Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 13

SAINT COLUMBAN COLLEGE

San Francisco District, Pagadian City


COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

COURSE
COURSE CODE: IT 126 COURSE NAME: AUDIT IN CIS ENVIRONMENT 3.0 UNITS
CREDITS:
ONLINE Schedule:
FLEXIBLE LEARNING EVERY10:40 AM-
12:30PM OF
PRE-REQUISITE: INTERMEDIATE ACCOUNTING 2 TYPE OF COURSE: LECTURE
MODE (Contact Hour):
MONDAY
PRE-REQUISITE COURSE TO: NONE TOTAL NUMBER OF HOURS: 54.0 hours
Information Technology throughout the world has revolutionized and dramatically changed the manner in which the
business is conducted today. Computerization has a significant effect on organization control, flow of document information
COURSE processing and so on. Auditing in a CIS environment even though has not changed the fundamental nature of auditing, it has
DESCRIPTION: definitely caused substantial changes in the method of evidence collection and evaluation. This also requires auditors to
become knowledge about computer environment (Hardware, software etc.) and keep pace with rapidly changing
technology, even to the extent of using sophisticated Audit software
VISION: Persons who are Mature, Competent and Dynamic Believers in the Supreme Being, conscious of their interdependence and in right
relationship with one another and the rest of the creation.
MISSION: We, at Saint Columban College, guided by the gospel values of WISDOM, JUSTICE and CHARITY, commit ourselves to develop fully the
talents, and capabilities of the students through holistic quality programs, which aim to help them live their faith, attain academic excellence
and perform their responsibilities towards God, society and the rest of the creation
GOALS: 1. To create a climate that will enable the students to cultivate the values of wisdom, justice, and charity.
2. To develop students who manifest critical thinking and problem-solving skills through scientific investigation.
3. To produce technologically skilled graduates who can articulate their thoughts in cohesive and understandable terms.
4. To create an atmosphere that deepens the social commitment of students to help improve the quality of life in their community and the
environment.
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

PROGRAM GRADUATE ATTRIBUTES


PROGRAM GRADUATE OUTCOMES (Applicable to the Course):
(Applicable to the Course):
Apply the basic concepts that underlie each of the functional areas of business and employ these
SOLUTIONS PROVIDER
concepts in various business situations.
Select the proper decision-making tools to critically, analytically and creatively solve problems and
CRITICAL JUDGMENT
drive results.

COURSE LEARNING OUTCOMES


ATTRIBUTES OUTCOMES INDICATORS DUE DATE
Enable the students to combine practice July 17, 2020
Business and Analyzing the transactions and
and theoretical knowledge of financial http://bitly.ws/8Hmu
Environmental Literacy(K) apply accounting theories
accounting. PDF format not exceeding 100MB
Critical thinking and Apply basic concepts in July 17, 2020
Provide decision making skills to the
Solution-oriented preparing Comprehensive http://bitly.ws/8Hmv
students in the financial analysis context.
Thinking(S) Financial Statements PDF format not exceeding 100MB
Ability to identify and analyze financial July 17, 2020
Application/applying Case Study Analysis on
accounting problems and opportunities in http://bitly.ws/8HmA
(A) Financial Accounting Problems
real life situations. PDF format not exceeding 100MB
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

LEARNING PLAN (Sample)


TEACHING & LEARNING
PERIOD/OUTCOME TOPIC/OBJECTIVES
ACTIVITIES/ASSESSMENT
Prelims (27 hours)
Week 1 to 4– No. hours per week Orientation and expectation setting for Course Online Meeting
(through Google Classroom <6nhgfvw>) Distribution of Hand-outs (remote/no internet
At the end of this module, the students must be able **Administration of Pre-Test connection)
to: INSTRUCTOR’S GUIDE
1. To understand the concept of related parties Related Parties 1. Classroom Design/Course Delivery (Google
2. To identify related parties 1. Definition of Related Parties Classroom Code: wmhz2eh
3. To understand the concept of events after 2. Control, Significant influence and joint control Instruction for Google Classroom login:
the reporting period 3. Disclosures of related party transaction
1. Go to: http://bitly.ws/8Hkn
4. To know the types of events after reporting 4. Pricing policies
Events after the reporting period 2. Click: Join Class
period 3. Enter the code:
5. To understand the recognition of adjusting 1. Types of Events
2. Adjusting events  (Online) Flipped Classroom
and nonadjusting events 3. Nonadjusting events 1) Related Parties
6. To understand the nature and usefulness of 4. Financial Statements authorized for issue (http://bitly.ws/8HcB)
the income statement 2) Merchandise Inventory and Cost of Sales
7. To identify the components of other (http://bitly.ws/8HcC)
comprehensive income
8. To recognize reclassification adjustment Statement of Comprehensive Income
related to other comprehensive income 1. Definition of Comprehensive Income
9. To understand the recognition of noncurrent 2. Components of Comprehensive Income
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

assed held for sale 3. Forms of Income Statement 2. Teaching Techniques


10. To know the conditions for the classification 4. Separate Income Statement  Diagnostics
5. Single statement of comprehensive income
of a noncurrent asset held for sale  Video Presentation
11. To know the measurement and presentation Noncurrent asset held for sale  Lecture (Slide Deck)
of noncurrent asset held for sale 1. Definition  Problem Based Learning
12. To know the recognition of a noncurrent 2. Conditions for classification as held for sale 3. Prelim Assessment
asset that ceases to be classified as held for 3. Write-down to Fair Value and reversal of write-  Online Exam (Class Marker)
sale down
4. Revalued asset classified as held for sale
Exam content (http://bit.ly/3gQUH2p)
5. Abandoned noncurrent asset
6. Change in classification of asset
STUDENT’S ACTIVITY (http://bitly.is/370JnfN)
1. Case study analysis
2. Essay

CONSULTATION HOURS:
 Tuesday / Thursday: 2:00 – 3:00 pm
 Wednesday: 2:00 – 4:00 pm
 Contact Number: 09381715396
email Address:carlfuerzas@gmail.com
Midterm (27 hours) INSTRUCTOR’S GUIDE
Week 5-7 - No. of hours per week 1. Classroom Design/Course Delivery (WELA)
Topics/Objectives 1) Discontinued Operation
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

At the end of this module, the students must be able Discontinued Operation (http://bitly.ws/8HcN)
to: 1. Definition 2) Accounting Changes
1. To understand the concept of Discontinued 2. Component of an Entity (http://bitly.ws/8HcP)
3. Timing of reporting
operation
4. Abandoned discontinued operation
2. To know the recognition of a discontinued 2. Teaching Techniques
operation  Diagnostics
Accounting Changes
3. To know the presentation of a discontinued  Video Presentation
(Change in Accounting Estimate)
operation in the statement of financial 1. Definition of accounting Changes  Lecture (Slide Deck)
position 2. Change in accounting Estimate  Problem Based Learning
4. To identify the categories of accounting 3. Midterm Assessment
change Change in Accounting Policy and Prior Period  Online Exam (Class Marker)
5. To understand the concept of a change in Errors Exam content (http://bit.ly/3gQUH2p)
accounting estimate 1. Definition of accounting policy STUDENT’S ACTIVITY(http://bitly.is/370JnfN)
6. To know the recognition and reporting of 2. Requirement for change in accounting policy 1. Case study analysis
change in accounting estimate 3. Absence of accounting standard
4. Treatment of prior period errors
2. Essay
7. To understand the concept of a change in CONSULTATION HOURS:
accounting policy  Tuesday / Thursday: 2:00 – 3:00 pm
8. To know the recognition and reporting of  Wednesday: 2:00 – 4:00 pm
prior period errors  Contact Number: 09381715396
email Address:carlfuerzas@gmail.com
Prefinal (27 hours) Statement of Cash Flows
Week 5-7 - No. of hours per week 1. Definition of statement of Cash Flows INSTRUCTOR’S GUIDE
2. Primary Purpose of statement of cash flows Classroom Design/Course Delivery (WELA)
3. Operating, Investing and Financing Activities 1) Statement of Cash Flows
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

At the end of this module, the students must be able 4. Non Cash transactions (http://bitly.ws/8HcN)
to: 5. Direct and Indirect Method 2) Book Value per share
1. To understand the nature and purpose of a (http://bitly.ws/8HcP)
statement of Cash Flows
Book Value per share 3. Basic earnings per share
1. Definition of book value per share
2. To understand the classification of cash flows as 2. Liquidation value of preference share (http://bitly.ws/8HcR)
operating, investing and financing 3. Cumulative preference share Teaching Techniques
3. To be able to prepare a statement of cash flows 4. Noncumulative preference share  Diagnostics
using the indirect method 5. Participating preference share  Video Presentation
4. To define book value per share  Problem Based Learning
5. To understand the noncumulative, cumulative, Prefinal Assessment
Basic earnings per share
nonparticipating and participating feature of a 1. Definition of earnings per share  Online Exam (Class Marker)
preference share. 2. Uses of earnings per share Exam content (http://bit.ly/3gQUH2p)
6. To distinguish preference as to assets and 3. Ordinary Share STUDENT’S ACTIVITY(http://bitly.is/370JnfN)
preference as to dividents. 4. Basic Earnings per Share 1. Case study analysis
7. To define earnings per share 5. Average shares outstanding
2. Essay
8. To know the proper presentation of EPS CONSULTATION HOURS:
9. To know the formula in computing basic earnings  Tuesday / Thursday: 2:00 – 3:00 pm
per share  Wednesday: 2:00 – 4:00 pm
10. To determine the weighted average number of
 Contact Number: 09381715396
ordinary shares.
Topics/Objectives email Address:carlfuerzas@gmail.com
Final (27 hours)
INSTRUCTOR’S GUIDE
Week 5-7 - No. of hours per week
SMEs- Definition Classroom Design/Course Delivery (WELA)
1. Definition of SMEs 1) SMEs- Definition (http://bitly.ws/8HcN)
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

At the end of this module, the students must be able 2. Public Accountability 2) SME- Financial Statement
to: 3. SME under Philippine Jurisdiction (http://bitly.ws/8HcP)
4. Micro business entities
1. To understand the meaning of small and 3.) SMEs- Assets, Liabilities and Equity
5. Reconciliation of PFRS for SMEs and previous
medium-sized entities or SMEs as defined by IASB accounting framework (http://bitly.ws/8HcP)
2. To determine whether an entity has public
accountability SME- Financial Statement Teaching Techniques
3. To know the definition of an SME under 1. General feature of Financial Statement  Diagnostics
Philippine Jurisdiction 2. Components  Video Presentation
4. To understand the opening statement of Financial 3. Notes to Financial Statements  Lecture (Slide Deck)
4. Related Parties- SMEs
position of a first time adopter of PFRS for SMEs.  Problem Based Learning
5. Accounting Changes- SMEs
5. To know the general features of financial Final Assessment
statements under PFRS for SMEs and full PFRS SMEs- Assets  Online Exam (Class Marker)
6. To identify the complete set of financial 1. Inventories Exam content (http://bit.ly/3gQUH2p)
statements of an SME 2. Basic Financial Instruments
7. To compare related parties and events after 3. Investment in Associate STUDENT’S ACTIVITY(http://bitly.is/370JnfN)
reporting period under PFRS for SMEs and full 4. Investment property
5. PPE and other assets
Case study analysis
PFRS Essay
8. To know measurement of inventory of an SME CONSULTATION HOURS:
9. To know the measurement of investment in  Tuesday / Thursday: 2:00 – 3:00 pm
associate of an SME  Wednesday: 2:00 – 4:00 pm
10. To know the measurement of investment SMEs- Liabilities  Contact Number: 09381715396
property of an SME 1. Provision and Contingencies
2. Leases email Address:carlfuerzas@gmail.com
11. To know the initial and subsequent
3. Employee Benefits
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

measurement of Property, plant and equipment of 4. Income Tax


an SME
12. To know the initial and subsequent
measurement of intangible asset of an SME
SMEs- Equity
1. Shared Based payment
13. To understand the recognition of a contingent 2. Agriculture
liability and contingent asset 3. Other specialized Activities
14. To know the treatment of equity under SMEs. 4. Hyperinflation

GRADING SYSTEM:
Assessment:
Varied evaluation strategies will be utilized to document learning achieved in this course. One hundred percent (100%) is the highest point one can earn
based on the following Parameters:
Class Attendance/ Assignment - 20%
Quizzes/Oral presentation - 40%
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

Major Examination - 40%

Assessment Details:
Upon completion of this course, students will have developed an understanding of the topics specified above.

Grading System:
Grades will be allocated based on the percentage earned:

1.0 = 97-99 Excellent


1.25 = 94-96 Superior
COURSE REQUIREMENTS: 1.5 = 91-93 Very good
1.75
In order to pass this course, a student must be able = 88-90a rating of at
to obtain Very good
least ________ derived from the following fulfilled requirements:
1. Attendance and Online/Remote Class2.0 Activity Participation Good
= 85-87
2. Major Examinations 2.25 = 82-84 Good
3. Task Performance 2.5 = 79-81 Fair
4. Problem – Based Learning/ Project – 2.75
Based Tasks
= 76-78 Fair
3.0 = 73-75 Passing
Rubrics for the following requirements will be made available/will be
5.0 = 68-72 sent thru individual
Failed E-Mails.

COURSE EXPECTATIONS:
Students of this course are expected to:
1. Observe the rules and regulations of the institutions regarding the proper decorum, attendance and the general requirements for a/an
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

_______ student as per stipulated in the Students Handbook;


2. Equip oneself with relevant, updated and current news and information;
3. Conduct self-paced learning for the basic accounting and financial terminologies and concepts prior to attending this class;
4. Possess extensive knowledge on Word Processing and Spreadsheets as a means to process tasks and activities;
5. Participate actively in all of the discussions and exchange of ideas to earn points for this course using English language as a means of
communication;
6. Assert one’s own point of view during the discussion or may initiate discussion/topics relevant to the course without prejudice, bigotry,
biases and discrimination and consider individual differences;
7. Monitor their E-Mail/SMS inboxes for announcements, assignments and comments. Hence, all students are required to register in
group;
8. Observe proper citations when utilizing published or unpublished works to avoid violations of Intellectual Property Rights;
9. Share insights to improve Rubrics for each Requirement;
10. Submit required tasks in a neat and presentable manner; and,
11. Prepare, accomplish, submit, present and perform all assigned tasks and course works required in order to pass this course.
** The Professor in-charged of this course is also expected to exhibit the same above-mentioned expectations.
ONLINE/REMOTE CLASSROOM POLICIES (Adopted)
1. Late submissions are not accepted. Unless there is a very valid excuse for such late submission. The following are considered valid:
hospitalized (with medical certificate), death of an immediate family member (God forbid), and flu (but not hospitalized; with an excuse
letter from parents, guardian, or dorm manager).
2. Plagiarism is to be avoided at all costs. First offense, the student will receive a grade of 0 for the work/activity/seatwork/essay. Second
offense, the student will receive a final grade of 0.0 for the subject.
3. No one is allowed to use his or her phone for texting or calling, unless it is for emergency purposes.
4. For attendance, the policies of the school are applied.
SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

FORMAT OF PAPERS (This is followed in any requirement that will be submitted in class)

1. PAPER: A4 bond paper


2. ORIENTATION: Portrait (It would only be in landscape if specified in the instructions)
3. MARGIN: 1” margin – top, bottom, left, right
4. FONT: Arial #11
5. SPACING: Double space, but no extra space between paragraphs
6. TOP OF THE FIRST PAGE: On the top of the first page should always be:
FAMILY NAME, FIRST NAME, DATE
SUBJECT AND SECTION
(if there are two or more names, always arrange them alphabetically)
7. PAGE NUMBERS: Always have page numbers, unless the assigned paper has only one page.
8. CITATION: Use APA format for citations.
9. REFERENCE: The “Reference” will always be on a separate paper or papers.
10. SUBMISSION: Papers having 2-15 pages to be submitted should be fastened together; papers having more than 16 pages should be
soft bounded.
REFERENCES
CONRADO T. VALIX (2019) Intermediate Accounting 3, GIC ENTERPRISES INC.
RAFAEL M. LOPEZ JR. (2019) FINANCIAL ACCOUNTING AND REPORTING, MS LOPEZ PRINTING AND PUBLISHING

Prepared by: Reviewed by: Approved by


SAINT COLUMBAN COLLEGE
San Francisco District, Pagadian City
COLLEGE OF BUSINESS EDUCATION
Summer Academic Year 2019– 2020

COURSE SYLLABUS

CARL JOSEPH C. FUERZAS, CPA CHRISTIAN CLYDE CHING, CPA DR. SUSAN M. RAMIREZ
Instructor Dean, College of Business Education VPAA

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
STUDENT’S ACKNOWLEDGMENT

I, __________________________________, a graduate student of the _________ Program hereby acknowledge receipt of the herewith attached
Course Syllabus of _____________________________________, Summer of SY 2019-2020.

_________________________________
Student’s Signature over Printed Name Date:_________________________ Time: ______________

You might also like