PrE 6
Accounting for Special
Transactions
Genevieve A. Cadornigara,
CPA, MMBM
Course Objectives:
1. Solve problems by applying the appropriate
accounting principles and recognition criteria
in accounting for partnership formation,
operations, dissolution and liquidation.
2. Discuss the accounting process for joint
arrangements.
Course Objectives:
3. Apply the revenue principles in accounting
for installment sales and construction
contracts.
4. Account for franchise operations.
Class Schedule:
* BSA 3A *
Monday and Thursday 5:30 to 7 pm
* BSA 3B *
Monday and Thursday 7 to 8:30 pm
Course Topics (tentative schedule):
1. Partnership: Basic
Consideration and Formation
2. Partnership Operations
PRELIM
3. Partnership Dissolution
4. Partnership Liquidation
5. Joint Arrangements
MIDTERM
Course Topics:
6. Accounting for Installment
Sales
7. Accounting for Long Term
Construction Contracts
8. Franchise Accounting
FINALS
Reference:
Performance Evaluation:
COC Grading System:
Term Grade = 50% Exam + 50% Class Standing
Class Standing:
• 25% Quizzes
• 25% Recitation/Assignment/Seatwork/Project/Term
Paper/Research Paper/Other Outputs
Note: Passing rate for all activities, quizzes, assessments
is 60%.
Final Grade Evaluation:
Computation of Final Rating:
Final Rating ꞊ (Prelim Grade + Midterm Grade + Final
Grade) / 3
Note: Passing rate for all activities, quizzes, assessments
is 60%.
Class Attendance:
1. Attendance will be checked (F2F or online).
2. In case of absences due to medical reason:
Medical Certificate will be presented on
the next class meeting.
3. In case of school activities, a letter from
the organizer is required to justify the
absence.
Expectations from Students:
1. Attendance (F2F or online)
2. Active
participation
discussions;
during
class
3. Listen when lecture is ongoing or when a
student is being asked to answer;
Expectations from Students:
4. Respect each others answers;
5. Submit assignments and others tasks
given;
6. Follow the University rules & regulations;
7. Pass the quizzes and exams.
Reminders:
1. Be on time;
2. Raise your hand if you want to go out for
some personal necessities;
3. All gadgets in “SILENT” mode during
classes;
Reminders:
4. During quizzes/exams, ONLY test papers
and calculators will be on your desks.
5. Eating snack is allowed during classes but
be discreet and remain focus.
How to contact the teacher:
Messenger: TenJab Dorm
Email: gcadornigara@usa.edu.ph
Thank you and to a
productive semester ahead
of us!