9 Accounting Lesson Plans for Middle School, High School, and Business Ed
Are you in need of some fresh accounting lesson plans for middle or high school?
I'll be the first to admit that accounting is not my favorite subject. And I'm sure that's true for a lot of your students, too.
But the fact of the matter is...it's gotta be done! Not only is it in your state standards and in NBEA standards, it's really important information for your students to understand.
At some point in their lives, your students are going to need some basic understanding of accounting. But does it have to be so utterly boring? NO! Read on to find information on some great accounting lessons to engage your students:
Middle School Accounting Lessons
If you are a middle school business education teacher, accounting is most likely on your radar... but you don't need anything too in-depth. Finding lessons and activities to introduce your students to the basics of accounting can be tough. I understand, since I spent some time looking for resources to share with you! While I wasn't able to find a ton, here are some that you could use as a starting point:
1. Basic Accounting Lesson Plans from Money Instructor
Money Instructor was one of the first websites I found that had some real lesson plans and ideas for teaching students about accounting.
While some of the lessons are pretty advanced, you would definitely get some use out of the first few lessons for your middle school students: Basic Accounting and Bookkeeping Lessons
2. Accounting Lessons and Resources from Teachers Pay Teachers
Another great website for finding lesson plans, activities, and worksheets is Teachers Pay Teachers.
It's a community where real teachers share, sell, and buy resources from each other. I did a little digging and found that there are some resources to teach basic accounting to middle school students: Middle School Accounting Teaching Resources from Teachers Pay Teachers
High School Accounting Activities and Lessons
There are two kinds of high school teachers looking for accounting lessons and activities: an Introduction to Business teacher and an Accounting teacher.
Because someone who teaches a full-year course will need some pretty in-depth and robust information, the accounting activities and lessons I'll share here will be more useful to the first type of course.
3. Money Instructor (Yes them, again!)
Even for a high school business course, the lessons provided by Money Instructor are a great starting point.
Because you aren't teaching a full year course, I think you'll find these lessons have just the right amount of detail: Basic Accounting and Bookeeping Lessons
4. Tonya Skinner's Business Education Lessons
Tonya Skinner is a high school business education teacher that also dedicates her time to sharing lesson and activity ideas with other teachers.
She has a website filled with great resources, including some accounting lessons and activities. Check them out: Tonya Skinner's Accounting Lesson Plans and Activities
5. High School Accounting Lessons from Teachers Pay Teachers
Teachers Pay Teachers also has some resources more geared for high school business courses.
While you may see some cross-over in the content for middle school, many of the resources could still be valuable for you: High School Accounting Activities from Teachers Pay Teachers
Business Ed Accounting Activities and Lessons
In working with thousands of business education teachers across the United States, we know that scraping together different resources and ideas to create a curriculum isn't fun... and it takes a lot of time.
Because we have seen so many teachers struggle to find and deliver appropriate lessons, we've included an Accounting module in Business&ITCenter21.
In the Accounting module students are introduced to business accounting basics.
They will learn the definition and purpose of accounting; transactions, accounts, debits and credits, and the accounting equation; the double-entry method; the accounting cycle; and financial analysis.
Students get to practice entering transactions in simulated exercises.
Specifically, they'll do all of that in these units:
6. Accounting Overview
This unit provides students with an overview of accounting.
They will learn what accounting is, how it is used to support a business, and who uses accounting information.
In addition, students learn about the accounting equation, debits, credits, transactions, and accounts.
They will have the opportunity to determine whether transactions are debits or credits, and to what accounts these transactions belong.
Students will also learn and practice the double-entry method.
7. Accounting Cycle
This unit introduces students to the seven-step accounting cycle: source documents, journal entries, ledger or T-accounts, trial balances, adjusted trial balances, financial statements, and closing entries.
Students will practice all of the skills presented in each lesson.
8. Financial Analysis
Students learn how the financial information covered in previous accounting units is used to perform a financial analysis of a business.
They learn that a financial analysis supports owners, managers, and stakeholders in making decisions about the business.
Students have the opportunity to evaluate financial analysis information and make business decisions based on that information.
9. Accounting Project
As if all of that isn't enough, a project sure seems like the icing on the accounting cake.
So we created one for you and your students. It is a hands-on project where students use Microsoft Excel to perform several steps in the accounting cycle.
This project reinforces concepts covered in the first three units and is the perfect way to finish up the module.
More specifically, in the Accounting Project, students take on the role of a part-time accountant for a small pet shop called Sparky's.
The students' job is to help Sparky's get their accounting books back in order.
The students download an Excel workbook that is used to perform tasks such as journal entries, a trial balance, completing financial statements, and closing entries.
Where to go from here with your business lessons
I hope you found the resources shared here helpful in your endeavor to find some interesting accounting lessons for your students!
If you need help in engaging your students when teaching other business topics, this article could be just what you need: Master Your High School Business Curriculum by Keeping Classes Relevant and Engaging