School STA.

MONICA HIGH SCHOOL Grade Level 11

GRADES 1 TO 12 Teacher JOEY ALBERT L. AGNAS Learning Area Fundamentals of ABM1
DAILY LESSON LOG Teaching Dates and Time Dec 4 and 6 2019/ 8:30AM-10:40AM Quarter 3 / WEEK 5

Session 1 Session 2 Session 3 Session 4 Session 5

I. OBJECTIVES

A. Content Standards
B. Performance Standards
C. Learning Competencies/
Objectives(Write the LC code for
each)
The definition, nature, function, and history
of accounting
Cite specific examples in which accounting is
used in making business decisions.
narrate the history/origin of accounting
ABM_FABM11-Ia-4
the varied branches and areas of
accounting, particularly1. financial
accounting,2. management accounting,3.
Government accounting,4. Auditing,5. tax
accounting,6. cost accounting,7.
accounting education,8. accounting
research
1.make a list of business within the
community on the types of accounting
services they require
2. solve exercises in the identification of
the branches of accounting described
through the types of services rendered
1. differentiate the branches of
accounting
2. explain the kind/type of services
rendered in each of these branches
ABM_FABM11-Ia-5-6
the external and internal users of
financial information
solve exercises and problems on the
identification of users of information,
type of decisions to be made, and type
of information needed by the users
2. cite users of financial information
and identify whether they are external
or internal users.
1. define external users and gives
examples
2. define internal users and give
examples
3. Identify the type of decisions made
by each group of users
4. describe the type of information
needed by each group of users
ABM_FABM11-Ia-7-10
the various forms of business organization, as follows:
1. sole / single
proprietorship
2. partnership
3. corporation
4. cooperatives
1. differentiate the forms of business organization in
terms of nature of ownership
2. make a list of existing business entities in their
community and identify the form of business
organization
1.differentiate the forms of business organization
2. identify the advantages and disadvantages of each
form ABM_FABM11-Ia-11-12

II.CONTENT 1. Introduction to Accounting 2. Branches of Accounting Users of Accounting Information 4. Forms of Business Organization

IV. LEARNING RESOURCES

A. References
1.Teacher’s Guide pages FUNDAMENTALS OF ABM 1 page 12 Page 12-18 Page 12-18 Page 12-18
2.Learner’s Material pages
3.Textbook pages
4.Additional Materials from
Learning Resource (LR) portal
B. Other Learning Resources
V. PROCEDURES

A. Reviewing previous lesson or  Greetings  Greetings  Greetings  Greetings

 Attendance  Attendance  Attendance  Attendance
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 Session 1 Session 2 Session 3 Session 4 Session 5
presenting the new lesson  Review of the functions of accounting  Review of the History of Accounting  Review of the Branches of Accounting  Review of the users of Accounting

B. Establishing a purpose for the
lesson
C. Presenting examples/instances
of the new lesson
Ask two-three students to narrate the history
of him/her.
Presenting the history of accounting
Group the students into eight groups and
have a draw lot about branches of
accounting. And let the group discuss
their knowledge about the branches with
the class the braches of accounting
assigned to them
Ask the students if they want to add
something about their classmates
presentation
Group the students into two groups
and ask them to discuss the internal
and external users of the accounting
information
Give additional information about the
users of accounting.
Ask the students to enumerate business entity they
are familiar with.
Divide the business entities given by the students
according to the forms of business organization

D. Discussing new concepts and
practicing new skills #1
E. Discussing new concepts and
practicing new skills #2
Discuss accounting in the: Give additional information regarding the Discuss why those users need Introduce the forms of business organization:
a. Primitive age branches of accounting, i,e, what are the accounting information. a. sole proprietorship
b. Middle age purpose of each branches? And the b. partnership
c. Industrial Revolution services rendered by each branches? c. corporation
d. Information age

F. Developing mastery
(Leads to Formative Assessment 3)

G. Finding practical applications of In what branch of accounting do you to be Let the students realized on how they Why do you think we need to be aware of the history
inclined with and why? can asses a company based on the of accounting before we move forward to the basic
concepts and skills in daily
different perspective of the users. concepts of accounting?
living

H. Making generalizations and
abstractions about the lesson
I. Evaluating learning
Group the students to four, divide them the
historic stages of accounting and present it
with the class.
Identify when did the following important
events in the history of accounting occur?
1. development of more formal account
keeping method. –middle ages
2. Double-entry records first appeared in
Genoa in 1340 A.D. –Middle ages
3. Development of the corporate form of
organization. The growths of corporation
spurred the development of accounting. –
Industrial Revolution
4.The advent of Internet, along with its
promising prospects of doing business online
or E-commerce will surely bring about
another metamorphosis in the field of
accounting –Information Age
5. The tokens were often sealed in clay balls,
What are the branches of accounting and Who are the users of accounting Forms Owners capital Liability
the type of the services each branches information and why they need the SP 1 Small Unlimited
being offered? information? P 2 or Medium Limited/unlimited
more
C 5-15 large limited
Determine the branches of accounting 1. Define Internal users and external In your own words differentiate the three basic forms
being shown in the following statement. users. of business organization.
1. focused on the recording of business 2. give examples of both
transactions and the periodic preparation (pen and paper exam?
of reports on the financial position and 3. identify what is their main concern
results of operation.-financial accounting. about accounting information.
2.concerned with the identification of
sources and uses of resources consistent
with the provisions of city, municipality,
provincial and national laws.-government
accounting.
3. includes preparation of tax returns and
the considerations of tax consequences.
Taxation
4.incorporates cost accounting data and
adapts them for specific decisions which
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J. Additional activities for
application or remediation
Session 1
called bollae, which were broken on delivery
so the shipment could be checked against the
invoice.-Primitive age
Make a research on the on the branches of
accounting
Session 2 Session 3 Session 4 Session 5
management may be called upon to
make.-management accounting
5.mechanical task involving the collection
of basic financial data.-bookkeeping
Who are the users of accounting Make a research on the forms of Make a research on the types of business according
information? business organization and examples of to activities and examples of each type.
those.

VI. REMARKS Fabm 1 is taken two (2) times a week by the learners with two (2) hours per meeting.
VII. REFLECTION
A. No. of learners who earned 80% in
the evaluation.
B. No. of learners who require
additional activities for remediation
who scored below 80%
C. Did the remedial lesson work? No.
of learners who have caught up
with the lesson.
D. No. of learners who continue to
require remediation
E. Which of my teaching strategies
worked well? Why did these work?
F. What difficulties did I encounter
which my principal or supervisor
can help me solve?
G. What innovation or localized
materials did I use/ discover which
I wish to share with other
teachers?
PREPARED BY: CHECKED BY: APPROVED BY:

JOEY ALBERT L. AGNAS GLAIZA A. SERADOR JABEL ANTHONY L. NUÑALA

TEACHER SHS COORDINATOR HT III- OIC

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