Republic of the Philippines

CARLOS HILADO MEMORIAL STATE COLLEGE

Fortune Towne Campus, Bacolod City, Negros Occidental

COURSE OUTLINE
in
ACCOUNTING 12
Course Number

ADVANCE COMPUTER APPLICATION FOR ACCOUNTANTS

Descriptive Title

First Semester, Academic Year 2017-2018

Semester/Academic Year

Prepared by:

KENROSE SOLOMON LAGUYO, CPA, MBA

Subject Teacher

I. Course Description
Advance computer application for accountants introduces students to the systems that underlie bookkeeping,
accounting, and financial reporting in all business firms. Such systems are increasingly complex and in
continual state of flux due to rapidly changing technologies and securities risks. In this course, the students
gain hands-on experience in, the use of electronic spreadsheet software for advanced business analysis and
hands-on experience with a commercial accounting software package.

II. Course Learning Outcomes

Upon completion of this course, the students can:
1. Create or set-up a company in QuickBooks.
2. Set-up chart of accounts and the corresponding beginning balances.
3. Set-up customers and vendors and the corresponding account balances.
4. Set-up items and inventory stock card balances.
5. Prepare purchase orders, receive inventory, paybills, and pay vendors.
6. Prepare sales invoice, record cash receipts and payment from customers.
7. Prepare managerial reports such as inventory valuation, bank reconciliation statement, aging of
accounts receivable and payable, etc.
8. Prepare financial report such as profit and loss, balance sheet, statement of cash flow, etc.

III. Course Requirements

1. Quizzes
2. Attendance
3. Class Participation
4. Examinations
5. Project
IV. Academic Performance Evaluation System
A. Performance (80%)
1. Knowledge
a. Quizzes / Unit Tests 30%
b. Mid-term / End-term Examinations 20%
c. Participation in class deliberations 10%
2. Skills 10%
a. Graded Discussion / Extemporaneous Discussion
3. Attitude / Attendance 10%
a. Attendance/Regularity/Promptness
b. Involvement / Commitment
c. Attitude / Conduct
B. Requirement/Project/Output - 20%
a. Term Paper / Project / Portfolio ___
T O T A L .... 100%
V. Reference
1. Computer Accounting Essentials with QuickBooks 2014, 7th Ed. 2015, Carol Yacht & Susan V.
Crosson, McGraw-Hill Education, USA
2. Using QuickBooks Accountant for Accounting 2013, Glen Owen, Cengage Learning Asia Pte.Ltd.

VI. Course Contents

COURSE CONTENTS/TOPICS
Orientation
The VMGO of the institution
The Course and its role in attaining
the VMGO
Principles of Accountancy and GAD
STUDENT
INTENDED LEARNING OUTCOMES
ACTIVITIES
1. Discuss the VMGO of the 1. Research
institution and those of the Discuss
BSACT.
2. Relate the role of the course in
the attainment of the
institutional VMGO and the
department goals & Objectives.

3. Relate the course to the ideals of

1. Introduction to QuickBooks
1.1 Principles of accounting
1.2 QuickBooks System
1.2.1 What accounting does
1.2.2 What QuickBooks does
1.2.3 Development of QuickBooks
1.2.4 Overview of QuickBooks
2. Creating a New Company
2.1 Create a new company
2.2 Backing up Company Data
3. New Company Setup for Merchandising
Business
3.1 Set preferences
3.2 Edit the chart of accounts and enter
beginning balances.
3.3 Record check register entries.
3.4 Edit to correct and error.
3.5 Compete account reconciliation.
3.6 Display trial balance
3.7 Display the trial balance
3.8 Display the financial statements
4. Account Register
4.1 Make deposit
gender and development issue.
At the end of the topic the
students should be able to: - Research
1. Discuss the principles of - Reporting
accounting
2. Discuss what accounting and
QuickBooks does
3. Enumerate the documents
prepared by QuickBooks
1. Create a new company in
QuickBooks Computer
2. Back-up data in the flash drive laboratory
3. Create the graphical user
interface of QuickBooks
1. Set preferences for the new Computer
company laboratory
2. Edit the chart of accounts and
edit to correct an error.
3. Display trial balance and
financial statements
 STUDENT
COURSE CONTENTS/TOPICS INTENDED LEARNING OUTCOMES
ACTIVITIES
4.2 Write checks for assets and dividends 1. Deposit collections in Computer
4.3 Add new vendor QuickBooks laboratory
4.4 Bank account register 2. Write checks for assets and
4.5 Edit an erroneous entry dividends as well as correct the
4.5 Bank reconciliation erroneous entry.
3. Prepare monthly bank
reconciliation.
5. General Ledger, Trial Balance, and
Financial Statements 1. Process transaction detail by Computer
5.1 Transaction detail by account account. laboratory
5.2 Trial Balance 2. Process trial balance
5.3 Financial Statements 3. Process financial statements
Long quiz
6. Working with Inventory, Vendor and
Customers - Add a vendor and customer Computer
6.1 Enter items and inventory records laboratory
preferences - Add inventory and non-
6.2 Enter vendor records inventory items
6.3 Enter inventory items - Paybills and and vendors
6.4 Enter bills and record purchase account
returns - Record purchase returns
6.5 Paybills - Enter customer records and
6.6 Add a vendor and non-inventory item accounts
6.6 Enter customer records and defaults - Record cash sales, sales on
6.7 Record customer sales on account account and sales returns
and sales returns - Record collection
6.8 Receive customer payments

Midterm Exam
7. Practice Set
7.1 Create a new company - Application of what has been Computer
7.2 Set-up chart of accounts and the discussed, and demonstrated in laboratory
corresponding beginning balances the previous lesson.
7.3 Set vendors and customers list with - The student should be able to
the corresponding balances create a new company, record
7.4 Set up inventory and non-inventory all the transactions and
items with corresponding balances generate monthly report
7.5 Record the transactions for 1 month
7.6 Generate and prepare reports such
as: trial balance, profit and loss,
statement of cash flow, AR aging, AP
aging, transaction list by date, and
audit trail
Final Exam

Prepared by:

PROF. KENROSE S. LAGUYO, CPA, MBA