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OPOL COMMUNITY COLLEGE

Bachelor of Science in Business Administration (BSBA)
ADVANCED ACCOUNTING
New Curriculum Effective SY 2022-2023

VISION MISSION CORE VALUES

Opol Community College is a self-reliant higher The College aims to produce graduates with competitive
skills by providing competent instructors, adequate  Optimism
educational institution providing affordable quality
education to produce pro-active and highly learning resources and scholarship grants and link them to  Compassion
employment opportunities. Further, being a local
competitive graduates.  Commitment
government owned institution, it supports the programs
and projects of the government.

Program Educational Objectives

Profile of an OCC BSBA major Financial Management Graduate

1. A graduate who assumes supervisory and/or managerial responsibilities within their organization.

2. A graduate who can pursue graduate studies in business, management, and other higher academic fields.

3 A graduate who is capable of managing a business, ensuring its competitiveness and increasing its added value in the
changing environment of global economy.

4. A graduate who imparts and shares expertise with the community.

5. A graduate who can participate in community service and social responsibilities.

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PROGRAM OUTCOMES
Common to all programs in all types of school (Sec.6.1-6.2, CMO 17, s. 2017): Profile of a OCC BSBA
Graduate
1. Articulate the latest developments in the specific field of practice PEO 3,4
2. Effectively communicate in English and Filipino, both orally and in writing PEO 4, 2
3. Work effectively and collaboratively with a substantial degree of independence in multi- disciplinary PEO 1, 4
and multi-cultural teams
4. Act in recognition of professional, social and ethical responsibility PEO 5, 3, 4,
5. Promote “Filipino historical and cultural heritage” PEO 5,4
6. Perform the basic function of management such as planning, organizing, leading and controlling. PEO 1,3
7. Apply the basic concepts that underlie each of the functional areas of business (marketing, finance, PEO 1, 3, 4
human resources management, production and operations management, information technology, and
strategic management and employ these concepts in various business situations.
8. Select the proper decision making tools to critically, analytically and creatively solve problems and PEO 1, 3, 4
drive results;
9. Express oneself clearly and communicate effectively with stakeholders both in oral and written forms. PEO 2, 4
10. Apply information and communication technology (ICT) skills as required by the business PEO 3, 2,
environment.
11. Work effectively with other stakeholders and management conflict in the workplace; PEO 1 3, 4
12. Demonstrate corporate citizenship and social responsibility. PEO 5, 4, 3
13. Exercise high personal moral and ethical standards. PEO 3
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Outcome Based Teaching Learning Plan

Course
Advanced Accounting
Title/Number
Course Description A study of the general principles of Advanced Accounting. This course focuses on the business organization of
partnerships, from its creation to its dissolution and liquidation. The student learns to account for transactions and
problems peculiar to partnerships. The course also introduces the accounting for other unique business setups, such as
sales by installments and franchises. The course will allow students to be exposed to various complex business setups,
and appreciate the advantages, disadvantages and peculiarities of each one.
Course Credit 3
Contact Hours 54 hours
Pre-requisite None
Instructor Love R. Natangcop, CPA
Consultation Time 8 AM – 10 AM Saturdays via online
Program (Based on CMO No. 17 s. 2017-Policies, Standards and Guidelines for the Bachelor of Science in Business Administration
Specialization (BSBA), 6.3 Specific to a Sub-discipline and a major.
Outcomes
a. Analyze the business environment for strategic direction.
b. Prepare operational plans.
c. Innovate business ideas based on emerging industry.
d. Manage a strategic business unit for economic sustainability.
e. Conduct business research.

Course Learning Upon completion of the course, students will be able to:
Outcomes 1. Define and identify a partnership setup
2. Differentiate partnerships from other forms of business organization
3. Identify the unique problems encountered in partnerships and how to account for them
4. Describe the unique characteristics of sales by installments
5. Describe the unique characteristics of franchise agreements
6. Account for transactions under sales by installment and under franchise agreements
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Learning Plan
Midterm Period
Expected Learning
Teaching Assessment
Time Allotment Outcomes/Performance Indicators Values
Course Topic Learning Methods
(Week) (At the end of the lesson, students Integration Resource
Activities /Tools/Tasks
can:)
Articulate the OCC VMGO

Discuss insightfully the implications of Respect

the College VMGO Lecture Lecture
Course Orientation Obedience Oral Recitation
Discuss the course requirements. Group Discussion Notes
Responsibility
Comply and submit requirements on
time.
Recall the process of bookkeeping
Accuracy
Explain how the process of
1. Review of basic bookkeeping is important in learning Lecture-discussion Quiz
Integrity
1–9 bookkeeping advanced accounting
Classwork/ Seatwork
Honesty Books
Remember the principles of basic Assignment,
bookkeeping Group Output
Responsibility Powerpoint
Describe a partnership Group Activity and
Slides
Presentation of Graded
Teamwork
Identify the benefits and disadvantages Output Recitation
Lecture
2. Basic of a partnership over other business
Trust Notes
Consideration setups Seatwork Reporting
and Formation
Confidence
of partnerships Explain the stages of a partnership Problem Solving Midterm Exam
Accountability
Illustrate how to account for the
creation of partnerships
1 – 9 (cont.) 3. Partnership Explain the concept of profit sharing Lecture-discussion Accuracy Quiz Books
operations between partners
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Expected Learning
Teaching Assessment
Time Allotment Outcomes/Performance Indicators Values
Course Topic Learning Methods
(Week) (At the end of the lesson, students Integration Resource
Activities /Tools/Tasks
can:)

Explain the concept of salary as profit

sharing

Compute the profit sharing between

Integrity
partners
Classwork/ Seatwork
Honesty
Compute the partner’s account Assignment,
balance after profit sharing Group Output
Responsibility Powerpoint
Define partnership dissolution Group Activity and
Slides
Presentation of Graded
Teamwork
4. Partnership Enumerate the various scenarios Output Recitation
Lecture
dissolution where partnership dissolution occurs
Trust Notes
Seatwork Reporting
Account for partnership dissolution
Confidence
Differentiate between partnership Problem Solving Midterm Exam
dissolution and liquidation
Accountability
5. Partnership
Enumerate the various scenarios for
liquidation
partnership liquidation

Compute the shares for each partner

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Final Period
Expected Learning
Teaching Assessment
Time Allotment Outcomes/Performance Indicators Values
Course Topic Learning Methods
(Week) (At the end of the lesson, students Integration Resource
Activities /Tools/Tasks
can:)
Discuss the attributes of a corporation.

Explain the incorporation process.

1. Accounting for
corporate
Examine the components of
formation and
stockholders’ equity.
operations
Accuracy
Journalize the different corporate
Lecture-discussion
transactions. Integrity
Quiz
Explain the concept of sales by
Classwork/
installments Honesty Books
Assignment, Seatwork
2. Installment Explain the installment method of Responsibility Powerpoint
Oral Recitation, Group Output
10 – 18 sales accounting Slides
Teamwork
Group Activity and Graded
Compute for the gross profit under the Lecture
Presentation of Recitation
installment method of accounting Trust Notes
Output
Explain the concept of a franchise
Final Exam
Confidence
Seatwork
Give examples of franchises
Accountability
3. Franchise Differentiate between the initial
accounting franchise fee and the continuing
franchise fee

Account for when a franchise fee is

considered earned

Suggested Guerrero, P., Peralta, J. (2017) Advanced accounting: A procedural approach Volume 1. GIC Enterprises & Co. Inc.
Learning
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Resources

Midterm Final Term Final Grade

(Assignment (Assignment Midterm grade + Final grade
Quizzes Quizzes 2
Grading System Oral Recitation Oral Recitation
Project) 70% Project) 70%
Term Exam. 30% Term Exam. 30%
Total 100% Total 100%
1. Students are required to attend all class sessions as listed on the school calendar. Students will be dropped if he/she exceeds
allowable number of absences.
2. Students are expected to attend class sessions on time.
3. Students must take all scheduled and unscheduled examinations. No special examinations will be given except for Major
Examinations.
4. Assignments, classwork, projects (if any), accounting forms and statements must be submitted on or before the deadline/due
date.
5. Cheating will NOT be tolerated and will result to Failure grade.
6. Students are expected to consistently demonstrate professional behavior.
7. Students are required to at least 75% final grade in order for him/her to pass the Subject.
Course Policy
and Standards Lateness. A student will be marked “late” if he/she enters the class 15 minutes after the indicated time. Any student who comes
to class 15 minutes after the scheduled time or always late for two consecutive meetings shall be marked “absent”

Missed work or exam. Any student who missed to give class presentation, submit a work assignment or to take a test should
consult the concerned instructor for immediate compliance

Cheating. Any student who committed any form of academic dishonesty shall be given “failed mark” and a disciplinary action
provided in the OCC Student’s Handbook and subject to the Guidance office.

Use of Technology. Cell phones should be “turned off” while the session is in progress. Using laptops, smartphones, and tablets
shall be prohibited unless the instructor is aware of the purpose and permits student’s request.
AY/Effective
Course Title Prepared by: Checked by: Approved by:
Term
Advanced 2nd Semester
Accounting AY 2023 - 2024 LOVE R. NATANGCOP, DR. BERNARDITO L. DACUBOR DR. ALMA T. GURREA
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CPA Program Head Vice President for Academic Affairs