Lesson Plan

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Lesson Plan
Grade: Date: 18/01/2026
Subject: Accounting
Lesson Topic: understand and distinguish between issued, called-up and paid-up share capital
Learning Objective/s:
  • Describe the differences between issued, called‑up and paid‑up share capital.
  • Calculate issued, called‑up and paid‑up capital from given share data.
  • Analyse why a company may call up capital in stages and record the amounts on the balance sheet.
  • Apply the concepts to typical examination questions.
Materials Needed:
  • Projector or interactive whiteboard
  • Printed worksheet with share‑capital tables
  • Calculator for each student
  • Whiteboard and markers
  • Sample balance‑sheet handout
 Introduction:
Imagine a company launching a new product and needing cash from shareholders. Recall that share capital represents the equity raised from owners. Today you will differentiate issued, called‑up and paid‑up share capital and demonstrate how to compute each. Success will be shown by correctly answering the exit‑ticket problem.
Lesson Structure:
  1. Do‑now (5') – Quick quiz on basic share‑term terminology.
  2. Teacher input (10') – Present definitions, hierarchy diagram and key points.
  3. Guided practice (12') – Work through the illustrative example together, calculating issued, called‑up and paid‑up amounts.
  4. Independent practice (10') – Students complete worksheet questions; teacher circulates to support.
  5. Check for understanding (8') – Mini‑quiz/exit ticket: compute capital for a new scenario.
  6. Summary (5') – Recap key distinctions and where each figure appears on the balance sheet.
Conclusion:
We revisited the three types of share capital and practiced calculating each from real‑world data. Students now submit an exit ticket showing one complete calculation, and for homework they will finish the additional practice set in the textbook (section 5.3). This reinforces the concepts and prepares them for the upcoming exam question.