1 ST.

VINCENT COLLEGE OF CABUYAO

Mamatid, City of Cabuyao, Laguna

OUTCOMES-BASED COURSE SYLLABUS

Course Name Fundamentals of Accountancy, Business and Management

Course Credits 3 units
Course Description This is an introductory course in accounting, business, and management data analysis that will develop students’ appreciation of accounting as a
language of business and an understanding of basic accounting concepts and principles that will help them analyze business transactions.

Contact Hours/Week 3 hours

Prerequisites none
Course Outcomes Knowledge: 1. Be familiar with the principles of Accountancy, Business and Management.
2. Identify the accounting concepts and principles.
Skill: 3. Use a variety of strategy for business transactions.
Value: 4. Appreciate the importance of accounting in daily living.
COURSE OUTLINE AND TIME FRAME
Course Content/ Subject Matter
Week 1 Introduction to Accounting
Week 2 Branches of Accounting
Weeks 3 Users of Accounting Information
Weeks 4 Forms of Business Organizations
Week 5 Preliminary Examination
Weeks 6-7 Types of Business According to Activities
Weeks 8-9 Accounting Concepts and Principles
Week 10 Midterm Examination
Weeks 11-12 The Accounting Equation
Weeks 13-14 Types of Major Accounts
Week 15 Pre-Final Examination
Weeks 16-17 Books of Accounts
Week 18 Final Examination
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COURSE REQUIREMENTS: 1. Regular quizzes

2. Performance
3. Reflection Papers
4. Exams

GRADING SYSTEM: Quizzes – 25%

Recitation/ Oral Presentation – 15%
Project (Reflection Papers) – 15%
Behavior – (10%)
Exams– (35%)

LEARNING PLAN

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

1. Introduction to The learners demonstrate an The learners shall be able to… The learners… define ABM_FABM11-
Accounting understanding of… cite 1. accounting IIIa-1
specific examples in 2. describe the nature of ABM_FABM11-
the definition, nature, de which accounting is used in making accounting IIIa-2
function, and history of business cisions
accounting 3. explain the functions of ABM_FABM11-
accounting in business IIIa-3
4. narrate the history/origin ABM_FABM11-
of accounting IIIa-4
2. Branches of the varied branches and areas 1. make a list of business within the 1.
Accounting of accounting, particularly community on the types of
differentiate the branches ABM_FABM11-
1. financial accounting accounting services they require
of accounting IIIa-5
2. management accounting 2. solve exercises in the identification
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3. government accounting of the branches of accounting 2.

4. auditing described through the types of
tax accounting services rendered explain the kind/type of
5. ABM_FABM11-
services rendered in each
6. cost accounting IIIa-6
of these branches
7. accounting education
8. accounting research
the external and internal users 1. solve exercises and problems on the 1.
define external users and ABM_FABM11-
of financial information identification of users of
3. Users of Accounting gives examples IIIa-7
information, type of decisions to be
Information
made, and type of information 2.
needed by the users define internal users and ABM_FABM11-
give examples IIIa-8
2. cite users of financial information

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

and identify whether they are 3. identify the type of

ABM_FABM11-
external or internal users decisions made by
IIIa-9
each group of users
4. describe the type of
ABM_FABM11-
information needed by
IIIa-10
each group of users
4. Forms of Business the various forms of business 1. differentiate the forms of business 1.
Organizations organization, as follows: organization in terms of nature of differentiate the forms of ABM_FABM11-
1. sole / single ownership make a list of existing business organization IIIb-11
proprietorship 2. business entities in their community
2. partnership and identify the form of business
2. identify the advantages
3. corporation organization ABM_FABM11-
and disadvantages of each
IIIb-12
4. cooperatives form
5. Types of Business the types of business 1. differentiate the types of business 1. compare and contrast the
ABM_FABM11-
According to according to activities, according to activities types of business
IIIb-13
Activities particularly: according to activities
1. service business 2. make a list of businesses in 2. identify the advantages,
2. merchandising business their community according to disadvantages, and ABM_FABM11-
3. manufacturing business their activities business requirements of IIIb-14
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each type
6. Accounting Concepts accounting concepts and identify generally accepted accounting 1. explain the varied
ABM_FABM11-
and Principles principles principles accounting concepts and
IIIb-c-15
principles
2. solve exercises on
ABM_FABM11-
accounting principles as
IIIb-c-16
applied in various cases
7. The Accounting the accounting equation solve problems applying the accounting 1. illustrate the accounting ABM_FABM11-
Equation equation equation IIIb-c-17

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

2. perform operations
involving simple cases ABM_FABM11-
with the use of accounting IIIb-c-18
equation
8. Types of Major the five major accounts, define, identify, and classify accounts 1. discuss the five major ABM_FABM11-
Accounts namely, according to the five major types accounts IIId-e-19
1. assets 2. cite examples of each ABM_FABM11-
2. liabilities type of account IIId-e-20
3. capital 3. prepare a Chart of ABM_FABM11-
4. income Accounts IIId-e-21
5. expenses
9. Books of Accounts the two major types of books differentiate a journal from a ledger 1. identify the uses of the ABM_FABM11-
of accounts, namely, journal and identify the types of journals and two books of accounts IIIf-22
and ledger ledgers 2. illustrate the format of a
ABM_FABM11-
general and special
IIIf-23
journals
3. illustrate the format of a
ABM_FABM11-
general and subsidiary
IIIf-24
ledger
10. Business the business transactions and identify business and nonbusiness 1. describe the nature and ABM_FABM11-
Transactions and their analysis, to include transactions, enumerate the types of gives examples of IIIg-j-25
Their Analysis definition and nature of business documents, recite the rules of business transactions
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As Applied to the business transactions, types debit and credit, and apply these to 2. identify the different
ABM_FABM11-
Accounting Cycle of of source or business simple cases types of business
IIIg-j-26
a Service Business documents, and the rules of documents
a. Rules of debits and credits 3. analyze common
Debits and business transactions
Credits ABM_FABM11-
using the rules of debit
b. Journalizing IIIg-j-27
and credit
c.Posting

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

d. Preparation of 4. solve simple problems

a Trial Balance and exercises in the ABM_FABM11-
analyses of business IIIg-j-28
transaction
11. Business the accounting cycle of a identify business and nonbusiness 1. describes the nature of
ABM_FABM11- IVa-
Transactions and Their service business transactions, enumerate the types of transactions in a service
d-29
Analysis As Applied to business documents, recite the rules of business
the Accounting Cycle of a debit and credit, and apply these in 2. records transactions of
Service Business simple cases ABM_FABM11-
a service business in the
a. Adjusting Entries IVa-d -30
general journal
b. Adjusted Trial 3. posts transactions in the ABM_FABM11-
Balance ledger IVa-d -31
c. Preparation of
ABM_FABM11-
Basic Financial 4. prepares a trial balance
IVa-d -32
Statements
(Income 5. prepares adjusting ABM_FABM11-
Statement) entries IVa-d -33
6. complete the ABM_FABM11-
accounting cycle IVa-d -34
12. Accounting Cycle the accounting cycle of a prepare journal entries, post to the 1.
of a Merchandising merchandising business to ledger, prepare the trial balance,
Business include the following: worksheet, adjusting entries and describes the nature of
ABM_FABM11-
complete the accounting cycle of a transactions in a
IVe-j -35
merchandising business. merchandising business
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1. Journalizing of 2. records transactions of a

transactions using the merchandising business
general and special in the general and
journals, namely: sales special journals ABM_FABM11-
journal, purchase IVe-j-36
journal, cash receipts
journal and cash
payments journal

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

2. Posting to the ledger, 3. posts transactions in the

ABM_FABM11-
namely: general and general and subsidiary
IVe-j -37
subsidiary ledgers ledgers
3. Preparation of trial balance ABM_FABM11-
4. prepares a trial balance
4. Adjusting entries to include IVe-j -38
pre payments, accrual and 5. prepares adjusting ABM_FABM11-
deferral entries IVe-j -39
5. Worksheet preparation, and
6. Completing the accounting 6. completes the
ABM_FABM11-
cycle of a merchandising accounting cycle of a
IVe-j -40
business merchandising business

7. prepares the Statement of

ABM_FABM11-
Cost of Goods Sold and
IVe-j -41
Gross Profit

References:

Anastacio, Ma. Flordeliza. Fundamentals of Financial Management (with Industry Based Perspective).( Manila: Rex Book Store, 2011).
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Gilbertson, Claudia. Fundamentals of Accounting. 8th ed. (Australia: Cengage Learning, 2010).
Padillo, Nicanor, Jr. Financial Statements Preparation, Analysis and Interpretation. (Manila: GIC Enterprises, 2011).
Pefianco, Erlinda C. The Accounting Process: Principles and Problems. (Makati: Goodwill Trading, 1996).
Young, Felina C. Principles of Marketing. (Manila: Rex Book Store, 2008).

Expectations from students:

1. The students’ responsibility is to come to each class prepared to be able to participate in class discussion. He/ she is also expected to take all the examinations on the
scheduled date.
Academic Dishonesty
2. All students are expected to be academically honest. Cheating, plagiarism on submitted requirements, lying and other forms of unethical behavior will not be tolerated.
Waiver of absence/s noted by the Program Head must be presented upon reporting back to class. Special examination will be allowed only a week after the scheduled date.
Special case like prolonged illness will be given special schedule of examination provided that he/she presents medical certificate.
Policy on Absences
1. Only 2 consecutive days or 3 staggered days of absences is allowed.
2. It is the responsibility of the students to monitor his/her tardy incidents and absences that might accumulate leading to a grade of 5.
3. It is also his/her responsibility to see his/ her professor and Program Head should his/her case be of special nature.

SLIP OF UNDERSTANDING (SOU)

I have read the course syllabus and I understand that I have to comply with the requirements of the course and the expectations
from me as a student of __________________________________________during the _____ semester of AY _____________. I am
fully aware of the consequences of non-compliance with the above mentioned requirements and expectations.
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Prepared: Reviewed: Noted:

_____________________________ ________________________________ ______________________________