scheme of work for senior secondary school 2014

SCHEME OF WORK 2014 FOR SSS MINISTRY OF EDUCATION LAGOS STATE

BUSINESS STUDIES

ACCOUNTING SS1 FIRST TERM

  1. Introduction to Book keeping and Accounting

Importance and History of Accounting in Nigeria

Users of Accounting information and purpose for which they are needed- advantages and limitations of Accounting

Career opportunities in Book keeping and Accounting

Accounting professional bodies

Accounting professional ethics

  1. Accounting concepts and convention
  2. Principles of double entries

Accounting equations

Legalization and journalisation

  1. Source documents

Meaning, uses, types-importance e.g. debit note, credit note

  1. Subsidiary books: meaning, uses, types- cash book; purchase day book-sales day book, return inwards and return outwards journal, journal proper and principal journal.
  2. Working exercise on the above subsidiary book
  3. Working exercise on ledger
  4. Ledger– meaning, purpose, rulings- rules for posting ledger accounts to e debited, to be credited

Classification of Accounts into personal, inter personal, real and nominal account

  1. One column cash book meaning and uses– working exercises on it with cash book account exercise book.
  2. Double column cash book– meaning, bank transaction, central entry, posting and balancing of cash book.
  3. Revision
  4. Examination

SECOND TERM

  1. Revision of last term’s work
  2. Discounts– types, definition

Reasons for granting discount

Calculation of discount

Discount allowed and received

Cash, trade, quantity and seasonal discount

  1. Three column cash book

Working with exercise with (accounts exercises book)

  1. Petty cash book

Meaning

Terminologies, floats

Imprest system

Reimbursement etc.

  1. Posting subsidiary books into ledgers-e. cash book, purchase day book- sales day book

Return inwards and returns outward journal and principal/journal proper

  1. Trial balance; meaning, uses

Rules for extraction

Extraction of trial balance

Working exercise

  1. Trading account: meaning

Reasons, format and preparation

  1. Profit and loss account– meaning

Reasons, format- preparation

  1. Balance sheet-definitions

Terminologies, format, working exercises

  1. Bank reconciliation statement

Definition, reasons for preparations, terminologies e.g. unpresented cheques

Reasons for differences between cash book balance and bank statement balance

  1. Revision
  2. Examination

THIRD TERM

  1. Revision
  2. Preparation of bank reconciliation with credit balance
  3. Preparation of bank reconciliation when there is bank reconciliatione. debit balance
  4. End of year adjustments in profit and loss account – accruals and prepayments accrued income
  5. Provision for bad debt, bad debts, provision for discount allowed and received.
  6. Bad debt recovered, work exercises
  7. Depreciation of fixed assets meaning, reasons, methods of provision for depreciation, elements, terminologies, amortisation and depletion
  8. Straight line and reducing balance methods, depreciation schedule, advantages and disadvantages of each method- ledger
  9. Treatment of depreciation in profit and loss and balance sheet
  10. Preparation of final accounts with end of year adjustments
  11. Revision
  12. Examination

SS2 FIRST TERM

  1. Revision
  2. Accounting errors
  3. Correction of errors with journal proper
  4. Control account and self-balancing ledger
  5. Purchase ledger control account
  6. Manufacturing account reasons, terminologies and format
  7. Manufacturing account, trading, profit and loss account
  8. Manufacturing account treatment of manufacturing account
  9. Introduction to partnership account
  10. Partnership account, working exercise, appropriation account, current account, capital account and balance sheet
  11. Revision
  12. Examination

SECOND TERM

  1. Revision
  2. Partnership account– admission of new partners, terminologies Goodwill account, valuation of assets, treatment of goodwill according to profit sharing ratio
  3. Dissolution of partnership– reasons for dissolution, entry requirements in closing the firm’s books of accounts (settlement account)
  4. Accounting ratio– introduction to mark up, margin, rate of stock turnover with working exercises
  5. Single entry/ incomplete records– meaning, limitations, statement of affairs, determination of profit and loss from statement of affairs, determination of opening and closing capital
  6. Single entry/ incomplete records– determination of profit and loss statement of affairs, preparation of trading, profit and loss accounts and balance sheet from incomplete records.
  7. Accounts of non-profit making organisation– meaning, terminologies, features of receipts and payments account and format.
  8. Receipt and payment account, income and expenditure account- meaning, rules, similarities and differences between receipts and payments account and income and expenditure account
  9. Treatment of subscriptions, other nominal ledgers in arrears and in advance
  10. Preparation of income and expenditure account and balance sheet with working exercise
  11. Revision
  12. Examination

THIRD TERM

  1. Revision
  2. Acquisition/ purchase of business, purchasing consideration, goodwill

Meaning, reason for acquisition format and working exercise

  1. Purchase of business– format preparation of new business account
  2. Company amalgamation– reasons, process and working exercise
  3. Companies formation, private, public companies, quoted and unquoted companies

Quoted and unquoted companies

  1. Nigeria financial system- meaning, component, features, operators, money market and capital market functions.
  2. Types of shares, issues of shares, distinction between classes of shares, issues of shares par, discount and premium.
  3. Preparation of accounts for issue of shares at par, discount and premium, bonus shares, right issues
  4. Loan capital- debenture type

Distinction between shares and debentures, preparation of account relating to issues all classes of shares

  1. Capital market- requirement for enlisting in capital market, second- tier security market. Advantages of capital market to

Individuals, investors, government, economy, individual companies

  1. Revision
  2. Examination

SS3 FIRST TERM

  1. Revision of SS2 WORK
  2. Preparation of company income statement
  3. Appropriation account of a company- goodwill, preliminary expenses, reserves, dividend, bonuses
  4. Company balance sheet- vertical T format
  5. Capital market

Meaning, reasons for regulation, types of regulation, condition for enlisting in capital market

  1. Security and exchange commission

Functions, objectives, protection of investors, tools of regulation, registration, surveillance and monitoring, investigations, enforcement, rule making

  1. Nigeria stock exchange

Definition, functions, operations

Members (jobbers, brokers etc.)

Abuja stock/ commodity exchange

  1. Hire purchase/instalment payment account

Sellers and hirer ledger

Goods account, finance house

Hire purchase account/interest account

  1. Consignment account

Meaning, terminologies (Decredere commission etc.)

Consignor and consignee accounts

Accounting entries in the books of the consignor

Accounting entries in the book of the consignee

  1. Joint venture

Meaning, differences between joint venture and partnership

Joint venture (individual account)

Joint venture memorandum account

  1. Revision
  2. Examination

SECOND TERM

  1. Contract account

Meaning, terminologies- notional profit, retention fee, and work certified

Work in progress, calculation of percentage of work completed

Preparation of contract account

  1. Interpretation of financial statement- calculation of ratio e.g. liquidity ratio, acid test ratio, work capital etc.
  2. Departmental account- meaning

Reasons for departmental account

Inter departmental transfer

Lost apportionment- direct allocation, turnover basis, floor area etc.

Preparation of departmental account

Differences between branch and departmental account

  1. Branch account

Meaning, types of branches- local, foreign

Reason for branch account

Branch memorandum account

Branch returns account

Branch debtor’s account

Branch profit and loss account

Brach mark up and margin

  1. Public sector accounting

Meaning basis for preparation of account, sources of government revenue

Capital/ re- current expenditures

Heads and sub heads

Capital and revenue account

Income and expenditure account

Differences between government accounting and public sector accounting- term in government accounting.

  1. Preparation of personal cost budget
  2. Revision
  3. Mock examination

ECONOMICS

SS1 FIRST TERM

  1. Meaning of economics

Definition of economics (at least five definitions)

Scope of economics (production, distribution and consumption)

Why do study economics?

  1. Economics as a science, art or social subject

Career prospects of studying economics

  1. Basic concepts of economics

Wants

Scarcity

Scale of preference

Choice

Opportunity cost

  1. Importance of opportunity cost as related to:

Individual

Firm

Government

Either as a consumer or producer

  1. Basic economic problems of society

The origin of economic problems

Problem of

What to produce?

How to produce?

For whom to produce?

Efficient use of resource. State examples of different economic system and how they solve their economic problems

  1. Basic tools for economic analysis

Table

Graphs

Charts (simple, component and multiple bar chart)

Merits and demerits

  1. Data collection and presentation

Formulation of frequency table (ungrouped data)

Measures of central tendency

Mean

Median

Mode

Merits and demerits

  1. Theory of production

Meaning of production

Types (primary, secondary and tertiary)

Factor of production and their reward

Factors that determines volume of production

  1. Land as a factor of production

Meaning

Characteristics

Uses (contribution)

Laws of diminishing return (illustrate with table and graph)

  1. Labour as a factor of production

Meaning

Types

Characteristics

Efficiency of labour

Importance of labour

  1. Revision
  2. Examination

SECOND TERM

  1. Revision

Production

Capital as a factor of production

Meaning

Types

Characteristics

Importance of capital

Entrepreneur as a factor of production

Meaning and function

  1. Division of labour

Meaning/ origin

Advantages and disadvantages

Limitations

Specialisation

Meaning

Advantages and disadvantages

  1. Scale of production (small, medium and large)

Meaning of scale of production

Characteristics of scale of production

(Internal and external economies of scale)

Internal and external economies

  1. Firm and industry

Definition of firm, plant and industry

Factors that determine the size of a firm

Concept of total product (TP), marginal product (MP) and average product (AP)

With table and graphical illustrations

  1. Business organisation

Meaning and types

Sole proprietorship and partnership

Their meaning

Characteristics

Source of fund

Advantages and disadvantages

Contributions to the economy

  1. Joint stock companies

Private and public liability companies

Characteristics

Advantages and disadvantages

Contribution to the economy

Shares, bonds, debentures etc.

  1. Cooperatives societies

Meaning

Features

Advantages and disadvantages

Public enterprises

Meaning

Features

Reasons for setting up

Merits

Demerits

  1. Population

Definition

Determinants of population size

Population growth, (increasing population and ageing) declining population

Implication of size and growth of population

  1. Population census

Definition

Types

Importance (uses)

Problems

Population structure or distribution (sex, age, geographical and occupational distribution)

  1. Theories of population

Malthusian theory

Demographic transition theory

Population and economic development: under population optimum and over population

How to control population growth

  1. Labour market

Definition

Concept of labour force

Factors affecting the size of labour force

Mobility of labour (meaning, types and importance)

  1. Revision and examination

THIRD TERM

  1. Revision of 2nd term unified examination

Distributive trade

Meaning

Channel of distribution

Process of distribution

Wholesalers (functions to producers and retailers)

Retailers (functions to wholesalers and consumers)

  1. Middlemen

Argument for or against the elimination of middlemen

Problems of product distribution in Nigeria

Ways of improving the system of distribution of consumer goods in Nigeria

Roles of government agencies in product distribution

  1. Money

Definition of money and its origin

Trade by barter system and its deficiencies

Types of money (including credit card, value card, ICT, aider payment instruments such as ATM, quick teller, paga, cashless teller machine etc.)

Characteristics of money

Functions of money

  1. Financial institutions

Meaning of financial institution

Types (traditional, commercial banks, meaning, function, and creation of credit and its limitations; Central bank meaning, functions, weapons of controlling commercial banks and its contributions to economic development)

  1. Concept of demand and supply

Demand

Meaning of demand

Law of demand

Schedule curve

Types of demand

Factors affecting demand

  1. Supply

Meaning of supply

Law of supply

Schedule and curve

Types of supply

Factors affecting supply

  1. Equilibrium price/price determination

Meaning

Use of hypothetical schedule and graph to determine equilibrium price

Calculation from hypothetical table from equations of demand and supply (i.e. Qd=Qs)

Meaning and functions of the price system and other means of determining prices

  1. The nature of the Nigerian economy

General overview of the Nigerian economy

Nature and structure of industries in Nigeria

Contribution of primary, secondary and tertiary sector

Explain economic activities of the six geo political zones

  1. Agriculture

Meaning

Components/ structure

Systems of agriculture

Contributions to the economy

Problems and solutions of agriculture

Agricultural policies in Nigeria (OFN, RBOA, NAFPP, Green revolution)

  1. Mining

Meaning

Components of the Nigerian mining industry

Minerals (types, uses and location)

  1. Revision
  2. Examination

SS2 FIRST TERM

  1. Basic tools for economic analysis

Measures of central tendency (mean, median, mode, using grouped data)

  1. Measures of dispersion

Range, variance, mean deviation, standard deviation

  1. Theory of consumer behaviour

Concept of utility (TU, AU and MU)

Law of diminishing marginal utility

Relationship between marginal utility and demand curve, utility maximisation

  1. Demand and supply

Change in quantity demanded

Change in demand

Change in supply

Effects of changes in demand and supply on equilibrium price and quantity

  1. Elasticity of demand

Meaning, types and measurement of elasticity of demand (graphical illustration)

Importance of elasticity of demand to consumers, producers and government

  1. Elasticity of supply

Meaning, types and measurement of elasticity of supply (graphical illustration)

Importance of elasticity of supply to consumers, producers and government

  1. Income elasticity of demand

Definition

Types (positive and negative)

Measurement of income elasticity of demand

  1. Cross elasticity of demand

Definition

Measurement of cross elasticity of demand

  1. Price control/legislation

Meaning

Types (minimum and maximum)

  1. Rationing and hoarding

Meaning of rationing and hoarding

Effects of rationing and hoarding

Black market and its effects

  1. Revision
  2. Examination

SECOND TERM

  1. Revision of last term’s work

Production possibility curve

Meaning and graphical illustration

Law of variable proportion

Concept of total, average and marginal productivity

  1. Cost concept

Meaning of cost of production

Meaning of cost to an Accountant and Economist

Types of cost (TC, FC, VC, AFC, MC etc.)

Explain with schedule and graph

Short run and long run cost

  1. Revenue concept

Meaning of revenue to an Economist

Types (Total, Average and Marginal revenue)

Graphical illustration, schedule and curve

Calculations

  1. Economic system

Meaning of economic system

Types of economic system (capitalism, socialism, mixed economy and welfarism)

Features of each

Factors to be considered in the adoption of the economic system

  1. Labour market

Meaning of labour market

Concept of labour force

Factors affecting the size of labour force

Efficiency and mobility of labour

  1. Supply and demand for labour

Wage determination

Unemployment (meaning and types)

Trade union

  1. Market structure

Meaning and types of market (perfect and imperfect)

Perfect (meaning, features and market equilibrium position (P=MR=MC=AR=D)

  1. Imperfect market

Meaning and types with graphical illustration

Price determination

Equilibrium position (short and long run)

  1. Industries in Nigeria

Meaning of plants, firm, industry and factory

Types of industries (mining, construction etc.)

  1. Location of industry

Meaning of location of industry

Factory affecting location of industry

Localisation of industry (meaning

Factors affecting localisation of industry

Advantages and disadvantages of localisation of industries

  1. Revision and examination

ECONOMICS SS2 THIRD TERM

  1. Revision

Money

Motive for holding money

Demand for and supply of money

Elementary quantity theory of money

Value of money and price level

  1. Financial institutions

Money market (meaning, functions and instruments used)

Capital market (meaning, functions and instruments used)

  1. Inflation

Meaning, types, causes of inflation

Effects and controls of inflation

Deflation

Meaning and causes

Effects and controls

  1. Public finance

Meaning, objectives

Taxation (meaning, types (direct and indirect)

Advantages and disadvantages

  1. Sources of government revenue

Incidence of taxation/ effects

Structures of public expenditure (re-current and capital expenditure)

  1. Budget

Meaning, types and importance

National debt (meaning and types)

Financing deficit budget

Revenue allocation in Nigeria

  1. Capital market

Meaning and functions

Stock exchange

How stock exchange operates

Secondary and primary market

Development bank (functions)

  1. National income

Meaning and concept (GDP, GNP, NNP)

Measurement of national income

Problems of measuring national income

  1. Theory of income determination

Circular flow of income

Concept of investment, consumption and savings

  1. Theory of multiplier

Meaning of the theory of multiplier

Equilibrium level on income

Multiplier effect

  1. Revision/examination

SS3 FIRST TERM

  1. Economic lessons from Asian tigers, Japan (1960-2000)

Review of the development strategies employed by the Asian tigers, Japan, Europe and America

Lessons for the Nigerian economy

  1. Human capital development

Definition

Factors that affect the efficiency of human capital

Distinguish between human and physical capital

Brain drain and its effect on the Nigerian economy

Arresting brain drain

  1. Petroleum and the Nigerian economy

Development of petroleum industry

Contributions of petroleum to the Nigerian economy (positive and negative)

Roles of NNPC in the exploration, producing, refining, marketing and distribution of petroleum products.

  1. Manufacturing and construction

Meaning of manufacturing and construction

Types of manufacturing (crafts, food processing etc.)

Construction of manufacturing and construction sector to Nigerians’ GDP.

Roles of manufacturing and construction in economy development

  1. Service industries

Meaning of service industries

Examples of service industries (tourism, transport, banking, insurance, warehouse, advertisement etc.)

Contributions of service industries to development

  1. Agencies that regulate the financial markets

Agencies that regulate money markets (i.e. CBN, NDIC etc.)

Tools/instruments used in money markets

Agencies that regulate capital markets

Objectives of regulating capital markets

Tools/instruments used in capital markets

  1. Functions and roles of regulatory agencies

Functions of CBN, NDIC, SEC etc.

Significance of the agencies in the economy

  1. International trade

Meaning and types

Reasons for international trade

Barriers of international trade

Differences between domestic and international trade

Advantages and disadvantages of international trade

  1. International trade

Reasons for trade protection

Instrument of trade protection

Theory of comparative cost advantage and its short coming

Globalization, meaning, features, challenges and opportunities globalisation presents to the Nigeria economy.

  1. Balance of payment

Balance of trade (BOT) definition and measurement

Terms of trade (TOT) definition and measurement

Balance of payment (BOP) current A/C, capital A/C and monetary movement A/C, give exercise to students. Emphasis balance, surplus and deficit balance of payment.

How to finance deficit balance of payment

Devaluation of currency. Meaning and effects

ECONOMIC SS3 SECOND TERM

  1. Economic growth and development

Definition and distinctions between economic growth and development

Underdevelopment and its characteristics

Solution to underdevelopment

Strategies for economic development

  1. Economic development planning

Meaning and reasons of planning

Types of plan

Problems of planning

Nigerians’ planning experiences

  1. International economic organisation

Historical development of these organisations (ECOWAS, ECA, IMF, IBRD, ADB, OPEC, GATT, UNCTAD)

Aims, objectives and roles of the organisations

  1. Current economic plans, MDGs, NEEDS, VISION 2020

Meaning and objectives of MDGs, NEEDS, VISION 2020

  1. Economic development challenges

Meaning and effects of poverty

Methods of poverty alleviation and eradication

Agencies for poverty alleviation (NAPEP, NDE etc.)

HIV/AIDS and the economy

Corruption and the economy

Power and energy inadequacy

  1. Economic reform programs

Consolidation of the financial institutions

Privatization and commercialisation

EFCC and ICPC

NAFDAC

SON

  1. MOCK and WAEC EXAMS
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38 thoughts on “scheme of work for senior secondary school 2014

  1. KEVIN October 13, 2015 / 9:01 pm

    THANKS A LOT

    Like

  2. Titilayo November 29, 2015 / 7:21 pm

    Thanks a lot but i need book keeping scheme of work for ss1

    Like

    • oyebadejo oyewale June 14, 2017 / 11:14 am

      pls I need scheme of work on civic education from ss1 to ss3

      Like

      • mobileyouthnigeria June 14, 2017 / 11:38 am

        ALL SCHEME OF WORK FOR SSS WILL BE UPDATED BEFORE 30TH JUNE, 2017. KEEP VISITING THIS BLOG SITE

        Like

      • mobileyouthnigeria June 14, 2017 / 11:40 am

        ALL SCHEME WILL BE READY BEFORE 30TH JUNE, 2017 KEEP VISITING AND SEND YOUR PHONE NUMBER TO 08186179982

        Like

  3. Omonido luccky February 17, 2016 / 2:59 pm

    what subject can i offer ss3 that lead to computer engeering

    Like

    • mobileyouthnigeria April 29, 2017 / 9:27 am

      Further Mathematics, Chemistry, Physics, Data Processing, Mathematics, English, Civic Education, (Economics)

      Like

      • mobileyouthnigeria June 14, 2017 / 11:40 am

        ALL SCHEME WILL BE READY BEFORE 30TH JUNE, 2017 KEEP VISITING AND SEND YOUR PHONE NUMBER TO 08186179982

        Like

  4. ishau Morufat February 19, 2016 / 7:25 am

    pls include chemistry.

    Like

  5. COSTLYHENRY AKPOTARENO September 28, 2016 / 11:53 am

    thanks a lot for this it is very helpful. can we get the one for junior secondary schools?

    Like

  6. Ozor Francis December 3, 2016 / 2:42 pm

    tanks a lot

    Like

  7. perpetual January 7, 2017 / 9:47 pm

    Please post for geography please

    Like

      • perpetua ijeh June 10, 2017 / 12:28 am

        am still waiting for geography sir.

        Like

      • mobileyouthnigeria June 14, 2017 / 11:38 am

        ALL SCHEME WILL BE READY BEFORE 30TH JUNE, 2017 KEEP VISITING AND SEND YOUR PHONE NUMBER TO 08186179982

        Like

  8. Alani Tajudeen January 22, 2017 / 12:16 pm

    Good job

    Like

  9. mercy jeremiah April 16, 2017 / 3:46 am

    Please i need a scheme on marketing for senior secondary

    Like

  10. Anita May 3, 2017 / 3:15 pm

    Pls I need a scheem for computer science ,ss1to SS2

    Like

      • mobileyouthnigeria June 14, 2017 / 11:39 am

        ALL SCHEME WILL BE READY BEFORE 30TH JUNE, 2017 KEEP VISITING AND SEND YOUR PHONE NUMBER TO 08186179982

        Like

    • mobileyouthnigeria June 14, 2017 / 11:40 am

      ALL SCHEME WILL BE READY BEFORE 30TH JUNE, 2017 KEEP VISITING AND SEND YOUR PHONE NUMBER TO 08186179982

      Like

      • Becky o June 19, 2017 / 5:51 pm

        Pls need scheme of work for fishery

        Like

      • mobileyouthnigeria June 21, 2017 / 11:34 am

        DON’T WORRY, ALL SCHEME OF WORK WILL BE AVAILABLE BY THE END OF AUGUST, 2017

        Like

  11. victoria023 May 10, 2017 / 12:48 pm

    Please, how current is this scheme of work and please I need that of commerce ss1

    Like

  12. Richard May 15, 2017 / 5:47 am

    Please i really need a scheme of work on all senior secondary school science subjects including agriculture, English and mathematics physics chemistry and Biology please

    Like

  13. Timothy Ugonna Theresa May 16, 2017 / 9:26 am

    please post for sewing, garment processing.

    Like

    • mobileyouthnigeria June 14, 2017 / 11:39 am

      ALL SCHEME WILL BE READY BEFORE 30TH JUNE, 2017 KEEP VISITING AND SEND YOUR PHONE NUMBER TO 08186179982

      Like

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