Algonquin College
1385 Woodroffe Ave
Ottawa, Ontario
K2G-1V8
(613)727-4723 ext.5138
Introduction to Business, Accounting Activity
Provided by Ottawa Carleton District School Board
Last updated: June 22, 2007
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Expedition Africa at (613)727-4723 ext. 5138 or email [email protected]
Small World Big Picture, Expedition Africa 2006
Table of Contents
Summary of Lesson Plan
Summary of Lesson Plan ................... 2
OVERALL EXPECTATIONS ............... 3
SPECIFIC EXPECTATIONS ................ 3
LESSON OBJECTIVES ....................... 3
MOTIVATION ....................................... 3
By completing this set of activities, students
will be introduced to accounting procedures
including preparation of balance sheets and
income statements. Accounting software or
spreadsheets can be used.
MATERIALS ......................................... 3
INSTRUCTIONAL PLAN ..................... 4
ASSESSMENT ..................................... 4
Feedback Page.................................... 5
This lesson plan may identify specific
resources to support certain activities.
While the expedition team will attempt to
gather all the required resources, we cannot
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Introduction to Business, Accounting Activity
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Small World Big Picture, Expedition Africa 2006
Subject Area : Introduction to Business BBI2O
Unit : Introduction to Accounting
Length of Unit : 2 to 3 days
Activity Number : 1 and 2__
OVERALL EXPECTATIONS
CCV.05
- explain the role of marketing and accounting in business.
SPECIFIC EXPECTATIONS
CC5.02
– describe how effective accounting and financial statements contribute to the success
of a business.
CROSS CURRICULAR:
- Math
LESSON OBJECTIVES (Students will learn)
By completing this set of activities, students will be introduced to accounting procedures
including preparation of balance sheets and income statements. Accounting software or
spreadsheets can be used.
MOTIVATION (Hook)
As an introductory balance sheet activity, go to this link to download “Bugs and Slugs”
board game.
http://www.vcta.asn.au/html/classroom/student_centre/student_acc/bugs_and_slugs.htm
MATERIALS (Requirements)
Internet Financial Statements
http://www.dwmbeancounter.com/tutorial/lesson06.html
Bugs and Slugs board game.. balance sheet activity
http://www.vcta.asn.au/html/classroom/student_centre/student_acc/bugs_and_slugs.htm
Telus
Consolidated balance sheet:
http://about.telus.com/investors/annualreport2005/en/financials/cfs-cbs.html
Consolidated Statements of income
http://about.telus.com/investors/annualreport2005/en/financials/cfs-csi.html
Telecom Egypt
Consolidated Balance Sheets (pg 3)
Consolidated Income Statements (pg 4)
http://ir.telecomegypt.com.eg/admin/uploads/Final_December_2005_IFRS.pdf
Introduction to Business, Accounting Activity
Page 3 of 5
Small World Big Picture, Expedition Africa 2006
INSTRUCTIONAL PLAN
Part One:
Log on to http://www.dwmbeancounter.com/tutorial/lesson06.html
Complete Financial Statements tutorial lesson # 6 of “So, you want to learn
Bookkeeping!”
Part Two:
Once students have successfully completed the tutorial and have acquired basic
accounting knowledge, move onto “Bugs and Slugs” board game for a fun way to
reinforce the lesson.
Board and instructions are found at:
http://www.vcta.asn.au/html/classroom/student_centre/student_acc/bugs_and_slugs.htm
Part Three:
Familiarize students with the income statements and balance sheets of both a North
American and African cellular company.
Log on to:
1. Telus
Consolidated balance sheet:
http://about.telus.com/investors/annualreport2005/en/financials/cfs-cbs.html
Consolidated Statements of income
http://about.telus.com/investors/annualreport2005/en/financials/cfs-csi.html
2. Telecom Egypt
Consolidated Balance Sheets (pg 3)
Consolidated Income Statements (pg 4)
http://ir.telecomegypt.com.eg/admin/uploads/Final_December_2005_IFRS.pdf
Find the following items in the balance sheets between the two companies:
 Total of Capital assets in 1995
 Restructuring and Workforce Reductions accounts payable
 Property, Plant and Equipment Asset
 Stockholder’s Equity
 Revenue
 Income Expenses
ASSESSMENT
Students will create “Bugs and Slugs” type game using business transactions from both
companies’ financial statements.
Communication – correct grammar and spelling
Application – correctly applying accounting principles learned
K/U – is there evidence of correct understanding of the accounting principles learned?
T/I – do the business transactions created for this game make sense according to
standard accounting principles learned?
Introduction to Business, Accounting Activity
Page 4 of 5
Small World Big Picture, Expedition Africa 2006
Feedback Page
Please provide us with your feedback on this lesson and/or its available resources. We
welcome suggestions for improvements, additional methodologies, and/or new
resources you may have found to support the lesson(s).
If you would like to submit your own lesson plan(s) or curriculum idea(s) please contact
your school board representative listed at http://www.algonquincollege.com/africa
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Lesson Plan Title:
Introduction to Business, Accounting Activity
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