Department of Accounting Education

ACC 227 – Course Syllabus

COURSE INFORMATION
1. Course Number : ACC 227
2. Course Name: : Law on Cooperatives and Securities Regulation Code
3. Course Description : This course gives the student an understanding of the legal concepts and rules
governing the law on cooperatives and the Securities Regulation Code.
4. Pre-requisite : ACC 225
5. Co-requisite : None
6. Credit : 3.0 units
7. Class Schedule : 9 hours per week (Summer)

PROGRAM EDUCATIONAL OBJECTIVES (PEO) OF BSA:

Three to five years after graduation, the BSA graduates are expected to:
1. Demonstrate technical and professional competence in the practice of the profession: private,
government, academe, and public accounting.
2. Involve in continuing professional development through participation to trainings, seminars,
conferences, and further studies.

ALIGNMENT OF GRADUATE ATTRIBUTES (GAS) AND PEOS TO SOS

SO A B C D E F G H I J K L M N O P Q R S T
Galing ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Graduate Gawa ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Attributes Gawi ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Gana ✓ ✓ ✓ ✓ ✓
Program PEO1 ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓
Educational
PEO2 ✓ ✓ ✓
Objectives

COURSE OUTCOMES (CO) OF ACC 227 AND THEIR LINKS TO SO

SO
Upon completion of the course, the BSA students are expected to:
A B C D E F G H I J
Explain the nature and concept of cooperative and the rules
CO 1 E E E
that govern them.
Explain the underlying concept and importance of securities
CO 2 E E E
regulation code.

SO
Upon completion of the course, the BSA students are expected to:
K L M N O P Q R S T
Explain the nature and concept of cooperative and the rules
CO 1 I I D D E E
that govern them.
Explain the underlying concept and importance of securities
CO 2 I I D D E E
regulation code.

Legend:
I = Upon attainment of this CO, students will have been introduced to the SO.
E = Upon attainment of this CO, students will have enabled themselves to attain the SO.
D = Upon attainment of this CO, students will have demonstrated partly or fully the SO.

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ACC 227 – Course Syllabus
University Vision, Mission, Philosophy, Graduate Attributes, Program Educational Objectives (PEO)
Values, and Competencies

Vision: The University of Mindanao envisions to be a leading 1. Demonstrate technical and professional
globally engaged university creating sustainable impact in society. competence in the practice of the
profession: private, government, academe,
Mission: The University of Mindanao seeks to provide a dynamic and public accounting.
learning environment through the highest standard of instruction,
research, extension, and production in a private non-sectarian 2. Involve in continuing professional
institution committed to democratizing access to education. development through participation to
trainings, seminars, conferences, and further
Educational Philosophy: Transformative education through studies.
polishing diamonds in the rough.

Values: Excellence, Honesty and Integrity, Innovation, and

Teamwork.

Graduate Attributes: Galing, Gawa, Gawi, at Gana

Core Competency: Quality, affordable and open education

Student Outcomes (SO)

SOa. Articulate and discuss the latest developments in the specific field of
practice. (PQF level 6 descriptor)
SOb. Effectively communicate orally and in writing using both English and
Filipino.
SOc. Work effectively and independently in multi-disciplinary and multi- Course Outcome (CO)
cultural teams. (PQF level 6 descriptor)
SOd. Act in recognition of professional, social and ethical responsibility.
SOe. Preserve and promote Filipino historical and cultural heritage.
SOf. Describe the basic functions of management such as planning,
organizing, leading and controlling.
SOg. Identify and describe the basic concepts that underlie each of the
functional areas of business (marketing, finance, human resources 1. Explain the nature and concept of
management, production and operations management, information cooperative and the rules that govern them.
technology and strategic management) and employ these concepts in
various business situations.
SOh. Select the proper decision-making tools to critically, analytically and 2. Explain the underlying concept and
creatively solve problems and drive results. importance of securities regulation code.
SOi. Express clearly and communicate effectively with stakeholders both in
oral and written forms.
SOj. Apply information and communication technology (ICT) skills as
required by the business environment.
SOk. Work effectively with other stakeholders and manage conflict in the
workplace.
SOl. Organize and lead groups to plan and implement business related
activities.
SOm. Demonstrate corporate citizenship and social responsibility; and
SOn. Exercise high personal moral and ethical standards.
SOo. Resolve business issues and problems, with a global perspective and
particular emphasis on matters confronting financial statement preparers
and users, using their knowledge and technical proficiency in the areas of
financial accounting and reporting, cost accounting and management,
management accounting, auditing, taxation and accounting information
systems.
SOp. Conduct accounting research through independent studies of relevant
literature and appropriate use of accounting theory and methodologies.
SOq. Employ technology as a business tool in capturing financial and non-
financial information, generating reports and making decisions.
SOr. Apply knowledge and skills that will enable them to successfully
respond to various types of assessments (including professional licensure
and certifications).
SOs. Maintain a professional commitment to good corporate citizenship,
social responsibility and ethical practice when performing functions as a
professional accountant.
SOt. Participate in various types of employment, development activities, and
public discourses, particularly in response to the needs of the communities.
one serves.

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ACC 227 – Course Syllabus
CO AND ASSESSMENT TASK ALIGNMENT
Assessment Task
CO Assessment
Theory-based Practice-based Coverage
Schedule
➢ Law on Cooperatives
• Introduction
Multiple Choice • Organization and
Short essay Prelim Exam
Questions registration
• Membership
• Administration
➢ Law on Cooperatives
1. Explain the nature and concept of • Responsibilities
cooperative and the rules that and Rights
govern them. • Insolvency and
Multiple Choice Dissolution
Short essay Midterm Exam
Questions
• Allocation of
Funds
• Electric
Cooperatives

Multiple Choice ➢ All Topics

2. Explain the underlying concept None Final Exam
Questions
and importance of securities
regulation code.
*Final assessment will be a comprehensive examination (from first topic to the last) in an MCQ

ASSESSMENT TASK DETAILS (THEORY-BASED)

Assessment Assessment
Coverage Details
Schedule Task
You are expected to select among the given choices the appropriate
concept and nature of cooperative.
➢ Law on Cooperatives
• Introduction Integration:
• Organization and ▪ SDG – Peace and Justice Strong Institutions, Quality
MCQ (80% of the
Prelim Exam Education, Decent Work and Economic Growth, Reduced
registration exam)
Inequality, Sustainable Cities and Communities,
• Membership Collaboration
• Administration ▪ 21st Century Skills (GA) – Information Literacy, Leadership,
Initiative, Productivity, Social Skills, Global
Awareness/Citizenship, Cross-Cultural Competencies
You are expected to select among the given choices the appropriate
➢ Law on Cooperatives rules governing its organization to fund allocation, the different types
• Responsibilities of cooperative and the specific rules governing those cooperatives.
and Rights
• Insolvency and Integration:
Midterm Dissolution MCQ (80% of the ▪ SDG – Peace and Justice Strong Institutions, Quality
Exam exam) Education, Decent Work and Economic Growth, Reduced
• Allocation of Inequality, Sustainable Cities and Communities,
Funds Collaboration
• Electric ▪ 21st Century Skills (GA) – Information Literacy, Leadership,
Cooperatives Initiative, Productivity, Social Skills, Global
Awareness/Citizenship, Cross-Cultural Competencies
In addition to the comprehensive assessment of the previous topics,
you are expected to select from the given choices the concept and
importance of securities regulation code.

Integration:
MCQ (100% of ▪ SDG – Peace and Justice Strong Institutions, Quality
Final Exam ➢ All topics
the exam) Education, Decent Work and Economic Growth, Reduced
Inequality, Sustainable Cities and Communities,
Collaboration
▪ 21st Century Skills (GA) – Information Literacy, Leadership,
Initiative, Productivity, Social Skills, Global
Awareness/Citizenship, Cross-Cultural Competencies

ASSESSMENT TASK DETAILS (PRACTICE/PERFORMANCE-BASED)

Assessment
Coverage Assessment Task Details
Schedule

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ACC 227 – Course Syllabus
• In this task, you are required to synthesize the applicable
concept and applicable rules on cooperatives from its
organization to administration.
• You are expected to integrate arguments in the required reading
research articles in your essay.
➢ Law on Cooperatives • The short essay will be on-the-spot and should only be written in
the front page of the examination booklet.
• Introduction
• You will be graded according to the following criteria (see rubric
Prelim • Organization and Short essay attached).
Exam registration (20% of the exam)
• Membership Integration:
• Administration ▪ SDG – Peace and Justice Strong Institutions, Quality
Education, Decent Work and Economic Growth, Reduced
Inequality, Sustainable Cities and Communities,
Collaboration
▪ 21st Century Skills (GA) – Information Literacy, Leadership,
Initiative, Productivity, Social Skills, Global
Awareness/Citizenship, Cross-Cultural Competencies
• In this task, you are required to answer essay questions
regarding the Electric Cooperatives and how they are organized
and operated.
➢ Law on Cooperatives • The short essay will be on-the-spot and should only be written in
• Responsibilities the front page of the examination booklet.
and Rights • You will be graded according to the following criteria (see rubric
• Insolvency and attached).
Midterm Dissolution Short essay
Exam (20% of the exam) Integration:
• Allocation of
▪ SDG – Peace and Justice Strong Institutions, Quality
Funds Education, Decent Work and Economic Growth, Reduced
• Electric Inequality, Sustainable Cities and Communities,
Cooperatives Collaboration
▪ 21st Century Skills (GA) – Information Literacy, Leadership,
Initiative, Productivity, Social Skills, Global
Awareness/Citizenship, Cross-Cultural Competencies

COURSE OUTLINE AND TIME FRAME

TIME
TOPICS FOR PRELIM EXAMINATION Teaching Learning Activities RESOURCES
FRAME
➢ Orientation on Classroom and University ➢ Orientation
Policies as well as Grading System ➢ Lecture/Discussion
➢ Discussion of VMV, PEO, SO, and CO ➢ Assignment
Week 1
➢ Law on Cooperatives ➢ Short Quizzers
to Week
• Introduction ➢ Oral Recitations
2
• Organization and registration ➢ Quipper Tools
• Membership
• Administration
TOPICS FOR MIDTERM EXAMINATION
➢ Law on Cooperatives ➢ Lecture/Discussion
• Responsibilities and Rights ➢ Assignment
Week 3 • Insolvency and Dissolution ➢ Comprehensive Quizzers
to Week • Allocation of Funds ➢ Oral Recitations
4 • Electric Cooperatives ➢ Quipper Tools

➢ Securities Regulations Code ➢ Lecture/Discussion

• Purpose of SRC ➢ Assignment
• SEC Powers and Functions ➢ Short Quizzers
• Securities ➢ Oral Recitations
Week 5 o Kinds
to Week o Registration
6 o Prohibition on fraud,
manipulation, and insider
trading
o Tender Offer
• GIS and AFS (SRC Rule 68)

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ACC 227 – Course Syllabus
TEXTBOOK

1. Domingo, A. D. (2021). Partnership, revised corporation, cooperative law: business laws and regulations.
Benguet, [Philippines]: Coaching for Results Publishing

REFERENCES

1. Soriano, F. R. (2021). Partnerships and corporations (revised corporation code of the Philippines): law and
application for business and law students. Manila, Philippines: GIC Enterprises & Co., Inc.
2. Government seeks to amend cooperatives law. (2020, Feb 07). AllAfrica.Com Retrieved from
https://www.proquest.com/wire-feeds/government-seeks-amend-cooperatives-
law/docview/2352039790/se-2.
3. Paterson A. et. al. (2018). Contemporary issues in social accounting. Wolvercote, Oxford: Goodfellow
Publishers Limited
4. Marano, P., & Grima, S. (Eds.). (2018). Governance and regulations: Contemporary issues. Emerald
Publishing Limited. Retrieved from
https://www.proquest.com/docview/2148772388/C307FF42F1D4DD4PQ/5?accountid=31259.
5. McDonald, O. (2021). Cryptocurrencies: Money, trust and regulation. Agenda Publishing. Retrieved from
https://www.proquest.com/docview/2581448138/C307FF42F1D4DD4PQ/4?accountid=31259.

ASSESSMENT AND FEEDBACK PLAN

Course Outcomes/Weight Feedback

Assessment Task
1 2 Method

Quiz 5% LMS
True or False ✓ ✓ LMS
Oral Recitation 5% In-person
15% (Prelim Exam) 15% (Midterm
In-person/Rubrics
MCQ and Short Essay Exam)
Seat work ✓ ✓ In-person/Rubrics
LMS Activity ✓ ✓ LMS
Comprehensive Exam 40% (Final Exam) In-person
Research (Filled-out Articles
20% Rubrics
of Cooperation)
*Base-15 grading system

POLICIES AND GUIDELINES

1. Attendance is counted from the first regular class meeting.

2. A validated student identification card must always by worn be all students while attending classes.
3. Cheating, plagiarism, and all forms of academic dishonesty are expressly forbidden in this course, and by the
university’s Policy on Academic Integrity. Examples of such violations include but not limited to:
a. collusion, purchasing, or commissioning assessment task/research paper.
b. copying verbatim from a research article/book/journal/etc.
c. copying verbatim from generative AI, such as ChatGPT.
d. falsifying or inventing any information, data or citation; and
e. false representation.
4. Valid examination permits are necessary in taking the examinations as scheduled.
5. Base-15 grading policy should be observed. Students who obtained failing scores in major examinations are
recommended to attend tutorial classes or any intervention program; and
6. For other policies and guidelines, refer to Student Handbook.

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ACC 227 – Course Syllabus

Prepared by: Reviewed by:

LEENUEL M. BERNARTE, CPA JOE MARI N. FLORES, MSA, CPA

Faculty Member BSA, Program Head

References Reviewed by: Recommending Approval:

CLARISSA R. DONAYRE, MSLS GINA FE G. ISRAEL, EdD

Chief, Learning and Information Center Dean of College

Approved by:

PEDRITO M. CASTILLO II, EdD

VP, Institute of Pedagogical Advancement and Competitiveness

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