COURSE SYLLABUS

Course No and Name Financial Accounting

Course Credits 3 Units
Course Description This course focuses on the basic concepts of Accounting, primarily on the accounting cycle using the double entry system
which includes: (1) identification of accounting transactions including the use of T-Accounts; (2) preparation of financial
statements; and (3) discussion on the revenue cycle, the expense cycle, the financing cycle and the investment cycle as
they relate to the accounting system. Emphasis will be on the use of accounting information for making business decisions.
Whenever possible, quantitative approaches to illustrating accounting concepts will be used.
Contact Hours/Week 3 Hours
Prerequisite
Course Objectives At the end of the semester, the students are expected to be able to:
1. Analyze business transactions and produce the journal entries to prepare the following financial statements:
a. Balance Sheet b. Income Statement c. Cash Flow Statement
2. Use information from the financial statements to analyze business situations in cases.
3. Perform rudimentary financial statement analysis.
COURSE OUTLINE AND TIMEFRAME
Course Content/Subject Matter
Chapter 1: The Nature & Purpose of Accounting
Chapter 2: Balance Sheet
Chapter 3: Income Statement
Chapter 4: Accounting Records & Review
Chapter 5: Sources of Capital
Chapter 6: Statement of Cash Flows
Chapter 7: Financial Statement Analysis
 LEARNING PLAN
Desired Learning Course Content/ Subject Matter Textbooks/ Teaching and Assessment Resource Time
Outcomes (DLO) References Learning Task Materials Table
Activities
(TLA’s)
At the end of the semester, Preliminaries: College Handbook
the students are expected to 1. Vision and mission of the IBA Modular (Flexible Modular (Flexible Printed 1 hour
Learning) Learning) Modules/
be able to: College of Mindanao Online
1. Analyze business 2. Value statement of the school discussion
transactions and
3. Goals and objectives of the
produce the journal
entries to prepare the school
following financial
Chapter 1:
statements: Modular (Flexible Modular (Flexible Printed 3 hours
The Nature & Purpose of Accounting https://www.ccs.edu/cms/li
• Balance Sheet b/NY01913591/Centricity/D
omain/199/CHAPTER%20
Learning) Learning) Modules/
• Income Statement 1%20SUPA%20MY%20N Online
discussion
• Cash Flow Statement OTES.pdf

2. Use information from

the financial Chapter 2: Balance Sheet https://corporatefinanceinst Modular (Flexible Modular (Flexible Printed 3 hours
statements to analyze itute.com/resources/knowle Learning) Learning) Modules/
business situations in
dge/accounting/balance- Online
sheet/
discussion
cases.
3. Perform rudimentary
financial statement Chapter 3: Income Statement Modular (Flexible Modular (Flexible Printed 3 hours
https://corporatefinanceinst
analysis. itute.com/resources/knowle Learning) Learning) Modules/
dge/accounting/income- Online
statement/ Research references and discussion
research

Chapter 4:
Modular (Flexible Modular (Flexible Printed 3 hours
Accounting Records & Review Learning) Learning) Modules/
Online
Research references and discussion
research
 Chapter 5: Sources of Capital Modular (Flexible Modular (Flexible Printed 3 hours
Learning) Learning) Modules/
Online
Research references and discussion
research

Chapter 6: Statement of Cash Flows Modular (Flexible Modular (Flexible Printed 3 hours
Learning) Learning) Modules/
Online
Research references and discussion
research

Chapter 7: Modular (Flexible Modular (Flexible Printed 3 hours

Learning) Learning) Modules/
Financial Statement Analysis Online
Research references and discussion
research

Suggested Readings and • Financial Accounting books, PDF download from Internet, Case analysis
References
Course Requirements • All activities be complied on time or per case-to-case basis
• Complied Class Output/Portfolio on or before the Final-term exam

Grading Systems Prelim Midterm Semifinals Finals

Quizzes 10% 10% 10% 10%
Term Output 30% 30% 30% 30%
Term Exam/Assessment 60% 60% 60% 60%
TOTAL 100% 100% 100% 100%
Policies • On-time submission of outputs, as scheduled.
• Allocate time for learning, even flexible.
Prepared by:
(SGD.) RAMON VINCENT A. TORRES MOONYEEN LILLETH V. ANTONIO, MAT, MAEd
College Instructor Vice President for Academic Affairs

Approved:
RENANTE B. ANTONIO
School President