Bachelor of Science in Accountancy - De La Salle University

Bachelor of Science in Accountancy – BSA

The Bachelor of Science in Accountancy (BSA) program prepares students for careers in accounting and related fields, and makes them ready to deal effectively with the problems they will face as professional accountants, researchers and responsible citizens. The program aims to develop the qualities that enhance the student’s professional and research competence, awareness of his/her responsibilities to society and appreciation of an accountant’s high standard of integrity and objectivity.

Course Description

Fundamentals of Accountancy, Business and Management – FDNACCT
3 Units

This course is a foundation course that aims to provide students with better appreciation and understanding of basic accounting concepts and principles. In addition, it covers the steps in the accounting cycle for service and merchandising types of business that will help students understand the accounting process and eventually apply it.

Business Communication for BSA – ACTCOMM
3 Units
This course is designed to develop effective written and oral communication skills of BSA students using various media of communication, analysis of communication problem situations in the workplace, and group dynamics aimed to stimulate critical thinking. It includes discussion of the characteristics of effective business communication through presentation of video clips of sample business meetings and applicant interviews. Significant amount of time is given to preparing effective business letters, memoranda, emails, and group reporting on case studies. The eight C’s of effective business communication are introduced and emphasize as the course progresses.

Basic Financial Accounting & Reporting – ACTBFAR
3 Units

This course is designed to provide students with deeper appreciation and understanding of fundamental accounting concepts and principles as applied to different forms of business organization as well as their relevance in national and global contexts. It deals with the
measurement and communication of financial data peculiar to the operations of partnerships and corporations. It also covers a brief overview of the accounting processes in a manufacturing concern.

Pre-requisite: FDNACCT

Financial Accounting and Reporting 1 – ACYFAR1
3 Units

This course deals with the conceptual framework for financial reporting and standard-setting process of the Philippine Financial Reporting Standards (PFRS) and the Philippine Accounting Standards (PAS). This course also covers the detailed discussion, appreciation and application of PFRS on the financial assets of the business enterprise. Emphasis is given on the interpretation and application of the accounting standards on cash and cash equivalents, receivables, equity investment, investment in associate, and fund and other investments.

Pre-requisite: ACTBFAR

Financial Accounting and Reporting 2 – ACYFAR2
3 Units

This course covers the detailed discussion, appreciation and application of PFRS on the financial assets and non-financial assets of the business enterprise. Emphasis is given on the interpretation and application of the accounting standards on debt investment, inventories, property plant and equipment, borrowing costs, government grants, depreciation & depletion, and revaluation & impairment.

Pre-requisite: ACTBFAR

Financial Accounting and Reporting 3 – ACYFAR3
3 Units

This course is designed to cover the discussion, appreciation and of PFRS on investment property, noncurrent asset held for sale and discontinued operation, agriculture, intangibles, current liabilities, bonds payable, long-term notes payable, and leases – lessor. At certain point, there should be a discussion of significant accounting judgement and estimates in practice including the required disclosures.

Pre-requisite: ACYFAR1

Financial Accounting and Reporting 4 – ACYFAR4
3 Units

This course covers the discussion, appreciation and of PFRS on leases – lessee, shareholders’ equity, share-based payments, employee benefits, book value per share, earnings per share, and correction of errors. At certain point, there should be a discussion of significant accounting judgement and estimates in practice including the required disclosures.

Pre-requisite: ACYFAR1

Financial Accounting and Reporting 5 – ACYFAR5
3 Units

This course is the culmination of the Financial Accounting and Reporting cluster. It is designed to cover detailed discussion, appreciation and of PFRS on accounting for income tax, single entry, cash and accrual basis, cash flow statement, interim reporting, events after reporting period, operating segments, related party transactions, presentation of general-purpose financial statements and other reporting frameworks. At certain point, there should be a discussion of significant accounting judgment and estimates in practice including the required disclosures.

Pre-requisite: ACYFAR1

Advanced Financial Accounting and Reporting 1 – ACYAVA1
3 Units

This course deals with specialized accounting problems likely to be encountered by accountants. The study of the various topics in this course is based upon fundamental valuation accounting and accounting theory as applied to special income and expense recognition methods and expanded business operations.

Pre-requisite: ACYFAR1

Cost Accounting 1 – ACYCST1
3 Units

This course is the introductory course to cost accounting and management. It discusses cost terms, concepts, and behavior. It deals with concepts applied in accounting for materials, labor, and overhead used in manufacturing operations using job order costing. Concepts and procedures used in activity-based costing and backflush costing are likewise discussed.

Pre-requisite: ACYFAR1

Cost Accounting 2 – ACYCST2
3 Units

This course is the follow-up course to Cost Accounting 1. It deals with the concepts applied in accounting for materials, labor, and overhead used in manufacturing operations under a process cost system. It discusses accounting for joint products and by-products, including income statement presentation. It also incorporates variance computations and analysis using standard costing.

Pre-requisite: ACYFAR1

Advanced Financial Accounting and Reporting 2 – ACYAVA2
3 Units

This course is a continuation of Advanced Financial Accounting and Reporting –Part 1. Discussion of topics in this course is based upon fundamentals of valuation accounting and accounting theory particularly home-branch relationship, business combinations, consolidation of balance sheet, inter-company profit transactions in inventories, and inter-company gain transactions in plant assets. This course will also include other special topics such as accounting for insurance contracts and built-operate-transfer (BOT) and similar schemes.

Pre-requisite: ACYAVA1

Advanced Financial Accounting and Reporting 3 – ACYAVA3
3 Units

This course covers advanced topics in financial accounting and reporting based on international financial reporting standards. It will discuss advanced topics such as accounting for hyperinflationary economies, foreign currency, derivatives & hedging, and accounting for specific organizations such as not-for-profit organizations (NPOs) and government institutions based on the Government Accounting Manual (GAM).

Pre-requisite: ACYAVA1

Financial Management 1 – ACYFMG1
3 Units

This course is a basic course leading to Management Advisory Services. It provides students with the basic principles, techniques and analytical tools needed in conducting financial analysis, in evaluating and forecasting a business firm’s financial performance, and in profit planning. It also deals with managing working capital, with focus on cash, marketable securities, accounts receivables, inventories and short-term financing sources.

Pre-requisite: ACYFAR4

Financial Management 1 – ACYFMG2
3 Units

This course is a basic course leading to Management Advisory Services. It provides students with the principles, techniques and analytical tools needed in evaluating investment opportunities and in planning long-term financing mix. It covers the complex aspects of financial decisions such as risk & return, financial asset valuation, cost of capital, medium to long-term investments, capital structure, dividend policy and mergers & acquisitions.

Pre-requisite: ACYFAR4

Taxation 1 – ACTTAX1
3 Units

This course involves an intensive study of the Philippine tax system covering introduction to taxation and first part of income taxation imposed under the Tax Code. It deals with the basic principles of taxation, tax administration, and conceptual and practical application of income taxation of individuals, corporations, partnerships, estates and trusts, including withholding taxes, as they relate to the accountancy profession. The emphasis is on the application of the theories and principles in solving tax problems and the use of these to enhance human development and social transformation.

Pre-requisite: ACYAVA3

Governance, Business Ethics, Risk Management and Internal Control – COBGOVE
3 Units

This is a core accounting course which introduces the concept and practice of governance in any organization. The goal is to form Lasallian professional accountants who will be competent, ethical and socially responsible change agents in business organizations and society. In support of this goal, this course examines the application of governance concepts, principles and frameworks to enable organization to drive the management of businesses in setting up reasonable economic objectives and in making rational decisions, performance evaluation, and control towards the attainment of these objectives.

Pre-requisite: FDNMANP

Management Accounting 1 – ACYMAG1
3 Units

This course deals mainly with topics that relate to the foundation of management accounting and its operational aspects. It is designed to use the case study method to simulate application of concepts in an actual business scenario. It is geared towards providing the students with an exposure to business consulting either as an internal or external management accountant
consultant.

Pre-requisite: ACYCST1

Management Accounting 2 – ACYMAG2
3 Units

This course covers contemporary developments in the field of management accounting, strategic cost management, and strategic management accounting. It is an integrating course that allows students to use their learning, not only in other accounting subjects but from various subjects in different discipline.

Pre-requisite: ACYCST1

Financial Markets – ACTFMKT
3 Units

This course is an advanced course in financial management that involves the more complex aspects of financial decisions involving financial markets and institutions. This course covers management of financial institutions, its operations, products and services; the Philippine financial system and government regulations; commercial banking, various securities markets; and risk management in
financial institutions. These concepts and principles introduced are globally applied but locally customized to fit the Philippine scenario and the requirements of domestic financial, corporate and individual entities.

Pre-requisite: ACYFMG2

Regulatory Framework for Business Transactions 1 – ACTREG1
3 Units

This course (ACTREG1 or Accounting Regulatory Framework for Business Organization) includes legal principles, concepts, doctrines and cases covered by the syllabus of Regulatory Framework for Business Organization. It deals with the legal provisions on Law on Partnership, Revised Corporation Code of the Philippines and the Philippine Cooperative Code. Aside from that, it also includes discussion of Financial Rehabilitation and Insolvency Act, Philippine Competition Act, Securities Regulation Code and Code of Corporate Governance. Furthermore, it discusses illustrative cases pertaining to the application of legal doctrines to relevant facts.

Pre-requisite: COBOBLI

Auditing and Assurance Services 1 – ACYASR1
3 Units

This course is part of the Auditing and Assurance module. It is simultaneously being taken up with ACYASR4. It is designed to provide the students with the conceptual knowledge and understanding of the professional practice of Accountancy. It covers the Philippine Accountancy Law, the Code of Ethics for Professional Accountants, and some of the phases of the financial statement audit process for manufacturing, trading, service, and specialized industries. It gears towards the preparation of audit working papers related to substantive tests.

Pre-requisite: COBGOVE

Auditing and Assurance Services 2 – ACYASR2
3 Units

This course is part of the Auditing and Assurance module. It is simultaneously being taken up with ACYASR3. It covers the detailed approaches on problems and situations ordinarily encountered in the execution of audit plan through independent examination of accounts comprising the operating cycles of the company. The accounts included in operating cycles are Cash, Receivables,
Inventories, Biological Assets and Agricultural Produce and Liabilities (Accounts, Notes, and Employee Benefits and Provisions). It deals specifically with the application of auditing standards, techniques and procedures, the evaluation of internal control, the preparation of audit working papers with computer application, and the preparation of audit adjustments pertaining to a manufacturing, trading, service, and specialized industries.

Pre-requisite: COBGOVE

Auditing and Assurance Services 3 – ACYASR3
3 Units

This course is part of the Auditing and Assurance module. It is simultaneously being taken up with ACYASR2. It covers the detailed approaches on problems and situations ordinarily encountered in the execution of audit plan through independent examination of accounts comprising the investing and financing cycles of the company. The accounts included in investing cycle are Investments
(including Hedging Instruments), Property, Plant, and Equipment, Investment Property, Noncurrent Assets Held for Sale, Intangibles (including Impairment). The accounts included in financing cycle are Bonds Payable, Leases and Equity Accounts (including Share-Based Payment). It deals specifically with the application of auditing standards, techniques and procedures, the evaluation of internal control, the preparation of audit working papers with computer application, and the preparation of audit adjustments pertaining to a manufacturing, trading, service, and specialized industries.

Pre-requisite: COBGOVE

Auditing and Assurance Services 4 – ACYASR4
3 Units

This course is part of the Auditing and Assurance module. It is simultaneously being taken up with ACYASR1. It is designed to provide the students with the conceptual knowledge and understanding of the fundamentals of auditing, assurance and other services and the public
accounting practice. It covers some of the phases of the financial statement audit process for manufacturing, trading, service, and specialized industries. It gears towards the preparation of audit plan and independent auditor’s report.

Pre-requisite: COBGOVE

Statistics for Accountants Using Computer Software – LBYACST
3 Units

This course introduces students to different types of statistics and statistical methods. Students will then be able to determine which statistic and/or method is appropriate for a given situation. This course covers the following basic statistical techniques: descriptive measures, elementary 7 probability, sampling, estimation and testing, regression, correlation, analysis of variance, and nonparametric
tests and basic structural equation modelling. The emphasis is on business applications rather than rigorous mathematics.

Taxation 2 – ACTTAX2
3 Units

This course, ACCTAX2, involves an intensive study of the business and transfer tax system. It deals with the imposition of tax on the gratuitous transfers of properties, on the privilege to engage in trade or business both national and local taxes; and on real property. The emphasis is on the application of the theories and principles in solving tax problems. It tests the students’ conceptual knowledge and proficiency in the practical application of the laws as they relate to accounting practice, and use this knowledge to enhance human development and social transformation.

Pre-requisite: ACTTAX1

Information Technology Management 1 – ACYITM1
3 Units

This course is designed to provide Accountancy students with basic knowledge of systems development which specifically covers planning, analysis, design, and implementation. The course begins with an integration of previously learned information technology (IT) concepts starting from data and information to networks and electronic commerce concepts. It then proceeds with an in-depth discussion of issues in systems development highlighting systems strategy, project initiation, in-house systems development, commercial packages, and maintenance and support. In the light of creating and adding value to business organization by assessing the current system and looking for opportunities for improvement, this course also aims to develop students to become competent systems analysts.

Pre-requisite: ACYASR1

Information Technology Management 2 – ACYITM2
3 Units

This course is designed to provide Accountancy students with basic knowledge of the design, operations, risks, and controls of accounting information systems (AIS). With emphasis placed on financial transaction cycles and core business processes vis-à-vis risks and controls involved in the processing of accounting information in a computerized environment, the course aims to develop students to become competent systems users. Moreover, it also covers analysis of the current issues in accounting information systems that have business and ethical implications.

Pre-requisite: ACYASR1

Free Elective – ACTELEC
3 Units

This course is designed to provide accounting students the opportunity to select, among the list of courses provided by the Accountancy Department, a course which would help them in the development of skills for their future careers.

Regulatory Framework for Business Transactions 2 – ACTREG2
3 Units

This course includes legal principles, concepts, doctrines and cases covered by the syllabus of Regulatory Framework for Law on Business Transactions. It deals with the legal provisions on Law on Sales, Recto Law, Maceda Law, PD 957 or Condominium Act, Law on Pledge, Law on Chattel Mortgage, Law on Real Estate Mortgage, Consumer Protection Act, Government Procurement Law, Insurance Code of the Philippines, Intellectual Property Code of the Philippines, Data Privacy Act and Electronic Commerce Act. Furthermore, it discusses illustrative cases pertaining to the application of legal doctrines to relevant facts.

Pre-requisite: ACTREG1

Regulatory Framework for Business Transactions 3 – ACTREG3
3 Units

This course includes legal principles, concepts, doctrines and cases covered by the syllabus of Regulatory Framework for Banking Laws and Other Special Laws. It deals with the legal provisions on Bouncing Checks Law, Revised Penal Code Provisions on Estafa, PDIC Law, Bank Secrecy Law, Truth in Lending Act, Anti-Money Laundering Law, Ease of Doing Business Act, Labor Law, Social Security Law, PAGIBIG Law and Philhealth Law. Furthermore, it discusses illustrative cases pertaining to the application of legal doctrines to relevant facts.

Pre-requisite: ACTREG2

Research Methods Proposal – ACTREMP
1.5 Units

This course covers the basics of Accountancy Research for undergraduate BSA students. In this course, the students are guided through the entire research process from formulation the research question, critically reviewing the literature, formulating the research design, collecting and processing primary and secondary data, and applying analytic approach to generate theoretical or practical insights. The final research requirement, which must follow the American Psychological Association (APA) style, allows the students to integrate and utilize the knowledge and skills learned in the course.

Pre-requisite: LBYACST

Thesis Proposal – THSBSAP
1.5 Units

This course is concerned with the design of a research proposal, collection of primary and/or secondary data, and analysis of accounting and business-related information using various quantitative and qualitative research methods. These maybe descriptive, causal, empirical,
exploratory and case study. The students are required to prepare thesis proposal which includes research problems, objectives, and hypotheses, review of related literatures and studies; and research methodology. At the end of the course, the research requirement, which must follow the American Psychological Association (APA) style, allows the students to integrate, utilize and translate the knowledge and skills into a thesis proposal that will be defended in front of a panel.

Pre-requisite: LBYACST

Taxation 3 – ACTTAX3
3 Units

This course involves an intensive study of the Philippine tax system covering the taxes imposed by the Local Government Units (LGUs), special topics in taxation which include taxation of entities availing tax incentives and double taxation agreements, and transfer taxes. It deals with the conceptual and practical application of local taxes, namely, local business tax and real property tax; special incentives taxation under special laws; taxation under relevant tax treaties; and national taxes on gratuitous transfers of properties, as they relate to the accountancy profession. The emphasis is on the application of the theories and principles in solving tax problems and the use of
these to enhance human development and social transformation.

Pre-requisite: ACTTAX2

Auditing in Computer Information Systems (CIS) Environment – LBYCISA
3 Units

This course complements the course in Auditing Principles and Practice but limited to the areas that are directly affected by information technology (IT). More specifically, it discusses the impact of IT on the auditor’s study and evaluation of internal controls with emphasis on the previously learned concepts on risks and controls. It also covers the audit of IT function and the audit of CIS in support of the audit of financial statements. Moreover, it introduces tools and techniques in auditing around, auditing through, and auditing with the computer (using Audit Command Language [ACL] as generalized audit software [GAS]). The course also tackles emerging IT issues on security and in the practice of Accountancy.

Pre-requisite: ACYASR1

Contemporary National Economic Development – COBEDEV
3 Units

This course deals with the development process and issues involved in economic growth of low income to medium-income countries. Emphasis in on economic growth models and socioeconomic concerns in the context of developing countries, including the Philippines.

Accounting Internship – PRCACTY
6 Units

This course provides the students an opportunity to apply the accounting theories, principles, framework, standards learned in the BSA program. This course aims to expose the student to the actual events or work realities, whether in public practice, private practice or government setting, which will ideally improve their accounting skills and prepare them as an accountant. A student is eligible to enroll in this course only upon completion of all the necessary pre-requisites. If a student does not comply with the attendance and job performance expectations of the employer, the student will be required to return to the program.

Pre-requisite: LBYCISA, ACTTAX2

Research Methods Final – ACTREMF
1.5 Units

This course involves thorough discussion of the significance of findings in light of what was already known about the research problem, new insight about the problem, analysis, business implications, conclusions and recommendations. At the end of the course, the students must complete their final paper that focuses on a particular accounting and business- related problem previously proposed in ACTREMP.

Pre-requisite: THSBSAP

International Business and Trade – COBIBAC
3 Units

This is a course for BSA students that deals with the core concepts and techniques that are used in analyzing issues when business engages in international activities. It focuses on international trade policies and problems related to international trade in goods and services.

Pre-requisite: FDNMANP

Thesis Final– THSBSAF
1.5 Units

This course is the final requirement of students during which they must complete a thesis that focuses on a particular accounting and business-related problem previously proposed. At the end of the course, the students must present the research findings, analysis, business implications, conclusions and recommendations of their final paper and orally presenting a defensible scholarly research output in front of a panel for review and compliance as per requirement to their degree program.

Pre-requisite: THSBSAP

Integrating: Financial Accounting and Reporting – ACYFARP
3 Units

This course deals with the study of fundamental assumptions, theoretical concepts and generally accepted accounting principles as discussed in the Philippine Accounting Standards (PAS) and the Philippine Financial Reporting Standards (PFRS); the conditions under which they may be appropriately applied and their impact or effect on the financial statements.