College of Business Administration and Accountancy

Document Course Code / Title

Course Outline
ACCTG100G / Accounting Review VI – Auditing Problems
Date Effective: Supersedes dated:
June 2018 June 2017

VISION CORE VALUES

A premier educational institution of higher learning, developing Personal Dignity

globally-competitive and value-laden professionals and leaders
instrumental to community development and nation building. Nurturing Community

MISSION Commitment to Excellence

To equip individuals with knowledge, skills and values that will enable
them to achieve their professional goals and provide leadership and
PnC Graduate Attributes
service for national development.
1. Professional Competence
Program name here. Program Educational Objectives
2. Communication Skills
Within the five years after graduation, the graduates of Business Administration 3. Analytical and Problem- Solving Skills
program shall have: 4. Lifelong Learning Skills
5. Interpersonal Skills
1. Obtain mid-level positions in public practice, commerce and 6. Productivity
industry, government and academe. 7. Social and Ethical Responsibility
2. Make a positive contribution to the profession and the society.
3. Pursue further education and training to maintain their competence
as professional accountants.

Student Outcomes for Bachelor of Science in Accountancy

a. Perform the basic functions of management such as planning, organizing, staffing, directing and controlling
b. Apply the basic concepts that underlie each of the functional areas of business and employ those concepts in various business
situations.
c. Select the proper decision tools to critically, analytically and creatively solve problems and drive results
d. Express oneself clearly and communicate effectively with stakeholders both in oral and written forms.
e. Apply information and communication technology (ICT) skills as required by the business environment
f. Work effectively with other stakeholders and manage conflict in the workplace
g. Demonstrate corporate citizenship and social responsibility.
h. Resolve business issues and problems, with a global and strategic perspective using knowledge and technical proficiency in the areas
of financial accounting and reporting, cost accounting and management, accounting and control, taxation and accounting information
systems.
i. Conduct accountancy research through independent studies of relevant literature and appropriate use of accounting theory and
methodologies.
j. Employ technology as a business tool in capturing financial and non-financial information, generating reports and making decisions.
k. Apply knowledge and skills that will successfully respond to various types of assessments (including professional license and
certification).
l. Confidently maintain a commitment to good corporate citizenship, social responsibility and ethical practice in performing functions as
an accountant.
Course Title: Prepared by Reviewed by Recommended by: Approved by
Page 1 of 3
Accounting Review VI – Wernan E. Peralta Prof. Noel B. Hungria Prof. Filipina E.
Auditing Problems
Dept. Chair Manuel Dr. M. B. Abisado
Dean, CBAA VP - Academics


 COURSE CODE: ACCTG100G

COURSE TITLE: Accounting Review VI – Auditing Problems

COURSE DESCRIPTION: This course is designed to review the concepts and practical application of topics covered by
Auditing Problems to better prepare the students in the CPA Licensure Examination.

SCHEDULE: Monday/5:30-8:30 PM/ Room: 310

FACULTY: Mr. Wernan E. Peralta

iamsirphi@yahoo.com

COURSE OUTCOMES (CO):

On the completion of the course, student should be at the minimum be able Student Outcomes
to: a b c d e f g h i j k l
CO1 Demonstrate mastery of the topics covered.
CO2 Manifests preparedness in taking the CPA Licensure Examination
for Auditing Problems.
CO3 Develop and practice discipline, punctuality, honesty, and
responsibility.
* Level: I- Introduced, R- Reinforced, D- Demonstrated

COURSE OUTLINE AND TIME-FRAME

WEEK TOPIC
1-2 Course Syllabus
Course Policies
Audit Planning, Internal Control Consideration, Transaction Cycles
3 Accounting Policies, Error, Change in Accounting Estimates
4 Audit of Equity Accounts
5 Audit of Liabilities
6 Prelim Exam
7 Audit of Intangible Assets
8-9 Audit of Property, Plant and Equipment
10-11 Audit of Investments
12 Midterm Exam
13 Audit of Inventories
14 Audit of Receivables
15 Audit of Cash
16 Audit of Prepayments and Deferred Credits, Other Income Statement Items, Cash Flow Statements
17 Comprehensive Auditing Problems
18 Final Exam

TEXTBOOK:

SUGGESTED READINGS AND REFERENCES:

Course Title: Prepared by Reviewed by Recommended by: Approved by

Page 2 of 3
Accounting Review VI – Wernan E. Peralta Prof. Noel B. Hungria Prof. Filipina E.
Auditing Problems
Dept. Chair Manuel Dr. M. B. Abisado
Dean, CBAA VP - Academics


 Any Auditing Books and Reviewers
Compilations of Review Materials from Review Centers
Compilations of Philippines Standards on Auditing
Code of Proffesional Ethics
https://www.aasc.org.ph/
www.aasc.org.ph/

COURSE REQUIREMENTS:
a. Term Examination - 50%
b. Quizzes/Exercises - 20%
c. Class Participation and attendance - 10%
d. Others - 20%
______
100%

GRADING SYSTEM:
Midterm Standing = Prelim Grade + Midterm Grade
(50%) (50%)

Final Grade = Prelim Grade + Midterm Grade + Final Grade

(30%) (30%) (40%)

Passing Grade: 60%

COURSE POLICIES:

1. Classroom attendance
2. Innovative participation
3. Completion of assessment tasks
4. Attendance in seminar workshop / writeshop
6. Respect the rights, opinions, and property of others.
7. You are expected to maintain academic integrity all the time. Cheating will automatically mean a grade of 5.0 for the particular assessment

Submission of Course Requirements

Course requirements must be submitted on-time.

Faculty Consultation Hours

The Faculty Consultation/Advising hours schedule is available at the CBAA office and CBAA Bulletin Board

Course Title: Prepared by Reviewed by Recommended by: Approved by

Page 3 of 3
Accounting Review VI – Wernan E. Peralta Prof. Noel B. Hungria Prof. Filipina E.
Auditing Problems
Dept. Chair Manuel Dr. M. B. Abisado
Dean, CBAA VP - Academics