Abm Strand Competency For Accountancy PR
Abm Strand Competency For Accountancy PR
Abm Strand Competency For Accountancy PR
INTRODUCTION
NDU who came from ABM strand during their senior high school. In this study,
program, a platform that also showcased the current BSA freshmen students’
on how Freshmen BSA students dealt on certain accounting abilities and in their
skills, an instrument that also researches on their efficiency on those fields. This
aspects the students are well competent and where are they incompetent.
The researchers chose this topic because of its current applicability and
inspired by the change in the curriculum in the K to12, the additional two years in
that such curriculum change and the introduction of the ABM strand have certain
effects among the freshmen BSA college students, in terms of their competency
this will contribute further understanding of how the current freshmen BSA
students, use up their collective Accounting knowledge and applying these in the
Competency
Core competencies
Self-management competencies
On Cripe and Mansfield’s study there are four competencies under self-
personal credibility, and flexibility. Self-confidence is faith in one’s own ideas and
effectively when under pressure and maintain self-control in the face of hostility
support of a mission; also, it helps develop goals and plans to fulfill the said
motivational support is, recognition and rewarding of people for positive results,
talks to energize group, and, many more. Fostering teamwork refers to the ability
ability to draw the best out of a team’s ability. The following behaviours for team
ideas, offers support, vocal about concerns, reinforce members for their ideas,
provide assistance, and shares expertise. For team leaders, the following
behaviors are ideal: provide opportunities for people to learn to work as a team,
others means to delegate responsibility and to work with others and coach them
responsibility for member’s performance and guiding them along the goal with
Persuasive communication is the ability to plan and deliver oral and written
awareness is the ability to notice, interpret, and anticipate others’ concerns and
Influencing others is the ability to gain others support for ideas, proposals,
projects, and solutions. And lastly for competencies in dealing with people, client
with business. This part covers the prevention and problem solving
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to clarify a situation, seek that information from appropriate sources, and use
skillful questioning to draw out the information, when others are reluctant to
disclose it. Analytical thinking tackles problems using logical, systematic, and
it down into its component parts and considering each part in detail, and many
be done before the situation requires it. Opportunity orientation is the ability to
orientation is the ability to focus on desired results and setting challenging goals,
focusing effort on the goal or exceeding them. Thoroughness ensures the work
business related course, learning the basic accounting theories is very important.
Accounting theories provide both the theoretical basis and the rules based on
accounting, then accounting theories are the bones that lend them shape and
structure.
Uses of Accounting
time for financial decisions to be made. Accounting theories and rules based on
accounting theories are useful because their creation and implementation ensure
that these factors are promoted in accounting methods and practices. Financial
documents that cannot provide accurate and consistent information in time for
Accounting Equation
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assets should always be equal to liabilities and equities combined. The change
Accounting Rules
Without these rules and principles, users cannot understand and interpret such
documents in the right manner because their meanings are left up to the
individual accountants.
manual for those who are practicing the profession and intended users.
liabilities, ledgers, journal and other supporting documents such as invoices and
of recorded data in which all transaction are grouped in one place. The
presented in a manner which is easy to understand and use by both external and
internal users of the accounting statements. Graphs and other visual elements
are often used to complement the text data. Lastly, Interpreting phase refers to
the process concerned with analyzing financial data and is a critical tool for
decision-making. This phase interprets recorded data in a way which allow users
account.
business transactions. This step separates transactions and events that are
deemed not included in the accounting system. The second step is the recording
of transactions to the journal. After identifying and analyzing the transactions and
events, all that were viewed as included in accounting system are now formally
recorded in the journals. Next step is the posting of the journal entries to the
ledgers or books of final entry. The balances of each account can now be
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identified after the posting in the ledger are finished. The fourth step in the
accounting cycle is the preparation of unadjusted trial balance. This trial balance
is prepared to test the equality of the debit and credit balances that are extracted
from the ledgers. The fifth step is the adjusting entries. In adjusting entries, all
balances that have been incurred but not yet recorded in the journals or income
earned but not yet entered in the books are reconciled with the use of adjusting
entries. This step is to update the accounts before they are summarized in the
financial statements.
balance, financial statements, closing entries, and lastly the reversing entries.
The adjusted trial balance is prepared before the financial statements are
prepared. This is to test if the debits are equal to credits after adjusting entries
are made. Financial statements are the end products of an accounting system. It
equity, statement of financial position, statement of cash flows, and notes to the
financial statements. Closing entries are entries that are prepared to close all
nominal accounts. Post-closing trial balance is the last step and the last of the
three trial balances. The post-closing trial balance is prepared to test the equality
of balances after the closing entries are made. Reversing entries is an optional
process.
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junior high school, and 2 years of senior high school. Upon reaching senior high
school, the students are given choices on educational strands such as ABM,
STEM, HUMSS, and GAS. These strands are important prerequisites for
ABM Strand
educational strands that students can choose when reaching the senior high
level. The ABM strand focused on the concepts regarding financial management,
Listed below are the current layout of subjects in ABM strand. The stated
subjects are beneficial preparatory knowledge and skills for higher degree. On
health. The contextualized subjects are English for Academic and Professional
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Purposes, and Research in Daily Life 1. For the Second semester, the core
On grade 12 first semester, the core subjects are 21 st century Literature from
the Philippines and the World, Introduction to the Philosophy of the Human
the regions, Media and Information Literacy, Physical Education and Health.
Research and Daily Life 2 is the only contextualized subject for the first semester
Business, and Management 2, and Business Finance. For the second semester
of grade 12 the core subject is only composed of Physical Education and Health.
Subjects Prerequisite(s)
Research in Daily Life 2 Statistics and Probability
Business Finance Fundamentals of Accountancy, Business, and
Fundamentals of Accountancy, Business, and Management 1
Management 2
Business Ethics and Social Responsibility Fundamentals of Accountancy, Business, and
Management 1, Organization and
Management, Principles of Marketing, and
Business Math
Business Marketing Organization and Management
Subject Co-requisite
Notre Dame University has been educating people for 70 years already. It is
NDU’s mission to develop graduates who are locally and globally competitive,
form persons with social conscience and responsibility, foster a culture of peace
and dialogue of faiths and cultures, facilitate community empowerment for total
related courses. The following programs are offered by the College of Business
and Accountancy:
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Related Study
A study conducted by Jennifer Cunnigham, Emily Key, and Rhonda Capron
but with worthwhile results. The government should play a huge role in helping
competency-based program. The changes that the authors have stated were on
faculty and staff practices and also to technological advances. The study also
Theoretical Framework
competencies that include application and creation of knowledge along with the
Conceptual Framework
Understanding and
Competency of:
NDU Freshmen BSA students Accounting phases,
from BSA Strand principles, and
assumptions
Accounting cycle
Management skills
Intervening variable:
Name
ABM Strand
In this study, the independent variable is the accounting 1st year students
that have graduated from ABM strand, the dependent variable is the
skills. The intervening variable are name, senior high school, and their respective
strand.
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1.1 Name?
accounting?
related skills?
students. This study provides gain knowledge on how the practices, methods
high school affect the competency of future graduates. The study showcased
how do freshmen Accountancy students deal or use their skills gained on ABM
courses in their lives while taking Accounting and Business courses here at
Notre Dame University. This study provide different insights on how do ABM
the BSA freshmen students lack competency and other areas that should be
which may be used as bases on how to improve the ABM course strand.
ABM strand currently enrolled in Notre Dame University for the First semester of
Definition of Terms
participants, instruments and data gathering procedure. This describes what will
Research Design
The descriptive research design used in this study describes the ABM
and Accountancy.
Unit of Analysis/Participants/Respondents
All the freshmen students who have graduated from the ABM strand
respondents of the study, a total population of one hundred sixty eight ABM
strand students.
Research Instrument
It is composed of three parts. The first part is the Personal profiles where in the
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respondents are asked of their name, senior high school, and strand. The
phases and concepts of Accounting. The third part of the questionnaire is a scale
course.
The researchers asked first the permission from the Dean of the College
of Business and Accountancy and the respective advisers and panelists in the
subject concerned to conduct the study. After the approval of the survey
questionnaires, the researchers asked the Accountancy program head for the list
of all the freshmen students enrolled in Accounting Course. After gathering the
list of freshmen students the researchers then account the total number of BSA
acquaintances for the time and location of their classes to know where to go and
begin the survey. The researchers then conducted the survey on the designated
time and place. The researchers asked the permission of the teacher present to
perform and distribute the survey questionnaires. After distributing all the
questionnaires, the researchers then performed the results process. All data
Statistical Treatment
survey is measured using ordinal data levels. The researchers averaged all the
responses of the respondents and used the following scales to interpret the data:
Assumptions:
This chapter demonstrates and interprets the findings of the results of the
gathered data by the researchers from the survey questionnaires. The survey
STI 4 2.58%
NDU-SHS 73 47.10%
ADdU 1 0.65%
CCI 1 0.65%
STI-Illigan 1 0.65%
TNHS 1 0.65%
N/A 18 11.61%
education. Most of the respondents were from Notre Dame University Senior
population.
The table shows that the weighted mean is 3.35. The table showed that
Matching
The table shows that the weighted mean is 3.25. The table also shows
that identifying and recording revenues during the period whether transfer of
cash occurs is the highest rating aspect with the mean of 3.35.
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The table shows that the weighted mean is 3.39. The table showed that
the Going – concern assumption is the highest rated aspect with the mean of
3.42.
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Posting recorded transactions into ledgers 3.36 Good Can post transactions
into ledgers good
Preparation for Post-closing trial balance 3.16 Good Can prepare post-
closing trial balance
good
The table shows that the weighted mean is 3.22. The table showed that trial
balance preparation is the highest rating aspect with the mean of 3.47.
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The table shows that the weighted mean is 3.23. The table showed that
teamwork or the ability to work with a team is the highest rating aspect with the
mean of 3.49.
CHAPTER IV
DISCUSSIONS
This chapter presents the discussion and analysis of the results of the
study from raw data gathered presented in a tabular manner and analysis, in a
tabular form, using statistical procedures. The data presented on the figures in
Chapter III are in the form of statistical figures and were analyzed and
The researchers have evaluated the results from the guide questions in
understand?; What do the graduates need to do? What are the typical tasks
that graduates perform?; What dispositions must they display?; and in what
the respondents in order to identify if they are competent or incompetent for the
Accountancy program and what specific core competencies they are outstanding
and lacking.
The first part of the survey is about the respondent’s profiles. There were
a total of 155 respondents and majority of them are from Notre Dame University-
Senior High School with 73 students making up the 47.10% of the total. Comes
next is Notre Dame College of Cotabato with 27 students. The least number of
students are from Ateneo de Davao University, St. Benedict College of Cotabato,
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Notre Dame Village High School, St. Columban College, STI Illigan, APEC
schools, TNHS, Laboratory High School, and Cotabato City Institute with only
On the second part of the survey, the researchers wanted to know the self-
extent of the knowledge the respondents have and will be the comparison for the
competency part. The results showed that the respondents arrived only on an
Although the general is scored close to each other, the lowest three
consistency principle. Materiality principle requires inquiry with the client at the
themselves to having a harder time dealing with things that requires inquiry,
gathered.
The competency part is split into two parts, skills and dispositions. Skills talks
their designated job. Disposition refers to the attitude and perception needed to
be displayed
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theories and is the main goal of basic Accounting. The respondents scored good
overall in the weighted mean. The identifiable lowest three statements in the
skills part in competency are adjusting entries, closing entries, and preparation
for post-closing trial balance. The adjusting entries require accountants to have a
the balances after analysis of the information gathered is done. In summary, the
accounting cycle.
Listed on the management skills are certain statements that will test out the
respondents self and interpersonal skills. The average for the totality of the
assessed by the respondents are leadership skill, decision making skill, and time
set up, must also be able to provide empowerment and motivational support for
the team members, has the ability to foster teamwork too, oral and persuasive
Summary of Findings
The following are the summary of the major findings of the study:
highest on separate entity, recording, and classifying. This does not involve
much technical expertise and analysis. The respondents have also assessed
themselves on having a harder time dealing with things that requires inquiry,
gathered.
shows that the current students are very sociable and outgoing. On the contrary,
the respondents have rated themselves lower on areas such as leadership skills,
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Conclusions
concluded that first year accounting students currently enrolled in NDU that
Recommendations
From the findings of the study culminating in the above conclusion, the
varying learning instrument to find what is best suited for a class can help
https://www.workforce.com/2002/09/03/31-core-competencies-explained/
Nancy McClure
http://www.ideaedu.org/Resources-Events/Teaching-Learning-Resources/Developing-
specific-skills-competencies-and-points-of-view-needed-by-professionals-in-the-field-
most-closely-related-to-this-course
Ernesto Arimagao
https://www.academia.edu/35063729/
ABM_Strand_Suggested_Scheduling_of_Subjects_revised_16_June_2015
https://onlinelibrary.wiley.com/doi/full/10.1002/cbe2.1025
https://files.eric.ed.gov/fulltext/EJ1070819.pdf
Su-Chang Chen
https://files.eric.ed.gov/fulltext/EJ1058552.pdf
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https://opentextbc.ca/teachinginadigitalage/chapter/6-6-competency-based-learning/
Kimberlee Leonard
https://smallbusiness.chron.com/basic-accounting-theories-55960.html
Steven Bragg
https://www.accountingtools.com/articles/what-are-the-key-accounting-
assumptions.html
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Dear Respondents,
Greetings of Peace!
Rest assured that the data collected will be used only for this purpose and that the
information will be considered with utmost confidentiality. Thank you and God Bless.
Respectfully yours,
Noted by:
C. Survey Questionnaire
Part 1. Personal Profile:
Please provide the information asked, or check the box of your response.
2-3. Assumptions 1 2 3 4 5
1. Understands the assumption of separate entity in accounting
2. Understands the assumption of going-concern in accounting
3. Understands the assumption of periodicity or Time Period in
accounting
4. Understands the assumption of monetary unit in accounting
5. Understands the assumption of accrual basis and its parts in
accounting