ERIC ED364777: Accounting Systems 40S. Interim Guide.

74 Pages·1993·0.93 MB·English

by  ERIC

DOCUMENT RESUME
CE 065 427
ED 364 777
Accounting Systems 40S. Interim Guide.
TITLE
Manitoba Dept. of Education and Training,
INSTITUTION
Winnipeg.
ISBN-0-7711-1143-6
REPORT NO
93
PUB DATE
75p.; For a related guide, see CE 065 426.
NOTE
Teaching Guides (For
Classroom Use
Guides
PUB TYPE
Teacher) (052)
MF01/PC03 Plus Postage.
EDRS PRICE
*Accounting; Bookkeeping; *Business Education;
DESCRIPTORS
Classroom Techniques; *Computer Software; Course
Content; Educational Resources; Employment Potential;
Foreign Countries; High Schools; Job Skills; Learning
Activities; Lesson Plans; Student Evaluation;
Teaching Methods; Units of Study
Manitoba
IDENTIFIERS
ABSTRACT
This curriculum guide was developed for a
senior-level accounting course for students in high schools in
Manitoba. The course is designed for students who plan to engage in
an entry-level accounting position or self-employment after
graduation and for students who plan postsecondary study in
accounting and business. The course builds on and reinforces the
concepts, skills, and understandings mastered in introductory
accounting (Accounting Principles 30G). Generally Accepted Accounting
Principles (GAAP) are discUssed and analyzed as they are currently
applied to small and larger businesses. The guide includes the
following components: (1) an employability skills profile; (2)
recommended program patterns for business education courses; (3)
rationale for the program; (4) evaluation methods; (5) time
(6) goals and objectives; and (7) six units of study. The
allotments;
units cover these topics: review of accounting principles, synoptic
journal, adjustments and closing entries, inventory systems,
application packages, and options. Units consist of a goal,
objectives, and teaching methods keyed to the objectives. A
bibliography listing 18 texts, 11 computer programs, and a source for
materials completes the guide. (KC)
***********************************************************************
*
Reproductions supplied by EDRS are the best that can be made
from the original document.
***********************************************************************
1993
Accounting Systems 40S
,
.
A
fie
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U.S DEPARTMENT OF EDUCATION
MATERIAL HAS BEEN GRANTED
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EDUCATIONAL RESOURCES INFORMATION
CENTER (ERICI
Thus docurnenl hes been reproduced as
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INFORMATION CENTER
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Interim Guide
1993
Accounting Systems 40S
Interim Guide
Manitoba
!
Education
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and Training
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ISBN 0-7711-1143-6
4
ACCOUNTING SYSTEMS 40S
This guide replaces, in part, the Accounting 202, 302 and Data Processing 202, 302
guides of 1982, and becomes effective in September, 1993. The contents have been
developed as part of the review of the Business Education cluster of courses which
are affected by computer technology.
ACKNOWLEDGEMENTS
Members of the Business Education Steering Committee are
Gayle Halliwell (Chair)
Lord Selkirk School Division No. 11
John Proudfoot
St. James-Assiniboia School Division No. 2
Iris Overby
Interlake School Division No. 21
Lily Budzak
Winnipeg School Division No. 1
Bill Vandurme
St. Vital School Division No. 6
Ben Zajac
River East School Division No. 9
Roy Watt, Consultant
Goewan Personnel Services
Kathy Brough, Office Systems Manager
Manitoba Telephone System
Edith Lyon
Manitoba Business Education Teachers' Association
Ken Hardy
Red River Community College
ACCOUNTING SYSTEMS
Members of the Accounting Working Party are
Andre Favreau (Writer)
Fort Garry School Division No. 5
Dawn Hicks
St. James-Assiniboia School Division No. 2
Sharon Wilson
Seven Oaks School Division No. 10
Ken Hardy
Red River Community College
Tony Boron, CGA
Boeing Canada
Consultants to committees are
Marcel Daeninck (until 1992)
Business Education Consultant
Manitoba Education and Training
Tom Prins
Business Education Consultant
Manitoba Education and Training
H. Marshall Draper
Coordinator, Technology and Science
Manitoba Education and Training
6
ACCOUNTING SYSTEMS
ii
CONTENTS
Employability Skills Profile
1
Recommended Program Patterns 2
Rationale 3
Evaluation 4
Time Allotments 5
Goals and Objectives 6
Accounting Systems 40S 13
Review of Accounting Principles 15
Synoptic Journal 16
Adjustments and Closing Entries 18
Inventory Systems 25
Application Packages 31
Options 41
Bibliography 65
ACCOUNTING SYSTEMS
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RECOMMENDED PROGRAM PATTERNS
This flowchart is meant to provide schools with a recommended sequence of studies
for the new Business Education courses. While the prerequisite to any course is at the
discretion of the school, the skill development as shown in the flowchart is
is left to schools to schedule courses and to advise
recommended. However, it
students based upon the educational readiness of individual students.
Economics 40G
Business Principles 30G
General Business 20G125G*
Exploration of
Law 40G
Shorthand and
Retailing 205
Business OG/15G*
Shorthand and
Transcription 30S
Transcription 40S
Promotions 30S
Management 40S
Relations in Business 30S
Marketing Practicum 40S
Automted
Introductory
Word
Office
Seminar
Keyboarding
in BusineFs
40S
Processing
15G
40S
30G
Advanced
Keyboarding
Advanced
25G
Word Processing
4SS
Accounting
Software
Computer
Principles
Applications
Applications
20G
30S
Accounting
Systems
40S
* Under development
10
ACCOUNTING SYSTEMS
2
RATIONALE
Accounting Systems 40S is designed for those who plan to engage in an entry-level
accounting or business-related position of self-employment after Senior 4 graduation
and for the student who plans post secondary study in accounting and/or business.
Students proceeding with their search for career roles and aptitudes, will also find
Accounting Systems 40S appropriate and useful.
It is recommended that students meet all levels of objectives of Accounting Principles
30G prior to enroiing in Accounting Systems 40S. It is also assumed that students will
nave a basic knowledge of computer operations and software applications. Many will
have completed the course, Software Applications 30S.
skills, and
Accounting Systems 40S builds on and reinforces the concepts,
understandings mastered in Accounting Principles 30G. The introductory principles
Generally Accepted
and practices are reviewed, developed further, and applied.
Accounting Principles (GAAP) are discussed and analyzed as they are currently applied
to small and larger businesses.
Initially, the synoptic or combination journal is the medium for recording transactions.
The GAAP relating to adjusting and closing entries are practised and discussed for
both service and merchandising businesses.
systems of accounting for
Important advanced accounting topics included are:
inventory cost-flows and evaluation, inventory systems, inventory control, and
inventory management.
Several optional accounting units which teacher and students may wish to study are:
budgeting, manufacturing accounting, personal income tax, partnership accounting,
corporation accounting, and statement analysis. The choice will depend upon the
needs and interests of the students enroled in the course. Electronic spreadsheets
and other software are encouraged for use in these optional units, where possible.
Because of the continuing increase in the use of computers in accounting, computer
accounting applications are important in Accounting Systems 40S. Students will use
spreadsheets, general ledger accounting software, accounts receivable and accounts
payable packages, a computerized inventory system, and record and maintain a
computerized payroll system. The software may be a single, integrated package or
a series of different software systems.
1
ACCOUNTING SYSTEMS
3