Republic of the Philippines

JOSE RIZAL MEMORIAL STATE UNIVERSITY

The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

A Practicum Report in
On-The-Job Training undertaken at Accounting Department
Jose Rizal Memorial State University
Located at Gov. Guading Adaza St., Sta. Cruz, Dapitan City, Philippines

Presented to the Chairman of the Accountancy and Accounting Technology Program

Jose Rizal Memorial State University
Gov. Guading Adaza St., Sta Cruz, Dapitan City

In partial fulfillment of the requirements for the degree of

Bachelor of Science in Accountancy

Submitted by:
Jessa Mae L. Villavicencio
 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

Submitted to:
Mr. Janven A. Granfon, CPA

APPROVAL SHEET

A Practicum Report entitled “A Practicum Report in On-The-Job Traning” undertaken at

Accounting Department – JRMSU located at Gov. Guading St., Sta. Cruz, Dapitan City,

Philippines, prepared and submitted by Jessa Mae L. Villavicencio in partial fulfillment of the

requirements for Bachelor of Science in Accountancy, is hereby endorsed for approval.

Accepted and approved in partial fulfillment of the requirements for the degree of Bachelor

of Science in Accountancy.

Mr. Janven A. Granfon, CPA

Program Head

Bachelor of Science in Accountancy and Accounting Technology

 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

_______________________

Date

DEDICATION

I wholeheartedly dedicate this Practicum Report to my family

and love ones, to our Dean, Dr. Wilfredo D. Carreon, Jr., to our Program Chairman,

Mr. Janven A. Granfon, to all Accounting Staff headed by Mr. Eder A.

Cayongcong,CPA, to my friends, co-trainees and above all, to our Almighty God.

 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

ACKNOWLEDGEMENT

With deepest gratitude and appreciation, I humbly give thanks to the people who showed

love, faith and support to me all throughout my On-The-Job Training. I am forever in debt of

gratitude to all of you.

First and foremost, I want to thank our Almighty God for His unconditional love that

always warm me everyday, and for the graces and blessings He is showering upon me each day

of my life, for waking me up everyday giving me strength to continue my life, for the guidance

and good health and for keeping me and my love ones safe.

To my parents who serve as my strength and inspiration.My heartfelt thanks for being with

me all through the way from the beginning and for always showing your unconditional love and

undending support, for providing all my needs financially, emotionally or morally, for your
 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

continuing patience and understanding during the toughest days, for their never fading advises

and for being always with me no matter what.

To my brother and siblings who kept on encouraging me to always make the best of

everything, for being proud and ever supportive siblings to me.

To the institution where I am studying, Jose Rizal Memorial State University, where I am

continuously growing as a Bachelor of Science in Accountancy student.

To our Dean, Dr. Wilfredo D. Carreon, Jr. for giving me a privilege to experience on how

to be in a real situation in working in an organization.

To our Program Chairman, Mr. Janven A. Granfon, CPA for being supportive and for

being patient to us whenever we have questions regarding our training.

To all my instructors who shared and continuously sharing their knowledge and molding

me into a better person. Your efforts have greatly contributed to us for it help us to hone our

knowledge as we continue to strive in our ambitions in life.

To my friends and co-trainee, for always bringing happiness and joy during our training

and for adding color to my life.

To the Accounting Department for being my training ground and for providing appropriate

training. Special thanks and appreciation is extended to the Head of the Office, Mr. Eder A.

Cayongcong, CPA , for his warm welcome and for this one of a kind experience in having my
 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

On-The-Job Training which will be very useful for me in the near future. To the staff, Ma’am

Merlyn Estrada, Ma’am Sheilo Panoril, Ma’am Aiza Abne, Ma’am Rayshel Caingcoy, Sir Cyril

A. Carreon, Sir Reneboy L. Baguio, and to Sir Jerry Belen for always understanding our situation

as a student and as a trainee, for all their advices and for everything they taught me during my

stay with them and most of all, for the memories we’ve shared. I am forever grateful and no

words can tantamount my happiness during my training.

Jessa Mae L. Villavicencio

Bachelor of Science in Accountancy

TABLE OF CONTENTS

I. Title Page
II. Approval Sheet
III. Table of Contents
IV. Acknowledgement
V. Introduction
 Background of the Organization
 Vision, Mission and Objectives
 Organizational Structure
 The products and Services
 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

VI. Organizational Analysis

 Strengths and Weaknesses of the Organization
 Opportunities and Threats of the Organization
 Recommendations for Improvement
VII. Tasks and Duties
VIII. Case Analysis
IX. Reflection
X. Appendices
 Journal
 Resume and Application Letter
 Evaluation of Grades from the Registrar
 Validated Enrolment Form
 Medical Certificate
 Parent’s Waiver
 Letter of Acceptance
 Daily Time Record
 Performance Evaluation
 Certificate of Completion
 Memorandum of Agreement

INTRODUCTION

Teachers open the door, but you must enter by yourself.

 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

Education is through learning and learning is a continuous process. For one picks up from

what others know and sometimes one learns from one’s own experience. Many times the success

in life comes through learning new skills , knowledge, capabilties and attitudes.

A knowledge of a student, gained from the college instructors. But it is not enough when

only learned by pure imagination. Student needs to learned not just in theories but also in

application. One way of applying the theories is to work into an actual work setting. This will

also help boost ones confidence and competence.

On-The-Job Training created and is part of a college curriculum that aims to train and

orient students about the work and their future career. Thus, it serves as a bridge or a way that

student will be exposed with different work situation desgned to give students an opportunity to

experience and a chance to apply the lessons, the theories and computation that they have

learned from the school.It also helps to obtain applicable knowledge and skills by performing

through a hands-on experience.

For the graduating students On-The-Job Training is important because this will be a

preliminary and the preparation stag that provides opportunity and promoting theirselves.

into an actual experience is working in the field of their profession.

A chance to be in a workplace that serves as a new venue of learning .

 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City
 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

BACKGROUND OF THE ORGANIZATION

Jose Rizal Memorial State University’s Accounting Department is the office whose

responsible for a large number of administrative functions within the University. The most

common responsibilities of the department is billings, collections, Financial Statements, making

of payroll for the administrative staff and faculty, and procurement and inventory.

HISTORY

Jose Rizal Memorial State University was established by virtue of RA 9852 with

Congresswoman Cecilia G. Jalosjos-Carreon as principal author, Congressman Cesar Jalosjos as

co-author. It was approved by President Gloria Macapagal-Arroyo on December 15, 2009. It was

formerly the Jose Rizal Memorial State College by virtue of RA 8193 sponsored by Congressman

Romeo G. Jalosjos of the 1st District of Zamboanga del Norte which was approved on June 11,

1996 by the President of the Republic, Fidel V. Ramos. It was a consolidation of the Rizal

Memorial Vocational School (RMNVS) in Dapitan City, the Zamboanga del Norte School of

Arts and Trades (ZNSAT) in Dipolog City, and the Siocon National Vocational School (SNVS)

in the Municipality of Siocon. In 2002, two higher education institutions (HEIs) within
 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

Zamboanga del Nort, namely the Katipunan National Agricultural School (KNAS) in the

municipality of Katipunan and the Zamboanga del Norte Agricultural College (ZNAC) in the

Municipality of Tampilisan, were integrated into then JRMSC pursuant to CHED Memorandum

Order No. 27 series of 2000 thus comprising the fourth and fifth campuses, respectively of

JRMSU.

The first President was Dr. Felipe O. Ligan who was appointed in 1997. On June 7, 2002

CHED Special Order No. 35, s. 2002 appointed Dr. Henry A. Sojor as the OIC President of the

Jose Rizal Memorial State College in concurrent capacity as the President of Central Visayas

Polytechnic College in Dumaguete City now Negros Oriental State University.

In the span of two years and eight months, the Board of Trustee then deemed it best for the

College to have its permanent leader. Thus, on March 1, 2005, Dr. Edgar S. Balbuena assumed

office as second President of JRMSC pursuant to BOT Resolution No. 04, series of 2005

Chairmaned by Fr. Rolando V. Rosa, OP.

With the appointment of Dr. Balbuena, the College charted a new course. With his

extraordinary leadership, it took only four years and nine months for the College to be elevated to

the status of a University. Indeed, the growth of the University means a continuing and growing

commitment for academic excellence and quality, research, and productivity, community

involvement and partnership for national development and global competitiveness. Evidently, he
 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

emerged as a dynamo, leading the people of Zamboanga del Norte and adjacent provinces

towards improved quality life.

PHILOSOPHY

Jose Rizal Memorial State University adheres to the principle of dynamism and cultutral diversity

in building a just and humane society.

VISION

A dynamic and diverse internationally recognized University.

MISSION

Jose Rizal Memorial State University pledges to deliver effective and efficient services along

research, instruction, production and extension.

It commits to provide advanced professional, technical and technopreneurial training with the aim

of producing highly competent, innovative and self-renewed individuals.

 Republic of the Philippines
JOSE RIZAL MEMORIAL STATE UNIVERSITY
The Premier University in Zamboanga del Norte
Main Campus, Dapitan City

ACCOUNTING DEPARTMENT