COURSE CODE ACCTG 420

COURSE TITLE GOVERNMENT ACCOUNTING

CSAV PHILOSOPHY Colegio de Sta Ana de Victorias believes that education is aimed at the total growth of a human being for him to be able to enjoy a
fruitful life and establish a harmonious relationship with God and his fellowmen.

CSAV MISSION The community of Colegio de Sta. Ana de Victorias is dedicated to the pursuit of quality and holistic education to form students
into becoming good Christians, competent, empowered, compassionate and socially responsible members of society, capable of
committing themselves to contribute to the development of our country.
CSAV OBJECTIVE To develop well-rounded individuals responsive to the country’s call for efficient effective and responsible workers and
entrepreneurs by providing them with high level of academic thinking, behavioral and technical competencies through up-to-date
information, state of the art educational facilities and standardized training courses to enable them to live meaningful lives in their
respective fields of specialization.
COURSE DECRIPTION This course is designed to introduce the fundamentals of accounting for government organizations. It provides a detailed review of
the accounting and financial reporting standards promulgated by the authoritative body influencing the accounting and reporting for
national and local governmental entities.
 COURSE OUTLINE & TIMEFRAME

COURSE CONTENT/SUBJECT MATTER (ACCTG 420- GOVERNMENT ACCOUNTING)

I. Orientation on the Vision-Mission-Objective of IV. The Revised Chart of Accounts

Colegio de Sta. Ana de Victorias
A. The revised chart of accounts and coding structure
II. General Provisions, Basic Standards and Policies with an eight digit account numbering system per COA
circular No 2013-002
A. General Provisions provided by General B. The Adoption of the Revised Chart of Accounts for
Accounting Manual National Government Agencies dated January 30,
B. Basic standards and fundamental accounting 2013
Week 1-18 principles for financial reporting by national C. Conversion from Philippine Government Chart of
government agencies. Accounts to Revised Chart of Accounts

III. The Unified Accounts Code Structure

A. The five key elements of Unified Accounts Code

Structure
B. The New Government Wide Coding Framework
C. Conversion of Codes to Conform to the UACS

-----------------------PRELIM EXAM------------------
 COURSE OUTLINE & TIMEFRAME

COURSE CONTENT/SUBJECT MATTER (ACCTG 420- GOVERNMENT ACCOUNTING)

V. Accounting for Budgetary Accounts

A. Budget in the Financial Statements

B. Budget Recording and Presentation

VI. Accounting for Disbursements and Related

Transactions
Week 1-18
A. Disbursement of Public Fund Regulations
B. Monitoring of Receipt and Utilization of Cash
advances
C. Availment of foreign loans through suppliers
D. Payment of operating requirements on FSPs
through Cash Disbursement Ceiling

-----------------------MIDTERM EXAM------------------
 COURSE OUTLINE & TIMEFRAME

COURSE CONTENT/SUBJECT MATTER (ACCTG 420- GOVERNMENT ACCOUNTING)

VII. Accounting for Revenue and Other Receipts

Week 1-18 A. Revenue and other receipts standards and
procedures
B. Collections through the Authorized Government
Depository Banks

-----------------------LONG QUIZ------------------

VIII. Trial Balance, Financial Reports and

Statements
A. General Purpose Financial Statements Preparation
and Presentation

---------------------------------FINAL EXAM-----------------------------------
 LEARNING PLAN

TIME DESIRED LEARNING COURSE CONTENT/SUBJECT TEACHING & ASSESSMENT RESOURCE TEXTBOOKS/REF
FRAME OUTCOMES (DLO) MATTER LEARNING TASK MATERIAL ERENCES
ACTIVITIES S
At the end of the unit, the
students must have: Cardona,M.,
1. Reflected on the 1. Lecture & Reflection and &Punzalan, A.
importance of the vision- I. Orientation on the Vision- Discussion sharing (2018).Government
mission-objectives of Mission-Objectives of Colegio Accounting.
CSAV in their lives; de Sta. Ana de Victorias Manila.
especially on how it
could be advantageous
to them in their future
selves. Ruppel,W.
2. familiarize the general Government
concepts which are II. General Provisions, Basic 2. Lecture and Accounting Made
commonly dealt in the Standards and Policies Discussion Easy. Wiley.
field of government
Group Activity Granof,
accounting
19.5 hrs. 3. how these could be useful III. Unified Accounts Code Laptop and M.&Khumawala,S.G
in the business world Structure 3. Discussion and LED Screen overnment and Not
Reporting for Profit Accounting
4. Comprehend how the IV. The Revised Chart of Concepts and
different accounting Accounts 4. Picture Practices
framework is used by the slideshow and
government to carry out demonstration Milla, Z.
its accounting functions Government
and Written quizzes Accounting &
5. Be able to compare the Accounting for Non
changes made to the 6. Timeline Profit
government accounting slideshow Organizations.Rex,M
manual through time. anila.

6. Understand the different 7. Flowchart and Written quizzes

 internal controls adopted Slide presentation
by the government, Ruppel,W.
Government
Accounting Made
Easy. Wiley.

2 hrs PRELIM EXAM

 TIME DESIRED LEARNING COURSE CONTENT/SUBJECT TEACHING & ASSESSMENT RESOURCE TEXTBOOKS/
FRAME OUTCOMES (DLO) MATTER LEARNING TASK MATERIALS REFERENCES
ACTIVITIES
At the end of the unit, the
students must have: Cardona,M.,
&Punzalan, A.
(2018).Governm
ent Accounting.
Manila.
Case study/Group
activities/reporting

Ruppel,W.
Government
Accounting
Made Easy.
1. Understood the role of an V. Accounting for Budgetary Wiley.
1. Lecture &
19.5 hrs. accountant in the Accounts
Discussion/
budgeting aspect of the VI. Accounting for Disbursements Granof,
Reporting
governmetn and Related Transactions M.&Khumawala
,S.Government
and Not for
Profit
Laptop and
2. Knowledge of how 2. Hands on Accounting
LED Screen
budget analysis is used in activities, Concepts and
the government, its discussion and Practices
importance to the demonstration Written quizzes
efficiency and effectivity
of the operations
including the different
needs that it demands
 upon its construction.
Milla, Z.
Government
Accounting &
Accounting for
Non Profit
Organizations.R
ex,Manila.

2 hrs MIDTERM EXAM

 TIME DESIRED LEARNING COURSE CONTENT/SUBJECT TEACHING & ASSESSMENT RESOURCE TEXTBOOKS/
FRAME OUTCOMES (DLO) MATTER LEARNING TASK MATERIALS REFERENCES
ACTIVITIES
At the end of the unit, the
students must have:
Cardona,M.,
1. The understanding of &Punzalan, A.
the different VII. Accounting for Revenue and 1. Lecture & (2018).Governm
requirements Other Receipts Discussion/ ent Accounting.
necessary in the Reporting Group Manila.
recognition of activities/reporting
revenue and

Ruppel,W.
2. to be able to see on the 2. Hands on Government
specific systems and activities, Accounting
19.5 hrs.
processes that comprises discussion and Laptop and Made Easy.
the accounting cycle. demonstration LED Screen Wiley.

Granof,
Written quizzes M.&Khumawala
,S.Government
and Not for
Profit
Accounting
Concepts and
Practices

2 hrs LONG QUIZ

3. to be well rounded about VIII. Trial Balance, Financial reports and 3. Lecture, Group
the collective processes Statements Hands on Group Seatwork, Cardona,M.,
of recording and activities, Laptop and &Punzalan, A.
processing the LED Screen (2018).Governm
accounting events of the ent Accounting.
 government with the aid Manila.
of the manual,

Ruppel,W.
Government
Accounting
Made Easy.
4. to be able to understand Wiley.
how the different cycles
are interconnected with Granof,
each other, how they Lecture, Group Hands Group Seatwork, M.&Khumawala
work to provide the on activities, ,S.Government
needed accounting Flowchart and Not for
information of Presentations Profit
government agencies and Accounting
to be able to produce a Concepts and
concise financial Laptop and Practices
reporting LED Screen

6 hrs. FINAL EXAM

CONTACT HOURS/WEEK 3 UNITS
PREREQUISITE SUBJECTS NONE
COURSE OUTCOMES At the end of the semester, the students must have:

1. Demonstrate and apply an understanding of the different objectives, basis of accounting and measurement focus used
for each set of financial statements in the government financial reporting model and the related standards.
2. Demonstrate and apply an understanding of fund accounting and budgetary accounting.
3. Understood the different businesses cycles that comprises the accounting system of government.
SUGGESTED READINGS AND COURSE REFERENCES Cardona,M., &Punzalan, A. (2018).Government Accounting.
Manila.

Ruppel,W. Government Accounting Made Easy. Wiley.

Granof, M.&Khumawala,S.Government and Not for Profit Accounting Concepts and

Practices

Milla, Z. Government Accounting & Accounting for Non Profit

Organizations.Rex,Manila.

COURSE REQUIREMENTS 1. Term Examination

2. Written Quizzes
3. Group Reporting
4. Assignment and graded recitation
GRADING SYSTEM
Term Examination 40%
Requirements 20%
Quizzes 20%
Curricular Activities 10%
Attendance/Homework 10%
Total 100%

CLASSROOM POLICIES 1. Be on time and minimize absences.

2. Be participative during class discussion and avoid making noises.
3. Submit requirements on time.

Prepared by: Approved by:

JEAN DIANE Y. JOVELO, CPA DR. NEMIA V. YORAC

Name of Faculty Dean of Instruction