MONEY & BANKING

Non-banking financial institutions.

By the end of the lesson, the learner should be able to:
Cite examples of non-banking financial institutions.
State functions of non-banking financial institutions.
Outline differences between commercial bank and NBFI.

Exposition;
Brief discussion;
Probing questions.

text book

New Inventor K.L.B. BK IV. Pg. 109-113

MONEY & BANKING

Functions of the Central bank.

By the end of the lesson, the learner should be able to:
Identify objectives and functions of the Central Bank.

Exposition of new ideas;
Guided discussion.

text book

New Inventor K.L.B. BK IV. Pg 113-8

MONEY & BANKING
FINANCIAL STATEMENTS

Trends in banking.
Basic financial ratios: - Mark-up.

By the end of the lesson, the learner should be able to:
Describe banking policies on types of account, use of computers, ,ATMs, m-banking, Mpesa,
e-banking.

Brain storming;
Discussion.

chart,text book

New Inventor K.L.B. BK IV. Pg. 118-121

FINANCIAL STATEMENTS

- Margin.

By the end of the lesson, the learner should be able to:
Define the term margin.
Explain why margin is important in a business.
Determine business margin.

Exposition of new concept;
Worked examples;
Written exercise.

text book

New Inventor K.L.B. BK IV. Pg. 71-72

FINANCIAL STATEMENTS

Using mark-up or margin to prepare a trading account.

By the end of the lesson, the learner should be able to:
Work out the mark-up given the margin and vice-versa.

Guided discovery on the relationship.
Illustrative examples.

text book

New Inventor K.L.B. BK IV. Pg.72-74

FINANCIAL STATEMENTS

Current ratio or Working capital ratio.

By the end of the lesson, the learner should be able to:
Define the term current ratio or working capital ratio.
Explain importance of current ratio.
Calculate current ratio given various balances.

Exposition & Worked examples;
Discussion.

text book,chart

New Inventor K.L.B. BK IV. Pg. 75-76

FINANCIAL STATEMENTS

Current ratio or Working capital ratio.

By the end of the lesson, the learner should be able to:
Define the term current ratio or working capital ratio.
Explain importance of current ratio.
Calculate current ratio given various balances.

Exposition & Worked examples;
Discussion.

text book,chart

New Inventor K.L.B. BK IV. Pg. 75-76

FINANCIAL STATEMENTS

Rate of stock turnover.

By the end of the lesson, the learner should be able to:
Define the terms turn over and rate of stock turn over.
Calculate the rate of stock turn over.

Exposition, Worked examples & numericals
Discussion: implications of rate of stock turnover on a business.

chart

New Inventor K.L.B. BK IV. Pg. 76-78

FINANCIAL STATEMENTS

Stock turn-over and trading account.

By the end of the lesson, the learner should be able to:
Prepare the trading account given the rate of stock turn-over.

Illustrative examples & supervised practice.

text book

New Inventor K.L.B. BK IV. Pg. 78

FINANCIAL STATEMENTS

Return on Capital.

By the end of the lesson, the learner should be able to:
Define the term return on capital.
Calculate return on capital.
Explain implications of return on capital on a business.

Brief discussion;
simple problem solving;
Assignment.

chart, text book

New Inventor K.L.B. BK IV. Pg. 79

FINANCIAL STATEMENTS

Acid test or quick ratio.

By the end of the lesson, the learner should be able to:
Determine the quick ratio given current assets, stock and current liabilities.

Exposition of new concepts;
Simple calculations.

Business Magazines.

New Inventor K.L.B. BK IV. Pg. 79-80

FINANCIAL STATEMENTS

Acid test or quick ratio.

By the end of the lesson, the learner should be able to:
Determine the quick ratio given current assets, stock and current liabilities.

Exposition of new concepts;
Simple calculations.

Business Magazines.

New Inventor K.L.B. BK IV. Pg. 79-80

PUBLIC FINANCE

Purpose of public finance. Sources of public finance.
External borrowing.

By the end of the lesson, the learner should be able to:



Differentiate between internal and external borrowing.

Brainstorming.
Brief discussion.

Business Magazines.
text book

New Inventor K.L.B. BK IV. Pg.125-7

PUBLIC FINANCE

Government expenditure. Principles of public expenditure.

By the end of the lesson, the learner should be able to:
Differentiate between recurrent and development expenditure.
Outline principles of public expenditure.

Exposition & discussion.

Newspaper cuttings & relevant magazines.

New Inventor K.L.B. BK IV. Pg. 129-130

PUBLIC FINANCE

Taxation.

By the end of the lesson, the learner should be able to:
Define the term taxation.
Identify methods that the give reasons for taxation.

Exposition;
Explanations.

Newspaper cuttings & relevant magazines.

New Inventor K.L.B. BK IV. Pg.131

PUBLIC FINANCE

Principles of taxation.

By the end of the lesson, the learner should be able to:
Explain basic principles of taxation.

New Inventor K.L.B. BK IV. pg 132-3

PUBLIC FINANCE

Impact and incidence of tax. Classification of taxes on basis of structure.

By the end of the lesson, the learner should be able to:
Differentiate between impact and incidence of tax.

Classify taxes according to structure.
State merits and demerits of taxing people according to structure.

Exposition of new ideas;
Give examples and explanations.

text book

Pg. 133-4

PUBLIC FINANCE

Classification of taxes on basis of impact on the tax payer. - Direct tax.
Classification of taxes on basis of impact on the tax payer. - Indirect tax.

By the end of the lesson, the learner should be able to:
Classify taxes according to impact on the taxpayer.
State and explain merits and demerits of direct tax.

Guided discussion on direct taxes.

text book

Pg. 135-6

PUBLIC FINANCE

Topic summary / review

By the end of the lesson, the learner should be able to:
Tackle review question,

Problem solving.Revision;

text book

Pg. 142-144

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Source documents Introduction. Cash receipt.

By the end of the lesson, the learner should be able to:




Define a source document.
Give examples of source documents.

Describe features of a cash / cheque receipt.

Exposition of new terms;

Brain storming;

Brief discussion.

Cash receipts

New
Inventor
K.L.B.
BK IV.
Pg 1-2

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Invoice.

By the end of the lesson, the learner should be able to:
Outline details of an invoice.

Examine an invoice.
Probing questions on details of an invoice;
Discussion.

Invoices.

New Inventor K.L.B. BK IV. Pg. 3-4

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Debit note and credit note.

By the end of the lesson, the learner should be able to:
Define a debit note and a credit note.
Explain purposes of credit notes and credit note.

Examine a debit note and a credit note.
Brief discussion on features of the notes.

Debit note and credit note.

New Inventor K.L.B. BK IV. Pg. 5-6

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Payment voucher & petty cash voucher.
Books of original entry. Sales journal.

By the end of the lesson, the learner should be able to:
Identify entry features of a payment voucher & petty cash voucher.

Examine a payment voucher & petty cash voucher.
Discussion.

Payment voucher & petty cash voucher.
Sales journal.

New Inventor K.L.B. BK IV. Pg 6-7

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Posting from sales journal to sales ledger and general ledger.

By the end of the lesson, the learner should be able to:
Transfer entries from a sales journal to a sales ledger and general ledger.

Discussion on illustrated examples.

Sales ledger.

New Inventor K.L.B. BK IV. Pg 10-12

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Sales returns journal.

By the end of the lesson, the learner should be able to:
Explain purpose of a sales returns journal.
Prepare a sales return journal.

Examine a sales return journal.
Discussion on its features Illustrated example: preparing a sales journal given a number of transactions.

Sales returns journal sample page.

New Inventor K.L.B. BK IV. Pg. 13-14

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Posting entries to the general ledger and sales ledger.

By the end of the lesson, the learner should be able to:
Post entries from sales return journal to the general ledger and the sales ledger.

Illustrated example;
Supervised practice.
Written exercise.

Sales return journal sample page.

New Inventor K.L.B. BK IV. Pg 14

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Purchases journal.

By the end of the lesson, the learner should be able to:
Prepare a purchases journal given some transactions.

Exposition of new concepts;
Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice.

Purchases journal sample page.

New Inventor K.L.B. BK IV. Pg. 15-17

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Purchases return journal.
Cash receipt journal.

By the end of the lesson, the learner should be able to:
Prepare a purchases journal given some transactions.
Post entries from the journal to the purchases return ledger.

Exposition of new concepts;
Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice.

Purchases return journal sample page.
Cash receipt journal.

New Inventor K.L.B. BK IV. Pg. 17-19

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Cash payment journal.

By the end of the lesson, the learner should be able to:
Prepare a cash payment journal.
Post cash payment journal entries to ledger accounts correctly.

Exposition of new concepts;
Illustrated example;
Written exercise.

Illustrated cash payment ledger.

New Inventor K.L.B. BK IV. Pg. 22-23

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

The petty cash book with imprest system.

By the end of the lesson, the learner should be able to:
Make entries in a petty cash book.
Post entries from the book to ledger accounts.

Illustrated examples;
Group assignments.

Illustrated petty cash book.

New Inventor K.L.B. BK IV. Pg.26-30

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Analysis cash book.

By the end of the lesson, the learner should be able to:
Record transactions in an analysis cash book.

Exposition of new concepts;
Worked examples;
Discussion;
Written exercise.

Cash analysis sample page.

New Inventor K.L.B. BK IV. PG. 32-36

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

General journal.

By the end of the lesson, the learner should be able to:
Record transactions in a general journal.

Worked examples;
Supervised practice.

General journal sample page.

New Inventor K.L.B. BK IV. 36-37

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Transactions passed through the general journal.
Importance of journals.

By the end of the lesson, the learner should be able to:
Identify transactions that are passed through the general journal.

Exposition of new concepts;
Detailed discussion.

text book

New Inventor K.L.B. BK IV. Pg. 37-40

INFLATION

Introduction Consumer Price index

By the end of the lesson, the learner should be able to:


Define the terms inflation and deflation.
Define the term CPI.
Compute CPI.

Guided discussion and computations.

Newspaper cuttings & relevant magazines.

145-6

INFLATION

Simple and weighted price relatives.

By the end of the lesson, the learner should be able to:
Compute the price index using simple average of price relatives.
Compute the price index using the weighted average method.

Guided computations.

Supervised practice.

Price relative tables.

Pg. 147

INFLATION

Types of inflation. Causes of demand- pull inflation.

By the end of the lesson, the learner should be able to:
outline types of inflation.



Explain the term demand-pull inflation.
Explain causes of demand ?pull inflation.

Teacher exposes new concepts related to inflation types.

Expository and descriptive approaches.

Newspaper cuttings & relevant magazines.

Pg. 147-8


Pg. 149-150

INFLATION

Causes of cost- pull inflation.

By the end of the lesson, the learner should be able to:
Explain the concept of cost-pull inflation.
Explain the causes of cost-pull inflation.

Expository and descriptive approaches with probing questions.

Pg. 152

INFLATION

Levels of inflation & Effects of inflation on the economy of a country.
Controlling inflation.

By the end of the lesson, the learner should be able to:
Highlight various levels of inflation.
Outline positive and negative effects of inflation.

Probing questions;
Discussion..

Newspaper cuttings & relevant magazines.

Pg. 152-3,

154-6

INTERNATIONAL TRADE

Types of International Trade. Advantages and disadvantages of International Trade.

By the end of the lesson, the learner should be able to:



Distinguish bilateral trade from multilateral trade.


State advantages and disadvantages of International Trade.

Brainstorming and guided discussion.


Q/A & guided discussion

Newspaper cuttings & relevant magazines.

Pg. 163-4

INTERNATIONAL TRADE

Terms of International Trade.

By the end of the lesson, the learner should be able to:
Explain the concept terms of International Trade.
Distinguish favourable trade from unfavourable terms of trade.

Probing questions, brief discussion.

text book

Pg. 164-6

INTERNATIONAL TRADE

Terms of trade among different countries.

By the end of the lesson, the learner should be able to:
Account for differences in terms of terms of trade among nations.

Probing questions and guided discussion.

newspaper

Pg. 167-8