These are the details and scopes of the course curriculum accounting

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COURSE SYLLABUS IN _________________________
BUSINESS ADMINISTRATION
2nd Semester, S.Y 2021 – 2022
COURSE SYLLABUS
COURSE INFORMATION
COURSE CODE ACCTG 101
COURSE TITLE (BASIC ACCOUNTING) ACCOUNTING FOR BUSINESS ENTERPRISE
COURSE CREDIT 3 UNITS
CLASS HOURS 54 HOURS
COURSE PREREQUISITE/
CO-REQUISITE
NONE
COURSE SCHEDULE
UNIVERSITY VISION, MISSION, QUALITY POLICY, INSTITUTIONAL OUTCOMES AND PROGRAM OUTCOMES
UNIVERSITY VISION To become an ASEAN Premier State University by 2025.
UNIVERSITY MISSION
The Pangasinan State University, through instruction, research, extension and production, commits to develop highly principled, morally
upright, innovative and globally competent individuals capable of meeting the needs of industry, public service and civil society.
QUALITY POLICY The Pangasinan State University shall be recognized as an ASEAN premier state university that provides quality education and satisfactory
service delivery through instruction, research, extension and production.
We commit our expertise and resources to produce professionals who meet the expectations of the industry and other interested parties in
the national and international community.
We shall continuously improve our operations in response to changing environment and in support of the institution’s strategic direction.
INSTITUTIONAL
OUTCOMES
The Pangasinan State University Institutional Learning Outcomes (PSU ILO) are the qualities that PSUnians must possess. These outcomes
are anchored on the following core values: Accountability and Transparency, Credibility and Integrity, Competence and Commitment to
Achieve, Excellence in Service Delivery, Social and Environmental Responsiveness, and Spirituality – (ACCESS).
Anchored on these core values, the PSU graduates are able to:
1. Demonstrate through institutional mechanisms, systems, policies, and processes which are reflective of transparency, equity,
participatory decision making, and accountability;
PANGASINAN STATE UNIVERSITY
J
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
San Carlos City, Pangasinan

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2. Engage in relevant, comprehensive and sustainable development initiatives through multiple perspectives in decisions and actions
that build personal and professional credibility and integrity.
3. Set challenging goals and tasks with determination and sense of urgency which provide continuous improvement and producing
quality outputs leading to inclusive growth;
4. Exhibit life-long learning and global competency proficiency in communication skills, inter/interpersonal skills, entrepreneurial skills,
innovative mindset, research and production initiatives and capability in meeting the industry requirements of local, ASEAN and
international human capital market through relevant and comprehensive programs;
5. Display, socially and environmentally responsive organizational culture, which ensures higher productivity among the university
constituents and elevate the welfare of the multi-sectoral communities and;
6. Practice spiritual values and morally upright behavior which promote and inspire greater harmony to project a credible public image.
PROGRAM OUTCOMES GRADUATE
ATTRIBUTES
PROGRAM OUTCOMES PERFORMANCE INDICATORS
Nationalistic,
Culture Sensitive
A. Promote deep sense
of nationalism and pride in
the students’ own culture
and national identity.
Loyal to his/her country and very proud to represent the country’s culture
and products
Lifelong learner B. Apply key theories,
models and applications
that underlie each of the
functional areas of
business within the local
and global business
context that supports and
facilitates an appreciation
of lifelong professional
development
Conduct needs assessment of the market
Eloquent C. Communicate effectively
with stakeholders using
oral, writing, and electronic
documentation skills.
Express ideas confidently in oral and written form
Socially and
Environmentally
Responsible
D. Work effectively and
efficiently in collaborative
activities with stakeholders
and diverse team
composition with minimal
supervision
Can collaborate effectively with his/her team members
Objective E. Analyze the business
environment using the
appropriate decision
making tools to critically,
Able to identify the needs of the market using Michael Porter’s Model,
SWOT, etc.

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analytically, and creatively
solve problems and drive
results
Socially and
Environmentally
Responsible
H.Exercise strong
corporate citizenship and
social responsibility to
preserve the Filipino
values, moral and ethical
standards in times of rapid
development, urbanization
and technological
advancement
Provide knowledge based on the community
Lifelong learner G. Apply technology
effectively and efficiently as
required by the business
environment to enable
business growth,
development and
sustainability
Technologically adept with the state of the art office facilities and equipment
PROGRAM OUTCOMES SPECIFIC FOR MARKETING MANAGEMENT
Knowledgeable H. Articulate and discuss
the latest trends and
developments in Business
and the emerging industry
particularly in the field of
marketing that drive
innovation
Can formulate concepts and models to enhance further the operations of the
business
Socially and
Environmentally
Responsible
I. Identify and meet the
changing needs of clients,
employers, customers, and
markets.
Actively involved in professional organizations and regularly comply with the
requirements set by the organization
Knowledgeable J. Prepare business-related
plans such as marketing,
business and product
development plans.
Can prepare and analyse business proposal for future business expansion
or projects
Knowledgeable
and ethical
K. Identify and manage
risk using ethical
approaches when
developing solutions to
- Can perform situation audit to improve further the operations of the
business

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business/marketing
problems and challenges
- Be able to comply with the standards set by the National
Government and other instrumentalities of the Government
Knowledgeable A. Conduct feasibility
study and marketing
research
Can identify appropriate business opportunities to venture into
COURSE DESCRIPTION
This course provides an introduction to accounting, within the context of business and business decisions. Students explore the basic structure of accounting
information found in financial statements and annual reports. It also helps the students identify what are the journalizable transactions, how to record business
transactions in chronological order, and it also guides the students in preparing financial statements such as the statement of financial performance, statement
of financial position, statement of cash flows, and statement of changes in owner’s equity. This course starts with a discussion of accounting thought and the
theoretical background of accounting and the accounting profession. The next topic is the accounting cycle-recording, handling and summarizing accounting
data, including the preparation and presentation of financial statements for merchandising and service companies. Emphasis is placed on understanding the
reasons underlying basis accounting concepts and providing students with an adequate background on the recording, classification, and summarization
functions of accounting to enable them to appreciate the varied uses of accounting data. At the end of this course, the students would be able to formulate
their own financial statements and understand the daily transactions of business ventures.
COURSE OUTCOMES
COURSE OUTCOMES (CO) PROGRAM OUTCOMES CODE (PO)
1. Understand fundamental accounting concepts and principles. PO1, PO2
2. Develop the capability to perform accounting function: recognition, valuation and measurements. PO1, PO2
3. Analyze business transactions using source documents and describe the effects on the accounting
equation.
PO1, PO2, PO5
4. Demonstrate the recording, posting, preparation of trial balance and adjusting entries. PO1, PO2, PO5
5. Prepare and explain the purpose of the financial statements. PO1, PO2, PO5, PO7,
6. Illustrate accounting system of merchandising concern. PO1, PO2, PO5, PO7
7. Perform other related business transactions such as bank reconciliation and financial ratio
analysis.
PO1, PO2, PO3, PO4, PO5

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COURSE LEARNING PLAN
Course
Outcome/s
Learning Outcomes Topics Hours
Learning Activities
(Face-to-Face and
Remote Teaching)
Learning Materials and
Platform
Assessment
CO1 1. Recognize accounting as a
potential career to look
forward to identify the
various expertise a
graduate person may
practice after finishing his
bachelor’s degree in
Business Administration
2. Identify and understand the
various definitions of
accounting and the
concepts involved including
the processes and
principles by which
accounting information is
prepared.
3. Name the forms and types
of business organization
and explain each
4. Identify the various users
of financial statements and
their interest in the said
statements.
LESSON 1: INTRODUCTION
A. Basic Accounting
B. Definitions of Accounting
C. Nature of Accounting
D. Functions of Accounting
E. Users of Accounting
F. Branches of Accounting
G. Forms of Business Organization
3
hours
Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment

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COURSE SYLLABUS IN _________________________
CO1,
CO2,CO7
1. Explain the different
accounting concepts and
principles used in
processing accounting
information
2. Identify and understand
the fundamental qualities
of accounting
LESSON 2: ACCOUNTING CONCEPTS
AND PRINCIPLES
A. Basic Assumptions in Accounting
B. Basic Principles of Accounting
C. Fundamental Qualities of
Accounting
6 hours Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment
CO3, CO4,
CO5
1. Understand the
significance of accounting
equation and learn the
normal balances of
accounts
2. Identify and understand
the different forms financial
statements
3. Identify the various
account titles used in
accounting for business
transactions
LESSON 3: ACCOUNTING EQUATION
A. Basic Financial Statements
B. Elements of Financial Statements
C. Definitions, Classifications, and
Examples of Accounts
3 hours Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment
CO1, CO3,
CO4, CO5 1. Understand the use and
coverage of accounting
information system
2. Determine the methods of
processing accounting
information
3. Identify business
transactions and events
that are recordable
4. Differentiate and
understand the double
entry system and single
entry system
5. Identify the different
journals where voucher
entries are recorded and
learn how to sue the said
journals
6. Understand the use of T-
account
LESSON 4: ACCOUNTING INFORMATION
SYSTEM AND DOUBLE-ENTRY SYSTEM
A. Accounting Information System
B. Importance of Accounting
information System
C. Coverage of Accounting
Information System
D. Methods of Processing Accounting
Information
E. Business Transactions and Events
F. The Double Entry vs. Single-Entry
Systems
G. The Financial Transaction
Worksheet
H. The T-Account
I. Classification of Journal Books
J. The Classification of Activities
3 hours Remote Teaching Modules, Online Class/ MS
TEAMS
Recitation, Quiz,
Assignment

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CO1, CO5,
CO4
1. Understand the normal
balances of accounts
2. Understand and determine
the importance of
accounting equation
3. Determine the rule of debit
and credit
4. Identify business activities
and its proper recording
LESSON 5: ANALYZING AND
SUMMARIZING BUSINESS
TRANSACTIONS
A. The Normal Balance of Accounts
B. The Rule of Debit and Credit
C. The Basic Accounting Equation
D. The Expanded Accounting
Equation
E. Business Activities
6 hours Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment
CO2, CO4,
CO5
1. Be able to record the
transactions in
chronological order
2. Identify and determine the
journal entries
3. Identify the classification
and forms of journal
entries
LESSON 6: RECORDING BUSINESS
TRANSACTIONS
A. The Recording Process
B. Forms of Journal Entry
C. Classification of Journal Entries
6 hours Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment
CO2,
CO3,CO4
1. Understand the need for
adjusting entries
2. Identify the proper
measurement of income
3. Analyze the proper
amount on income at the
end of the year
LESSON 7: MEASURING BUSINESS
INCOME: RECORDING ADJUSTMENTS
A. Measuring Business Income
B. Basic Adjusting Entries
C. Methods of Estimating Doubtful
Accounts
D. Bank Account Reconciliation
3 hours Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment
CO4, CO5 1. Be able to complete the
accounting cycle
2. Be able to post adjusting
entries and closing entries
at the end of the year
3. Be able to do post-closing
trial balance
4. Be able to do reversing
entries at the beginning of
the next accounting period
LESSON 8: COMPLETING THE
ACCOUNTING CYCLE
A. The Accounting Cycle
B. Posting Adjusting Entries and
Closing Entries
C. Closing Entries of Nominal
Accounts
D. Post-Closing Trial Balance
E. Reversing Entries
6 hours Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment

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CO4, CO5,
CO7
1. Learn how to prepare
correcting entries
2. Identify accounting errors
and how to correct them
3. Differentiate perpetual
balancing errors and
counter-balancing errors
LESSON 9: CORRECTING ENTRIES
A. Nature of Correcting Entries
B. Classification of Accounting Errors
as to Nature or Form
C. Discovery of Errors and Their
Appropriate Corrections
D. Summary of Accounting Errors as
to Account Affected
E. Perpetual Vs. Counter-Balancing
Errors
6 hours Remote Teaching Modules, Online Class/ MS
TEAMS
Recitation, Quiz,
Assignment
CO2,
CO3,CO4
1. Understand the nature of
service business
2. Identify service activities
3. Journalize transactions of
service business
LESSON 10: ACCOUNTING FOR
SERVICING BUSINESS
A. Nature of a Service Business
B. Accounting for Service Business
3 hours Remote Teaching Modules, Online Class/MS
TEAMS
Recitation, Quiz,
Assignment
CO3, CO6 1. Understand the nature of
merchandising business
2. Identify merchandising
activities
3. Journalize transactions for
a merchandising concern
4. Prepare adjusting entries
for merchandise inventory
account
5. Identify purchases and
their contra-purchase
account, including the
freight arrangement
LESSON 11: ACCOUNTING FOR
MERCHANDISING BUSINESS
A. Nature of a Merchandising
Business
B. Major Business Activities
C. Trade Discount vs. Cash Discount
D. Cost of Transportation
E. Inventory Valuation
F. Adjusting and Closing Entries
3 hours Remote Teaching Modules, Online Class/ MS
TEAMS
Recitation, Quiz,
Assignment
CO2, CO3,
CO4
1. Understand the nature of
manufacturing business
activities
2. Journalize manufacturing
business transactions
LESSON 12: ACCOUNITNG FOR
MANUFACTURING BUSINESS
A. Nature of Manufacturing Business
B. Costs Elements of Manufacturing
Business
C. Prime Costs and Conversion Costs
D. Costs vs. Non-Costs System
3 hours Remote Teaching Modules, Online Class/ MS
TEAMS
Recitation, Quiz,
Assignment

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CO1, CO2,
CO3, CO4
1. Understand and identify
tax accounting
2. Define what is tax
accounting
3. Determine different
employees benefits and
pay
LESSON 13: TAXES AND PAYROLL
ACCOUNTING
A. Tax Accounting
B. Accounting for Taxes
C. Payroll Accounting
D. The Employee’s Pay
3 hours Remote Teaching Modules, Online Class, MS
TEAMS
Recitation, Quiz,
Assignment
FINAL EXAMINATIONS……
COURSE REFERENCES AND SUPPLEMENTAL READINGS
A. Books and E-books
Books:
Ferrer, Rodiel C. Millan, Zeus Vernon B.(2017). Fundamentals of Accountancy, Business and
Management Part 1
Ferrer, Rodiel C. Millan, Zeus Vernon B. (2017). Fundamentals of Accountancy, Business and
Management Part 2
Frias, Solita A. Pefianco, Erlinda C. (2016). Fundamentals of Accountancy, Business, and
Management: A Textbook in Basic Accounting 2
Ballada, Win, Basic Accounting
Aliling, Leonardo E., MBA,CPA.2013. Fundamentals of Basic Accounting.
C. Electronic Sources
https://www.google.com/searchcorrectingaccounting errors
B. Journals/Magazines
COURSE REQUIREMENTS
1. Papers (Essay)
2. Homework (activity sheets)

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3. Quiz
4. Attendance
5. Recitation
6. Preparation of financial statements
a. Statement of Financial Performance
b. Statement of Cash Flows
c. Statement of Financial Position
d. Statement of Changes in Owner’s Equity
7. Major Examinations: Midterm and Final.
ASSESSMENT AND GRADING
Final Grade = ½ Midterm Grade + ½ Final Grade
Midterm Grade= 50% Final Grade= 50%
Midterm Exam-40% Final Exam- 40%
Attendance Attendance
Recitation Recitation
Quizzes - 30% Quizzes - 30%
Home-based Requirements- 30% Home-based Requirements- 30%
COURSE POLICIES AND EXPECTATIONS
Lecture Class Policies (Online Class)
1. Wear a decent casual dress during web conference.
2. No foul words during online discussions.
3. Observe punctuality and courtesy.
4. Private conversations during web conferencing are not allowed.
5. Respect shall be observed for the teacher and students.
6. Cheating and plagiarism not tolerated.

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7. On-time submission of requirements as agreed during class orientation. Late assignments submitted shall bear necessary equated deductions in merit points.
8. Class attendance is compulsory for discussion, participation and examinations.
9. Missed examinations shall be granted only on valid excuse and reason.
10. Withdrawals of courses enrolled shall follow university rules.
FACULTY CONTACT INFORMATION
NAME
DESIGNATION
MOBILE PHONE NUMBER
E-MAIL ADDRESS
CONSULTATION
SCHEDULE
OFFICE LOCATION BUSINESS ADMINISTRATION DEPARTMENT
Prepared by:
NERINESSA B. SANTIAGO, DBA
Faculty
Checked by:
Department Chairperson
Recommended by:
College Dean
Approved:
Campus Executive Director