Second Term Lesson Note for Week Three.
Class : JSS 2
Subject : Business Studies
Topic : Book Keeping Ethics
Duration : 40 Minutes
Period : Single Period
Reference Book :
Business Studies for Junior Secondary School, JSS 2.
Lagos State Unified schemes of work for Junior Secondary School, JSS 1 – 3.
Online Resources
Instructional Material : Chart showing the book keeping ethics.
Learning Objectives : By the end of the lesson learners will be able to :
i. Explain Book keeping ethics (Corruption)
ii. Explain the concept TAP.
iii.
Content :
BOOK – KEEPING ETHICS
Corruption is everywhere, it is a universal problem and everybody wants to eradicate it.
The concept of TAP came about because of this reason.
T – Transparency.
A – Accountability
P – Probity.
T – Transparency means to be clear, easily understood or quality of being truthful or without a hidden agenda. It also means being honest and trustworthy.
A – Accountability means to be responsible for any action that takes place. That is someone is answerable for his/her action and responsible to rectify issue and errors resulting from decisions.
Accountability means being able to gives a reason or explanation for an action you have taken.
P – Probity means to be upright and have high morals, integrity and to be very honest in your position, responsibility, money in your custody and your office.
Need for transparency, accountability and probability {TAP}.it is compulsory for the public and private sector to maintain transparency, accountability and probity in management because :
1. It promotes public integrity.
The rule of laws should be maintained.
Business should be done in a good way both by government and private sector.
2. It reduces the incidence of bribery and corruption in every field.
3. Good governance and good government should be maintained.
4. It encourages foreign direct investment, FDI.
5. It can reduce wastes tax payer’s money.
6. It can make the citizens of the Nigerian well informed about the action taken by the government.
ATTRIBUTE OF TAP:
Public, private and government and business most exhibit to be seen to be transparency, accountability and above board in their dealings :
- Truthfulness
- Openness
- Fairness
- Impartiality
- Due process
- Respect for the rules of laws.
LACK OF TAP / PROBLEM OF LACK OF TAP.
- Increased case of bribery.
- Embezzlement
- Diversion of public funds into private pockets.
- Poor infrasture – roads, water, and electricity will not be maintained
- Increased incidence of fraud.
Disregard for the rules of law. - Increased nepotism in Nigeria government operations.
- Tax payers, funds are wasted on thins not really needed.
- Perversion of the justice system.
- Lack of openness in one conduct of government
Evaluation :
1. Define Corruption
2. How can corruption be eradicated?
3. Briefly explain the meaning of TAP.
4. Mention four problems that may result due to lack of TAP
Conclusion : At the end of the lesson the students were able to answer the questions correctly. The Teacher marks their notes and makes necessary corrections.
ASSIGNMENT;
1. Explain these terms-
I. Transparency
II. Accountability
III. Probity
2. List the attributes of TAP.