COURSE SYLLABUS IN IC-101 PRINCIPLES OF ACCOUNTING 2

SANTO TOMAS COLLEGE OF AGRICULTURE, SCIENCES AND TECHNOLOGY BACHELOR OF PUBLIC ADMINISTRATION

VISION PROGRAM PHILOSOPHY

The Santo Tomas College of Agriculture, Sciences and Technology (STCAST) is a Public Administration is a degree program that prepares people for careers in public
premier local institution in Southeast Asia. administration and governance for the public interest. It is also a formation course for
students who want to devote themselves to public service in government and civil society
MISSION organizations.

1. Infuse wholesome values (Core Values) to the teaching and non-teaching GOALS
staff of STCAST.
2. Equip graduates with knowledge, skills and attitudes towards global This program aims to provide its graduates with the following:
competitiveness.
1. Adequate knowledge and understanding of fundamentals of good governance;
VALUES 2. High appreciation for the demands and challenges of public service;
3. High ethical values for public service, accountability, nationalism, and
EFFICIENCY, EXCELLENCE, PERSEVERANCE, HUMANENESS, INTEGRITY sustainability;
4. Strong sense of duty to promote and protect public interest especially for the
INSTITUTIONAL GOALS depressed and marginalized communities;
5. Adequate skills in management including planning, implementation, monitoring,
The Santo Tomas College of Agriculture, Sciences and Technology commits to: material and resource management for government and civil society
1. Provide a quality, industry-needed and tailor-fit educational program; organizations; and
2. Espousing an Educational and cultural excellence; 6. Adequate ability to engage in scientific research and national decision-making.
3. Instituting sufficient human and financial resources and compliant facilities;
4. Institutionalizing research culture across disciplines;
5. Establish collaboration among stakeholders and members where respect,
values, support are paramount; and
6. Implement programs for community improvement and development.

Form No.
Republic of the Philippines Issue
Region XI Revision
Commission on Higher Education Date
SANTO TOMAS COLLEGE OF AGRICULTURE, SCIENCES AND TECHNOLOGY Effective
Feeder Road 4, Brgy. Tibal-Og, Santo Tomas, Davao del Norte, 8112, Philippines
Approved

BACHELOR OF PUBLIC ADMINISTRATION IC-101 PRINCIPLES OF ACCOUNTING 2 page. 1

 PROGRAM EDUCATIONAL OBJECTIVES (PEO)
Ref. CMOs: CMO No. 6, s.2010, CMO 4, s.2018 and CMO 20, s. 2013

POE A Develop competencies needed to become effective and service-oriented public officers and employees.
POE B Keep abreast of the developments to cope with national and global challenges affecting Philippine public administration.
POE C Develop effective oral and written skills in communication and information technology in the fields of public governance, business and related industries.
POE D Inculcate professional, social and ethical values in the conduct of public service and business for nation building.
POE E Develop ability to work effectively and independently in multi-disciplinary and multi-cultural teams with appreciation of Filipino historical and cultural heritage.
POE F Produce researches on public administration and governance in order to participate in the generation of new knowledge or in research and development projects.
Participate in community extension activities to promote cooperation in the development and provision of world-class public service and education capacity building to develop the
POE G
full role of public administration and governance.

PROGRAM OUTCOMES (PO) Performance Indicators

Upon completion of the program, the BPA students will be able to:
Demonstrate knowledge and understanding of the theory and practice of public administration and good Explain through interactive discussion, written output, and oral
PO a
governance. presentation
Articulate a comprehensive and contextualize situational
PO b Respond to the imperatives and challenges of public service in the context of Philippine global.
analysis
Exhibit ethical values for public service, adherence to the principles of accountability, responsiveness, and Apply the appropriate communication and ethical values in their
PO c
nationalism. internship training
Manifest sense of duty to promote and protect the public interest, especially for the depressed and the Explain through interactive discussion, written output, and oral
PO d
marginalized. presentation
Utilize effective and efficient tools in management including planning, organizing, leading, and controlling of Explain through interactive discussion, written output, and oral
PO e
human, material, and resource management for government and civil society. presentation
PO f Engage in scientific, multidisciplinary, and policy research and decision-making initiatives. Produce a well-documented policy paper/research paper/thesis

Course Outcomes (CO) POs aligned to:

Upon completion of the course, the students will be able to:

CO 1 Learn the different types of businesses and the various forms of organizational structure. POa, POb, POe

CO 2 Explain the concept and role of accounting and financial reporting in the market economy. POb, POc, P e
Identify and classify the different assets, liabilities capital, revenues, expenses accounts and the different types of POc, POd
CO 3
financial statements.
CO 4 Demonstrate the effects of business transactions in the expanded accounting equation. POa, POb

CO 5 Perform the major steps in the accounting cycle. POb, POc, POe

COURSE INFORMATION

BACHELOR OF PUBLIC ADMINISTRATION IC-101 PRINCIPLES OF ACCOUNTING 2 page. 2

Course Title IC-101 – Principles of Accounting 2 Workload of Students
This course introduces students to financial reporting and financial management concepts and practices. This course consists of 54 hours for a
Course The primary focus of this course is the preparation, use, and analysis of general-purpose financial semester that is divided into 3 hours
Description statements in support of any decision-making process. In addition, introduction to special journal and per week of hybrid instruction (onsite
voucher system. and online) as appropriate; assessment
Course Credits 3 units tasks, classroom and online
discussions, oral recitation, and written
Pre-requisite SP CORE 3 – Basic Accounting 1 exams. Students are encouraged to
Co-requisite None participate in scheduled synchronous
sessions and to complete assignments,
Course/ Year 2nd Year projects, quizzes, and topic reporting.
Semester/ Year 2nd Semester

FACULTY INFORMATION
Name: RONALD A. BENAGIN, MBA
E-mail Address: Naldbenagin@[Link]
Contact Information: 09978204214
Office: Faculty
Consultation Schedule: Monday to Friday 8:00 to 5:00 pm

***Students are advised to refer to the schedule of Academic Consultation of the subject instructor.

LEARNING EVIDENCE: As evidence of attaining the above learning outcomes, the student must do and submit the following:
LE 1 Course Portfolio Students must create and submit course portfolio which presents and indicates the mode of
verifications of both online and onsite classes, quizzes, examinations, oral recitations,
discussions, and reporting conducted on the subject throughout the semester.

MEASUREMENT SYSTEM Learning Evidence (LE) to Assess: (LE will depend upon the requirement required of the course)

LE : Course Portfolio Scoring Rubrics

Highest Possible Score: 50 Level 4 Level 3 Level 2 Level 1
Points 10 points – Exemplary work at 9 points – Good work, meets all 8 points – Adequate work, 6 points – Unsatisfactory, work
highest level of ability criteria lacking in some areas is inadequate and of poor
quality
All necessary contents are
Contents included (quizzes, assignments,
Missed one content from the Missed two contents from the Missed three contents from the
Based on portfolio required quizzes, examinations, oral
portfolio portfolio portfolio
items recitations, discussions and
reporting)
Statements Portfolio includes a well written Portfolio includes a thoughtful Portfolio includes a statement of Portfolio does not include
Written statement about the and thoughtful statements of the statement of the lesson/topic the lesson/topic statement of the lesson/topic

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topic/lesson lesson/topic
Portfolio shows some
Portfolio shows ingenuity and Portfolio shows some
imagination and creativity; care Portfolio is lacking creativity;
Presentation creativity; care was taken when imagination or creativity; some
was taken when photographing poor quality pictures were used
Neat and creative presentation photographing work; pictures care was taken when
work; pictures need cropped in portfolio
are cropped and high quality. photographing work
and high quality.
Use of time and effort Exemplary effort to complete Good effort to complete
Minimal effort used to create Little or no effort to create
Amount of time and effort the portfolio to best of quality; required elements of portfolio;
portfolio; time was not used well portfolio; poor use of time
expended on the portfolio made excellent use of time adequate use of class time
Growth
There is excellent growth seen There is a significant amount of
Based on the planning put into Some growth seen between
from the early pieces to the final growth from the early pieces to Little or no growth apparent
the pieces of work as well as pieces of work
product finished product
the growth from the early pieces

OTHER REQUIREMENTS AND ASSESSMENT ACTIVITIES (AA)

Assessment Activity Description and Other Details

AA1 Oral Recitation Questions are being asked and aligned with the synchronous conversation to ensure that students are on the same
page.
AA2 Short Quiz This is a short quiz given in the asynchronous activity aligning with synchronous discussion.
AA3 Examinations These are written examinations that are designed to test students’ understanding in every grading period.

GRADING SYSTEM
Article 34. For general education courses, the computation of grades are as follows (based on CMO No. 30 series 2013):
a. Long Test (Examination) 40%
b. Short Test (Quizzes) 30%
c. Class Participation 20%
d. Project, Attendance, Assignments 10%
100%
Note: A faculty may modify the criteria of grading based on his/her best lights in coordination with the concerned Program Head.
Article 35. Every subject instructor shall submit a composite two (2) days after every end of the term to the Program Head, to closely monitor the performance and standing
of the students.
Article 36. Students with failing grades are subject to the internal retention policies of a program.
Article 37. The College implements the general rule of computation of grades which are as follows:
Grading System shall be 30 based throughout the four programs.
Below is the computation:
Grade is equal to score / item multiplied by 70 plus 30. (Revised 2021)
DETAILED COURSE OUTLINE
LEARNING PLAN
Intended Learning Course Time Topics Teaching and Learning Activities Learning Program

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 Outcome (ILO) Outcomes Frame (TLA) Evidence Outcomes
Students must be able to: Week 1 STCAST VMG and PROGRAM VMG Getting to Know You LE 1
(3 hours) Orientation (Introduction of Oneself)
a. Elucidate STCAST  School Policies
VMG.  Course Syllabus Interactive Discussion about the
b. Familiarize the students  Course Description VMG to integrate the values of a
with the course  Course Requirements STCASTian.
description, objectives,
outline, requirements, and ORIENTATION Week
grading system;
a. Determine the CO 1 Week 2 I. ACCOUNTING FOR PARTNERSHIP Online Class: Online Lecture and LE1 POa, POb,
characteristic of partnership (3 hours) Lesson 1: Definition, Nature & Formation Discussion POe
b. Discuss the nature of 1.1
partnership formation.
b. Describe the various pro CO 2, CO 3 Week 3 II. PARTNERSHIPS OPERATIONS Online Class: Online Lecture and LE 1 POb, POc,
forma entries to record the (3 Hours) Lesson 1: Various Accounts Peculiar to Discussion Pod, POe
business operations. Partnership
 Capital Accounts
 Drawing Accounts
 Partner’s Loan Account
 Partner’s Receivable
Accounts
2.1 Closing entries
a. Identify the various method CO 4, CO 5 Week 4 Lesson 2: Division of Profits and Losses Face-to-face: Lecture and Discussion LE 1, LE 2 POb, POe
of dividing the profits and (3 hours)  Methods of dividing profits & losses Power Point Presentation, and Oral
losses recitation
a. Identify the various method CO 4, CO 5 Week 5  Methods of dividing profits & losses Online Class: Online Lecture and LE 1 POa, POb,
of dividing the profits and (3 hours) (Continuation) Discussion POc, POe
losses
a. Distinguish dissolution with CO 5 Week 6 III. PARTNERSHIP DISSOLUTION Face-to-face: Lecture and Discussion LE 1 POb, POc,
changes in ownership from (3 hours) Lesson 1: Change in Ownership Structure Power Point Presentation, and Oral POe
dissolution with liquidation recitation
b. Applies and discuss the  Admission of a new partner
appropriate accounting 
procedures for an admission
by purchase
a. Applies and discuss the CO 5 Week 7  Admission by Investment Online Class: Online Lecture and LE 1, LE 2 POb, POc,
appropriate accounting (3 hours) Discussion POe
procedures for an admission
by investment

a. Discuss the appropriate CO 5 Week 8 Bonus Method Face-to-face: Lecture and Discussion LE 1 POb, POc,
accounting procedures for (3 hours) Power Point Presentation, and Oral POe
bonus to partners recitation

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 Week 9
MIDTERM EXAMINAITION
a. Differentiate lump-sum CO 5 Week 10 IV. PARTNERSHIP: DISSOLUTION Face-to-face: Lecture and Discussion LE 1 POb, POc,
liquidation from installment (3 hours) WITH LIQUIDATION Power Point Presentation, and Oral POe
Lesson 1: Dissolution with Liquidation of recitation
liquidation
Partnership
 Causes of Dissolution
 Definition of Terms
 Types of Liquidation

a. Differentiate lump-sum Week 11  Liquidation by Lump-Sum Online Class: Online Lecture and
liquidation from installment (3 hours)  Liquidation by Installment Discussion
liquidation
a. Discuss the nature of CO 4 Week 12 V. ACCOUNTING FOR CORPORATE Face-to-face: Lecture and Discussion LE 1, LE 2 POa, POb
corporation (3 hours) AFFAIRS Power Point Presentation, and Oral
recitation
b. Identify how corporation Lesson 1: Definition and Nature of
is formed. Corporation

Lesson 2: Formation of Corporation


a. Describe the different CO 4 Week 13 VI. ACCOUNTING FOR SHARE Online Class: Online Lecture and LE 1 POa, POb
account titles used in (3 hours) CAPITAL TRANSACTIONS Discussion
recording capital Lesson 1: Accounting for Share Capital
Transactions
 Share Capital
 Classes of Share Capital
 Par Value & No-Par Value Share
a. Differentiate CO 4 Week 14  Authorized Share Capital Face-to-face: Lecture and Discussion LE 1 POa, POb
memorandum entry from (3 hours)  Memorandum Entry & Journal Power Point Presentation, and Oral
journal entry method Entry Method recitation

a. Describe the different CO 4 Week 15 VII. ACCUMULATED PROFITS Online Class: Online Lecture and LE 1 POa, POb
account titles used in (3 hours) (LOSSES), DIVIDENDS AND Discussion
recording capital TREASURY SHARES

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 Lesson 1: Accounting for Issuance of
Share Capital
 Issued or Sold for Cash
 Issued or Sold on Subscription
Basis
a. Identify accounting for CO 4 Week 16 Face-to-face: Lecture and Discussion LE 1 POa, POb
cash dividends. (3 hours)  Accounting for Dividends Power Point Presentation, and Oral
recitation

a. present financial CO 5 Week 17 VI. FINANCIAL REPORTING and Online Class: Online Lecture and LE 1, LE 2 POb, POc, POe
statement that are based (3 hours) ANALYSIS Discussion
on Philippine Financial
Reporting Standards. *Presentation of Financial Statement
b. Determine how financial *Analysis of Financial Statement
statements become a tool
in decision making
process.
FINAL EXAMINATION
Week 18

BASIC REFERENCES

Milla, Zeus Vernon (2021). Accounting for Special Transactions (Advanced Accounting 1). Bandolin Enterprise Publishing & Printing
Punzalan, Angelito (2020). Advanced Financial Accounting & Reporting. GIC Enterprises & CO., INC.
Cruz-Manuel, Zenaida V. (2018). 21st Century Accounting Process: Partnership and Corporation Accounting (21st Edition). Vera Cruz Manuel Publishing.
Lopez, Rafael Jr, M. (2018-2019). Financial Accounting and Reporting (Simplified Procedural Approach). MS Lopez Printing and Publishing.
Lopez, Rafael Jr, M. (2017). Accounting for: Partnership and Corporation (Simplified Procedural Approach). MS Lopez Printing and Publishing

CLASSROOM POLICIES
1. An online classroom is still a classroom.
2. Success in this course is dependent on the students’ active participation and engagement throughout the course. As such, students are required to complete all
deliverables and actively participate in online class discussions. If a student is unable to attend, participate in, or complete an assignment on time, it is the student’s
responsibility to inform the instructor.
3. Attendance: Students are expected to log on at least twice a week on different days to complete assignments, assessment and other weekly deliverables as
directed by the instructor and outlined in the syllabus.
4. Academic Honesty: Plagiarism and Violating the Rules of an Assignment: The program expects that students abide by the highest standards of intellectual honesty
in all academic work. Furthermore, the program assumes that all students do their own work and credit all work or thought by others.
5. Avoid using acronyms such as LOL (laugh out loud) and TTYL (talk to you later) since not all users are as familiar with these abbreviations. Spell things out to
avoid confusion and misunderstandings.
6. Courtesy goes a long way in any setting, including online school classrooms. Online courtesy would mean:
- Students should use their real names.

BACHELOR OF PUBLIC ADMINISTRATION IC-101 PRINCIPLES OF ACCOUNTING 2 page. 7

 - Know how to raise “virtual hands” and wait to be recognized when responding to a question or comment.
- Do not forget to say “please” and “thank you.”
- Always address the teacher and other virtual school students in a respectful manner, even when disagreeing.
- Avoid using all uppercase letters; this is often considered the equivalent of shouting.
- Cameras should always be turned on and make sure the microphone is turned off.
7. Before an online session begins, eliminate environmental distractions that may divert your attention away from the class. This includes finding a conducive and
comfortable place in the house, minimizing background noise by turning off the TV and radio, turning off cell phones. (No multitasking during class!)
8. It is important that virtual school students be prepared before class! They should download any necessary software and connect and test devices like microphones
or video cameras before the lesson begins. Students should also exit other applications on their computers prior to launching the classroom software.
9. Pay close attention to the classroom discussion and activities. You may take notes on the information presented and ask relevant questions to clarify the material
covered or assignments given. Do not join sideline chats with classmates when the teacher is speaking.
10. If you’re confused or stuck on an assignment, your first instinct may be to immediately ask a question. But before you ask, take the time to try to figure it out on your
own.
11. Adhere to the file format when submitting your online work.

Prepared by: Checked by: Approved by:

RONALD A. BENAGIN, MBA CHARITO M. ESCUZAR, MPA HAZEL C. MONTEPIO, EdD

Name of Instructor Program Head Vice President for Academic Affairs / OIC College President

___________________________________________________________________________________________________________________________________________________

Student’s Acknowledgement
I have received and read the course syllabus in Principles of Accounting 2. I understand that I must comply with the requirements of the course and the expectations of me
as a student in the said course during the 2 nd Semester 2024 to 2025 as these have been discussed also by our instructor. I am fully aware of the consequence of non-
compliance with the above-mentioned requirements.

Student’s Signature over Printed Name

BACHELOR OF PUBLIC ADMINISTRATION IC-101 PRINCIPLES OF ACCOUNTING 2 page. 8