About SSS3 Book Keeping Scheme of Work
Book Keeping teaches students how to accurately record and manage financial transactions. It is about recording every financial transaction clearly and sorting them into categories. This helps individuals and businesses keep track of their money, understand where it’s going, and plan for the future.
For SSS3 students, mastering bookkeeping isn’t just about passing exams—it’s about gaining practical skills that can be applied in real life. In the WASSCE, students are tested on their understanding of things like ledger accounts, trial balances, cash books, and financial statements. These are the tools used to manage finances in businesses and organizations.
Studying bookkeeping using the Lagos state unified scheme of work helps students develop critical thinking and math skills. They learn to analyze financial data, make informed decisions based on it, and understand the importance of honesty and accuracy in financial reporting.
Assessment Guide
Book Keeping in SSS3 focuses on theoretical understanding and practical skills in managing inventory and documentation. WASSCE assessments evaluate students’ ability to apply bookkeeping principles, solve problems, and communicate effectively. Emphasis is placed on ethical considerations and the use of technology, preparing students for careers in business administration and supply chain management.
SSS3 First Term Scheme of Work for Book Keeping
| LAGOS STATE MINISTRY OF EDUCATION: UNIFIED SCHEMES OF WORK FOR SENIOR SECONDARY SCHOOLS | ||
| Bookkeeping Scheme of Work for Senior Secondary Schools 3(SSS3) | ||
| Class | S.S.S 3 | |
| Subject | Bookkeeping | |
| Term | First Term | |
| Week | Topic | Breakdown |
| THEME 5: CONTROL ACCOUNT | ||
| 1 | Control Account | 1. Definition of control account. 2. Explanation of the uses of control account. 3. Advantages of control account. |
| 2 | Sales ledger control account | 1. Definition of sales ledger control account 2. Terminologies: -bad debts -discount allowed -returns inwards -cash refund -dishonoured cheques -credit sales. 3. preparation of sales ledger control account. |
| 3 | Purchases ledger control account | 1. Meaning of purchases ledger control account. 2. Terminologies: -credit purchases -return outwards -cash/bank payment to creditor. -discount received 3. Preparation of purchases ledger control account. |
| 4 | Business organization | 1. Business organization 2. Types of business organizations: -sole proprietorship -partnership -joint stock companies. -co-operative societies. |
| 5 | Sole proprietorship | 1. Meaning of sole proprietorship. 2. Features of a sole proprietorship. 3. Advantages and disadvantages of a sole proprietorship |
| 6 | Partnership Account | 1. Meaning of partnership 2. Types of partnership 3. Identify partnership account terminologies: -drawings -partner salary -capital -interest on capital, etc. 4. Admission of a new partner and goodwill |
| 7 | Joint stock companies | 1. Meaning of joint stock company. 2. Features of a joint stock company. 3. Sources of capital. |
| 8 | Cooperative societies | 1. Explain a cooperative society. 2. State the features 3. Types of cooperative 4. Advantages and disadvantages. |
| 9 | Capital | 1. Definition of capital 2. Types of capital. 3. Importance of working capital. |
| 10 | Profits | 1. Meaning of profit 2. Types of profit 3. Prepares account on profits and loss |
| 11 | Revision | |
| 12 | Examination | |
SSS3 Second Term Scheme of Work for Book Keeping
| Term | Second Term | |
| Week | Topic | Breakdown |
| 1 | Business management | 1. Meaning of business. 2. Organizational chart. 3. Uses of organizational chart. |
| 2 | Types of organizational structure | 1. Identification of types of organizational structure. 2. Outline the advantages and disadvantages of organizational structure. |
| 3 | Authority power and responsibility in an organization | 1. Meaning of authority, power responsibility and accountability in a business management 2. Explanation of span of control. 3. Outline the factors determining span of control. |
| 4 | Importance of communication to a business | 1. Definition of communication. 2. Importance of communication. 3. Outline the forms of communication. |
| 5 | Introduction to marketing | 1. Definition of marketing. 2. Types of market 3. Market segmentation and types. |
| 6 | Functions of marketing | 1. Function of marketing. 2. Market research. |
| 7 | Marketing concept and mix | 1. Definition of marketing concept. 2. Function of marketing concept. 3. Element of marketing mix. 4. Market mix. |
| 8 | Forms of promotion in market | 1. Definition of promotion. 2. Forms of promotion. 3. Importance of each form of promotion. |
| 9 | Revision and Examination |
Achievement standards
At the end of SSS3, students can;
- Discuss business organization and outline the advantages and disadvantages of business organization;
- Define and discuss the operation of hire purchase and installment payment;
- Explain marketing and differentiate between products and services;
- Explain the manufacturing account and manufacturing account to the trading account;
- Explain the term, partnership and outline the features of partnership deeds;
- Discuss the uses of profit and loss in appropriate accounts.
