Lesson Plan

• Describe how accounting records, summarises and interprets financial data for users.
• Identify the key users of accounting information and the specific data they require.
• Explain how financial performance, liquidity and efficiency indicators support monitoring of business progress.
• Apply the planning‑control‑evaluation cycle to a simple decision‑making scenario.
• Analyse a basic profit‑margin calculation and relate it to pricing decisions.

• Projector and screen
• Whiteboard and markers
• Printed handout of the user‑information table
• Calculator worksheets for profit‑margin and ratio calculations
• Sample case study cards (product‑line, supplier, equipment decisions)
• Exit‑ticket slips

Begin with a quick poll: “What information would you need before buying a new phone?” Connect responses to the idea that businesses also need reliable data. Review briefly that accounting turns raw numbers into useful information. State that by the end of the lesson students will be able to explain how this information helps monitor performance and guide decisions.

1. Do‑Now (5'): Students complete a short worksheet matching users (owners, managers, etc.) to the information they need.
2. Mini‑lecture (10'): Present the purpose of accounting and the user table, highlighting monitoring indicators.
3. Guided practice (12'): Calculate profit margin using the provided formula; discuss interpretation.
4. Group activity (15'): Case‑study cards – each group works through a decision (e.g., new product line) using planning, control, evaluation steps; record findings on a worksheet.
5. Class debrief (8'): Groups share results; teacher clarifies misconceptions and links back to monitoring‑decision cycle.
6. Check for understanding (5'): Quick quiz via Kahoot or show of hands on key concepts.

Summarise how accounting provides the evidence needed to track performance and make informed choices. Students complete an exit ticket stating one way accounting can help a manager decide on a new supplier. Assign homework: read the textbook section on budgeting and prepare a short paragraph on how a budget supports monitoring.