PAMANTASANNG LUNGSOD NG VALENZUELA

Poblacion II, Malinta Valenzuela

UNIVERSITY MISSION STATEMENT

To provide the citizens of Valenzuela an efficient and effective institution of higher learning that will make them
skillful, productive, competent, civic-minded and God-loving toward a peaceful, healthy and progressive city
UNIVERSITY VISION STATEMENT
A dynamic center for the development of competent and competitive human resource as foundation for growth and
advancement of the City of Valenzuela

FUNDAMENTALS OF ACCOUNTANCY, BUSINESS & MANAGEMENT 2

Course Title
ABM_FABM2
Course Code

Credit Unit 4Units

FUNDAMENTALS OF ACCOUNTANCY, BUSINESS & MANAGEMENT 1
Course Pre-requisite
The course deals with the preparation and analysis of financial statements of a service business and merchandising busines
using horizontal and vertical analyses and financial ratios. Knowledge and skills in the analysis of financial statements will ai
Course Description the future entrepreneurs in making sound economic decisions.

Upon completion of this course, the learners are expected to:

1. Demonstrate knowledge, skills and positive attitudes to the concepts and principles of financial statement presentatio
analysis and interpretation.
2. Identify and differentiate the Journal and the Ledger.
Course Objectives 3. Manifest understanding on how basic source documents related to bank deposits are prepared and used in accounting.
4. Demonstrate knowledge and skills in completing an accounting practice set.
5. Manifest understanding of the principles of income and business taxation.

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 I. DETAILED COURSE OUTLINE

Learning Goals Content Topic Learning Outcomes OBE Methodologies Time Allotment Evaluative
Measures
FIRST GRADING COVERAGE 20 hrs.
The learners shall STATEMENT OF The learners are 1. Lecture/PowerPoint 8 hrs. 1. Seat works
be able to solve FINANCIAL expected to be able to: presentation 2. Recitation
exercises and POSITION 1. Identify the 2. Application of 3. Assignments
problems that 1. The complete set elements of the concepts 4. Quizzes
require preparation of financial SFP and describe 3. Classroom Q&A
of an SFP for a statements each of them.
single proprietorship 2. The statement of 2. Classify the
with proper financial position elements of the
classification of 3. Elements of the SFP into current
accounts as current SFP and noncurrent
and noncurrent 4. Current and items.
using the report Noncurrent 3. Prepare the SFP of
form and the assets and a single
account form liabilities proprietorship.
5. Line items in the 4. Prepare an SFP
SFP using the report
6. Forms of SFP form and the
account form with
proper classification
of items as current
and noncurrent.
The learners shall STATEMENT OF The learners are 1. Lecture/PowerPoint 8 hrs. 1. Seat works
be able to solve COMPREHENSIVE expected to be able to: presentation 2. Recitation
exercises and INCOME 1. Identify the 2. Application of 3. Assignments
problems that 1. The statement elements of the SCI concepts 4. Quizzes
require preparation of and describe each 3. Classroom Q&A
of SCI for a service comprehensive of these items for a
business and a income service business
merchandising 2. Income and a
business statement vs. merchandising
Statement of business.
comprehensive 2. Prepare an SCI for
income a service business
3. Single- using the single-

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 statement and step approach.
Two-statement 3. Prepare an SCI for
presentations a merchandising
4. Elements of the business using the
SCI multistep approach.
5. Presentation of
expenses

The learners shall STATEMENT OF The learners are 1. Lecture/PowerPoint 2 hrs. 1. Seat works
be able to solve CHANGES IN expected to be able to: presentation 2. Recitation
exercises and EQUITY 1. Discuss the 2. Application of 3. Assignments
problems that 1. The statement different forms of concepts 4. Quizzes
require preparation of changes in business 3. Classroom Q&A
of an SCE for a equity organization
single proprietorship 2. Prepare an SCE for
a single
proprietorship

FIRST GRADING EXAMINATION 2 hrs.

Sub-total hrs. 20 hrs.
SECOND GRADING COVERAGE 20 hrs.
The learners shall STATEMENT OF The learners are 1. Lecture/PowerPoint 6 hrs. 1. Seat works
be able to solve CASH FLOWS expected to be able presentation 2. Recitation
exercises and 1. The statement to: 2. Application of 3. Assignments
problems that of cash flows 1. Discuss the concepts 4. Quizzes
require preparation 2. Presentation of components and 3. Classroom Q&A
of a CFS the statement structures of a
of cash flows CFS.
3. Reporting of 2. Prepare a CFS.
cash flows from
operating
activities
4. Reporting of
cash flows from
investing and
financing
activities

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The learners shall ANALYSIS AND The learners are 1. Lecture/PowerPoint 8 hrs. 1. Seat works
be able to solve INTERPRETATION expected to be able presentation 2. Recitation
exercises and OF FINANCIAL to: 2. Application of 3. Assignments
problems that STATEMENTS 1. Define the concepts 4. Quizzes
require 1. Financial measurement 3. Classroom Q&A
computation and statement levels, namely,
interpretation using analysis liquidity, solvency,
horizontal analysis, 2. Methods of stability, and
vertical analysis, financial profitability.
and various statement 2. Perform vertical
financial ratios analysis and horizontal
3. Horizontal and analyses of
Vertical financial
analyses statements of a
4. Financial ratio single
analysis proprietorship.
3. Compute and
interpret financial
ratios such as
current ratio,
working capital,
gross profit ratio,
net profit ratio,
receivable
turnover,
inventory
turnover, debt-to-
equity ratio, and
the like.
The learners shall ACCOUNTING The learners are 1. Lecture/PowerPoint 4 hrs. 1. Seat works
be able to prepare BOOKS – expected to be able presentation 2. Recitation
journal entries for JOURNAL AND to: 2. Application of 3. Assignments
basic business LEDGER 1. Differentiate the concepts 4. Quizzes
transactions; solve 1. Recording journal from the 3. Classroom Q&A
exercises and 2. Classifying general ledger.
problems that 3. Summarizing 2. Determine the
require using the t- normal balance of
account an account.
3. Prepare journal
entries to record
basic business
transaction.
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 4. Determine
balances of
accounts using the
T-account.

SECOND GRADING EXAMINATION 2 hrs.

Sub-total hrs. 20 hrs.
THIRD GRADING COVERAGE 20 hrs.
The learners shall BASIC The learners are 1. Lecture/PowerPoint 4 hrs. 1. Seat works
be able to prepare DOCUMENTS AND expected to be able presentation 2. Recitation
samples of bank TRANSACTIONS to: 2. Application of 3. Assignments
account forms and RELATED TO 1. Identify the types concepts 4. Quizzes
documents in class BANK DEPOSITS of bank accounts 3. Classroom Q&A
and discuss their 1. Types of bank normally
uses and accounts maintained by a
importance 2. Deposits and business.
withdrawals 2. Differentiate a
3. Preparation of savings account
checks from a current or
4. Bank statement checking account.
3. Prepare bank
deposit and
withdrawal slips.
4. Identify and
prepare checks.
5. Identify and
understand the
contents of a bank
statement.

The learners shall BANK The learners are 1. Lecture/PowerPoint 6 hrs. 1. Seat works
be able to solve RECONCILIATION expected to be able presentation 2. Recitation
exercises and 1. Bank to: 2. Application of 3. Assignments
problems involving reconciliation 1. Describe the concepts 4. Quizzes
the following: statement nature of a bank 3. Classroom Q&A
1. identification of 2. Pro forma bank reconciliation
the proper reconciliation statement.
treatment of 3. Basic internal 2. Identify common
reconciling controls over reconciling items
items in the cash and describe each

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 bank of them.
reconciliation 3. Analyze the effects
statement of the identified
2. preparation of a reconciling items.
bank 4. Prepare a bank
reconciliation reconciliation
statement statement.

The learners shall ACCOUNTING The learners are 1. Lecture/PowerPoint 8 hrs. 1. Seat works
be able to prepare PRACTICE SET expected to be able presentation 2. Recitation
basic business to: 2. Application of 3. Assignments
forms and 1. Perform the steps concepts 4. Quizzes
documents, such as in the accounting 3. Classroom Q&A
official receipts, cycle, from
vouchers, sales preparation of
invoice, purchase documents to the
invoice, delivery preparation,
receipts, purchase analysis, and
order, and interpretation of
withdrawal and financial
deposits slips; statements
and complete and
submit the
accounting practice
set for a
merchandising
business
THIRD GRADING EXAMINATION 2 hrs.
Sub-total hrs. 20 hrs.

FOURTH GRADING COVERAGE 20 hrs.

The learners shall INCOME AND The learners are 1. Lecture/PowerPoint 18 hrs. 1. Seat works
be able to BUSINESS expected to be able presentation 2. Recitation
accomplish the BIR TAXATION to: 2. Application of 3. Assignments
(Bureau of Internal 1. Purposes of 1. Define income and concepts 4. Quizzes
Revenue) forms taxation business taxation 3. Classroom Q&A
2. Principles of and its principles
sound tax and processes.
system 2. Prepare the list of
3. Income vs. sources of gross

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 Business tax income from
4. Classification of compensation and
individual tax gross income from
payers business, and the
5. Income taxation corresponding
6. Business personal and
taxation additional
deductions.
3. Explain the
procedure in the
computation of
gross taxable
income and tax
due.
4. Prepare the BIR
forms.
5. Explain the
principles and
purposes of
taxation.
6. Distinguish
individual from
business taxation.
7. Compute the gross
taxable income
and tax due.

FOURTH GRADING EXAMINATION 2 hrs.

Sub-total hrs. 20 hrs.
TOTAL HRS. 80 HRS.

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