NESHAMINY SCHOOL DISTRICT LANGHORNE, PENNSYLVANIA
Course Title
HONORS ACCOUNTING II
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: September
ESSENTIAL QUESTIONS THAT THE COURSE CONTENT ANSWERS: Why is it essential for businesses to follow the accounting process?
How are financial statements used to assess the financial status of a business?
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.K
Chapter 1 - Recording Departmental
Purchases and Cash Payments
Using Accounting Principles and Records
Journalizing Purchases and Purchase Returns
Journalizing Cash Payments
Chapter 2 - Recording Departmental Sales
and Cash Receipts
Departmental Sales on Account and Sales
Returns and Allownaces
Journalizing Cash Receipts
Apply debit and credit rules when
analyzing and journalizing business
transactions for a departmentalized business
Explain the relationship beween the
accounting equation and accounting records
Explain the purpose of a departmental
accounting system
Journalize departmental purchases,
purchases returns and allowances and cash
payments
Journalize departmental sales on account
and sales returns and allowances
Explain the impact of sales discounts on the
collection of accounts receivable
Journalize departmental cash receipts
Classroom discussion initiated by teacher
Formal assessment of textbook accounting
problems – students complete using Google
Sheets
Visual evaluation of cooperative activities
among students
Formative assessments
Visual monitoring of classwork exercises.
End of chapter comprehensive recycle and
mastery problems
Formally graded summative assessment
(chapter test)
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: October/ November
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.F, 15.1.12.G, 15.1.12.L. 15.1.12.M, 15.1.12.Q,
15.1.12.S, 15.1.12.T
Chapter 3 - Calculating and Recording
Departmental Payroll Data
Completing Payroll Records for Employee
Earnings and Deductions
Recording a Payroll and Payroll Taxes
Chapter 4 - Financial Reporting for a
Departmentalized Business
Preparing Financial Information for a
Departmentalized Business
Responsibiltiiy Statements for a Merchandising
Business
Financial Statements for a Departmental
Merchandising Business
Identify the different types of compensation
that are paid by employers and the rationale
for different methods of compensating
employees
Calculate employee earnings
Prepare payroll reports
Journalize the payment of a payroll
Journalize the payment of payroll taxes
Identify the steps necessary to prepare for end-
of-period financial reporting
Journalize adjusting entries
Prepare an adjusted trial balance
Distinguish between direct and indirect expenses
of a departmentalized business
Prepare a departmental margin statement
Calculate and analyze vertical analysis ratios
Prepare financial statements
Complete end-of-period work (closing entries)
Classroom discussion initiated by teacher
Formal assessment of textbook accounting
problems – students complete using Google
Sheets
Visual evaluation of cooperative activities
among students
Formative assessments
Visual monitoring of classwork exercises.
End of chapter comprehensive recycle and
mastery problems
Formally graded summative assessment
(chapter test)
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: November
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.F, 15.1.12.G, 15.1.12.K, 15.1.12.L. 15.1.12.M,
15.1.12.Q, 15.1.12.S, 15.1.12.T
Reinforcement Activity 1
This activity reinforces chapters 1 through 4.
The complete accounting cycle is for a
departmentalized merchandising business
organized as a corporation.
Recording transactions in special journals and a
general journal
Calculating and recording departmental payroll
data
Proving and ruling journals
Planning adjustments and completing a work
sheet
Preparing departmental margin statements
Preparing financial statements
Journalizing adjusting and closing entries
Classroom discussion initiated by teacher
Formal assessment of assigned segments of the
reinforcement activity 1– students complete
using Google Sheets
Visual evaluation of collaboration among
students
Visual monitoring of project activity
Formally graded Reinforcement Activity 1
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: December
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.F, 15.1.12.G, 15.1.12.J, 15.1.12.K, 15.1.12.L,
15.1.12.T
Chapter 5 – Inventory Planning and
Valuation
Determining Merchandise Inventory
Quantities
Inventory Costing Methods
Estimating the Inventory
Chapter 6 – Accounting for Uncollectible
Accounts
Direct Write-Off Method of Recording
Uncollectible Accounts
Allowance Method of Recording Uncollectile
Accounts Expense
Financial Analysis of Accounts Receivable
Describe the importance of merchandise
inventory and its role in profitability
Account for the quantity of merchandise
inventory
Determine the cost of merchandise inventory
Determine the reported cost of merchandise
inventory
Estimate the cost of merchandise inventory
Calculate the inventory turnover ratio and days’
sales in inventory
Calculate and record uncollectible accounts
expense using the direct write-off method
Calculate and record estimated uncollectible
accounts expense using the allowance method
Write off an uncollectible account receivable
Account for the collection of an account
receivable that was written off
Calculate and analyze accounts receivable
turnover ratios
Classroom discussion initiated by teacher
Formal assessment of textbook accounting
problems – students complete using Google
Sheets
Visual evaluation of cooperative activities
among students
Formative assessments
Visual monitoring of classwork exercises.
End of chapter comprehensive recycle and
mastery problems
Formally graded summative assessment
(chapter test)
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: January
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.F, 15.1.12.G, 15.1.12.H, 15.1.12.J, 15.1.12.K,
15.1.12.L, 15.1.12.M, 15.1.12.Q, 15.1.12.S, 15.1.12.T
Mid-Term Assessment
Chapters 1 through 6
Chapter 7 – Accounting for Plant Assets
Buying Plant Assets
Calculating and Journalizing Depreciation
Expense
Disposing of Plant Assets
Other Methods of Depreciation
Refer to essential content, skills, knowledge
entries from chapters 1 through 6
Journalize the purchase of plant assets
Calculate and record depreciation expense using
straight-line depreciation
Journalize the disposal of plant assets
Calculate depreciation expense using the
declining-balance depreciation method
Calculate depreciation expense using the units-
of-production method
A segment of chapter problems will be
reviewed. Concepts will be identified and
reinforced with problem applications. Students
have access to all problems and notes through
Canvas. Review material will also be
reinforced with cooperative activites.
Summative assessment will be formally graded.
Classroom discussion initiated by teacher
Formal assessment of textbook accounting problems –
students complete using Google Sheets.
Visual evaluation of cooperative activities among
students
Formative assessments
Visual monitoring of classwork exercises.
End of chapter comprehensive recycle and mastery
problems
Formally graded summative assessment (chapter test)
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: February
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.F, 15.1.12.G, 15.1.12.K, 15.1.12.L, 15.1.12.O
Chapter 8 - Accounting for Notes Payable,
Prepaid Expenses, and Accrued Expenses
Notes Payable
Prepaid Expenses
Accrued Epenses
Chapter 9 – Accounting for Unearned
Revenue, Accrued Revenue, and Installment
Notes Receivable
Unearned and Accrued Revenue
Accounting for Gift Cards
Accounting for Installment Notes Receivable
Journalize transactions for notes payable
Journalize adjusting and reversing entries for
prepaid expenses
Compare and acontrast prepaid expense
accounting procedures
Journalize adjusting and reversing entries for
accrued expenses
Describe and illustrate the adjusting and
reversing entries for unearned revenue
Describe and illustrate the adjusting and
reversing entries for accrued revenue
Journalize transactions for gift cards
Journalize transactions for installment notes
receivable
Describe and illustrate the reclassification and
reversing entries for installment notes receivable
Classroom discussion initiated by teacher
Formal assessment of textbook accounting
problems – students complete using Google
Sheets
Visual evaluation of cooperative activities
among students
Formative assessments
Visual monitoring of classwork exercises.
End of chapter comprehensive recycle and
mastery problems
Formally graded summative assessment
(chapter test)
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: March
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.D, 15.1.12.E, 15.1.12.F,
15.1.12.G, 15.1.12.H, 15.1.12.J, 15.1.12.K, 15.1.12.L,
15.1.12.P, 15.1.12.Q, 15.1.12.T
Reinforcement Activity 2
This activity reinforces chapters 5 through 9 by
processing accounting data for a corporation..
Simulation
This web-based accounting simulation models
an automated accounting system. Lessons
reinforce the entire accounting cycle and
introduce students to forensic accounting.
Students work independently to obtain
simulation objectives through financial
reporting activities.
Journalize transactions in special journals and a
general journal
Journalize adjusting entries for uncollectible
accounts expense
Calculate merchandise inventory
Journalize adjusting entries for expense
accounts, gift cards, interest revenue earned and
installments on notes receivables
Accounting methods are reinforced through an automated
simulation for journalizing, posting, completing a
worksheet, and analyzing financial statements. Forensic
accounting is introduced.
Classroom discussion initiated by teacher
Formal assessment of assigned segments of the
reinforcement activity 2– students complete using Google
Sheets
Visual evaluation of collaboration among students
Visual monitoring of project activity
Formally graded Reinforcement Activity 2
Classroom discussion initiated by teacher
Formal assessment of assigned segments of the
accounting simulation
Visual evaluation of collaboration among students
Visual monitoring of project activity
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: April
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.F, 15.1.12.G, 15.1.12.I, 15.1.12.L, 15.1.12.M,
15.1.12.N, 15.1.12.P, 15.1.12.Q, 15.1.12.S, 15.1.12.T
Chapter 10 – Organizing a Corporation
Starting a Corporation
Accounting for Preferred Stock
Describe the process for forming a corporation
Describe the two basic kinds of stock
Identify advantages and disadvantages of the
corporate form of business
Record the issuances of par-value, no-par-value,
and stated-value common stock
Record the issuance of preferred stock
Explain how to account for convertible preferred
stock
Classroom discussion initiated by teacher
Formal assessment of textbook accounting problems –
students complet using Google Sheets
Visual evaluation of cooperative activities among
students
Formative assessments
Visual monitoring of classwork exercises.
End of chapter comprehensive recycle and mastery
problems
Formally graded summative assessment (chapter test)
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: May
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.E,
15.1.12.F, 15.1.12.G, 15.1.12.I, 15.1.12.L, 15.1.12.N
Chapter 11 - Corporate Dividends and
Treasury Stock
Calculating and Journalizing Dividends for a
Corporation
Treasury Stock Transactions
Purchasing and Selling Capital Stock of Other
Corporations
Chapter 12 – Accounting for Bonds
Bonds Payable Transactions
Paying Interest on Bonds
Bond Investments
Account for the declaration and payment of a
cash dividend
Account for the declaration and payment of a
stock dividend
Explain why a corporation would purchase its
own stock
Journalize entries for buying and selling treasury
stock
Journalize transactions for the purchase and sale
of the capital stock of other corporations
Explain why and how a corporation issues bonds
Journalize the issue of bonds at a discount and at
a premium
Account for the payment of bond interest
Journalize the retiring of a bond issue
Journalize the purchase and sale of an
investment in bonds
Classroom discussion initiated by teacher
Formal assessment of textbook accounting
problems – students complete using Google
Sheets
Visual evaluation of cooperative activities
among students
Formative assessments
Visual monitoring of classwork exercises.
End of chapter comprehensive recycle and
mastery problems
Formally graded summative assessment
(chapter test)
CURRICULUM MAP
Course/ Subject: Honors Accounting 2 Grades: 10, 11& 12
Month: June
Student Learning
Standards/Indicators
Essential Content, Skills, Knowledge
Suggested Learning Activities
and Instructional Strategies
Standards: BCIT 15.1.12.C, 15.1.12.D, 15.1.12.F,
15.1.12.G, 15.1.12.H, 15.1.12.I, 15.1.12.K, 15.1.12.L,
15.1.12.N,15.1.12.O, 15.1.12.Q, 15.1.12.T
Final Exam –
Chapters 7 through 12
Refer to essential content, skills,
problems and transaction entries from
chapters 7 through 12
A segment of chapter problems will be
reviewed. Concepts will be identified and
reinforced with problem applications. Students
have access to all problems and notes through
Canvas. Review material will also be
reinforced with cooperative activites.
Summative assessment will be formally graded.
Common Core Standards Cross Referenced with Accounting
Accounting 2
Grades 10 – 12 PA Common Core Academic Standards for Reading in Science and Technology
Key Ideas and Details:
CC.3.5.11-12.C
Follow precisely a complex multistep procedure when carrying out experiments, taking measurements, or performing
technical tasks; analyze the specific results based on explanations in the text.
Application:
Students by analysis of the data apply multistep procedure when recording entries to maintain a balanced general ledger.
Grades 10 – 12 PA Common Core Academic Standards for Writing in Science and Technical Subjects
Production and Distribution of Writing:
CC.3.6.9-10.C
CC.3.6.11-12.C
Produce clear and coherent writing in which the development, organization, and style are appropriate to task, purpose and
audience.
Application:
Students will write a critical response to real world questions linked to the content of the specific chapter.
Transfer Tasks for Accounting
Students will complete two Reinforcement Activities that require the financial reporting of business activities for a corporation for one month.
Accounting 2
This is an authentic assessment which is realistic, has rigor and is relevant to the study of basic accounting.
Advanced Accounting South-Western Textbook, Reinforcement Activities 1 and 2
Business, Computer and Information Technology Standards - 15.1 ACCOUNTING
15.1.12.A Summarize professional designations, careers, and organizations within the field of accounting, including education and certifications.
15.1.12.B Analyze the roles of policy-setting bodies in the accounting profession, (AIPCA), (PICPA), (GAAP) and the (SEC).
15.1.12.C Analyze business transactions using T-accounts to determine their impact on a business.
15.1.12.D Analyze, journalize, and post transactions to general & subsidiary ledgers.
15.1.12.E Perform accounting functions using technology as a tool.
15.5.12.F Analyze and journalize transactions for short and long-term assets.
15.1.12.G Analyze and journalize transactions involving short and long-term liabilities.
15.1.12.H Identify, calculate, and record depreciation, depletion and amortization; explain their effect on the financial statements.
15.1.12.I Differentiate between and journalize entries for issuance or repurchase of stock and the declaration and payment of dividends.
15.1.12.J Analyze the various methods for maintaining and valuing inventory (FIFO), LIFO, etc.) and describe their effect on financial statements.
15.1.12.K Describe, calculate, and journalize the sales and cost of sales including purchases, transportation costs, sales taxes, and trade discounts.
15.1.12.L Describe and explain the criteria used to determine expenses and journalize the expense transactions.
15.1.12.M Analyze and calculate gross pay and net pay, including regular and overtime wages, commission, and piece rate.
15.1.12.N Explain how the different forms of business ownership and business operations are reported on financial statements.
15.1.12.O Compare and contrast the accrual basis and the cash basis of accounting; assess the impact of each on the financial statements.
15.1.12.P Analyze and perform the reconciliation of accounts
15.1.12.Q Prepare financial statements (including a balance sheet, profit & loss and owner’s equity) and understand their relevance.
15.1.12.R Explain the primary areas of analysis (trends, profitability, liquidity, capital structure) and the information that can be obtained from each.
15.1.12.S Analyze and perform a horizontal and vertical analysis of the income statement and balance sheet.
15.1.12.T Assess profitability, liquidity, and solvency by calculating and interpreting financial ratios.
15.1.12.U Assess capital structure by calculating and interpreting financial ratios.
15.1.12.V Analyze the use of industry averages in assessing the financial condition, operating results, profitability, liquidity, and capital structure.
15.1.12.W Analyze business activities using cash flow statements.
15.1.12.X Analyze and perform breakeven and cost benefit analyses to support financial decisions.
15.1.12.Y Determine and calculate taxable income and tax liability for both personal and business taxes.
15.1.12.Z Demonstrate an auditing procedure that provides assurance that financial records are accurate.
ENDURING UNDERSTANDING: Accounting represents formal record keeping in the business sector. It ensures that businesses can keep track of what they earn,
manage input and outflow of monies, and evaluate how they spend and invest.