Lesson Plan
Council for Economic Education

Understanding a Balance Sheet

For Teachers 9th - 12th Standards
Read any financial website or book, and it is bound to discuss the words asset and liability. But what do these words actually mean to the class? The resource effectively explains by using multiple formats and techniques, including...
Lesson Plan
Curated OER

Preparing a Balance Sheet

For Teachers 9th - 11th
Students prepare a balance sheet. In this balance sheet lesson, students learn the parts of a balance sheet and how they are represented. Students use a formula to calculate equity.
Lesson Plan
Council for Economic Education

Balance of Payments (BOP)

For Teachers 9th - 12th Standards
Have you ever checked your clothes to see how many nations created them? Pupils take a deeper look at international trade and the balance of payments nations have with one another. They use calculations, simulations, and primary sources...
Lesson Plan
Curated OER

Finance and Accounts 1: Basic Principles

For Teachers 11th - Higher Ed
Pupils distinguish between the terms 'cost' and 'revenue' and examine the concept of 'profit'. They analyze the difference between a profit and loss account and a balance sheet.
Lesson Plan
Curated OER

Accounting

For Teachers 11th - 12th
Students explore the principals of accounting and operating a business.  In this business or financial math class, students investigate business documents, day books, bookkeeping, balance sheets, etc. in this self-paced...
Lesson Plan
Curated OER

Accounting: Work Sheet for a Service Business

For Teachers 9th - 12th
Students explore how to complete work sheets for a service business. They enter transactions that affect the owner's equity of a proprietorship into a worksheet that reviews the business activities for the past fiscal year. They...
Lesson Plan
Odyssey of the Mind

Odyssey of the Mind Curriculum Activity: Balance the Books

For Teachers 6th - 8th
There is a difference between profit and revenue, and it's up to your class to find out why. They each research the public accounting documents for their favorite company or brand. Then they use their findings to discuss the differences...
Worksheet
Curated OER

Balance Adding Integers

For Students 6th - 8th
In this positive and negative numbers activity, students complete a balance sheet by writing positive and negative numbers in the space to match transactions.  They find the balance of the account.  This one-page activity...
Lesson Plan
National Research Center for Career and Technical Education

Depreciation (Double Declining)

For Teachers 9th - 12th
Have you ever been told that your new car begins to lose its value as soon as you drive it off the lot? Aspiring accountants take on the concepts of depreciation and book value through an easy-to-deliver career and technology lesson. The...
Lesson Plan
iCivics

County Government: High School

For Teachers 9th - 12th Standards
Balancing a budget—the bane of many people's existence! Yet, its' something that must be done, especially in government systems. The resource, fourth in a seven-part series exploring local government, focuses on various exercises that...
Lesson Plan
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NASA

Rocket Wind Tunnel

For Teachers 3rd - 12th
Using a teacher-built wind tunnel constructed from a paper concrete tube form, a fan, and a balance, individuals determine the amount of drag their rocket design will experience in flight. Pupils make modifications to increase the...
Lesson Plan
Curated OER

Accounting -- Financial Statements for a Partnership

For Teachers Higher Ed
Students engage in an introduction of financial statements for a partnership set up as a merchandising business. They review the need of financial statements and how to effectively read/use financial statements.
Lesson Plan
Curated OER

Checks and Balances

For Teachers 6th - 10th
Students examine how bank checks work and follow the "journey" of a written check. They discuss how transactional accounts work, identify and discuss the various parts of a check, and participate in a simulated business transaction...
Unit Plan
Finance in the Classroom

Unit on Checking

For Teachers 9th - Higher Ed
As part of a four-lesson unit on personal finances, class members practice using a checkbook. Exercises include writing checks, filling out deposit and withdrawal slips, and keeping a check register. 
Lesson Plan
Curated OER

Balancing a Budget

For Teachers 9th - 12th
Students calculate living expenses for a non-traditional career choice. They examine interest, balancing a checkbook, and financing cars and homes.
Worksheet
Curated OER

Add and Subtract Integers Worksheet

For Students 6th - 7th
In this adding and subtracting integers worksheet, students review integer rules by completing 19 drill and practice questions. They work in pairs to compute the total left in a fictitious bank account after several withdrawals and...
Lesson Plan
Curated OER

Toothpick Bridges

For Teachers 7th - 10th
Students study the techniques of building a bridge. They explore different type of bridges and then plan and build a bridge to specified instructions. Students draw plans, keep a budget, and prepare balance sheets during their bridge...
Worksheet
Curated OER

Internet Banking and Shopping

For Students 12th - Higher Ed
In this economics worksheet, students complete an internet banking and shopping activity. For example, students check their final balance of a given balance sheet and set up a monthly Council Tax payment.
Lesson Plan
Curated OER

Organizing A Corporation And Paying A Dividend

For Teachers Higher Ed
Students engage in a instructional activity that is concerned with the establishment of a corporation. They apply accounting principles to different situations in order to make payments on a dividend. Students also investigate the basic...
Activity
Curated OER

Economics Budget Project

For Teachers 11th - 12th Standards
Your class members will have the opportunity to practice the valuable skill of constructing a personal budget using real-world resources, such as a car advertisement and grocery list. They will take into consideration monthly and yearly...
Lesson Plan
Curated OER

Oxidation Reduction

For Teachers 10th - Higher Ed
In this chemistry worksheet, students examine oxidation reduction in order to apply it in the laboratory setting. The sheet includes in depth background information.
Lesson Plan
PLS 3rd Learning

Complete Adjustment Column of a Worksheet

For Teachers 10th - 12th
Accounting is a vital skill for personal finance management and when running a business. As part of a larger activity, learners fill out the adjustments column of an accounting worksheet. They practice keeping records on a real budgeting...
Lesson Plan
Curated OER

Income Statement

For Teachers 11th - 12th
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
Lesson Plan
Curated OER

Take Charge of Your Financial Future

For Teachers 2nd - 5th
Students discuss Biz Kids understanding that it is a program to help people become financially educated. In this mathematics activity, students view an episode and discuss what they would do if given various situations like going out or...

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