Page 61 - Accountancy for Advanced Secondary Schools Teachers Guide Form Five

Specific teaching techniques:
Internet and library search: Guide the students in groups to search
relevant materials and use them to describe the meaning, types,
terminologies used in accounting for royalties. Then, apply gallery
FOR ONLINE READING ONLY
walk for each group to present their findings.
Problem solving: Provide relevant problems/questions that will enable
students in groups prepare royalty accounts.

Debate: Guide students to debate on royalties accounting.

Case studies: Provide case studies for royalty agreements of natural
resources or intellectual properties.

Scenario: Provide a scenario that involves royalties’ transactions to
enable students compute the minimum rent, short workings and be able
to prepare ledger accounts in the books of the lessor and the lessee.

Teaching Guide
Teaching royalty accounting involves addressing several key issues to
ensure students understand the principles, methods, and regulations
associated with accounting for royalties.

Things to consider when students are attempting activity 6.1

Activity 6.1
As a teacher, you can help your students effectively approach and
complete the activity on royalty agreements by providing clear
instructions, resources, and ongoing support. Here is a step-by-step
guide on how you can assist your students:

1. Introduction and context setting: Begin by explaining the context
of the assignment by asking the student to discuss Kamachumu’s
situation as an aspiring songwriter offered a royalty agreement and
highlight the importance of understanding royalties in the music
and entertainment industry.

Teacher’s Guide Form Five
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