Tuesday, 15 June 2021

Not for profit organizations, features, accounts maintained etc.

 NOT FOR PROFIT ORGANIZATIONS

On the basis of profit making, organizations can be classified into two;

1. Profit making organization

2. Not for profit organization

NOT FOR PROFIT ORGANIZATION

These are organizations which are not meant for making profits. Their main aim is to render services. 

Eg: Charitable institutions, Arts and sports club, Libraries etc.

FEATURES OF NOT FOR PROFIT ORGANISATIONS

  • A not for profit organization do not seek profit.
  • Their main aim is to render services.
  • Their main source of income is through donations, subscriptions etc.
  • Most of the NPO's are exempted from tax.
  • The surplus is not shared amongst the members.
  • They keep income and expenditure account and balance sheet as financial statements.
  • They also maintain a capital fund.
  • Their affairs are managed by executive committee elected by its members.

FINAL ACCOUNTS OF NOT FOR PROFIT ORGANISATIONS

  1. Receipts and payments account
  2. Income and expenditure account
  3. Balance sheet

1. RECEIPTS AND PAYMENTS ACCOUNT

It is a real account prepared at the end of the accounting year to record the cash transactions occurred in a not for profit organization.

FEATURES OF RECEIPTS AND PAYMENTS ACCOUNT

  • It is a summary of cash book.
  • Only cash transactions are recorded.
  • It is debited with all cash receipts.
  • It is credited with all cash payments.
  • It records all cash transactions irrespective of the period in which they occurred.
  • It records cash transactions in the current year, previous year and succeeding year.
  • It records cash transactions of recurring(revenue) and non-recurring(capital) nature.

2. INCOME AND EXPENDITURE ACCOUNT

It is a nominal account prepared to ascertain surplus or deficit in a not for profit organization.

SURPLUS: It is the excess of income over expenditure.

DEFICIT: It is the excess of expenditure over income.

FEATURES OF INCOME AND EXPENDITURE ACCOUNT

  • It is like a profit and loss account.
  • Non cash items are recorded.
  • It is debited with expenses and losses.
  • It is credited with incomes and gains.
  • It records incomes and expenses of current year only.
  • It records only revenue items.

3. BALANCE SHEET

A balance sheet is prepared to show the financial statements of the organization.

FEATURES OF BALANCE SHEET
  • It is a financial statement.
  • It summarizes the assets, liabilities and capital fund as on a particular date.
  • it helps to analyze the financial position of an organization.

Tuesday, 31 January 2017

Innovative lesson plan

Name of the student teacher      :       Karthika B Nair
Name of the institution              :       GHSS, Kamaleswaram
Subject                                       :       Business Studies
Unit                                            :       Business Services
Topic                                          :       Transportation
Class                     :           XI
Strength                :   
Average age          :            16
Duration                :            40 minutes
Date                      :

Content outline
Content analysis
Terms


Facts




















Concept

Curricular objectives




Pre-requisites

Teaching-learning resources



Teaching-learning strategies

References
Transportation- meaning, types, benefits

Transportation, transport, hindrance, roadway, railway, airway, waterways.
  • Transportation refers to physical movement of goods from one place to another.
  • It helps in removing the hindrance of place in the exchange of goods and services.
  • It creates place utility.
  • The common means of transportation used for trade are roadways, railways, airways, water ways etc.
  • Efficient transportation reduces the cost of production and distribution.
  • It increases variety in consumption which helps to improve standard of living.
  • It facilitates foreign and international trade.
  • It widens market.
  • It provides employment to people.
  • It helps to stabilize price by moving the goods where there is excess supply to where there is scarce.
Transport helps in moving the hindrance of place in the exchange of goods and services.

The students will be able to understand the term ‘transportation’ and they will be able to identify and explain the different modes of transportation.

It is assumed that students should have an idea about the term ‘transportation’.
  • Pictures
  • Chart
  • White board
  • Activity cards
  • Mimicry performed by students
  • General discussion
  • Group discussion
  • Plus one SCERT business studies text book
  • Plus one business studies text book, KGC Nair
  • SCERT teachers source book



Classroom interaction procedure
Student response
After the routine classroom practices, the teacher starts the class.
Phase I: Introductory phase
Teacher asks the students that whether there is someone in the class who knows mimicry.
Activity I: Performing mimicry
Teacher gave the selected students a situation to perform.
Mimic the sound of auto rickshaw, aero plane, train and boat.

Teacher asks the other students to identify the sound of each.
Thus there are different modes of transportation.
Teacher then discuss the meaning and modes of transportation using white board.

TRANSPORTATION
It refers to physical movement of goods from one place to another.

Modes of transport
  1. Roadways
  2. Railways
  3. Airways
  4. Water ways


Phase II: Developmental phase
Activity I: Illustration of pictures
Teacher shows the pictures of different modes of transportation and asks them to identify the mode of transport.
Activity II: Group discussion
Teacher divides the class into six groups and selects a leader from each group and gives them the topic for discussion.
Suppose you are a business men dealing with textiles. Do you think that transportation important in your business? Give any five reasons for your answer.

After discussion, teacher asks the students of each group to read their answers. Teachers appreciate the students and discuss the topic using a chart.
Benefits of transportation
  • It removes the hindrance of place.
  • It creates place utility.
  • It helps in the production and distribution of goods.
  • It helps in cost reduction.
  • It helps to increase standard of living.
  • It facilitates foreign and internal trade.
  • It provides employment.


Phase III: Concluding phase
Teacher concludes the class by revising the topic, clarifying doubts and asking questions.
Concept to be consolidated
  1. Transportation- meaning
  2. Types
  3. Benefits


Review questions
  1. What do you mean by transportation?
  2. Which are the different types of transportation?
  3. What are the benefits of transportation?

Follow up activity
Prepare a power point presentation to show the different modes of transportation and find the features of each type.







Hands on experience

HANDS ON EXPERIENCE

Introduction


Educational system around the world is under increasing pressure to use the new Information and Communication Technologies to teach students the knowledge and skills they need in the 21st century. Through computers the use of multimedia has created novel modes of learning and greatly contributed to the restructuring of instructional environment in schools. The sophistication of multimedia technologies nowadays give a great challenge to educators in order to continuously play significant roles in the borderless globalization of information era. This challenge should not be regarded as a threat but should be accepted as a great reward to education world, which is able to produce an amazing result if the tools are used correctly and wisely.
Education is the starting point of every human development. Education is a light that shows mankind the right direction to surge. If education fails to inculcate self- discipline and commitment to achieve in the minds of student, it is not totally their fault.  The educators play an important role in making the learning process interesting and enjoyable. Learning process has to generate interest in the students and motivate them to stay back in the institution than to run away from it. Education should become a fun and thrill to them rather than burden and boredom. The purpose of education is not just making a student literate but adds rational thinking, knowledge ability, and self-sufficiency. In order to achieve this purpose, effective and innovative teaching and learning methods are vital. Today’s students are much more media-centric than previous generation ,that’s why the use of multimedia in classroom cannot be denied anymore.
If we want to continuously grab students attention, we must make them happy to learn and create an exciting learning environment, we need to follow the current and not against it. Most students are not only auditory or visual learners, but also multi-sensory learners. Multimedia has the ability to capture the attention of the learner because it addresses a variety of learning styles. Today’s students expect to use digital media devices in their daily lives, so these devices, or similar media technology, should be woven seamlessly into their classroom experiences.

MEANING
Hands-on experience means, knowledge or skill that someone gets from doing something rather than just reading about it or seeing it being done.

1)      COMPUTER
Computers have become the life line of young generation. The present generation students like to embrace all the things in the ambit of this modern technology. It looks as if technology had been with the children since birth, especially computers been an integral part of child’s life and personality.
A classroom computer can be defined as any electronic device that allows students to access the internet to research, create, and complete work. This means that a laptop or tablet can also be categorized as a classroom computer.
Role of Computers in Education
v  Teaching Learning process
·         Instructions:
o    Instructing the students using PowerPoint slides, Word documents or Web pages and using hyperlinks for better concept clarity.
o    Helps in improving pronunciation of students by using microphones, headphones, speakers, specially prepared software and special dedicated websites.
o    Video conferencing, chat and email helps in better communication, hence better concept clarity.
o    The concept of E-tutor give access to teachers instantly and give teachers a better chance to earn.
o    Current syllabus can be viewed through website of the concerned school board; made available to students if teacher has made a website and uploaded using Internet; and updating- using web could be done easily.
o    Inspiring students to express their imagination using Paint Brush
o    Encouraging the students to surf web pages and gather relevant detailed information through web pages.
o    Readymade software could give practice material to students
·         Learning:
o   Collecting notes /pictures/videos from web pages for detailed information and projects/assignments.
o   Saving the documents as soft copy for future use
o   Learning through animations, as they are much near to the students
o   E-books/online libraries/online encyclopedias help to guide in minutes and save precious time and resources.
o   Creating videos using images, albums for better power point slides.
o   Simulated Learning gives them an idea of the real situation.
o   Publication of pamphlet/brochures for awareness with institution and among community members.
v  Testing and Evaluation process
    • Keeping records of students for their academic scores
    • Keeping records in relation to personal history
    • Creating question bank for students
    • Using computers for testing by asking questions from question bank
    • Online Testing and Evaluation
    • Analysis and interpretation of the data
    • Previous year Question papers and sample papers using web sites.
v  Guidance purposes
    • With reference to collective records of the students maintained year wise, stored in computers
    • Testing for aptitude, interest, psychology using computer data bases and internet.
Benefits
  • ·         The ability to provide more engaging activities for students
  • ·         Can be an incredibly effective teaching tool
  • ·         Computer software uses scientifically-assisted educational research.
  • ·         Motivating factor
  • ·         Fast communication through internet
  • ·         Co operative learning
  • ·         Locating research materials through internet
  • ·         Encourages peer to peer learning
  • ·         Visual illustration makes learning easier
  • ·         Personalize learning
  • ·         Reduce on the amount of text books students carry to school
Disadvantages
  • ·         Expensive
  • ·         Creates distractions in the classroom
  • ·         Poor writing skills

2)      LCD
An LCD projector is a type for displaying video, images or computer data on a screen or other flat surface. To display images,) projectors typically send light from through a  or series of  that separates light to panels – one each for the red, green and blue components of the video signal. As polarized light passes through the panels (combination of polarizer, LCD panel and analyzer), individual pixels can be opened to allow light to pass or closed to block the light. The combination of open and closed pixels can produce a wide range of colors and shades in the projected image.
Role of LCD projectors
The impact of a presentation made using multimedia is always greater than the impact made by a simple speech. LCD projectors are very useful while interacting with a large group. The presentations made can be projected on to a big screen. This will help every participant to view information on the screen without any problem. Many teachers find chalkboards to be almost a thing of the past with the advent of projectors in the classroom. Rather than writing notes across a board, teachers can make use of PowerPoint presentations, images and even film as teaching tools through the use of projectors. Consequently, teachers and students alike find projectors to be useful classroom devices.
Advantages
  •               Easier Note Taking 
  •               Greater Teaching Versatility
  •               Better Use of Class Time 
  •               Better Student Presentations
  •               More energy efficient
Disadvantages
·         Light Can Play Spoilsport
·         Costly Maintenance

3)      MULTIMEDIA
The term multimedia by definition means ‘more than one media’. It  is the combination of various digital media, into an integrated multi-sensory interactive application or presentation to convey information to an audience.
Role Of Multimedia in Teaching-Learning
  • Multi-media approach in teaching and learning is psychologically sound.
  • Variety and newness of the media motivate the students for learning both at the preparation and participation stages and promote learning.
  • Students profit from recreational activities like pictures, charts, posters, models, stories and plays, accounts of travels and musical productions.
  • Multi-media approach in teaching and learning is essential for the effective realization of learning objectives.
  • It also provides Learning environment in which students take active part in the learning process.
  • Multi-media approach in teaching and learning is learner-centered in the sense that it can accommodate learner’s needs and interests.
  • The variety and flexibility of multi-media offer the opportunity to adopt any media combination for use in individualized instruction.
  • Various types of media like computer, television, video cassettes, video discs etc, can be of great value in supplementing and enriching the class-room instruction.
  • Media like audio cassettes and CD’s enable the learners to receive any given information according to their own convenient time

Benefits
  • Enriches teachers creativity
  • Leads to multi-sensory students learning
  • Offers a lot of fun and interest  in learning process
  • User friendly
  • It reaches all the senses
  • Increases efficiency of students
  • Increases students motivation
  • Facilitates active learning
  • Facilitates experimental learning
  • It leads to better learning
  • It is consistent with student centered learning

Disadvantages
  • Expensive
  • Depends upon the material teacher creates
  • Role of the teacher shifts from instructor to facilitator


4)      THE INTERACTIVE WHITEBOARD
An interactive whiteboard is a touch-sensitive screen that works in conjunction with a computer and a projector. The first interactive whiteboard was manufactured by SMART Technologies Inc. in1991. Educators were the first people to recognize the interactive whiteboard’s potential as a tool for collaboration, improving student learning outcomes and streamlining lesson planning.

Role of an  interactive whiteboard
  • Manipulating text and images
  • Making notes in digital ink
  • Saving notes for later review by using e-mail, the Web or print
  • Viewing websites as a group
  • Demonstrating or using software at the front of a room without being tied to a computer
  • Creating digital lesson activities with templates, images and multimedia
  • Writing notes over educational video clips
  • Using presentation tools that are included with the White boarding software to enhance learning materials
  • Showcasing student presentations


Advantages
·         Visualizing
·         Time-saving
·         Motivation
·         Efficient education
·         Interesting
·         Rich content
·         It provides convenience
Disadvantages
·         Technical problems, lack of infrastructure,
·         Time wasting,
·         It tires the eyes and causes headaches.
·         Usage out of purpose
·         Software deficiency,
·         It requires preparation,
·         The touch screen does not work well.

 Conclusion
Technology is changing the classroom experience. Information and Communication Technology has made many innovations in teaching and learning process in order to accommodate challenging student’s needs. Consequently, we need to have interactive teaching and learning tools in order to ensure the learning outcomes to be achieved. Educators need to take up the challenge by equipping with multimedia skills to enhance students’ study interest. By using a mixed of multimedia tools in teaching and learning process, we can be able to change students’ mindset towards a subject and they enjoy learning and feel motivated to participate in class room activities. Multimedia enabled teaching is able to transform dry, plain and even difficult subjects into enjoyable and thrilling ones. It depends on the respective teacher how to apply innovative and creative teaching methods in order to accommodate digital student’s needs in this borderless world. The most important thing is that we need to unlock our creativity in order to be creative.

Life Skills

LIFE SKILLS

The term Life Skills refers to the skills we need to make the most out of life. Life skills are usually associated with managing and living a better quality of life. They help us to accomplish our ambitions and live to our full potential .Any skill that is useful in our life can be considered as a life skill. According to World Health Organization (WHO) Life skills have been defined as “abilities for adaptive and positive behavior that enable individuals to deal effectively with the demands and challenges of everyday life”.

 1. Self-awareness

It includes recognition of self, our character, our strengths and weaknesses, desires and dislikes. Creating self-awareness can help adolescents recognize when they are under stress or feel pressured. Self-awareness is often a prerequisite to effective communication and interpersonal relations, as well as for developing empathy with others.
2.  Empathy
Empathy is the ability to imagine what life is like for another person. To have a successful relationship with our loved ones and society at large, it is important that we, during our adolescent years, learn to understand and care about other peoples’ needs, desires and feelings. Empathy can help adolescents accept others who may be very different from them. This can improve their social interactions; not just in peer group interactions in classroom settings but also later in life, in situations of ethnic or cultural diversity.

3. Critical thinking
It is an ability to analyze information and experiences in an objective manner. Critical thinking can contribute by helping the adolescent to recognize and assess the factors that influence attitudes and behavior, such as values, peer pressure and the media.

4. Creative thinking
It is a novel way of seeing or doing things that is characteristic of four components – fluency (generating new ideas), flexibility (shifting perspective easily), originality (conceiving of something new), and elaboration (building on other ideas).

5. Decision making
It is a skill that can help an adolescent deal constructively with decisions about their lives. Young adults can learn to assess the different options available to them, and consider what effects these different decisions are likely to have.

6.  Problem solving 
It helps in empowering the adolescent to look at a problem objectively, the different options for solutions and would help them come to a solution after weighing the pros and cons of the different options available.

7. Interpersonal relationship skills
 It helps the adolescents relate in positive ways with people they interact with in their everyday lives. This may entail being able to make and keep friendly relationships, maintaining good relations with family members and also being able to end relationships constructively.

8. Effective communication
It means helping the adolescents express themselves, both verbally and non-verbally, in ways that are appropriate to cultures and situations. This means being able to express opinions, desires, needs and fears and also includes the ability of being able to ask for advice and help in a time of need.

9. Coping with stress
It is the life skill which means recognizing the sources of stress in their lives, recognizing how this affects them, and acting in ways that help them control their levels of stress, learning positive coping styles and replacing passive with active coping mechanisms. This may include changing their environment or lifestyle, and learning how to relax.
10. Coping with emotions

 It includes recognizing emotions within themselves and others, being aware of how emotions influence behavior, and being able to respond to emotions appropriately. A important aspect of this skill is learning to manage intense emotions like anger or sadness that can have negative effects on our health if we do not respond appropriately.