JOSE RIZAL UNIVERSITY
College of Business Administration and Accountancy
Accountancy Department
VISION
JRU will be a market leader in the use of technology for innovation in teaching and learning to produce graduates of social importance.
MISSION
The University aims to develop its students to become useful and responsible citizens through the effective transfer of relevant knowledge and
desirable values.
INSTITUTIONAL OUTCOME
A JRU graduate has the competencies and values in the disciplinal area completed such that he/she is a useful and responsible citizen of the country.
COURSE SYLLABUS
Course Title:
Course Code:
Credit Units:
Course Description:
Financial Accounting and Reporting 2
ACC C102
6 units
This is a continuation of the first course in accounting. It deals with transactions, financial statements, and problems peculiar
to the operations of partnerships and corporations as distinguished from sole proprietorships. Topics to be discussed include
partnership formation and operations, dissolution and liquidation, and conversion of unincorporated enterprise into a
corporation. Accounting for corporation will include discussion of the share system, treasury stock, retained earnings,
dividends, and share splits. Manufacturing accounting (non-cost system) and introduction to financial statement analysis are
also likewise included.
Pre-Requisite:
Placement:
ACC C101
nd
First Year, 2 semester
Program Educational Objectives (PEO):
Three to five years after completing the BSBA Major in Accounting, the graduate will:
1. excel in their profession/career utilizing the knowledge acquired in the Business Administration program;
2. become effective collaborators and innovators in Business Administration, applying professional/technical skills and competencies to
make a positive impact on society; and
3. be engaged in life-long learning and professional development through self-study, continuing education, or graduate and professional
studies.
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JOSE RIZAL UNIVERSITY
College of Business Administration and Accountancy
Accountancy Department
Student Outcomes (SO):
After the completion of the program, the graduates of the BSBA Major in Accounting program shall be able to:
a. exhibit specialized knowledge and skills in the application of accounting concepts and principles and reporting practice;
b. select the proper decision making tools to critically, analytically and creatively solve accounting problems and drive results on specific
environmental and global issues;
c. express oneself clearly and effectively with stakeholders in oral or written form using information and communication technology (ICT) skills;
d. demonstrate social responsibility with high personal, moral and ethical standard.
Course Learning Outcomes (CLO):
At the end of this course, the students shall be able to:
CLO1: account for the formation, operation, dissolution, and liquidation of a partnership,
CLO2: account for the transactions of a corporation like issuance and repurchase of shares; declaration and distribution of dividends, and
issuance of share splits,
CLO3: account for manufacturing operations and perform financial statement analysis..
CLO Grid: Each CLO vis-à-vis SO and PEO:
CLO
CLO1
CLO2
CLO3
SO
a, b, c
a, b, c
a, b, c
PEO
1
1
1
Course Outline:
Time Frame
Weeks 1-2
12 hours
Weeks 3-4
Topic / Content
Orientation of JRU vision/mission,
core values, PEO, SO, course
outcomes, grading system, and
course policies.
.
Partnership Formation
Partnership Operations
Course
Learning
Outcome
CLO1
Teaching / Learning Activities
Assessment
Evaluation
Direct instruction
Guided discussion
CLO1
Visual activity
Group
65% of the
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JOSE RIZAL UNIVERSITY
College of Business Administration and Accountancy
Accountancy Department
(Power point presentation)
12 hours
Group learning activity
Week 5
6 hours
Partnership Dissolution
CLO1
Guided discussion
Case study
presentation
(PT1)
.
students got a
rating of ≥ 3.0
on a 5-point scale
Summative test
(WW1)
65% of the
students got a
rating of ≥ 3.0
Written case
analysis (P1)
.
Summative test
(WW2)
Week 6
6 hours
Partnership Liquidation
CLO1
PRELIM EXAMINATION
Formation of a Corporation, Paid-in
Capital, Treasury Stock, and Cash
Dividends
CLO2
65% of the
students got a
rating of ≥ 3.0
Guided discussion
CLO1
Weeks 7 - 8
12 hours
65% of the
students got a
rating of ≥ 3.0
on a 5-point scale
Visual activity
(Power point presentation)
65% of the
students got a
rating of ≥ 3.0
Summative test
(WW1)
65% of the
students got a
rating of ≥ 3.0
Summative test
(WW2)
65% of the
students got a
rating of ≥ 3.0
Written case
analysis (P1)
65% of the
students got a
rating of ≥ 3.0
on a 5-point scale
Group learning activity
Weeks 9 - 10
12 hours
Share Dividends, Property
Dividends, Share Splits
CLO2
Guided discussion
Case study
65% of the
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Week 11
6 hours
JOSE RIZAL UNIVERSITY
College of Business Administration and Accountancy
Accountancy Department
Book Value Per Share and Earnings
CLO2
Guided discussion
Per Share
Group learning activity
Week 12
6 hours
Week 13 - 14
12 hours
CLO2
Manufacturing Accounting
CLO3
MIDTERM EXAMINATION
Guided discussion
Group learning activity
Weeks 15 - 16
12 hours
Financial Statement Analysis
CLO3
Group
presentation
(PT1).
Visual Activity
(Power point presentation)
students got a
rating of ≥ 3.0
on a 5-point scale
65% of the
students got a
rating of ≥ 3.0
Group
presentation
(PT1)
65% of the
students got a
rating of ≥ 3.0
on a 5-point scale
Summative test
(WW1)
65% of the
students got a
rating of ≥ 3.0
Summative test
(WW2)
65% of the
students got a
rating of ≥ 3.0
Case Study
Week 17
6 hours
CLO3
Week 18
CLO3
Integration and Review
FINAL EXAMINATION
Course Requirements:
65% of the
students got a
rating of ≥ 3.0
Summative test, Case study analysis, Major Exams
Grading System:
First Prelim Grade
Class Standing
Prelim Exam
70%
30%
30%
Second Prelim Grade
Class Standing
70%
30%
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JOSE RIZAL UNIVERSITY
College of Business Administration and Accountancy
Accountancy Department
Midterm Exam
30%
Final Term Grade
Class Standing
Final Exam
40%
70%
30%
______
100%
Final Grade
Class Standing Includes:
Written Works
Performance Tasks
Product
40%
20%
10%
Textbook Adopted:
Avila and Dela Cruz, Financial Accounting and Reporting 2, Social Studies Publishing Inc. c2018
References:
1. Palma, Roberto Z., Basic Accounting 2: Partnership and Corporation, Rex Bookstore c2014 Call#657.P171 2014
2. Millan, Zeus Vernon B., Financial accounting and reporting (fundamentals), Bandolin Enterprise, c2018
Call#657.3.M645 2018
3. Hoyle, Joe B., Advanced Accounting, McGraw-Hill Irwin, c2013 Call#657.45.H867 2013
4. Dayag, Antonio J., CPA Examination in P2, GIC Enterprises & Co., Inc. c2013 Call#657.0275 2013
5. Guerrero, Pedro P., Practical Accounting 2, GIC Enterprises & Co., Inc. c2013 Call#657.G937 2013
6. Guerrero, Pedro P., Advanced Accounting, GIC Enterprises & Co., Inc.c2013 Call#657.046.G934 2013
7. Win Ballada and Susan Ballada, Partnership and Corporation Accounting, Domdane Publishing & Made Easy Books,
c2015 Call#657.92.B188 2015
Prepared by:
Recommending Approval:
Approved by:
Date of Effectivity:
VIRGILIO C. AVILA
ANTONIO S. ABEL
FERDINAND GUTIERREZ
Faculty Members
DAISY A. DELA CRUZ
Department Chair
DR. LEODIGARIO M. DAVID
Dean
June 2018
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