University of La Salette,Inc.

College of Accountancy
Santiago City

TABLE OF SPECIFICATION

Course No: PCOA 006 Descriptive Title: Intermediate Accounting 1 No. of Copies: _________ 2nd Semester, School Year 2019-2020

[ X ] PRELIM [ ] MIDTERM [ ] FINAL

SKILLS IN
PERCENTAGE
SUBJECT MATTER LEARNING OUTCOMES REMEMBERS UNDERSTANDS APPLIES ANALYSES EVALUATES CREATES MEASURING POINTS
CONSTRUCTION
 Identify and describe the features of a
sound system or management and
control of cash with curiosity.
CAH AND CASH EQUIVALENT
 Analyze the differences between the
 Nature and composition of cash
and cash equivalents. bank and book balances identify the
different reconciling items with
 Recognition and Measurement of
professional skepticism. Part 1 (7) Part 1 (4) Part 2 (3) 14
Cash
 Identify appropriate financial
 Compensating balance
statement presentation and required
requirement
disclosures wit fully.
 Accounting of Petty Cash Fund
 Journalize transactions relating to
petty cash fund knowledgeably.

BANK RECONCILIATION  Able to prepare a bank reconciliation

statement at a single date and two
 Bank reconciliation at a single
dates. Part 1 (8) Part 2 (2) 10
date and two dates.
 Proof of Cash

ACCOUNTING FOR  Determine and compute net realizable

RECEIVABLES
 Definition, nature and
classification of receivables.
 Accounting for accounts
receivables
a. Recognition
b. Initial Measurement and
value of accoutsreceivable with
mastery.
 Identify and evaluate critically the two
Part 1 (23) Part 1 (8) Part 2 (5) 36
methods of accounting for
uncollectible accounts in terms of their
effects on income and current assets.
 Identify and evaluate critically the
 valuation at net realizable
value
c. Approaches to recognizing
methods of uncollectible
receivables.
d. Methods of estimating
uncollectible accoutnts.
 Accounting for notes
receivable
a. Definition and types of
promissory notes.
b. Recognition
c. Initial measurement and
valuation at present
value.
 Receivable financing
arrangements
 Financial statement
presentation and disclosure.
 Internal control measures for
receivables.
 TOTAL
 
methods of estimating uncollectible
accounts.
 Determine and compute the present
value of notes receivable under the
general rule and special rules patiently
and intelligently.
 Identify financial statement
presentation and required disclosures
relating to receivables with
enthusiasm.
 Know the internal control measures
over receivables with deep
understanding.
 Identify the instances where
derecognition of receivables is
appropriate.
 Compute the impairment loss and
reversal.
 Apply the initial and subsequent
measurent of notes receivables
through problem solving.
 Know how to compute for present
value factors and how to properly
apply them.
 Illustrate how to prepare amortization
tables and know how to compute for
the effective interest rate.
 Explain and evaluate critically the
methods of receivable financing and
know how the accounting for each of
the common forms of receivable
financing.
 38 12 10 60
 

Prepared By:

JENYLYN A. MALABAD, CPA, CTT

Accounting Instructor

CHARISH JANE A. CARREON, CPA, MBA

Accounting Instructor

HAYKA ELAINE CUBELO, CPA

Accounting Instructor