GOVERNOR JULIO V.

MACUJA MEMORIAL COMPREHENSIVE HIGH SCHOOL

Caridad, Hamtic, Antique

A SEMI-DETAILED LESSON PLAN FOR SENIOR HIGH SCHOOL

ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT)
October 31, 2018
I. OBJECTIVES

At the end of the lesson, the students should be able to:

a. define external users of accounting information and give examples

b. define internal users of accounting information and give examples
c. identify the types of decision made by each group of users; and
d. describe the type of information needed by each group of users.

II. SUBJECT MATTER

Topic: Introduction to Accounting (Lesson 3)

Reference: Teaching Guide for SHS (Fundamentals of ABM1) pages 12-19; Fundamentals of ABM 1
(Author- Dr. MArife Agustin-Acierto & Benjamin A. Abarquez Jr) pages 25-28
Materials: chalkboard, chalk, laptop, projector

III. PROCEDURES

A. CLASSROOM ROUTINES
a. Prayer
b. Greetings
c. Checking of Attendance & Physical Classroom Environment

B. REVIEW

TEACHER’S ACTIVITY STUDENT’S ACTIVITY

“Good morning class, how are you today?” “Good morning ma’am, we’re fine, thank you”.

“Before we proceed, can you still remember what we

have discussed yesterday?”
Possible Answer:
“What did we discuss yesterday?” “Yes Ma’am, yesterday we have discuss the branches
of accounting.”
“Very good.”
Ask: 1. Enumerate the eight branches of accounting.

“Do you have any questions of yesterday’s lesson?” 1. Financial Accounting

2. Management Accounting
“If none, we will now proceed to the next topic.” 3. Government Accounting
4. Auditing
5. Tax Accounting
6. Cost Accounting
7. Accounting Education
 C. MOTIVATION
“Can you recall the definition of accounting?”

“Why accounting is considered as the language of

business?”

“Okay class, what business do you want to enter into Possible Answers:
someday?”  Buying and selling of cars
 Boutique
 Gasoline Station
 Bakery

“If you are the owner of gasoline station, what do you
know about the business?”
Possible Answers:
 How much income have I earned for a
certain period?
 How much receivables do I have?
 How much do I owe my suppliers?
 How much is the value of my inventory?

“What possible decisions can accounting support?” Possible Answers:

 Will I able to pay my liabilities if I earn this
much?
 Can I expand my business? Will I able to
afford buying new equipment?
 Do I need to adjust my selling price?
 Do I need to cut cost?

D. DEVELOPMENTAL PHASE

 PRESENTATION
“Today, we will focus on the users of accounting
information”.

 ACTIVITY (Activate Prior Knowledge)

Ask:
Possible Answers:
 Who do you think uses accounting data or
11. Managers
information?
12. Employees
13. Business man
14. Customers

 ANALYSIS (Acquire New Knowledge)

(Discuss the following using PowerPoint presentation)

 Users of Accounting Information

 Two Classification of Users of Accounting
Information (Internal & External Users)

 ABSTRACTION (Q&A)
“To recap, let me ask you the following questions”.
  He is the user of accounting information Answer:
who determines the credit worthiness of 15. Creditors
the organization.
 He is the user of accounting information Answer:
who uses information for analyzing the 16. Investors
feasibility of investing in the business.
 He is the user of accounting information
Answer:
who uses it for assessing the financial
position of its suppliers which is necessary 17. Customers
for them to maintain a stable source of long
term supply. Answer:
 He is the user of accounting information 18. Management
that uses it for decision making.
 He is the user of accounting information Answer:
that uses it for assessing business 19. Employees
organization’s profitability and its
consequence on their future remuneration Answer:
and job security. 20. Tax Authorities
 He is the user of accounting information Answer:
that assesses whether business organization
21. Regulatory Authorities
pays correct taxes.
 He is the user of accounting information
which ensures that the business
organization’s disclosure of accounting
information is in accordance with rules and Answer:
regulations to be complied with. 22. Owner
 He is the user of accounting information
that uses it to determine any course of
action for the business organization to
protect his invested capital.
 Give an example of external user.
 Give an example of internal user.
Possible Answer:
- Yes, because the LGU will check whether
 APPLICATION (Giving opinion)
we are paying our local taxes and to
Ask:
check if we have secured our business
 Supposed you have a sari-sari store
business, do you think the Local permits.
Government Unit (LGU) will be interested
with your accounting reports? Why and why
not?

 ASSESSMENT (Quiz)
 IDENTIFICATION
Directions: Identify the following whether an
INTERNAL or EXTERNAL USER.
 Insurance Brokers ____________
 Payroll Assistant ____________
 Financial Consultant ____________
 SGV Auditing Firm ____________
 Banco de Oro ____________
 University of Sto. Tomas ____________
 Sales Manager ____________
 Financial Institutions ____________
 Factory Worker ____________
 Board of Accountancy ____________

 ASSIGNMENT
 Identify the following users need (1)
FINANCIAL INFORMATION AND (2)
MANAGEMENT INFORMATION.
1. Insurance Brokers ____________
2. Payroll Assistant ____________
3. Financial Consultant ____________
4. SGV Auditing Firm ____________
5. Banco de Oro ____________
6. University of Sto. Tomas ____________
7. Sales Manager ____________
8. Financial Institutions ____________
9. Factory Worker ____________
10. Board of Accountancy ____________

Prepared By:

JUDITH D. PIANO
ABM Teacher

Checked By:

EDWIN M. ACUB
HT-I