(Lifted from DM 32, s. 2019 – Financial Literacy Learning Resources)
“The Department of Education (DepEd) disseminated Financial Literacy Learning Resources consisting of videos and lesson guides through the DepEd Learning Resource Portal."
The learning resources focus on simple ways to save and manage one’s expenses. These were developed by the BDO Foundation (BDOF), in coordination with the Bangko Sentral ng Pilipinas (BSP) and DepEd. The development of these learning resources supports DepEd’s initiative to strengthen the integration of economic and financial literacy in basic education. The list of financial literacy learning resources with their title, learning area, grade level, competency code, and covered topics are provided. Everyone is encouraged to use the said learning resources for the training of teachers, and non-teaching personnel and for classroom instruction.
Objective
Curriculum Information
Education Type
K to 12
Grade Level
Grade 12
Learning Area
Content/Topic
Lesson 2: Implementing A Simple Business (IB)
Intended Users
Educators
Competencies
Implement the business plan;
Operate the business;
Sell the product/service to potential customers;
Identify the reasons for keeping business records;
Perform key bookkeeping tasks;
Interpret financial statements (balance sheet, income statement, cash flow projections, and summary of sales and cash receipts);
Prepare an income statement and a balance sheet;
Identify where there is a profit or loss for a business; and
Generate an overall report on the activity.
