S.3 Entrepreneurship, Term 3
Introduction to Principles of Accounting II
What you will learn
S.3 · Entrepreneurship · Term 3
Introduction to Principles of Accounting II
Competency
The learner uses relevant books of original entry to process financial information gathered from source documents. PERIODS: 92
| No. | The learner should | Type |
|---|---|---|
| 1 | Know the statement of profit or loss and other comprehensive income Understanding | Understanding |
| 2 | Prepare a statement of profit or loss and other comprehensive income KnowledgeUnderstandingSkills | KnowledgeUnderstandingSkills |
| 3 | Understand the key components of a balance sheet and how spreadsheets support them Understanding | Understanding |
| 4 | Know the accounting equation, create and edit simple worksheets using the correct formulae KnowledgeUnderstandingGeneric skills | KnowledgeUnderstandingGeneric skills |
| 5 | Prepare a balance sheet, using spreadsheets and a calculator where appropriate UnderstandingGeneric skills | UnderstandingGeneric skills |
What do the labels mean?
Each learning outcome is tagged with what it builds: Knowledge (facts you can recall), Understanding (explaining why), Skills (things you can do), Values & attitudes, and Generic skills such as communication and critical thinking.
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