BUDGET OF WORKS FOR LEARNING COMPETENCIES
Grade Level: Grade 11
Subject: Fundamentals of Accountancy, Business, & Mngt. 2
Quarter
2nd Semester
1st Quarter
2nd Semester
2nd Quarter
2nd Semester
2nd Quarter
LEARNING COMPETENCIES
identify the elements of the SFP and describe each of
them
prepare an SFP using the report form and the account
form with proper classification of items as current and
noncurrent
identify the elements of the SCI and describe each of
these items for a service business and a merchandising
business
prepare an SCI for a service business using the singlestep approach
prepare an SCI for a merchandising business using the
multistep approach
prepare an SCE for a single proprietorship
discuss the components and structures of a CFS
prepare a CFS
define the measurement levels, namely, liquidity,
solvency, stability, and profitability
perform vertical and horizontal analyses of financial
statements of a single proprietorship
compute and interpret financial ratios such as current
ratio, working capital, gross profit ratio, net profit ratio,
receivable turnover, inventory turnover, debt-to-equity
ratio, and the like
identify the types of bank accounts normally maintained
by a business
prepare bank deposit and withdrawal slips
identify and prepare checks
identify and understand the contents of a bank
statement
describe the nature of a bank reconciliation statement
analyze the effects of the identified reconciling items
prepare a bank reconciliation statement
define income and business taxation and its principles
and processes
explain the procedure in the computation of gross
taxable income and tax due
explain the principles and purposes of taxation
NO. OF WEEKS
TAUGHT
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1