Oxford High School

Courses in Economics and Business

#          Accounting I (10-12)                Full Year               1.0 Credit

Accounting I teaches students the fundamental accounting principles of a proprietorship, partnership, and corporation.  This course helps prepare students for entry level accounting or banking positions as well as future high school or college accounting courses.  Personal use areas such as banking and credit are also covered as well as introducing students to accounting cycles.  Computer applications are introduced and students learn how these applications are applied in work and home settings.

1. Enduring Understandings (broad ideas, usually grounded in the discipline):

• Understand and apply technology in the workplace.
• Develop an appreciation for the role of business in a global society.
• Understand the legal and ethical aspects of business.
• Understand the responsibility of each worker in the business and finance enterprise.
• Utilize traits associated with a positive work ethic.
• Work with people from diverse backgrounds.
• Explore career opportunities.
• Develop an appreciation for lifelong learning and further education.
• Understand and apply economic and personal finance concepts.
• Demonstrate a mastery of basic skills in communication, computation, critical thinking and decision-making.
• Transfer and adapt skills learning to different work and life situations.

2. Course Specific Goals (aligned with Content Standards):

• Apply accounting principles to entrepreneurial ventures of a small business.

• Apply essential computational skills needed by consumers, employees, and employers.

• Utilize research tools and techniques to assess, evaluate and synthesize information in order to answer questions, solve problems, and/or defend positions.

• Demonstrate the ability to identify and analyze problems and support conclusions using appropriate methods and technology.

• Utilize technology to research and communicate effectively.

• Demonstrate the ability to broaden their own intellectual interests.
   

3. Expected Performances (aligned with state Expected Performances)

• Identify accounting vocabulary.

• Identify and use the basic accounting equation

• Perform simulated banking functions.

• Complete advanced accounting applications on the computer.

• Demonstrate qualities necessary for successful interpersonal relationships in accounting when interacting with a multicultural society.

Accounting I: Scope and Sequence Calendar