DOCUMENT: SYLLABUS COURSE: INTERMEDIATE ACCOUNTING3 COPIES ISSUED TO:

Office of Academic Director

DATE OF EFFECTIVITY: 1 July 2020 COURSE CODE: BAIACC3X Learning Resource Center
Faculty
VISION COREVALUES
We are National University, a dynamic private institution committed to nation building, 1.Integrity 2.Compassion 3. Innovation 4. Resilience 5. Patriotism
recognized internationally in education and research.
GRADUATE ATTRIBUTES INTENDED FOR
INSTITUTIONAL LEARNING OUTCOMES (ILOs)
MISSION NATIONALIANS (GAINs)
Guided by the core values and characterized by our cultural heritage of Dynamic Filipinism, a. Exhibit the capacity for self-reflection
National University is committed to providing relevant, innovative, and accessible quality 1. Conscientious and Reflective Leader b. Exhibit the willingness to engage in self-appraisal
education and other development programs. c. Apply moral and ethical standards in leading others
2. Significant Contributor towards Social d. Participate actively in community-oriented advocacies that
We are committed to our: Transformation contribute to nation building
STUDENTS, by molding them into life-long learners, ethical and spiritual citizen and self- e. Participate with the long-life opportunities or activities that have
sustainability.
directed agents of change.
3. Possessing an Entrepreneurial mindset f. Applying the business principles of Henry Sy. Sr.
g. Produce alternative solutions, processes, and approaches
FACULTY and EMPLOYEES, by enhancing their competencies, stimulating h. Apply problem-solving skills
their passions, cultivating their commitment, and providing a just and fulfilling 4. Knowledge creator
i. Provide solutions to challenges in respective areas of
work environment.
specialization
5. Competent Communicator and Collaborator j. Work effectively in teams of different cultures
ALUMNI, by strengthening their sense of pride through engagement, loyalty and love for their k. Engage in continuing personal and professional development
alma mater.

INDUSTRY PARTNERS and EMPLOYERS, through active collaboration, by

providing them Nationalians who will contribute to their growth and development.

COMMUNITY, by contributing to the improvement of life’s conditions and well-being of its

members.

ILO
Program Learning Outcomes (PLO) for Bachelor of Science in Accountancy
a b c d e f g h i j k
1. Student will be able to demonstrate competencies in the development, measurement, analysis, validation   
  
and communication of financial and other information.
2. Student will develop oral and written communication skills and critical thinking skills.      
3. Student will develop an appreciation for the role of ethics in both the profession and the business world.       
4. Student will be exposed to the unique aspects of global business and accounting issues.     
5. Student will be equipped to understand the use technology.         
6. Student will be exposed to activities that help them work in groups.           
COURSEDESCRIPTION

This course will introduce the concepts of shareholder’s equity, some special topics and preparation of financial statements. It will specifically discuss the application of accounting standards on
shareholder’s equity, special topics on employee benefits and the preparation of financial statements.

PRE-REQUISITE(S)
BAIACC2X – INTERMEDIATE ACCOUNTING 2

COURSE LEARNING OUTCOMES(CLO)

PLO (BSA)
At the end of the course, the student must be able to (CLO): 1 2 3 4 5 6
1. Recognize, measure, and present non-current liabilities and equity in accordance with applicable PFRS  
2. Describe the principles and standards underlying the recognition, measurement, presentation, and disclosure
 
requirements of the other liabilities and shareholders’ equity in statement of financial position.
3. Prepare a complete set of financial statements in accordance with applicable PFRS.  
4. Apply acquired knowledge and skills to pass professional licensure / certification examinations. 

CREDIT
3 Units
TIMEALLOTMENT

4 hours lecture every week

COURSEREQUIREMENTS
QUIZZES (40%) CLASS STANDING (10%) PERIODIC DEPARTMENTAL EXAMINATIONS (50%)
- Minimum of 2 major quizzes per grading period 1. Recitation
2. Others: - Midterm Departmental Examination
Midterm: Finals: i. Seatwork - Final Departmental Examination
QuizNo.1 Quiz No.3 ii. Attendance
QuizNo.2 Quiz No.4 iii. Boardwork
 CLASSPOLICIES
1. Familiarize yourself with the organization of remote class, including the terminologies, tools, and the primary platform to be used.
2. Be aware that activities for RAL are stated in the course syllabus or course outline.
3. Access MS Teams and download all available course materials.
4. Communicate with your instructor regularly. Be as responsive as possible.

5. Notify your instructor in case there is difficulty in accessing course materials.

6. Inform your instructor if there is something vague, preferably after initially consulting with a classmate or 2.
7. Set a regular study time for each course. Make sure to follow the suggested weekly course materials.
8. Have an active presence in discussions by responding to posts. Avoid short, generic replies such as, “I agree.” It should include why you agree or should add to the previous point.
9. Maximize opportunities to learn with classmates through group assignments, peer review, collaborative documents, and more.
10. Observe virtual class (or office) hours. While you may post your questions at any time of the day, expect a delay in the response after the defined virtual class or office hours.
11. Know that the provisions in the Student Handbook and other University policies concerning you will remain in effect unless suspended by the Academic Council or by thePresident.

GRADINGSYSTEM
MIDTERM GRADECOMPUTATION: TENTATIVE FINAL GRADE COMPUTATION: FINAL GRADE:
Quizzes 30% Quizzes 30%
Class standing Class standing Midterm Grade = 50%
Attendance 5% Attendance 5% Tentative Finals Grade = 50%
Assignments 5% Assignments 5% Final Grade = 100%
Seatwork / Board work 20% 30% Seatwork / Board work 20% 30%
Periodic Examination 40% Periodic examination 40%
Midterm Grade 100% Tentative Final Grade 100%

COURSECONTENTS

COURSE LEARNING TOPIC LEARNING

WEEK OUTCOMES
TOPICS METHODOLOGY RESOURCES ASSESSMENT
OUTCOMES
1 CLO1 At the end of the session, the learners Goal Setting and Proper Planning » Lecture » PowerPoint » Recitation
CLO2 will be able to: - University and College » Discussion Presentation » Seatwork
CLO4 1. Oriented to the school policies vision and mission » Demonstration » Syllabus » Quiz
and the course. - Classroom policies » Problem solving » Textbook » On-line
2. Explain institutional philosophies, - Goal setting and » Board work » University assignments
values and policies, examine the course planning » Problem Solving Manual and
goal setting created in the light of Handbook
undertakings in this course, and
apply the institutional values in the
life–long pursuit of the
professional career.

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2-3 CLO1 At the end of the session, the learners Topic 1: Employee Benefits (PAS 19) » Lecture » PowerPoint » Recitation
CLO2 will be able to: » Discussion Presentation » Seatwork
CLO4 1. Enumerate some of the most 1. Definition and nature of » Demonstration » Syllabus » Activities
common types of employee Employee Benefits » Problem solving » Textbook » Assignments
benefits. 2. Types of employee benefits » Board work
2. Record and measure short-term a. Short term employee » Problem Solving
employee benefits. benefits
3. Classify long-term employee b. Post-employment benefits
benefits. c. Other long -term
4. Understand the difference employment
between defined contribution benefits
plans and defined benefit plans. d. Termination benefits
5. Record and measure the post- 3. Post-employment benefits
employment benefit cost under a. Defined contribution plan
defined contribution plan. b. Defined benefit plans
6. Record and measure the post- 4. Financial statement
employment benefit cost under presentation
defined benefit plan. a. Retirement Benefit
7. Measure the resulting asset or Expense
liability under both the defined b. Net actuarial gain or
contribution plan and defined losses due to
benefit plan. remeasurement of
8. Record and measure the defined benefit liability
termination benefit cost. c. Defined benefit liability
9. Identify the required financial (asset)
statement disclosures pertaining d. Cumulative balance of
to employee benefits. remeasurement of
defined benefit liability
5. Recoverability of the defined
benefit asset
6. Disclosure requirements
4-6 CLO1 At the end of the session, the learners Topic 2: Shareholders’ Equity (PAS 1, » Lecture » PowerPoint » Recitation
CLO2 will be able to: PAS 32 and PFRS 7) » Discussion Presentation » Seatwork
CLO4 1. Define Shareholder’s equity. » Demonstration » Syllabus » Activities
2. Identify the different sources of 1. Definition of Shareholder’s Equity » Problem solving » Textbook » Assignments
corporate capital. 2. Presentation of Shareholder’s » Board work » Quiz
3. Describe the features of equity in the statement of » Problem Solving
different classes of share financial position
capital. 3. Share Capital Transactions
4. Journalize properly subscription a. Nature, recognition,
of share capital and issuance of and measurement
share capital. b. Issuance and retirement of
5. Record properly treasury share preference and ordinary
transactions and retirement of shares
share capital. c. Share split, treasury
6. Account for stock rights, share shares and other
warrants, share options and equity transactions
share appreciation rights. (stock rights,
7. Identify the factors affecting warrants, options
retained earnings balance. and etc.)
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 8. Journalize properly dividends 4. Dividends (IFRIC17)
between preference share and a. Forms of dividends
ordinary share. b. Allocation of cash
9. Allocate cash dividends dividends between
between preference share and preference and ordinary
ordinary share. shares
10. Account for quasi- 5. Retained Earnings
reorganization. a. Appropriation of
11. Compute book value per share. Retained Earnings
12. Identify the required disclosures b. Correction of prior period
relating to shareholder’s equity. errors
c. Cumulative effect of
change in accounting
policy
d. Quasi-reorganization
6. Book Value per share
7. Disclosure requirements

MIDTERM EXAMINATION
7
8-10 CLO1 At the end of the session, the learners Topic 3: Financial Statements » Lecture » PowerPoint » Recitation
CLO2 will be able to: Preparation (PAS 1) » Discussion Presentation » Seatwork
CLO4 1. Enumerate and describe the » Demonstration » Syllabus » Activities
components of a complete set of 1. The complete set of financial » Problem solving » Textbook » Assignments
financial statements. statements » Board work » Quiz
2. Classify assets and liabilities into 2. General features » Problem Solving
current and noncurrent. 3. The statement of financial
3. Prepare a statement of financial position
position 4. The statement of profit or loss
4. Prepare a Statement of Profit or and other comprehensive income
Loss and Other Comprehensive 5. The statement of changes in
Income. equity
5. Give examples of items of other 6. Classification of cash flows
comprehensive income.
6. State the acceptable methods of
presenting items of income and
expenses.
7. Prepare a Statement of Changes
in Equity.
8. Differentiate between Statement
of Profit or Loss and Other
Comprehensive Income and
Statement of Changes in Equity.
9. Differentiate between the
following: (1) Operating activities,
(2) Investing activities, and (3)
Financing activities.
10. State the classifications of the
following in a statement of cash
flows: (a) dividends received, (b)
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 dividends paid, (c) interest paid
and (d) interest received.
11. Prepare a statement of cash
flows.

11 CLO1 At the end of the session, the learners Topic 4:: Non-current Assets Held for » Lecture » PowerPoint » Recitation
CLO2 will be able to: Sale (PFRS 5) » Discussion Presentation » Seatwork
CLO4 1. Describe the criteria for held for » Demonstration » Syllabus » Activities
sale classification. 1. Classification as Held for sale » Problem solving » Textbook » Assignments
2. State the initial and subsequent 2. Measurement » Board work » Quiz
measurement of held for sale 3. Discontinued operations » Problem Solving
assets. 4. Presentation
3. Differentiate the following: (1)
Noncurrent asset held for sale,
(2) Disposal group and (3)
Discontinued operations.
4. State the presentation
requirements of a discontinued
operation.

12-13 CLO1 At the end of the session, the learners Topic 5:: Notes to Financial Statements » Lecture » PowerPoint » Recitation
CLO2 will be able to: (PAS 1, PAS 8, PAS 34 and PFRS 8) » Discussion Presentation » Seatwork
CLO4 1. State the relationship of the notes » Demonstration » Syllabus » Activities
with the other components of a 1. Accounting policies, Accounting » Problem solving » Textbook » Assignments
complete set of financial estimates and Errors » Board work » Quiz
statements. 2. Events after the reporting period » Problem Solving
2. Define the following and give 3. Related parties
examples: (1) Change in 4. Operating segments
accounting policy, (2) Change in
accounting estimate, and (3)
Error.
3. Differentiate between the
accounting treatments of the
following: change in accounting
policy, change in accounting
estimate, and correction of prior
period error.
4. Define events after the reporting
period.
5. State the accounting
requirements for events after the
reporting period.
6. Enumerate examples of related
parties.
7. Describe the disclosure
requirements for related parties.
8. Define an operating segment.
9. Describe the “management
approach” to identifying
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 reportable segments.
10. State the quantitative thresholds
in identifying reportable
segments.

13.5 FINAL EXAMINATION

TEXTBOOK
[1] Valix, Conrado T., Intermediate Accounting 2, 2022
[2] Valix, Conrado T., Intermediate Accounting 3, 2022
RECOMMENDEDRESOURCES
[1] Spiceland, Intermediate Accounting 3, 2019

PREPARED BY: REVIEWED BY: NOTED BY: RECOMMENDING APPROVAL: APPROVED BY:

ARRIANE C. ESPINO, RL, MLIS

JAYSON RAYMUND D.
MICHAEL ANGELO M. JOMAR V. VILLENA, CPA, MBA FRANCIS ALLAN BERNALES, MBA BERMUDEZ, MSIT
MANAYAO, CPA, MBA Program Chair, Accountancy LRC Coordinator OIC Dean, College of Accountancy, Academic Director
Faculty-in-charge Business and Management

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