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SS1 Third Term Financial Accounting Lesson Notes

Four free notes, in teaching order, from Introduction to Depreciation of Fixed Assets to Bank Reconciliation Statement. Read them online, or get a PDF or Word copy.

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The term, one note at a time

Start at note 1 and work down. Each note opens with its objectives and ends with evaluation questions and an assignment.

  1. Introduction to Depreciation of Fixed AssetsNote 1 of 4

    Introduction to Depreciation of Fixed Assets

    Students should be able to define depreciation.

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  2. Methods of DepreciationNote 2 of 4

    Methods of Depreciation

    Students should be able to list the methods of providing for depreciation.

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  3. Departmental AccountsNote 3 of 4

    Departmental Accounts

    Students should be able to explain the meaning of departmental accounts.

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  1. Bank Reconciliation StatementNote 4 of 4

    Bank Reconciliation Statement

    Students should be able to define a Bank Statement and state its uses.

    Read this note

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About SS1 Third Term Financial Accounting Lesson Notes

These are the four SS1 Third Term Financial Accounting topics, in teaching order. The first note covers Introduction to Depreciation of Fixed Assets and the last covers Bank Reconciliation Statement.

What students learn this term
  • Define depreciation
  • List the methods of providing for depreciation
  • Explain the meaning of departmental accounts
  • Define a Bank Statement and state its uses
Recommended SS1 Financial Accounting textbooks
NameAuthorPublisher
Essential Financial Accounting for Senior Secondary SchoolsAnambra State Govt (Ministry of Education)Edition: Latest edition (per Konga)R.A. Ibrahim & R.A. KazeemNot stated in source
Simplified and Amplified Financial Accounting Book 1School booklist – International School, University of Ibadan (UI-owned)Femi LongeTonad Publishers
Book-keeping and Accounting Vol. 1 & 2School booklist – Whitesands School, Lagos (private)Frank WoodLongman
Hidden Facts in Financial AccountingSchool booklist – International School, University of Ibadan (UI-owned)Otumudia Publishers Ltd

Questions teachers ask about SS1 Third Term Financial Accounting

How many SS1 Third Term Financial Accounting lesson notes are there?

There are 4 notes, from Introduction to Depreciation of Fixed Assets to Bank Reconciliation Statement. When a new note is published, this page and this number update on their own.

What topics do the notes cover?

Introduction to Depreciation of Fixed Assets, Methods of Depreciation, Departmental Accounts and Bank Reconciliation Statement.

Can I download the notes as a PDF or Word file?

Yes. Sign in with Google or Facebook, then choose the term at checkout. A PDF or Word copy of SS1 Financial Accounting for the Third Term costs ₦1,000.

Can I edit the notes to suit my class?

Yes. Use the Word copy to change anything you like, or print the PDF as it is. Either way there is no retyping.

What does each note contain?

Every note has behavioural objectives, the lesson content in short sections, evaluation questions and an assignment, so you can teach from it and set work straight away.

Is there a cheaper way to get all three terms?

Yes. All three terms of SS1 Financial Accounting cost ₦2,000 instead of ₦3,000, a saving of ₦1,000.

Do I need an account to read the notes?

No. Every note is free to read without an account. You only sign in when you want to buy a download.

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