CONTENT CONTENT STANDARD PERFORMANCE STANDARDS LEARNING COMPETENCIES COD

1. Statement of The learners demonstrate an The learners shall be able to… The learners… identify the elements of ABM_FABM
Financial understanding of… 1. the SFP and describe each of them 1
Position (SFP) solve exercises and problems that
account titles under the assets, liabilities, require preparation of an SFP for a 2. classify the elements of the SFP into
and capital accounts of the Statement of single proprietorship with proper ABM_FABM
current and noncurrent items
Financial Position, namely, cash, classification of accounts as
receivables, inventories, prepaid current and noncurrent using the 3. prepare the SFP of a single
expenses, property, plant and equipment, ABM_FABM
report form and the account form proprietorship
payables, accrued expenses, unearned 4.
income, long-term liabilities and capital prepare an SFP using the report form
that will equip him / her in the preparation and the account form with proper
ABM_FABM
of the SFP using the report form and classification of items as current and
account form noncurrent
2. Statement of the service income and operating solve exercises and problems that 1. identify the elements of the SCI and
Comprehensive expenses of a service business as well as require preparation of SCI for a describe each of these items for a
service business and a ABM_FABM
Income (SCI) sales, contra sales, purchases, contra service business and a merchandising
purchase accounts, cost of goods sold and merchandising business business
general administrative and selling 2.
expenses of a merchandising business prepare an SCI for a service business
ABM_FABM
that will equip him / her in the preparation using the single-step approach
of the SCI for both service and
merchandising businesses 3.
prepare an SCI for a merchandising
ABM_FABM
business using the multistep approach

3. Statement of the forms of business organization, solve exercises and problems that 1.
discuss the different forms of business
Changes in namely, single proprietorship, require preparation of an SCE for a ABM_FABM
Equity (SCE) organization
partnership, and corporation, and the single proprietorship

CONTENT CONTENT STANDARD PERFORMANCE STANDARDS LEARNING COMPETENCIES COD

4. Cash Flow the components and the structure of a solve exercises and problems that 1. discuss the components and structures
ABM_FABM
Statement CFS that will equip him / her in the require preparation of a CFS of a CFS
(CFS) preparation of the said financial report 2. prepare a CFS ABM_FABM

5. Analysis and the methods or tools of analysis of solve exercises and problems that 1. define the measurement levels, namely,
Interpretation financial statements to include horizontal require computation and liquidity, solvency, stability, and
interpretation using horizontal ABM_FABM
of Financial analysis, vertical analysis, and financial profitability
Statements ratios to test the level of liquidity, analysis, vertical analysis, and
solvency, profitability, and stability of the various financial ratios
2. perform vertical and horizontal analyses
business of financial statements of a single
Using the downloaded sample ABM_FABM
proprietorship
financial statements, he / she
performs horizontal and vertical
analysis, computes various 3. compute and interpret financial ratios
financial ratios and interprets the such as current ratio, working capital,
level of liquidity, solvency, stability, gross profit ratio, net profit ratio, ABM_FABM
and profitability of the business receivable turnover, inventory turnover,
debt-to-equity ratio, and the like