POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

COLLEGE OF ACCOUNTANCY AND FINANCE

DEPARTMENT OF ACCOUNTANCY AND MANAGEMENT ACCOUNTING

COURSE TITLE ACCOUNTING FOR GOVERNMENT AND NON-PROFIT ORGANIZATIONS

COURSE CODE ACCO 30033
CREDIT UNITS 3 UNITS
COURSE PREREQUISITE ACCO 30013
COURSE DESCRIPTION This course is designed to orient the students to accounting and reporting in the government, not-for-profit organizations, insurance, banks and other related industries. Topics discussed are concepts and
transactions related with government budgeting, accounting and auditing; accounting and reporting for not-for profit organizations (NPOs) such as hospitals, colleges and universities, voluntary, health
and welfare organizations (VHWO),and other NPOs. This course also includes basic concepts related with insurance companies, both life and non-life, banks, and service concession arrangement. This
course is also designed to distinguish between profit and non-profit organizations.
Institutional Learning Outcomes Program Outcomes Course Outcomes
1. Creative and Critical Thinking BSA and BSMA graduates must demonstrate the ability to review, interpret, evaluate Upon completion of the course, the students will be able to:
Graduates use their imaginative as well as a rational thinking ability to life financial data and systems in compliance with established policies, procedures, a. have a clear understanding of the concepts related with
situations in order push boundaries, realize possibilities, and deepen their guidelines, agreements and/or legislation. They must be able to link data, knowledge and government budgeting and accounting;
insight together with different sources and disciplines to make informed decisions.
interdisciplinary and general understanding of the world.
b. have acquired a thorough knowledge about the journal
2. Effective Communication BSA and BSMA graduates should possess active listening skills and the ability to
Graduates are proficient in the four macro skills in communication (reading, effectively communicate one’s point of view, both orally and in writing, at all
entries and financial statements of a not-for profit
writing, listening, and speaking) and are able to use these skills in solving organizational levels; be able to explain verbally and/or writing financial, statistical, organizations such as VHWO, educational institutions,
problems, making decisions, and articulating thoughts when engaging with administrative matters/policies/procedures/regulatory matters/audit results at a level hospitals, and professional organizations;
people in various circumstances. appropriate to the audience and must be able to negotiate effectively. c. have equipped themselves with a clear understanding and
3. Strong Service Orientation knowledge about insurance companies as to revenue
BSA and BSMA graduates should develop an ability to work in groups, possess skills to
Graduates exemplify the potentialities of an efficient, well-rounded and recognition and financial statements preparation and
participate as member of a team or/and contribute to group effort; be able to teach others
responsible professional deeply committed to service excellence. new skills; be able to work to the satisfaction of the clients; negotiate and work with presentation;
4. Community Engagement diversity or work well with men and women from diverse backgrounds.
d. apply knowledge acquired in banks and insurance
Graduates take an active role in the promotion and fulfillment of various
advocacies (educational, social and environmental) for the advancement of BSA and BSMA graduates must work with the highest standards of professionalism, to
companies in planning and decision-making; and
community welfare. attain higher level of performance and generally to meet the public interest, he must e. Have assumed responsibility, integrity, accuracy,
conform to the ethical standards of the profession that include: Integrity, objectivity and timeliness, and neatness in the preparation, presentation
5. Adeptness in the Responsible Use of Technology
independence, professional competence and due care, confidentiality, professional
Graduates demonstrate optimized use of digital learning abilities, including and submission of financial statements in the government,
behavior and moral values.
technical and numerical skills. NPOs, and Cooperatives.
6. Passion to Lifelong Learning BSA and BSMA graduates should possess general knowledge in gaining and
Graduates are enabled to perform and function in the society by taking understanding of the different cultures in the world and developing an international
responsibility in their quest to know more about the world through lifelong objective thus, he must possess competency in English language, adaptability to foreign
learning. business practices, level of trainability and good capabilities in dealing with foreign
partners.
7. High Level of Leadership and Organizational Skills
Graduates are developed to become the best professionals in their respective
BSA and BSMA graduates should not only be conversant with IT concepts for business
disciplines by manifesting the appropriate skills and leaderships qualities. systems but sound knowledge on internal control in computer-based systems,
8. Sense of Personal and Professional Ethics development standards and practices for business systems, management of the adoption,
Graduates show desirable attitudes and behavior either in their personal and implementation and use of IT, evaluation of computer business systems, and managing
professional circumstances. the security information.
9. Sense of National and Global Responsiveness
BSA and BSMA graduates should possess broad base of knowledge concerning macro-
Graduates’ deep sense of national compliments the need to live in a global village
environmental, economic and industry issues, business process structures, functions and
where one’s culture and other people culture are respected.
practices. It includes knowledge in areas such as economics, quantitative models and
business statistics, organizational behavior, international business, ethics and corporate
governance.
Course Plan
Week Topic
1 Orientation on course syllabus; grading
system; class management policies;
required textbook and other
instructional materials, and references.
Learning Outcomes Methodology
• Understand the policies on attendance, integrity, • Presentation of the grading
grading system and the contents of the course. system; class management
• Make the students at ease and eager to learn. policies and the rest of the
syllabus.
Resources Assessment
Approved course syllabus to be
distributed to the students

1-2 BASIC CONCEPTS IN GOVERNMENT
ACCOUNTING
• Definition, scope, objectives of
government accounting
• Budgetary Process
• Government Accounting Manual
(GAM)
• Philippine Public Sector
Accounting Standards (PPSAS)
• Revised Chart of Accounts
(RCA)
After thorough discussion of the topics, the learner will • Lecture/Discussion Government websites such as • Online activities and
be able to: • OHP/PPT presentation www.dbm.gov.ph and assignments
• define various terms in government budgeting • Presentation of actual www.coa.gov.ph • Online Quiz 1: Theory
and accounting; financial statements of a questions on concepts related
• familiarize themselves with the functions of the government institution. GAM with government budgeting ,
different government agencies responsible for Government Accounting
the formulation and control of government PPSAS Manual (GAM) and Revised
funds; Chart of Accounts (RCA)
• describe the government budget/process Any locally authored book in
systems; Government accounting
• understand the coding system in the Revised
Chart of Accounts (RCA); and
• understand the Government Accounting
Manual (GAM)

3-6 NATIONAL GOVERNMENT AGENCIES
(NGAs)
• Budgetary procedures for NGAs
• Chart of Accounts
• Journal entries
• Preparation of simple financial
statements
• Presentation of actual financial
statements of a national
government agency.
• Problems solving
After thorough discussion of the topics, the learner will • Lecture/Discussion Government websites such as • Online activities and
be able to: • OHP/PPT presentation www.dbm.gov.ph and assignments
• differentiate the three sectors in government- • Analyzing short www.coa.gov.ph • Online Quiz 2: Journal entries
NGAs, LGUs and GOCCs; cases/problems in • Online Quiz 3: Problems
• journalize the receipt of NCA for MDS regular, government accounting Any locally authored book in solving
special, trust and TRA; • Exercises Government accounting
• journalize the obligations incurred for PS, • Assignment
MOOE, FE and CO; • Research work GAM for NGAs
• journalize the disbursements for PS, MOOE , • Group/Team Learning
FE and CO; PPSAS
• journalize receipts and revenue items for
NGAs; COA
• compute depreciation for PPE;
• prepare simple trial balance; and Assignment
• prepare simple financial statements for NGAs.
 7-8 LOCAL GOVERNMENT UNITS
be able to:
• Budgetary procedures for LGUs
• Chart of Accounts
• Journal entries
• Preparation of simple financial
statements
• Presentation of actual financial
statements of a national
government agency.
• Problems solving
After thorough discussion of the topics, the learner will • Lecture/discussion Government websites such as • Online activities and
• OHP/PPT presentation www.dbm.gov.ph and assignments
• describe the budgetary procedures in a local • Recitation www.coa.gov.ph • Online Quiz 4: Theory and
government setting; • Group/Team learning journal entries for LGUs
• differentiate the difference between NGAs and • Assignment /Research GAM for LGUS • Online Quiz 5: Problems
LGUs in terms of budgeting and accounting; • Exercises – application of solving
• journalize transactions from the receipt of IRA, the theory PPSAs
incurrence of obligations and disbursements; • Problem Solving
• journalize the receipt and revenues earned for • Group work: Analyzing Local Government Code
real property tax, special education tax, short cases/situations
business income, service income and • then present COA
miscellaneous income; solutions/findings to class
• prepare simple trial balance;
• prepare financial statements
• compute depreciation and other problems
related with PPE; and
• solve other problem related with accounting
for LGUs.

9 MIDTERM DEPARTMENTAL EXAMINATION

10-15 NOT FOR PROFIT ORGANIZATIONS After thorough discussion of the topics, the learner will • Lecture/discussion Any foreign authored book in • Online activities and
be able to: • PPT presentation accounting for NPOs assignments
a) Definition, nature and • define and cite the characteristics of a not-for- • Group/Team learning • Online Quiz 6: Basic Concepts
characteristics of A Not-for-Profit profit organization; • Reporting Any local authored book in related with NPOs
Organizations • compare government agencies with not-for- • Assignment accounting for NPOs • Online Quiz 7: Journal Entries
b) Different classification of funds profit organizations; • Application of concepts in accounting for NPOs
and accounts used in not-for- • define the different classification of funds; through problem solving Actual financial statements of an • Online Quiz 8: Theory &
profit organizations • identify the accounts used in an NPO; • Analyzing short cases NPO Problems Solving
c) Classification of net assets for • identify the different classification of net assets;
NPO • journalize typical transactions of an NPO; PFRS for SMEs
d) Journal Entries for typical • prepare financial statements for not-for profit
transactions of an NPO organizations; and PFRS
• VHWO • present actual financial statements and
• Hospitals compare with the concepts learned during the
• Colleges & Universities classroom discussion.
• Other NPOs
e) Prepare financial statements of an
NPO
f) Presentation of actual financial
statements of an NPO
• VHWO
• Hospitals
• Colleges & Universities
• Other NPOs
 16-17 COOPERATIVES After thorough discussion of the topics, the learner will • Lecture/discussion www.cda.gov.ph • Online activities and
be able to: • PPT presentation assignments
• define and cite the characteristics of a • Group/Team • Online Quiz 9: Theory &
cooperative; learning Problems Solving
• understand and Compare government • Reporting
agencies, not-for-profit organizations, and • Assignment
cooperatives; • Application of
• identify the basic laws applicable to concepts through
cooperatives; problem solving
• apply the concepts in accounting for
cooperatives; and
• prepare simple financial statements of
cooperative.

18 FINAL DEPARTMENTAL EXAMINATION

Suggested Readings and References

• Philippine Public Sector Accounting Standards (PPSAS)
• Government Accounting Manual
• CIRC HJ 9801 H672015 Copley, Paul A., Essentials of Accounting for Governmental and Not-For-Profit Organizations , 2015
• Advanced Financial Accounting-A Comprehensive & Procedural Approach, Antonio J. Dayag, 2021 edition
• www.coa.gov.ph
• www.dbm.gov.ph
• www.cda.gov.ph

Course Grading System

ONLINE MODE OF LEARNING
Class Standing 70%
Quizzes 50%
Assignments and other activities 20%
Departmental examination 30%
Total 100%

Final Grade = (1st Grading Period + 2nd Grading Period)

2

CORRESPONDENCE MODE OF LEARNING

Result from Online Final Departmental Examination 60%
Result from the activities in the modules 40%
Total 100%
 Classroom Policy
The allowed number of absences for students enrolled in ACCO 30033 with once-a-week meeting is four (4). Request for excused absences or waiver of absences must be presented upon reporting back to class. Special
examinations will be allowed only in special cases, such as prolonged illness. It is the responsibility of the student to monitor his/her own tardy incidents and absences that might accumulate leading to a grade of “FA,”
(Failed due to Absences). It is also his/her responsibility to consult with the teacher, chair or dean should his/her case be of special nature.

All BSA and BSMA students are expected to be academically honest. Cheating, lying and other forms of immoral and unethical behavior will not be tolerated. Any student found guilty of cheating in examinations will
(at a minimum) receive a grade of 5.0 in the said test.

Consultation Time
Subject to the availability of the subject teacher, student may approach the subject teacher for queries about his/her grade as well as other academic requirements for the subject.

Prepared by: Enhanced by: Reviewed by:

(Sgd.) (Sgd.) (Sgd.)

Ma. Delia M. Liz, MBA, CPA Andrea Rose E. Rimorin, MBA, CPA Noel A. Bergonia, MBA, CPA
Faculty Member Faculty Member Chairperson, Department of Accountancy

(Sgd.)
Marietta M. Doquenia, MBA, CPA
Chairperson, Department of Management Accounting
Recommending Approval:

(Sgd.)
Dr. Julieta G. Fonte, CPA
Dean, College of Accountancy and Finance

Approved by:

(Sgd.)
Dr. Emanuel C. De Guzman
Vice President for Academic Affairs

Revised September 2021