Agusan Colleges, Inc.

Butuan City

Syllabus

Institutional Vision A leading academic institution offering quality affordable education producing graduates who will become contributing
and responsive members of the global community.
Institutional Mission To provide high quality, comprehensive and meaningful education for all students so that they become productive citizens
Empowered with knowledge and skills and untainted personal attributes.
Institutional Goals As envisioned by the Founder, ACI’s goals are based not only on a liberal learning education which encourages the molding
and growth of productive professionals but also on the provision of opportunities.
1. To enable students to acquire a body of knowledge in a specific discipline.
2. To think critically
3. To enhance student abilities to make significant contributions to the communities where they live.
4. To provide the pathway for students to continue the pursuit of life-long learning.
Program Vision, Mission, and Goals

Institutional Intended Learning Outcomes

Course Name Intermediate Accounting 3
Course Code BSAIS 304
Course Unit Three ( 3 ) units
Course Description This is the culmination of Financial Accounting Theory and Practice lot. It includes financial statements, statements of
Financial position, notes to financial statements, statement of comprehensive income, noncurrent asset held for sale,
discontinued operations, accounting changes, interim financial reporting, operating segment, cash and accrual basis,
single entry, error correction, statement of cash flows, hyperinflation, current cost accounting, SMEs-part one, SMEs - part two,
and SMEs- part three.

Pre-requisites/ Co-requisites Intermediate Accounting 2

Contact hours 54 hours
Course Intended Learning Outcomes upon completion of this course, the students will be able to evaluate contemporary issues in accounting and related disciplines.
They will be able to analyze and interpret effectively transactions for Small and Medium sized entities and achieved fair presentation
of the financial statements prepared in accordance with PFRS which represent the GAAP in the Philippines.
 Teaching and
Integrated Learning Learning Assessment
Week Outcomes Activities Task Allocation
No. Topics (ILO) (TLA) Resources References (AT) Time
1-2 1. Financial Statements After this session, the students can: Lecture Journals Financial Assignments 6 hours
General Purpose of financial statements  describe the importance of Recitation Books Accounting Group
Components and objectives of financial the information provided by the. Discussion Exercises Volume Three,by Discussion
statements financial statements Research Conrado T.Valix, Quizzes
Financial Reporting-objectives  explain the primary responsibility Jose F.Peralta and Detailed Course
Responsibility for financial statements for financial statements Christian Aris Syllabus
Accountability of management  assess the effectiveness of the M.Valix
General features of financial statements entity's management
Identification of financial statements  account for entity's resources
Elements of Financial statements for their proper, efficient and
Recognition of elements profitable use
Asset recognition principle  identify the primary users and
Liability recognition principle other users of financial
Income recognition principle information
Expense recognition principle
Measurement of elements
Users for financial statements
2.Statement of Financial Position After this unit, the students can: Lecture Journals Financial Assignments 6 hours
Statement of financial position defined  describe the principles of Recitation Books Accounting Group
Definition of assets statement presentation Discussion Exercises Volume Three,by Discussion
Current assets  classify assets as current Research Conrado T.Valix, Quizzes
Presentation of current assets and noncurrent based on the Jose F.Peralta and
Noncurrent assets criteria provided Christian Aris
Presentation of noncurrent assets  classify liabilities as current M.Valix
Definition of liabilities and noncurrent based on the
Current liabilities criteria provided
Long-term debt currently maturing  explain the effect of breach of
Covenants covenants on the balance sheet
Presentation of current liabilities classification of a liability
Noncurrent liabilities  classify estimated liabilities
Estimated liabilities whether current on noncurrent
Contingent liability  explain the effect of recognizing
Contingent asset a contingent asset
Elements of shareholders' equity with
 list the elements constituting
equivalent IAS term
the stockholders' equity
Line items in the statement of financial
 describe the treatment of
position
contingent assets in the financial
Forms of statement of financial position
statements
 illustrate the report form and
account form of statement of
financial position
3-4 3.Notes to Financial Statements After this unit, the students can: Lecture Journals Financial Assignments 6 hours
GRADING SYSTEM

Agusan Colleges Inc., modified its grading system into two sets, Online and Modular Learning, to accommodate students with their learning modality.

PARAMETERS GRADING AND MARKING

Attendance 10%
Project 10%
Quizzes/Assignments 30%
Examination 40%
Active Participation 10%
Total 100%

Computation of the Overall or Final Grade shall be the average of the students Midterm and Final grade.

MIDTERM 40%
FINAL 60%
TOTAL 100%

Date Revised:
Effectivity :

Prepared: Reviewed: Approved:

FE C. ORTIZ, CPA JOANNA B. CUENCA, Ph.D. CESO III HANNIBAL FRITZ V. CHANJUECO, D.M.
Dean, BSAIS Executive Vice President/VPAARE School President