K to 12 BASIC EDUCATION CURRICULUM

SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

Grade: 11 Semester: 2nd Semester

Course Title: Fundamentals of Accountancy, Business and Management 1 No. of Hours/ Semester: 80 hours/ semester

Course Description: This is an introductory course in accounting, business, and management data analysis that will develop students’ appreciation of
accounting as a language of business and an understanding of basic accounting concepts and principles that will help them analyze business transactions.

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

1. Introduction to The learners demonstrate an The learners shall be able to… The learners… ABM_FABM11-
Accounting understanding of… 1. define accounting IIIa-1
cite specific examples in which 2. describe the nature of ABM_FABM11-
the definition, nature, accounting is used in making business accounting IIIa-2
function, and history of decisions
accounting 3. explain the functions of ABM_FABM11-
accounting in business IIIa-3
4. narrate the history/origin ABM_FABM11-
of accounting IIIa-4
2. Branches of the varied branches and areas 1. make a list of business within the
Accounting of accounting, particularly community on the types of
1. financial accounting 1. differentiate the branches ABM_FABM11-
accounting services they require
2. management accounting 2. solve exercises in the identification of accounting IIIa-5
3. government accounting of the branches of accounting
4. auditing described through the types of
5. tax accounting services rendered 2. explain the kind/type of
ABM_FABM11-
6. cost accounting services rendered in each
IIIa-6
7. accounting education of these branches
8. accounting research
the external and internal 1. solve exercises and problems on the
1. define external users and ABM_FABM11-
users of financial information identification of users of information,
3. Users of Accounting gives examples IIIa-7
type of decisions to be made, and
Information
type of information needed by the
users 2. define internal users and ABM_FABM11-
2. cite users of financial information give examples IIIa-8

K to 12 Senior High School ABM Specialized Subject – Fundamentals of Accountancy, Business and Management 1 May Page 1 of
 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

and identify whether they are 3. identify the type of
ABM_FABM11-
external or internal users decisions made by each
IIIa-9
group of users
4. describe the type of
ABM_FABM11-
information needed by
IIIa-10
each group of users
4. Forms of Business the various forms of business 1. differentiate the forms of business
Organizations organization, as follows: organization in terms of nature of 1. differentiate the forms of ABM_FABM11-
1. sole / single ownership business organization IIIb-11
proprietorship 2. make a list of existing business
2. partnership entities in their community and
2. identify the advantages
3. corporation identify the form of business ABM_FABM11-
and disadvantages of each
4. cooperatives organization IIIb-12
form
5. Types of Business the types of business 1. differentiate the types of business 1. compare and contrast the
ABM_FABM11-
According to according to activities, according to activities types of business
IIIb-13
Activities particularly: according to activities
1. service business 2. make a list of businesses in 2. identify the advantages,
2. merchandising business their community according to disadvantages, and ABM_FABM11-
3. manufacturing business their activities business requirements of IIIb-14
each type
6. Accounting Concepts accounting concepts and identify generally accepted accounting 1. explain the varied
ABM_FABM11-
and Principles principles principles accounting concepts and
principles IIIb-c-15
2. solve exercises on
ABM_FABM11-
accounting principles as
IIIb-c-16
applied in various cases
7. The Accounting the accounting equation solve problems applying the accounting 1. illustrate the accounting ABM_FABM11-
Equation equation equation IIIb-c-17

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

2. perform operations
involving simple cases ABM_FABM11-
with the use of accounting IIIb-c-18
equation
8. Types of Major the five major accounts, define, identify, and classify accounts 1. discuss the five major ABM_FABM11-
Accounts namely, according to the five major types accounts IIId-e-19
1. assets
2. cite examples of each ABM_FABM11-
2. liabilities
type of account IIId-e-20
3. capital
4. income 3. prepare a Chart of ABM_FABM11-
5. expenses Accounts IIId-e-21
9. Books of Accounts the two major types of books differentiate a journal from a ledger 1. identify the uses of the ABM_FABM11-
of accounts, namely, journal and identify the types of journals and two books of accounts IIIf-22
and ledger ledgers 2. illustrate the format of a
ABM_FABM11-
general and special
IIIf-23
journals
3. illustrate the format of a
ABM_FABM11-
general and subsidiary
IIIf-24
ledger
10. Business the business transactions and identify business and nonbusiness 1. describe the nature and
ABM_FABM11-
Transactions their analysis, to include transactions, enumerate the types of gives examples of
business transactions IIIg-j-25
and Their Analysis definition and nature of business documents, recite the rules of
As Applied to the business transactions, types debit and credit, and apply these to 2. identify the different
ABM_FABM11-
Accounting Cycle of of source or business simple cases types of business
IIIg-j-26
a Service Business documents, and the rules of documents
a. Rules of Debits debits and credits 3. analyze common
and Credits business transactions ABM_FABM11-
b. Journalizing using the rules of debit IIIg-j-27
c. Posting and credit

K to 12 Senior High School ABM Specialized Subject – Fundamentals of Accountancy, Business and Management 1 May Page 3 of
 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

d. Preparation of 4. solve simple problems
a Trial Balance and exercises in the ABM_FABM11-
analyses of business IIIg-j-28
transaction
11. Business the accounting cycle of a identify business and nonbusiness 1. describes the nature of
ABM_FABM11-
Transactions and Their service business transactions, enumerate the types of transactions in a service
IVa-d-29
Analysis As Applied to business documents, recite the rules of business
the Accounting Cycle of debit and credit, and apply these in 2. records transactions of
ABM_FABM11-
a Service Business simple cases a service business in
IVa-d -30
a. Adjusting Entries the general journal
b. Adjusted Trial 3. posts transactions in ABM_FABM11-
Balance the ledger IVa-d -31
c. Preparation of ABM_FABM11-
4. prepares a trial balance
Basic Financial IVa-d -32
Statements 5. prepares adjusting ABM_FABM11-
(Income entries IVa-d -33
Statement) 6. complete the ABM_FABM11-
accounting cycle IVa-d -34
12. Accounting Cycle the accounting cycle of a prepare journal entries, post to the
of a Merchandising merchandising business to ledger, prepare the trial balance,
Business include the following: worksheet, adjusting entries and 1. describes the nature of
ABM_FABM11-
1. Journalizing of complete the accounting cycle of a transactions in a
IVe-j -35
transactions using the merchandising business. merchandising business
general and special
journals, namely: sales
journal, purchase journal, 2. records transactions of
cash receipts journal and a merchandising ABM_FABM11-
cash payments journal business in the general IVe-j-36
and special journals

K to 12 Senior High School ABM Specialized Subject – Fundamentals of Accountancy, Business and Management 1 May Page 4 of
 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

2. Posting to the ledger, 3. posts transactions in
ABM_FABM11-
namely: general and the general and
IVe-j -37
subsidiary ledgers subsidiary ledgers
3. Preparation of trial ABM_FABM11-
4. prepares a trial balance
balance IVe-j -38
4. Adjusting entries to 5. prepares adjusting ABM_FABM11-
include pre payments, entries IVe-j -39
accrual and deferral
5. Worksheet preparation, 6. completes the
ABM_FABM11-
and accounting cycle of a
IVe-j -40
6. Completing the merchandising business
accounting cycle of a
merchandising business 7. prepares the Statement
ABM_FABM11-
of Cost of Goods Sold
IVe-j -41
and Gross Profit

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

Code Book Legend

Sample: ABM_FABM11-IIIa-5

LEGEND SAMPLE

Learning Area and Strand/ Subject or Accountancy, Business and

Specialization Management Strand
First Entry

Grade Level Grade 11 ABM_FABM11

Domain/Content/ Fundamentals of Accountancy, Business

Uppercase Letter/s
Component/ Topic and Management 1

Roman Numeral
Quarter Third Quarter III
*Zero if no specific quarter
Lowercase Letter/s
*Put a hyphen (-) in between letters to indicate Week Week one a
more than a specific week
-

Arabic Number Competency differentiate the branches of accounting 5

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL – ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

References:

Anastacio, Ma. Flordeliza. Fundamentals of Financial Management (with Industry Based Perspective).( Manila: Rex Book Store, 2011).

Gilbertson, Claudia. Fundamentals of Accounting. 8th ed. (Australia: Cengage Learning, 2010).

Padillo, Nicanor, Jr. Financial Statements Preparation, Analysis and Interpretation. (Manila: GIC Enterprises, 2011).

Pefianco, Erlinda C. The Accounting Process: Principles and Problems. (Makati: Goodwill Trading, 1996).

Young, Felina C. Principles of Marketing. (Manila: Rex Book Store, 2008).

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