Qualification Bookkeeping NC III

Instructional Learning Resources Nee

Unit of Competency Learning Outcome Competency Statement Delivery

F2F ERT/ Learning

On- Materials
Critical Aspects of Title Learning Content/Topic/
line/Off-
Competency Activity
(Basic, Common, line
(Element) (Performance Criteria)
Core, Elective)
Indicative Dates

CORE COMPETENCIES
1 Journalize 1 Prepare chart of 1.1 Determine the nature of Assessment requires evidence 1.1-1 Accounting and 25 pcs. Pencils
transactions accounts business based on the client's that the candidate: Bookkeeping
information 25 pcs. Pencil
Erasers
1.2 Prepare the list of asset, 1.1 Prepared chart of accounts 1.1-2 Forms and Nature of 25 pcs. Ballpens
liability, equity, income, and Business
spending account titles in
accordance with industry 1.1-3 Accounting Equation 25 pcs. Ruler
practices

1.3 Prepare the accounting manual in 1.1-4 The chart of accounts 25 pcs. Journals
accordance with industry practice (assorted
columns)

2 Analyze documents 2.1 Gather, check, and verify 1.2 Analyzed documents 1.2-1 The Source Documents 25 pcs. Ledger
documents in accordance with
verification and validation
processes 1.2-2 Analyze the Source 1 box Acetate
documents
2.2 Select account titles in 1.2-3 Select account titles 3 pcs. Marker
accordance with standard
selection processes
 Select account titles in
accordance with standard
selection processes Diskettes/CD

3 Prepare journal entry 3.1 Prepare journals in accordance 1.3 Prepared journal entry 1.3-1 Accounting Concepts and 25 pcs.
with industry practice and Principles Worksheets
generally accepted accounting (assorted)
principles (Philippine Financial
Reporting Standards) for 1.3-2 The Books of Account 25 pcs.
transactions and events. Envelopes ( Long)

3.2 Determine debit account titles in 1.3-3 Type of Journals 25 pcs.

accordance with the chart of Registration
accounts Forms

3.3 Determine credit account titles in 1.3-4 Debit and credit account titles 1 pc. Teacher’s
accordance with the chart of Book Record
accounts

3.4 Prepare an explanation for the 1.3-5 Journal Entries 50 pcs

journal entry in accordance with Worksheets
the nature of the transaction (Asstd.)

3.5 Prepare the journal entries with 1 pc. Marker Ink

100% accuracy

2 Post transactions 1 Prepare ledger 1.1 Prepare ledger for the list of 1.1 Prepared ledger 2.1-1 The General Ledger and 25 pcs. Ledger
asset, liability, and equity Subsidiary Ledger Book
account titles in accordance with
the Chart of Accounts

1.2 Prepare ledger for the list of Ledger for Asset, Liability, 1 box Staple Wire
income and expense account Equity, Income and
titles in accordance with the Expenses
Chart of Accounts
 2 Transfer journal 2.1 Transfer journal entries in 1.2 Transferred journal entries 2.2-1 Transfer Journal Entry to
entries chronological order the Ledger

2.2 Post with 100% accuracy

3 Summarize ledger 3.1 Add Debits & Credits for each 1.3 Summarized each ledger 2.3-1 Summarize Ledger Account
ledger account correctly account

3.2 Extract balances with 100%

accuracy.

3 Prepare trial 1 List account titles 1.1 List asset, liability, and equity 1.1 Transferred ledger balances 3.1-1 Account Titles
balance account titles in accordance with
Chart of Account

1.2 List income and expense account

titles in accordance with Chart of
Accounts

2 Transfer balances 2.1 Transfer asset, liability, and equity 1.2 Summarized trial balance 3.2-1 Transfer Account
from the ledger balances in accordance with Balances from the ledger
Chart of Accounts

2.2 Transfer income and expense

balances in accordance with
Chart of Accounts

3 Summarize trial 3.1 Total debits and credits with 1.3 Prepared trial balance 3.3-1
balance 100% accuracy

3.2 Extract Trial Balances with 100% 3.3-2 Prepare Trial Balance
accuracy
4 Prepare financial 1 Prepare financial 1.1 Prepare worksheet using the 1.1 Prepared financial 4.1-1 Prepare Worksheet
reports statements prescribed format statements

1.2 Prepare Income statement in 4.1-2 Statement of Operation

accordance with generally (Income Statement)
accepted accounting
principles/Philippine Financial
Reporting Standards
 1.3 Prepare Statement of Changes in 4.1-3 Statement of Changes in
Equity in accordance with Equity
generally accepted accounting
principles/Philippine Financial
Reporting Standards

1.4 Prepare Balance Sheet in 4.1-4 Statement of Financial

accordance with generally Position (Balance Sheet)
accepted accounting
principles/Philippine Financial
Reporting Standards

1.5 Prepare Statement of Cash Flow 4.1-5 Statement of Cash Flow

in accordance with generally
accepted accounting
principles/Philippine Financial
Reporting Standards

1.6 Prepare Financial statements in

accordance with generally
accepted accounting
principles/Philippine Financial
Reporting Standards

2 Analyze financial 2.1 Analyze Financial Statements in 1.2 Analyzed financial 4.2-1 Adjusting Entries
statements accordance with prescribed statements
format.

2.2 Prepare Report on financial 1.3 Prepared report on financial 4.2-2 Post - Closing Trial
analysis in accordance with analysis Balance
industry requirements
4.2-3 Financial Ratios

5 Review internal 1 Check policy 1.1 Prepare/update Internal control 1.1 Prepared internal control 5.1-1 Internal Control:
control system compliance manual in accordance with manual Fundamentals
industry practice
 1.2 Check and validate compliance in 5.1-2 Principles of Internal
accordance with the internal Control
control system

2 Prepare policy 2.1 Prepare Policy compliance 1.2 Prepared compliance reports 5.2-1 Internal Control
compliance report reports in accordance with the Compliance
internal control system

2.2 Submit Policy compliance reports 5.2-2 Preparing Compliance

to management for validation. Report

2.3 File Policy compliance reports for

future reference.
ning Resources Needed Nominal
Duration
(hours)
Supplies, Tools,
Equipment,
Facilities

days

1 pc. Stapler 4 9 5

25 pcs Calculators

1 unit Aircon unit 4 16 2 5

1 unit Computer 4 5
/Laptop

1 unit LCD 4 10
Projector

1 unit Teacher’s 4 16 2 5
Table/Chair

25pcs. Arm Chairs 8 20

1 pc. White Board 4

25pcs scissors

4 40 5 5

4 10

8 35

16

72

8 5

16
8

8 40

16 5

16

8 40

8 8

8
8

8 64

8 4
8

8 32

248 31 100