College: College of Business, Management & Accountancy Program: Bachelor of Science in Business Administration

Prepared by: Reviewed by: Contact Number: 09176285467

RICA B. SAN ANTONIO, MMBM MARK ANTHONY G. ORTIZ, MBA Email: ricabsanantonio@gmail.com
Professor Program Head Consultation Schedule: Anytime (By Appointment)

Reviewed by: Approved by:

RICA B. SAN ANTONIO, MMBM ELNORA A. BARRIOS, Ph.D.
Dean Director, Academic Affairs

Course Code: FMgt. 613 Descriptive Title: Financial Controllership

Course Credit(s): Three (3) Units Lecture Hours/Week: 3 Hours/Week Laboratory Hours/Week: None

Pre-Requisite: Fin. 101, Accounting 102

Course Description: This course provides knowledge and analytical skills on how to design and implement the management system used to plan and control the entity’s
performance. It covers the management of data and information, the systems of control through operating and capital budgets, protecting of assets, and general internal
control systems and procedures.

Course Learning Outcomes:

Knowledge:
Upon completion of this course, students should be able to:

 Discuss the significance of control in financial aspects of the business;

 Develop managerial skills and focus on achieving desired objectives within the entity’s mission, goals and objectives;
 Prepare a budget based on the entity’s strategy and financial performance and condition;
 Communicate appreciation of the role of professional judgment and ethical conduct of a finance manager on the economic decisions of the stakeholders of the entity;
 Identify themselves with, appreciate and live out the vision, mission and core values of CPC and CBMA.

Skills
Upon completion of this course,
 Students will acquire, integrate, and evaluate a core set of business skills necessary to successfully operate a business organization;
 Students will demonstrate effective written and oral communication;
 Students will demonstrate quantitative reasoning and critical thinking skills needed to make sound business decisions.
Autonomy and Responsibility Competence
Upon completion of this course, students will be able to state the following reporting, regulating or ethical considerations:
 Ability to carry out institutional procedures and policies;
 Assess workload and delegate effectively.

Self-Development Competence
Upon completion of this course, students will be able to demonstrate the need to continually research and up skill the following areas:
 Develop practical skills;
 Develop up to date knowledge and transfer those skills to colleagues.

Role in Context Competence

Upon completion of this course, students will be able to effectively contribute to the following activities or endeavors:
 Plan, organize and execute a service production operation;
 Work competently under pressure within the work environment.

COURSE PROGRAM OUTCOME MAP:

1. Apply management theories, methods to various types of business organizations;

2. Analyze, evaluate, and solve problems using methods of management science;
3. Use the proper decision tools to critically, analytically, and creatively solve problems and drive results and to make decisions and act within social and ethical
dimensions;
4. Demonstrate corporate and social responsibility;
5. Use interpersonal & communication skills to be an effective player & leader in the industry;
6. Work effectively and independently in multi-disciplinary and multi-cultural teams.
7. An Ideal Purisimian graduate is a world-class, competent, innovative professional imbued with Christian values and a deep love for the Blessed Virgin Mary.

Course/Subject Outcome 1 Outcome 2 Outcome 3 Outcome 4 Outcome 5 Outcome 6 Outcome 7

FMgt. 613 –
Financial P P P P P P P
Controllership

(Legend: L–learned in the course; P–practiced in the course; O–not yet learned/practiced but the opportunity to practice exists)
Course/Subjects Units Outcome 1 Outcome 2 Outcome 3 Outcome 4 Outcome 5 Outcome 6 Outcome 7

Professional Subjects

Finance 101 3 P L P P L L P
Accounting 101 6 L L P P L L P
Accounting 102 6 L L P P L L P
Accounting 401 3 L L P P L L P
Info. Tech. 101 4 P P P P L L P
Info. Tech. 102 3 P P P P L L P
Info. Tech. 103 3 P P P P L L P
Management 101 3 P P P P P L P
Marketing 101 3 L L P P L L P
Marketing 102 3 L L P P L L P
Economics 101 3 P P P P P L P
Economics 102 3
P P P P P L
P
Management 102 3 L L P P L L P
Management 103 3 L L P P L L P
Management 104 3 P P P P P L P
Management 106 3 P L P P L L P
Management 107 3 P P P P P L P
Management 108 3 L L P P P L P
Management 109 3 L L P P L L P
Management 110 3 L L P P L L P
Management 111 3 L L P P L L P
Management 114 3 P P P P P L P
Management 201 3 P L P P L L P
Management 202 3 L L P P L L P
Management 203 3 P P P P P P P
Management 204 3 L L P P L P L
HRDMgt. 109 3 P L P P P L P
HRDMgt. 301 3 P L P P L L P
HRDMgt. 302 3 P L P P L L P
HRDMgt. 303 3 P P P P P P P
HRDMgt. 304 3 P P P P P P P
HRDMgt. 305 3 P P P P P P P
HRDMgt. 306 3 P P P P P P P
HRDMgt. 307 3 P P P P P P P
FMgt. 102 3
P P P P P L
P
FMgt. 103 3 P P P P P P P
FMgt. 104 3 P P P P P P P
FMgt. 105 3 P P P P P P P
FMgt. 106 3 P P P P P P P
FMgt. 107 3 P P P P P P P
FMgt. 108 3 P P P P P P P
FMgt. 109 3 O P P P L P P
FMgt. 111 3 P P P P P P P
FMgt. 112 3 P P P P P P P
FMgt. 113 3 P P P P P P P
FMgt. 114 3 P P P P P P P
FMgt. 605 3 L P P L P P P
FMgt. 613 3 P P P P P P P
MMgt. 402 3 P P P P P P P
MMgt. 403 3 P P P P P P P
MMgt. 404 3 P P P P P P P
MMgt. 405 3 P P P P P P P
MMgt. 406 3 P P P P P P P
MMgt. 407 3 P P P L P P P
MMgt. 412 3 P P P P P P P
OJT 111 6 O P P P L P P
 Intended Learning Teaching Textbook Time
Outcomes Learning (T) Assessment Allotment
Competence Topics (ILO) Activities Equipment (Hours)
References
(TLA) (R) Task Tool Lec Lab
PRELIMINARY PERIOD

Introduction to Controllership

Discuss the importance of  Definition of a Controller Discuss the person Lecture LCD T1 Quizzes, Quizzes, 3
control, environmental  Characteristics of a responsible for the Discussion Projector, T1 Major Written
scanning and situation audit Controller management control Multimedia Laptop R1, R2 Written and Oral
in the management of a  Qualifications of a system of the company. Instruction Exam, Exams,
business entity. Controller Case Studies Oral Exam Reporting
 Priorities of a Controller Reporting
Workshop
Research Work

Nature of Management Control

System

 Basic Concept of Control Explain the concepts, Lecture LCD T1 Quizzes, Quizzes, 3
 Role of Control in the role and boundaries of Discussion Projector, R1, R2, R3 Major Written
Management of an Entity management control. Multimedia Laptop Written and Oral
 Boundaries of Instruction Exam, Exams,
Management Control Case Studies Oral Exam Reporting
 Relationships between Reporting
Planning and Control Workshop
Functions Research Work

Management of Control Process

 Phases of Management
Explain briefly the Lecture LCD T3, Quizzes, Quizzes, 3
Control
phases of management Discussion Projector, R1, R2 Major Written
 Strategic Planning
control and how they Multimedia Laptop Written and Oral
 Budgeting
affect the financial Instruction Exam, Exams,
 Measuring and Reporting
performance and Case Studies Oral Exam Reporting
 Evaluation condition of the entity Reporting
Workshop
Research Work
Elements in the Strategic
Planning Process

 External Environment Discuss the various Lecture LCD R1, R2 Quizzes, Quizzes, 1
 Internal Assessment elements in the Discussion Projector, T3 Major Written
 Measuring and Reporting strategic planning Multimedia Laptop Written and Oral
 Evaluation process. Instruction Exam, Exams,
Case Studies Oral Exam Reporting
External Environment Reporting
Workshop 2
 Demographic Segment Prepare a report on the Research Work
 Industry Segment demographic and
industry segments in
the environment.

Internal Assessment

 SWOT Analysis Evaluate the entity’s Lecture LCD R1, R2, R3 Quizzes, Quizzes, 2
strength, weaknesses, Discussion Projector, T3 Major Written
opportunities and Multimedia Laptop Written and Oral
threats. Instruction Exam, Exams,
Case Studies Oral Exam Reporting
Reporting
Workshop
Research Work

PRELIMINARY EXAMINATION
 MIDTERM PERIOD

Financial Statements

Demonstrate how financial  Types of Financial Describe the different Lecture LCD R3, R4 Quizzes, Quizzes, 3
analysis affects economic Statements types of financial Discussion Projector, Major Written
decision of stakeholders of  Statement of Financial statements and show Multimedia Laptop Written and Oral
the company. Position how they are Instruction Exam, Exams,
 Income Statement interconnected. Case Studies Oral Exam Reporting
 Statement of Changes in Reporting
Equity Workshop
 Statement of Cash Flows Research Work

Financial Statement Analysis

 Objectives and Discuss the objectives Lecture LCD T2 Quizzes, Quizzes, 1

Limitations of Financial and limitations of Discussion Projector, R3, R4 Major Written
Statement Analysis financial statement Multimedia Laptop Written and Oral
analysis. Instruction Exam, Exams,
Case Studies Oral Exam Reporting
Reporting
Tools of Financial Statement Workshop
Analysis Research Work
5
 Horizontal Analysis Demonstrate the
 Vertical Analysis framework for making
decisions using
 Ratio Analysis
financial statement
 Liquidity Ratios
analysis applying
 Profitability Ratios
horizontal, vertical and
 Solvency Ratios
ratio analyses.

Cash Flow Analysis

 Nature and Purpose of Define cash flow Lecture LCD T2 Quizzes, Quizzes, 3
Cash Flow Analysis statement and identify Discussion Projector, R1, R2 Major Written
 Classification of Cash the sources and Multimedia Laptop Written and Oral
Flow Activities applications of cash Instruction Exam, Exams,
 Operating Activities according to the entity’s Case Studies Oral Exam Reporting
 Investing Activities operating, investing Reporting
 Financing Activities and financing activities. Workshop
 Research Work
Cost – Volume – Profit Analysis Calculate the T2 Quizzes, Quizzes, 1
(CVP) company’s break – even R1, R2 Major Written
Operating and Financial point and degree of Written and Oral
Leverage operating and financial Exam, Exams,
leverages and discuss Oral Exam Reporting
how they guide
management in
decision making.

MIDTERM EXAMINATION
 PREFINAL PERIOD

Discuss the role of financial Vision, Mission and Objectives Formulate the VMO of a Lecture LCD T2 Quizzes, Quizzes, 2
planning to implement the of the Company (VMO) company. Discussion Projector, R1, R2 Major Written
strategies taken to realize Multimedia Laptop Written and Oral 3
the company’s mission and Strategies Design different Instruction Calculator Exam, Exams,
objectives. strategies and choose Case Studies Oral Exam Reporting
which one is to be Reporting
implemented. Workshop
Research Work
Financial Market Simulation

 Definition, Structure and Discuss financial 1

Function markets and identify
the participants.

Types of Markets Identify and distinguish Lecture LCD T3 Quizzes, Quizzes, 1

the types of markets Discussion Projector, R1, R2 Major Written
Financial Institutions and financial Multimedia Laptop Written and Oral 1
institutions. Instruction Exam, Exams,
Case Studies Oral Exam Reporting
Reporting
Time Value of Money Workshop
Research Work
 Future Value of Money Explain and compute 2
 Present Value of Money the future and present
time value of money
and how it impacts
business decisions.

Financial Forecasting for

Strategic Growth

 Benefits Derived from Describe the concept Lecture LCD T1 Quizzes, Quizzes, 1
Financial Planning and benefits of financial Discussion Projector, R1, R2 Major Written
planning. Multimedia Laptop Written and Oral
Instruction Exam, Exams,
Elements of a Financial Apply the financial Case Studies Oral Exam Reporting 4
Planning Model planning process using Reporting
the percent of sales Workshop
Financial Planning Process method. Research Work

PREFINAL EXAMINATION
 FINAL PERIOD

Explain and evaluate the Forecasting Short – term

basic concepts involving Financial Requirements
financial forecasting,
corporate planning and  Financial Planning and Discuss the relationship Lecture LCD T1 Quizzes, Quizzes, 1
budgeting of a business Control between financial Discussion Projector, R1, R2 Major Written
entity. planning and control. Multimedia Laptop Written and Oral
Instruction Exam, Exams,
Case Studies Oral Exam Reporting
Budgeting Reporting
Workshop 1
 Types of Budget Describe operating Research Work
 Operating Budget budget, financial budget
 Financial Budget and capital budget, and
 Capital Budget explain their
interrelationships.

Steps in Developing a Master Prepare a short – term Lecture LCD T1 Quizzes, Quizzes, 6
Budget budget. Discussion Projector, R1, R2 Major Written
Multimedia Laptop Written and Oral
Capital Budgeting/Budget Illustrate the capital Instruction Exam, Exams, 3
budgeting process and Case Studies Oral Exam Reporting
how it is influenced by Reporting
the firm’s business Workshop
strategy and Research Work
information
requirements.

FINAL EXAMINATION
Equipment: LCD Projector, Laptop, Chalk/White Board

Textbooks:
1. Anthony, R.N. (2007): Management Control System. McGraw – Hill International Edition. 12th Edition.
2. David, F.R. (2009): Strategic Management: Concepts and Cases. Pearson Prentice Hall. 12th Edition.
3. Cabrera, M.E.B. (2015): Financial Management: Principles and Applications. GIC Enterprises and Co., Vol. 1, Manila.

References:
1. www.ey.com
2. www.newaccountusa.com
3. www.pse.com.ph
4. www.sec.gov.ph

Course Requirements:
 Major Exams
 Quizzes
 Unit Tests
 Oral Recitation
 Assignments
 Research Works
 Individual/Group Presentations
 Case Study Analysis

Grading System:

Components Percentage
Class Participation 15%
Quizzes 20%
Assignment/Paper/Project 15%
Major Exam 50%
Total 100%
Course Requirements & Grading System GRADE Percentage Equivalent Indication
1.00 100% Excellent
Prelim Grade …………………………………………………………………………………………. 25% 1.25 97 - 99%
Prelim Examination …………………………………………………. 50% 1.50 94 - 96% Very Good
Quizzes …………………………………………………………………… 20% 1.75 91 - 93%
Class Participation/Presentation……………………………… 15%
2.00 88 - 90% Good
Assignment …………………………………………………………….. 15%
2.25 85 - 87%
2.50 82 - 84% Fair
Midterm Grade ……………………………………………………………………………………… 25%
2.75 79 - 81%
Prelim Examination ……………………………………………. 50%
3.00 75 - 78% Passing
Quizzes ……………………………………………………………… 20%
5.00 Failure
Class Participation/Presentation………………………… 15%
Assignment …………………………………………………………15%
F – Failed
Pre-Final Grade ……………………………………………………………………………….……. 25% NE – Never Entered
Prelim Examination ……………………………………………50% D – Dropped
Quizzes ………………………………………………………………20% FA – Failure due to Absences (more than 20% of the total number of class
hours)
Class Participation/Presentation…………………………15%
INC – Incomplete (must be completed within 2 consecutive semesters excluding
Assignment ………………………………………………………..15%
summer or grade becomes an F)

Final Grade …………………………………………………………………………………………… 25%

Prelim Examination ……………………………………………50%
Quizzes ………………………………………………………………20%
Class Participation/Presentation…………………………15%
Assignment ………………………………………………………..15%

Total ………………………………………………………………………………………..…………. 100%

Passing Mark = 75%

Equivalent: 50 + 50 (Score)
Perfect Score
CLASSROOM POLICIES

Testing and Grading

 Major exams will be administered on the scheduled date and time. All of them are close-notes and closed books. No make-up exams will be allowed.
 A failing mark will automatically be given to any student caught cheating in any exam.
 Appeals for rechecking must therefore be accomplished within ONE WEEK AFTER THE RESULTS ARE GIVEN OUT.
 If classes are suspended or cancelled on the date of a scheduled exam or quiz, it is understood the test will be given on the following meeting.
 Quizzes will be given every meeting. Students are required to study for the lessons that were taught or assigned readings for discussions.

Class Guidelines
 Turn off cellular phones or activate the silent vibration mode to avoid disrupting the class discussion.
 Students are expected to adhere to the school dress code.
 Restroom needs should be attended to before or after the class, or during breaks between classes. It should not be done during class.
 Eating, drinking and smoking are not allowed inside the classroom.
 Students are highly encouraged to ask questions and contribute their insights and observations, as long as they are relevant to the subject matter being discussed. Disruptive
students will be asked to leave the room.

Attendance Policy
 Attendance for taught elements of the program is important in order for students to succeed in their studies, for this reason, attendance is mandatory.
 Absences will be treated as a disciplinary offense; three warning letters and the student will be withdrawn/failed for the remainder of the semester regardless of medical
certificates or authorized absences.
 Students are expected to be in class on time. Absence will be recorded when late.
 All activities are mandatory. Non-attendance /completion will be treated as absent.

Tardiness
 Classes will start on time, and attendance/absence will be registered at the start of the class.
 Tardiness is not tolerated in industry and students are being prepared to be managers in the industry.

Practical Evaluation
 (Continuous Assessment) During each activity, students will be evaluated on their activity work and attitude. Additional marks will be awarded for displays of leadership. A copy
of the daily assessment will be handed to the students during orientation.
 There will be several assessments; these marks will form part of the overall mark for the paper works along with an average of all other activity sessions.

Consultation Hours
 Regarding consultation, students may get in touch with their FMgt. 613 Instructor through:

Contact Number: 09176285467

Email Address: ricabsanantonio@gmail.com

 Students who wish to individually consult their FMgt. 613 Instructor may arrange an appointment with them or through Ms. Jackielyn A. Arnido, the Department Secretary.