Pasig Catholic College
COLLEGE DEPARTMENT
Course Title
Credit Units
Course Description
Institutional Learning Outcomes
1. Creative and Critical
Thinking
2. Effective Communication
3. Strong Service Orientation
4. Passion to Life-Long
Learning
5. Sense of Personal and
Professional Ethics
Outcomes-Based Teaching Learning Plan
GOVERNANCE, BUSINESS ETHICS, RISK MANAGEMENT Course Code Management 104
AND INTERNAL CONTROL
3 units Course Pre-/Co-requisites
This course is designed to prepare students for a high standard of responsibility as they enter the corporate world which
continues to change in dramatic ways, where demand for competency and professionalism is always present. It aims to
prepare them to be future business leaders who will play a central part in the management and resolution of critical issues
involving businesses and people. They will also be equipped with basic knowledge and skills to thrive in difficult situations
like economic volatility and geo-politics, among other timely issues. Topics covered include leadership as it relates to the
professional accountant, the recognition and management of risks concerning an enterprise, and the application of internal
control concepts and standards so as to contribute to organizational stability and growth. Pertinent principles advocated by
different frameworks such as those of the Committee of Sponsoring Organization (COSO), Sarbanes Oxley Act of 2002 and
ethical practices that are within and beyond the provisions of the law are covered.
Program Outcomes
BSA graduates must demonstrate the ability to review, interpret and evaluate financial data and systems in compliance with established
policies, procedures, guidelines, agreements and/or legislation. He must be able to link data, knowledge and insight together with
different sources and disciplines to make informed decisions.
BSA graduates should possess active listening skills and the ability to communicate effectively one’s point of view, both orally and in
writing, at all organizational levels; be able to explain verbally and/or writing financial, statistical, administrative matters/
policies/procedures/ regulatory matters/audit results at a level appropriate to the audience and must be able to negotiate effectively
BSA graduates should develop an ability to work in groups, possess skills to participate as member of a team or/and contribute to group
effort; be able to teach others new skills; be able to work to the satisfaction of the clients; negotiate and work with diversity or work well
with men and women from diverse backgrounds
BSA graduates must work with the highest standards of professionalism, to attain higher level of performance and generally to meet the
public interest, he must conform to the ethical standards of the profession that include: Integrity, objectivity and independence,
professional competence and due care, confidentiality, professional behavior and moral values
 6. Sense of Nationalism and BSA graduates should possess general knowledge in gaining and understanding of the different cultures in the world and developing an
Global Responsiveness international objective thus, he must possess competency in English language, adaptability to foreign business practices, level of
7. Community Engagement trainability and good capabilities in dealing with foreign partners

8. Adeptness in Responsible BSA graduates should not only be conversant with IT concepts for business systems but sound knowledge on internal control in
Use of Technology computer-based systems, development standards and practices for business systems, management of the adoption, implementation and
use of IT, evaluation of computer business systems, and managing the security information.

9. High Level of Leadership
and Organization Skills
Course Intended Learning
Outcomes [CILO]
BSA graduates should possess broad base of knowledge concerning macro-environmental, economic and industry issues, business
process structures, functions and practices. It includes knowledge in areas such as economics, quantitative models and busines statistics,
organizational behavior, international business, ethics and corporate governance.
At the end of the course, the students are expected to:
1. Describe, classify, structure and combine the concepts, theories and methods involved with Corporate Governance, and
Business Ethics;
2. Identify relevant issues on governance, ethical practices and managing risks of the firm and what (the student) as future
manager may face in the business.
3. Apply the concepts, theories, methods of the courses to concrete cases and examples;
4. Familiarize with the pertinent principles advocated by different frameworks such as those of the Committee of Sponsoring
Organization (COSO), Sarbanes Oxley Act of 2002 and other ethical practices that are within and beyond the provisions of
the law.
5. Apply different internal control concepts and standards so as to contribute to organizational stability and growth.
6. Analyze and synthesize concrete problems within current issues and be able to make a constructive critic and solutions.
DETAILED LEARNING PLAN
Week no. No. of Topic Learning Outcomes Activity/ Approaches Assessment
Hours
Week 1 1 hour Presentation/ Orientation of the After the discussion, the students must Presentation of the syllabus.
subject, requirements, grading be able to: Clarification of expectation.
system, required textbooks and 1. Understand and clarified with
references, class management the subject requirements, class
policies and procedures policies and procedures, grading
system and other matters related
.
Week 1- 5 14 hours 1. Ethics and Business At the end of the lesson, student is  Lectures/Discussion  Oral
a. Nature of Business expected to:  Multimedia Presentation
b. Importance of Ethics in  Know the different nature of Presentation  Homework
Business business and its composition;  Group Tasks  Quizzes
c. Relationship between Ethics  Relate Ethics to business;  Case Analysis  Recitation
and Business  Distinguish of ethics application  Class Activity  Case Study
d. Moral reasoning in business in promoting good business exercises Report
e. Morality of profit motive operation;
f. Business Ethics Defined  Understand how politics arise in
the organization; and
2. Organizations, Structures and  Design policy implementations
Political Environment
to management organizational
a. Demographic structures and
conflicts and political issues.
product and labor markets
b. Socio-economic groupings
c. Influence of culture on
organizational values, attitudes,
behavior and performance
d. Social responsibility and
Organization
e. Ethical Behavior in the
Enterprise
f. The role of the state and its
 impact on organization
g. Political parties and pressure
groups and their influence on
government policy

Week 6-9 12 hours 3. Internal and External institution At the end of the lesson, student is
of corporate governance expected to:  Lectures/Discussion  Oral
a. Purpose of Corporation  Identify the different internal  Multimedia Presentation
b. Internal Institution of Corporate and external institution in Presentation  Homework
Governance governance;  Group Tasks  Quizzes
c. Legal Constraints  List the legal constraints in  Case Analysis  Recitation
d. External Institutions of corporate governance;  Class Activity  Case Study
Corporate Governance  Create alternative models in exercises Report
e. Alternative Models of utilizing corporate regulations;
Corporate Regulation and  Understand the purpose and
Governance concept of CSR;
 Roles of CSR in improving
4. Corporate Social Responsibility company productivity; and
a. Concept of CSR
 Design relative programs to
b. Ethical Leadership and
initiate effort towards
psychology of decision making
c. Corporate Citizenship, community and the society.
philanthropy and social
initiatives
d. CSR in the Global Context

Week 10 3 hours Midterm Period

Major Examination

At the end of the lesson, student is

Week 11-13 9 hours 5. Agency problem in corporate expected to:  Lectures/Discussion  Oral
governance  Identify the problems and  Multimedia Presentation
a. Duties of enforcing managers constraints (internal and Presentation  Homework
b. Mechanism of stockholders external) in corporate  Group Tasks  Quizzes
accountability governance,  Case Analysis  Recitation
c. Outside Forces: Regulators and  Understand the nature of  Class Activity  Case Study
Government investment; and exercises Report
 Emphasize the process of
6. Standards Setting, Corporate foreign investment, rules of
Governance Reform privatization and mitigate the
a. Role of institutional investors effects of insolvency regimes.
b. Role of standard setting
organizations
c. Legislative initiative and
proposals
d. Impact of cross-listing
e. The Process and prospects of
convergence of national
standards

7. Corporate Governance in
Foreign Investment
a. Corporate Governance and
Privatization
b. Insolvency regimes and their
effect on corporate governance

At the end of the lesson, student is

Week 14-17 12 hours 8. Introduction to Risk expected to:  Lectures/Discussion  Oral
Management  Have in-depth understanding in  Multimedia Presentation
a. Risk Management process and the nature of risk that is present Presentation  Homework
Analysis in any business;  Group Tasks  Quizzes
b. Risks in our Society  Compare and contrast the  Case Analysis  Recitation
c. Property and Liability Risks, different types of risks;  Class Activity  Case Study
Perils and Hazards  Analyze strategies in managing exercises Report
d. Direct and Indirect Loss risks;
e. Analysis of Strategies for  Design effective strategies to
client vs. insurer manage risk
 Define internal control system
 Explain the elements of internal
9. Internal Control control
a. Overview of Internal Control
 Give and explain the elements
b. Fraud and errors
of a fraud triangle
c. Errors and irregularities in
 Have an in depth understanding
transaction cycles of business
in the detection and prevention
entities
of fraud
d. Internal Control affecting assets
e. Internal Control affecting
liabilities and equities

Week 18 3 hours FINALS Major Examination

REFERENCES:

Cabrera, Ma. Elenita B. (2020) Corporate Governance, Business Ethics, Risk Management and Internal Control. GIC Enterprises & Co. Inc
Zarate, Cynthia (2018) Business Ethics and Social Responsibility, C&E Publishing, Inc,
Padilla, Reynaldo A. (2016) Business Ethics and Social Responsibility, JFS Publishing, Inc,

GRADING SYSTEM

Major Examinations: 30%

Midterm/ Finals

Class Average and Participation 60%

Quizzes/ seatwork/ Homework/
Recitation/ Class Presentation/
Case Study report

Attendance 10%
100%

Prepared by: Checked by: Approved by:

Dr Rolando E. Robledo Mrs. Jennifer Charangerro Dr. Leonora Fernandez