{"curriculumRecord":{"displayName":"Accounting 10, 20, 30","isImmersion":0,"isFransaskois":0,"version":1,"outcomeContents":[{"contentType":"MODULE","identifier":"ACCT2","text":null,"addlInfo":null,"name":"Module 2: Identifying Accounting Standards","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the role of accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT8","text":null,"addlInfo":null,"name":"Module 8: Financial Statements","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 7","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare and interpret financial statements (income statement and balance sheet) for an accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how recording and reporting financial information affects business owners’ ability to make accurate business decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Consider the inquiry questions: How are financial statements used to aid decision makers? What information must be present on a financial statement (e.g., adequate disclosure)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the purpose of income statements and balance sheets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compile the income statement listing the heading, business name, date, account titles and appropriate debit and credit amounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the net income or loss by comparing the revenue and expenses to ensure the net income/loss on the income statement is consistent with the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize that a balance sheet reports the financial condition of a business on a specific date by detailing the assets, liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compile a balance sheet listing business name, date, account titles and appropriate amounts for the assets and liabilities using the amounts from the worksheet’s balance sheet columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the capital for a balance sheet ensuring that total assets equal total liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Critique a presentation of financial statements from the perspective of a member of the board of directors or from the perspective of a potential investor.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Assess the viability of a business based on a simulated balance sheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze examples of publicly available financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT24","text":null,"addlInfo":null,"name":"Module 24: Financial Statement Analysis in Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 23","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify how financial statement analysis assists management with decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Examine and outline the purpose of financial statement analysis in management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Review what information financial statements provide and to whom financial statements may be of use.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze financial statements and express trends and changes using comparative balance sheets and comparative income statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Investigate how a manager would interpret trends and changes (e.g., a slight increase/ decrease in net sales from one month to another).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze financial statements and express the strengths and weaknesses of a business using ratios (e.g., current, quick or acid test, inventory turnover, debt and equity, return on owners’ equity, markup and return on sales).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Examine the performance earnings and efficiency analysis and describe how they support management decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80A","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80A: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80B","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80B: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99A","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99A: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compile a balance sheet listing business name, date, account titles and appropriate amounts for the assets and liabilities using the amounts from the worksheet’s balance sheet columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Apply error finding techniques within aspects of the accounting cycle and identify appropriate corrections.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze local, provincial, national and international examples of merchandising (buying and selling) between producer, manufacturer, wholesaler, retailer and consumer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eResearch different occupations in the accounting field to contrast: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n educational requirements;\n \u003c/li\u003e\n \u003cli\u003e\n working conditions, including typical hours and shifts worked as well as typical locations;\n \u003c/li\u003e\n \u003cli\u003e\n duties and skills required; and,\n \u003c/li\u003e\n \u003cli\u003e\n professional and/or licensing requirements in Saskatchewan (CPA) and Canada.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how cost-volume-profit (CVP) analysis connects the relationship of product prices, volume or activity levels, variable costs per unit and total fixed costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the data (e.g., hourly wage, salary, piecework, commission, overtime, contract work) typically used to calculate earnings for gross pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze financial statements and express the strengths and weaknesses of a business using ratios (e.g., current, quick or acid test, inventory turnover, debt and equity, return on owners’ equity, markup and return on sales).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between a chartered bank, a credit union, a trust company and other financial services in the community.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish and sort farm financial information (e.g., vehicle, fuel, power, groceries, property tax, veterinary) into business and personal categories in preparation for journalizing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Generate a list of who (e.g., insurance agencies, Canadian Wheat Board, Canada Customs and Revenue Agency, financial institutions) would need to access farm records and discuss the purpose (e.g., financing, tax returns, farm programs, crop insurance) for granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"ACCT29A","text":null,"addlInfo":null,"name":"Module 29A: Technology Applications for a Service Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in service business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a service business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how service businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a service business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29B","text":null,"addlInfo":null,"name":"Module 29B: Technology Applications for a Merchandising Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in merchandising business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a merchandising business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how merchandising businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a merchandising business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29C","text":null,"addlInfo":null,"name":"Module 29C: Accounting Technology","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 29A or 29B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the impact of technology on accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss the benefits and limitations of accounting software and apps.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Implement individual steps of the accounting cycle of a business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Create a mock business plan and utilize technology to generate the financial operations of a business following the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Research digital currency and discuss how it impacts businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Generate a list of considerations (e.g., security of data, affordability, updates, required forms) when implementing accounting technology in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Defend the need for security systems, data protection and backup for accounting records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the impact (e.g., accessibility, global markets, e-business, working from home) of technology on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT30","text":null,"addlInfo":null,"name":"Module 30: Business Types and Ownership Options","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate different types of businesses and options for ownership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31A","text":null,"addlInfo":null,"name":"Module 31A: Asset Analysis","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze how financial statements are used when making business decisions related to bad debt.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Generate a list of who (e.g., insurance agencies, Canada Revenue Agency, financial institutions) needs access to financial statements and discuss the purpose of granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Define bad debts and depreciation as used within financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how bad debts, depreciation, and inventory valuations assist in assuring that assets are represented as accurately as possible on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Explore the inquiry questions: Who is interested in the accurate calculations of assets? Is it practical to aim for no bad debts in every situation? What impact does Canada Revenue Agency have on the amount of bad debt a company may claim?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Assess the impact of the GAAPs (e.g., historical cost, adequate disclosure, matching revenue with expenses, consistent reporting) on what is reported on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31B","text":null,"addlInfo":null,"name":"Module 31B: Bad Debts","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 31A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine bad debts expense using the allowance method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define write-off using the allowance method and direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between a write-off and a direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the purpose of the allowance method for recording losses from uncollectible accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compute the amount of estimated bad debt for a business and prepare adjusting entries using the aging and percentage of net sales methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Perform the entries for writing off an uncollectible accounts receivable, using the write-off from an allowance account method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for the collection of an account receivable that was written off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT3","text":null,"addlInfo":null,"name":"Module 3: Accounting Equation","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":"Module 1, 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT4","text":null,"addlInfo":null,"name":"Module 4: T-accounts","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Introductory","prerequisite":"Module 3","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Utilize transactions and apply T-accounts in order to understand the concept of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Relate the left and right of the T-account location to the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Label debit (left) and credit (right) as left and right of the T-account location.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the location (l/r) of the elements (i.e., assets, liabilities, owners’ equity) of the accounting equation and how those elements correlate to the normal balance of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Implement the use of normal balance in each sub-element of owners’ equity (i.e., capital [CR], drawings [DR], revenue [CR] and expenses [DR]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interpret how the normal balance side of a T-account relates to the increase and decrease of an account balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize and apply the concept of double entry accounting by assigning the amounts of a transaction into one debit and one credit part.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze transactions into debits and credits using a pair of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze a full set of business transactions and record in a ledger of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the final balance of a T-account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prove equality between normal debit balances and normal credit balances by totaling accounts to confirm the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Discuss how capital, drawings, revenue and expenses relate to owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT5","text":null,"addlInfo":null,"name":"Module 5: Journals","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 4","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore how journals simplify and organize transactions in accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify the information contained in source documents.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify the importance of a journal as a permanent legal entity or legal document as it connects to Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify columns (i.e., general debit, general credit, special amount columns) of a combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze and record business transactions into a journal or journals referencing a chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prove the total of debit columns equals the total of credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Prove cash by determining that the amount of cash in the journal agrees with the accounting records (e.g., cheque stub).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze, explain and correct discrepancies when preparing a series of accounting proofs such as slide, divide by 9, and double/half.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT6","text":null,"addlInfo":null,"name":"Module 6: Ledgers","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Summarize transactions of an account by updating ledgers to obtain current balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a chart of accounts and sort assets (100), liabilities (200), capital (300), revenue (400) and expenses (500) into numerical order for a service business organized as a proprietorship.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the columns (e.g., date, name, account, number, account number, entry, balance) of a ledger form and open a ledger for each account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the need for a ledger (i.e., balance of accounts) when a journal is already done.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Post amounts from the general debit and credit columns into individual accounts in the general ledger.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Post totals from the special amount columns to individual accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT7","text":null,"addlInfo":null,"name":"Module 7: Worksheets","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 6","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Create a worksheet to summarize data in order to generate financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the ledger by preparing a trial balance in the worksheet which includes listing all account titles and balances from the general ledgers into correct debit and credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate and record adjustments in the worksheet in accordance with the Generally Accepted Accounting Principle (GAAP) matching principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Extend the revenue and expense accounts into the income statement from the trial balance and adjustments column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Extend the assets, liabilities, capital, and drawing accounts to the balance sheet column from the trial balance and adjustment column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Total the columns of the income statement and calculate net income/net loss with proving totals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the relationship between sales and expenses (i.e., net income or net loss) on the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT9","text":null,"addlInfo":null,"name":"Module 9: Adjusting and Closing Entries","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 8","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Generate adjusting and closing entries in relation to the appropriate accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe how the matching principle justifies the need for adjusting and closing entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record adjusting entries in the general or combination journal for all prepaid expenses (e.g., supplies, insurance, advertising).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Transfer the adjusting entries from the general or combination journal to the ledger by posting them to appropriate ledger account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between permanent and temporary accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Identify the new account income summary as a temporary account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define and discuss the purpose of closing entries (e.g., update accounts, transferring net income/loss to owners’ equity account).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate and prepare closing entries by journalizing each entry and posting them to the ledger to bring temporary accounts to zero.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT10","text":null,"addlInfo":null,"name":"Module 10: Post-Closing Trial Balance","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":"Module 9","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the final step of the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define post-closing trial balance and its purpose.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prove the equality between debits and credits of the permanent accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Rationalize why no temporary accounts will be in the post-closing trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize the end-of-the month permanent account balances are new balances for the next month.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine the inquiry question: Why is it important to complete the post-closing trial balance at the end of a fiscal period?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT11","text":null,"addlInfo":null,"name":"Module 11: Accounting Cycle Project","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through application of the accounting cycle for service business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) to a service business scenario.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Apply error finding techniques within aspects of the accounting cycle and identify appropriate corrections.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss and justify decisions made to solve problems that arise during the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze decisions for given scenarios utilizing the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the financial situation of a service business based on the financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compose questions to help accountants interpret and analyze financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compare post-closing trial balances for two different accounting cycles and examine changes that occurred during the accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT12","text":null,"addlInfo":null,"name":"Module 12: Employee Wellness","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify the importance of wellness practices for employers and employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13A","text":null,"addlInfo":null,"name":"Module 13A: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry in Saskatchewan and Canada.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify occupations in the accounting industry (e.g., public accounting, industry, government).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eResearch different occupations in the accounting field to contrast: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n educational requirements;\n \u003c/li\u003e\n \u003cli\u003e\n working conditions, including typical hours and shifts worked as well as typical locations;\n \u003c/li\u003e\n \u003cli\u003e\n duties and skills required; and,\n \u003c/li\u003e\n \u003cli\u003e\n professional and/or licensing requirements in Saskatchewan (CPA) and Canada.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT1","text":null,"addlInfo":null,"name":"Module 1: Introduction to Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the need for accounting in business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13B","text":null,"addlInfo":null,"name":"Module 13B: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 13A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research different specializations in the accounting field such as business analyst, controller, financial accounting, managerial accounting and forensic accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how accounting professionals apply and adhere to different accounting standards depending on the type of entity (e.g., publicly accountable enterprise [IFRS], private enterprise [ASPE], not for profit organization [NPO], public sector entity [PSAB]) in which they are employed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Design interview questions that could be used for an accounting position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Critique skills and interests that would enhance career choices (e.g., a focus on accounting practices specific to the agricultural community).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how economic conditions may affect job prospects in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT14","text":null,"addlInfo":null,"name":"Module 14 : Introduction to Merchandising","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 11","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the operation and viability of a merchandising business from an accounting perspective.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Investigate the difference between a service business and a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze local, provincial, national and international examples of merchandising (buying and selling) between producer, manufacturer, wholesaler, retailer and consumer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Evaluate business decisions related to import/export costs, product sustainability, local vs international merchandise and the impact those decisions have on the financial profits/loss of a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify examples of merchandising businesses within the community and examine the viability of the business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interview an owner of a merchandising business in the community to discuss operational information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explain the difference between the acquisition price and the selling price of a product.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the meaning of markup, margin and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Explain purchases and their related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Design a proposal for a home-based or online merchandising business, including components such as cost price, profit, overhead, selling price, salaries, delivery, advertising, income tax benefits, primary or secondary source revenue, supplier and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT15","text":null,"addlInfo":null,"name":"Module 15: Accounting Standards and Business Ethics","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the purpose and application of the Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how Generally Accepted Accounting Principles (GAAPs) and accounting standards are applied to accounting cycles and to business transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Collaborate with peers to discuss inquiry questions such as: Why do GAAPs and accounting standards exist? How are the GAAPs applied? What would happen in the absence of any standards?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the relationship between personal, professional and business ethics and how it relates to GAAPs and the accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss why different parts of accounting handbook exist (e.g., International Financial Reporting Standards [IFRS], Accounting Standards for Private Enterprises [ASPE], Not-for-profit organizations [NPO], Public Sector Accounting Board [PSAB]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate accounting examples of current events that involve a breach in ethics or failure to adhere to accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT16","text":null,"addlInfo":null,"name":"Module 16: Merchandising Inventory Accounts","focus":null,"designation":"Core","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 14","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the importance of inventory and its accurate value within a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define merchandising inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and assign a number to the different types of accounts used in a merchandising business such as merchandise inventory, purchases, sales and cost of goods sold to the chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry questions: Why is inventory reported on the balance sheet as the amount paid for the item, not the selling price? Why is the cost of goods sold reported on the income statement?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the relationship between beginning inventory (e.g., cost of goods on hand) and ending inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the balance of merchandise inventory in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between perpetual inventory and periodic inventory, considering cost, ease of handling, computerization and labour hours.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze the implications of inventory surplus or deficits in a business (e.g., cash flow, expenses, loss).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT17","text":null,"addlInfo":null,"name":"Module 17: Sales and Purchases Accounts","focus":null,"designation":"Core","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Intermediate","prerequisite":"Module 16","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess sales and purchase accounts for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Distinguish between cash and purchase transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze sales tax as a liability in a business and how it is calculated on sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Assess discounts and how they apply to purchases (e.g., 2/10 n/30 – 2% off if paid within 10 days or net 30) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze the effect that sales returns and discounts have on original sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Implement contra accounts to record returns and allowances transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze a sales invoice to see if all relevant components including seller, buyer, date, quantity, date, amount, item, tax, terms and total are noted.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Implement the use of special journals (e.g., purchases, cash payments, sales, cash receipts, departmental journals).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Organize transactions into the appropriate sales or purchase journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Distinguish between the general ledger and the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Discuss how the controlling accounts receivable and the controlling accounts payable account summarize all accounts from the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Produce a schedule of accounts payable and accounts receivable ensuring the total matches the appropriate controlling account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Post-sales on account transactions, totals, merchandise purchases, cash receipts and cash payments to the appropriate ledger or column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Critique how cash on delivery (COD), on account, charge, discounts and returns all impact the sales revenue of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Explain how sales and related accounts are the main source of revenue in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"o","text":"Classify purchases and related accounts (e.g., source documents, invoice, returns and allowances, discounts) as well as invoice and transportation costs (e.g., freight-in, free on board destination).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"p","text":"Explain purchases and its related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"q","text":"Apply generally accepted accounting principles (GAAP) to sales and purchases.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT18","text":null,"addlInfo":null,"name":"Module 18: Steps 1-3 of Accounting cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":20,"level":"Intermediate","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 1-3 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review and summarize the eight steps in the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish differences in the accounting cycle for a merchandising business versus a service business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify what source documents include (e.g., till tape, invoices, memos, cash receipts, cheque stubs) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Justify that no entry should be made unless it has a supporting document as related to the GAAP objectivity principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze each source document and journalize appropriately for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Execute a multi-journal system and/or an expanded combination journal (e.g., sales, purchases, cash receipts, cash payment) for a scenario/simulation of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Post values to the general ledger and subsidiary ledgers such as accounts receivable and accounts payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Total and prove journal(s) debit columns equal credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Examine ways to prove the accuracy of posting (e.g., schedule of accounts payable, schedule of accounts receivable).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT19","text":null,"addlInfo":null,"name":"Module 19: Steps 4-8 of Accounting Cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":18,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 4-8 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the accuracy of the general ledger for a merchandising business by preparing a trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Complete a worksheet by organizing and planning adjustments and sorting account balances into the correct financial statement columns to calculate the net income/loss.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Prepare a balance sheet, income statement and statement of owners\u0027 equity for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine and discuss who reads financial statements and why they do.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare the journal entries for adjusting and closing entries for the end of the accounting period in the general or synoptic/combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Post the adjusting and closing entries by transferring them from the journals to the general ledger to close the temporary accounts and prepare the business books for the next accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare a post-closing trial balance to check the equality of the general ledger upon completion of the accounting cycle in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT20","text":null,"addlInfo":null,"name":"Module 20: Introduction to Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate non-monetary aspects of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Analyze and describe characteristics of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between management and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and explain the management functions of planning, organizing, budgeting, forecasting and decision making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify and evaluate a range of management styles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Distinguish the difference among management roles such as manager controller, human resource manager, union-management and operations manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify and evaluate skills needed to fulfill management roles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design a set of interview questions that could be used to interview for a manager position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Create a simulation that will evaluate whether or not an individual is an effective manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31C","text":null,"addlInfo":null,"name":"Module 31C: Depreciation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Intermediate","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine depreciation of fixed assets through journals and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe the function of depreciation as connected to journal entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting concepts, principles, and practices (e.g., historical cost, matching revenue expenses, obsolescence, salvage value, book value) related to fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define fixed assets and describe how the amount of depreciation is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze how accounting for depreciation affects fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compute the amount of estimated depreciation expense and prepare journal entries using the straight-line method of depreciation for full and partial years.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore and differentiate methods such as declining- balance, sum-of-the-years digits, production-unit method, and capital cost allowance for calculating depreciation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare journal entries for the disposal of fixed assets which have an accumulated depreciation account, calculating for each situation, disposing for a gain, a loss and at book value.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate and record depreciation of fixed assets in a journal and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT22","text":null,"addlInfo":null,"name":"Module 22: Fixed and Variable Costs","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 21","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the factors a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss factors such as prices of products, volume of sales or production, per unit variable costs, total fixed costs and mix of products sold that a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish costs as being fixed or variable and describe how a manager may use this information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Determine a mixed costs analysis using the high-low method and the scatter graph method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare an income statement detailing the contribution margin to the traditional income statement and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Create an income statement detailing the contribution margin.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define the breakeven point to be when sales revenue is equal to total costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the breakeven point in units and sales and discuss how managers would use the breakeven point.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how cost-volume-profit (CVP) analysis connects the relationship of product prices, volume or activity levels, variable costs per unit and total fixed costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Apply the CVP equations (e.g., breakeven sales volume \u003d fixed costs ÷ contribution margin) to analyze various scenarios to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Analyze various scenarios by applying the CVP equations to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Define fixed and variable costs and related terms (e.g., cost behaviours, sales revenue contribution margin, contribution approach).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Compute and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT23","text":null,"addlInfo":null,"name":"Module 23: Budgeting for Profit Planning","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 22","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine how budgets assist in profit planning.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define the functions, goals, purposes and advantages of a budget and the budgeting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between the concepts of planning and control when discussing budgets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and present the contributions of five types of budgets including sales, purchases, cost of goods manufactured, selling and administrative expense and cash to the master budget as part of the profit planning process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Organize and construct a budgeted income statement and budgeted balance sheet based on budget information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Differentiate and describe the variances (e.g., manager’s performance or because of production/ market/ economic conditions) between budgeted and actual data that require further investigation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compare and outline the differences between a master budget and a flexible budget using what-if questions to observe changes in net income/loss, using variations in selling price, fixed costs, variable administration expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25A","text":null,"addlInfo":null,"name":"Module 25A: Basic Payroll","focus":null,"designation":"Optional","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll and how net pay is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25B","text":null,"addlInfo":null,"name":"Module 25B: Advanced Payroll","focus":null,"designation":"Optional","suggestedTimeMin":6,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 25A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll for a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Itemize payroll components including earnings, compulsory and voluntary deductions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify why detailed payroll records must be maintained.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the data (e.g., hourly wage, salary, piecework, commission, overtime, contract work) typically used to calculate earnings for gross pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Prepare a payroll chart using provided financial information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate gross pay, total deductions and net pay based on the earnings for the correct pay period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between mandatory and voluntary optional deductions for employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Recognize that the compulsory deductions are an employer\u0027s expense to the federal government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate compulsory deductions (i.e., Canada Pension Plan, Employment Insurance, Federal Income Tax) and voluntary deductions using the taxable earnings based on government set percentages.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss employers’ responsibilities regarding dispersing voluntary deductions to appropriate organizations (e.g., charitable donations).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Journalize and post the payroll to update general ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Discuss the importance of accurate payroll information for the preparation of year-end summaries (e.g., T4 and T4-A slips).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Analyze the importance of an employer completing a Record of Employment, with appropriate codes, for employees in situations where employment ends, or the employee leaves due to pregnancy, injury, illness, adoption leave, layoff, or dismissal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Generate a payroll for a business simulation, with or without accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT26","text":null,"addlInfo":null,"name":"Module 26: Business Taxes and Taxation","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 25B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore business taxes and taxation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Categorize taxes (e.g., property tax, business tax) paid in order to run a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the significance of provincial sales tax collection from consumers’ purchases to be remitted (paid) to the provincial government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eExamine the importance of GST (\u003ci\u003eGoods and Services Tax\u003c/i\u003e) being collected and remitted to the federal government.\u003c/p\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare journal entries incorporating various types of taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the purpose of municipal, provincial and federal taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27A","text":null,"addlInfo":null,"name":"Module 27A: Business Banking","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate banking functions for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify banking services designed for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify commonly used terms such as service charges and interest rates within the financial services industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze banking services and software designed to meet specific business needs (e.g., small business, online business).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine banking fraud and its impact on businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the impact electronic banking has on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between a chartered bank, a credit union, a trust company and other financial services in the community.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27B","text":null,"addlInfo":null,"name":"Module 27B: Banking for Business Controls","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the importance of cash control in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the purpose of the bank reconciliation as a method of cash control.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare a bank reconciliation and update accounting records (journals, cheque stubs) after the reconciliation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare a business reconciliation to a personal situation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify the need for a set of internal cash control procedures for a business to protect against theft, waste and to ensure accurate data.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine and express one\u0027s own beliefs, values, and attitudes when handling ethical and unethical situations relating to cash and business practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how the frequency of cash transactions requires a cash receipts journal, cash payments journal, or a synoptic/combination journal to be used as the book(s) of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT28","text":null,"addlInfo":null,"name":"Module 28: Petty Cash","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the purpose of having a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define petty cash fund and recognize the advantages of having such an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify practices for establishing and replenishing a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Carry out a transaction in which petty cash is used as payment.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss how a petty cash system can be adapted to different organizations and businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Summarize and explain good cash control procedures within personal, community, and business situations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31D","text":null,"addlInfo":null,"name":"Module 31D: Inventory Valuation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine different inventory valuation methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define terms related to pricing of inventory such as stock record, stock ledger, Last-In, Last-Out(LILO), and First-In, First-Out (FIFO).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish between periodic and perpetual inventory and explain the conditions under which each type of inventory may be advantageous.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify accounts affected by merchandise inventory, and used in calculating cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine merchandise included in counting inventory (e.g., merchandise in transit, merchandise on consignment).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Describe and calculate three methods of valuing merchandise inventory including First-In, First-Out (FIFO), Last-In, Last-Out (LILO) and Weighted Average.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between three methods (i.e., First-In, First-Out [FIFO], LastIn, Last-Out [LILO] and Weighted Average) for valuing inventory when reporting net income and total assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the effects of increasing and decreasing market prices on inventory values.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT32","text":null,"addlInfo":null,"name":"Module 32: Promissory Notes","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze and record entries related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts such as note payable, note receivable, maker of a note, payee, principal, interest rate, maturity date, term, maturity value, interest income, interest expense and dishonored note related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record the acceptance of a note as receivable or payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the maturity date of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest or expense on promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Account for the collection or payment of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for a dishonored promissory note receivable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT33","text":null,"addlInfo":null,"name":"Module 33: Accrued Revenue","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 32","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine entries related to accrued and deferred revenue and expenses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Record an entry to receive cash on deferred revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the amounts and record the entry for deferred revenue when earned.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Record an entry to pay cash on a deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the amount and record the entry for a deferred expense when incurred.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34A","text":null,"addlInfo":null,"name":"Module 34A: Agricultural Accounting: Impact of Records","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess the impact of accurate record keeping in the agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain why farm records are required.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Investigate the potential consequences of inaccurate bookkeeping.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Investigate forms of record keeping that address specific needs of the agriculture industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Generate a list of who (e.g., insurance agencies, Canadian Wheat Board, Canada Customs and Revenue Agency, financial institutions) would need to access farm records and discuss the purpose (e.g., financing, tax returns, farm programs, crop insurance) for granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss the role that insurance agencies play in protecting various farm investments (e.g., crop, stock).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Investigate agencies/organizations (e.g., Saskatchewan Economic Development Corporation, Farm Credit Canada, Farm Syndicates Credit Act) and the available financial supports for agriculture credit and why accurate farm records are needed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine programs available through agencies/organizations such as Agriculture and Agri-Food Canada that support specific groups (e.g., farm with lower net worth, First Nations, corporations) working in the agriculture industry in Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how farm records are used to make decisions regarding operation (e.g., what to grow and when, diversification) and financial management (e.g., capital asset replacement, tax laws, estate planning tools, government programs, loan application) decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Compose a set of guidelines for ethical and fair accounting decisions in an agricultural application.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry questions: Why keep records? Who should have access to records?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34B","text":null,"addlInfo":null,"name":"Module 34B: Agricultural Business","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 34A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine business ownership as applied to agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize forms (e.g., sole proprietorship, corporation, franchise, partnership, cooperative model) of business ownership and discuss the applications to agricultural settings.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Discuss the benefits of different forms (e.g., sole proprietorship, corporation, partnership) of business ownership as applied to agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between cash and accrual accounting systems used within agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34C","text":null,"addlInfo":null,"name":"Module 34C: Agricultural Accounting Procedures","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Advanced","prerequisite":"Module 34B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate accounting practices for agricultural business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review cash control principles and give examples of how those principles may be used in a farm setting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish and sort farm financial information (e.g., vehicle, fuel, power, groceries, property tax, veterinary) into business and personal categories in preparation for journalizing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Categorize farm business expenses (e.g., purchase of seed, insurance premiums, percentage of utility bills, repairs and maintenance, feed) and farm business income (e.g., sales from crops, refunds, livestock products).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between a synoptic/combination journal in an agricultural setting and a synoptic/combination journal created in a general business setting and describe the similarities and differences between these two books of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Recognize cash and accrual methods of accounting and describe the circumstances under which each may be used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze how transactions such as cash inflow, cash outflow and accounting software are recorded to keep accurate agricultural business records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design and present column headings for the cash inflow and cash outflow synoptic/combination journals given transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze and record transactions related to an agricultural setting into cash inflow and cash outflow synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Balance and post column totals of completed synoptic/combination journals to general and subsidiary ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prepare a cash statement of farming income and expenses (i.e., income statement), a statement of net worth (i.e., balance sheet), and an accrual income statement from ledger accounts and the synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze scenarios (e.g., increased fertilizer or fuel expense, drop in livestock price) using farm records and justify actions to be taken the following year based on those records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT35","text":null,"addlInfo":null,"name":"Module 35: Journals and Financial Statements for Partnership","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Construct journal entries and financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare journals and financial statements for a sole proprietorship to those for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the accounting implications for dissolving a partnership and liquidating assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT36","text":null,"addlInfo":null,"name":"Module 36: Journals and Financial Statements for Corporate Accounting","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine journal entries and financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between journal entries and financial statements for a corporation, sole proprietorship and partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT37","text":null,"addlInfo":null,"name":"Module 37: Merchandising Business Project","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through a project simulation related to a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Organize and plan an accounting system that could be implemented given a set of a real life numerical examples such as phone bill, utility bills, business license, or rent.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Perform the financial responsibilities necessary to implement a chosen accounting system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry question: How do the accounts of a merchandising business differ from a service business?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Review the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT38","text":null,"addlInfo":null,"name":"Module 38: Accounting Project for Business","focus":null,"designation":"Optional","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 24","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Engage in an accounting project or simulation related to owning or operating a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a business proposal for a business (e.g., online business, small business, e-business) within an area of interest (e.g., delivery service, investment company, shoe store, sports team).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Engage in the inquiry questions: How do copyright laws impact business decisions? How do online stores challenge personal ethics?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Justify your business decisions (e.g., drop shipping and out sourcing) based on your personal and business ethics (e.g., sustainable business, child labour, cosmetics and animal testing, economic footprint, First Nations and Métis worldviews/land).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze strengths, weaknesses, opportunities and threats from a managerial lens, given a variety of business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate how business impacts the local and global economy.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81A","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81A: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Intermediate","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81B","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81B: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Advanced","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82A","text":null,"addlInfo":null,"name":"Module 82A: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82B","text":null,"addlInfo":null,"name":"Module 82B: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll and how net pay is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll for a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Itemize payroll components including earnings, compulsory and voluntary deductions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify why detailed payroll records must be maintained.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the data (e.g., hourly wage, salary, piecework, commission, overtime, contract work) typically used to calculate earnings for gross pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Prepare a payroll chart using provided financial information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate gross pay, total deductions and net pay based on the earnings for the correct pay period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between mandatory and voluntary optional deductions for employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Recognize that the compulsory deductions are an employer\u0027s expense to the federal government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate compulsory deductions (i.e., Canada Pension Plan, Employment Insurance, Federal Income Tax) and voluntary deductions using the taxable earnings based on government set percentages.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss employers’ responsibilities regarding dispersing voluntary deductions to appropriate organizations (e.g., charitable donations).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Journalize and post the payroll to update general ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Discuss the importance of accurate payroll information for the preparation of year-end summaries (e.g., T4 and T4-A slips).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Analyze the importance of an employer completing a Record of Employment, with appropriate codes, for employees in situations where employment ends, or the employee leaves due to pregnancy, injury, illness, adoption leave, layoff, or dismissal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Generate a payroll for a business simulation, with or without accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Explore business taxes and taxation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Categorize taxes (e.g., property tax, business tax) paid in order to run a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the significance of provincial sales tax collection from consumers’ purchases to be remitted (paid) to the provincial government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eExamine the importance of GST (\u003ci\u003eGoods and Services Tax\u003c/i\u003e) being collected and remitted to the federal government.\u003c/p\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare journal entries incorporating various types of taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the purpose of municipal, provincial and federal taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate banking functions for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify banking services designed for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify commonly used terms such as service charges and interest rates within the financial services industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze banking services and software designed to meet specific business needs (e.g., small business, online business).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine banking fraud and its impact on businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the impact electronic banking has on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between a chartered bank, a credit union, a trust company and other financial services in the community.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Analyze the importance of cash control in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the purpose of the bank reconciliation as a method of cash control.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare a bank reconciliation and update accounting records (journals, cheque stubs) after the reconciliation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare a business reconciliation to a personal situation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify the need for a set of internal cash control procedures for a business to protect against theft, waste and to ensure accurate data.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine and express one\u0027s own beliefs, values, and attitudes when handling ethical and unethical situations relating to cash and business practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how the frequency of cash transactions requires a cash receipts journal, cash payments journal, or a synoptic/combination journal to be used as the book(s) of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate the purpose of having a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define petty cash fund and recognize the advantages of having such an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify practices for establishing and replenishing a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Carry out a transaction in which petty cash is used as payment.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss how a petty cash system can be adapted to different organizations and businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Summarize and explain good cash control procedures within personal, community, and business situations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in service business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a service business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how service businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a service business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"MODULE","identifier":"ACCT21","text":null,"addlInfo":null,"name":"Module 21: Cost Accounting","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 20","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate calculating, controlling and reporting costs of doing business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define cost accounting and explain how it relates to management accounting and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate cost into two categories (i.e., manufacturing costs and nonmanufacturing costs) to be used in management analysis.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Classify direct labour, direct materials and manufacturing overhead as manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Classify marketing/selling costs and administration costs as non-manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Debate the importance of labour costs to management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Assess and describe how opportunity costs and sunk costs become part of the management decision-making process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare the manufacturing statement, the schedule of cost of goods manufactured statement and the income statement for a merchandising business and manufacturing business and then examine the purpose of each.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine journal entries and financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between journal entries and financial statements for a corporation, sole proprietorship and partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through a project simulation related to a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Organize and plan an accounting system that could be implemented given a set of a real life numerical examples such as phone bill, utility bills, business license, or rent.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Perform the financial responsibilities necessary to implement a chosen accounting system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry question: How do the accounts of a merchandising business differ from a service business?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Review the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Engage in an accounting project or simulation related to owning or operating a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a business proposal for a business (e.g., online business, small business, e-business) within an area of interest (e.g., delivery service, investment company, shoe store, sports team).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Engage in the inquiry questions: How do copyright laws impact business decisions? How do online stores challenge personal ethics?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Justify your business decisions (e.g., drop shipping and out sourcing) based on your personal and business ethics (e.g., sustainable business, child labour, cosmetics and animal testing, economic footprint, First Nations and Métis worldviews/land).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze strengths, weaknesses, opportunities and threats from a managerial lens, given a variety of business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate how business impacts the local and global economy.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate the need for accounting in business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Explain the role of accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Utilize transactions and apply T-accounts in order to understand the concept of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Relate the left and right of the T-account location to the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Label debit (left) and credit (right) as left and right of the T-account location.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the location (l/r) of the elements (i.e., assets, liabilities, owners’ equity) of the accounting equation and how those elements correlate to the normal balance of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Implement the use of normal balance in each sub-element of owners’ equity (i.e., capital [CR], drawings [DR], revenue [CR] and expenses [DR]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interpret how the normal balance side of a T-account relates to the increase and decrease of an account balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize and apply the concept of double entry accounting by assigning the amounts of a transaction into one debit and one credit part.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze transactions into debits and credits using a pair of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze a full set of business transactions and record in a ledger of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the final balance of a T-account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prove equality between normal debit balances and normal credit balances by totaling accounts to confirm the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Discuss how capital, drawings, revenue and expenses relate to owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Explore how journals simplify and organize transactions in accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify the information contained in source documents.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify the importance of a journal as a permanent legal entity or legal document as it connects to Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify columns (i.e., general debit, general credit, special amount columns) of a combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze and record business transactions into a journal or journals referencing a chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prove the total of debit columns equals the total of credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Prove cash by determining that the amount of cash in the journal agrees with the accounting records (e.g., cheque stub).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze, explain and correct discrepancies when preparing a series of accounting proofs such as slide, divide by 9, and double/half.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Summarize transactions of an account by updating ledgers to obtain current balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a chart of accounts and sort assets (100), liabilities (200), capital (300), revenue (400) and expenses (500) into numerical order for a service business organized as a proprietorship.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the columns (e.g., date, name, account, number, account number, entry, balance) of a ledger form and open a ledger for each account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the need for a ledger (i.e., balance of accounts) when a journal is already done.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Post amounts from the general debit and credit columns into individual accounts in the general ledger.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Post totals from the special amount columns to individual accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Create a worksheet to summarize data in order to generate financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the ledger by preparing a trial balance in the worksheet which includes listing all account titles and balances from the general ledgers into correct debit and credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate and record adjustments in the worksheet in accordance with the Generally Accepted Accounting Principle (GAAP) matching principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Extend the revenue and expense accounts into the income statement from the trial balance and adjustments column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Extend the assets, liabilities, capital, and drawing accounts to the balance sheet column from the trial balance and adjustment column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Total the columns of the income statement and calculate net income/net loss with proving totals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the relationship between sales and expenses (i.e., net income or net loss) on the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Prepare and interpret financial statements (income statement and balance sheet) for an accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how recording and reporting financial information affects business owners’ ability to make accurate business decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Consider the inquiry questions: How are financial statements used to aid decision makers? What information must be present on a financial statement (e.g., adequate disclosure)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the purpose of income statements and balance sheets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compile the income statement listing the heading, business name, date, account titles and appropriate debit and credit amounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the net income or loss by comparing the revenue and expenses to ensure the net income/loss on the income statement is consistent with the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize that a balance sheet reports the financial condition of a business on a specific date by detailing the assets, liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compile a balance sheet listing business name, date, account titles and appropriate amounts for the assets and liabilities using the amounts from the worksheet’s balance sheet columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the capital for a balance sheet ensuring that total assets equal total liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Critique a presentation of financial statements from the perspective of a member of the board of directors or from the perspective of a potential investor.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Assess the viability of a business based on a simulated balance sheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze examples of publicly available financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Generate adjusting and closing entries in relation to the appropriate accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe how the matching principle justifies the need for adjusting and closing entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record adjusting entries in the general or combination journal for all prepaid expenses (e.g., supplies, insurance, advertising).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Transfer the adjusting entries from the general or combination journal to the ledger by posting them to appropriate ledger account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between permanent and temporary accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Identify the new account income summary as a temporary account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define and discuss the purpose of closing entries (e.g., update accounts, transferring net income/loss to owners’ equity account).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate and prepare closing entries by journalizing each entry and posting them to the ledger to bring temporary accounts to zero.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Explore the final step of the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define post-closing trial balance and its purpose.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prove the equality between debits and credits of the permanent accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Rationalize why no temporary accounts will be in the post-closing trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize the end-of-the month permanent account balances are new balances for the next month.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine the inquiry question: Why is it important to complete the post-closing trial balance at the end of a fiscal period?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through application of the accounting cycle for service business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) to a service business scenario.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Apply error finding techniques within aspects of the accounting cycle and identify appropriate corrections.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss and justify decisions made to solve problems that arise during the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze decisions for given scenarios utilizing the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the financial situation of a service business based on the financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compose questions to help accountants interpret and analyze financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compare post-closing trial balances for two different accounting cycles and examine changes that occurred during the accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Justify the importance of wellness practices for employers and employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry in Saskatchewan and Canada.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify occupations in the accounting industry (e.g., public accounting, industry, government).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eResearch different occupations in the accounting field to contrast: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n educational requirements;\n \u003c/li\u003e\n \u003cli\u003e\n working conditions, including typical hours and shifts worked as well as typical locations;\n \u003c/li\u003e\n \u003cli\u003e\n duties and skills required; and,\n \u003c/li\u003e\n \u003cli\u003e\n professional and/or licensing requirements in Saskatchewan (CPA) and Canada.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research different specializations in the accounting field such as business analyst, controller, financial accounting, managerial accounting and forensic accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how accounting professionals apply and adhere to different accounting standards depending on the type of entity (e.g., publicly accountable enterprise [IFRS], private enterprise [ASPE], not for profit organization [NPO], public sector entity [PSAB]) in which they are employed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Design interview questions that could be used for an accounting position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Critique skills and interests that would enhance career choices (e.g., a focus on accounting practices specific to the agricultural community).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how economic conditions may affect job prospects in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the operation and viability of a merchandising business from an accounting perspective.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Investigate the difference between a service business and a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze local, provincial, national and international examples of merchandising (buying and selling) between producer, manufacturer, wholesaler, retailer and consumer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Evaluate business decisions related to import/export costs, product sustainability, local vs international merchandise and the impact those decisions have on the financial profits/loss of a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify examples of merchandising businesses within the community and examine the viability of the business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interview an owner of a merchandising business in the community to discuss operational information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explain the difference between the acquisition price and the selling price of a product.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the meaning of markup, margin and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Explain purchases and their related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Design a proposal for a home-based or online merchandising business, including components such as cost price, profit, overhead, selling price, salaries, delivery, advertising, income tax benefits, primary or secondary source revenue, supplier and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Explain the purpose and application of the Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how Generally Accepted Accounting Principles (GAAPs) and accounting standards are applied to accounting cycles and to business transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Collaborate with peers to discuss inquiry questions such as: Why do GAAPs and accounting standards exist? How are the GAAPs applied? What would happen in the absence of any standards?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the relationship between personal, professional and business ethics and how it relates to GAAPs and the accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss why different parts of accounting handbook exist (e.g., International Financial Reporting Standards [IFRS], Accounting Standards for Private Enterprises [ASPE], Not-for-profit organizations [NPO], Public Sector Accounting Board [PSAB]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate accounting examples of current events that involve a breach in ethics or failure to adhere to accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Explore the importance of inventory and its accurate value within a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define merchandising inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and assign a number to the different types of accounts used in a merchandising business such as merchandise inventory, purchases, sales and cost of goods sold to the chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry questions: Why is inventory reported on the balance sheet as the amount paid for the item, not the selling price? Why is the cost of goods sold reported on the income statement?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the relationship between beginning inventory (e.g., cost of goods on hand) and ending inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the balance of merchandise inventory in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between perpetual inventory and periodic inventory, considering cost, ease of handling, computerization and labour hours.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze the implications of inventory surplus or deficits in a business (e.g., cash flow, expenses, loss).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Assess sales and purchase accounts for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Distinguish between cash and purchase transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze sales tax as a liability in a business and how it is calculated on sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Assess discounts and how they apply to purchases (e.g., 2/10 n/30 – 2% off if paid within 10 days or net 30) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze the effect that sales returns and discounts have on original sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Implement contra accounts to record returns and allowances transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze a sales invoice to see if all relevant components including seller, buyer, date, quantity, date, amount, item, tax, terms and total are noted.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Implement the use of special journals (e.g., purchases, cash payments, sales, cash receipts, departmental journals).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Organize transactions into the appropriate sales or purchase journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Distinguish between the general ledger and the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Discuss how the controlling accounts receivable and the controlling accounts payable account summarize all accounts from the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Produce a schedule of accounts payable and accounts receivable ensuring the total matches the appropriate controlling account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Post-sales on account transactions, totals, merchandise purchases, cash receipts and cash payments to the appropriate ledger or column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Critique how cash on delivery (COD), on account, charge, discounts and returns all impact the sales revenue of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Explain how sales and related accounts are the main source of revenue in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"o","text":"Classify purchases and related accounts (e.g., source documents, invoice, returns and allowances, discounts) as well as invoice and transportation costs (e.g., freight-in, free on board destination).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"p","text":"Explain purchases and its related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"q","text":"Apply generally accepted accounting principles (GAAP) to sales and purchases.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 1-3 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review and summarize the eight steps in the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish differences in the accounting cycle for a merchandising business versus a service business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify what source documents include (e.g., till tape, invoices, memos, cash receipts, cheque stubs) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Justify that no entry should be made unless it has a supporting document as related to the GAAP objectivity principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze each source document and journalize appropriately for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Execute a multi-journal system and/or an expanded combination journal (e.g., sales, purchases, cash receipts, cash payment) for a scenario/simulation of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Post values to the general ledger and subsidiary ledgers such as accounts receivable and accounts payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Total and prove journal(s) debit columns equal credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Examine ways to prove the accuracy of posting (e.g., schedule of accounts payable, schedule of accounts receivable).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 4-8 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the accuracy of the general ledger for a merchandising business by preparing a trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Complete a worksheet by organizing and planning adjustments and sorting account balances into the correct financial statement columns to calculate the net income/loss.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Prepare a balance sheet, income statement and statement of owners\u0027 equity for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine and discuss who reads financial statements and why they do.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare the journal entries for adjusting and closing entries for the end of the accounting period in the general or synoptic/combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Post the adjusting and closing entries by transferring them from the journals to the general ledger to close the temporary accounts and prepare the business books for the next accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare a post-closing trial balance to check the equality of the general ledger upon completion of the accounting cycle in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate non-monetary aspects of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Analyze and describe characteristics of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between management and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and explain the management functions of planning, organizing, budgeting, forecasting and decision making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify and evaluate a range of management styles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Distinguish the difference among management roles such as manager controller, human resource manager, union-management and operations manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify and evaluate skills needed to fulfill management roles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design a set of interview questions that could be used to interview for a manager position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Create a simulation that will evaluate whether or not an individual is an effective manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate calculating, controlling and reporting costs of doing business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define cost accounting and explain how it relates to management accounting and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate cost into two categories (i.e., manufacturing costs and nonmanufacturing costs) to be used in management analysis.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Classify direct labour, direct materials and manufacturing overhead as manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Classify marketing/selling costs and administration costs as non-manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Debate the importance of labour costs to management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Assess and describe how opportunity costs and sunk costs become part of the management decision-making process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare the manufacturing statement, the schedule of cost of goods manufactured statement and the income statement for a merchandising business and manufacturing business and then examine the purpose of each.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the factors a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss factors such as prices of products, volume of sales or production, per unit variable costs, total fixed costs and mix of products sold that a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish costs as being fixed or variable and describe how a manager may use this information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Determine a mixed costs analysis using the high-low method and the scatter graph method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare an income statement detailing the contribution margin to the traditional income statement and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Create an income statement detailing the contribution margin.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define the breakeven point to be when sales revenue is equal to total costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the breakeven point in units and sales and discuss how managers would use the breakeven point.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how cost-volume-profit (CVP) analysis connects the relationship of product prices, volume or activity levels, variable costs per unit and total fixed costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Apply the CVP equations (e.g., breakeven sales volume \u003d fixed costs ÷ contribution margin) to analyze various scenarios to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Analyze various scenarios by applying the CVP equations to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Define fixed and variable costs and related terms (e.g., cost behaviours, sales revenue contribution margin, contribution approach).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Compute and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine how budgets assist in profit planning.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define the functions, goals, purposes and advantages of a budget and the budgeting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between the concepts of planning and control when discussing budgets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and present the contributions of five types of budgets including sales, purchases, cost of goods manufactured, selling and administrative expense and cash to the master budget as part of the profit planning process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Organize and construct a budgeted income statement and budgeted balance sheet based on budget information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Differentiate and describe the variances (e.g., manager’s performance or because of production/ market/ economic conditions) between budgeted and actual data that require further investigation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compare and outline the differences between a master budget and a flexible budget using what-if questions to observe changes in net income/loss, using variations in selling price, fixed costs, variable administration expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Justify how financial statement analysis assists management with decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Examine and outline the purpose of financial statement analysis in management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Review what information financial statements provide and to whom financial statements may be of use.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze financial statements and express trends and changes using comparative balance sheets and comparative income statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Investigate how a manager would interpret trends and changes (e.g., a slight increase/ decrease in net sales from one month to another).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze financial statements and express the strengths and weaknesses of a business using ratios (e.g., current, quick or acid test, inventory turnover, debt and equity, return on owners’ equity, markup and return on sales).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Examine the performance earnings and efficiency analysis and describe how they support management decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"GOAL","identifier":"Optional Modules from the Financial Literacy Curriculum","text":null,"addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"FINL29C","text":null,"addlInfo":null,"name":"Module 29C: Criteria to Consider When Investing","focus":null,"designation":null,"suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Intermediate","prerequisite":"Module 29B","notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"FINL29D","text":null,"addlInfo":null,"name":"Module 29D: Stock Markets and Investment Options","focus":null,"designation":null,"suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Modules 4, 29B","notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"FINL26G","text":null,"addlInfo":null,"name":"Module 26G: Investment Portfolio","focus":null,"designation":null,"suggestedTimeMin":10,"suggestedTimeMax":15,"level":"Advanced","prerequisite":"Modules 5, 29E","notesTop":null,"notesBottom":null,"children":[]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate the impact of technology on accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss the benefits and limitations of accounting software and apps.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Implement individual steps of the accounting cycle of a business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Create a mock business plan and utilize technology to generate the financial operations of a business following the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Research digital currency and discuss how it impacts businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Generate a list of considerations (e.g., security of data, affordability, updates, required forms) when implementing accounting technology in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Defend the need for security systems, data protection and backup for accounting records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the impact (e.g., accessibility, global markets, e-business, working from home) of technology on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate different types of businesses and options for ownership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Analyze how financial statements are used when making business decisions related to bad debt.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Generate a list of who (e.g., insurance agencies, Canada Revenue Agency, financial institutions) needs access to financial statements and discuss the purpose of granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Define bad debts and depreciation as used within financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how bad debts, depreciation, and inventory valuations assist in assuring that assets are represented as accurately as possible on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Explore the inquiry questions: Who is interested in the accurate calculations of assets? Is it practical to aim for no bad debts in every situation? What impact does Canada Revenue Agency have on the amount of bad debt a company may claim?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Assess the impact of the GAAPs (e.g., historical cost, adequate disclosure, matching revenue with expenses, consistent reporting) on what is reported on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine bad debts expense using the allowance method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define write-off using the allowance method and direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between a write-off and a direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the purpose of the allowance method for recording losses from uncollectible accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compute the amount of estimated bad debt for a business and prepare adjusting entries using the aging and percentage of net sales methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Perform the entries for writing off an uncollectible accounts receivable, using the write-off from an allowance account method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for the collection of an account receivable that was written off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine depreciation of fixed assets through journals and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe the function of depreciation as connected to journal entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting concepts, principles, and practices (e.g., historical cost, matching revenue expenses, obsolescence, salvage value, book value) related to fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define fixed assets and describe how the amount of depreciation is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze how accounting for depreciation affects fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compute the amount of estimated depreciation expense and prepare journal entries using the straight-line method of depreciation for full and partial years.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore and differentiate methods such as declining- balance, sum-of-the-years digits, production-unit method, and capital cost allowance for calculating depreciation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare journal entries for the disposal of fixed assets which have an accumulated depreciation account, calculating for each situation, disposing for a gain, a loss and at book value.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate and record depreciation of fixed assets in a journal and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine different inventory valuation methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define terms related to pricing of inventory such as stock record, stock ledger, Last-In, Last-Out(LILO), and First-In, First-Out (FIFO).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish between periodic and perpetual inventory and explain the conditions under which each type of inventory may be advantageous.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify accounts affected by merchandise inventory, and used in calculating cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine merchandise included in counting inventory (e.g., merchandise in transit, merchandise on consignment).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Describe and calculate three methods of valuing merchandise inventory including First-In, First-Out (FIFO), Last-In, Last-Out (LILO) and Weighted Average.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between three methods (i.e., First-In, First-Out [FIFO], LastIn, Last-Out [LILO] and Weighted Average) for valuing inventory when reporting net income and total assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the effects of increasing and decreasing market prices on inventory values.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Analyze and record entries related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts such as note payable, note receivable, maker of a note, payee, principal, interest rate, maturity date, term, maturity value, interest income, interest expense and dishonored note related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record the acceptance of a note as receivable or payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the maturity date of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest or expense on promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Account for the collection or payment of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for a dishonored promissory note receivable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine entries related to accrued and deferred revenue and expenses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Record an entry to receive cash on deferred revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the amounts and record the entry for deferred revenue when earned.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Record an entry to pay cash on a deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the amount and record the entry for a deferred expense when incurred.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Assess the impact of accurate record keeping in the agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain why farm records are required.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Investigate the potential consequences of inaccurate bookkeeping.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Investigate forms of record keeping that address specific needs of the agriculture industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Generate a list of who (e.g., insurance agencies, Canadian Wheat Board, Canada Customs and Revenue Agency, financial institutions) would need to access farm records and discuss the purpose (e.g., financing, tax returns, farm programs, crop insurance) for granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss the role that insurance agencies play in protecting various farm investments (e.g., crop, stock).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Investigate agencies/organizations (e.g., Saskatchewan Economic Development Corporation, Farm Credit Canada, Farm Syndicates Credit Act) and the available financial supports for agriculture credit and why accurate farm records are needed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine programs available through agencies/organizations such as Agriculture and Agri-Food Canada that support specific groups (e.g., farm with lower net worth, First Nations, corporations) working in the agriculture industry in Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how farm records are used to make decisions regarding operation (e.g., what to grow and when, diversification) and financial management (e.g., capital asset replacement, tax laws, estate planning tools, government programs, loan application) decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Compose a set of guidelines for ethical and fair accounting decisions in an agricultural application.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry questions: Why keep records? Who should have access to records?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Examine business ownership as applied to agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize forms (e.g., sole proprietorship, corporation, franchise, partnership, cooperative model) of business ownership and discuss the applications to agricultural settings.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Discuss the benefits of different forms (e.g., sole proprietorship, corporation, partnership) of business ownership as applied to agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between cash and accrual accounting systems used within agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate accounting practices for agricultural business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review cash control principles and give examples of how those principles may be used in a farm setting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish and sort farm financial information (e.g., vehicle, fuel, power, groceries, property tax, veterinary) into business and personal categories in preparation for journalizing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Categorize farm business expenses (e.g., purchase of seed, insurance premiums, percentage of utility bills, repairs and maintenance, feed) and farm business income (e.g., sales from crops, refunds, livestock products).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between a synoptic/combination journal in an agricultural setting and a synoptic/combination journal created in a general business setting and describe the similarities and differences between these two books of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Recognize cash and accrual methods of accounting and describe the circumstances under which each may be used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze how transactions such as cash inflow, cash outflow and accounting software are recorded to keep accurate agricultural business records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design and present column headings for the cash inflow and cash outflow synoptic/combination journals given transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze and record transactions related to an agricultural setting into cash inflow and cash outflow synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Balance and post column totals of completed synoptic/combination journals to general and subsidiary ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prepare a cash statement of farming income and expenses (i.e., income statement), a statement of net worth (i.e., balance sheet), and an accrual income statement from ledger accounts and the synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze scenarios (e.g., increased fertilizer or fuel expense, drop in livestock price) using farm records and justify actions to be taken the following year based on those records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"OUTCOME","identifier":null,"text":"Construct journal entries and financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare journals and financial statements for a sole proprietorship to those for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the accounting implications for dissolving a partnership and liquidating assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"MODULE","identifier":"FINL29B","text":null,"addlInfo":null,"name":"Module 29B: Saving and Investing","focus":null,"designation":null,"suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":"Modules 20, 29A","notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Label debit (left) and credit (right) as left and right of the T-account location.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the location (l/r) of the elements (i.e., assets, liabilities, owners’ equity) of the accounting equation and how those elements correlate to the normal balance of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Implement the use of normal balance in each sub-element of owners’ equity (i.e., capital [CR], drawings [DR], revenue [CR] and expenses [DR]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Relate the left and right of the T-account location to the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interpret how the normal balance side of a T-account relates to the increase and decrease of an account balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize and apply the concept of double entry accounting by assigning the amounts of a transaction into one debit and one credit part.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze transactions into debits and credits using a pair of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze a full set of business transactions and record in a ledger of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the final balance of a T-account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Discuss how capital, drawings, revenue and expenses relate to owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate and record adjustments in the worksheet in accordance with the Generally Accepted Accounting Principle (GAAP) matching principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Extend the revenue and expense accounts into the income statement from the trial balance and adjustments column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Identify the information contained in source documents.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify columns (i.e., general debit, general credit, special amount columns) of a combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze and record business transactions into a journal or journals referencing a chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prove the total of debit columns equals the total of credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Prove cash by determining that the amount of cash in the journal agrees with the accounting records (e.g., cheque stub).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze, explain and correct discrepancies when preparing a series of accounting proofs such as slide, divide by 9, and double/half.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the columns (e.g., date, name, account, number, account number, entry, balance) of a ledger form and open a ledger for each account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record adjusting entries in the general or combination journal for all prepaid expenses (e.g., supplies, insurance, advertising).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Create a chart of accounts and sort assets (100), liabilities (200), capital (300), revenue (400) and expenses (500) into numerical order for a service business organized as a proprietorship.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the need for a ledger (i.e., balance of accounts) when a journal is already done.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Post amounts from the general debit and credit columns into individual accounts in the general ledger.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Post totals from the special amount columns to individual accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Extend the assets, liabilities, capital, and drawing accounts to the balance sheet column from the trial balance and adjustment column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Total the columns of the income statement and calculate net income/net loss with proving totals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the relationship between sales and expenses (i.e., net income or net loss) on the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Consider the inquiry questions: How are financial statements used to aid decision makers? What information must be present on a financial statement (e.g., adequate disclosure)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the purpose of income statements and balance sheets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Discuss how recording and reporting financial information affects business owners’ ability to make accurate business decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compile the income statement listing the heading, business name, date, account titles and appropriate debit and credit amounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the net income or loss by comparing the revenue and expenses to ensure the net income/loss on the income statement is consistent with the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize that a balance sheet reports the financial condition of a business on a specific date by detailing the assets, liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the capital for a balance sheet ensuring that total assets equal total liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Critique a presentation of financial statements from the perspective of a member of the board of directors or from the perspective of a potential investor.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Assess the viability of a business based on a simulated balance sheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze examples of publicly available financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify the importance of a journal as a permanent legal entity or legal document as it connects to Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Transfer the adjusting entries from the general or combination journal to the ledger by posting them to appropriate ledger account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between permanent and temporary accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Describe how the matching principle justifies the need for adjusting and closing entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Identify the new account income summary as a temporary account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define and discuss the purpose of closing entries (e.g., update accounts, transferring net income/loss to owners’ equity account).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate and prepare closing entries by journalizing each entry and posting them to the ledger to bring temporary accounts to zero.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prove the equality between debits and credits of the permanent accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Rationalize why no temporary accounts will be in the post-closing trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize the end-of-the month permanent account balances are new balances for the next month.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define post-closing trial balance and its purpose.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss and justify decisions made to solve problems that arise during the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze decisions for given scenarios utilizing the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the financial situation of a service business based on the financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compose questions to help accountants interpret and analyze financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compare post-closing trial balances for two different accounting cycles and examine changes that occurred during the accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Evaluate business decisions related to import/export costs, product sustainability, local vs international merchandise and the impact those decisions have on the financial profits/loss of a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify examples of merchandising businesses within the community and examine the viability of the business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interview an owner of a merchandising business in the community to discuss operational information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explain the difference between the acquisition price and the selling price of a product.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the meaning of markup, margin and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Identify occupations in the accounting industry (e.g., public accounting, industry, government).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Research different specializations in the accounting field such as business analyst, controller, financial accounting, managerial accounting and forensic accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how accounting professionals apply and adhere to different accounting standards depending on the type of entity (e.g., publicly accountable enterprise [IFRS], private enterprise [ASPE], not for profit organization [NPO], public sector entity [PSAB]) in which they are employed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Design interview questions that could be used for an accounting position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Critique skills and interests that would enhance career choices (e.g., a focus on accounting practices specific to the agricultural community).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how economic conditions may affect job prospects in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Investigate the difference between a service business and a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Explain purchases and their related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Design a proposal for a home-based or online merchandising business, including components such as cost price, profit, overhead, selling price, salaries, delivery, advertising, income tax benefits, primary or secondary source revenue, supplier and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Collaborate with peers to discuss inquiry questions such as: Why do GAAPs and accounting standards exist? How are the GAAPs applied? What would happen in the absence of any standards?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the relationship between personal, professional and business ethics and how it relates to GAAPs and the accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss why different parts of accounting handbook exist (e.g., International Financial Reporting Standards [IFRS], Accounting Standards for Private Enterprises [ASPE], Not-for-profit organizations [NPO], Public Sector Accounting Board [PSAB]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate accounting examples of current events that involve a breach in ethics or failure to adhere to accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Discuss how Generally Accepted Accounting Principles (GAAPs) and accounting standards are applied to accounting cycles and to business transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish differences in the accounting cycle for a merchandising business versus a service business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify what source documents include (e.g., till tape, invoices, memos, cash receipts, cheque stubs) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Justify that no entry should be made unless it has a supporting document as related to the GAAP objectivity principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the relationship between beginning inventory (e.g., cost of goods on hand) and ending inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the balance of merchandise inventory in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between perpetual inventory and periodic inventory, considering cost, ease of handling, computerization and labour hours.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze the implications of inventory surplus or deficits in a business (e.g., cash flow, expenses, loss).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze sales tax as a liability in a business and how it is calculated on sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Distinguish between cash and purchase transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Assess discounts and how they apply to purchases (e.g., 2/10 n/30 – 2% off if paid within 10 days or net 30) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze the effect that sales returns and discounts have on original sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Implement contra accounts to record returns and allowances transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze a sales invoice to see if all relevant components including seller, buyer, date, quantity, date, amount, item, tax, terms and total are noted.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Implement the use of special journals (e.g., purchases, cash payments, sales, cash receipts, departmental journals).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Organize transactions into the appropriate sales or purchase journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Distinguish between the general ledger and the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Discuss how the controlling accounts receivable and the controlling accounts payable account summarize all accounts from the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Produce a schedule of accounts payable and accounts receivable ensuring the total matches the appropriate controlling account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Post-sales on account transactions, totals, merchandise purchases, cash receipts and cash payments to the appropriate ledger or column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Critique how cash on delivery (COD), on account, charge, discounts and returns all impact the sales revenue of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Explain how sales and related accounts are the main source of revenue in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"o","text":"Classify purchases and related accounts (e.g., source documents, invoice, returns and allowances, discounts) as well as invoice and transportation costs (e.g., freight-in, free on board destination).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"p","text":"Explain purchases and its related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"q","text":"Apply generally accepted accounting principles (GAAP) to sales and purchases.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze each source document and journalize appropriately for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Execute a multi-journal system and/or an expanded combination journal (e.g., sales, purchases, cash receipts, cash payment) for a scenario/simulation of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Post values to the general ledger and subsidiary ledgers such as accounts receivable and accounts payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Total and prove journal(s) debit columns equal credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Examine ways to prove the accuracy of posting (e.g., schedule of accounts payable, schedule of accounts receivable).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Complete a worksheet by organizing and planning adjustments and sorting account balances into the correct financial statement columns to calculate the net income/loss.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Prepare a balance sheet, income statement and statement of owners\u0027 equity for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine and discuss who reads financial statements and why they do.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Prove the accuracy of the general ledger for a merchandising business by preparing a trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare the journal entries for adjusting and closing entries for the end of the accounting period in the general or synoptic/combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Post the adjusting and closing entries by transferring them from the journals to the general ledger to close the temporary accounts and prepare the business books for the next accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare a post-closing trial balance to check the equality of the general ledger upon completion of the accounting cycle in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry questions: Why is inventory reported on the balance sheet as the amount paid for the item, not the selling price? Why is the cost of goods sold reported on the income statement?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Analyze and describe characteristics of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish costs as being fixed or variable and describe how a manager may use this information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Determine a mixed costs analysis using the high-low method and the scatter graph method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify and evaluate a range of management styles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Distinguish the difference among management roles such as manager controller, human resource manager, union-management and operations manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify and evaluate skills needed to fulfill management roles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design a set of interview questions that could be used to interview for a manager position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Create a simulation that will evaluate whether or not an individual is an effective manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate cost into two categories (i.e., manufacturing costs and nonmanufacturing costs) to be used in management analysis.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define cost accounting and explain how it relates to management accounting and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Classify direct labour, direct materials and manufacturing overhead as manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Classify marketing/selling costs and administration costs as non-manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Debate the importance of labour costs to management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Assess and describe how opportunity costs and sunk costs become part of the management decision-making process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Review what information financial statements provide and to whom financial statements may be of use.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Discuss factors such as prices of products, volume of sales or production, per unit variable costs, total fixed costs and mix of products sold that a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare an income statement detailing the contribution margin to the traditional income statement and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Create an income statement detailing the contribution margin.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define the breakeven point to be when sales revenue is equal to total costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the breakeven point in units and sales and discuss how managers would use the breakeven point.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Apply the CVP equations (e.g., breakeven sales volume \u003d fixed costs ÷ contribution margin) to analyze various scenarios to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Analyze various scenarios by applying the CVP equations to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Define fixed and variable costs and related terms (e.g., cost behaviours, sales revenue contribution margin, contribution approach).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Compute and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between the concepts of planning and control when discussing budgets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and present the contributions of five types of budgets including sales, purchases, cost of goods manufactured, selling and administrative expense and cash to the master budget as part of the profit planning process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Organize and construct a budgeted income statement and budgeted balance sheet based on budget information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define the functions, goals, purposes and advantages of a budget and the budgeting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Differentiate and describe the variances (e.g., manager’s performance or because of production/ market/ economic conditions) between budgeted and actual data that require further investigation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compare and outline the differences between a master budget and a flexible budget using what-if questions to observe changes in net income/loss, using variations in selling price, fixed costs, variable administration expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and explain the management functions of planning, organizing, budgeting, forecasting and decision making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze financial statements and express trends and changes using comparative balance sheets and comparative income statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Investigate how a manager would interpret trends and changes (e.g., a slight increase/ decrease in net sales from one month to another).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Examine and outline the purpose of financial statement analysis in management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Examine the performance earnings and efficiency analysis and describe how they support management decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify why detailed payroll records must be maintained.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Prepare a payroll chart using provided financial information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Itemize payroll components including earnings, compulsory and voluntary deductions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate gross pay, total deductions and net pay based on the earnings for the correct pay period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between mandatory and voluntary optional deductions for employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Recognize that the compulsory deductions are an employer\u0027s expense to the federal government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss employers’ responsibilities regarding dispersing voluntary deductions to appropriate organizations (e.g., charitable donations).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Journalize and post the payroll to update general ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Discuss the importance of accurate payroll information for the preparation of year-end summaries (e.g., T4 and T4-A slips).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Analyze the importance of an employer completing a Record of Employment, with appropriate codes, for employees in situations where employment ends, or the employee leaves due to pregnancy, injury, illness, adoption leave, layoff, or dismissal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Generate a payroll for a business simulation, with or without accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Categorize taxes (e.g., property tax, business tax) paid in order to run a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the significance of provincial sales tax collection from consumers’ purchases to be remitted (paid) to the provincial government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eExamine the importance of GST (\u003ci\u003eGoods and Services Tax\u003c/i\u003e) being collected and remitted to the federal government.\u003c/p\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare journal entries incorporating various types of taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the purpose of municipal, provincial and federal taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify practices for establishing and replenishing a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Carry out a transaction in which petty cash is used as payment.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss how a petty cash system can be adapted to different organizations and businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Identify banking services designed for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze banking services and software designed to meet specific business needs (e.g., small business, online business).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine banking fraud and its impact on businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the impact electronic banking has on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare a bank reconciliation and update accounting records (journals, cheque stubs) after the reconciliation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare a business reconciliation to a personal situation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Recognize the purpose of the bank reconciliation as a method of cash control.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify the need for a set of internal cash control procedures for a business to protect against theft, waste and to ensure accurate data.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine and express one\u0027s own beliefs, values, and attitudes when handling ethical and unethical situations relating to cash and business practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how the frequency of cash transactions requires a cash receipts journal, cash payments journal, or a synoptic/combination journal to be used as the book(s) of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define petty cash fund and recognize the advantages of having such an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Summarize and explain good cash control procedures within personal, community, and business situations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in service business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a service business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how service businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a service business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify commonly used terms such as service charges and interest rates within the financial services industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how merchandising businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a merchandising business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Implement individual steps of the accounting cycle of a business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Discuss the benefits and limitations of accounting software and apps.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Create a mock business plan and utilize technology to generate the financial operations of a business following the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Research digital currency and discuss how it impacts businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Generate a list of considerations (e.g., security of data, affordability, updates, required forms) when implementing accounting technology in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Defend the need for security systems, data protection and backup for accounting records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the impact (e.g., accessibility, global markets, e-business, working from home) of technology on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between a write-off and a direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Define bad debts and depreciation as used within financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how bad debts, depreciation, and inventory valuations assist in assuring that assets are represented as accurately as possible on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Explore the inquiry questions: Who is interested in the accurate calculations of assets? Is it practical to aim for no bad debts in every situation? What impact does Canada Revenue Agency have on the amount of bad debt a company may claim?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Generate a list of who (e.g., insurance agencies, Canada Revenue Agency, financial institutions) needs access to financial statements and discuss the purpose of granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Assess the impact of the GAAPs (e.g., historical cost, adequate disclosure, matching revenue with expenses, consistent reporting) on what is reported on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in merchandising business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the purpose of the allowance method for recording losses from uncollectible accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compute the amount of estimated bad debt for a business and prepare adjusting entries using the aging and percentage of net sales methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define write-off using the allowance method and direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Perform the entries for writing off an uncollectible accounts receivable, using the write-off from an allowance account method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for the collection of an account receivable that was written off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting concepts, principles, and practices (e.g., historical cost, matching revenue expenses, obsolescence, salvage value, book value) related to fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define fixed assets and describe how the amount of depreciation is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze how accounting for depreciation affects fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Describe the function of depreciation as connected to journal entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish between periodic and perpetual inventory and explain the conditions under which each type of inventory may be advantageous.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify accounts affected by merchandise inventory, and used in calculating cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine merchandise included in counting inventory (e.g., merchandise in transit, merchandise on consignment).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate and record depreciation of fixed assets in a journal and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Discuss the benefits of different forms (e.g., sole proprietorship, corporation, partnership) of business ownership as applied to agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define terms related to pricing of inventory such as stock record, stock ledger, Last-In, Last-Out(LILO), and First-In, First-Out (FIFO).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Describe and calculate three methods of valuing merchandise inventory including First-In, First-Out (FIFO), Last-In, Last-Out (LILO) and Weighted Average.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between three methods (i.e., First-In, First-Out [FIFO], LastIn, Last-Out [LILO] and Weighted Average) for valuing inventory when reporting net income and total assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the effects of increasing and decreasing market prices on inventory values.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record the acceptance of a note as receivable or payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the maturity date of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest or expense on promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts such as note payable, note receivable, maker of a note, payee, principal, interest rate, maturity date, term, maturity value, interest income, interest expense and dishonored note related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Account for the collection or payment of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for a dishonored promissory note receivable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore and differentiate methods such as declining- balance, sum-of-the-years digits, production-unit method, and capital cost allowance for calculating depreciation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between cash and accrual accounting systems used within agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Record an entry to receive cash on deferred revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the amounts and record the entry for deferred revenue when earned.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Record an entry to pay cash on a deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the amount and record the entry for a deferred expense when incurred.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Investigate the potential consequences of inaccurate bookkeeping.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Explain why farm records are required.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Investigate forms of record keeping that address specific needs of the agriculture industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss the role that insurance agencies play in protecting various farm investments (e.g., crop, stock).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Investigate agencies/organizations (e.g., Saskatchewan Economic Development Corporation, Farm Credit Canada, Farm Syndicates Credit Act) and the available financial supports for agriculture credit and why accurate farm records are needed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine programs available through agencies/organizations such as Agriculture and Agri-Food Canada that support specific groups (e.g., farm with lower net worth, First Nations, corporations) working in the agriculture industry in Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how farm records are used to make decisions regarding operation (e.g., what to grow and when, diversification) and financial management (e.g., capital asset replacement, tax laws, estate planning tools, government programs, loan application) decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Compose a set of guidelines for ethical and fair accounting decisions in an agricultural application.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry questions: Why keep records? Who should have access to records?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Recognize forms (e.g., sole proprietorship, corporation, franchise, partnership, cooperative model) of business ownership and discuss the applications to agricultural settings.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Review cash control principles and give examples of how those principles may be used in a farm setting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between a synoptic/combination journal in an agricultural setting and a synoptic/combination journal created in a general business setting and describe the similarities and differences between these two books of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Recognize cash and accrual methods of accounting and describe the circumstances under which each may be used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze how transactions such as cash inflow, cash outflow and accounting software are recorded to keep accurate agricultural business records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design and present column headings for the cash inflow and cash outflow synoptic/combination journals given transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze and record transactions related to an agricultural setting into cash inflow and cash outflow synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Balance and post column totals of completed synoptic/combination journals to general and subsidiary ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prepare a cash statement of farming income and expenses (i.e., income statement), a statement of net worth (i.e., balance sheet), and an accrual income statement from ledger accounts and the synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze scenarios (e.g., increased fertilizer or fuel expense, drop in livestock price) using farm records and justify actions to be taken the following year based on those records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Perform the financial responsibilities necessary to implement a chosen accounting system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry question: How do the accounts of a merchandising business differ from a service business?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare journals and financial statements for a sole proprietorship to those for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the accounting implications for dissolving a partnership and liquidating assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between journal entries and financial statements for a corporation, sole proprietorship and partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Organize and plan an accounting system that could be implemented given a set of a real life numerical examples such as phone bill, utility bills, business license, or rent.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Review the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Engage in the inquiry questions: How do copyright laws impact business decisions? How do online stores challenge personal ethics?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Justify your business decisions (e.g., drop shipping and out sourcing) based on your personal and business ethics (e.g., sustainable business, child labour, cosmetics and animal testing, economic footprint, First Nations and Métis worldviews/land).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Create a business proposal for a business (e.g., online business, small business, e-business) within an area of interest (e.g., delivery service, investment company, shoe store, sports team).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze strengths, weaknesses, opportunities and threats from a managerial lens, given a variety of business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate how business impacts the local and global economy.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Apply the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) to a service business scenario.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in merchandising business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a merchandising business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how merchandising businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a merchandising business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Prove the ledger by preparing a trial balance in the worksheet which includes listing all account titles and balances from the general ledgers into correct debit and credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"ACCT99B","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99B: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"ACCT99C","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99C: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prove equality between normal debit balances and normal credit balances by totaling accounts to confirm the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine the inquiry question: Why is it important to complete the post-closing trial balance at the end of a fiscal period?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Define merchandising inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"Review and summarize the eight steps in the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and assign a number to the different types of accounts used in a merchandising business such as merchandise inventory, purchases, sales and cost of goods sold to the chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between management and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare the manufacturing statement, the schedule of cost of goods manufactured statement and the income statement for a merchandising business and manufacturing business and then examine the purpose of each.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate compulsory deductions (i.e., Canada Pension Plan, Employment Insurance, Federal Income Tax) and voluntary deductions using the taxable earnings based on government set percentages.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a merchandising business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compute the amount of estimated depreciation expense and prepare journal entries using the straight-line method of depreciation for full and partial years.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare journal entries for the disposal of fixed assets which have an accumulated depreciation account, calculating for each situation, disposing for a gain, a loss and at book value.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Categorize farm business expenses (e.g., purchase of seed, insurance premiums, percentage of utility bills, repairs and maintenance, feed) and farm business income (e.g., sales from crops, refunds, livestock products).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}],"curricOcConfigs":[{"configType":"COURSE_CONFIG","title":"Accounting 10","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT1","text":null,"addlInfo":null,"name":"Module 1: Introduction to Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the need for accounting in business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT2","text":null,"addlInfo":null,"name":"Module 2: Identifying Accounting Standards","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the role of accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT3","text":null,"addlInfo":null,"name":"Module 3: Accounting Equation","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":"Module 1, 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT4","text":null,"addlInfo":null,"name":"Module 4: T-accounts","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Introductory","prerequisite":"Module 3","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Utilize transactions and apply T-accounts in order to understand the concept of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Relate the left and right of the T-account location to the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Label debit (left) and credit (right) as left and right of the T-account location.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the location (l/r) of the elements (i.e., assets, liabilities, owners’ equity) of the accounting equation and how those elements correlate to the normal balance of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Implement the use of normal balance in each sub-element of owners’ equity (i.e., capital [CR], drawings [DR], revenue [CR] and expenses [DR]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interpret how the normal balance side of a T-account relates to the increase and decrease of an account balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize and apply the concept of double entry accounting by assigning the amounts of a transaction into one debit and one credit part.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze transactions into debits and credits using a pair of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze a full set of business transactions and record in a ledger of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the final balance of a T-account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prove equality between normal debit balances and normal credit balances by totaling accounts to confirm the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Discuss how capital, drawings, revenue and expenses relate to owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT5","text":null,"addlInfo":null,"name":"Module 5: Journals","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 4","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore how journals simplify and organize transactions in accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify the information contained in source documents.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify the importance of a journal as a permanent legal entity or legal document as it connects to Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify columns (i.e., general debit, general credit, special amount columns) of a combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze and record business transactions into a journal or journals referencing a chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prove the total of debit columns equals the total of credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Prove cash by determining that the amount of cash in the journal agrees with the accounting records (e.g., cheque stub).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze, explain and correct discrepancies when preparing a series of accounting proofs such as slide, divide by 9, and double/half.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT6","text":null,"addlInfo":null,"name":"Module 6: Ledgers","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Summarize transactions of an account by updating ledgers to obtain current balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a chart of accounts and sort assets (100), liabilities (200), capital (300), revenue (400) and expenses (500) into numerical order for a service business organized as a proprietorship.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the columns (e.g., date, name, account, number, account number, entry, balance) of a ledger form and open a ledger for each account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the need for a ledger (i.e., balance of accounts) when a journal is already done.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Post amounts from the general debit and credit columns into individual accounts in the general ledger.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Post totals from the special amount columns to individual accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT7","text":null,"addlInfo":null,"name":"Module 7: Worksheets","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 6","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Create a worksheet to summarize data in order to generate financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the ledger by preparing a trial balance in the worksheet which includes listing all account titles and balances from the general ledgers into correct debit and credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate and record adjustments in the worksheet in accordance with the Generally Accepted Accounting Principle (GAAP) matching principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Extend the revenue and expense accounts into the income statement from the trial balance and adjustments column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Extend the assets, liabilities, capital, and drawing accounts to the balance sheet column from the trial balance and adjustment column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Total the columns of the income statement and calculate net income/net loss with proving totals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the relationship between sales and expenses (i.e., net income or net loss) on the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT8","text":null,"addlInfo":null,"name":"Module 8: Financial Statements","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 7","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare and interpret financial statements (income statement and balance sheet) for an accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how recording and reporting financial information affects business owners’ ability to make accurate business decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Consider the inquiry questions: How are financial statements used to aid decision makers? What information must be present on a financial statement (e.g., adequate disclosure)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the purpose of income statements and balance sheets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compile the income statement listing the heading, business name, date, account titles and appropriate debit and credit amounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the net income or loss by comparing the revenue and expenses to ensure the net income/loss on the income statement is consistent with the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize that a balance sheet reports the financial condition of a business on a specific date by detailing the assets, liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compile a balance sheet listing business name, date, account titles and appropriate amounts for the assets and liabilities using the amounts from the worksheet’s balance sheet columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the capital for a balance sheet ensuring that total assets equal total liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Critique a presentation of financial statements from the perspective of a member of the board of directors or from the perspective of a potential investor.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Assess the viability of a business based on a simulated balance sheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze examples of publicly available financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT9","text":null,"addlInfo":null,"name":"Module 9: Adjusting and Closing Entries","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 8","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Generate adjusting and closing entries in relation to the appropriate accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe how the matching principle justifies the need for adjusting and closing entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record adjusting entries in the general or combination journal for all prepaid expenses (e.g., supplies, insurance, advertising).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Transfer the adjusting entries from the general or combination journal to the ledger by posting them to appropriate ledger account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between permanent and temporary accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Identify the new account income summary as a temporary account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define and discuss the purpose of closing entries (e.g., update accounts, transferring net income/loss to owners’ equity account).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate and prepare closing entries by journalizing each entry and posting them to the ledger to bring temporary accounts to zero.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT10","text":null,"addlInfo":null,"name":"Module 10: Post-Closing Trial Balance","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":"Module 9","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the final step of the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define post-closing trial balance and its purpose.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prove the equality between debits and credits of the permanent accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Rationalize why no temporary accounts will be in the post-closing trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize the end-of-the month permanent account balances are new balances for the next month.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine the inquiry question: Why is it important to complete the post-closing trial balance at the end of a fiscal period?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT11","text":null,"addlInfo":null,"name":"Module 11: Accounting Cycle Project","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through application of the accounting cycle for service business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) to a service business scenario.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Apply error finding techniques within aspects of the accounting cycle and identify appropriate corrections.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss and justify decisions made to solve problems that arise during the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze decisions for given scenarios utilizing the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the financial situation of a service business based on the financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compose questions to help accountants interpret and analyze financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compare post-closing trial balances for two different accounting cycles and examine changes that occurred during the accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT12","text":null,"addlInfo":null,"name":"Module 12: Employee Wellness","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify the importance of wellness practices for employers and employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13A","text":null,"addlInfo":null,"name":"Module 13A: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry in Saskatchewan and Canada.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify occupations in the accounting industry (e.g., public accounting, industry, government).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eResearch different occupations in the accounting field to contrast: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n educational requirements;\n \u003c/li\u003e\n \u003cli\u003e\n working conditions, including typical hours and shifts worked as well as typical locations;\n \u003c/li\u003e\n \u003cli\u003e\n duties and skills required; and,\n \u003c/li\u003e\n \u003cli\u003e\n professional and/or licensing requirements in Saskatchewan (CPA) and Canada.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25A","text":null,"addlInfo":null,"name":"Module 25A: Basic Payroll","focus":null,"designation":"Optional","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll and how net pay is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29A","text":null,"addlInfo":null,"name":"Module 29A: Technology Applications for a Service Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in service business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a service business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how service businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a service business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT30","text":null,"addlInfo":null,"name":"Module 30: Business Types and Ownership Options","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate different types of businesses and options for ownership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99A","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99A: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"configType":"COURSE_CONFIG","title":"Accounting 20","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT14","text":null,"addlInfo":null,"name":"Module 14 : Introduction to Merchandising","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 11","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the operation and viability of a merchandising business from an accounting perspective.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Investigate the difference between a service business and a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze local, provincial, national and international examples of merchandising (buying and selling) between producer, manufacturer, wholesaler, retailer and consumer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Evaluate business decisions related to import/export costs, product sustainability, local vs international merchandise and the impact those decisions have on the financial profits/loss of a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify examples of merchandising businesses within the community and examine the viability of the business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interview an owner of a merchandising business in the community to discuss operational information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explain the difference between the acquisition price and the selling price of a product.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the meaning of markup, margin and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Explain purchases and their related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Design a proposal for a home-based or online merchandising business, including components such as cost price, profit, overhead, selling price, salaries, delivery, advertising, income tax benefits, primary or secondary source revenue, supplier and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT15","text":null,"addlInfo":null,"name":"Module 15: Accounting Standards and Business Ethics","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the purpose and application of the Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how Generally Accepted Accounting Principles (GAAPs) and accounting standards are applied to accounting cycles and to business transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Collaborate with peers to discuss inquiry questions such as: Why do GAAPs and accounting standards exist? How are the GAAPs applied? What would happen in the absence of any standards?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the relationship between personal, professional and business ethics and how it relates to GAAPs and the accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss why different parts of accounting handbook exist (e.g., International Financial Reporting Standards [IFRS], Accounting Standards for Private Enterprises [ASPE], Not-for-profit organizations [NPO], Public Sector Accounting Board [PSAB]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate accounting examples of current events that involve a breach in ethics or failure to adhere to accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT16","text":null,"addlInfo":null,"name":"Module 16: Merchandising Inventory Accounts","focus":null,"designation":"Core","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 14","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the importance of inventory and its accurate value within a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define merchandising inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and assign a number to the different types of accounts used in a merchandising business such as merchandise inventory, purchases, sales and cost of goods sold to the chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry questions: Why is inventory reported on the balance sheet as the amount paid for the item, not the selling price? Why is the cost of goods sold reported on the income statement?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the relationship between beginning inventory (e.g., cost of goods on hand) and ending inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the balance of merchandise inventory in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between perpetual inventory and periodic inventory, considering cost, ease of handling, computerization and labour hours.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze the implications of inventory surplus or deficits in a business (e.g., cash flow, expenses, loss).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT17","text":null,"addlInfo":null,"name":"Module 17: Sales and Purchases Accounts","focus":null,"designation":"Core","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Intermediate","prerequisite":"Module 16","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess sales and purchase accounts for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Distinguish between cash and purchase transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze sales tax as a liability in a business and how it is calculated on sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Assess discounts and how they apply to purchases (e.g., 2/10 n/30 – 2% off if paid within 10 days or net 30) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze the effect that sales returns and discounts have on original sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Implement contra accounts to record returns and allowances transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze a sales invoice to see if all relevant components including seller, buyer, date, quantity, date, amount, item, tax, terms and total are noted.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Implement the use of special journals (e.g., purchases, cash payments, sales, cash receipts, departmental journals).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Organize transactions into the appropriate sales or purchase journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Distinguish between the general ledger and the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Discuss how the controlling accounts receivable and the controlling accounts payable account summarize all accounts from the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Produce a schedule of accounts payable and accounts receivable ensuring the total matches the appropriate controlling account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Post-sales on account transactions, totals, merchandise purchases, cash receipts and cash payments to the appropriate ledger or column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Critique how cash on delivery (COD), on account, charge, discounts and returns all impact the sales revenue of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Explain how sales and related accounts are the main source of revenue in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"o","text":"Classify purchases and related accounts (e.g., source documents, invoice, returns and allowances, discounts) as well as invoice and transportation costs (e.g., freight-in, free on board destination).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"p","text":"Explain purchases and its related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"q","text":"Apply generally accepted accounting principles (GAAP) to sales and purchases.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT18","text":null,"addlInfo":null,"name":"Module 18: Steps 1-3 of Accounting cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":20,"level":"Intermediate","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 1-3 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review and summarize the eight steps in the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish differences in the accounting cycle for a merchandising business versus a service business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify what source documents include (e.g., till tape, invoices, memos, cash receipts, cheque stubs) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Justify that no entry should be made unless it has a supporting document as related to the GAAP objectivity principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze each source document and journalize appropriately for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Execute a multi-journal system and/or an expanded combination journal (e.g., sales, purchases, cash receipts, cash payment) for a scenario/simulation of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Post values to the general ledger and subsidiary ledgers such as accounts receivable and accounts payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Total and prove journal(s) debit columns equal credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Examine ways to prove the accuracy of posting (e.g., schedule of accounts payable, schedule of accounts receivable).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT19","text":null,"addlInfo":null,"name":"Module 19: Steps 4-8 of Accounting Cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":18,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 4-8 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the accuracy of the general ledger for a merchandising business by preparing a trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Complete a worksheet by organizing and planning adjustments and sorting account balances into the correct financial statement columns to calculate the net income/loss.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Prepare a balance sheet, income statement and statement of owners\u0027 equity for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine and discuss who reads financial statements and why they do.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare the journal entries for adjusting and closing entries for the end of the accounting period in the general or synoptic/combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Post the adjusting and closing entries by transferring them from the journals to the general ledger to close the temporary accounts and prepare the business books for the next accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare a post-closing trial balance to check the equality of the general ledger upon completion of the accounting cycle in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25B","text":null,"addlInfo":null,"name":"Module 25B: Advanced Payroll","focus":null,"designation":"Optional","suggestedTimeMin":6,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 25A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll for a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Itemize payroll components including earnings, compulsory and voluntary deductions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify why detailed payroll records must be maintained.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the data (e.g., hourly wage, salary, piecework, commission, overtime, contract work) typically used to calculate earnings for gross pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Prepare a payroll chart using provided financial information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate gross pay, total deductions and net pay based on the earnings for the correct pay period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between mandatory and voluntary optional deductions for employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Recognize that the compulsory deductions are an employer\u0027s expense to the federal government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate compulsory deductions (i.e., Canada Pension Plan, Employment Insurance, Federal Income Tax) and voluntary deductions using the taxable earnings based on government set percentages.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss employers’ responsibilities regarding dispersing voluntary deductions to appropriate organizations (e.g., charitable donations).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Journalize and post the payroll to update general ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Discuss the importance of accurate payroll information for the preparation of year-end summaries (e.g., T4 and T4-A slips).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Analyze the importance of an employer completing a Record of Employment, with appropriate codes, for employees in situations where employment ends, or the employee leaves due to pregnancy, injury, illness, adoption leave, layoff, or dismissal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Generate a payroll for a business simulation, with or without accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT26","text":null,"addlInfo":null,"name":"Module 26: Business Taxes and Taxation","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 25B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore business taxes and taxation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Categorize taxes (e.g., property tax, business tax) paid in order to run a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the significance of provincial sales tax collection from consumers’ purchases to be remitted (paid) to the provincial government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eExamine the importance of GST (\u003ci\u003eGoods and Services Tax\u003c/i\u003e) being collected and remitted to the federal government.\u003c/p\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare journal entries incorporating various types of taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the purpose of municipal, provincial and federal taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27A","text":null,"addlInfo":null,"name":"Module 27A: Business Banking","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate banking functions for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify banking services designed for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify commonly used terms such as service charges and interest rates within the financial services industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze banking services and software designed to meet specific business needs (e.g., small business, online business).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine banking fraud and its impact on businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the impact electronic banking has on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between a chartered bank, a credit union, a trust company and other financial services in the community.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27B","text":null,"addlInfo":null,"name":"Module 27B: Banking for Business Controls","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the importance of cash control in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the purpose of the bank reconciliation as a method of cash control.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare a bank reconciliation and update accounting records (journals, cheque stubs) after the reconciliation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare a business reconciliation to a personal situation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify the need for a set of internal cash control procedures for a business to protect against theft, waste and to ensure accurate data.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine and express one\u0027s own beliefs, values, and attitudes when handling ethical and unethical situations relating to cash and business practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how the frequency of cash transactions requires a cash receipts journal, cash payments journal, or a synoptic/combination journal to be used as the book(s) of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT28","text":null,"addlInfo":null,"name":"Module 28: Petty Cash","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the purpose of having a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define petty cash fund and recognize the advantages of having such an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify practices for establishing and replenishing a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Carry out a transaction in which petty cash is used as payment.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss how a petty cash system can be adapted to different organizations and businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Summarize and explain good cash control procedures within personal, community, and business situations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29B","text":null,"addlInfo":null,"name":"Module 29B: Technology Applications for a Merchandising Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in merchandising business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a merchandising business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how merchandising businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a merchandising business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31A","text":null,"addlInfo":null,"name":"Module 31A: Asset Analysis","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze how financial statements are used when making business decisions related to bad debt.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Generate a list of who (e.g., insurance agencies, Canada Revenue Agency, financial institutions) needs access to financial statements and discuss the purpose of granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Define bad debts and depreciation as used within financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how bad debts, depreciation, and inventory valuations assist in assuring that assets are represented as accurately as possible on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Explore the inquiry questions: Who is interested in the accurate calculations of assets? Is it practical to aim for no bad debts in every situation? What impact does Canada Revenue Agency have on the amount of bad debt a company may claim?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Assess the impact of the GAAPs (e.g., historical cost, adequate disclosure, matching revenue with expenses, consistent reporting) on what is reported on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31B","text":null,"addlInfo":null,"name":"Module 31B: Bad Debts","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 31A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine bad debts expense using the allowance method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define write-off using the allowance method and direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between a write-off and a direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the purpose of the allowance method for recording losses from uncollectible accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compute the amount of estimated bad debt for a business and prepare adjusting entries using the aging and percentage of net sales methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Perform the entries for writing off an uncollectible accounts receivable, using the write-off from an allowance account method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for the collection of an account receivable that was written off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31C","text":null,"addlInfo":null,"name":"Module 31C: Depreciation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Intermediate","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine depreciation of fixed assets through journals and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe the function of depreciation as connected to journal entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting concepts, principles, and practices (e.g., historical cost, matching revenue expenses, obsolescence, salvage value, book value) related to fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define fixed assets and describe how the amount of depreciation is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze how accounting for depreciation affects fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compute the amount of estimated depreciation expense and prepare journal entries using the straight-line method of depreciation for full and partial years.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore and differentiate methods such as declining- balance, sum-of-the-years digits, production-unit method, and capital cost allowance for calculating depreciation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare journal entries for the disposal of fixed assets which have an accumulated depreciation account, calculating for each situation, disposing for a gain, a loss and at book value.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate and record depreciation of fixed assets in a journal and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT37","text":null,"addlInfo":null,"name":"Module 37: Merchandising Business Project","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through a project simulation related to a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Organize and plan an accounting system that could be implemented given a set of a real life numerical examples such as phone bill, utility bills, business license, or rent.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Perform the financial responsibilities necessary to implement a chosen accounting system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry question: How do the accounts of a merchandising business differ from a service business?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Review the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80A","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80A: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81A","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81A: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Intermediate","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82A","text":null,"addlInfo":null,"name":"Module 82A: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99B","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99B: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"configType":"COURSE_CONFIG","title":"Accounting 30","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT20","text":null,"addlInfo":null,"name":"Module 20: Introduction to Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate non-monetary aspects of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Analyze and describe characteristics of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between management and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and explain the management functions of planning, organizing, budgeting, forecasting and decision making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify and evaluate a range of management styles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Distinguish the difference among management roles such as manager controller, human resource manager, union-management and operations manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify and evaluate skills needed to fulfill management roles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design a set of interview questions that could be used to interview for a manager position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Create a simulation that will evaluate whether or not an individual is an effective manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT21","text":null,"addlInfo":null,"name":"Module 21: Cost Accounting","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 20","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate calculating, controlling and reporting costs of doing business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define cost accounting and explain how it relates to management accounting and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate cost into two categories (i.e., manufacturing costs and nonmanufacturing costs) to be used in management analysis.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Classify direct labour, direct materials and manufacturing overhead as manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Classify marketing/selling costs and administration costs as non-manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Debate the importance of labour costs to management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Assess and describe how opportunity costs and sunk costs become part of the management decision-making process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare the manufacturing statement, the schedule of cost of goods manufactured statement and the income statement for a merchandising business and manufacturing business and then examine the purpose of each.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT22","text":null,"addlInfo":null,"name":"Module 22: Fixed and Variable Costs","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 21","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the factors a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss factors such as prices of products, volume of sales or production, per unit variable costs, total fixed costs and mix of products sold that a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish costs as being fixed or variable and describe how a manager may use this information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Determine a mixed costs analysis using the high-low method and the scatter graph method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare an income statement detailing the contribution margin to the traditional income statement and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Create an income statement detailing the contribution margin.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define the breakeven point to be when sales revenue is equal to total costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the breakeven point in units and sales and discuss how managers would use the breakeven point.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how cost-volume-profit (CVP) analysis connects the relationship of product prices, volume or activity levels, variable costs per unit and total fixed costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Apply the CVP equations (e.g., breakeven sales volume \u003d fixed costs ÷ contribution margin) to analyze various scenarios to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Analyze various scenarios by applying the CVP equations to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Define fixed and variable costs and related terms (e.g., cost behaviours, sales revenue contribution margin, contribution approach).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Compute and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT23","text":null,"addlInfo":null,"name":"Module 23: Budgeting for Profit Planning","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 22","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine how budgets assist in profit planning.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define the functions, goals, purposes and advantages of a budget and the budgeting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between the concepts of planning and control when discussing budgets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and present the contributions of five types of budgets including sales, purchases, cost of goods manufactured, selling and administrative expense and cash to the master budget as part of the profit planning process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Organize and construct a budgeted income statement and budgeted balance sheet based on budget information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Differentiate and describe the variances (e.g., manager’s performance or because of production/ market/ economic conditions) between budgeted and actual data that require further investigation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compare and outline the differences between a master budget and a flexible budget using what-if questions to observe changes in net income/loss, using variations in selling price, fixed costs, variable administration expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT24","text":null,"addlInfo":null,"name":"Module 24: Financial Statement Analysis in Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 23","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify how financial statement analysis assists management with decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Examine and outline the purpose of financial statement analysis in management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Review what information financial statements provide and to whom financial statements may be of use.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze financial statements and express trends and changes using comparative balance sheets and comparative income statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Investigate how a manager would interpret trends and changes (e.g., a slight increase/ decrease in net sales from one month to another).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze financial statements and express the strengths and weaknesses of a business using ratios (e.g., current, quick or acid test, inventory turnover, debt and equity, return on owners’ equity, markup and return on sales).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Examine the performance earnings and efficiency analysis and describe how they support management decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13B","text":null,"addlInfo":null,"name":"Module 13B: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 13A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research different specializations in the accounting field such as business analyst, controller, financial accounting, managerial accounting and forensic accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how accounting professionals apply and adhere to different accounting standards depending on the type of entity (e.g., publicly accountable enterprise [IFRS], private enterprise [ASPE], not for profit organization [NPO], public sector entity [PSAB]) in which they are employed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Design interview questions that could be used for an accounting position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Critique skills and interests that would enhance career choices (e.g., a focus on accounting practices specific to the agricultural community).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how economic conditions may affect job prospects in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29C","text":null,"addlInfo":null,"name":"Module 29C: Accounting Technology","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 29A or 29B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the impact of technology on accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss the benefits and limitations of accounting software and apps.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Implement individual steps of the accounting cycle of a business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Create a mock business plan and utilize technology to generate the financial operations of a business following the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Research digital currency and discuss how it impacts businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Generate a list of considerations (e.g., security of data, affordability, updates, required forms) when implementing accounting technology in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Defend the need for security systems, data protection and backup for accounting records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the impact (e.g., accessibility, global markets, e-business, working from home) of technology on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31D","text":null,"addlInfo":null,"name":"Module 31D: Inventory Valuation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine different inventory valuation methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define terms related to pricing of inventory such as stock record, stock ledger, Last-In, Last-Out(LILO), and First-In, First-Out (FIFO).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish between periodic and perpetual inventory and explain the conditions under which each type of inventory may be advantageous.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify accounts affected by merchandise inventory, and used in calculating cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine merchandise included in counting inventory (e.g., merchandise in transit, merchandise on consignment).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Describe and calculate three methods of valuing merchandise inventory including First-In, First-Out (FIFO), Last-In, Last-Out (LILO) and Weighted Average.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between three methods (i.e., First-In, First-Out [FIFO], LastIn, Last-Out [LILO] and Weighted Average) for valuing inventory when reporting net income and total assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the effects of increasing and decreasing market prices on inventory values.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT32","text":null,"addlInfo":null,"name":"Module 32: Promissory Notes","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze and record entries related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts such as note payable, note receivable, maker of a note, payee, principal, interest rate, maturity date, term, maturity value, interest income, interest expense and dishonored note related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record the acceptance of a note as receivable or payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the maturity date of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest or expense on promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Account for the collection or payment of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for a dishonored promissory note receivable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT33","text":null,"addlInfo":null,"name":"Module 33: Accrued Revenue","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 32","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine entries related to accrued and deferred revenue and expenses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Record an entry to receive cash on deferred revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the amounts and record the entry for deferred revenue when earned.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Record an entry to pay cash on a deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the amount and record the entry for a deferred expense when incurred.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34A","text":null,"addlInfo":null,"name":"Module 34A: Agricultural Accounting: Impact of Records","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess the impact of accurate record keeping in the agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain why farm records are required.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Investigate the potential consequences of inaccurate bookkeeping.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Investigate forms of record keeping that address specific needs of the agriculture industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Generate a list of who (e.g., insurance agencies, Canadian Wheat Board, Canada Customs and Revenue Agency, financial institutions) would need to access farm records and discuss the purpose (e.g., financing, tax returns, farm programs, crop insurance) for granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss the role that insurance agencies play in protecting various farm investments (e.g., crop, stock).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Investigate agencies/organizations (e.g., Saskatchewan Economic Development Corporation, Farm Credit Canada, Farm Syndicates Credit Act) and the available financial supports for agriculture credit and why accurate farm records are needed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine programs available through agencies/organizations such as Agriculture and Agri-Food Canada that support specific groups (e.g., farm with lower net worth, First Nations, corporations) working in the agriculture industry in Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how farm records are used to make decisions regarding operation (e.g., what to grow and when, diversification) and financial management (e.g., capital asset replacement, tax laws, estate planning tools, government programs, loan application) decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Compose a set of guidelines for ethical and fair accounting decisions in an agricultural application.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry questions: Why keep records? Who should have access to records?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34B","text":null,"addlInfo":null,"name":"Module 34B: Agricultural Business","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 34A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine business ownership as applied to agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize forms (e.g., sole proprietorship, corporation, franchise, partnership, cooperative model) of business ownership and discuss the applications to agricultural settings.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Discuss the benefits of different forms (e.g., sole proprietorship, corporation, partnership) of business ownership as applied to agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between cash and accrual accounting systems used within agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34C","text":null,"addlInfo":null,"name":"Module 34C: Agricultural Accounting Procedures","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Advanced","prerequisite":"Module 34B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate accounting practices for agricultural business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review cash control principles and give examples of how those principles may be used in a farm setting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish and sort farm financial information (e.g., vehicle, fuel, power, groceries, property tax, veterinary) into business and personal categories in preparation for journalizing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Categorize farm business expenses (e.g., purchase of seed, insurance premiums, percentage of utility bills, repairs and maintenance, feed) and farm business income (e.g., sales from crops, refunds, livestock products).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between a synoptic/combination journal in an agricultural setting and a synoptic/combination journal created in a general business setting and describe the similarities and differences between these two books of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Recognize cash and accrual methods of accounting and describe the circumstances under which each may be used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze how transactions such as cash inflow, cash outflow and accounting software are recorded to keep accurate agricultural business records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design and present column headings for the cash inflow and cash outflow synoptic/combination journals given transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze and record transactions related to an agricultural setting into cash inflow and cash outflow synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Balance and post column totals of completed synoptic/combination journals to general and subsidiary ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prepare a cash statement of farming income and expenses (i.e., income statement), a statement of net worth (i.e., balance sheet), and an accrual income statement from ledger accounts and the synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze scenarios (e.g., increased fertilizer or fuel expense, drop in livestock price) using farm records and justify actions to be taken the following year based on those records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT35","text":null,"addlInfo":null,"name":"Module 35: Journals and Financial Statements for Partnership","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Construct journal entries and financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare journals and financial statements for a sole proprietorship to those for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the accounting implications for dissolving a partnership and liquidating assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT36","text":null,"addlInfo":null,"name":"Module 36: Journals and Financial Statements for Corporate Accounting","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine journal entries and financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between journal entries and financial statements for a corporation, sole proprietorship and partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT38","text":null,"addlInfo":null,"name":"Module 38: Accounting Project for Business","focus":null,"designation":"Optional","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 24","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Engage in an accounting project or simulation related to owning or operating a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a business proposal for a business (e.g., online business, small business, e-business) within an area of interest (e.g., delivery service, investment company, shoe store, sports team).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Engage in the inquiry questions: How do copyright laws impact business decisions? How do online stores challenge personal ethics?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Justify your business decisions (e.g., drop shipping and out sourcing) based on your personal and business ethics (e.g., sustainable business, child labour, cosmetics and animal testing, economic footprint, First Nations and Métis worldviews/land).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze strengths, weaknesses, opportunities and threats from a managerial lens, given a variety of business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate how business impacts the local and global economy.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80B","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80B: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81B","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81B: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Advanced","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82B","text":null,"addlInfo":null,"name":"Module 82B: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99C","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99C: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"configType":"PAA_MIDDLE_LEVEL_SURVEY","title":"Suggested Modules for Middle Level PAA Survey Courses","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT1","text":null,"addlInfo":null,"name":"Module 1: Introduction to Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the need for accounting in business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT2","text":null,"addlInfo":null,"name":"Module 2: Identifying Accounting Standards","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the role of accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT3","text":null,"addlInfo":null,"name":"Module 3: Accounting Equation","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":"Module 1, 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT12","text":null,"addlInfo":null,"name":"Module 12: Employee Wellness","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify the importance of wellness practices for employers and employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25A","text":null,"addlInfo":null,"name":"Module 25A: Basic Payroll","focus":null,"designation":"Optional","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll and how net pay is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT30","text":null,"addlInfo":null,"name":"Module 30: Business Types and Ownership Options","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate different types of businesses and options for ownership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]}]}]},"subject":{"value":"Accounting"},"subjectArea":{"fullName":"Practical \u0026 Applied Arts"},"levels":[{"value":"10"},{"value":"20"},{"value":"30"}],"language":{"code":"EN","fullName":"English"},"outcomeContents":[{"contentType":"MODULE","identifier":"ACCT1","text":null,"addlInfo":null,"name":"Module 1: Introduction to Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the need for accounting in business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT2","text":null,"addlInfo":null,"name":"Module 2: Identifying Accounting Standards","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the role of accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT3","text":null,"addlInfo":null,"name":"Module 3: Accounting Equation","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":"Module 1, 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT4","text":null,"addlInfo":null,"name":"Module 4: T-accounts","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Introductory","prerequisite":"Module 3","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Utilize transactions and apply T-accounts in order to understand the concept of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Relate the left and right of the T-account location to the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Label debit (left) and credit (right) as left and right of the T-account location.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the location (l/r) of the elements (i.e., assets, liabilities, owners’ equity) of the accounting equation and how those elements correlate to the normal balance of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Implement the use of normal balance in each sub-element of owners’ equity (i.e., capital [CR], drawings [DR], revenue [CR] and expenses [DR]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interpret how the normal balance side of a T-account relates to the increase and decrease of an account balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize and apply the concept of double entry accounting by assigning the amounts of a transaction into one debit and one credit part.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze transactions into debits and credits using a pair of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze a full set of business transactions and record in a ledger of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the final balance of a T-account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prove equality between normal debit balances and normal credit balances by totaling accounts to confirm the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Discuss how capital, drawings, revenue and expenses relate to owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT5","text":null,"addlInfo":null,"name":"Module 5: Journals","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 4","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore how journals simplify and organize transactions in accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify the information contained in source documents.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify the importance of a journal as a permanent legal entity or legal document as it connects to Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify columns (i.e., general debit, general credit, special amount columns) of a combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze and record business transactions into a journal or journals referencing a chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prove the total of debit columns equals the total of credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Prove cash by determining that the amount of cash in the journal agrees with the accounting records (e.g., cheque stub).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze, explain and correct discrepancies when preparing a series of accounting proofs such as slide, divide by 9, and double/half.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT6","text":null,"addlInfo":null,"name":"Module 6: Ledgers","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Summarize transactions of an account by updating ledgers to obtain current balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a chart of accounts and sort assets (100), liabilities (200), capital (300), revenue (400) and expenses (500) into numerical order for a service business organized as a proprietorship.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the columns (e.g., date, name, account, number, account number, entry, balance) of a ledger form and open a ledger for each account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the need for a ledger (i.e., balance of accounts) when a journal is already done.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Post amounts from the general debit and credit columns into individual accounts in the general ledger.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Post totals from the special amount columns to individual accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT7","text":null,"addlInfo":null,"name":"Module 7: Worksheets","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 6","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Create a worksheet to summarize data in order to generate financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the ledger by preparing a trial balance in the worksheet which includes listing all account titles and balances from the general ledgers into correct debit and credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate and record adjustments in the worksheet in accordance with the Generally Accepted Accounting Principle (GAAP) matching principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Extend the revenue and expense accounts into the income statement from the trial balance and adjustments column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Extend the assets, liabilities, capital, and drawing accounts to the balance sheet column from the trial balance and adjustment column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Total the columns of the income statement and calculate net income/net loss with proving totals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the relationship between sales and expenses (i.e., net income or net loss) on the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT8","text":null,"addlInfo":null,"name":"Module 8: Financial Statements","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 7","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare and interpret financial statements (income statement and balance sheet) for an accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how recording and reporting financial information affects business owners’ ability to make accurate business decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Consider the inquiry questions: How are financial statements used to aid decision makers? What information must be present on a financial statement (e.g., adequate disclosure)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the purpose of income statements and balance sheets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compile the income statement listing the heading, business name, date, account titles and appropriate debit and credit amounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the net income or loss by comparing the revenue and expenses to ensure the net income/loss on the income statement is consistent with the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize that a balance sheet reports the financial condition of a business on a specific date by detailing the assets, liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compile a balance sheet listing business name, date, account titles and appropriate amounts for the assets and liabilities using the amounts from the worksheet’s balance sheet columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the capital for a balance sheet ensuring that total assets equal total liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Critique a presentation of financial statements from the perspective of a member of the board of directors or from the perspective of a potential investor.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Assess the viability of a business based on a simulated balance sheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze examples of publicly available financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT9","text":null,"addlInfo":null,"name":"Module 9: Adjusting and Closing Entries","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 8","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Generate adjusting and closing entries in relation to the appropriate accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe how the matching principle justifies the need for adjusting and closing entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record adjusting entries in the general or combination journal for all prepaid expenses (e.g., supplies, insurance, advertising).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Transfer the adjusting entries from the general or combination journal to the ledger by posting them to appropriate ledger account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between permanent and temporary accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Identify the new account income summary as a temporary account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define and discuss the purpose of closing entries (e.g., update accounts, transferring net income/loss to owners’ equity account).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate and prepare closing entries by journalizing each entry and posting them to the ledger to bring temporary accounts to zero.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT10","text":null,"addlInfo":null,"name":"Module 10: Post-Closing Trial Balance","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":"Module 9","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the final step of the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define post-closing trial balance and its purpose.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prove the equality between debits and credits of the permanent accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Rationalize why no temporary accounts will be in the post-closing trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize the end-of-the month permanent account balances are new balances for the next month.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine the inquiry question: Why is it important to complete the post-closing trial balance at the end of a fiscal period?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT11","text":null,"addlInfo":null,"name":"Module 11: Accounting Cycle Project","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through application of the accounting cycle for service business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) to a service business scenario.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Apply error finding techniques within aspects of the accounting cycle and identify appropriate corrections.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss and justify decisions made to solve problems that arise during the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze decisions for given scenarios utilizing the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the financial situation of a service business based on the financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compose questions to help accountants interpret and analyze financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compare post-closing trial balances for two different accounting cycles and examine changes that occurred during the accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT12","text":null,"addlInfo":null,"name":"Module 12: Employee Wellness","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify the importance of wellness practices for employers and employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13A","text":null,"addlInfo":null,"name":"Module 13A: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry in Saskatchewan and Canada.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify occupations in the accounting industry (e.g., public accounting, industry, government).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eResearch different occupations in the accounting field to contrast: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n educational requirements;\n \u003c/li\u003e\n \u003cli\u003e\n working conditions, including typical hours and shifts worked as well as typical locations;\n \u003c/li\u003e\n \u003cli\u003e\n duties and skills required; and,\n \u003c/li\u003e\n \u003cli\u003e\n professional and/or licensing requirements in Saskatchewan (CPA) and Canada.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13B","text":null,"addlInfo":null,"name":"Module 13B: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 13A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research different specializations in the accounting field such as business analyst, controller, financial accounting, managerial accounting and forensic accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how accounting professionals apply and adhere to different accounting standards depending on the type of entity (e.g., publicly accountable enterprise [IFRS], private enterprise [ASPE], not for profit organization [NPO], public sector entity [PSAB]) in which they are employed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Design interview questions that could be used for an accounting position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Critique skills and interests that would enhance career choices (e.g., a focus on accounting practices specific to the agricultural community).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how economic conditions may affect job prospects in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT14","text":null,"addlInfo":null,"name":"Module 14 : Introduction to Merchandising","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 11","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the operation and viability of a merchandising business from an accounting perspective.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Investigate the difference between a service business and a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze local, provincial, national and international examples of merchandising (buying and selling) between producer, manufacturer, wholesaler, retailer and consumer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Evaluate business decisions related to import/export costs, product sustainability, local vs international merchandise and the impact those decisions have on the financial profits/loss of a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify examples of merchandising businesses within the community and examine the viability of the business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interview an owner of a merchandising business in the community to discuss operational information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explain the difference between the acquisition price and the selling price of a product.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the meaning of markup, margin and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Explain purchases and their related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Design a proposal for a home-based or online merchandising business, including components such as cost price, profit, overhead, selling price, salaries, delivery, advertising, income tax benefits, primary or secondary source revenue, supplier and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT15","text":null,"addlInfo":null,"name":"Module 15: Accounting Standards and Business Ethics","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the purpose and application of the Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how Generally Accepted Accounting Principles (GAAPs) and accounting standards are applied to accounting cycles and to business transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Collaborate with peers to discuss inquiry questions such as: Why do GAAPs and accounting standards exist? How are the GAAPs applied? What would happen in the absence of any standards?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the relationship between personal, professional and business ethics and how it relates to GAAPs and the accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss why different parts of accounting handbook exist (e.g., International Financial Reporting Standards [IFRS], Accounting Standards for Private Enterprises [ASPE], Not-for-profit organizations [NPO], Public Sector Accounting Board [PSAB]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate accounting examples of current events that involve a breach in ethics or failure to adhere to accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT16","text":null,"addlInfo":null,"name":"Module 16: Merchandising Inventory Accounts","focus":null,"designation":"Core","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 14","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the importance of inventory and its accurate value within a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define merchandising inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and assign a number to the different types of accounts used in a merchandising business such as merchandise inventory, purchases, sales and cost of goods sold to the chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry questions: Why is inventory reported on the balance sheet as the amount paid for the item, not the selling price? Why is the cost of goods sold reported on the income statement?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the relationship between beginning inventory (e.g., cost of goods on hand) and ending inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the balance of merchandise inventory in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between perpetual inventory and periodic inventory, considering cost, ease of handling, computerization and labour hours.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze the implications of inventory surplus or deficits in a business (e.g., cash flow, expenses, loss).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT17","text":null,"addlInfo":null,"name":"Module 17: Sales and Purchases Accounts","focus":null,"designation":"Core","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Intermediate","prerequisite":"Module 16","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess sales and purchase accounts for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Distinguish between cash and purchase transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze sales tax as a liability in a business and how it is calculated on sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Assess discounts and how they apply to purchases (e.g., 2/10 n/30 – 2% off if paid within 10 days or net 30) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze the effect that sales returns and discounts have on original sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Implement contra accounts to record returns and allowances transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze a sales invoice to see if all relevant components including seller, buyer, date, quantity, date, amount, item, tax, terms and total are noted.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Implement the use of special journals (e.g., purchases, cash payments, sales, cash receipts, departmental journals).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Organize transactions into the appropriate sales or purchase journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Distinguish between the general ledger and the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Discuss how the controlling accounts receivable and the controlling accounts payable account summarize all accounts from the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Produce a schedule of accounts payable and accounts receivable ensuring the total matches the appropriate controlling account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Post-sales on account transactions, totals, merchandise purchases, cash receipts and cash payments to the appropriate ledger or column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Critique how cash on delivery (COD), on account, charge, discounts and returns all impact the sales revenue of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Explain how sales and related accounts are the main source of revenue in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"o","text":"Classify purchases and related accounts (e.g., source documents, invoice, returns and allowances, discounts) as well as invoice and transportation costs (e.g., freight-in, free on board destination).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"p","text":"Explain purchases and its related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"q","text":"Apply generally accepted accounting principles (GAAP) to sales and purchases.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT18","text":null,"addlInfo":null,"name":"Module 18: Steps 1-3 of Accounting cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":20,"level":"Intermediate","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 1-3 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review and summarize the eight steps in the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish differences in the accounting cycle for a merchandising business versus a service business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify what source documents include (e.g., till tape, invoices, memos, cash receipts, cheque stubs) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Justify that no entry should be made unless it has a supporting document as related to the GAAP objectivity principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze each source document and journalize appropriately for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Execute a multi-journal system and/or an expanded combination journal (e.g., sales, purchases, cash receipts, cash payment) for a scenario/simulation of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Post values to the general ledger and subsidiary ledgers such as accounts receivable and accounts payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Total and prove journal(s) debit columns equal credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Examine ways to prove the accuracy of posting (e.g., schedule of accounts payable, schedule of accounts receivable).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT19","text":null,"addlInfo":null,"name":"Module 19: Steps 4-8 of Accounting Cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":18,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 4-8 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the accuracy of the general ledger for a merchandising business by preparing a trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Complete a worksheet by organizing and planning adjustments and sorting account balances into the correct financial statement columns to calculate the net income/loss.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Prepare a balance sheet, income statement and statement of owners\u0027 equity for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine and discuss who reads financial statements and why they do.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare the journal entries for adjusting and closing entries for the end of the accounting period in the general or synoptic/combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Post the adjusting and closing entries by transferring them from the journals to the general ledger to close the temporary accounts and prepare the business books for the next accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare a post-closing trial balance to check the equality of the general ledger upon completion of the accounting cycle in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT20","text":null,"addlInfo":null,"name":"Module 20: Introduction to Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate non-monetary aspects of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Analyze and describe characteristics of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between management and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and explain the management functions of planning, organizing, budgeting, forecasting and decision making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify and evaluate a range of management styles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Distinguish the difference among management roles such as manager controller, human resource manager, union-management and operations manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify and evaluate skills needed to fulfill management roles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design a set of interview questions that could be used to interview for a manager position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Create a simulation that will evaluate whether or not an individual is an effective manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT21","text":null,"addlInfo":null,"name":"Module 21: Cost Accounting","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 20","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate calculating, controlling and reporting costs of doing business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define cost accounting and explain how it relates to management accounting and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate cost into two categories (i.e., manufacturing costs and nonmanufacturing costs) to be used in management analysis.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Classify direct labour, direct materials and manufacturing overhead as manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Classify marketing/selling costs and administration costs as non-manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Debate the importance of labour costs to management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Assess and describe how opportunity costs and sunk costs become part of the management decision-making process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare the manufacturing statement, the schedule of cost of goods manufactured statement and the income statement for a merchandising business and manufacturing business and then examine the purpose of each.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT22","text":null,"addlInfo":null,"name":"Module 22: Fixed and Variable Costs","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 21","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the factors a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss factors such as prices of products, volume of sales or production, per unit variable costs, total fixed costs and mix of products sold that a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish costs as being fixed or variable and describe how a manager may use this information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Determine a mixed costs analysis using the high-low method and the scatter graph method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare an income statement detailing the contribution margin to the traditional income statement and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Create an income statement detailing the contribution margin.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define the breakeven point to be when sales revenue is equal to total costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the breakeven point in units and sales and discuss how managers would use the breakeven point.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how cost-volume-profit (CVP) analysis connects the relationship of product prices, volume or activity levels, variable costs per unit and total fixed costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Apply the CVP equations (e.g., breakeven sales volume \u003d fixed costs ÷ contribution margin) to analyze various scenarios to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Analyze various scenarios by applying the CVP equations to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Define fixed and variable costs and related terms (e.g., cost behaviours, sales revenue contribution margin, contribution approach).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Compute and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT23","text":null,"addlInfo":null,"name":"Module 23: Budgeting for Profit Planning","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 22","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine how budgets assist in profit planning.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define the functions, goals, purposes and advantages of a budget and the budgeting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between the concepts of planning and control when discussing budgets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and present the contributions of five types of budgets including sales, purchases, cost of goods manufactured, selling and administrative expense and cash to the master budget as part of the profit planning process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Organize and construct a budgeted income statement and budgeted balance sheet based on budget information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Differentiate and describe the variances (e.g., manager’s performance or because of production/ market/ economic conditions) between budgeted and actual data that require further investigation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compare and outline the differences between a master budget and a flexible budget using what-if questions to observe changes in net income/loss, using variations in selling price, fixed costs, variable administration expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT24","text":null,"addlInfo":null,"name":"Module 24: Financial Statement Analysis in Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 23","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify how financial statement analysis assists management with decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Examine and outline the purpose of financial statement analysis in management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Review what information financial statements provide and to whom financial statements may be of use.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze financial statements and express trends and changes using comparative balance sheets and comparative income statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Investigate how a manager would interpret trends and changes (e.g., a slight increase/ decrease in net sales from one month to another).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze financial statements and express the strengths and weaknesses of a business using ratios (e.g., current, quick or acid test, inventory turnover, debt and equity, return on owners’ equity, markup and return on sales).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Examine the performance earnings and efficiency analysis and describe how they support management decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25A","text":null,"addlInfo":null,"name":"Module 25A: Basic Payroll","focus":null,"designation":"Optional","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll and how net pay is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25B","text":null,"addlInfo":null,"name":"Module 25B: Advanced Payroll","focus":null,"designation":"Optional","suggestedTimeMin":6,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 25A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll for a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Itemize payroll components including earnings, compulsory and voluntary deductions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify why detailed payroll records must be maintained.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the data (e.g., hourly wage, salary, piecework, commission, overtime, contract work) typically used to calculate earnings for gross pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Prepare a payroll chart using provided financial information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate gross pay, total deductions and net pay based on the earnings for the correct pay period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between mandatory and voluntary optional deductions for employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Recognize that the compulsory deductions are an employer\u0027s expense to the federal government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate compulsory deductions (i.e., Canada Pension Plan, Employment Insurance, Federal Income Tax) and voluntary deductions using the taxable earnings based on government set percentages.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss employers’ responsibilities regarding dispersing voluntary deductions to appropriate organizations (e.g., charitable donations).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Journalize and post the payroll to update general ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Discuss the importance of accurate payroll information for the preparation of year-end summaries (e.g., T4 and T4-A slips).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Analyze the importance of an employer completing a Record of Employment, with appropriate codes, for employees in situations where employment ends, or the employee leaves due to pregnancy, injury, illness, adoption leave, layoff, or dismissal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Generate a payroll for a business simulation, with or without accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT26","text":null,"addlInfo":null,"name":"Module 26: Business Taxes and Taxation","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 25B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore business taxes and taxation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Categorize taxes (e.g., property tax, business tax) paid in order to run a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the significance of provincial sales tax collection from consumers’ purchases to be remitted (paid) to the provincial government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eExamine the importance of GST (\u003ci\u003eGoods and Services Tax\u003c/i\u003e) being collected and remitted to the federal government.\u003c/p\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare journal entries incorporating various types of taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the purpose of municipal, provincial and federal taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27A","text":null,"addlInfo":null,"name":"Module 27A: Business Banking","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate banking functions for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify banking services designed for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify commonly used terms such as service charges and interest rates within the financial services industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze banking services and software designed to meet specific business needs (e.g., small business, online business).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine banking fraud and its impact on businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the impact electronic banking has on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between a chartered bank, a credit union, a trust company and other financial services in the community.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27B","text":null,"addlInfo":null,"name":"Module 27B: Banking for Business Controls","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the importance of cash control in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the purpose of the bank reconciliation as a method of cash control.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare a bank reconciliation and update accounting records (journals, cheque stubs) after the reconciliation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare a business reconciliation to a personal situation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify the need for a set of internal cash control procedures for a business to protect against theft, waste and to ensure accurate data.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine and express one\u0027s own beliefs, values, and attitudes when handling ethical and unethical situations relating to cash and business practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how the frequency of cash transactions requires a cash receipts journal, cash payments journal, or a synoptic/combination journal to be used as the book(s) of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT28","text":null,"addlInfo":null,"name":"Module 28: Petty Cash","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the purpose of having a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define petty cash fund and recognize the advantages of having such an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify practices for establishing and replenishing a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Carry out a transaction in which petty cash is used as payment.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss how a petty cash system can be adapted to different organizations and businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Summarize and explain good cash control procedures within personal, community, and business situations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29A","text":null,"addlInfo":null,"name":"Module 29A: Technology Applications for a Service Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in service business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a service business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how service businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a service business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29B","text":null,"addlInfo":null,"name":"Module 29B: Technology Applications for a Merchandising Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in merchandising business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a merchandising business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how merchandising businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a merchandising business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29C","text":null,"addlInfo":null,"name":"Module 29C: Accounting Technology","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 29A or 29B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the impact of technology on accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss the benefits and limitations of accounting software and apps.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Implement individual steps of the accounting cycle of a business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Create a mock business plan and utilize technology to generate the financial operations of a business following the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Research digital currency and discuss how it impacts businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Generate a list of considerations (e.g., security of data, affordability, updates, required forms) when implementing accounting technology in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Defend the need for security systems, data protection and backup for accounting records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the impact (e.g., accessibility, global markets, e-business, working from home) of technology on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT30","text":null,"addlInfo":null,"name":"Module 30: Business Types and Ownership Options","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate different types of businesses and options for ownership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31A","text":null,"addlInfo":null,"name":"Module 31A: Asset Analysis","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze how financial statements are used when making business decisions related to bad debt.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Generate a list of who (e.g., insurance agencies, Canada Revenue Agency, financial institutions) needs access to financial statements and discuss the purpose of granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Define bad debts and depreciation as used within financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how bad debts, depreciation, and inventory valuations assist in assuring that assets are represented as accurately as possible on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Explore the inquiry questions: Who is interested in the accurate calculations of assets? Is it practical to aim for no bad debts in every situation? What impact does Canada Revenue Agency have on the amount of bad debt a company may claim?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Assess the impact of the GAAPs (e.g., historical cost, adequate disclosure, matching revenue with expenses, consistent reporting) on what is reported on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31B","text":null,"addlInfo":null,"name":"Module 31B: Bad Debts","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 31A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine bad debts expense using the allowance method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define write-off using the allowance method and direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between a write-off and a direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the purpose of the allowance method for recording losses from uncollectible accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compute the amount of estimated bad debt for a business and prepare adjusting entries using the aging and percentage of net sales methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Perform the entries for writing off an uncollectible accounts receivable, using the write-off from an allowance account method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for the collection of an account receivable that was written off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31C","text":null,"addlInfo":null,"name":"Module 31C: Depreciation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Intermediate","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine depreciation of fixed assets through journals and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe the function of depreciation as connected to journal entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting concepts, principles, and practices (e.g., historical cost, matching revenue expenses, obsolescence, salvage value, book value) related to fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define fixed assets and describe how the amount of depreciation is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze how accounting for depreciation affects fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compute the amount of estimated depreciation expense and prepare journal entries using the straight-line method of depreciation for full and partial years.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore and differentiate methods such as declining- balance, sum-of-the-years digits, production-unit method, and capital cost allowance for calculating depreciation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare journal entries for the disposal of fixed assets which have an accumulated depreciation account, calculating for each situation, disposing for a gain, a loss and at book value.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate and record depreciation of fixed assets in a journal and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31D","text":null,"addlInfo":null,"name":"Module 31D: Inventory Valuation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine different inventory valuation methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define terms related to pricing of inventory such as stock record, stock ledger, Last-In, Last-Out(LILO), and First-In, First-Out (FIFO).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish between periodic and perpetual inventory and explain the conditions under which each type of inventory may be advantageous.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify accounts affected by merchandise inventory, and used in calculating cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine merchandise included in counting inventory (e.g., merchandise in transit, merchandise on consignment).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Describe and calculate three methods of valuing merchandise inventory including First-In, First-Out (FIFO), Last-In, Last-Out (LILO) and Weighted Average.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between three methods (i.e., First-In, First-Out [FIFO], LastIn, Last-Out [LILO] and Weighted Average) for valuing inventory when reporting net income and total assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the effects of increasing and decreasing market prices on inventory values.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT32","text":null,"addlInfo":null,"name":"Module 32: Promissory Notes","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze and record entries related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts such as note payable, note receivable, maker of a note, payee, principal, interest rate, maturity date, term, maturity value, interest income, interest expense and dishonored note related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record the acceptance of a note as receivable or payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the maturity date of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest or expense on promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Account for the collection or payment of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for a dishonored promissory note receivable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT33","text":null,"addlInfo":null,"name":"Module 33: Accrued Revenue","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 32","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine entries related to accrued and deferred revenue and expenses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Record an entry to receive cash on deferred revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the amounts and record the entry for deferred revenue when earned.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Record an entry to pay cash on a deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the amount and record the entry for a deferred expense when incurred.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34A","text":null,"addlInfo":null,"name":"Module 34A: Agricultural Accounting: Impact of Records","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess the impact of accurate record keeping in the agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain why farm records are required.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Investigate the potential consequences of inaccurate bookkeeping.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Investigate forms of record keeping that address specific needs of the agriculture industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Generate a list of who (e.g., insurance agencies, Canadian Wheat Board, Canada Customs and Revenue Agency, financial institutions) would need to access farm records and discuss the purpose (e.g., financing, tax returns, farm programs, crop insurance) for granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss the role that insurance agencies play in protecting various farm investments (e.g., crop, stock).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Investigate agencies/organizations (e.g., Saskatchewan Economic Development Corporation, Farm Credit Canada, Farm Syndicates Credit Act) and the available financial supports for agriculture credit and why accurate farm records are needed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine programs available through agencies/organizations such as Agriculture and Agri-Food Canada that support specific groups (e.g., farm with lower net worth, First Nations, corporations) working in the agriculture industry in Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how farm records are used to make decisions regarding operation (e.g., what to grow and when, diversification) and financial management (e.g., capital asset replacement, tax laws, estate planning tools, government programs, loan application) decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Compose a set of guidelines for ethical and fair accounting decisions in an agricultural application.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry questions: Why keep records? Who should have access to records?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34B","text":null,"addlInfo":null,"name":"Module 34B: Agricultural Business","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 34A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine business ownership as applied to agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize forms (e.g., sole proprietorship, corporation, franchise, partnership, cooperative model) of business ownership and discuss the applications to agricultural settings.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Discuss the benefits of different forms (e.g., sole proprietorship, corporation, partnership) of business ownership as applied to agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between cash and accrual accounting systems used within agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34C","text":null,"addlInfo":null,"name":"Module 34C: Agricultural Accounting Procedures","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Advanced","prerequisite":"Module 34B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate accounting practices for agricultural business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review cash control principles and give examples of how those principles may be used in a farm setting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish and sort farm financial information (e.g., vehicle, fuel, power, groceries, property tax, veterinary) into business and personal categories in preparation for journalizing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Categorize farm business expenses (e.g., purchase of seed, insurance premiums, percentage of utility bills, repairs and maintenance, feed) and farm business income (e.g., sales from crops, refunds, livestock products).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between a synoptic/combination journal in an agricultural setting and a synoptic/combination journal created in a general business setting and describe the similarities and differences between these two books of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Recognize cash and accrual methods of accounting and describe the circumstances under which each may be used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze how transactions such as cash inflow, cash outflow and accounting software are recorded to keep accurate agricultural business records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design and present column headings for the cash inflow and cash outflow synoptic/combination journals given transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze and record transactions related to an agricultural setting into cash inflow and cash outflow synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Balance and post column totals of completed synoptic/combination journals to general and subsidiary ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prepare a cash statement of farming income and expenses (i.e., income statement), a statement of net worth (i.e., balance sheet), and an accrual income statement from ledger accounts and the synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze scenarios (e.g., increased fertilizer or fuel expense, drop in livestock price) using farm records and justify actions to be taken the following year based on those records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT35","text":null,"addlInfo":null,"name":"Module 35: Journals and Financial Statements for Partnership","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Construct journal entries and financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare journals and financial statements for a sole proprietorship to those for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the accounting implications for dissolving a partnership and liquidating assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT36","text":null,"addlInfo":null,"name":"Module 36: Journals and Financial Statements for Corporate Accounting","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine journal entries and financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between journal entries and financial statements for a corporation, sole proprietorship and partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT37","text":null,"addlInfo":null,"name":"Module 37: Merchandising Business Project","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through a project simulation related to a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Organize and plan an accounting system that could be implemented given a set of a real life numerical examples such as phone bill, utility bills, business license, or rent.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Perform the financial responsibilities necessary to implement a chosen accounting system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry question: How do the accounts of a merchandising business differ from a service business?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Review the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT38","text":null,"addlInfo":null,"name":"Module 38: Accounting Project for Business","focus":null,"designation":"Optional","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 24","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Engage in an accounting project or simulation related to owning or operating a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a business proposal for a business (e.g., online business, small business, e-business) within an area of interest (e.g., delivery service, investment company, shoe store, sports team).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Engage in the inquiry questions: How do copyright laws impact business decisions? How do online stores challenge personal ethics?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Justify your business decisions (e.g., drop shipping and out sourcing) based on your personal and business ethics (e.g., sustainable business, child labour, cosmetics and animal testing, economic footprint, First Nations and Métis worldviews/land).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze strengths, weaknesses, opportunities and threats from a managerial lens, given a variety of business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate how business impacts the local and global economy.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80A","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80A: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80B","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80B: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81A","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81A: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Intermediate","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81B","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81B: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Advanced","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82A","text":null,"addlInfo":null,"name":"Module 82A: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82B","text":null,"addlInfo":null,"name":"Module 82B: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99A","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99A: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"ACCT99B","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99B: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"MODULE","identifier":"ACCT99C","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99C: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}],"curricOcConfigs":[{"configType":"COURSE_CONFIG","title":"Accounting 10","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT1","text":null,"addlInfo":null,"name":"Module 1: Introduction to Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the need for accounting in business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT2","text":null,"addlInfo":null,"name":"Module 2: Identifying Accounting Standards","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the role of accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT3","text":null,"addlInfo":null,"name":"Module 3: Accounting Equation","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":"Module 1, 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT4","text":null,"addlInfo":null,"name":"Module 4: T-accounts","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Introductory","prerequisite":"Module 3","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Utilize transactions and apply T-accounts in order to understand the concept of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Relate the left and right of the T-account location to the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Label debit (left) and credit (right) as left and right of the T-account location.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the location (l/r) of the elements (i.e., assets, liabilities, owners’ equity) of the accounting equation and how those elements correlate to the normal balance of an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Implement the use of normal balance in each sub-element of owners’ equity (i.e., capital [CR], drawings [DR], revenue [CR] and expenses [DR]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interpret how the normal balance side of a T-account relates to the increase and decrease of an account balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize and apply the concept of double entry accounting by assigning the amounts of a transaction into one debit and one credit part.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze transactions into debits and credits using a pair of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze a full set of business transactions and record in a ledger of T-accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the final balance of a T-account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prove equality between normal debit balances and normal credit balances by totaling accounts to confirm the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Discuss how capital, drawings, revenue and expenses relate to owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT5","text":null,"addlInfo":null,"name":"Module 5: Journals","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 4","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore how journals simplify and organize transactions in accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify the information contained in source documents.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify the importance of a journal as a permanent legal entity or legal document as it connects to Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify columns (i.e., general debit, general credit, special amount columns) of a combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze and record business transactions into a journal or journals referencing a chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prove the total of debit columns equals the total of credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Prove cash by determining that the amount of cash in the journal agrees with the accounting records (e.g., cheque stub).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze, explain and correct discrepancies when preparing a series of accounting proofs such as slide, divide by 9, and double/half.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT6","text":null,"addlInfo":null,"name":"Module 6: Ledgers","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Summarize transactions of an account by updating ledgers to obtain current balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a chart of accounts and sort assets (100), liabilities (200), capital (300), revenue (400) and expenses (500) into numerical order for a service business organized as a proprietorship.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the columns (e.g., date, name, account, number, account number, entry, balance) of a ledger form and open a ledger for each account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the need for a ledger (i.e., balance of accounts) when a journal is already done.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Post amounts from the general debit and credit columns into individual accounts in the general ledger.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Post totals from the special amount columns to individual accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT7","text":null,"addlInfo":null,"name":"Module 7: Worksheets","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 6","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Create a worksheet to summarize data in order to generate financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the ledger by preparing a trial balance in the worksheet which includes listing all account titles and balances from the general ledgers into correct debit and credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate and record adjustments in the worksheet in accordance with the Generally Accepted Accounting Principle (GAAP) matching principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Extend the revenue and expense accounts into the income statement from the trial balance and adjustments column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Extend the assets, liabilities, capital, and drawing accounts to the balance sheet column from the trial balance and adjustment column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Total the columns of the income statement and calculate net income/net loss with proving totals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the relationship between sales and expenses (i.e., net income or net loss) on the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT8","text":null,"addlInfo":null,"name":"Module 8: Financial Statements","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Introductory","prerequisite":"Module 7","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare and interpret financial statements (income statement and balance sheet) for an accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how recording and reporting financial information affects business owners’ ability to make accurate business decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Consider the inquiry questions: How are financial statements used to aid decision makers? What information must be present on a financial statement (e.g., adequate disclosure)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the purpose of income statements and balance sheets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compile the income statement listing the heading, business name, date, account titles and appropriate debit and credit amounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the net income or loss by comparing the revenue and expenses to ensure the net income/loss on the income statement is consistent with the worksheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Recognize that a balance sheet reports the financial condition of a business on a specific date by detailing the assets, liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compile a balance sheet listing business name, date, account titles and appropriate amounts for the assets and liabilities using the amounts from the worksheet’s balance sheet columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the capital for a balance sheet ensuring that total assets equal total liabilities and capital.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Critique a presentation of financial statements from the perspective of a member of the board of directors or from the perspective of a potential investor.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Assess the viability of a business based on a simulated balance sheet.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze examples of publicly available financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT9","text":null,"addlInfo":null,"name":"Module 9: Adjusting and Closing Entries","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Introductory","prerequisite":"Module 8","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Generate adjusting and closing entries in relation to the appropriate accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe how the matching principle justifies the need for adjusting and closing entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record adjusting entries in the general or combination journal for all prepaid expenses (e.g., supplies, insurance, advertising).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Transfer the adjusting entries from the general or combination journal to the ledger by posting them to appropriate ledger account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between permanent and temporary accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Identify the new account income summary as a temporary account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define and discuss the purpose of closing entries (e.g., update accounts, transferring net income/loss to owners’ equity account).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate and prepare closing entries by journalizing each entry and posting them to the ledger to bring temporary accounts to zero.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT10","text":null,"addlInfo":null,"name":"Module 10: Post-Closing Trial Balance","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":"Module 9","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the final step of the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define post-closing trial balance and its purpose.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prove the equality between debits and credits of the permanent accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Rationalize why no temporary accounts will be in the post-closing trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize the end-of-the month permanent account balances are new balances for the next month.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine the inquiry question: Why is it important to complete the post-closing trial balance at the end of a fiscal period?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT11","text":null,"addlInfo":null,"name":"Module 11: Accounting Cycle Project","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through application of the accounting cycle for service business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) to a service business scenario.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Apply error finding techniques within aspects of the accounting cycle and identify appropriate corrections.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss and justify decisions made to solve problems that arise during the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze decisions for given scenarios utilizing the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the financial situation of a service business based on the financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compose questions to help accountants interpret and analyze financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Compare post-closing trial balances for two different accounting cycles and examine changes that occurred during the accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT12","text":null,"addlInfo":null,"name":"Module 12: Employee Wellness","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify the importance of wellness practices for employers and employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13A","text":null,"addlInfo":null,"name":"Module 13A: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry in Saskatchewan and Canada.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify occupations in the accounting industry (e.g., public accounting, industry, government).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eResearch different occupations in the accounting field to contrast: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n educational requirements;\n \u003c/li\u003e\n \u003cli\u003e\n working conditions, including typical hours and shifts worked as well as typical locations;\n \u003c/li\u003e\n \u003cli\u003e\n duties and skills required; and,\n \u003c/li\u003e\n \u003cli\u003e\n professional and/or licensing requirements in Saskatchewan (CPA) and Canada.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25A","text":null,"addlInfo":null,"name":"Module 25A: Basic Payroll","focus":null,"designation":"Optional","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll and how net pay is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29A","text":null,"addlInfo":null,"name":"Module 29A: Technology Applications for a Service Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Introductory","prerequisite":"Module 10","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in service business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a service business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how service businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a service business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT30","text":null,"addlInfo":null,"name":"Module 30: Business Types and Ownership Options","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate different types of businesses and options for ownership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99A","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99A: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"configType":"COURSE_CONFIG","title":"Accounting 20","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT14","text":null,"addlInfo":null,"name":"Module 14 : Introduction to Merchandising","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 11","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the operation and viability of a merchandising business from an accounting perspective.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Investigate the difference between a service business and a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze local, provincial, national and international examples of merchandising (buying and selling) between producer, manufacturer, wholesaler, retailer and consumer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Evaluate business decisions related to import/export costs, product sustainability, local vs international merchandise and the impact those decisions have on the financial profits/loss of a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify examples of merchandising businesses within the community and examine the viability of the business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Interview an owner of a merchandising business in the community to discuss operational information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explain the difference between the acquisition price and the selling price of a product.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the meaning of markup, margin and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Explain purchases and their related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Design a proposal for a home-based or online merchandising business, including components such as cost price, profit, overhead, selling price, salaries, delivery, advertising, income tax benefits, primary or secondary source revenue, supplier and markdown.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT15","text":null,"addlInfo":null,"name":"Module 15: Accounting Standards and Business Ethics","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the purpose and application of the Generally Accepted Accounting Principles (GAAPs).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss how Generally Accepted Accounting Principles (GAAPs) and accounting standards are applied to accounting cycles and to business transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Collaborate with peers to discuss inquiry questions such as: Why do GAAPs and accounting standards exist? How are the GAAPs applied? What would happen in the absence of any standards?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the relationship between personal, professional and business ethics and how it relates to GAAPs and the accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss why different parts of accounting handbook exist (e.g., International Financial Reporting Standards [IFRS], Accounting Standards for Private Enterprises [ASPE], Not-for-profit organizations [NPO], Public Sector Accounting Board [PSAB]).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate accounting examples of current events that involve a breach in ethics or failure to adhere to accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT16","text":null,"addlInfo":null,"name":"Module 16: Merchandising Inventory Accounts","focus":null,"designation":"Core","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 14","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore the importance of inventory and its accurate value within a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define merchandising inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and assign a number to the different types of accounts used in a merchandising business such as merchandise inventory, purchases, sales and cost of goods sold to the chart of accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry questions: Why is inventory reported on the balance sheet as the amount paid for the item, not the selling price? Why is the cost of goods sold reported on the income statement?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the relationship between beginning inventory (e.g., cost of goods on hand) and ending inventory.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate the balance of merchandise inventory in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between perpetual inventory and periodic inventory, considering cost, ease of handling, computerization and labour hours.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Analyze the implications of inventory surplus or deficits in a business (e.g., cash flow, expenses, loss).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate the cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT17","text":null,"addlInfo":null,"name":"Module 17: Sales and Purchases Accounts","focus":null,"designation":"Core","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Intermediate","prerequisite":"Module 16","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess sales and purchase accounts for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Distinguish between cash and purchase transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Analyze sales tax as a liability in a business and how it is calculated on sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Assess discounts and how they apply to purchases (e.g., 2/10 n/30 – 2% off if paid within 10 days or net 30) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze the effect that sales returns and discounts have on original sales transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Implement contra accounts to record returns and allowances transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze a sales invoice to see if all relevant components including seller, buyer, date, quantity, date, amount, item, tax, terms and total are noted.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Implement the use of special journals (e.g., purchases, cash payments, sales, cash receipts, departmental journals).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Organize transactions into the appropriate sales or purchase journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Distinguish between the general ledger and the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Discuss how the controlling accounts receivable and the controlling accounts payable account summarize all accounts from the subsidiary ledgers.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Produce a schedule of accounts payable and accounts receivable ensuring the total matches the appropriate controlling account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Post-sales on account transactions, totals, merchandise purchases, cash receipts and cash payments to the appropriate ledger or column.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Critique how cash on delivery (COD), on account, charge, discounts and returns all impact the sales revenue of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Explain how sales and related accounts are the main source of revenue in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"o","text":"Classify purchases and related accounts (e.g., source documents, invoice, returns and allowances, discounts) as well as invoice and transportation costs (e.g., freight-in, free on board destination).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"p","text":"Explain purchases and its related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"q","text":"Apply generally accepted accounting principles (GAAP) to sales and purchases.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT18","text":null,"addlInfo":null,"name":"Module 18: Steps 1-3 of Accounting cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":20,"level":"Intermediate","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 1-3 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review and summarize the eight steps in the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance) for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish differences in the accounting cycle for a merchandising business versus a service business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify what source documents include (e.g., till tape, invoices, memos, cash receipts, cheque stubs) in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Justify that no entry should be made unless it has a supporting document as related to the GAAP objectivity principle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze each source document and journalize appropriately for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Execute a multi-journal system and/or an expanded combination journal (e.g., sales, purchases, cash receipts, cash payment) for a scenario/simulation of a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Post values to the general ledger and subsidiary ledgers such as accounts receivable and accounts payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Total and prove journal(s) debit columns equal credit columns.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Examine ways to prove the accuracy of posting (e.g., schedule of accounts payable, schedule of accounts receivable).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT19","text":null,"addlInfo":null,"name":"Module 19: Steps 4-8 of Accounting Cycle for Merchandising Business","focus":null,"designation":"Core","suggestedTimeMin":15,"suggestedTimeMax":18,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Implement steps 4-8 of the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Prove the accuracy of the general ledger for a merchandising business by preparing a trial balance.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Complete a worksheet by organizing and planning adjustments and sorting account balances into the correct financial statement columns to calculate the net income/loss.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Prepare a balance sheet, income statement and statement of owners\u0027 equity for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine and discuss who reads financial statements and why they do.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare the journal entries for adjusting and closing entries for the end of the accounting period in the general or synoptic/combination journal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Post the adjusting and closing entries by transferring them from the journals to the general ledger to close the temporary accounts and prepare the business books for the next accounting period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare a post-closing trial balance to check the equality of the general ledger upon completion of the accounting cycle in a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25B","text":null,"addlInfo":null,"name":"Module 25B: Advanced Payroll","focus":null,"designation":"Optional","suggestedTimeMin":6,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 25A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll for a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Itemize payroll components including earnings, compulsory and voluntary deductions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify why detailed payroll records must be maintained.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify the data (e.g., hourly wage, salary, piecework, commission, overtime, contract work) typically used to calculate earnings for gross pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Prepare a payroll chart using provided financial information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Calculate gross pay, total deductions and net pay based on the earnings for the correct pay period.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between mandatory and voluntary optional deductions for employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Recognize that the compulsory deductions are an employer\u0027s expense to the federal government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate compulsory deductions (i.e., Canada Pension Plan, Employment Insurance, Federal Income Tax) and voluntary deductions using the taxable earnings based on government set percentages.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss employers’ responsibilities regarding dispersing voluntary deductions to appropriate organizations (e.g., charitable donations).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Journalize and post the payroll to update general ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Discuss the importance of accurate payroll information for the preparation of year-end summaries (e.g., T4 and T4-A slips).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Analyze the importance of an employer completing a Record of Employment, with appropriate codes, for employees in situations where employment ends, or the employee leaves due to pregnancy, injury, illness, adoption leave, layoff, or dismissal.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"n","text":"Generate a payroll for a business simulation, with or without accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT26","text":null,"addlInfo":null,"name":"Module 26: Business Taxes and Taxation","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 25B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explore business taxes and taxation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the employers’ legal obligations for submitting income tax collected from employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Categorize taxes (e.g., property tax, business tax) paid in order to run a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss the significance of provincial sales tax collection from consumers’ purchases to be remitted (paid) to the provincial government.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eExamine the importance of GST (\u003ci\u003eGoods and Services Tax\u003c/i\u003e) being collected and remitted to the federal government.\u003c/p\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Prepare journal entries incorporating various types of taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the purpose of municipal, provincial and federal taxes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27A","text":null,"addlInfo":null,"name":"Module 27A: Business Banking","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate banking functions for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify banking services designed for business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify commonly used terms such as service charges and interest rates within the financial services industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze banking services and software designed to meet specific business needs (e.g., small business, online business).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine banking fraud and its impact on businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze the impact electronic banking has on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between a chartered bank, a credit union, a trust company and other financial services in the community.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT27B","text":null,"addlInfo":null,"name":"Module 27B: Banking for Business Controls","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":3,"level":"Intermediate","prerequisite":"Module 5","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the importance of cash control in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the purpose of the bank reconciliation as a method of cash control.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare a bank reconciliation and update accounting records (journals, cheque stubs) after the reconciliation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare a business reconciliation to a personal situation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify the need for a set of internal cash control procedures for a business to protect against theft, waste and to ensure accurate data.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine and express one\u0027s own beliefs, values, and attitudes when handling ethical and unethical situations relating to cash and business practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how the frequency of cash transactions requires a cash receipts journal, cash payments journal, or a synoptic/combination journal to be used as the book(s) of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT28","text":null,"addlInfo":null,"name":"Module 28: Petty Cash","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the purpose of having a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define petty cash fund and recognize the advantages of having such an account.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Justify practices for establishing and replenishing a petty cash fund.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Carry out a transaction in which petty cash is used as payment.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss how a petty cash system can be adapted to different organizations and businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Summarize and explain good cash control procedures within personal, community, and business situations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29B","text":null,"addlInfo":null,"name":"Module 29B: Technology Applications for a Merchandising Business","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate technology as a tool to aid in the accounting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the various types and purposes of accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Explore the use of computers and accounting software in merchandising business accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify key issues to consider when dealing with software copyright and site licensing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine the importance of restricting access to data by using a password/security system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Propose solutions to accounting problems where accounting software has been used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Review the accounting cycle of a merchandising business relating manual activities to those that may be performed using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Investigate how merchandising businesses in the community use accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Carry out an accounting cycle for a merchandising business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31A","text":null,"addlInfo":null,"name":"Module 31A: Asset Analysis","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze how financial statements are used when making business decisions related to bad debt.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Generate a list of who (e.g., insurance agencies, Canada Revenue Agency, financial institutions) needs access to financial statements and discuss the purpose of granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Define bad debts and depreciation as used within financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how bad debts, depreciation, and inventory valuations assist in assuring that assets are represented as accurately as possible on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Explore the inquiry questions: Who is interested in the accurate calculations of assets? Is it practical to aim for no bad debts in every situation? What impact does Canada Revenue Agency have on the amount of bad debt a company may claim?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Assess the impact of the GAAPs (e.g., historical cost, adequate disclosure, matching revenue with expenses, consistent reporting) on what is reported on financial statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31B","text":null,"addlInfo":null,"name":"Module 31B: Bad Debts","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":"Module 31A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine bad debts expense using the allowance method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define write-off using the allowance method and direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between a write-off and a direct write-off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the purpose of the allowance method for recording losses from uncollectible accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compute the amount of estimated bad debt for a business and prepare adjusting entries using the aging and percentage of net sales methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Perform the entries for writing off an uncollectible accounts receivable, using the write-off from an allowance account method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for the collection of an account receivable that was written off.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31C","text":null,"addlInfo":null,"name":"Module 31C: Depreciation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":7,"level":"Intermediate","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine depreciation of fixed assets through journals and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Describe the function of depreciation as connected to journal entries.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting concepts, principles, and practices (e.g., historical cost, matching revenue expenses, obsolescence, salvage value, book value) related to fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define fixed assets and describe how the amount of depreciation is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze how accounting for depreciation affects fixed assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compute the amount of estimated depreciation expense and prepare journal entries using the straight-line method of depreciation for full and partial years.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore and differentiate methods such as declining- balance, sum-of-the-years digits, production-unit method, and capital cost allowance for calculating depreciation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare journal entries for the disposal of fixed assets which have an accumulated depreciation account, calculating for each situation, disposing for a gain, a loss and at book value.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Calculate and record depreciation of fixed assets in a journal and fixed asset records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT37","text":null,"addlInfo":null,"name":"Module 37: Merchandising Business Project","focus":null,"designation":"Optional","suggestedTimeMin":7,"suggestedTimeMax":10,"level":"Intermediate","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine accounting practices through a project simulation related to a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Organize and plan an accounting system that could be implemented given a set of a real life numerical examples such as phone bill, utility bills, business license, or rent.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Perform the financial responsibilities necessary to implement a chosen accounting system.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the inquiry question: How do the accounts of a merchandising business differ from a service business?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Review the accounting cycle for a merchandising business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80A","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80A: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Intermediate","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81A","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81A: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Intermediate","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82A","text":null,"addlInfo":null,"name":"Module 82A: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99B","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99B: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"configType":"COURSE_CONFIG","title":"Accounting 30","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT20","text":null,"addlInfo":null,"name":"Module 20: Introduction to Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate non-monetary aspects of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Analyze and describe characteristics of management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between management and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and explain the management functions of planning, organizing, budgeting, forecasting and decision making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Identify and evaluate a range of management styles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Distinguish the difference among management roles such as manager controller, human resource manager, union-management and operations manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify and evaluate skills needed to fulfill management roles.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design a set of interview questions that could be used to interview for a manager position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Create a simulation that will evaluate whether or not an individual is an effective manager.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT21","text":null,"addlInfo":null,"name":"Module 21: Cost Accounting","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 20","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate calculating, controlling and reporting costs of doing business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define cost accounting and explain how it relates to management accounting and financial accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate cost into two categories (i.e., manufacturing costs and nonmanufacturing costs) to be used in management analysis.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Classify direct labour, direct materials and manufacturing overhead as manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Classify marketing/selling costs and administration costs as non-manufacturing costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Debate the importance of labour costs to management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Assess and describe how opportunity costs and sunk costs become part of the management decision-making process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Prepare the manufacturing statement, the schedule of cost of goods manufactured statement and the income statement for a merchandising business and manufacturing business and then examine the purpose of each.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT22","text":null,"addlInfo":null,"name":"Module 22: Fixed and Variable Costs","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 21","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Evaluate the factors a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss factors such as prices of products, volume of sales or production, per unit variable costs, total fixed costs and mix of products sold that a manager considers when making management decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish costs as being fixed or variable and describe how a manager may use this information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Determine a mixed costs analysis using the high-low method and the scatter graph method.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare an income statement detailing the contribution margin to the traditional income statement and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Create an income statement detailing the contribution margin.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Define the breakeven point to be when sales revenue is equal to total costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the breakeven point in units and sales and discuss how managers would use the breakeven point.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how cost-volume-profit (CVP) analysis connects the relationship of product prices, volume or activity levels, variable costs per unit and total fixed costs.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Apply the CVP equations (e.g., breakeven sales volume \u003d fixed costs ÷ contribution margin) to analyze various scenarios to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Analyze various scenarios by applying the CVP equations to determine their application to the contribution approach of an income statement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Define fixed and variable costs and related terms (e.g., cost behaviours, sales revenue contribution margin, contribution approach).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Compute and explain how changes in sales levels affect contribution margin and net income.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT23","text":null,"addlInfo":null,"name":"Module 23: Budgeting for Profit Planning","focus":null,"designation":"Core","suggestedTimeMin":10,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 22","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine how budgets assist in profit planning.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define the functions, goals, purposes and advantages of a budget and the budgeting process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Differentiate between the concepts of planning and control when discussing budgets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify and present the contributions of five types of budgets including sales, purchases, cost of goods manufactured, selling and administrative expense and cash to the master budget as part of the profit planning process.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Organize and construct a budgeted income statement and budgeted balance sheet based on budget information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Differentiate and describe the variances (e.g., manager’s performance or because of production/ market/ economic conditions) between budgeted and actual data that require further investigation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Compare and outline the differences between a master budget and a flexible budget using what-if questions to observe changes in net income/loss, using variations in selling price, fixed costs, variable administration expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT24","text":null,"addlInfo":null,"name":"Module 24: Financial Statement Analysis in Management Accounting","focus":null,"designation":"Core","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 23","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify how financial statement analysis assists management with decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Examine and outline the purpose of financial statement analysis in management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Review what information financial statements provide and to whom financial statements may be of use.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Analyze financial statements and express trends and changes using comparative balance sheets and comparative income statements.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Investigate how a manager would interpret trends and changes (e.g., a slight increase/ decrease in net sales from one month to another).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Analyze financial statements and express the strengths and weaknesses of a business using ratios (e.g., current, quick or acid test, inventory turnover, debt and equity, return on owners’ equity, markup and return on sales).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Examine the performance earnings and efficiency analysis and describe how they support management decision-making.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT13B","text":null,"addlInfo":null,"name":"Module 13B: Career Opportunities in Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 13A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate career opportunities in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research different specializations in the accounting field such as business analyst, controller, financial accounting, managerial accounting and forensic accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect upon one’s suitability or non-suitability for a specific occupation in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Discuss how accounting professionals apply and adhere to different accounting standards depending on the type of entity (e.g., publicly accountable enterprise [IFRS], private enterprise [ASPE], not for profit organization [NPO], public sector entity [PSAB]) in which they are employed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Design interview questions that could be used for an accounting position.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Critique skills and interests that would enhance career choices (e.g., a focus on accounting practices specific to the agricultural community).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Discuss how economic conditions may affect job prospects in the accounting industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT29C","text":null,"addlInfo":null,"name":"Module 29C: Accounting Technology","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 29A or 29B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the impact of technology on accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Discuss the benefits and limitations of accounting software and apps.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Implement individual steps of the accounting cycle of a business using accounting software.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Create a mock business plan and utilize technology to generate the financial operations of a business following the accounting cycle.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Research digital currency and discuss how it impacts businesses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Generate a list of considerations (e.g., security of data, affordability, updates, required forms) when implementing accounting technology in a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Defend the need for security systems, data protection and backup for accounting records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the impact (e.g., accessibility, global markets, e-business, working from home) of technology on business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT31D","text":null,"addlInfo":null,"name":"Module 31D: Inventory Valuation","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Advanced","prerequisite":"Module 19","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine different inventory valuation methods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define terms related to pricing of inventory such as stock record, stock ledger, Last-In, Last-Out(LILO), and First-In, First-Out (FIFO).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish between periodic and perpetual inventory and explain the conditions under which each type of inventory may be advantageous.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Identify accounts affected by merchandise inventory, and used in calculating cost of goods sold.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Examine merchandise included in counting inventory (e.g., merchandise in transit, merchandise on consignment).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Describe and calculate three methods of valuing merchandise inventory including First-In, First-Out (FIFO), Last-In, Last-Out (LILO) and Weighted Average.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Differentiate between three methods (i.e., First-In, First-Out [FIFO], LastIn, Last-Out [LILO] and Weighted Average) for valuing inventory when reporting net income and total assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine the effects of increasing and decreasing market prices on inventory values.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT32","text":null,"addlInfo":null,"name":"Module 32: Promissory Notes","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":"Module 31B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze and record entries related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts such as note payable, note receivable, maker of a note, payee, principal, interest rate, maturity date, term, maturity value, interest income, interest expense and dishonored note related to promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Record the acceptance of a note as receivable or payable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the maturity date of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest or expense on promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Account for the collection or payment of promissory notes.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Account for a dishonored promissory note receivable.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT33","text":null,"addlInfo":null,"name":"Module 33: Accrued Revenue","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 32","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine entries related to accrued and deferred revenue and expenses.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Record an entry to receive cash on deferred revenue.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Calculate the amounts and record the entry for deferred revenue when earned.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Record an entry to pay cash on a deferred expense.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Calculate the amount and record the entry for a deferred expense when incurred.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34A","text":null,"addlInfo":null,"name":"Module 34A: Agricultural Accounting: Impact of Records","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":8,"level":"Intermediate","prerequisite":"Module 18","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Assess the impact of accurate record keeping in the agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain why farm records are required.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Investigate the potential consequences of inaccurate bookkeeping.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Investigate forms of record keeping that address specific needs of the agriculture industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Generate a list of who (e.g., insurance agencies, Canadian Wheat Board, Canada Customs and Revenue Agency, financial institutions) would need to access farm records and discuss the purpose (e.g., financing, tax returns, farm programs, crop insurance) for granting access.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss the role that insurance agencies play in protecting various farm investments (e.g., crop, stock).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Investigate agencies/organizations (e.g., Saskatchewan Economic Development Corporation, Farm Credit Canada, Farm Syndicates Credit Act) and the available financial supports for agriculture credit and why accurate farm records are needed.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Examine programs available through agencies/organizations such as Agriculture and Agri-Food Canada that support specific groups (e.g., farm with lower net worth, First Nations, corporations) working in the agriculture industry in Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Examine how farm records are used to make decisions regarding operation (e.g., what to grow and when, diversification) and financial management (e.g., capital asset replacement, tax laws, estate planning tools, government programs, loan application) decisions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Compose a set of guidelines for ethical and fair accounting decisions in an agricultural application.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry questions: Why keep records? Who should have access to records?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34B","text":null,"addlInfo":null,"name":"Module 34B: Agricultural Business","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Intermediate","prerequisite":"Module 34A","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine business ownership as applied to agricultural industry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize forms (e.g., sole proprietorship, corporation, franchise, partnership, cooperative model) of business ownership and discuss the applications to agricultural settings.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Discuss the benefits of different forms (e.g., sole proprietorship, corporation, partnership) of business ownership as applied to agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between cash and accrual accounting systems used within agriculture.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT34C","text":null,"addlInfo":null,"name":"Module 34C: Agricultural Accounting Procedures","focus":null,"designation":"Optional","suggestedTimeMin":5,"suggestedTimeMax":10,"level":"Advanced","prerequisite":"Module 34B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate accounting practices for agricultural business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Review cash control principles and give examples of how those principles may be used in a farm setting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Distinguish and sort farm financial information (e.g., vehicle, fuel, power, groceries, property tax, veterinary) into business and personal categories in preparation for journalizing.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Categorize farm business expenses (e.g., purchase of seed, insurance premiums, percentage of utility bills, repairs and maintenance, feed) and farm business income (e.g., sales from crops, refunds, livestock products).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish between a synoptic/combination journal in an agricultural setting and a synoptic/combination journal created in a general business setting and describe the similarities and differences between these two books of original entry.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Recognize cash and accrual methods of accounting and describe the circumstances under which each may be used.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze how transactions such as cash inflow, cash outflow and accounting software are recorded to keep accurate agricultural business records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Design and present column headings for the cash inflow and cash outflow synoptic/combination journals given transactions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Analyze and record transactions related to an agricultural setting into cash inflow and cash outflow synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Balance and post column totals of completed synoptic/combination journals to general and subsidiary ledger accounts.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Prepare a cash statement of farming income and expenses (i.e., income statement), a statement of net worth (i.e., balance sheet), and an accrual income statement from ledger accounts and the synoptic/combination journals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Analyze scenarios (e.g., increased fertilizer or fuel expense, drop in livestock price) using farm records and justify actions to be taken the following year based on those records.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT35","text":null,"addlInfo":null,"name":"Module 35: Journals and Financial Statements for Partnership","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Construct journal entries and financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Compare journals and financial statements for a sole proprietorship to those for a partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Discuss the accounting implications for dissolving a partnership and liquidating assets.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT36","text":null,"addlInfo":null,"name":"Module 36: Journals and Financial Statements for Corporate Accounting","focus":null,"designation":"Optional","suggestedTimeMin":4,"suggestedTimeMax":6,"level":"Advanced","prerequisite":"Module 17","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Examine journal entries and financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Calculate and prepare journal entries for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Prepare financial statements for a corporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Differentiate between journal entries and financial statements for a corporation, sole proprietorship and partnership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT38","text":null,"addlInfo":null,"name":"Module 38: Accounting Project for Business","focus":null,"designation":"Optional","suggestedTimeMin":9,"suggestedTimeMax":12,"level":"Advanced","prerequisite":"Module 24","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Engage in an accounting project or simulation related to owning or operating a business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Create a business proposal for a business (e.g., online business, small business, e-business) within an area of interest (e.g., delivery service, investment company, shoe store, sports team).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Engage in the inquiry questions: How do copyright laws impact business decisions? How do online stores challenge personal ethics?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Justify your business decisions (e.g., drop shipping and out sourcing) based on your personal and business ethics (e.g., sustainable business, child labour, cosmetics and animal testing, economic footprint, First Nations and Métis worldviews/land).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Analyze strengths, weaknesses, opportunities and threats from a managerial lens, given a variety of business scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate how business impacts the local and global economy.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT80B","text":"Note: Work Study is used to prepare students for employment through specific skill development within a workplace. The number of work study opportunities is equal to the number of courses available in the curriculum area at the 20 and 30 level.","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 80B: Work Study Preparation","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Prepare for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Explain the roles and responsibilities of each partner (e.g., student, parent, teacher or other school staff, employer) involved in the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Research the business/organization to become familiar with its operations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"In collaboration with all partners, develop personal and learning goals for the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"\u003cp\u003eDevelop a procedural guide for the work placement that includes items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n transportation to and from the work placement;\n \u003c/li\u003e\n \u003cli\u003e\n hours of work;\n \u003c/li\u003e\n \u003cli\u003e\n guidelines for absence and tardiness;\n \u003c/li\u003e\n \u003cli\u003e\n dress code;\n \u003c/li\u003e\n \u003cli\u003e\n job description; and,\n \u003c/li\u003e\n \u003cli\u003e\n conflict resolution\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Compile an employer information package that includes documents needed for the work placement (e.g., personal career documentation such as a resume or portfolio, permission forms, logs, self- and employer evaluation forms).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"\u003cp\u003eBrainstorm a list of questions to ask the employer before beginning the work placement; these may include: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n What is my schedule of work hours?\n \u003c/li\u003e\n \u003cli\u003e\n Who is my supervisor?\n \u003c/li\u003e\n \u003cli\u003e\n What should I wear?\n \u003c/li\u003e\n \u003cli\u003e\n When will I be provided with safety training?\n \u003c/li\u003e\n \u003cli\u003e\n What potential hazards might I encounter in the work placement?\n \u003c/li\u003e\n \u003cli\u003e\n Where do I find fire extinguishers, first aid kits and emergency assistance?\n \u003c/li\u003e\n \u003cli\u003e\n What type of safety gear am I expected to wear? Is it provided?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do if I get injured or have an accident in the workplace?\n \u003c/li\u003e\n \u003cli\u003e\n How can I contact my health and safety committee or representative?\n \u003c/li\u003e\n \u003cli\u003e\n Are there any health and safety procedures I should follow?\n \u003c/li\u003e\n \u003cli\u003e\n Who is the first aid person?\n \u003c/li\u003e\n \u003cli\u003e\n Where are safety notices posted?\n \u003c/li\u003e\n \u003cli\u003e\n What should I do in case of a fire or emergency?\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Develop a list of questions that could potentially be asked by the employer/work placement in an interview situation as well as answers to the questions.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Participate in an interview with the employer prior to beginning the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Reflect upon one’s performance during the interview.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT81B","text":null,"addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eFor more information about implementing work study in schools, see the Work Study Guidelines for the Practical and Applied Arts included in the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 81B: Work Study Placement","focus":null,"designation":"Optional","suggestedTimeMin":25,"suggestedTimeMax":50,"level":"Advanced","prerequisite":"Module 80","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Participate in a work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Apply relevant skills and abilities during the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"\u003cp\u003eDocument one’s experience using electronic and other tools (e.g., vlogs, blogs, log sheets, reflective journals) to summarize and reflect upon items such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours of work including breaks;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n interactions with the employer, staff, customers and others;\n \u003c/li\u003e\n \u003cli\u003e\n company or organization’s ‘raison d’être;’ and,\n \u003c/li\u003e\n \u003cli\u003e\n skills developed and demonstrated during the work placement that enhance one’s employability.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Document knowledge and awareness of employment standards, safety, workplace ethics, rights and responsibilities, occupational health and safety, and networking observed during the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT82B","text":null,"addlInfo":null,"name":"Module 82B: Work Study Follow-up","focus":null,"designation":"Optional","suggestedTimeMin":2,"suggestedTimeMax":4,"level":"Intermediate, Advanced","prerequisite":"Module 81A, B","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Relate one’s work placement experience to personal and career goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"\u003cp\u003eShowcase one’s skills and abilities demonstrated during the work placement using artifacts, evidence of skill development and personal reflections on aspects of the work experience such as: \u003c/p\u003e\n \u003cul\u003e\n \u003cli\u003e\n hours worked;\n \u003c/li\u003e\n \u003cli\u003e\n responsibilities and tasks performed;\n \u003c/li\u003e\n \u003cli\u003e\n the importance of attitude towards work and taking responsibility for what needs to be done;\n \u003c/li\u003e\n \u003cli\u003e\n details about the entry level wage, salary scales and earning potential;\n \u003c/li\u003e\n \u003cli\u003e\n worker rights and responsibilities and the role of the union, if applicable;\n \u003c/li\u003e\n \u003cli\u003e\n ownership structure (e.g., corporation, franchise, sole proprietorship, partnership); and,\n \u003c/li\u003e\n \u003cli\u003e\n opportunities for advancement at the workplace and elsewhere in the industry.\n \u003c/li\u003e\n \u003c/ul\u003e","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Reflect on the attainment of personal and learning goals.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Update personal career documentation (e.g., resume, portfolio) following the work placement.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"In appreciation prepare a letter, note, card or other communication for the work placement employer.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Develop and/or revise personal and career goals based on the work placement experience.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT99C","text":"\u003cspan\u003eEvolving societal and personal needs, advances in technology, and demands to solve current problems require a flexible curriculum that can accommodate new ways and means to support learning in the future. The extended study module is designed to provide schools and teachers with an opportunity to meet current and future demands not provided for in current modules of every PAA curriculum. This flexibility allows a school or teacher to design one new module per credit to complement or extend the study of the core and optional modules to meet the specific needs of students or the community. The extended study module is designed to extend the content of the pure courses and to offer survey course modules beyond the scope of the available selection of PAA modules, either in depth or breadth. The list of possibilities for topics of study or projects for the extended study module approach is as varied as the imagination of those involved in using the module. The extended study module guidelines should be used to strengthen the knowledge, skills, and processes advocated in the PAA curriculum. For more information on the guidelines for the Extended Study module, see the \u003ci\u003ePractical and Applied Arts Handbook\u003c/i\u003e.\u003c/span\u003e","addlInfo":"\u003cp\u003e\n \u003cb\u003eNote:\u003c/b\u003e\n \u003cspan\u003eThe extended study module may be used only once in each 100-hour course.\u003c/span\u003e\n \u003c/p\u003e","name":"Module 99C: Extended Study","focus":null,"designation":"Optional","suggestedTimeMin":10,"suggestedTimeMax":25,"level":"Introductory, Intermediate, Advanced","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]},{"configType":"PAA_MIDDLE_LEVEL_SURVEY","title":"Suggested Modules for Middle Level PAA Survey Courses","outcomeContents":[{"contentType":"MODULE","identifier":"ACCT1","text":null,"addlInfo":null,"name":"Module 1: Introduction to Accounting","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate the need for accounting in business.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Define financial accounting, cost accounting and management accounting.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Discuss how different forms of business ownership have led to the need for different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Examine the inquiry question: Why is accounting important?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT2","text":null,"addlInfo":null,"name":"Module 2: Identifying Accounting Standards","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Explain the role of accounting standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize that accounting handbooks exist to ensure accounting practices reflect current standards.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"List examples of accounting principles (e.g., Canadian Generally Accepted Accounting Principles [GAAPs]; business identity, going concern, accounting period cycle, objective evidence, unit of measurement, realization of revenue, matching expenses with revenue, historical cost, adequate disclosure, consistent reporting).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Relate accounting standards to examples found in the community (e.g., local business, First Nations governance authorities, not-for-profit organizations, public sector entities).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT3","text":null,"addlInfo":null,"name":"Module 3: Accounting Equation","focus":null,"designation":"Core","suggestedTimeMin":2,"suggestedTimeMax":5,"level":"Introductory","prerequisite":"Module 1, 2","notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Define assets, liabilities and owners’ equity (capital).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Classify and sort examples of assets, liabilities and owners’ equity.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Explain the accounting equation relationship (i.e., a \u003d l + oe).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Manipulate and solve problems using the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Examine how business transactions affect the accounting equation and apply to calculations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT12","text":null,"addlInfo":null,"name":"Module 12: Employee Wellness","focus":null,"designation":"Core","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Justify the importance of wellness practices for employers and employees.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Research practices that impact employee productivity, profit and retention.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify factors (e.g., snacks, atmosphere, movement opportunities) that influence employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Examine the impact that sitting at a desk or computer has on physical and mental wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Perform stretches designed for employees that are working at a desk or computer for extended periods.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Design a company policy regarding employee wellness.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Identify ergonomic risk factors and plan an ergonomic work station.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT25A","text":null,"addlInfo":null,"name":"Module 25A: Basic Payroll","focus":null,"designation":"Optional","suggestedTimeMin":1,"suggestedTimeMax":2,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate payroll and how net pay is calculated.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Recognize the components including gross pay, deductions and net pay of a pay cheque.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Identify the gross pay, deductions and net pay on a given document.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"Calculate the gross pay, total deductions and net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Compare the gross pay to the net pay.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Explore the Canada Revenue Agency (CRA) website for current Canadian tax information.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]},{"contentType":"MODULE","identifier":"ACCT30","text":null,"addlInfo":null,"name":"Module 30: Business Types and Ownership Options","focus":null,"designation":"Optional","suggestedTimeMin":3,"suggestedTimeMax":5,"level":"Introductory","prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"OUTCOME","identifier":null,"text":"Investigate different types of businesses and options for ownership.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[{"contentType":"INDICATOR","identifier":"a","text":"Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"b","text":"Summarize components of sole proprietorship, partnership, or incorporation.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"c","text":"List different types of businesses such as merchandising, manufacturing, service and e-commerce.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"d","text":"Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"e","text":"Investigate businesses found in the province of Saskatchewan, in Canada and globally.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"f","text":"Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)?","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"g","text":"Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"h","text":"Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"i","text":"Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation).","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"j","text":"Present the characteristics and process of forming partnerships and/or corporations.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"k","text":"Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"l","text":"Create a simple articles of incorporation for a corporation based on an area of interest.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]},{"contentType":"INDICATOR","identifier":"m","text":"Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios.","addlInfo":null,"name":null,"focus":null,"designation":null,"suggestedTimeMin":null,"suggestedTimeMax":null,"level":null,"prerequisite":null,"notesTop":null,"notesBottom":null,"children":[]}]}]}]}]}