1

CITY OF BURLINGTON PUBLIC SCHOOL DISTRICT CURRICULUM

Accounting I

Revision Date: July 17, 2018

Submitted by: Jennifer Herpen

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Table of Contents: Course Overview 3

Pacing Chart 4

Unit #1 Overview At-a-Glance 5

Unit #1 Targeted Instructional Planning to Address Central Unit Standards 8

Unit #2 Overview At-a-Glance 14

Unit #2 Targeted Instructional Planning to Address Central Unit Standards 17

3

Course Overview In this course, students will be able to identify accounting concepts and practices related to starting a service business organized as

a proprietorship. Understand the role that an accountant plays in a business and society. Describe career opportunities in the

accounting profession. Demonstrate the skills and competencies required to be successful in the accounting profession and/or in an

accounting-related field. Develop and understanding and working knowledge of an annual report and financial statements. Identify

and describe generally accepted accounting principles (GAAP); explain how the application of GAAP impacts the recording of

financial transactions and the preparation of financial statements.

Primary Resource(s)

Textbooks

Title: Century 21 Accounting General Journal 10th Edition

Publisher: South-Western Cengage Learning. Copyright: 2017

Supplemental Materials (including various level of texts at each grade level)

Technology: Aplia, Online Working Papers, Automated Accounting, Accounting with QuickBooks, Microsoft Excel, & Accounting

Website. The Stock Market Game.

4

Pacing Chart

Unit # & Title Pacing (must equal 165 days for full-

year or 83 days for half-year course)

Unit 1: Accounting for a Business Organized as a Proprietorship

& Exploring Careers in the Finance Industry

100

Unit 2: Accounting for a Merchandising Business Organized as

a Corporation & The Stock Market Game

65

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Unit 1 Overview At-a-Glance Unit #1 – Title: Starting a Proprietorship, Analyzing Transactions, & Journalizing Transactions

Unit Description:

The business described in this unit is a service business organized as a proprietorship. The business begins with a cash investment by the

owner. All accounting concepts and procedures in this part are described within the context of the accounting cycle so that students can

see how each procedure contributes to the overall financial picture of the business. Additionally, students will have the opportunity to

explore accounting careers in the finance industry. Studying different types of accountants, and the process to becoming an accountant,

including educational requirements, the cost of the education, and subsequent compliance for becoming a CPA.

Essential Skills:

Explore accounting career opportunities

Compare and contrast various accounting occupations

Describe methods of communicating accounting information

Evaluate how ethical business decisions are made

Explain and apply the accounting equation to real-world situations

Define and apply accounting terms, concepts, and practices related to the organization of business proprietorships

Analyze how the transactions related to a business proprietorship affect accounts within an accounting equation

Compare and contrast accounting changes and practices that affect owner’s equity within a business proprietorship using the accounting

equation

Describe the advantages and disadvantages of sole proprietorships

Explain how a partnership may be formed and dissolved

Identify the advantages and disadvantages of a partnership

Analyze the rights and duties of partners

Distinguish between a general partner and a limited partner

Explore the characteristics of small businesses

Evaluate the advantages and disadvantages of owning a business

Using accounting terms and practices analyze debit and credit transactions

Analyze T accounts to differentiate between debit and credit transactions

Record selected transactions in a general journal

Classify accounts within specific businesses as assets, liabilities, or owner’s equity

Prepare a balance sheet from information in an accounting equation

6

Construct a chart of accounts

Apply file maintenance principle to update a chart of accounts

Demonstrate how to prove cash

Analyze incorrect journal entries and prepare correcting entries

Demonstrate how to correct errors made during the posting process

Prepare a check and a deposit slip

Complete a bank statement reconciliation

Prepare a petty cash fund

Prepare the trial balance of a worksheet

Prepare the Balance Sheet and Income Statement columns of a work sheet

Journalize and post adjusting entries in a work sheet

Calculate and analyze financial ratios using income statement amounts

Journalize and post-closing entries

Prepare a post-closing trial balance

Standards Addressed within this Unit

Central Unit Standards- learning goals aligned with the

following standards:

8.1.12.A.2-5 (NJSLS Technology)

8.1.12.E1-2 (NJSLS Technology)

9.1.12.E.1-3 (Personal Finance)

9.2.12.C.1-9 (Career Awareness, Exploration, and Preparation)

9.3.GV-REG.1(Regulation)

9.3.FN-ACT.1-4 (Finance Career Cluster)

Supporting Unit Standards- This unit will also include activities

aligned with the following standards: CPR 1, 2, 4, 7, 9

NJSLSA.R1. Read closely to determine what the text says

explicitly and to make logical inferences and relevant connections

from it; cite specific textual evidence when writing or speaking to

support conclusions drawn from the text.

7

Unit Details

Modifications for Special Education Students,

English Language Learners, Students at Risk

of Failure, and Gifted Students- Modify

instructional approach and/or assignments and

evaluations as needed based for students with

IEPs, 504s, ELLs and gifted and talented

students including but not limited to:

Lanschool

Google Translate

Student Partners

Student Portfolios

Visual aids – English word next to images

Use a variety of materials: oral, visual,

graphic, etc.

Extended time

Teacher modeling

Integration of 21st century skills through NJSLS 9 and Career Education:

Lessons, where appropriate, incorporate multiple perspectives to infuse

cultural and global awareness.

Learning incorporates skills focusing on financial, economic, business, and

entrepreneurial literacy.

Lessons integrate a focus on civic literacy so that students can better

understand the rights and obligations of citizenship.

Lessons describe the importance of ethics and moral obligations professionals

are required to apply to the decision-making process.

Lessons incorporate career exploration, and the process to achieving

professional goals.

Lessons emphasize the importance of professional behavior in the work place,

and the impact an online profile can have on achieving professional goals.

Assessments- including benchmarks,

formative, summative, and alternative

assessments

Warm-up activities, exploratory activities,

class discussion, student participation,

scoring rubric, benchmark assessments

Quizzes, tests, projects, final examination,

benchmark assessments

Authentic assessments, projects,

presentations

An ongoing process, circulating throughout

the classroom, observing which students

have problems with the assignments

Suggested Interdisciplinary Activities for this Unit

Career Education: Research career prospects; identify necessary steps to achieve

career goals.

Health/PE: Interview student athletes, and BCHS Athletic Director to determine

how various athletic programs are funded, and the financial impact on student

athletes.

English Language Arts/Literacy: Open-ended responses, conclusions and analysis

of exploratory activities

Math: Incorporate Algebra functions into financial statements

Science: Examine accounting in the Green Economy, calculate carbon footprint.

Social Studies: Review accounting scandals throughout history.

World Languages: Discuss and understand foreign currency, and how it relates to

the U.S. dollar.

Arts: Analyze the process of creativity; determine an artist’s assets, liabilities, and

owner’s equity. Research intellectual property as it relates to an artist.

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Unit Resources

Teachers should utilize school resources available in our Media Center to infuse alternate sources, perspectives, and approaches.

Resources should include textual support but also span multimedia options to engage multiple modalities. In addition, to support

struggling readers and increase rigor for advanced readers, the coursework may also draw on additional developmentally appropriate

resources to facilitate challenging levels of work for all students.

Leveled Supplemental Materials and Media/School Library

Resources

Newspapers

Magazines

Various leveled texts available via text, supplemental text,

and the Internet

Online articles

Integration of the Technology Standard

Internet-based research

Web Quests

Wireless laptop computers for research and production

SMART Boards for multimedia presentations

Various tools for podcasting, video streaming

Unit #1 Targeted Instructional Planning to Address Central Unit Standards: Central Unit Standard and

Student Learning Objective

Suggested Instructional Activities Suggested Student Output Formative Assessments

(Portfolios, Projects,

Tasks, Evaluations, &

Rubrics)

8.1.12.A.2-5 (NJSLS

Technology)

Produce and edit a multi-page

digital document for a

commercial or professional

audience and present it to peers

and/or professionals in that

related area for review.

- Teach the various sections of a

spreadsheet using Microsoft Excel and

Google Sheets, including how to

incorporate functions into cells, sort

data, auto-sum and fill in

- Teach the process of creating a graph

using data from spreadsheet

- Teach the process to insert clip art,

shapes, and word art in Microsoft Word

and Google Docs

- Create spreadsheets by

journalizing double entries

into a general journal

- Generate a Net Worth

Statement using Excel or

Google Sheets

- Respond to essential unit

questions using Google

Classroom

- Student and teacher

generated rubrics

- Adapted

PARCC/NJSLS-based

rubrics

- Anecdotal evaluation of

online technological

communication

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Collaborate in online courses,

learning communities, social

networks or virtual worlds to

discuss a resolution to a

problem or issue.

Construct a spreadsheet

workbook with multiple

worksheets, rename tabs to

reflect the data on the

worksheet, and use

mathematical or logical

functions, charts and data from

all worksheets to convey the

results.

Create a report from a

relational database consisting

of at least two tables and

describe the process and

explain the report results.

- Provide students with online support,

using QuickBooks and digital

worksheets

- Provide students examples of

professional accounting documents,

such as Coca-Cola’s Income Statement

- Provide guided note taking and

Graphic organizers

- Present information and content via

PowerPoint and Google Slides

-Model accounting process through

online application, via Lanschool

- Demonstration of authentic real-world

application of accounting processes and

vocabulary

- Compose financial

documents in a workbook,

with several sheets by

creating a sheet for each of

the following:

General Journal

General Ledger

Chart of Accounts

Work Sheet with

adjusting entries

Income Statement

- Participate in audits of

companies with positive

income and negative

income.

- Provide written analysis of

audit findings.

- Online course work,

completion of financial

statements through the

working papers

application

- Graphic organizer

- Journal entries

- Exit ticket

8.1.12.E1-2 (NJSLS

Technology)

Produce a position statement

about a real-world problem by

developing a systematic plan

of investigation with peers and

experts synthesizing

information from multiple

sources.

- Teach the effect technology has

affected the accounting industry

- Teach how an author's claim is

determined to be valid using logic and

reasoning to support ideas

- Teach the definition of Ponzi Scheme

- Teach the difference between facts

and rhetoric through investigation

- Collaborative research on

Ponzi Schemes

- Create a position statement

presentation, if modern

technology could have

prevented Ponzi Scheme

- Participating in discussions

regarding Ponzi Schemes

- Teacher-made rubrics

- PARCC/NJSLS holistic

rubrics

- Anecdotal evaluation of

online technological

communication

- Presentation of position

statement using

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Research and evaluate the

impact on society of the

unethical use of digital tools

and present your research to

peers.

- Demonstrate and model QuickBooks

software

- Provide guided notes and Graphic

organizer

- Present video evidence of historic

accounting scandals

- Assign project and online scavenger

hunt to assist students understand the

scope of historic accounting scandals

- Present lectures with PowerPoint and

Google Slides

- Oral presentation of text

analysis and interpretation

- Literature analysis and

review utilizing textual

evidence

PowerPoint or Google

Slides

- Independent/group

checklists and evaluation

- Exit ticket

- Kahoot

- Google Classroom Chat

9.1.12.E.1-3 (Personal

Finance)

Evaluate the appropriateness of

different types of monetary

transactions (e.g., electronic

transfer, check, certified check,

money order, gift card, barter)

for various situations.

Analyze and apply multiple

sources of financial

information when prioritizing

financial decisions.

- Teach banking basics, methods of

payment methods to receive payment

- Teach difference between debit card

and credit card

- Teach Annual Percentage Rate,

compounding interest and the effect the

rate has on deciding on a credit card

-Review the Financial Collapse of

2008:

https://www.hbo.com/movies/too-big-

to-fail

- Complete and journal

checks, deposit slips, and

source documents

- Create and reconcile a bank

statement for a business

checking account

- Research current APR, and

research credit cards,

determine best offers

- Explain the media’s role in

the 2008 Financial Collapse

- Determine what caused the

collapse in 2008

- Summarize America’s

current financial health

- Student and teacher

generated rubrics

- Adapted

PARCC/NJSLS-based

rubrics

- Anecdotal evaluation of

provided informational

text

- Graphic organizer

- Journal entries

- Exit ticket

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9.2.12.C.3-7 (Career

Awareness, Exploration, and

Preparation)

Identify transferable career

skills and design alternate

career plans.

Analyze how economic

conditions and societal

changes influence employment

trends and future education.

Research career opportunities

in the United States and abroad

that require knowledge of

world languages and diverse

cultures.

Investigate entrepreneurship

opportunities as options for

career planning and identify

the knowledge, skills, abilities,

and resources required for

owning and managing a

business

- Teach Accounting Industry basic

facts, statistics and trends

- Teach career qualifications and

occupational outlooks and salary range

- Teach subsections of accounting

industry

- Review the pros and cons of being an

entrepreneur

- Review the impact accounting

software has affected the accounting

industry

- Review economic conditions in the

previous 20 years versus current

American financial conditions

- Review the effect a global economy

has effected America’s economy

- Interview local business

owners to assess current

employment levels

- Create a flowchart of

accounting positions

- Determine educational

requirements for an

accounting position within

the flow chart

- Determine the salary range

for accounting position

- Determine the occupational

outlook for accounting

position

- Analyze accounting

position for transferable

skills

- Prepare a list of global “hot

spots” for accounting, and

provide information about

listed foreign countries’

culture and language

- Teacher generated rubric

- Career Preparation

Timeline project

- Independent/group

checklists and evaluation

- Class discussion via

Google Classroom

- Exit ticket

- Graphic organizer

- Mock Resume for

accounting position

9.3.GV-REG.1(Regulation)

Describe enforcement of

compliance with legal

- Teach GAAP, and its relevance in

Accounting in the Global Economy

- Review ethics, moral obligation,

fraud, and compliance

- Collaborate to find a

solution to the driving

conditions in New Delhi,

India

- Teacher generated rubric

- Google Classroom

discussion

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requirements and regulatory

standards.

- Explore the theory of “no rules”.

https://youtu.be/mDLCd70iTeE

- Create a presentation

explaining the importance of

regulatory standards, GAAP

in the accounting industry

- Graphic organizer

- Exit Ticket

9.3.FN-ACT.1-4 (Finance

Career Cluster)

Describe and follow laws and

regulations to manage

accounting operations and

transactions.

Utilize accounting tools,

strategies and systems to plan,

monitor, manage and maintain

the use of financial resources.

Process, evaluate and

disseminate financial

information to assist business

decision making.

Utilize career‐planning

concepts, tools and strategies

to explore, obtain and/or

develop an accounting career.

- Teach the accounting equation

- Teach debits, credits, and normal

balance

- Teach the value of assets and

liabilities

- Teach T-Accounts

- Teach double entry transactions and

how to journalize them in the General

Journal

- Teach Chart of Accounts, and how to

create account numbers

- Teach posting from a General Journal

to a General Ledger

- Teach journalizing corrections and

correcting posting errors, dishonored

checks and electronic banking

- Teach creating a work sheet

and a trial balance

- Teach net income versus net loss

- Teach adjusting entries

- Teach preparation and analyzation of

an income statement

- Compose financial

documents in a workbook,

with several sheets by

creating a sheet for each of

the following:

General Journal

General Ledger

Chart of Accounts

Work Sheet with

adjusting entries

Income Statement

- Participate in audits of

companies with positive

income and negative

income.

- Provide written analysis of

audit findings.

- Complete online working

papers:

• General Journal

• General Ledger

• Chart of Accounts

- Compare financial

statements

- Student and teacher

generated rubrics

- Adapted

PARCC/NJSLS-based

rubrics

- Class discussion in

Google Classroom

- Presentation of audit

findings

- Presentation of findings

from analyzing the

Income Statement an

American company

- Online course work,

completion of financial

statements through the

working papers

application

- Graphic organizer

- Exit ticket

13

- Teach recording closing entries and

preparing a post-closing trial balance

for a service business

- Teach GAAP, and its relevance in

Accounting in the Global Economy

- Review ethics, moral obligation,

fraud, and compliance

- Explore the theory of “no rules”.

https://youtu.be/mDLCd70iTeE

- Teach Accounting Industry basic

facts, statistics and trends

- Teach career qualifications and

occupational outlooks and salary range

- Teach subsections of accounting

industry

- Create a chart of accounts,

and account numbers

- Determine and calculate a

net loss and a net profit

- Establish a Petty Cash

account

- Determine how to establish

a Sole Proprietorship

- Explain the effect of an

owner’s withdrawals will

have on the accounting

equation

- Explain the difference

between an owner

withdrawal versus salary

expense

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Unit 2 Overview At-a-Glance Unit #2 – Accounting for a Merchandising Business Organized as a Corporation

Unit Description:

In this unit, students will examine the complete accounting cycle for a merchandising business organized as a corporation. The primary

differences between a merchandising business and a service business are that a merchandising business purchases merchandise for

resale, charges sales tax on sales of merchandise, and includes a Cost of Goods section on the income statement. Corporations require

different equity accounts and an additional financial statement. The business in this part uses subsidiary ledgers and has a payroll system

for compensating employees.

Essential Skills:

Distinguish among service, retail merchandising, and wholesale merchandising businesses

Identify differences between a sole proprietorship and a corporation

Explain the relationship between a subsidiary ledger and a controlling account

Describe accounting procedures used in ordering merchandise

Discuss the purpose of a special journal

Journalize purchases of merchandise on account using a purchases journal

Post merchandise purchases to an accounts payable ledger and a general ledger

Record cash payments using a cash payments journal

Record replenishment of petty cash fund

Post cash payments to an accounts payable ledger and a general ledger

Explain the relationship between the accounts receivable ledger and its controlling account

Record sales on account using a sales journal

Post sales on account to an accounts receivable ledger and a general ledger

Record cash and credit card sales using cash receipts journal

Journalize cash receipts on account using a cash receipts journal

Post cash receipts to an accounts receivable ledger and a general ledger

Prepare a schedule of accounts receivable

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Standards Addressed within this Unit

Central Unit Standards- This unit will focus primarily on

learning goals aligned with the following standards:

9.3.FN-ACT.1-4 (Finance Career Cluster)

9.3.12.FN-SEC.1-4 (Securities & Investments Career Cluster)

9.1.12.D.13-14(Planning, Saving, & Investing Personal Finance

Literacy)

Supporting Unit Standards- This unit will also include activities

aligned with the following standards:

CRP- 1, 2, 3, 4, 5, 7, 8, 9, 11, 12

Unit Details

Modifications for Special Education Students,

English Language Learners, Students at Risk

of Failure, and Gifted Students- Modify

instructional approach and/or assignments and

evaluations as needed based for students with

IEPs, 504s, ELLs and gifted and talented

students including but not limited to:

Lanschool

Google Translate

Student Partners

Student Portfolios Visual aids – English word next to images

Use a variety of materials: oral, visual,

graphic, etc.

Extended time

Teacher modeling

Integration of 21st century skills through NJSLS 9 and Career Education:

Lessons, where appropriate, incorporate multiple perspectives to infuse

cultural and global awareness.

Learning incorporates skills focusing on financial, economic, business, and

entrepreneurial literacy.

Lessons integrate a focus on civic literacy so that students can better

understand the rights and obligations of citizenship.

Lessons describe the importance of ethics and moral obligations professionals

are required to apply to the decision-making process.

Lessons incorporate career exploration, and the process to achieving

professional goals.

Lessons emphasize the importance of professional behavior in the work place,

and the impact an online profile can have on achieving professional goals.

Lessons integrate a focus on financial preparation, savings and investments.

Lessons incorporate participation in The Stock Market Game

Assessments- including benchmarks,

formative, summative, and alternative

assessments

Warm-up activities, exploratory

activities, class discussion, student

Suggested Interdisciplinary Activities for this Unit

Career Education: Research careers and educational requirements for careers in the

Finance Industry. Banking, Investments, and Government

Health/PE: Research careers and educational requirements in Bio-medical Field.

Pharmacy and Government

16

participation, scoring rubric, benchmark

assessments

Quizzes, tests, projects, final

examination, benchmark assessments

Authentic assessments, projects,

presentations

An ongoing process, circulating

throughout the classroom, observing

which students have problems with the

assignments

English Language Arts/Literacy: Open-ended responses, conclusions and analysis

of exploratory activities

Math: Calculate earned interest, capital gains, and income tax. Incorporate the “Rule

of 72”, an ideal savings plan

Science: Research the effect scientific developments have had on stock prices for

Bio-medical stocks

Social Studies: Examine emerging markets, and the economics of a communist

country

World Languages: Research government issued bonds and their interest rates as

they relate to the United States of America

Arts: Examine the relationship between an artist and a business, and the intellectual

property of an artist

Unit Resources

Teachers should utilize school resources available in our Media Center to infuse alternate sources, perspectives, and approaches.

Resources should include textual support but also span multimedia options to engage multiple modalities. In addition, to support

struggling readers and increase rigor for advanced readers, the coursework may also draw on additional developmentally appropriate

resources to facilitate challenging levels of work for all students.

Leveled Supplemental Materials and Media/School

Library Resources

Newspapers

Magazines

Various leveled texts available via text, supplemental

text, and the Internet

Online articles

Integration of the Technology Standard

Internet-based research

Web Quests

Wireless laptop computers for research and production

SMART Boards for multimedia presentations

Various tools for podcasting, video streaming

17

Unit #2 Targeted Instructional Planning to Address Central Unit Standards: Central Unit

Standard and

Student Learning

Objective

Suggested Instructional Activities Suggested Student Output Formative Assessments

(Portfolios, Projects,

Tasks, Evaluations, &

Rubrics)

9.3.FN-ACT.1-

3(Finance Career

Cluster)

Describe and follow

laws and regulations

to manage

accounting

operations and

transactions.

Utilize accounting

tools, strategies and

systems to plan,

monitor, manage and

maintain the use of

financial resources.

Process, evaluate

and disseminate

financial information

to assist business

decision making.

- Teach key vocabulary for a merchandising

business

- Teach the steps to starting a corporation

- Teach the process of creating a subsidiary

ledger

- Teach the differences between perpetual

inventory, periodic inventory and physical

inventory

- Teach the cost of goods sold

- Teach the process of organizing inventory,

creating purchase orders and invoices

- Teach posting from a Purchases Journal

- Teach accounting for cash payments

- Teach accounting of a cash payment of an

expense, buying supplies for cash, cash

payments on account

- Teach the advantage of purchase discount

- Teach the process of posting from the general

account columns of a cash payment journal to a

general ledger

- Teach totaling, proving and ruling a cash

payment journal

- Teach completing accounts payable ledger

- Present daily transactions of

a merchandising business

- Journalize transactions for

cash and on account

- Post to the general ledger

and accounts payable

subsidiary ledger, and how it

helps a business update

account balances

- Develop a chart of accounts

and account numbers for a

merchandising business

- Complete on-line activities

via the Aplia application, that

accompanies the text book

- Describe the process of

purchasing merchandise on

credit

- Determine if a

merchandising corporation is

operating with a net income

or loss

- Student and teacher

generated rubrics

- Adapted

PARCC/NJSLS-based

rubrics

- Class discussion in

Google Classroom

- Presentation of audit

findings

- Presentation of findings

from analyzing the

Income Statement an

American company

- Online course work,

completion of financial

statements through the

working papers

application

- Kahoot

- Graphic organizer

18

- Teach accounting for sales on account, and the

process of calculating sales tax

- Teach Posting from a sales journal

- Teach accounting for cash and credit card

sales, and processing of transactions

- Teach posting from a cash receipts journal

- Demonstrate and model QuickBooks software

- Provide guided notes and Graphic organizer

- Demonstrate and model through Lanschool,

and the online application connected to the text

book

- Remind students what it means to prove cash

- Explain that they will be proving cash after

totaling the cash receipts journal

- Identify local businesses that are organized as

a corporation, and what their inventory

organization might be like.

- Explain the cost of merchandise logistics and

storage

-Prove cash at the end of the

fiscal period

- Exit ticket

9.3.12.FN-SEC.1-4

(Securities &

Investments Career

Cluster)

Describe and follow

laws and regulations

to manage business

operations and

transactions in the

- Teach the fundamental basics of stocks and

bonds, and the operation of the New York Stock

Exchange

- Teach risk and reward

- Teach Financial Industry Regulation

Association and Securities and Exchange

Commission and their roles in the finance

industry

- Journalize daily transactions

by creating a spreadsheet

- Collaborative work,

maintaining an investment

portfolio

- Oral presentation of

investments purchased, sold,

- Teacher-made rubrics

- PARCC/NJSLS holistic

rubrics

- Presentation of financial

career opportunities and

requirements

- Graphic organizer

19

securities and

investment industry

Manage the use of

financial resources to

perform key duties in

the securities and

investment industry

Plan, monitor and

manage day-to-day

securities and

investments

operations

Utilize career-

planning concepts,

tools and strategies to

explore, obtain and

or develop in a

securities and

investment career

- Describe the various sources of information for

individuals to review for the purpose of making

financial decisions.

- Research financial careers, education

requirements, and licenses

and total money earned or

lost

- Analyze and determine

appropriate investment

decisions

- Explain the role of Financial

Industry Regulation

Association and the Securities

and Exchange Commission

- Exit ticket

- Kahoot

- The Stock Market Game

9.1.12.D.13-

14(Planning,

Saving, & Investing

Personal Finance

Literacy)

Determine the impact

of various market

events on stock

market prices and

- Teach the effect current events have on the

volatility in various markets, such as elections,

natural disasters and terror attacks

-Review historic events relating to the stock

market, the crash of 1933 and how this effected

regulations

- Convey the effect a current

event has had on the stock

and bond markets

- Describe the education and

licenses necessary to acquire

a job in the finance industry

- Teacher-made rubrics

- PARCC/NJSLS holistic

rubrics

- Independent/group

creation of investment

portfolio

20

other savings and

investment

Evaluate how taxes

affect the rate of

return on savings and

investments

- Teach interest rates and the effect rates have

on borrowing and investing

- Describe the U.S. tax system for investments,

such as capital gains versus ordinary income

- Analyze how loss of principle can offset

capital gains tax

- Explain necessary steps to

take in order to obtain a

career in finance

- Correlate accounting in

finance

- Describe ways to offset

capital gains tax

- Explain the effect taxes have

on the rate of return

- Graphic organizer

- Exit ticket

- Kahoot

- The Stock Market Game