DETAILED TEACHING SYLLABUS (DTS) AND INSTRUCTOR GUIDE (IG’S)

PHILOSOPHY
The PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY is committed to the pursuit of excellence relative to student’s professional growth and
development.

VISION
PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY envisions producing quality graduates fully equipped with knowledge, attitudes, values and
skills and who are globally competitive in their chosen profession ever ready to render quality services.

MISSION STATEMENT
PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY provides quality education to every student through a well-balanced research oriented
learning environment that develops critical and creative thinking for maximum development of individual’s talents and capabilities.

INSTITUTIONAL OBJECTIVES
In pursuit of its Vision and Mission, PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY will achieve the following:
1. Provide programs and activities that will enhance the development of the students physically, intellectually, culturally, emotionally,
socially, spiritually and morally.
2. Provide college education opportunities to poor but deserving students through the PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY
scholarship grants.
3. Train students with globally competitive technical skills that will make them competent and capable of handling challenges in life.
4. Provide manpower needs of the country with professionally qualified graduates imbued with dignity and high moral values who are
mature, self-reliant, responsible and self-discipline citizens.

SPECIAL OBJECTIVES
To provide the country with globally competit6ive and professionally licensed graduates as integral part of the total manpower needed for the
economic development in the national and international levels.
Issue Date Prepared by: Reviewed by: Recommended by: Approved by:
Revision Status
Instructor Department Head ELSE MARIE T. VILLANUEVA, CPA, MBA ENGR. RAUL GIRONELLA, Sr.
Revision Date
College Dean VP for Academic Affairs

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 COLLEGE OF ACCOUNTANCY AND BUSINESS PROGRAMS

PHILOSOPHY
The Philippine College of Science and Technology, College of Accountancy and Business Programs provides excellent trainings in business
education in a highly competitive world.

GENERAL OBJECTIVES
1. To develop, implement, evaluate and continually improve programs of business education that enhance administrative competence
and entrepreneurial abilities;
2. To develop the professional and technical proficiency of business education students so that they can become effective leaders in
their chosen careers.

SPECIFIC OBJECTIVES

The above goal will be achieved through the following specific objectives:
1. To provide students with basic concepts of economics, finance, management, marketing and business law;
2. To apply these concepts in business and related professions;
3. To inculcate social responsibilities in business;
4. To develop the entrepreneurial potential of students; and
5. To update students with emerging business trends in consonance with information age.
THREE-YEAR DIPLOMA COURSE IN ACCOUNTANCY

PROGRAM OUTCOMES

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 The Three-Year Diploma Course in Accountancy aims to provide a framework for developing the skills and knowledge needed for
employment and self-employment in the progressively dynamic business environment. The Diploma is developed specifically in recognition of
the growing importance of individuals equipped with essential skills and knowledge in accountancy context.

The objectives of the program are to prepare students to embark on a career in the accountancy field or to further continuing education at the
sub-professional level by providing them:
 Knowledge and skills of accounting, economics, management, business law, business communications, numeracy and information
technology;
 Cognitive, communication and interpersonal skills;
 Information technology skills;
 An educational experience to pursue life-long learning; and
 A strong sense of responsibility as a member of the society.

LEARNING OUTCOMES

At the end of this programme, the students should be able to:

1. Demonstrate the understanding of fundamental accounting knowledge and skills for higher level of study, employment or self-
employment.
2. Record financial transactions and prepare financial statements in compliance with acceptable accounting principles for various forms of
organisations, be it profit or not-for-profit.
3. Demonstrate good interpersonal and communication skills in order to function as a member of the society.
4. Demonstrate analytical, judgment and critical thinking skills in decision-making and problem-solving in relations with financial
information and business operations.
5. Develop values, ethics, and skills necessary to embrace a career in accountancy at sub-professional level and for lifelong learning.

COURSE TITLE REGULATORY FRAMEWORK AND LEGAL ISSUES IN COURSE CODE CAE13
BUSINESS

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CREDIT UNITS 3 COURSE PREREQUISITE/CO- CAE9
REQUISITE
COURSE DESCRIPTION
This course covers the candidates’ knowledge of the regulatory framework governing business transactions and business
organizations/associations, and of business laws including their legal implications. Students should know and understand the
pertinent legal provisions, general principles, concepts, and underlying philosophy of the laws applicable to commerce and business.
They must have sufficient knowledge to enable them to recognize the legal implications of business situations or transactions and to
know when to seek legal counsel or recommend that it be sought.
REFERENCE: 1. Soriano, F. (2011). Notes in Business Law
2. De Leon, H. (2013). Law on Negotiable Instruments
3. De Leon, H. (2016). Law on Business Organizations
COMPETENCE
COURSE INTENDED LEARNING OUTCOMES (CILO’S)
At the end of the course, the student shall be able to:
1. Apply in problems the regulatory framework governing business transactions and business organzations.
2. Discuss the legal implications of these laws as applied to commerce and business.

CHECK-UP PERIOD

CONTENT/TOPIC INTENDED LEARNING OUTCOME SUGGESTED REFERENCES AND ASSESSMENT TASKS

(ILO’S) TEACHING/LEARNING EQUIPMENTS (AT’s)
ACTIVITIES (TLAs)
Chapter 1 After the chapter, the Advanced reading of 1. Soriano, F. (2011). Check up:
Law on Business students are expected to: the chapter Notes in Business Law
Associations: Partnership 1. Distinguish  Presentation of
2. De Leon, H. (2013).
 Nature and as between Advanced answering assignments and
Law on Negotiable
distinguished from partnership and of questions and recitation
Instruments
corporation corporation. exercises  Graded class
 Elements and kinds 2. Describe the 3. De Leon, H. (2016). participation

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  Formalities formalities Interactive learning Law on Business  Quiz
required required in the Organizations  Exam
 Rules of formation of a Cases
management partnership.
 Distribution of 3. Discuss the rules Lecture/discussion
profits and losses on managing a
 Sharing of losses partnership.
and liabilities 4. Discuss the law
 Modes of regarding how
dissolution profits and losses
 Limited are distributed
partnership among partners.
5. Discuss how a
partnership may be
dissolve.
6. Explain what is
limited
partnership.

PRELIMINARY PERIOD
CONTENT/TOPIC INTENDED LEARNING OUTCOME SUGGESTED REFERENCES AND ASSESSMENT TASKS
(ILO’S) TEACHING/LEARNING EQUIPMENTS (AT’s)
ACTIVITIES (TLAs)
Chapter 2 At the end of the chapter, Advanced reading of 1. Soriano, F. (2011). Preliminary Period:
Corporations the students are expected the chapter Notes in Business Law
 Nature and classes to:  Presentation of
1. Describe the Advanced answering 2. De Leon, H. (2013).
of corporation assignments and
Law on Negotiable
 Requirements for nature of a of questions and recitation
Instruments
organization corporation. exercises  Graded class
 Powers of a 2. State the different 3. De Leon, H. (2016). participation
corporation: classes of Interactive learning Law on Business  Quiz

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 expressed, implied, corporation. Organizations  Exam
and incidental 3. Enumerate the Cases
 Board of powers of a
Directors/Corporat corporation and Lecture/discussion
e Officers: describe each.
qualifications, 4. Differentiate the
election and management of a
removal, powers corporation from
and fiduciary that of a
duties partnership.
 Classes of stocks: 5. Explain how the
concepts, Board of Directors
subscriptions come to power.
 Powers, duties, 6. Discuss the classes
rights and of stocks.
obligations of 7. Enumerate the
stockholders powers, duties and
 Majority and rights and
minority control obligations of
 Foreign stockholders.
corporations 8. Explain how a
 Kinds and majority control
availability of can be acquired by
corporate books stockholders.
9. Distinguish a
majority from
minority control.
10. Discuss foreign
corporations.
11. State the different
corporate books.

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MIDTERM PERIOD
CONTENT/TOPIC INTENDED LEARNING OUTCOME SUGGESTED REFERENCES AND ASSESSMENT TASKS
ILO’S) TEACHING/LEARNING EQUIPMENTS (AT’s)
ACTIVITIES (TLAs)
Chapter 3 At the end of the chapter, Advanced reading 1. Soriano, F. (2011). Midterm Period:
Negotiable Instruments- the students are expected of the chapter Notes in Business Law
Part 1 to:  Presentation of
2. De Leon, H. (2013).
 Negotiable  Explain what is Advanced assignments and
Law on Negotiable
instruments law negotiable answering of recitation
Instruments
 Negotiability of instrument. questions and  Graded class
instruments  State the kinds and exercises 3. De Leon, H. (2016). participation
 Functions and functions of Law on Business  Quiz
kinds of negotiable negotiable Interactive learning Organizations
instruments instruments.
 Construction of  Identify the parties Cases
ambiguous involved in
instrument negotiable Lecture/discussion
 Parties and their instruments.
liabilities

Chapter 4 At the end of the chapter, Advanced reading 1. Soriano, F. (2011). Midterm Period:
Negotiable Instruments – the students are expected of the chapter Notes in Business Law
Part 2 to:  Presentation of
2. De Leon, H. (2013).
 Indorsements 1. Explain the process Advanced assignments and
Law on Negotiable
 Accommodation of indorsement. answering of recitation

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 party 2. Discuss the questions and Instruments  Graded class
 Consideration consideration exercises participation
 Manner and involved in the 3. De Leon, H. (2016).  Quiz
Law on Business
consequence of transfer of Interactive learning  Exam
Organizations
transfer of instruments.
instruments 3. Discuss the Cases
 Dishonored manner and
instruments and its consequence of Lecture/discussion
effects transfer of
 Requisites of instruments.
holder in due 4. Explain the
course meaning of
 Defense of parties dishonored notes
 Forgery and its and its
effects consequences.
 Discharge of 5. Discuss who is a
negotiable holder in due
instruments and course?
the parties 6. Enumerate the
secondarily liable remedies that a
party has against
another in case of
problems in the
instruments.
7. Explain how a
party becomes
liable in the
transfer.

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SEMI-FINAL PERIOD

CONTENT/TOPIC INTENDED LEARNING OUTCOME SUGGESTED REFERENCES AND ASSESSMENT TASKS

(ILO’S) TEACHING/LEARNING EQUIPMENTS (AT’s)
ACTIVITIES (TLAs)
Chapter 5 After the chapter, the Advanced reading 1. Soriano, F. (2011). Semi-final Period:
Contract of Sales students are expected to: of the chapter Notes in Business Law
 Nature, forms, and 1. Discuss about the  Presentation of
nature, forms and Advanced 2. De Leon, H. (2013). Law
requisites assignments and
on Negotiable Instruments
 Distinguished from requisites of the answering of recitation
dacion en pago, contract of sales. questions and 3. De Leon, H. (2016). Law  Graded class
cession in payment, 2. Give the distinction exercises on Business Organizations participation
contract for a piece of of a contract of  Quiz
work and barter sales from other Interactive  Exam
 Earnest money as similar learning
distinguished from transactions.
option money 3. Distinguish Cases
 Rights/obligations of between earnest
vendor and vendee money and option Lecture/discussio
 Remedies of unpaid money. n
seller 4. Enumerate the
 Warranties remedies that an
 Sale with a right to unpaid seller can
repurchase or avail of.
conventional 5. Define warranties.
redemption, legal
redemption
 Sale on credit
 Installment sales

FINAL PERIOD

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 CONTENT/TOPIC INTENDED LEARNING SUGGESTED REFERENCES AND ASSESSMENT TASKS
OUTCOME TEACHING/LEARNING EQUIPMENTS (AT’s)
(ILO’S) ACTIVITIES (TLAs)
Chapter 6 At the end of the chapter, Advanced reading 1. Soriano, F. (2011). Final Period:
Contract of Agency, Pledge the students are of the chapter Notes in Business Law
and Mortgage expected to:  Presentation of
A. Contract of Agency 1. Define and Advanced 2. De Leon, H. (2013).
assignments and
Law on Negotiable
 Nature, forms, and explain agency. answering of recitation
Instruments
kinds of agency 2. Enumerate the questions and  Graded class
 Obligations of agents forms of agency. exercises 3. De Leon, H. (2016). participation
and principals 3. Describe the Law on Business  Quiz
 Guaranty of nature of agency. Interactive learning Organizations  Exam
commission agents 4. State the
 Modes of obligations of Cases
extinguishing an agents and
agency principal parties. Lecture/discussion
5. Explain how an
B. Pledge agency is
 Nature and binding extinguished
effect of third 6. Describe the
persons nature of a
 Obligations/rights of pledge.
pledger and pledgee 7. Discuss the
 Pactum obligations and
commissorium rights of the
 Modes of parties in a
extinguishment pledge.
8. Discuss how a
C. Mortgage: Real and Chattel pledge can be
 Nature extinguished.
 Requisites 9. Discuss mortgage

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  Rights and of real properties.
obligations of 10. State the
mortgagor and requisites.
mortgagee 11. Discuss the rights
 Requisites to have and obligations in
binding effect on a mortgage.
third persons
 Modes of
extinguishment

COURSE ASSESSMENT:
(Criteria for Grading)
Methods of Evaluation: Students will be evaluated according to the following:
05 Examinations (Check-Up Examination, Preliminary Examination, Mid-Term Examination, Semi-Final Examination and Final Examination);
14 Recitations (Preliminary Recitation, Mid-Term Recitation, Semi-Final Recitation and Final Recitation);
14 Quizzes; and
10 Assessment
The final course grade will be computed according to the following formula:
1. Eighty percent (80%) attendance or better
2. Seventy five percent (75%) general average based on the grading system as follows:
a. Prelim Grade- (5%) (Assignment) + (10%) (Recitation) + (50%) (Quizzes) + (35%)[(Checkup exam + Prelim Exam)/2]
b. Midterm Grade- [(Prelim Grade)+ (TMG)/2]; where :TMG= (5%) (Assignment) + (10%) (Recitation) + (50%) (Quizzes) + (35%) (Midterm Exam)
c. Final Grade = (Midterm Grade) + 2 (TFG)/3; where TFG = (5%) (Assignment) + (10%) (Recitation) + (50%) (Quizzes) + (35%)[(S-Final Exam + Final Exam)/2]

COURSE POLICIES
(Requirements)
A. Attendance Procedure: Attendance will be taken at the beginning of each class. Students are expected to attend every class. Students are responsible for all
materials covered during any absence and assignments must be completed by the due date for credit. The absence of four or more lectures and/or labs will result
in a “DROPPED” grade. Missed exams will require proof of extenuating circumstances for any make-up consideration;
B. Absence due to illness: if you are sick, DO NOT ATTEND THE CLASS. Contact the instructor by email, telephone, or cellphone to discuss how will you keep up with
the coursework assignments and complete the tasks assigned.
C. Methods of Instruction: Methods will include lectures and demonstrations that discuss the terms, concepts and formulate of the assigned chapter. During the
lecture a quizzes about the basic concepts of each chapter will be given. The student is expected to read one chapter and solve the assigned problems each week.

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 This will require an average of five hours of study outside of the classroom each week. The previously assigned problems will be collected for grading and the
solution will be derived in class. This process is designed to help the student thoroughly understand the conce3pts and applications of the material covered.
D. Academic Honesty: All students are expected to behave with academic honest. It is not academically honest, for example, to misrepresent another person’s
worlds or ideas as one’s own, to take credit for someone else’s work or ideas; to cope and paste material from another document or from the internet, to accept
help on a test or to obtain advanced information or confidential test materials or to act in a way that might harm another students’ chance for academic success.
When the instructor believes that a student has failed to maintain academic honesty, he or she may be given an “F” grade, either for the assignment, quiz,
examination, or the course depending upon the severity of the offense.

COURSE TITLE SY/TERM OF EFFECTIVITY PREPARED BY APPROVED BY

REGULATORY FRAMEWORK AND SY 2018-2019 ELSE MARIE T. VILLANUEVA, CPA, MBA ENGR. RAUL B. GIRONELLA, MBA
LEGAL ISSUES IN BUSINESS DEAN VICE PRESIDENT FOR ACADEMIC AFFAIRS

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