Bachelor of Science in Accountancy (5 years)

Level III 1st Re-accreditation, awarded by the Philippine Association of Colleges and Universities Commission on Accreditation (April 2016 – April 2019)

The BSA Program provides a foundation of professional knowledge, skills, values, ethics and attitudes that will enable our students to learn and adapt to change throughout their professional lives. The program will provide a broad base of knowledge concerning accounting, auditing, management and cost accounting, taxation, macro-environmental, economic and industry issues, business process structures, functions and practices as well as the general education courses. The program will prepare the students to be conversant with IT concepts and application for business systems and sound knowledge on internal control in computer-based systems, and evaluation of computer business systems.

Program Intended Learning Outcomes

The program aims to produce graduates of the Bachelor of Science in Accountancy who will be able to:

— effectively communicate orally and in writing;

— work well with others, lead groups, and initiate or participate in activities in accordance with professional, social, and ethical responsibility, while preserving and promoting historical and cultural heritage;

— demonstrate working knowledge in the areas of accounting, taxation, business, auditing, and accounting and business research;

— employ technology and appropriate decision tools to present and analyse financial and non-financial information, prepare reports and make decisions;

— participate in development activities and in generation of new knowledge in response to the needs of the communities and society; and

— demonstrate commitment to the core values of the University and the teachings of the Church.

Graduate Attributes

The graduates from the UST-AMV College of Accountancy are characterized by:

— professional competence (in-depth and extensive knowledge in accounting and finance with the ability to conduct research and use results in formulating decisions in response to current problems and new opportunities);

— ability to think critically to develop powers of analysis, application, evaluation, synthesis and creation of new knowledge;

— ability to communicate effectively;

— capacity to work independently and as part of a team;

— willingness to accept social and civic responsibilities and uphold high ethical standards; and

— moral integrity observed in one’s respect for laws and regulations, compliance with professional standards, and commitment to the core values of the University and teachings of the Church.

Objectives

The Bachelor of Science in Accountancy of the UST-AMV College of Accountancy aims to develop in each student a holistic personality that will prepare him/her for the pursuit of a rewarding career in the practice of accountancy and living a harmonious family life. To achieve this, the BS Accountancy program aims to:

— develop in its students effective communication, technological, interpersonal, and teamwork skills;

— develop in its students critical thinking necessary for personal decision-making, resolving complex business cases, and formulating business decisions;

  • inculcate the value of ethics and social responsibility;
  • provide students with high degree of competence in the application of the International Financial Reporting Standards, International Standards in Auditing, National Internal Revenue Code, Accountancy Law, code of ethics, and other regulatory frameworks applicable to different types of business and other enterprises for them to pass the CPA Licensure Examination and other international accounting certification examinations; and
  • develop students’ motivation for life-long learning and pursuit of higher degree programs.
Philosophy

The UST AMV College of Accountancy (“the college”) believes that the “learners of today are the leaders of tomorrow”. Therefore, teaching and learning is expected to produce competent, compassionate and committed Thomasian accountants.

Competence: Developing Mental Agility

Learning best happens when learners construct their own knowledge. Facilitators must therefore equip the learners with essential concepts and theories for problem solving. Furthermore, facilitators (faculty members) should carefully scaffold the problem solving process through the learner’s application of frameworks, theories and concepts. Thomasian accountants are expected to select, apply and reflect on existing theories in analyzing the most pressing accounting issues.

Compassion: Inculcating Our Christian Identity

Tracing to its Christian roots, the college believes that all learning is incomplete without its social dimension. Learning in the college, therefore, should encompass the ethical and social dimensions of business, finance and accounting. Furthermore, Thomasian accountants are expected to be reflective of their own decisions, taking into consideration all stakeholders involved.

Commitment: Life-long Learning, Life-long Leading

The college fosters a learning environment where learners are expected to be fully dedicated and committed to their own learning. Rather than giving them answers, leading learners into a feasible solution enables them to take full ownership of their own learning. As accounting practice constantly evolves, Thomasian accountants are expected to simultaneously learn and lead in their respective fields.

Teaching and learning in the college develops learners into well-rounded professionals where a healthy balance of competence, compassion and commitment will enable them to lead lives of integrity as professional accountants and nation builders.

Program Curriculum

First Year (2 Terms)

First Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
BA 1 Management Principles 3 0 3
ENG 1 Introduction to College English 3 0 3
FIL 1 Komunikasyon sa Akademikong Filipino 3 0 3
HUM 1 Art, Man, and Society 3 0 3
MATH 101 College Algebra 3 0 3
NS 201 Biological Science 3 0 3
PHISTPG Philippine History with Politics and Governance 3 0 3
PHL 1A Introduction to Philosophy with Critical Thinking 3 0 3
THY 1 Contextualized Salvation History 3 0 3
PE 1 Physical Education (2) 0 (2)
ROTC Reserve Officers’ Training Corps (3) 0 (3)
TOTAL 27 0 27

 

Second Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
BA 4C Business Finance with Introduction to Global Business Environment 3 0 3 BA 1
BA 5 Marketing Principles 3 0 3 BA 1
ENG 2 Reading and Thinking Skills for Academic Study 3 0 3 ENG 1
FIL 2 Pagbasa at Pagsulat tungo sa Pananaliksik 3 0 3 FIL 1
MATH 108D Mathematical Analysis in Business 3 0 3
NS 103 Environmental Science 3 0 3
PSY 1 General Psychology 3 0 3
RC Rizal Course 3 0 3
THY 2 Church and Sacraments 3 0 3
PE 2 Physical Education (2) 0 (2)
ROTC Reserve Officers’ Training Corps (3) 0 (3)
TOTAL 27 0 27
Second Year (2 Terms)

First Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
ACCT 1A&B Fundamentals of Accounting 6 0 6
COMP 1 Fundamentals of Computer Software and Applications 2 3 3
ELCT Basic Economics with Land Reform Cooperatives and Taxation 3 0 3
ENG 3 Academic Writing Skills 3 0 3 ENG 1, ENG 2
LIT 102A Philippine Literatures 3 0 3
MATH 102A Mathematics of Investment 3 0 3
PHL 5 Christian Ethics 3 0 3 THY 1, THY 2
PE 3 Physical Education (2) 0 (2)
NSTP National Service Training Program (3) 0 (3)
TOTAL 23 3 24

 

Second Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
ACCT 2A & B Accounting for Partnership and Corporation 6 0 6
COMP 2 Fundamentals of Programming and Database Theory and Application 2 1 3
ECO 2 Microeconomic Theory and Practice 3 0 3
ENG 4 Oral Communication in Context 3 0 3 ENG 1, ENG 2, ENG 3
HUM 2 World Culture 3 0 3
MATH 605 Business Statistics 3 0 3
SCL 3 The Social Teaching of the Church 3 0 3
PE 4 Physical Education (2) 0 (2)
NSTP National Service Training Program (3) 0 (3)
TOTAL 23 3 24
Third Year (2 Terms)

First Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
ACC 3 Financial Accounting and Reporting I 6 0 6
ACC 4A & B  Cost Accounting and Cost Management 6 0 6
BA 7 Human Behavior in Organization 3 0 3
COMP 3 Information Technology Concept and Systems Analysis and Design Development 2 3 3
LAW 1 Law on Obligations and Contracts 3 0 3
MATH 113 Quantitative Techniques in Business 3 0 3
TOTAL 23 3 24

 

Second Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
ACC 4 Financial Accounting and Reporting II 6 0 6
ACC 6 Management Accounting 6 0 6
BA 12A Production and Operations Management 3 0 3
ECO 3 Macroeconomics Theory and Practice 3 0 3
FIN 1 Financial Management I 3 0 3
LAW 2 Law on Partnership and Corporation 3 0 3
RES/TW Methods of Research and Technical Writing 3 0 3
TOTAL 27 0 27
Fourth Year (2 Terms)

First Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
ACC 5 Financial Accounting and Reporting III 6 0 6
ACC 14 Current Issues and Developments in Accounting 3 0 3
BA 15 Business Policy and Strategy 3 0 3
BUS 9 Business Ethics and Corporate Social Responsibility 3 0 3
FIN 2 Financial Management II
LAW 5 Sales, Agency, Credit Transactions, and Labor Laws 3 0 3
SCL 9 Marriage and Family 3 0 3
TAX 1 Principles of Income Taxation 3 0 3
THESIS 1 Thesis Writing 2 0 2
TOTAL 26 0 26

 

Second Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
ACC 8 Advanced Financial Accounting and Reporting I 6 0 6
ACC 10 Assurance Principles, Professional Ethics, and Good Governance 6 0 6
COMP 4 Accounting Information Systems 2 3 3
LAW 6 Law on Negotiable Instruments and Other Commercial Laws 3 0 3
TAX 2 Transfer and Business Taxes 3 0 3
THESIS 2 Thesis Defense 1 0 1
TOTAL 22 0 22
Fifth Year (2 Terms)

First Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
ACC 7 Management Consultancy 3 0 3
ACC 9 Advanced Financial Accounting and Reporting II 3 0 3
ACC 11 Applied Auditing 6 0 6
ACC 12 Theory of Accounts 3 0 3
COMP 5 Computer Audit 3 0 3
LAW 7 Special Topics in Regulatory Framework for Business Transactions 2 0 2
SYN Synthesis 1 0 1
TAX 3 Special Topics in Taxation 2 0 2
TOTAL 19 0 19

 

Second Term

Abbreviation Description Lec. Hrs. Lab. Hrs. Units Pre-Requisites
IAC 11 Integrated Review in Financial Accounting and Reporting 6 0 6
IAC 12 Integrated Review in Assurance Principles, Professional Ethics, and Good Governance 3 0 3
IAC 13 Integrated Review in Practical Auditing 3 0 3
IAC 14 Integrated Review in Management Accounting 3 0 3
IAC 15 Integrated Review in Advanced Financial Accounting and Cost Accounting 3 0 3
IAC 16 Integrated Review in Business Law 3 0 3
IAC 17 Integrated Review in Taxation 3 0 3
TOTAL 24 0 24

Program Structure

Classification of Courses Government-Mandated UST
General Education 51 57
Basic Business Core 42 42
Professional Courses
      Business Education 21 21
      Information Technology 9 9
      Accounting, Law, and Finance 73 103
      Theology 0 12
TOTAL 196 244