SS3 Accounting Lesson Note (First Term) 2025


Many Tutors have searched online for the approved and updated first term lesson note for SS3 Accounting for 2025 but are still yet to get their hands laid on reasonable material. This post contains the complete Accounting first term lesson note for SS3 students. If you are a parents, guardian or Tutor, this piece of vital information is for you. Here you will get all you need to know as a tutor, all the required topics and objective of the first term lesson note for Accounting for SS3 students.


Please note that the first term lesson note is curled out from the government approved scheme of work for Senior Secondary school. So you can do your verification as well and compare the first term lesson note for SS3 Accounting as seen on the free PDF file made available towards the end of this post.

The SS3 Accounting lesson note for first term is in line with the 2025 SS3 Accounting scheme of work for the term. This means the SS3 Accounting lesson note is tailored towards achieving the aim and objective for the subject as mandated by the ministry of education.

Below is The Accounting Scheme of work from which the Accounting SS3 first term lesson note was drafted from:

WEEKSTOPICS
1REVISION
2Preparation of company income statement
3Appropriation account of a company – Goodwill preliminary expenses, reserves, dividend, bonuses
4Company balance sheet – vertical and ‘T’ formats
5Capital markets

– Meaning, reasons for regulation, types of regulation, condition of enlisting in capital market

6Security and exchange commission

– Functions, objectives, protection of investors, tools of regulation, registration, surveillance and monitoring, investations, enforcement, rule making

7Nigeria Stock Exchange

– Definition, functions, operations

– Members (jobbers, brokers etc)

– Abuja stock/commodity exchange

8Hire purchase/instalment payment account

– Sellers and hirers ledger

– Goods account, finance house

– Hire purchase account/interest account

9.Consignment Account

– Meaning, terminologies (Decredere commission)

– Consignor and consignee accounts

– Accounting entries in the books of the consignee

10Joint Venture

– Meaning, differences between joint venture and partnership

– Joint venture (individual account)

– Joint venture memorandum account

11REVISION
12EXAMINATION

BEHAVIORAL OBJECTIVES:

At the end of the lesson, the students should be able to understand and answer the following questions:

  • Preparation of company income statement
  • Appropriation account of a company
  • Company balance sheet – vertical and ‘T’ formats
  • Capital markets

 

  • Security and exchange commission
  • Nigeria Stock Exchange
  • Hire purchase/instalment payment account
  • Consignment Account
  • Joint Venture

The above are what is expected of a SS3 student to know and be able to understand with ease. The SS3 Accounting first term lesson note here is aided with images so it makes it easier not just for the students but for the teachers too.

I have made the SS3 Accounting first term lesson note available in a PDF format for free download without any extra cost as this would ease the passage of knowledge from teachers to students without hinderances. It is a my little way of giving back to the educational sector where I belong.

All you need do is click the download button below to get the PDF file of the Accounting first term lesson note for first term.

SS3 Accounting First Term Lesson Note 2025

To get the updated SS3 Accounting first term lesson note for 2025 please see the download button below. You can save to your personal device so it can be accessed anytime.

DOWNLOADSS3 IST TERM Account PDF File

I hope the above has helped? Please feel free to ask questions as regards the government approved SS3 Accounting first term lesson note for 2025 if you have any and I will be glad to assist.

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