• Standard 1: Financial Analysis

    Knowledge

    Targets

     

    “What I need to know!”

    I can explain the nature of  balance sheets

    I know the definition of the following terms:

    *    Liabilities

    *   Assets

    *    Balance Sheet

    *   Current Assets

    *    Fixed Assets

    *   Current Liabilities

    *    Long-term liabilities

    *   Equity

    *    Income Statement

    *   Gross Sales

    *    Net Sales

    *   Cost of Goods Sold

    *    Gross Profit

    *   Operating Expense

    *    Variable Expense

    *   Fixed Expense

    *    Liquidity Ratio

    *   Profitability Ratio

    *    Cash Flow Statement

     

    Reasoning

    Targets

     

    “What I can do with what I know.”

    *      Determine the Cost of Goods Sold (COGS) using the value of inventory at the beginning of the period with perpetual inventory reports at the end of the period.

    *      Determine or clarify the meaning of unknown and multiple-meaning words and phrases by using context clues, analyzing meaningful word parts, and consulting general and specialized reference

    *      Describe the nature of income statements

    Skills

    Targets

     

    “What I can demonstrate.”

    *      I can analyze financial reports and make suggestions to management how to improve the financial management of the SBE.-

    Product

    Targets

     

    “What I can make to show my learning.”

    *      I can prove adherence to the performance indicators within the financial analysis unit through documentation of work in the SBE.  Prepare cash flow statements

    *      Interpret financial statements

    *      Maintain financial records

    *      Prepare cash flow statements

    o                    Cash Flows from Operating Activities

    o                    Cash Flows from Investing Activities

    o                    Cash Flows from Financing Activities

    *       

    Common Core Standards

    ENGLISH:  RESEARCH TO BUILD AND PRESENT KNOWLEDGE

    *      Use technology, including the Internet, to produce and publish writing and to interact and collaborate with others.

    *      Conduct short as well as more sustained research projects based on focused questions demonstrating understanding of the subject under investigation

    *      Gather relevant information from multiple print and digital sources, access the credibility and accuracy of each source, and integrate the information while avoiding plagiarism.

    *      Demonstrate command of the conventions of standard English capitalization, punctuation, and spelling when writing.

    Vocabulary Acquisition and Use

    *      Determine or clarify the meaning of unknown and multiple-meaning words and phrases by using context clues, analyzing meaningful word parts, and consulting general and specialized reference materials, as appropriate.

    *      Demonstrate understanding of figurative language, work relationships, and nuances in word meanings.

    *      Acquire and use accurately a range of general academic and domain-specific words and phrases sufficient for reading, writing, speaking, and listening at the college and career readiness level; demonstrate independence in gathering vocabulary knowledge when considering a word or phrase important to comprehension or expression.