donald Trump businessman? Jolibee Name any Succesful business establish in the Philippines? Mcdonald How About USA B. Lesson Proper Teacher Students 1. Presentation (A short review on previous discussion) Ok let’s proceed to our new topic. Do you have any idea about our discussion for today based on or behind the success of a person or business? Very good! Our topic for today is introduce- tion to accounting. 2. Discussion Introduction to accounting Iwill discuss and explain: * Introduction to accounting ¥ Enumerate transaction takes place in a business every day. ¥ Keeping proper accounts help the owner of the business. * Users of accounting Y Accounts provide useful information. * History of accounting ¥ Accounting is written since the ancient time. Y Many evidence are available of that accounts were maintain in. Y Many evidence are found in. © Meaning of accounting Y Accounting is the process of a, Identifying b. Measuring in terms of money . Recording d. Classifying Understand sir & no more question, It’s about accounting... Ok sir.e. Summarizing f, Analyzing and interpreting © Objective of accounting Y The aim of accounting is (Maintenance Record) Financial position-balance sheet) Calculation of profit loss) To provide information to know the efficiency of the managers. Y To provide the necessary information for the preparing. Y To provide useful information to the government for taking proper decision. KKK * Types or form of accoun information Y Accounting starts with identification of financial transcation, Y Trasnsaction which are not financial are not included in the accounting information. 8 © Advantages of accounting Y The owner of the business can get accounting information, whenever required by maintaining accounts. 3. Analysis Why is accounting important? Accounting play a vital role in running a business because it helps you track income and expenditures, ensure statutory com- pliance and provide investors management and government with quantitative financial information which can be used in making business decision. 4. Abstraction Students group yourselves into 4 according to your answer before (Motivation question) group 1 (to those who answer the successful businessman in the Philippines, group 2 (successful businessman in the world Group 3 (successful business in the Phili- ppines, group 4 (successful business in USA. Differentiated question. Group 1. List down related word to Accounting ( make a fishbone) Group 2. List down successful business in Surigao City that has an accounting Section or department. Group 3. List down at least five profession or Any answer (depend on their own understanding) We will sir. Group 1, ok sir... Group 2, ok sir.Job related to accounting Group 4. Make a poem about accounting, (10 minutes to answer) ( Show rubrics in power point of how to rate the performance of its group) Ok done or not Its group should perform or Explain the assigned task in front of your classmate and make a modified clap after the performance( other group will rate the performance, Okay class congrats to all the group you did a very great performance and all of you ac- tively participated, a round of applause to every one. 5. Valuing Now that you have already known the im- portance of accounting and now that you have already know also that it is one of the noblest profession, any of you here have a parents that work as an accountant, ac- counting staff, accounting clerk, or any profession related to accounting, Or any relative working in 2 bank. 6. Application Make a research on making a statement of Account, and make your own statement of Account assuming that you have a small Business (sari sari store) a simple statement Account only, and submit it on the next Meeting, Group 3, ok sir. Group 4, ok sir (students performing and clapping) Me sir. My mother. My father.. My aunt... My uncle My sister. My cousin. IV. Evaluation Enumeration (in a % sheet of paper) 1. Write down at least two meaning of accounting. 2. Two (2) user of accounting information. 3. Two (2) objective of accounting, V. Assignment The assignment is the research from the application. Presented by: NESTHOR G. PARILLA III Applicant