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BSA Study Goals Objectives

The document outlines the study goals for the second semester of the second year in the Bachelor of Science in Accountancy program. It includes objectives for problem-solving subjects such as Financial Accounting, Intermediate Accounting, Cost Accounting, and Financial Management, as well as theory-based subjects like Governance, Ethics, Law on Obligations, and Business Laws. Each subject has specific learning outcomes focused on mastering key concepts, problem-solving skills, and practical applications relevant to accounting and taxation.

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12 views2 pages

BSA Study Goals Objectives

The document outlines the study goals for the second semester of the second year in the Bachelor of Science in Accountancy program. It includes objectives for problem-solving subjects such as Financial Accounting, Intermediate Accounting, Cost Accounting, and Financial Management, as well as theory-based subjects like Governance, Ethics, Law on Obligations, and Business Laws. Each subject has specific learning outcomes focused on mastering key concepts, problem-solving skills, and practical applications relevant to accounting and taxation.

Uploaded by

Aria Devilistica
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Study Goals Breakdown for BSA 2nd Year - 2nd Sem

Problem-Solving Subjects

ACT1101 - Financial Accounting and Reporting

- Master journal entries for complex transactions (leases, pensions, etc.)


- Understand the structure of financial statements (IS, BS, CF)
- Apply Philippine Financial Reporting Standards (PFRS)
- Practice adjusting and closing entries

ACT1104 - Intermediate Accounting 1

- Understand concepts and recognition of assets (cash, receivables, inventories)


- Solve problems involving measurement and valuation of assets
- Practice entries related to impairments and recoveries
- Analyze disclosures in notes to FS

ACT1106 - Intermediate Accounting 2

- Understand liabilities, equity, and revenue recognition


- Solve problems on bonds, loans, and share issuances
- Prepare equity section of balance sheet
- Study earnings per share and dividends

ACT1105 - Cost Accounting and Control with SAP

- Solve cost accumulation and allocation problems (job order, process costing)
- Understand standard costing and variance analysis
- Learn the basics of using SAP for costing entries
- Perform basic simulations using SAP interface (if accessible)

ACT1123 - Strategic Cost Management

- Understand activity-based costing (ABC), CVP analysis, and budgeting


- Solve decision-making problems (make or buy, shutdown, special order)
- Evaluate cost control techniques and value chain management
- Practice case analysis of real-world costing scenarios

ACT1124 - Financial Management

- Apply time value of money (TVM) formulas in problems


- Analyze investment decisions using NPV, IRR, payback period
- Understand capital budgeting and risk-return trade-offs
- Solve working capital and financing problems
Study Goals Breakdown for BSA 2nd Year - 2nd Sem

TAX1101 - Income Taxation

- Understand basic income tax principles under TRAIN Law


- Classify taxable vs. non-taxable income
- Compute income tax payable for individuals and corporations
- Practice filing sample BIR forms (like 1701/1702)

Theory-Based Subjects

ACT1110 - Governance, Ethics, and Risk Management

- Understand core ethical principles for CPAs


- Learn frameworks like COSO for risk management
- Analyze ethical dilemmas using real-life scenarios
- Know the roles of internal control and audit committees

ACT1122 - Conceptual Framework & Accounting Standards

- Master the qualitative characteristics of financial information


- Understand the objectives of general-purpose financial reporting
- Differentiate between principles in PFRS and PAS
- Trace the evolution of the conceptual framework

LAW1101 - Law on Obligations and Contracts

- Memorize essential elements of a contract


- Understand extinguishment and breach of obligations
- Identify void, voidable, and unenforceable contracts
- Analyze case laws and apply them in problem sets

LAW1102 - Business Laws and Regulations

- Learn basic principles of partnership and corporation law


- Understand rights/duties of stockholders and board of directors
- Study relevant portions of the Corporation Code
- Prepare for simple case analysis and application

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