Eastern Samar State University Borongan City, Eastern Samar: Accounting 514 Accounting Review Part 1 (Taxation)
Eastern Samar State University Borongan City, Eastern Samar: Accounting 514 Accounting Review Part 1 (Taxation)
Eastern Samar State University Borongan City, Eastern Samar: Accounting 514 Accounting Review Part 1 (Taxation)
University Vision:
University Mission:
College Goals:
The College of Business Management and
Accountancy shall aim to achieve the following:
1. To provide common foundation of
knowledge and understanding concerning
Semester:
School Year:
First
2016 2017
Department: Accountancy
No. of Units:
108 hours
Program Objectives:
1. To provide students adequate training to acquire:
a. The knowledge, proficiency, and intellectual abilities that can provide services of the minimum
scope and quality which the public needs and has a right to expect from an entry level professional
accountant; and
b. The capacity to grow and develop into a fully qualified professional accountant able to function in a
global economy.
2. To strengthen the research and extension activities of the accountancy program.
3. To incorporate values formation in daily lesson activities.
Course Description:
The Philippine CPA board examination is designed to measure professional competence in auditing, business law, taxation, and accounting, hence, an Accounting
Review course which is a vital part of the curriculum is intended to prepare students for the board examination. Accounting Review 1 covers 4 topics tested on the
Certified Public Accountant Board Examination as published by the Philippine Institute of Certified Public Accountant in its Content Specification Outlines; these are
Practical Accounting 1, Taxation, Theory of Accounts and Auditing Theory.
Program Outcomes:
1. A higher level of performance and generally to meet the public interest, the need
for CPAs to conform to the ethical standards of the profession becomes vital.
2. Knowledge related to accounting and related areas in private and government
setting and must include proficiency in the international accounting/ financial
reporting and auditing standards, cost management and the latest concepts in
management accounting recent taxes and business and commercial laws and
also includes knowledge of corporate finance and the Philippine capital markets,
professional ethics and environmental accounting and reporting.
3. An ability to carry out abstract logical thinking and learn the process of critical
thinking.
General
Principles of
Taxation
Powers and
Authority of the
Commissioner
of Internal
Revenue
Authority of the
Commissioner
to Compromise
Tax Payments,
Abate or Cancel
Tax Liability and
Refund or
Credit Taxes
Time
Allotment
LO1 LO2
LO3
LO4
LO5
1.5 hours
12 hours
Outcome-Based
Assessments
Course
Syllabus/Student
Handbook
Discussion
Active Learning
Problem Solving Instruction
Reciprocal Peer Tutoring
Active Learning
Problem Solving Instruction
Practice and Drill
12 hours
15 hours
References
1,2,3,4,5,6,13,14
1,2,3,4,13
Active Learning
1,2,3,4,5,6,8,9,10,13
Income Tax
Transfer Taxes
12 hours
15 hours
Percentage
Taxes
12 hours
Compliance
Requirements
9 hours
Tax Remedies
Community Tax
Local Taxation
Tariff and Customs
Code
Final Pre Board
Examination
References:
9 hours
1.5 hours
9 hours
108 hours
Peer Review
Open Book Exercises
End Chapter Quiz
Problem Sheet Open Book
Exercises
Active Learning
Problem Solving Instruction
Collaborative Teaching
Active Learning
Problem Solving Instruction
Practice and Drill
Active Learning
Problem Solving Instruction
Practice and Drill
Active Learning
Problem Solving Instruction
Cooperative Learning
Active Learning
Problem Solving Instruction
Practice and Drill
Active Learning
Problem Solving Instruction
Think/Pair/Share
1,2,3,4,5,6,8,9,10,13
1,2,3,4,5,6,8,9,10,13
1,2,3,4,5,6,8,9,10,13
1,2,3,4,5,6,8,9,10,13,
1,2,3,4,5,6,8,9,10,13
1,2,3,4,5,6,8,9,10,13
15
1. Valencia, E.G., Roxas G. (2015). INCOME TAXATION (Principles and Laws with Accounting Applications) 2009-2010 5th Edition, Valencia Educational
Supply,
2. Reyes, V. D., (2014) INCOME TAX LAW & ACCOUNTING A New Approach. Rex Printing Company Inc.
3. Catindig, T. A.,(2015) THE NATIONAL INTERNAL REVENUE CODE OF 1997, With Comments & Editorial Notations. Rex Printing Company Inc.
4. www.bir.gov.ph
5. Duncano, D.A. (2013) Edition. Philippine Taxation Framework A Simplified Course. Goodwill Publishing.
6. Ampongan, O. (2013) CPA Board Examination Reviewer in BLT. Goodwill Publishing.
7. De Leon, H. (2013 edition). Income Taxation. Rex Printing Company Inc.
8. Bureau of Internal Revenue. Tax Guide, A Quick and Easy Primer on Paying Your Taxes.
9. Duncano, D. (2010). Philippine Taxation Handbook, A Simplified Course. Rex Printing Company Inc.
10. http://knowyourtaxes.ph/home
11. Reyes, V., (Volume 2), 2009The Business Taxes in the National Internal Revenue Code Simplified with the Community Tax, Estate Tax, Donor's Tax and Tax
Remedies. Philippine Taxes Simplified Series. Rex Printing Company Inc
12. Valencia, E. (2010). Transfer and Business Taxation: Principles and Laws with Accounting Applications, Valencia Educational Supply,
13. Ballada,, S. and Ballada, W., (2007). Transfer and Business Taxation Made Easy, Rex Printing Company Inc.
14. Suarez, J. 2013. Constitutional Law Reviewer. Rex Printing Company Inc.
15. University of Santo Tomas. UST Golden Notes (2011). Taxation Law Reviewer: Local Taxation and Tarif and Customs Code. Bar Ops Committee.
Class Policies:
1. Students are expected to arrive for class on time and to remain in
class until the end of the class session. The students will be
considered dropped from the class after missing 20% of the total
number of hours required for the subject. Students are expected to
attend classes on their respective uniforms.
2. Students are expected to take Major Examinations (Midterm/Finals) on the specified day. In general, no make-up test or retest will be given except when circumstances warrant but with valid
supporting documents shall be presented.
3. Assignment should be submitted on the set deadline. Late
Grading System:
Mid-term Period
Major Examination
Class Participation/Exercises
Quizzes
Attendance
Total
Final Period
40%
25%
30%
5%
100%
Class Schedule:
Major Examination
Class Participation/Exercises
Quizzes
Attendance
Total
40%
25%
30%
5%
100%
Consultation Hours:
Prepared By:
Checked By:
Students enrolled in the subject can consult with the faculty during
his/her vacant time to discuss suggestions and/or problems related to the subject
at these days and times:
MW 7:30-10:30
Approved:
DR. ALIROSE A. LALOSA, MBA
College Dean
Date Checked:
Date Approved: