Lesson Plan in

ABM and Entrepreneurship, Research and Work Immersion

Accounting
Date: March 10, 2017
Time: 8:00 AM
Grade: XI
I. Objectives:
At the end of the lesson, the students will be able to:
a. Identify the basic accounting assumptions
b. Appreciate the importance of accounting assumptions in recording business
transactions.
c. Classify each assumption which will play a big part in accounting cycle of a business.

II. Subject Matter

Topic: Basic Accounting Assumptions
References: Fundamentals of Accounting, Millennial (2000) Edition, pp. 4-26
www.accountingcoach.com/blog/accounting-principles-assumptions
Materials: Power point Presentation (lesson content) activity sheets
Values integration: Cooperation, teamwork

III. Teaching / Learning Procedure

a. Preparatory Activities
- Games
b. Motivation
- Show Video Clip
c. Unlocking of Difficulties
1. Accounting
2. Assumptions

d. Lesson Proper
i. Group Activity
ii. Discussion
 iii. Application
- Cite different situations and let them identify what accounting
assumption is being described, if it is going concern, economic
entity, time period or monetary unit.
e. Synthesis
- Which accounting assumptions can be considered as
advantageous in Philippines businesses? Explain.
f. Generalization
- What are the advantages of accounting assumption in the
Philippine businesses today? Explain.
IV. Evaluation
- How important is the concept of accounting assumption in
todays business?
V. Assignment/ Agreement
- Study for a long quiz tomorrow

Prepared by:

Marian B. Medio
SHS Applicant