01 CHED COURSE OUTLINE Acctg 15A
01 CHED COURSE OUTLINE Acctg 15A
01 CHED COURSE OUTLINE Acctg 15A
ACCTG 5 3
COURSE DESCRIPTION
This course is designed to develop student’s knowledge and understanding of the underlying concepts and
principles related to the preparation and presentation of financial statements of a reporting entity as well as
its applicable reporting framework. It presents topics to provide fundament concepts of the presentation of
financial position, comprehensive income, statement of changes in equity, statement of cash flows and notes
to financial statements. This course also covers single entry, cash and accrual basis of accounting, error
correction, accounting changes, noncurrent asset held for sale, discontinued operation, interim financial
reporting, segment reporting, hyperinflation and current cost accounting. In addition, this course also
includes the discussion of the reporting standards applicable to Small and Medium-sized Entities (SMEs).
COURSE INTENDED LEARNING OUTCOMES
As an outcome of this course, students will be able to:
1. Understand and identify the applicable financial reporting framework for a reporting entity.
2. Learn the basis of the preparation and presentation of financial statements.
3. Develop working knowledge in the application of various financial accounting and reporting
standards.
4. Prepare annual financial statements in accordance with the applicable financial reporting framework.
5. Demonstrate team collaboration, leadership and critical thinking.
The CCMD acknowledges all academic efforts and serves as a repository of academic learning plans of the teacher-contributor and the department chair-editor.
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UNIVERSITY OF MAKATI
J.P. Rizal Ext. West Rembo, Makati City
06.1 Interim Financial Reporting (PAS 34)
06.1.1 Purpose
8 1 06.1.2 Principles for Recognition
06.1.3 Minimum content of an interim financial report
06.1.4 Selected explanatory notes
SUGGESTED READINGS
COURSE REQUIREMENTS
Active Participation/Recitation
Assignment/Group Activity
Examinations/Quizzes/ Seatwork
The CCMD acknowledges all academic efforts and serves as a repository of academic learning plans of the teacher-contributor and the department chair-editor.
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UNIVERSITY OF MAKATI
J.P. Rizal Ext. West Rembo, Makati City
GRADING SYSTEM
CLASSROOM POLICIES
1. Students should attend every class meeting, on time and prepared, and should remain in class for the
duration of the class period. Only 3 unauthorized absences are allowed.
2. Students are responsible for all material and assignments missed because of absence or lateness.
Missed examination is allowed to take if valid reason was provided.
3. No cheating rule. Conversation during the examination is equivalent to cheating.
4. The student is expected to treat the instructor and his/her fellow students with respect and courtesy at all
times. No discrimination is allowed. Observe inclusiveness.
5. Every student is expected to have an understanding and idea of the topics beforehand.
6. Examinations will be announced.
7. Open door policy. Learning is the primary concern; questions and doubts must be raised and discussed.
CONSULTATION HOURS
EVERY Tuesday 05:00PM-06:00PM. Best for students to set appointment with faculty prior to consultation.
COURSE PROGRAM
BACHELOR OF SCIENCE IN MANAGEMENT ACCOUNTING
COURSE TITLE SCHEDULE TIME ROOM
CONSTRUCTIVE
TUESDAY 06:00PM-09:00PM HPSB 608
ACCOUNTING
FACULTY DEPARTMENT HEAD COLLEGE SECRETARY DEAN
PROF. KRISTOFFERSON PROF. NEMESIO
JULIUS R. ALA DEAN BERNIE BALMEO
DELA CRUZ BARBOZA
The CCMD acknowledges all academic efforts and serves as a repository of academic learning plans of the teacher-contributor and the department chair-editor.
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