OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Republic of the Philippines

TARLAC STATE UNIVERSITY
Office of the Vice President for Academic Affairs
College of Business and Accountancy
Department: Accountancy

VISION Tarlac State University is envisioned to be a premier university in Asia and the Pacific.

Tarlac State University commits to promote and sustain the offering of quality and programs in higher and advanced education
ensuring equitable access to education for people empowerment, professional development, and global competitiveness.

Towards this end, TSU shall:

MISSION 1. Provide high quality instruction trough qualified, competent and adequately trained faculty members and support staff.
2. Be a premier research institution by enhancing research undertakings in the fields of technology and sciences and
strengthening collaboration with local and international institutions.
3. Be a champion in community development by strengthening partnership with public and private organizations and
individuals.

E – xcellence
Q - uality
CORE VALUES U - nity
I - ntegrity
T - rust in God, Transparency & True Commitment
Y - earning for Global Competitiveness

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Program Goals

To produce competent and ethical professional accountants, with an attitude of “learning to learn,” capable of adapting to change, and providing relevant contributions to the
profession and society in which they work.

Program Outcomes

GRADUATE should be able to:

1. Resolve business issues and problems with a global and strategic perspective using knowledge and technical proficiency in the areas of financial accounting and
reporting, cost accounting and management, accounting and control, taxation, and accounting information systems;
2.Conduct Accountancy/Accounting Information System research through independent studies of relevant literature and appropriate use of accounting theory and
methodologies;
3. Employ technology as a business tool in capturing financial and non-financial information, generating reports and making decisions;
4. Apply knowledge and skills to successfully respond to various type of assessments; and (including professional licensure and certifications); and
5. Confidently maintain a commitment to good corporate citizenship, social responsibility and ethical practice in performing functions as an accountant.

Course Name Business Accounting (BUS ACCTG)

Course Credits 6 units
Course Description This course provides an introduction to accounting, within the context of business and business decisions. The course will discuss basic
understanding of the principles and concepts of accounting as well as their applicability and relevance in the national context and learn how to
use various types of accounting information found in financial statements and annual reports. Emphasis is placed on understanding the reasons
underlying basic accounting concepts and providing students with an adequate background on the recording, classification, and summarization
functions of accounting to enable them to appreciate the varied uses of accounting data both for service and merchandising business.
Contact Hours/ week 6 hours
Prerequisite For Non-ABM Track Senior High School Graduate
Course Outcomes A After completing this course, STUDENTS MUST HAVE DEMONSTRATED
1. Familiarity with the purpose, nature, functions, objectives, principles and standards of accounting and its relation to business organization.
2. Knowledge on identifying and recording basic business transactions of sole proprietorship based on GAAP.
3. Understanding of basic accounts used by sole proprietorship based on the presentation requirement of GAAP.
4. Competence in solving and computing basic accounting problems on sole proprietorship based on the measurement requirements of GAAP and
ultimately preparing basic Financial Statements of a sole proprietorship business.

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

COURSE OUTLINE AND TIMEFRAME

Course Content/Subject Matter
Week 1 - 2 A. Basic Accounting Concepts, Standards and Principles
Week 2 - 5 B. Analyzing and Recording of Business Transaction – Service Business
Week 5 - 7 C. Adjustments - Service Business
Week 7 - 8 D. Completing the Accounting Cycle – Service Business
Week 9 MID-TERM EXAMINATION
Week 10 - 12 E. Recording merchandising business transactions
Week 13 - 14 F. Recording transactions in special journals
Week 15 - 16 G. Adjustments and completing the accounting cycle – Merchandising business
Week 17 H. Introduction to Manufacturing Operations
Week 18 FINAL EXAMINATION

Alignment of Course Outcomes with Summative Assessment Tasks

Course Objectives Summative Assessment Details

Task
Familiarity with the nature, purpose, concepts, Poll Questioning during To measure the attentiveness of the students while listening to the discussion of the teacher online, poll
principles and standards in accounting. Lecture questions will be flashed to the screen. The questions shall be answered by the students to know if they
Discussion are actually listening or not. This can be done usually under synchronous learning.
(Use of) Knowledge on identifying and
recording/recognition of basic business Oral Exercises can be done on a scheduled basis or by surprise relating to topic at hand or topic to be
transactions of sole proprietorship based on Oral Exercises discussed as diagnostic assessment for student before discussion.
Generally Accepted Accounting Principles
(GAAP). Portfolio Journal for work Portfolio journal will be used for the work exercises assigned to the students, either synchronous or
exercises asynchronous, which include but not limited to problem solving, theoretical applications and organization
Understanding of the recognition, presentation, or business scenarios or case studies. A practice set is fit for basic accounting. This is effective in
classification of accounts based on GAAP. assessing the deeper understanding of the students on the topic.

Competence in solving and computing basic Formative Examinations Patterned to the Licensure Examination of Certified Public Accountants (LECPA), the traditional way of
accounting problems based on the assessing students earned knowledge is through the conduct of the formative and summative

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

presentation, classification and reporting Summative Examinations examinations. Formative examinations will be conducted per topic or group of related topics. While
requirements of GAAP and ultimately, in summative examinations are divided into two, midterm examination and final term examination. It can be
preparing basic financial statements of a sole done either through the traditional proctored pen and paper test (if permitted by circumstances) or
proprietorship. automated examinations with the use of technology or electronic media websites and various application
for test measurements (if face to face is not allowed). To achieve the outcomes expected from the
accounting graduates, the formative and summative assessments can be done in multiple choice
questions, true or false, essay, problem solving, creating financial statements, working papers or reports,
and the likes.

LEARNING PLAN

Flexible Teaching and

Course Content/Subject Assessment of Time
Desired Learning Outcomes (DLOs) Textbooks/References Learning Activities Resource Materials
Matter Tasks (ATs) Table
(FTLAs)
Explain the role of the students, the Introduction to Blended/ TSU Code Online Discussion of the Poll Questioning LMS and other Week 1
faculty and the TSU administration in the Flexible Learning as Student Manual pertinent preliminaries in (Optional - educational platforms
conduct of blended/ flexible learning. applied to Tertiary College Code the conduct of Bonus Points) (MS Teams, Zoom,
Education. Various TSU Memo blended/flexible learning Facebook, etc.)
i. Students Role and Guidelines in the as applied to Tertiary
ii. Instructors Role conduct of blended / Education.
iii. TSU Administration flexible learning.
Role

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Define and explain the purpose, nature, A. Basic Accounting Win Ballada, “Basic Use of online lecture Attendance Internet connection Week 1
functions, scope, cycle and objectives of Concepts and Financial Accounting (Slides, Videos and Online -2
accounting and its relation to business Principles and Reporting.” 2019 discussion) Poll Questioning Electronic device
organization. • Definition, basic 22 Edition during Lecture
concepts and Use of poll questioning Discussion LMS and other
Define and explain basic accounting purpose of Cabrera, Ma. Elenita during lecture discussion educational platforms
principles Accounting Balatbat; Cabrera, Oral Exercises (MS Teams, Zoom,
• Basic/Fundamental Gilbert Anthony B. 2019 Use of scheduled and Facebook, etc.)
Understand the Accountancy Act of Accounting unannounced oral Portfolio Journal
2004 Principles Manuel, Zenaida Vera exercises for work Portfolio Journal
• Accountancy Act of Cruz, “Fundamentals of exercises
Enumerate and differentiate the users 2004 Accounting Part 1.” Use of case study and Video Links
of financial accounting information • Types of Business 2019 related articles Formative
Firms Examinations Slides
• Users of Financial Garcia, Mojar, Gemanil, Use of work exercises
Accounting “Basic Accounting such as theoretical Summative
Information Concepts and application and problem Examinations
Procedures” 2006e solving

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Define and explain the concept of the B. Analyzing and Win Ballada, “Basic Use of online lecture Attendance Internet connection Week 2
double-entry system of accounting, Recording of Financial Accounting (Slides, Videos and Online -5
including the rules of debit and credit. Business and Reporting.” 2019 discussion) Poll Questioning Electronic device
Transaction – 22 Edition during Lecture
Identify and record basic business Service Business Use of poll questioning Discussion LMS and other
transactions of sole proprietorship • Elements of Financial Cabrera, Ma. Elenita during lecture discussion educational platforms
engaged in service business based on Statements Balatbat; Cabrera, Oral Exercises (MS Teams, Zoom,
GAAP. • The Account and Gilbert Anthony B. 2019 Use of scheduled and Facebook, etc.)
Accounting Equation unannounced oral Portfolio Journal
Solve and compute basic accounting • The Double Entry Manuel, Zenaida Vera exercises for work Portfolio Journal
problems of sole proprietorship System Cruz, “Fundamentals of exercises
engaged in service business based on • Use of T-Accounts Accounting Part 1.” Use of case study and Video Links
the measurement requirements of • Transaction Analysis 2019 related articles Formative
GAAP. • Source Documents Examinations Slides
• The Books of Garcia, Mojar, Gemanil, Use of work exercises
Classify and report basic accounts in Accounts “Basic Accounting such as theoretical Summative
the general journal to the ledger Concepts and application and problem Examinations
• The Accounting Cycle
including a trial balance used by sole Procedures” 2006e solving
- Identification of
proprietorship engaged in service
Events
business based on the presentation
- Journalizing/Reco
requirement of GAAP.
gnition of
Transactions
Prepare a basic trial balance.
- Posting to the
Ledger
- Preparation of
Trial Balance

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Define and explain the concept of the C. Adjustments - Win Ballada, “Basic Use of online lecture Attendance Internet connection Week 5 -
accrual basis of accounting based on Service Business Financial Accounting (Slides, Videos and 7
GAAP. and Reporting.” 2019 Online discussion) Poll Questioning Electronic device
• Accrual-basis 22 Edition during Lecture
Identify and record basic business accounting Use of poll questioning Discussion LMS and other
transactions involving accruals of sole • Adjustments for Cabrera, Ma. Elenita during lecture discussion educational platforms
proprietorship engaged in service prepayments, accruals Balatbat; Cabrera, Oral Exercises (MS Teams, Zoom,
business based on GAAP. uncollectible accounts, Gilbert Anthony B. 2019 Use of scheduled and Facebook, etc.)
depreciation. unannounced oral Portfolio Journal
Solve and compute basic accrual • Preparation of Manuel, Zenaida Vera exercises for work Portfolio Journal
accounting problems of sole adjusted trial balance Cruz, “Fundamentals of exercises
proprietorship engaged in service Accounting Part 1.” Use of case study and Video Links
business based on the measurement 2019 related articles Formative
requirements of GAAP. Examinations Slides
Garcia, Mojar, Gemanil, Use of work exercises
Classify and report basic accrual “Basic Accounting such as theoretical Summative
accounts in an adjusted trial balance Concepts and application and problem Examinations
used by sole proprietorship engaged in Procedures” 2006e solving
service business based on the
presentation requirement of GAAP.
Define and explain the procedures D. Completing the Win Ballada, “Basic Use of online lecture Attendance Internet connection Week 7 -
undertaken in completing the Accounting Cycle – Financial Accounting (Slides, Videos and 8
accounting cycle and its relevance to Service Business and Reporting.” 2019 Online discussion) Poll Questioning Electronic device
the preparation of the financial 22 Edition during Lecture
statements. • Preparation of Use of poll questioning Discussion LMS and other
accounting Cabrera, Ma. Elenita during lecture discussion educational platforms
Identify and record adjusting entries worksheet Balatbat; Cabrera, Oral Exercises (MS Teams, Zoom,
made on appropriate subsidiary ledgers • Journalizing and Gilbert Anthony B. 2019 Use of scheduled and Facebook, etc.)
and working papers. posting adjusting unannounced oral Portfolio Journal
Solve and compute basic accounting entries Manuel, Zenaida Vera exercises for work Portfolio Journal
problems on preparing financial • Preparation of Cruz, “Fundamentals of exercises
statements. Financial Statement Accounting Part 1.” Use of case study and Video Links
• Journalizing and 2019 related articles Formative
Journalize and post closing entries posting closing Examinations Slides
entries.

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Prepare post closing trial balance. • Preparing the post - Garcia, Mojar, Gemanil, Use of work exercises Summative
closing Trial-Balance “Basic Accounting such as theoretical Examinations
Journalize and post reversing entries. • Preparing the Concepts and application and problem
reversing entries Procedures” 2006e solving
Prepare basic financial statements of a
sole proprietorship engaged in service
business based on the GAAP.
MIDTERM EXAMINATION Week 9
Define and explain the purpose, nature, E. Recording Win Ballada, “Basic Use of online lecture Attendance Internet connection Week 10
functions and scope and basic merchandising Financial Accounting (Slides, Videos and - 12
accounting of a merchandising business business and Reporting.” 2019 Online discussion) Poll Questioning Electronic device
transactions 22 Edition during Lecture
Identify and record basic business Use of poll questioning Discussion LMS and other
transactions of sole proprietorship • Merchandising Cabrera, Ma. Elenita during lecture discussion educational platforms
engaged in merchandising business Operations Balatbat; Cabrera, Oral Exercises (MS Teams, Zoom,
based on GAAP • Recording Gilbert Anthony B. 2019 Use of scheduled and Facebook, etc.)
merchandising unannounced oral Portfolio Journal
Solve and compute basic accounting business transaction Manuel, Zenaida Vera exercises for work Portfolio Journal
problems of sole proprietorship Cruz, “Fundamentals of exercises
engaged in merchandising business Accounting Part 1.” Use of case study and Video Links
based on the measurement 2019 related articles Formative
requirements of GAAP Examinations Slides
Garcia, Mojar, Gemanil, Use of work exercises
Classify and report basic accounts in a “Basic Accounting such as theoretical Summative
trial balance used by sole proprietorship Concepts and application and problem Examinations
engaged in merchandising business Procedures” 2006e solving
based on the presentation requirement
of GAAP
Define and explain the purpose, nature, F. Recording Win Ballada, “Basic Use of online lecture Attendance Internet connection Week 13
functions, scope and basic accounting transactions in Financial Accounting (Slides, Videos and - 14
process of special journals special journals and Reporting.” 2019 Online discussion) Poll Questioning Electronic device
22 Edition during Lecture
Identify and record basic business • Nature and use of Use of poll questioning Discussion LMS and other
transactions in special journals of sole control accounts and during lecture discussion educational platforms
proprietorship engaged in subsidiary ledgers Oral Exercises

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

merchandising business based on • Types of special Cabrera, Ma. Elenita Use of scheduled and (MS Teams, Zoom,
GAAP journals Balatbat; Cabrera, unannounced oral Portfolio Journal Facebook, etc.)
• Recording Gilbert Anthony B. 2019 exercises for work
Solve and compute basic accounting transactions in the exercises and Portfolio Journal
problems of sole proprietorship special journals, Manuel, Zenaida Vera Use of case study and Practice Set
engaged in merchandising business general journal and Cruz, “Fundamentals of related articles Video Links
based on the measurement subsidiary ledgers Accounting Part 1.” Formative
requirements of GAAP 2019 Use of work exercises Examinations Slides
Start of Practice Set such as theoretical
Classify and report basic accounts in a Garcia, Mojar, Gemanil, application and problem Summative
special journal used by sole “Basic Accounting solving Examinations
proprietorship engaged in Concepts and
merchandising business based on the Procedures” 2006e
presentation requirement of GAAP

Define and explain different inventory G. Adjustments and Win Ballada, “Basic Use of online lecture Attendance Internet connection Week 15
systems used by a merchandising completing the Financial Accounting (Slides, Videos and - 16
business. accounting cycle – and Reporting.” 2019 Online discussion) Poll Questioning Electronic device
Merchandising 22 Edition during Lecture
Identify and record differences in business Use of poll questioning Discussion LMS and other
inventory systems used by a Cabrera, Ma. Elenita during lecture discussion educational platforms
merchandising business. • Inventory Systems Balatbat; Cabrera, Oral Exercises (MS Teams, Zoom,
• Worksheet Gilbert Anthony B. 2019 Use of scheduled and Facebook, etc.)
Solve and compute basic accounting preparation unannounced oral Portfolio Journal
problems on preparing financial • Preparation of Manuel, Zenaida Vera exercises for work Portfolio Journal
statements Financial Statements Cruz, “Fundamentals of exercises and
Accounting Part 1.” Use of case study and Practice Set Video Links
Classify and report basic accounts in 2019 related articles
preparing financial statements used by Formative Slides
sole proprietorship engaged in Garcia, Mojar, Gemanil, Use of work exercises Examinations
merchandising business based on the “Basic Accounting such as theoretical
presentation requirement of GAAP Concepts and application and problem Summative
Procedures” 2006e solving Examinations
Prepare basic financial statements of a
sole proprietorship engaged

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

merchandising business based on the

GAAP

H. Introduction to Win Ballada, “Basic Use of online lecture Attendance Int Internet Week 17
Define and explain the purpose, nature, Manufacturing Financial Accounting (Slides, Videos and connection
functions and scope and basic Operations and Reporting.” 2019 Online discussion) Poll Questioning
accounting of a manufacturing business 22 Edition during Lecture Electronic device
• Transactions related Use of poll questioning Discussion
Solve and compute basic accounting to the manufacturing Cabrera, Ma. Elenita during lecture discussion LMS and other
problems on preparing financial process Balatbat; Cabrera, Oral Exercises educational platforms
statements • Elements of Gilbert Anthony B. 2019 Use of scheduled and (MS Teams, Zoom,
manufacturing costs unannounced oral Portfolio Journal Facebook, etc.)
Classify and report basic accounts in • Preparation of basic Manuel, Zenaida Vera exercises for work
preparing financial statements used by financial statements Cruz, “Fundamentals of exercises Portfolio Journal
sole proprietorship engaged in of a manufacturing Accounting Part 1.” Use of case study and
manufacturing business based on the enterprise 2019 related articles Formative Video Links
presentation requirement of GAAP Examinations
Garcia, Mojar, Gemanil, Use of work exercises Slides
Prepare basic financial statements of a “Basic Accounting such as theoretical Summative
sole proprietorship engaged Concepts and application and problem Examinations
manufacturing business based on the Procedures” 2006e solving
GAAP

FINALTERM EXAMINATION Week 18

Suggested Readings Textbooks and References:

and References
• Win Ballada, “Basic Financial Accounting and Reporting.” 2019 22Edition
• Cabrera, Ma. Elenita Balatbat; Cabrera, Gilbert Anthony B. 2019
• Manuel, Zenaida Vera Cruz, “Fundamentals of Accounting Part 1.” 2019
• Garcia, Mojar, Gemanil, “Basic Accounting Concepts and Procedures” 2006e

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Course
Requirements
Grading STUDENT PERFORMANCE EVALUATION Weight Grade Equivalenc Description Remarks Grade Equivalence Description Remarks
e
System 1.00 98-100 % Excellent Passed 3.00 75% Passing Passed
Poll Questioning, Work exercise, and Oral / 20%
Written Exercises
Formative Examinations 40% 1.25 95-97 Excellent Passed 3.50 75-78% C. Failure C. Failure

Summative Examinations 40% 1.50 92-94 Very Good Passed 4.00 71-74% C. Failure C. Failure

TOTAL 100% 1.75 89-91 Very Good Passed 5.00 Failed Failure Failed

2.00 86-89 Good Passed DRP Dropped Dropped Dropped

Credit Grade (Final Grade) = (Midterm Grade + Final 2.25 83-85 Good Passed INC Incomplete Incomplete Incomplete
Term Grade) / 2
2.50 80-81 Good Passed UD Unofficially Failure Failed
Dropped
Abide by the BSA Retention Policy to qualify for BS 2.75 78-79 Satisfactory Passed
Accountancy Program.

The passing percentage for online teaching and

learning assessment differs from the limited face-to-
face assessment.

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 OBTL Plan BUS ACCTG - Business Accounting (For Non-ABM)

Policies Online/ Flexible Teaching and Learning:

1. Microsoft Teams will be used as the primary platform in every class; thus, all students are advised to download and install the aforementioned application.
Just go to office.com. and login using your @student.tsu.edu.ph account, choose Teams from the list of applications, from there your enrolled subjects will
appear;
2. To uphold delivery of quality instruction, the class may also use added online platforms and applications like Zoom Cloud Meeting, FB Messenger, Telegram
and the like.
3. There are specific periods or schedules wherein synchronous learning shall be required. The student shall be ready as such to attend the said scheduled
meeting and make the necessary adjustments to be able to attend and be present.
4. Plagiarism in case of copyrighted articles is strictly prohibited and direct copying of classmates work will be sanctioned by not accumulating any points, both
on the part of the two or more parties involved.
5. Required output such as the Portfolio Journal for work exercises shall be submitted on the scheduled time stipulated or announced by the instructor in charge.
Failure to do so will render your portfolio non admissible for grading purposes.

Course Title: AY/Term of Effectively: Prepared by: Reviewed by:

Business Accounting (for AY: 2022-2023 DR. DERICK S. FIGUEROA, CPA

Non-ABM) BSA Department Chairperson
1st SEMESTER PROF. GRACE T. LIM, CPA
Faculty
DR. HENRY D. RUFINO, CPA
BSAIS Chairperson / Associate Dean, CBA

Recommending Approval:

DR. JHONEL C. PANLILIO, CPA

Dean, College of Business and Accountancy

Approved:

DR. AGNES M. MACARAEG

Vice President for Academic Affairs

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