Principles of Accounting 2

Republic of the Philippines Form No.
Sto.Tomas College of Agriculture, Sciences & Issue Status
Technology Revision No.

FD RD4, Bry. Tibal-og, Santo.Tomas
Davao del Norte Date Effective
Telephone:
Email: Approved by
COURSE SYLLABUS IN AG. EXT. 1 (Principles of accounting 2)

Globally Competitive
VISION GOALS Demonstrates creativity, innovativeness, and intellectual curiosity in
optimizing available resources to develop new knowledge,
Sto. Tomas College of Agriculture, Sciences and Technology The Sto. Tomas College of Agriculture, Sciences and methods, processes, systems, and value-added technologies.
(STCAST), a leading college institution in the region embracing Technology commits to:
the philosophy of quantity education and in line with the Local 1. Provide a quality, industry-needed and tailor-fit education Excellence in Research
Government Unit’s mandate and commitment to progress and programs imparted and administered by highly competent
development, thereby shaping and producing globally competitive and values driven faculty and staff. Demonstrates concern for others, practices professional ethics,
human resource. 2. Espouse an educational culture of excellence. honesty, and exemplifies socio-cultural, environmental concern,
3. Create an environment with sufficient human and financial and sustainability.
MISSION resources and adequate compliant and standard facilities.
4. Established an institutionalized research culture across Resourceful
The Sto. Tomas College of Agriculture, Sciences and disciplines and courses.
Technology will be: 5. Trail-blaze in creating a culture of collaboration amongst Demonstrates enthusiasm and passion for continuous personal and
 Socially and morally driven learning institution, stakeholders and members where respect, values, professional development.
 Unwavering in its focus to values development and support and challenges are paramount.
competency, 6. Pioneer programs for community development and
 Closely collaborating with the community, improvement.
Progressive Thinker
 Creating culture of excellence,
 Ensuring quality and affordable education, and
INSTITUTIONAL GRADUATE ATTRIBUTES Demonstrates proficiency and flexibility in the area of specialization
 Securing job opportunities and placements thru
and in conveying information in accordance with global standards.
 Sustained quality education. Integrity
Creates and inspires positive changes in the organization;
“Basta Sto.Tomas, SUCCESS” exercises responsibility with integrity and accountability in the
practice of one’s profession or vocation.
PROGRAM INFORMATION
COURSE SYLLABUS in AG EXT 1 (Agriculture Extension and Communication)

BACHELOR OF SCIENCE IN AGRIBUSINESS Page 1 of 10
Program Graduate Outcomes and Performance Indicators creation
Progressive PGO5 Efficient manager A strategic manager Basic accounting principles are applied to the
Institutional Program Thinker formulating and of systematic plans
Graduate Graduate Outcome Performance implementing and programs partnership and corporate entities with emphasis on the
Attributes Outcomes Indicators system-oriented
structure of corporate financial statements. Topics include
(PGO) strategic plans and
Integrity PGO1 A sales Establish values of programs in stockholder’s equity, long-term liabilities, short-term
representative hard work, honesty, agribusiness
equipped with patience, diligence industry investments, cash flows, financial statement analysis, and
entrepreneurial and personal basic managerial accounting. Credit hours earned. (3)
attitudes, skills and entrepreneurial
professional work competences PREREQUISITES - A pre requisite means you need to take
ethics I. COURSE INFORMATION
Global An effective Ability to advice, a placement text or another course before you can take this
Competence PGO2 extension demonstrate Course Code: CC 101 Principles of Accounting2 course. Prerequisite Requirement: Acctg. 1- Principles of
practitioner in procedures, and
agribusiness apply research Pre-requisite: Acctng.1 Accounting.
findings to solve
agribusiness Credit: 3 units
problems Level: Higher Education
Excellence in PGO3 A potent researcher Apply research Workload of Students:
Research to analyze methodologies and Semester/Year: 1st semester 2020-2021
agribusiness techniques in (A description on how much effort students should exert for
opportunities and agribusiness Day/Time/Room: MWF / 4:00-5:00PM/ Room 17-NB
the course. It may include time for actual face to face,
threats in the research work, internet activities, projects and others.)
environment
Resoucefulness PGO4 An outstanding Formuate
innovator, analyst presentations and
and developer of business plans that
agribusiness articulate and apply Faculty Information:
projects and financial, operational,
programs organizational, Name: Genner A. Raz
market, and sales Email: gennerraz24@gmail.com
knowledge to identify Course Description: Contact Number: 09279351809
paths to value
II. COURSE OUTCOMES (CO):
On the completion of the course, student is expected to be able to do the following:
Course Outcomes Graduate Outcomes Aligned to
CO1 Identify advantages and disadvantages of a corporation. PGO1, PGO2

CO2 Record entries to account for corporations. PGO2
CO3 Record entries to account for Long-Term Debt and Investments. PGO3
CO4 Prepare a statement of cash flows under the indirect method. PGO3, PGO4
CO5 Perform financial statement analysis of accounting statements.
CO6 Differentiate between the accounts of a merchandising firm and those of manufacturing company.
CO7 Distinguish between product costs and period costs.
III. LEARNING EVIDENCES:
As evidence of attaining the above learning outcomes, the student has to do and submit the following:
Learning Evidence Description and other Details Course Outcomes it represents
LO1 Able to identify advantages and disadvantages of a corporation. Learners should cite the advantages and disadvantages of a corporation, discussed the attributes and
CO1
classifications of a corporation and described its components.
LO2 Able to record entries to account for corporations. Learners should learn how to record entries to account for corporations. CO2
LO3 Able to record entries to account for Long-Term Debt and Learners could make an entry to account for Long-Term Debt and investments.
CO3
Investments.
LO4 Able to prepare a statement of cash flows under the indirect Learners could make a statement of cash flows under the indirect method.
CO4
method.
LO5 Able to perform financial statement analysis of accounting Learners could perform financial statement analysis of accounting statements
statements.
LO6 Able to differentiate between the accounts of a merchandising firm Learners could differentiate between the accounts of a merchandising firm and those of manufacturing company.
and those of manufacturing company.
LO7 Able to distinguish between product costs and period costs. Learners could distinguish between product costs and period costs
IV. MEASUREMENT SYSTEM:
Learning Evidence/Output to Assess: LO1 : Appropriate application of relevant laws, department orders and policies in administering educational programs
Area to Assess Beyond Expectation Expected Satisfactory Acceptable Unacceptable

Ability to identify advantages and Mastery of the provisions of the Familiar of the provisions of the Make correct judgment on the Moderately understand the Confused in understanding the
disadvantages of a corporation constitution and laws for effective constitution and laws for program appropriateness provisions of the provisions of the constitution and provisions of the constitution and laws for
program development and development and implementation constitution and laws for program laws for program development and program development and
implementation development and implementation implementation implementation
Ability to relate policies, standards and Mastery of the policies, standards and Familiar of the policies, standards and Make correct judgment on the Moderately understand the policies, Do not show understanding the policies,
guidelines in administering educational guidelines for effective program guidelines for program development appropriateness of the policies, standards and guidelines for standards and guidelines for program
programs development and implementation and implementation standards and guidelines for program program development and development and implementation
development and implementation implementation
Ability to formulate intervention plans for the Mastery to formulate intervention plans Familiar on the formulation of Make correct judgment on the Moderately understand the Do not understand the appropriateness
improvement of administration of educational for the effective administration of intervention plans for the improvement appropriateness of the policies, appropriateness of the policies, of the policies, standards and guidelines
programs educational programs of administration of educational standards and guidelines for the standards and guidelines for the for the improvement of administration of
programs improvement of administration of improvement of administration of educational programs
educational programs educational programs
OTHER REQUIREMENTS AND ASSESSMENTS (AA)

Aside from the final output, the student will be assessed at other times during the term by the following:
Assessment Activity Description and other Details Course Outcomes it represents
AA1 Power Point Presentation Students are grouped and a group reports assigned topics, After reporting, reporters will be subjected to questions and to
CO1
answer such questions comprehensively and intelligently.
AA2 Power Point Presentation with Q & A Students are grouped and a group reports assigned topics, After reporting, reporters will be subjected to questions and to
CO2
answer such questions comprehensively and intelligently.
AA3 Cooperative Learning Students are grouped and members of the group are left by themselves to perform cooperative learning. They are given
CO3
enough time come up with a unified explanations on tasks given.
AA4 Panel Discussion Students are grouped by themselves and members of the group are subjected to thought provoking questions. Their answers
are filtered by their professor so that topics under a panel discussion will cleared and their queries on the topics discussed will CO4
be clarified.
AA5 Written Exams Midterm Exams, Quizzes
AA6 Attendance and Other Requirements 80% Attendance required or else dropped. Incomplete submission of Requirements would yield an INC grade.
V. GRADING SYSTEM:
The final grade in this course will be composed of the following items and their weights in the final grade computation:
Assessment
Grade Source (Score or Rubric Grade) Percentage of Final Grade
Item
AA1 100 10
AA2 100 10
AA3 100 10
AA4 100 10
AA5 100 10
AA6 100 10
LO1 100 10
LO2 100 10
LO3 100 10
LO4 100 10
TOTAL 1000 100

Passing Grade 75.0
Passing Grade conditions: Passing Average Score of all exams, complete requirements and 80% attendance
Note: Passing Grade and computation of Grade could be numeric (0-100) or decimal (1.0, 1.25, 1.50, etc.). The choice is with the teacher handling the course. If the course will be working of combination of numeric or decimal
grades then an equivalence table should be provided in the syllabus. There are courses who has a passing grade condition, examples include (a) no grade of 0.0 in any assessment (b) a minimum of a grade of 2.5 is needed to
pass (c) no project – automatic fail in the course.
VI. LEARNING PLAN:
In order to achieve the outcomes of this course, learners will go through this learning plan
Course Teaching-Learning Required

Intended Learning Outcomes (ILO) Weeks Topics Assessment Activities Learning Output
Outcome Activities (TLA) Reading
CO1 Getting to know each other Perusal of the Defense of Report Passing in Defense of Report
Question and Answer
Get acquainted with each other. CO2 Course Syllabus Passing in Case Analysis
Analysis
Course Orientation Lecture Synthesis Passing in Case Synthesis
Oriented students with STCAST VMG, course 1. Course Syllabus Discussion DepEd VMGO Passing in Written Exams
1
context, grading system and classroom policies. 2. Class Policies PPT Presentation Legal Bases
STCAST VMG and PROGRAM VMG
Discussed the characteristics of a partnership CO1 Concept Mapping Defense of Report Passing in Defense of Report
Question and Answer
CO2 PPT Presentation Passing in Case Analysis
I. Basic Considerations and Formation Analysis
Differentiated the advantages and disadvantages Synthesis Passing in Case Synthesis
of a partnership. Passing in Written Exams
a. Characteristics of a
Partnership
b. Advantages and
Disadvantages of a The Philippine
2
Partnership Constitution
c. Partnership Distinguished
from Corporation
d. Classifications of
Partnerships
e. Kinds of Partners
Discussed the partnership formation. CO1 3 f. Limited Liability Company Concept Mapping Defense of Report Education Act Passing in Defense of Report
Question and Answer
CO2 g. Articles of Partnership PPT Presentation of 1982 Passing in Case Analysis
Analysis
Gave the classifications of partnership. h. SEC Registration Carousel Synthesis Passing in Case Synthesis
i. Accreditation to Practice Brainstorming Passing in Written Exams
Public Accountancy
j. Accounting for Partnerships
k. Partnership Formation
Discussed the Partner’s Equity in asset s CO1 II. Partnership Operations and Financial Concept Mapping Defense of Report Passing in Defense of Report
PPT Presentation Question and Answer
contrasted with share in profits or losses. CO2 Reporting Passing in Case Analysis
Carousel Brainstorming Analysis
Case Analysis Synthesis Passing in Case Synthesis
Enumerated and discuss the rules for the a. Partner’s Equity in Assets Contrasted Case Synthesis Passing in Written Exams
distribution of profits or losses. with share in Profits or Losses
DepEd Order #
4 b. Factors to Consider in Arriving at a
8 s. 2015
Plan for Dividing Profits or Losses
c. Rules for the Distribution of Profits or
Losses
d. Correction of Prior Period Errors Concept Mapping Defense of Report Passing in Defense of Report
PPT Presentation Question and Answer Muslim
e. Distribution of Profits or Losses Based Passing in Case Analysis
Carousel Brainstorming Analysis Mindanao
Discussed the Financial reporting. 5 on Partners Agreement Case Analysis Synthesis Passing in Case Synthesis
Autonmy Act
f. Financial Reporting Case Synthesis Passing in Written Exams
279
CO1 III. Dissolution – Changes in Ownership Concept Mapping Defense of Report Passing in Defense of Report
Discussed the causes of dissolution Passing in Case Analysis
a. Definition Case Analysis Synthesis DepEd Oder # Passing in Case Synthesis
Gave the difference between death of a partner 6 b. Causes of Dissolution Case Synthesis Passing in Written Exams
and admission of a partner. 31 s. 2001
c. Admission of a Partner
CO2 Concept Mapping Defense of Report Passing in Defense of Report

d. Withdrawal or Retirement of a Partner PPT Presentation Question and Answer
Passing in Case Analysis
e. Death of a Partner Carousel Brainstorming Analysis Administration
Discussed the incorporation of a partnership 7 Synthesis Passing in Case Synthesis
f. Incorporation of a Partnership Case Analysis in General
Case Synthesis Passing in Written Exams
Explained the rules in setting accounts after CO3 8 IV. Liquidation Concept Mapping Defense of Report Scope Passing in Defense of Report
dissolution. Passing in Case Analysis
a. Rules in Setting accounts after Case Analysis Synthesis Passing in Case Synthesis
Gave the difference between the lump-sum Dissolution Case Synthesis Passing in Written Exams
liquidation and installment Liquidation. b. Methods of Partnership Liquidation
c. Entries Related to Liquidation
CO4 d. Lump-Sum Liquidation Concept Mapping Defense of Report Passing in Defense of Report
e. Installment Liquidation Passing in Case Analysis
f. Cash Priority Program Case Analysis Synthesis Passing in Case Synthesis
Case Synthesis Passing in Written Exams
Discussed the methods of Partnership liquidation.

9 Functions
Discussed the cash priority program.
MIDTERM EXAMINATION
V. Basic Considerations Concept Mapping Defense of Report Passing in Defense of Report
Gave the advantages and disadvantages of a Carousel Brainstorming Analysis
a. Attributes of a Corporation Case Analysis Synthesis Passing in Case Synthesis
corporation
b. Advantages of a Corporation Case Synthesis Passing in Written Exams
Explained the classes of corporation c. Disadvantages of a Corporation
d. Classes of Corporations
Discussed the attributes of a corporation e. Other Classifications of Corporations
f. Steps in the Creation of a Corporation
Discussed the other classifications of g. Articles of Incorporation
corporations h. By-Laws Institutional
10
i. Rights of a Shareholder Program
Discussed the rights of a shareholder. j. Components of a Corporation
k. Classes of Shares in General
Described the components of a corporation.
l. Minimum Subscription and Paid-In
Capital
Discussed the Basic corporate organizational
structure. m. Basic Corporate Organizational
Structure
n. Corporate Books and Records
VI. Share Capital Concept Mapping Defense of Report Passing in Defense of Report
Explained the Share capital. 11 Staff personnel
PPT Presentation Question and Answer Passing in Case Analysis
a. Share Capital Passing in Case Synthesis
. Case Analysis Synthesis
b. Two Basic Types of Shares Case Synthesis Passing in Written Exams
Enumerated & explained the Two basic types of c. Terms Related to Share Capital
shares.
d. Accounting for Issuance of Share
Capital
Explained the terms related to share capital.
e. Considerations for Issuance of Shares
Enumerated & discuss the two methods of f. Share Issuances for Cash
accounting for share capital. g. Subscription of Shares
h. Two Methods of Accounting for Share
Discussed the Donated capital Capital
i. Treasury Stocks per IAS No. 32
Donated Capital
VII. Retained Earnings Concept Mapping Defense of Report Passing in Defense of Report
a. Dividends in General Case Analysis Synthesis Passing in Case Synthesis
Discussed the dividends in general
b. Cash Dividends per IFRIC 17 Case Synthesis Passing in Written Exams
Student
12 c. Share Dividends
Gave the difference between the share dividends personnel
& share splits d. Liquidating Dividends
e. Share Splits
f. Summary of the Effects of Dividends Concept Mapping Defense of Report Passing in Defense of Report
and Share Splits. Passing in Case Analysis
Discussed the summary of the effects of Carousel Brainstorming Analysis
g. Dividends on Preferences and Ordinary Case Analysis Synthesis Financial and Passing in Case Synthesis
dividends and share splits Case Synthesis Passing in Written Exams
13 Shares Physical
h. Prior Period Errors Resources
Discussed the book value per share
i. Restrictions on Retained Earnings
j. Book Value per Share
VIII. Manufacturing Operations Concept Mapping Defense of Report Passing in Defense of Report
Explained the Elements of manufacturing costs Passing in Case Analysis
a. Comparing Merchandising and Case Analysis Synthesis Passing in Case Synthesis
Responsibilities
Described the worksheet for a manufacturing Manufacturing Activities Case Synthesis Passing in Written Exams
14 of School
company b. Elements of Manufacturing Costs Administrator
c. Manufacturing Inventory Accounts

d. Accounting for Manufacturing Activities Concept Mapping Defense of Report Passing in Defense of Report
Discussed the statement of Cost of goods e. Statement of Cost of Goods Passing in Case Analysis
manufactured Manufactured Case Analysis Synthesis Passing in Case Synthesis
15 f. Statement of Cost of Goods Sold Case Synthesis Supervision Passing in Written Exams
Discussed the statement of Cost of goods sold. g. Worksheet for a Manufacturing
Company
IX. Analysis of Financial Statements Concept Mapping Defense of Report Passing in Defense of Report
Discussed the basic of Financial statements Passing in Case Analysis
analysis a. Basics of Financial Statement Analysis Case Analysis Synthesis Passing in Case Synthesis
Improvement of
b. Need for Comparative Analysis Case Synthesis Passing in Written Exams
Instruction
Explained the tools of financial statement analysis c. Tools of Financial Statement Analysis
Concept Mapping Defense of Report Evaluation of Passing in Defense of Report

Gave the difference between the Horizontal d. Horizontal Analysis PPT Presentation Question and Answer
Methods, Passing in Case Analysis
e. Vertical Analysis Carousel Brainstorming Analysis
analysis and Vertical analysis. Case Analysis Synthesis Technoques, Passing in Case Synthesis
f. Ratio Analysis Case Synthesis Approaches Passing in Written Exams
and Strategies
Concept Mapping Defense of Report Passing in Defense of Report
g. Liquidity Ratios PPT Presentation Question and Answer
Gave the difference between the Liquidity Ratios Passing in Case Analysis
h. Profitability Ratios Carousel Brainstorming Analysis
Introspection
and Profitability ratios Case Analysis Synthesis Passing in Case Synthesis
i. Solvency Ratios Case Synthesis Passing in Written Exams
FINAL EXAMINATION
Note: In order to formulate intended learning outcomes, you can use a reference learning taxonomy like Bloom’s taxonomy in order to see the Low-Order Thinking Skills verbs that needs to be activated before reaching the High-
Order Thinking Skills verbs. For example, if the course outcome uses the verb DESIGN, then intended learning outcomes should include verbs starting from IDENTIFY/RECALL  UNDERSTAND  SYNTHESIZE  ANALYZE
 DESIGN. Do not forget that the rubric criteria and descriptors should serve as a guide in determining essential content or topics and its arrangement in the learning plan.
VII. REFERENCES/ARTICLES TO READ: (Must be written in APA Format)
1. USEP Vision, Mission, Goals & Objectives

2. The 1987 Philippine Constitution
2. The Education Act of 1982
3. Muslim Mindanao Autonomy Act 279
4. DepEd Oder # 31 s. 2001
5. School Administration and Supervision by Darell Cruz National Bookstore Manila (2015),
6. Formulation Educational Programs in the Philippines by Hanna Montemayor Rex Bookstore (2016)

VIII. CLASSROOM POLICIES:
Attendance is a must
More than 20 % absences means dropped
Participation in class activities is encouraged
(Policies peculiar to the course/subject)
Prepared by: Reviewed by: Noted: Approved:
VINCENT P. CURRAN, R.Agr. HANNAH MARIANO DR. SIXTO O. DALEON, PhD, Juris Doctor
Faculty Program Head Vice President – Academic Affairs President


Principles of Accounting 2

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Principles of Accounting 2

Uploaded by

Copyright:

Available Formats

Republic of the Philippines Form No.

Sto.Tomas College of Agriculture, Sciences & Issue Status

Technology Revision No.

COURSE SYLLABUS IN AG. EXT. 1 (Principles of accounting 2)

COURSE SYLLABUS in AG EXT 1 (Agriculture Extension and Communication)

II. COURSE OUTCOMES (CO):

On the completion of the course, student is expected to be able to do the following:

Course Outcomes Graduate Outcomes Aligned to

CO1 Identify advantages and disadvantages of a corporation. PGO1, PGO2

III. LEARNING EVIDENCES:

Learning Evidence Description and other Details Course Outcomes it represents

IV. MEASUREMENT SYSTEM:

Area to Assess Beyond Expectation Expected Satisfactory Acceptable Unacceptable

OTHER REQUIREMENTS AND ASSESSMENTS (AA)

Assessment Activity Description and other Details Course Outcomes it represents

COURSE SYLLABUS in AG EXT 1 (Agriculture Extension and Communication)

VI. LEARNING PLAN:

Course Teaching-Learning Required

STCAST VMG and PROGRAM VMG

CO2 Concept Mapping Defense of Report Passing in Defense of Report

Discussed the methods of Partnership liquidation.

COURSE SYLLABUS in AG EXT 1 (Agriculture Extension and Communication)

Concept Mapping Defense of Report Evaluation of Passing in Defense of Report

VII. REFERENCES/ARTICLES TO READ: (Must be written in APA Format)

1. USEP Vision, Mission, Goals & Objectives

COURSE SYLLABUS in AG EXT 1 (Agriculture Extension and Communication)

(Policies peculiar to the course/subject)

Prepared by: Reviewed by: Noted: Approved:

COURSE SYLLABUS in AG EXT 1 (Agriculture Extension and Communication)

You might also like