Zimbabwe Form 4 Curriculum - Accounts (Elective)

This curriculum is designed to equip learners with accounting skills, concepts, and principles applicable to various business enterprises. It emphasizes practical application and aims to foster self-reliance and good business ethics. The curriculum integrates cross-cutting themes like enterprise, ICT, financial literacy, teamwork, and gender equity.

Form 4 Topics:

• Financial Statements and Error Correction: Analyze the effect of errors on profit, make adjustments, and prepare revised financial statements.
• Accounting Ratios: Calculate and apply profitability and liquidity ratios for analysis and determining missing figures.
• Single Entry and Incomplete Records: Define terms, calculate opening/closing capital, determine missing figures, and prepare financial statements.
• Non-Profit Organizations: Determine income sources, deduce missing figures, prepare trading and subscription accounts, and create income/expenditure statements and financial position statements.
• Manufacturing Accounts: Define and classify manufacturing costs, prepare manufacturing accounts and income statements, and draft financial position statements.
• Partnerships: Define partnerships, explain formation reasons, outline partnership agreements, prepare appropriation, current, and capital accounts, and create financial position statements.
• Company Accounts: Define company account terms, outline capital structure components, explain company formation advantages, prepare statements of changes in equity, and draft financial position statements (capital structure extract).
• Business Ethics: Define, identify, explain, and apply business ethics principles in daily transactions.

Assessment:

The assessment comprises continuous and summative evaluations. Continuous assessment includes theory tests, practical assignments, and projects. Summative assessment involves two papers: Paper 1 (multiple-choice questions) and Paper 2 (structured questions).