K to 12 BASIC EDUCATION CURRICULUM

SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

Grade: 11 Semester: 2nd Semester

Course Title: Fundamentals of Accountancy, Business and Management 1 No. of Hours/ Semester: 80 hours/ semester

Course Description: This is an introductory course in accounting, business, and management data analysis that will develop students’ appreciation of accounting as a language of business
and an understanding of basic accounting concepts and principles that will help them analyze business transactions.

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

1. Introduction to The learners demonstrate an The learners shall be able to… Th e learners… define ABM_FABM11-
Accounting understanding of… cite 1. accounting IIIa-1
specific examples in 2. describe the nature of ABM_FABM11-
the definition, nature, function, de which accounting is used in accounting IIIa-2
and history of making business cisions 3. explain the functions of ABM_FABM11-
accounting accounting in business IIIa-3
4. narrate the history/origin of ABM_FABM11-
accounting IIIa-4
2. Branches of the varied branches and areas 1. make a list of business within the 1.
Accounting of accounting, particularly community on the types of
differentiate the branches of ABM_FABM11-
1. financial accounting accounting services they require solve accounting IIIa-5
2. management accounting 2. exercises in the identification of the
3. government accounting branches of accounting described
4. auditing through the types of services 2.
5. tax accounting rendered explain the kind/type of
ABM_FABM11-
6. cost accounting services rendered in each of
IIIa-6
7. accounting education these branches
8. accounting research
the external and internal users solve exercises and problems on the 1. define external users and ABM_FABM11-
3. Users of Accounting
of financial information identification of users of information,
Information gives examples IIIa-7
type of decisions to be made, and

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

1. type of information needed by the 2.

users
cite users of financial information define internal users and ABM_FABM11-
give examples IIIa-8

2.

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

and identify whether they are 3. identify the type of

ABM_FABM11-
external or internal users decisions made by each
IIIa-9
group of users
4. describe the type of
ABM_FABM11-
information needed by each
IIIa-10
group of users
4. Forms of Business the various forms of business 1. differentiate the forms of business 1.
Organizations organization, as follows: organization in terms of nature of differentiate the forms of ABM_FABM11-
1. sole / single ownership make a list of existing business organization IIIb-11
proprietorship 2. business entities in their community
2. partnership and identify the form of business 2. identify the advantages and ABM_FABM11-
3. corporation organization disadvantages of each form
IIIb-12
4. cooperatives
5. Types of Business the types of business according 1. differentiate the types of business 1. compare and contrast the
ABM_FABM11-
According to to activities, particularly: according to activities types of business according
IIIb-13
Activities 1. service business to activities
2. merchandising business 2. make a list of businesses in 2. identify the advantages,
3. manufacturing business their community according to disadvantages, and ABM_FABM11-
their activities business requirements of IIIb-14
each type

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

6. Accounting Concepts accounting concepts identify generally accepted accounting 1. explain the varied
ABM_FABM11-
and Principles and principles accounting concepts and
IIIb-c-15
principles principles
2. solve exercises on
ABM_FABM11-
accounting principles as
IIIb-c-16
applied in various cases
7. The Accounting the accounting equation solve problems applying the accounting 1. illustrate the accounting ABM_FABM11-
Equation equation equation IIIb-c-17

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

2. perform operations
involving simple cases with ABM_FABM11-
the use of accounting IIIb-c-18
equation
8. Types of Major the five major accounts, define, identify, and classify accounts 1. discuss the five major ABM_FABM11-
Accounts namely, according to the five major types accounts IIId-e-19
1. assets 2. cite examples of each type ABM_FABM11-
2. liabilities of account IIId-e-20
3. capital 3. prepare a Chart of ABM_FABM11-
4. income Accounts IIId-e-21
5. expenses
9. Books of Accounts the two major types of books of differentiate a journal from a ledger and 1. identify the uses of the ABM_FABM11-
accounts, namely, journal and identify the types of journals and ledgers two books of accounts IIIf-22
ledger 2. illustrate the format of a
ABM_FABM11-
general and special
IIIf-23
journals
3. illustrate the format of a
ABM_FABM11-
general and subsidiary
IIIf-24
ledger

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

10. Business the business transactions and identify business and nonbusiness 1. describe the nature and
ABM_FABM11-
Transactions and their analysis, to include transactions, enumerate the types of gives examples of
Their Analysis definition and nature of IIIg-j-25
business documents, recite the rules of business transactions
As Applied to the business transactions, types of debit and credit, and apply these to simple 2. identify the different
Accounting Cycle of source or business documents, ABM_FABM11-
cases types of business
a Service Business and the rules of debits and IIIg-j-26
documents
a. Rules of credits 3. analyze common
Debits and
Credits business transactions ABM_FABM11-
b. Journalizing using the rules of debit IIIg-j-27
c. Posting and credit

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

d. Preparation of 4. solve simple problems

a Trial Balance and exercises in the ABM_FABM11-
analyses of business IIIg-j-28
transaction
11. Business the accounting cycle of a identify business and nonbusiness 1. describes the nature of
ABM_FABM11- IVa-
Transactions and Their service business transactions, enumerate the types of transactions in a service
d-29
Analysis As Applied to business documents, recite the rules of business
the Accounting Cycle of a debit and credit, and apply these in simple 2. records transactions of
Service Business ABM_FABM11-
cases a service business in
a. Adjusting Entries IVa-d -30
the general journal
b. Adjusted Trial
3. posts transactions in ABM_FABM11-
Balance
the ledger IVa-d -31
c. Preparation of
ABM_FABM11-
Basic Financial 4. prepares a trial balance
IVa-d -32
Statements
5. prepares adjusting ABM_FABM11-
(Income
entries IVa-d -33

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

Statement) 6. complete the ABM_FABM11-

12. Accounting Cycle
of a Merchandising
Business
accounting cycle IVa-d -34
the accounting cycle of a prepare journal entries, post to the 1.
merchandising business to ledger, prepare the trial balance,
describes the nature of
include the following: worksheet, adjusting entries and ABM_FABM11-
complete the accounting cycle of a transactions in a
1. Journalizing of transactions IVe-j -35
merchandising business. merchandising business
using the general and
special journals, namely:
sales journal, purchase 2. records transactions of
journal, cash receipts a merchandising ABM_FABM11-
journal and cash business in the general IVe-j-36
payments journal and special journals

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

2. Posting to the ledger, 3. posts transactions in the

ABM_FABM11-
namely: general and general and subsidiary
subsidiary ledgers IVe-j -37
ledgers
3. Preparation of trial balance ABM_FABM11-
4. Adjusting entries to include 4. prepares a trial balance
IVe-j -38
pre payments, accrual and
5. prepares adjusting ABM_FABM11-
deferral
entries IVe-j -39
5. Worksheet preparation, and
6. Completing the accounting 6. completes the
ABM_FABM11-
cycle of a merchandising accounting cycle of a
IVe-j -40
business merchandising business

7. prepares the Statement of

ABM_FABM11-
Cost of Goods Sold and
IVe-j -41
Gross Profit

K to 12 Senior High School ABM Specialized Subject – Fundamentals of Accountancy, Business and Management 1 December 2013 Page 5 of 6
 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

Code Book Legend

Sample: ABM_FABM11-IIIa-5

LEGEND SAMPLE

Learning Area and Strand/ Subject or Accountancy, Business and Management

Specialization Strand

First Entry
Grade Level Grade 11 ABM_FABM11

Fundamentals of Accountancy, Business

Domain/Content/
Uppercase Letter/s and
Component/ Topic
Management 1
-

Roman Numeral
Quarter Third Quarter III
*Zero if no specific quarter

Lowercase Letter/s
*Put a hyphen (-) in between letters to indicate Week Week one a
more than a specific week
-

Arabic Number Competency differentiate the branches of accounting 5

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