VISIONARY ACADEMIC SCHOOL

ACCOUNTING SCHEME OF WORK (IGCSE)

YEAR___________9_____
TERM 1
WEEK
1

TOPIC
INTRODUCTION
TO A/C
PRINCIPLES

ACCOUNTING
CONCEPTS
AND
STANDARDS
THE A/C
EQUATION

SUB-TOPIC
NEED FOR
ACCOUTING

Revision and CAT

1
DOUBLE ENTRY
FOR CASH
TRANSACTIONS

RULES FOR
DOUBLE
ENTRY
PURCHASING
AND SELLING
STOCK IN
CASH

OBJECTIVES
By The end of the lesson the learner should be able to:
- Define accounting.
- State the importance/needs for accounting
By the end of the lesson the learner should be able to:
- State the fundamental concepts.
- Explain on the need for a/c standards

REF
Edexcel IGCSE Account.
Pg 1 3
Frank wood Accounts Pg 5 - 6
Edexcel IGCSE Account.
Pg 5 - 6
Frank wood Accounts pg 4 5

By the end of the lesson the learner should be able to:

- Define assets, capital and liabilities.
- Calculate capital given value of assets and
liabilities.

Edexcel IGCSE Account.

Pg 16 - 8
Frank wood Accounts pg 7 -8

By the end of the lesson the learner should be able to:

- Describe the feature of an account.
- List assets, liabilities and capital and explain
when we debit and credit the various item.
By the end of the lesson the learner should be able to:
- Record a transaction involving purchase of
goods in cash in the books of accounts.
- Record a transaction involving selling of goods
in cash on the books of accounts.
- Record a transaction involving selling of goods
in cash on the books of accounts.

Edexcel IGCSE Account.

Pg 11 - 19
Frank wood Accounts
pg1820
Edexcel IGCSE Account.
Pg 28 35
Frank woods Accounts
Pg 28 35

REMARKS

PAYING
By the end of the lesson the leaner should be able to:
ENPENSES AND
- Record a payment of expenses by cash in the
RECEIIVNG
books of accounts.
Record a receipt of incomes in cash in the
INCOMES IN
books of accounts.
CASH
By the end of the lesson the learner should be able to:
- By use of examples define a credit transaction.
Record a transaction involving purchase of
stock on credit.
Record a transaction involving payment for
credit purchases of stock.

Edexcel IGCSE Account.

Pg 16 19
Frank wood Accounts
Pg 39 45

SALE OF
STOCK CREDIT

By the end of the lesson the learner should be able to:

- Record a transaction involving payment for
credit sales

RETURNS OF
STOCK

By the end of the lesson the learner should be able to:

- Record transactions involving returns of stock.

10

EXPENSES ON
CREDIT

By the end of the lesson the learner should be able to:

- Record transactions involving credit expenses
and payment for credit expenses.

BALANCING
ACCOUNTS

By the end of the lesson the learner should be able to:

- Balance ledger accounts.

Edexcel IGCSE Account.

Pg 24
Frank wood Accounts
Pg 28 35
Edexcel IGCSE Account.
Pg 25 - 26
Frank wood Accounts
Pg 31 32
Edexcel IGCSE Account.
Pg 26 - 28
Frank wood Accounts
Pg 39 45
Edexcel IGCSE Account.
Pg 32 - 34
Frank wood Accounts
Pg 50 58

TRIAL
BALANCE AND
ERRORS

By the end of the lesson the learner should be able to:

- Describe the errors not revealed by the trial
balance.
- Post transactions from ledger accounts to the
trial balance.
By the end of the lesson the learner should be able to:

11

DOUBLE ENTRY
PURCHASE OF
FOR CREDIT
STOCK ON
TRANSACIONS
CREDIT

BALANCING OF
ACCOUNTS AND
PREPARATION
OF A TRIAL
BALANCE

12

13

VALUE ADDED

PAYMENT AND

Edexcel IGCSE Account.

Pg 23
Frank wood Accounts
Pg 28 - 35

Edexcel IGCSE Account.

Pg 38 - 39
Frank wood Accounts
Pg 59 65
Edexcel IGCSE Account.

TAX

V.A.T RATES

14

CALCULATING
V.A.T

15

VALUE ADDED
TAX ACCOUNT

Describe the process of VAT tax collection

Describe the various rates applicable to goods
and services for VAT purposes.
By the end of the lesson should be able to:
- Calculate VAT when it has already been
included in the price.
- Calculate VAT on the net price of goods after
cash discount has been deducted.
By the end of the lesson should be able to:
- Prepare value added tax account and VAT
return given details of their purchases, sale and
expenses.

Pg 43 - 44
Frank wood Accounts
Pg 202 207
Edexcel IGCSE Account.
Pg 16 19
Frank wood Accounts
Pg 39 45
Edexcel IGCSE Account.
Pg 47 - 48
Frank wood Accounts
Pg 202 217

ERM 2 ACCOUNTING SCHEMES OF WORK

1

BUSINESS
DOCUMANTATIO
N.

3 and 4 CAPITAL AND

REVENUE
EXPENDITURE

PURCHASE
ORDER,
INVOICE,
CREDIT NOTE

By the end of the lesson the learner should be able to:

- Sate the various document used in buying and
selling process.
- State contents of a purchase order, an invoice
and a credit note.
STATEMENT OF By the end of the lesson, the learner should be able to:
ACCOUNT ,
- Describe the format of a statement of account
ADVICE NOTE
and an advice note.
- State sources documents for the various books
of original entry
REVENUE
By the end of the lesson the learner should be able to:
EXPENDITURE
- Differentiate between capital and revenue
expenditure.
- Analyse the treatment of revenue expenditure
items in the books.
Capital
By the end of the lesson the learner should be able to:
expenditure
- Differentiate between capital and revenue
receipts.
- Analyse the treatment of capital expenditure
items in the books.

Edexcel IGCSE Account.

Pg 51 - 53

Edexcel IGCSE Account.

Pg 54 56

Edexcel IGCSE Account.

Pg 57
Frank Wood Accounts Pg 262

Edexcel IGCSE Account.

Pg 57 61
Frank Wood Accounts Pg 261

CASH BOOKS

Joint Expenditure

By the end of the lesson the learner should be able to:

- Understand that some expenditure is part
capital and part revenue.
- Charge the values you capital and revenue
expenditure given the joint expenditure.

Edexcel IGCSE Account.

Pg 58 - 61
Frank Wood Accounts Pg 263

Format of a cash
book

By the end of the lesson the learner should be able to:

- Draw up the format to a two column cash book
and a three column cash book.
By the end of the lesson the learner should be able to:
- Post transactions correctly on the debit side of
the two column cash book.
- Post transactions correctly on the credit side of
the two column cash book.
By the end of the lesson the learner should be able to:
- Define discount.
- Differentiate between trade and cash discount.
- Post cash discounts in the respective ledger
accounts.
By the end of the lesson the learner should be able to:
- Post transactions correctly on the debit side of
the tree column cash book.
- Post transactions correctly on the credit side of
the three column cash book.
By the end of the lesson the learner should be able to:
- State the sequence of entries following receipt
of a purchases invoice.
- Enter purchases invoices into purchase day
book + VAT.

Edexcel IGCSE Account.

Pg 86 - 88
Frank Wood Accounts Pg 142
Edexcel IGCSE Account.
Pg 87 - 97
Frank Wood Accounts
Pg 138 144

By the end of the lesson the learner should be able to:

- Post entries from the purchases day book to the
relevant legers i.e purchases ledger and general
ledger (including VAT Accounts).
- Post entries of transactions involving VAT to

Edexcel IGCSE Account.

Pg 71 - 74
Frank Wood Accounts
Pg 164 169

TWO COLUMN
CASHBOOK

DISCOUNT
TRRADE AND
CASH
DISCOUNT

10

THREE
COLUMN
CASHBOOK

11

12

PURCHASES
DAY BOOK
INCLUNDING
VAT

SEQUENCE OF
ENTERIES
FOLLOWING
RECEIPT OF
PURCHASE
INVOICE
PURCHASES
DAY BOOK
CONTINUATIO
N

Edexcel IGCSE Account.

Pg 87 - 97
Frank Wood Accounts
Pg 142 144
Edexcel IGCSE Account.
Pg 87 - 99
Frank Wood Accounts
Pg 142 - 154
Edexcel IGCSE Account.
Pg 71 - 74
Frank Wood Accounts
Pg 164 - 169

13

SALES DAY
BOOK
INCLUNDING
VAT

14

SEQUENCE OF
EVENT

POSTING
TRANSACTION
S INTO THE
SALES DAY
BOOK
POSTING
TRANSACTION
S FROM THE
SALES DAY
BOOK TO THE
LEDGER A/C

15

relevant ledgers after entering them in the

purchases day book.
By the end of the lesson the learner should be able to:
- State the sequence of event following the sales
of goods on credit

Edexcel IGCSE A/C

pg 62 68
Frank Woods Accounts
Pg 15 - 163

By the end of the lesson the learner should be able to:

- Post transactions correctly into the sales day
book.

Edexcel IGCSE A/C

pg 62 - 68
Frank Woods Accounts
Pg 155 163

By the end of the lesson the learner should be able to:

- Post transactions correctly from the sales day
book to the general ledger.
- Post transactions correctly

Edexcel IGCSE A/C

pg 62 - 68
Frank Woods Accounts
Pg 155 163

REVISION AND
EXAM

YEAR 9 TERM 3
1

PETTY CASH
AND THE
IMPREST
SYSTEM

THE JOURNAL

THE IMPREST
SYSTEM

By the end of the lesson the learner should be able to:

- State the meaning of an imprest of a
reimbursement and a float.

Edexcel IGCSE A/C

Pg 98 - 105
Frank Woods Accounts
Pg 193 - 194

The petty cash

book

By the end of the lesson the learner should be able:

- Draw the format of a petty cash book.
- Enter transactions into the petty cash book.

INTRODUCTIO

By the end of the lesson the learner should be able to:

Edexcel IGCSE A/C

pg 98 - 105
Frank Woods Accounts
Pg 195 201
Edexcel IGCSE A/C

BANK
RECONCILIATIO
N STATEMENT

ERRORS NOT
AFFECTING
THE TRIAL
BALANCE
ERRORS
AFFECTING
THE TRIAL
BALANCE
Items Needing
Reconciliation

Updating the cash

book

8 and 9

Bank
reconciliation
statement
preparation

Draw up the format of the general journal.

Identify the journal as a book of original entry.

By the end of the lesson the learner should be able to:

- State ere not affecting the trial balance.
- Correct errors not affecting the trial balance.
By end of the lesson the learner should be able to:
- Write up the suspense account for the
correction of errors.
- Correct errors affecting the trial balance.
By the end of the lesson the learner should be able to:
- Explain on the causes for the difference
between the cash book balance.
- State the reason for preparation of bank
reconciliation statements.
By the end of the lesson the learner should be able to:
- To draw up an updated cash book given the
bank reconciliation statement
By the end of the lesson the learner should be able to:
- Draw up an updated cashbook given extracts
of the cash book and the bank statement.
- Draw up a bank reconciliation statement given
the extracts on the cash book and the bank
statement.
REVISION AND EXAM

pg 116 117
Frank Woods Accounts
Pg 182 - 183
Edexcel IGCSE A/C
pg 119 - 124
Frank Woods Accounts
Pg 195 201

Edexcel IGCSE A/C

pg 106 - 109
Frank Woods Accounts
Pg 357 369
Edexcel IGCSE A/C
Pg 109 - 115
Frank Woods Accounts
Pg 357 369
Edexcel IGCSE A/C
pg 109 - 115
Frank Woods Accounts
Pg 357 369