WELCOME TO

Lingayen
Technological
Institute,
Inc.
VISION
The Lingayen Technological Institute, Inc. as a technical-
vocational educational institute, with the assistance of selected
group of technicians, specialists and mechanical experts, aims
to the training of young men and women. Its vision is
consistent with the current thrust of the government on
economic empowerment through human resource training and
development. To accelerate our economic growth, specifically
to prepare for employment and alleviate poverty, this institution
provides for a training ground that surfaced the industries’
demand for competent middle-level manpower.
 MISSION
The Lingayen Technological Institute, Inc. is
committed in the development and training of the nation’s
manpower that matches the quantity and quality demanded
by business and industry in the field of mechanics, science
and technology. As such, Lingayen Technological Institute,
Inc. focuses mainly on the practical aspect, where more
time for hands-on is provided for the development of desired
competencies for increased productivity either for
employment or entrepreneurship. The trainees are
prepared so as to be equipped with the necessary
competencies which are standardized by the technical-
vocational industries.
What is competency-based training?
• 1. Training delivery approach that focuses on the
competency development of the learner as a result
of the training.
• 2. Emphasizes most on what the learner can
actually do
• 3. Focuses on the outcome rather than the learning
process on the specified time
• 4. It is concerned with the attainment and
application of knowledge, skills and attitude to a
specific levels of competency.
• * In CBT the education and training system should
begin and end with the costumer’s needs.
THE 10 PRINCIPLES OF CBT
 PRINCIPLE ONE

• The training is based on curriculum develop from

the competency standard

LEARNING IS BASED ON THE COMPETENCY-BASED

CURRICULUM

The Competency Based Curriculum (CBC) is

derived from the Competency Standards. It is a written
plan for structured series of learning experiences toward
achieving of competencies identified by the industry. It
details training methodologies required for both training
and assessment strategies.
.
 PRINCIPLE TWO
Learning is modular in structure

Unit of Competency

Module 1 Module 2 Module 3

 PRINCIPLE THREE
Training delivery is individualized and self paced.

Learning is done by the

learner at own paces
 PRINCIPLE FOUR
Training is based on work that must be
performed.

Learning is based on the

actual industry practice
 PRINCIPLE FIVE
Training materials are directly related to the
competency standards and the curriculum.

CS to CBC to CBLMs
 PRINCIPLE SIX
Assessment of learners is based in the collection
of evidences of work performance based on
industry required standard.

CBT
Traditional students are
Each student is assessed
judged against each other
against the evidences
(Norm referenced
based on the required
Assessment)
standards.
 PRINCIPLE SEVEN
Training is based both on and off the job
components.

Better learning with Industry

and School Partnership
 PRINCIPLE EIGHT
The system allows recognition of prior learning
(RPL)

Workers and students can

have prior skills recognized
 PRINCIPLE NINE

Training allows for multiple entry and exit

 PRINCIPLE TEN
Approved training programs are nationally
accredited

Training Programs are

registered with UTPRAS
Role of a Trainer
1. Motivator
2. Teacher
3. Facilitator
4. Role model
5. Assessor
Role of a Trainee
1. Trainees learn at their own rate within program guidelines.
They may speed up, slow down, stop or even repeat a task.
2. Trainees help develop personalized prescription for learning
worked hour cooperatively and based upon what the
students already knows, his preference for learning, learning
style and other needs.
3. Trainees decide when they are ready to perform each task or
demonstrate mastery of learning to a job-like level of
proficiency before receiving credit for the task.
4. Trainees are responsible for what they learn and when they
learn it.
 CBT Process Flow

Review learning
Trainee enters
package YES
program

Satisfactorily
• Administer RPL View multimedia Performed
• Orientation Competency?
materials Trainer Trainer
• Role of trainer/trainee
observes Rates NO
performance performance

Use manuals Have completed YES

all the
competencies?
NO
Trainee selects Observe Trainee
Trainee
competency demonstration Rates own
practices task
and receive performance
Have enough
instructions Competency/ies
Practice skills in NO been
achieved?
• Administer Learning Contract workshop
• Organize learning strategy
YES
• Provide materials Trainee exits
Receive program
• Introduce CBLM materials
• Introduce the Use of assistance and
Achievement Progress advise Trainee exits Undergo Nat’l
Report program Assessment
COMPETENCY – BASED CURRICULUM
BOOKKEEPING NC III

BASIC COMPETENCIES

1. Lead workplace communication

2. Lead small team
3. Develop and practice negotiation skills
4. Solve problems related to work activities
5. Use mathematical concepts and techniques
6. Use relevant technologies
COMPETENCY – BASED CURRICULUM
BOOKKEEPING NC III

COMMON COMPETENCIES

1. Apply quality standards

2. Perform computer operation
3. Maintain an effective relationship with
clients and customers
4. Manage own performance
COMPETENCY – BASED CURRICULUM
BOOKKEEPING NC III

CORE COMPETENCIES

1. JOURNALIZE TRANSACTIONS
2. POST TRANSACTIONS
3. PREPARE TRIAL BALANCE
4. PREPARE FINANCIAL REPORTS
5. REVIEW INTERNAL CONTROL SYSTEM
 JOURNALIZE TRANSACTIONS
LEARNING OUTCOMES:
• LO 1: PREPARE CHART OF
ACCOUNTS
• LO 2: ANALYZE DOCUMENTS
• LO 3: PREPARE JOURNAL
ENTRIES
 THE CHART OF ACCOUNTS

To keep a company’s financial data organized,

accountants developed a system that sorts
transactions into records called ACCOUNTS, When a
company’s accounting system is set up, the accounts
most likely to be affected by the company’s
transactions are identified and listed out. This list is
referred to as the company’s CHART OF ACCOUNTS.
Any standard accounting application will use
these accounts as heart of accounts making these
accounts very important.
 THE
CATEGORIES OF
THE CHART OF
ACCOUNTS
 ASSETS
Assets are any resources that are owned by the
business and produce value. Assets can include Cash and
Cash Equivalents, Receivables, Inventories, Prepayments,
Property, plant and equipment.
• Cash and Cash Equivalents –usually refers to money in
the form of liquid currency, such as banknotes or coins.
• Receivables- are amounts of money due from customers
or other DEBTORS
• Inventories – are products on hand for sale to customers.
• Prepayments- are payments made in advance by the
business
• Property Plant and Equipment - are assets used in the
production of goods and services
 LIABILITIES
• Liabilities are current or future financial debts the
business has to pay. Current liabilities can include Accounts
payables, Loans payables, Notes payables, Income tax
payables, Accrued Expenses
• Accounts payables - is the amount owed to a CREDITOR for
delivered goods or completed services
• Loans payables - is the account title used to record amounts
to be paid for borrowed money. This is also called Notes
Payable.
• Notes payables - is the account title used to record amounts
to be paid for borrowed money and evidenced by a promissory
note. This is also called Loans Payable.
• Income tax payables - is income taxes due including current
portion of deferred taxes.
• Accrued Expenses - represent the outflow of assets (or
increases in liabilities) due to a company’s operating activities.
 EQUITY
• Equity is the difference between the value of the assets and
the liabilities of the business. If the business has more liabilities than
assets, it can have negative equity. Equity can include things like
Capital, Drawing, Retained Earnings
• Capital - is called equity
• Drawing - is when a business proprietor draws money for personal
needs
• Retained Earnings are profits of the business that have not been
paid out to the owners as of the balance sheet date.
• Equity is the difference between the value of the assets and the
liabilities of the business. If the business has more liabilities than
assets, it can have negative equity. Equity can include things like
Capital, Drawing, Retained Earnings
• .
 REVENUE
• Revenue is the business' income that is derived from the sales
of its products and/or services. Revenue can include Sales, Interest
Income, Dividend income, Rent income, Service Income
• Sales – includes amounts from goods sold
• Interest Income - includes amounts from interest on all interest-
bearing deposits and accounts.
• Dividend income - is income received from ownership shares in a
corporation. A dividend is a distribution to a corporations stockholders
usually in cash.
• Rent income - is money received by a person or organization from
rental of premises and/or other assets.
• Service Income- the money received from the service rendered by a
business

• .
 EXPENSES
Expenses consist of money paid by the business in exchange
for a product or service. Expenses can include Salaries/wages, Rent
expense, Utilities expense, Depreciation, Supplies, Repairs and
Maintenance, Transportation

• Salaries/wages - expense is an account title used to record salaries,

wages, and benefits an employee receives from an employer.
• Rent expense - is the expenditure made to cover the rental for the
premises.
• Utilities expense - is an account title used to record amount incurred
on heat, light, water, and power.
• Depreciation - is the process of allocating the cost of property, plant
and equipment assets to the periods that will benefit from its use
• Supplies – the items bought to be used by the business
• Repairs and Maintenance –the accounts paid by the business for
repairs and maintenance of equipments
• Transportation – the accounts paid transporting goods either sold
goods or goods bought.
 POST TRANSACTIONS
LO1: PREPARE LEDGER

LO2: TRANSFER JOURNAL

ENTRY

LO3: SUMMARIZE LEDGER

• .
 PREPARE TRIAL BALANCE
LO1: PREPARE LEDGER

LO2: TRANSFER JOURNAL

ENTRY

LO3: SUMMARIZE LEDGER

• .
PREPARE FINANCIAL REPORTS

LO1: PREPARE FINANCIAL

STATEMENTS

LO2: ANALYZE FINANCIAL

STATEMENTS ENTRY
 REVIEW INTERNAL CONTROL
SYSTEM

LO1: CHECK POLICY

COMPLIANCE

LO2: PREPARE POLICY

COMPLIANCE REPORT

• .
JACQUELINE T. DEL ROSARIO