ACCOUNTANCY LESSON PLAN CBSE CLASS 12

Lesson Plan

Sl.No.	Lesson Plan Criteria	Time	Details
1	Topic		Depreciation
2	Content / Concept		Written Down Value method
3	Resources		1.     Hand out including tips for preparing depreciation account. 2.     Worksheet to solve problems 3.     Video on preparation of depreciation Account
4	Starter Activity		Recalling straight line method of depreciation account preparation
5	Sharing Learning Objectives Using Bloom’s Taxonomy		1.     Learners develop awareness about Written down Value method. 2.     Learners develops skill to solve problems using Written Down Value method 3.     Learners applies the acquired knowledge in real business problems
6	Introduction		Introduction of new method through the comparison with the previous method.
7	Progress of the Lesson a)  Teachers apply their Knowledge Effectively b)  Activity-Differentiated, Imaginative & creative c)   Use of VAK ( Including ICT) d)  Challenging extra work provided for those who finish earlier.		Teacher gives theoretical framework about the new Written Down Value method. Solves a simple problem on the board. Then gives a brain storming section to find out the difference between the two methods of preparing depreciation account and its calculation. Then teacher shows video on the calculation using Written Down Value method (https://www.youtube.com/watch?v=v4r21kNLcM8) Teacher ask to create prepare depreciation account by creating a questions with abstract figures to those finish earlier.
8	Details of Differentiation a) In the Activity Conducted b)   In Explanation c)    In VAK ( Visual, Auditory & Kinaesthetic) d)   In Work sheets		The brain storming section to find out the difference between the two methods of preparing depreciation account and its calculation, includes few thought provoking questions. Diminishing Balance Method. According to the Diminishing Balance Method, depreciation is charged at a fixed percentage on the book value of the asset. As the book value reduces every year, it is also known as the Reducing Balance Method or Written-down Value Method. Teacher presents different videos from youtube to get multisensory experience for childrens. The link of the video is https://www.youtube.com/watch?v=eqy48xtcu3E Teacher gives worksheet with a solved problem as specimen. Three more unsolved problems are also included.
9	Cross Curricular Learning		Teacher connects the concept of depreciation with other related areas in Business Studies
10	Value Education		Teacher explains incidents which brings individual attention for protecting machines for reducing wastages and damages
11	Details of Formative Assessment ( Sharing of Rubrics and recording of marks)		Oral examination with few questions Additional unsolved problems in worksheet.
12	Learning Outcome (Base for checking for Understanding) Review (Questions based on critical Thinking, Problem solving and Independent learning)		Learners develops awareness and understanding about Written down Value method. Review 1. Differentiate fixed instalment method and written down value method. 2. How will you calculate the value of depreciation under Written down Value method?
13	Innovation / Extension (Innovative work given to students as an extended learning)		Prepare imaginary data of two business firms , who were purchased two machineries, and prepare depreciation account with abstract figures.