INNOVATIVE LESSON PLAN-TYPES OF ACCOUNTING ERRORS

LESSON PLAN

NAME OF THE TEACHER:  RANJITH OP                                                          STD: XI            

NAME OF THE SCHOOL:  M.G.H.S.S THUMPAMON                                       STRENGTH:51

SUBJECT: ACCOUNTING                                                                                  AVERAGE AGE:16

 UNIT: TRIAL BALANCE AND RECTIFICATION ERRORS                             DURATION:1hr

TOPIC:TYPES OF ERRORS                                                                                DATE:21/11/2017

CONTENT OUTLINE:

Trial balance and rectification of errors/types of errors

CONTENT ANALYSIS:

TERMS:

Trial balance,errors of commission.errors of omission,error of principle,and      compensatory errors     

   FACTS:

• ·  Accounting errors are mistake and omissions made    unknowingly while recording transaction in books of account
• Tallying of trial balance does not mean that no error has been made in to accounting records
• Some errors which do not affect the quality of debit and credit
• ·Some errors which do not affect and affect the agreement of trial balance
• ·   Errors are committed when transaction transactions are incorrectly recorded are called errors of omission
•  When transaction is not entered in the books of accounts completely or partially is termed as errors of omission
•   If any accounting principles is violated in recording a transaction .it is an error of principle
• · Compensating errors are those errors which compensate each other

CONCEPT

 Accounting errors are mistakes and omission made unknowingly while recording transaction in books of accounts.

CURRICULAR OBJECTIVES

  To understand the concept of accounting errors and its rectification

PRE REQUISITES

The student should already have an idea about trial balance

TEACHING LEARNING RESOURCES

Usual classroom aids like white board and marker, chart

TEACHING LEARNING STRATEGIES

Group discussion ,general discussion and brain storming

            REFERENCE

            SCERT Text book and Internet

Classroom interaction procedure                                                                                Response
Phase :1 introductory phase  

 Good morning ,teacher after completing his routine work,

He present a question

  What is error?.student answered many answers ,after getting                                    Listening

Answers teacher says that

In accounting there are some mistakes we committed  while

Preparing the books of accounts.But in accounting there are 4 main

errors would happened that are known as errors of omission ,errors

of commission ,errors of principle and compensating errors

PHASE II Development phase

            Teacher explain the errors

Errors commission: these are committed while incorrectly recorded are

called errors of commission these caused by

·         Wrong posting

·         Wrong totaling

·         Wrong balancing

 Errors of principal: if any accounting principle is violated in recording       

a transaction ,it is an errors of principle.These errors are do not                            asking

affect the agreement of trial balance                                                                                    doubt

Compensating error: compensating errors are those which compensate

each other.These are do not affect the agreement of trial balance

Errors of omission: these occur when we omitted completely or

 partially recording a transaction

phase III Concluding phase

Teacher conclude the topic by showing a chart

Errors of omission	·         Omitted to record a transaction ·         Omitting one aspect of an entry
Error of commission	·         Wrong totaling of an account ·         Posting an amount of Rs.500 as Rs 5000
Errors of principle	·         Showing purchase of land in purchase account ·         Wages paid for the erection of machinery debited to wages account
Errors of compensation	·         Counter balancing an error with another error

          Review question: what is accounting error and its types?                                               

           Follow up activity: write the examples of each activity                                     student                                                                                                                                       understood the topic