Gr 10 Acc ATP 2023 24

2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 (TERM 1) TERM 1 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 WEEK 11 CAPS TOPIC- ASSESS PRIOR KNOWLEDGE GRADE 8 & 9 BOOKKEEPING OF A SOLE TRADER Revision INFORMAL/INDIGENOUS BOOKKEEPING Control test INTERNAL CONTROL ETHICS, GAAP BOOKKEEPING OF A SOLE TRADER: CASH TRANSACTIONS, ADDRESSING CREDIT TRANSACTIONS AS A BOOKKEEPING OF THE SOLE TRADER COMBINED CASH AND Remediation CRJ, CPJ, PCJ, GENERAL LEDGER, TRIAL BALANCE, SOLE TRADER: DJ, DAJ, CJ, CAJ, GJ, CREDIT TRANSACTIONS ACCOUNTING EQUATION LEDGERS (DL AND CL), TRIAL BALANCE, ACCOUNTING EQUATION CORE Prior knowledge: Assessing work covered in Gr8 and 9 – • Define/explain accounting concepts up to financial statements: Sole trader, debit, credit, equity, capital, assets, liabilities, ledger, journal, profit, loss, income/revenue, expenses, discounts (allowed and CONCEPTS, concepts and basic bookkeeping received), final accounts, financial statements, accounting cycle, financial accounting, managerial accounting, perpetual inventory system SKILLS AND Compare bookkeeping systems of informal vs. formal Relating current procedures with indigenous practices • Assess bookkeeping concepts and procedures • Preparing all journals (CRJ, CPJ, DJ, DAJ, CJ, CAJ) from given VALUES sectors: covered in Grade 8 & 9 information/activities • Accounting cycle based on perpetual inventory system: Source • Capital, fixed assets, stock, cost price, labour cost, documents, journals (CRJ, CPJ, PCJ), principles of the double entry • Relating current procedures with indigenous • Introduce FJ (including bad debts, interest on overdue accounts, selling price, income, expenses, profit system in the ledger practices corrections of errors) • Management of resources (capital, fixed assets, stock, • Complete CRJ, CPJ, PCJ using templates in the correct format • Credit transactions: DJ, CJ, DAJ, CAJ • Posting to the Ledgers: GL, DL and CL etc.) • Indicate the effect of various cash transactions on the accounting • Posting to general, debtors and creditors’ • Preparing trial balance Internal control: Process of determining selling prices, equation ledgers • Analysing control accounts (debtors and creditors) cost of sales, labour costs, income + expenses • Post to relevant general ledger accounts (balance sheet accounts • Prepare the trial balance • Analysing transactions in terms of the accounting equation • Define/explain: Meaning of internal control section and nominal accounts section) • Indicate the effect of transactions on the Integrate relevant internal control measures, ethics considerations: • Identify/explain basic internal control processes: Control • Draw up trial balance in the correct format accounting equation of a sole trader • Handling of stock environment, risk assessment, control activity supported Integrate relevant internal control measures, ethics considerations: Integrate relevant internal control measures, by policy and procedures, information system and • Handling of cash (cash management) • Handling of stock ethics considerations: communication methods, monitoring performance • Handling debtors and creditors (managing credit) • Handling of cash (cash management) • Handling of stock Code of ethics • Management and control over fixed assets • Management and control over fixed assets • Handling of cash (cash management) • Explain code of ethics applicable to all parties in the • Handling debtors and creditors (managing credit) financial environment • Management and control over fixed assets GAAP • Basic principles, e.g., leadership, discipline, transparency, accountability, fairness, sustainability and responsible management Define/explain GAAP principles: Historical cost, prudence, materiality, business entity rule, going concern and matching REQUISITE • Define informal and formal business sectors Revise the accounting cycle Revise Gr 8 and 9 content on source documents, relevant journals and posting to the general, debtor’s and creditor’s ledgers PRE- Presentation methods, e.g., PPT, posters, scrapbooking, Grs 8 and 9 content: Source documents, relevant, posting to the KNOWLEDGE etc. general ledger, trial balance Background of General Accepted Accounting Principles * The method of payment shifted from Cheques to EFT (electronic (GAAP) funds transfers) in the CPJ – adapt activities accordingly Background/importance of internal control/ethics in any business RESOURCES Internet and video clips, field visits to actual businesses, Collect used/blank source documents (bank statement, EFT/ATM-slips etc.) (OTHER THAN case studies, invite vendor or entrepreneur to visit the Complete journals on computer software/spreadsheets TEXTBOOK) school Accounting workbooks/stationery (prepared templates for journals, ledger accounts and trial balance) TO ENHANCE Newspaper articles/case studies/internet research on LEARNING ethical/unethical business practice/ implications of internal control INFORMAL Data response task/short scenarios Complete source documents (actual/simulated/own templates) ASSESSMENT Short tests on journals, ledger and trial balance SBA (FORMAL Presentation: Discuss task + rubric a week before TASK 1: PRESENTATION (50 marks) TASK 2: CONTROL TEST 1 (100 marks, 1½ hours) ASSESSMENT) administration (Suggested time: week 5-6) Term 1 work (Time: Week 11) Downloaded from hlayiso.com 1

2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 (TERM 2) TERM 2 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 WEEK 11 CAPS TOPIC BOOKKEEPING OF A SOLE TRADER SALARIES AND WAGES YEAR-END ACCOUNTING PROCEDURES, REVISION PRE- AND POST-ADJUSTMENT TRIAL CONTROL TEST BOOKKEEPING OF THE SOLE TRADER COMBINED CASH AND CREDIT DEBTORS AND CREDITORS RECONCILIATION BALANCE, FINAL ACCOUNTS TRANSACTIONS REMEDIATION CORE Competency in dealing with combined activities including cash and credit • Ability to analyse the control accounts (debtors Explanation/discussion off concepts related to • Emphasis on accounting cycle CONCEPTS, transactions and creditor) and compare with list of salaries and wages • Discussion on year-end processes before SKILLS AND Completing of the relevant journals from given information debtors/creditors • Calculations using salary and/or wage financial statements VALUES Posting to subsidiary ledger and the general ledger • Preparation of debtors’ and creditors’ lists to scales, notches increases and deductions • Related concepts, application of GAAP Extracting the trial balance in the correct format reconcile with the debtors’ and creditors’ control • Recording salary and wages in specialised • Preparation of final accounts, introducing accounts journal (SJ and WJ)* adjustments to complete final accounts Indicate the effect of transactions on the accounting equation of a sole trader • Identifying errors and omissions and prepare • Recording payments (CPJ)* • Pre-adjustment trial balance adjustments: Relevant internal control and ethics (integrated): Related to handling stock, debtors and creditors list to reconcile with the *This can be done manually or on a debtors, creditors and cash - Depreciation* cover more extensively as control accounts computerised spreadsheet Identification of ethical scenarios (accountability and transparency) part of the fixed assets component for P2 *Mediation of the assignment (Task 3) Relevant concepts/content for explanation and - Methods (straight line and diminishing discussion: balance), rate, additions during the year, • Normal time/overtime asset register • Deductions - PAYE - Pension fund - Unemployment Insurance Fund - Medical aid - Union membership • Employer contributions - Pension fund - Unemployment Insurance Fund - Medical aid - Skills development levy Ethical conduct related to salaries & wages, contracts, nepotism, payment in line with responsibilities, role of trade unions REQUISITE Cash and credit transactions, understanding of the double-entry principle Understanding of the control accounts in the Concepts and differences between salaries Accounting cycle, GAAP principles and basic PRE- Understanding of the accounting cycle general ledger and subsidiary ledgers and wages covered in gr 8 or 9. accounting concepts, e.g., income, KNOWLEDGE expenses, profit, loss RESOURCES Collect used/blank source documents, completed journals on computer software Accounting stationery/workbooks, worksheets Examples of salary advice slips, payrolls, Accounting stationery/workbooks, (OTHER THAN Accounting stationery, worksheets and support material provided by department and support material provided by department current tax tables from the SARS website worksheets and support material TEXTBOOK) Study guides, publications, e-learning resources Study guides, publications, e-learning resources Accounting stationery/workbooks, worksheets Study guides, publications, e-learning TO ENHANCE Educational websites and links to resources and support material resources Educational websites and links to resources LEARNING Study guides, publications, e-learning Past Gr 10 test/exam papers/DBE exemplars resources Worksheets and support material Educational websites and links to resources Educational websites and links to resources INFORMAL Short test/quiz to identify journals from given transactions Short test/practical bookkeeping tasks Short tests on salary and wages calculations Short tests/e-learning activities, on journal ASSESSMENT Practical bookkeeping tasks and journals entries of adjustments/calculations of depreciation SBA (FORMAL Project (formal bookkeeping) manual or electronically TASK 3: PROJECT (50 marks) TASK 4: JUNE EXAMINATION ASSESSMENT) Discuss task + rubric (marking guideline) Time: Week 4-5 150 X 2 papers = 300 marks, 2 hours each Recommended that this be completed in class (use a piecemeal approach) (Time: Week 10-11) Downloaded from hlayiso.com 2

2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 (TERM 3) TERM 3 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 WEEK 11 CAPS TOPIC YEAR-END ACCOUNTING PROCEDURES, PRE- AND POST- PREPARATION OF FINANCIAL STATEMENTS ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENTS REVISION ADJUSTMENT TRIAL BALANCE, FINAL ACCOUNTS CONTROL TEST REMEDIATION CORE Continuation of year-end procedures from term 2 Statement of comprehensive income (income statement) Introduction and relevance of financial statements CONCEPTS, Adjustment: (After depreciation) Format and arrangement, recognise and deal with nominal accounts as opposed to balance sheet Calculation and discussion of relevant financial indicators: SKILLS AND - Trading stock deficit/surplus accounts Profitability VALUES Explanation of headings and sub-headings in relation to the format - Consumable stores on hand • Gross profit on sales - Accrued income (income receivable) Dealing with adjustments in the acceptable procedures (showing workings in brackets) • Gross profit on cost of sales - Accrued expenses (expenses payable) Statement of financial position (balance sheet) • Net profit on sales - Prepaid expenses Format and arrangement, recognise and deal with balance sheet accounts as opposed to nominal • Operating expenses on sales - Income received in advance (deferred income accounts • Operating profit on sales - Interest capitalised Headings and sub-headings explained and emphasised Liquidity - Correction of errors and omissions such as bad debts, salaries, etc. Effect of adjustments to balance sheet sub-headings (trade and other receivable, trade and other • Current ratio payables) • Extracting a post-adjustment trial balance in the correct format • Acid-test ratio Notes to the financial statements • Completing the final accounts to show gross and net profit Solvency Interest, fixed assets, inventory, trade and other receivables, cash and cash equivalents • Preparation of post-closing trial balance • Solvency ratio Owner’s equity, trade and other payables Return Relate to applicable GAAP principles • Return on owner’s equity Integrate indigenous bookkeeping Discuss in relation to the appropriate financial statements Apply GAAP Interpretation: Explanations of comparing percentages and ratios to provide meaningful comments and analysis *Make reference to the formula sheet (mediate how to use this document) REQUISITE Depreciation Accounting cycle, final accounts, year-end adjustments, GAAP principles Understanding the information in the financial statements PRE- GAAP principles, year-end adjustments and the accounting cycle KNOWLEDGE RESOURCES Templates for the correct formats of the different financial statements Accounting stationery/workbooks (including worksheets and/or templates) (OTHER THAN Accounting stationery (including worksheets and/or templates) Study guides, publications, e-learning resources TEXTBOOK) Study guides, publications, e-learning resources. Educational websites and links to resources TO ENHANCE Educational websites and links to resources LEARNING INFORMAL Short tests on adjustments (journal/ledger entries) Short tests, scenarios for comparison, practical case studies, discussion ASSESSMENT Consolidation activities on the formats of financial statements and debate Short class informal activities on specific areas of concern SBA (FORMAL Discuss task + assessment instrument (rubric/marking guidelines) TASK 5: CASE STUDY (50 marks) TASK 6: CONTROL TEST (100 marks, 1½ hours) ASSESSMENT) Controlled conditions recommended Financial statements of sole trader Term 3 Content Time: Week 7 & 8 Time: Week 11 Downloaded from hlayiso.com 3

2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 2023/24 ANNUAL TEACHING PLANS: ACCOUNTING: GRADE 10 (TERM 4) TERM 4 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 CAPS TOPIC COST ACCOUNTING BUDGETING REVISION FINAL EXAMINATION CORE Explanation of unique concepts related to the manufacturing Define and explain basic Revision and consolidation, addressing backlogs, providing extension activities PAPER 1 PAPER 2 CONCEPTS, environment budgeting concepts and enrichment for differentiated support 150 marks, 2 hours 150 marks, 2 hours SKILLS AND Explanation and discussion on: • Cash budget VALUES Discipline 1: Discipline 2: • Direct and indirect material • Zero-based budget Recording, reporting & evaluation of financial Internal management and control processes • Direct and indirect labour • Capital budget statements • Factory overheads • Long-term budget • Each paper must be written on different dates • Prime costs • Medium-term budget • Grade 10 formula sheet is provided with each question paper • Fixed and variable costs Perform basic calculations • Answer book form part of the QP (with acceptable formats and certain information given) • Work-in-progress Emphasis on basic calculations #Refer to exam guideline for further information regarding cognitive levels and problem-solving Integrate ethics, internal control and indigenous where relevant composition, as follows: • Basic thinking skills 30% (Easy) REQUISITE Background knowledge of a factory/manufacturing business Differentiate between Revision of all Gr 10 topics PRE- cash and non-cash items • Moderately high thinking 40% (Moderate) Relevant concepts e.g., inventories, salaries & wages and Split of content for two-paper exam available in the exam guideline KNOWLEDGE other expenses Concepts, e.g., receipts, • Higher order thinking 30% (Difficult) payments, income, 10-15% of problem-solving questions expenses RESOURCES Case studies/scenarios from various sources Case studies/scenarios (OTHER THAN Previous Grade 10 question papers from various sources TEXTBOOK) Previous Grade 10 TO ENHANCE question papers LEARNING INFORMAL Short scenario to illustrate cost calculations and cost Short scenario to illustrate ASSESSMENT centres in a manufacturing environment budget concepts and Short tests calculations Short tests SBA (FORMAL TASK 7: FINAL EXAM ASSESSMENT) (Two papers of 150 marks, 2 hours each) Downloaded from hlayiso.com 4