Council for Economic Education
Understanding a Balance Sheet
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...
Curated OER
Preparing a Balance Sheet
Students prepare a balance sheet. In this balance sheet instructional activity, students learn the parts of a balance sheet and how they are represented. Students use a formula to calculate equity.
Council for Economic Education
Balance of Payments (BOP)
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...
Curated OER
Finance and Accounts 1: Basic Principles
Students 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.
Curated OER
Accounting
Young scholars 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...
Odyssey of the Mind
Odyssey of the Mind Curriculum Activity: Balance the Books
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...
National Research Center for Career and Technical Education
Depreciation (Double Declining)
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...
iCivics
County Government: High School
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...
Curated OER
Accounting: Work Sheet for a Service Business
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...
NASA
Rocket Wind Tunnel
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...
Curated OER
Accounting -- Financial Statements for a Partnership
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.
Curated OER
Checks and Balances
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...
Curated OER
Balancing a Budget
Students calculate living expenses for a non-traditional career choice. They examine interest, balancing a checkbook, and financing cars and homes.
Curated OER
Toothpick Bridges
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...
Curated OER
Organizing A Corporation And Paying A Dividend
Students engage in a lesson 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 accounting cycle.
Curated OER
Oxidation Reduction
For this chemistry worksheet, students examine oxidation reduction in order to apply it in the laboratory setting. The sheet includes in depth background information.
Curated OER
Income Statement
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...
PLS 3rd Learning
Complete Adjustment Column of a Worksheet
Accounting is a vital skill for personal finance management and when running a business. As part of a larger lesson plan, learners fill out the adjustments column of an accounting worksheet. They practice keeping records on a real...
Curated OER
Take Charge of Your Financial Future
Students discuss Biz Kids understanding that it is a program to help people become financially educated. In this mathematics lesson, students view an episode and discuss what they would do if given various situations like going out or...
Curated OER
Small Busines Schemes
Students investigate a small business and its profitability. In pairs, as they research a business adventure, students consider the capital outlay, maintenance, office space, prices, insurance, and profit and loss statements. Students...
Curated OER
Balancing a Budget
Students investigate money management. In this secondary mathematics lesson, students participate in a cost-of-living budget simulation in which they calculate monthly and yearly projected costs. Students investigate housing...
Curated OER
Income and Expenses
Young scholars discuss income and expenses. In this lesson on money, students define income and expenses, after whith they keep track of their income and expense transactions on a basic ledger.
Curated OER
ADULT ESOL LESSON PLAN--Level 2--Time and Money
Students, while daily reviewing an extensive vocabulary list of terms on the board, explore/identify what checking/saving accounts are used for as well as the process of writing a check.
Curated OER
There's No Accountin with Ledgers
Tenth graders create and maintain a ledger, write an essay for the process, and learn to keep financial accounts through the ledger. In this ledger lesson, 10th graders define an accounting ledger and create one for the money they've...