EMS Assessment Programme - Grade 9 2014

1 FORMAL Assessment Programme Grade 9 EMS 2014 . PORTFOLIO. TOPIC Assessment STANDARDS Assessment TASKS. PHASE 1 11 WEEKS IN 2014 . FINANCIAL LITERACY: Accounting Equation & Spreadsheet Service Business Cash Journal & General Ledger Task 1: Research (2 weeks Trial Balance (Date: 27 January 28 March). FINANCIAL LITERACY: Calculations on mark-up %. Cash transactions of Spreadsheet (Tool: Marking Memo). Trading Business Documents used in a trading business (2 weeks) New ledger accounts for a trading business Task 2: Control Test FINANCIAL LITERACY: Cash Journals (Date: 24 March 28 March). Cash Journals, General General Ledger Ledger and Trial Balance Trial Balance (Tool: Marking Memo). (3 weeks) Accounting Equation FINANCIAL LITERACY: Different ways of customers to buy on credit Credit Sales & Receipts The National Credit Act from Debtors Effect on Accounting Equation (3 weeks) Credit Sales transactions - DJ. Amounts received from credit customers PHASE 2 11 WEEKS IN 2014 .)

2 FINANCIAL LITERACY: Using a Debtors Ledger Posting to Debtor Ledger Preparing a Debtors List Task 3: Project & preparing Debtors Lists (Date: ). (3 weeks). (Tool: Rubric). FINANCIAL LITERACY: Effect on Accounting Equation Credit Purchases & Credit Purchases - CJ. Payment to Creditors Payments to suppliers (2 weeks) Task 4: June Examination FINANCIAL LITERACY: Using a Creditors Ledger Posting to Creditors Preparing a Creditors List (Date: 17 - 27 June). Ledger & preparing (Tool: Marking Memo). Creditors Lists (2 weeks). FINANCIAL LITERACY: Returns made by credit customers - DAJ. Debtors & Creditors Returns of credit purchases to suppliers CAJ. Returns and Allowances Effect on Accounting Equation (2 weeks). PHASE 3 13 WEEKS IN 2014 . The Way Forward & Career Options Financial Statements Financial Statements Task 5: Data Response (5 weeks) Income Statement /Report Balance Sheet (Date: ). Analysing & Interpreting Financial Statements THE ECONOMY: Economic Systems (Tool: Marking Memo).

3 Economic Systems Traditional System (1 week) Planned Economics Task 6: Control Test Market Economics Mixed Economics (Date: 15 19 September). Global Economy (Tool: Marking Memo). THE ECONOMY: The Participants in closed economy The Circular Flow in a Flow of goods and services Task 7: Final Examination Closed Economy Money & factor of production in the circular (1 week) flow of a closed economy (Date: 17 Oct 31 Oct ). THE ECONOMY: Law of demand & supply & graphical Price Theory illustrations of demand and supply (Tool: Marking Memo). (2 weeks) Equilibrium price and quantity Effect on changes in quantities demanded &. supplied THE ECONOMY: Concept of a trade union Trade Unions History of the development of trade unions (1 week) Roles & responsibilities of trade unions in SA. Effect on trade unions on business Contribution of trade unions to sustainable growth & development THE ECONOMY: Sectors of the Economy Sectors of the Economy Interrelationship between the three sectors (1 week) Sustainable use of resources in the three sectors Role of the three sectors in the economy Types of skills required in sector ENTREPRENEURSHIP: Functions of a business The Business Function Characteristics of the business functions (1 week) Role & importance of the business functions ENTREPRENEURSHIP: Importance of entrepreneurship in SA.

4 Business Plans Concept of business plan and its format and (1 week) components SWOT analysis Financial plan Fixed/Variable costs, break-even point PHASE 1 of 2015 5 WEEKS. FINANCIAL Simple and Compound Interest MATHEMATICS Hire Purchase Task 8: Phase 1 Test (4 weeks) VAT (Date: Exchange Rates 5 - 10 Dec 2015). (Tool: Marking Memo).