DMC COLLEGE FOUNDATION

SCHOOL OF BUSINESS AND ACCOUNTANCY

BACHELOR OF SCIENCE IN ACCOUNTING TECHNOLOGY
Sta. Filomena, Dipolog City

Course Code FIN 1

Course Title BASIC FINANCE
Course Credit 3 units
Prerequisite NONE

I.

COURSE DESCRIPTION: The objective of the course is to introduce concepts and techniques of finance. This course builds the foundation for all subsequent finance
courses and provides basic tools every business student needs for success in their career. Regardless of your chosen future specialization, this course will help you make
personal financial decisions such as investing into the stock market or buying a house.

INSTITUTIONAL LEARNING OBJECTIVES:

By the end of their four-year stay at DMC, students should be able to:

1. Manifest academic excellence through their globally-competitive skills and desirable work ethics.
2. Exemplify the qualities of a graduate who achieves optimum integral human development.
3. Exhibit leadership by developing socially-oriented programs for disadvantaged communities to promote social justice, equity and transformation leading to self-
reliance.
4. Apply their acquired technology-based skills to their chosen field of practice.
5. Demonstrate excellence as active partners in nation-building through research and innovation.
6. Advocate nationalism through athletics, culture and the arts.

CURRICULAR PROGRAM EDUCATIONAL OBJECTIVES:

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Accountancy/BS Accounting Technology/BSBA

1. Demonstrate working knowledge in the areas of financial accounting and reporting, cost accounting and management, management accounting, auditing,
accounting information systems, taxation and accounting research.
2. Appraise ethical problems / issues in practical business and accounting situations and recommend appropriate course of action that adheres to the professional
code of ethics.
3. Employ technology as a business tool in capturing financial and non-financial information, preparing reports and making decisions.

PROGRAM-LEVEL STUDENT LEARNING OUTCOMES:

1- a. Record financial transactions in compliance with generally accepted accounting standards for sole proprietorships, partnerships, corporations, government and
not-for-profit organizations.
1- b. Record financial transactions in compliance with generally accepted accounting standards for sole proprietorships, partnerships, corporations, government and
not-for-profit organizations.
1- c. Prepare general-purpose financial reports in accordance with generally accepted accounting standards.
1- d. Prepare individual and corporate income tax returns and basic tax planning in compliance with relevant legislations and regulations.
1- e. Perform independent audit of financial statements and prepare audit reports and other reports to management.
1- f. Perform cost-benefit analysis for management decisions.
1- g. Design and implement a management control and performance system.
1- h. Communicate effectively the results of financial analysis.

2- a. Recognizing and refraining from either actively or passively subverting the attainment of the organization's legitimate and ethical objectives.
2- b. Recognizing and communicating professional limitations or other constraints that would preclude responsible judgment or successful performance of an activity

3. Evaluate and design an appropriate computer based information systems in organizations such as financial accounting system, performance management and
monitoring system, payroll system and executive information system

COURSE-LEVEL STUDENT LEARNING OUTCOMES:To introduce the business student to the tools and techniques of decision making in finance. Upon completion of
this course, students should:
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Accountancy/BS Accounting Technology/BSBA

1. Understand the characteristics of financial markets and instruments, and be conversant in financial technology.
2. Understand the finance function within business organizations.
3. Be able to analyze and interpret financial information so one can make effective and informed business decisions.

II.

Expected DMCian Identify Desired Result: By the end of the program, the students are able to:
Graduate Attribute

God Fearing Manifest the spirit of Faith by internalizing and applying the principles of oneness, peace and prosperity through Gospel teachings in any
circumstances regardless of beliefs.

Knowledgeable Inculcate the significance of various learning processes towards attainment of goals to become productive graduate and effective business
administrators or marketing managers.

Socially Strengthen awareness on the significance of social gatherings, meetings, and confrontations to be able to develop acceptance of certain
Responsible responsibilities towards enhancement of public relation with the community they served.

Multi- Enhance and develop the learners potentials by applying the acquired skills and knowledge in achieving the goals of daily undertakings.
talented/Versatile
Committed to Serve Internalize the essence of service to oneself, family, community and the country which are among the significant values of a good business
administrator or marketing manager.

Expected DMCian Graduate Attribute Rubrics

Excellent (4) Proficient (3) Adequate (2) Limited (1) Score

(Socially Responsible)
Obedient All group participants were Almost all members of the Some members of the All members were
active and performed the group were participative, group performed their hesitant, disagreeable and
tasks with genuine responsive and showed tasks without punctuality disobedient.
sincerity. acceptance of the tasks. and honesty.
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Accountancy/BS Accounting Technology/BSBA

Perceptive Performed the tasks Interpretations of the tasks Reflections and opinions The group performance of
creatively, critically objectives were based on are somehow based on the assigned tasks were
coupled with honesty and the set principles and the courtesy and respect. practically not visible.
sincerity
values of the college.

(Knowledgeable)
Innovative The performance of the The duties and functions Some members displayed Displayed no interest in
assigned tasks was were performed with interest towards the the performance of tasks
genuinely based on strategies and techniques. attainment of the assigned due to its physical
excellent individuals tasks. difficulties.
initiative.
Strategic Displays high level of Capable of establishing Lacks the skills, opinions Incapable of carrying tasks
performance and even methods that are and ideas when confronted as expected due to limited
beyond expectations. beneficial and for the with challenging initiatives.
welfare of all concerned.
circumstances.

(Committed to Serve)
Committed to service for Has displayed high level Performed tasks related to Punctuality does not exist, Total avoidance of
the welfare of DMCians commitment, dedication Public Community irregular appearances performing responsibilities
and service for the safety Services with the occurred, and poor and lacks of self-
and security of every observance of Public services to all concerned confidence in delivering
DMCian. Relation principles. are visible. social responsibility.

III.
GRADING SYSTEM

Preliminary Grade (PG) Midterm Grade (MG) Pre-final Grade (PFG)/ Finals Grade (FG) Semestral Final Grade (FG)

PRELIM EXAM 40% MIDTERM EXAM 40% PREFINAL EXAM 40% FINA EXAM 40% PG 25%
QUIZZES 25% QUIZZES 25% QUIZZES 25% QUIZZES 25% MG 25%
ORAL RECITATION/ ORAL RECITATION/ ORAL RECITATION/ ORAL RECITATION/ PFG 25%
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Accountancy/BS Accounting Technology/BSBA

REPORTING/ REPORTING/ REPORTING/ REPORTING/ FG 25%

REQUIREMENTS 25% REQUIREMENTS 25% REQUIREMENTS 25% REQUIREMENTS 25% FG 100%
ATTENDANCE 10% ATTENDANCE 10% ATTENDANCE 10% ATTENDANCE 10%
100% 100% 100% 100%

Course Objectives, Topics, Time Student Learning Outcomes Assessment Strategies Outcomes-Based
Allotment (SLO) (AS) Assessment/Results/Evidence
(OBARE)

PRELIMINIARY COVERAGE

MODULE 1 : 4 Hours

Chapter 1- THE NATURE AND AIMS OF Students are expected to:

BUSINESS
1. The Phillipine Economy
2. The Role of Business
3. Business Defined
4. Kins of Business
5. Objectives of Business
Read, explain and give example/s 20 item-quiz. Scores are recorded in
1.) describe the factors that affect each topic. the class record.
Philippine economic development;
2.) understand the role of business in the
economy;
3.) identify the kinds of business,.
4.) enumerate the common objectives in
establishing a business;

MODULE 2 : 4 Hours At the end of the Module, students are

Objectives: expected to;

Chapter 2- ORGANIZING A BUSINESS 1. explain the importance of the

1. Why Person Engage in Business organizational stage in the life cycle of a
2. Entrepreneurship business..
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Accountancy/BS Accounting Technology/BSBA
3. Business Prospecting
4. Business Promotion
MODULE 3 : 4 Hours
Chapter 3- FUNDAMENTAL CONCEPTS
AND TOOLS OF BUSINESS FINANCE
1. Basis Concepts
2. The Goals of Business Finance
3. The Financial Statement
4. The Budget
5. The Annual Report
MODULE 3 : 4 Hours
Chapter 3- MONEY AS A UNIT OF
EXCHANGE
1. The Development of Money in the
Philippines
2. The Functions of Money
3. Types of Money
4. Characteristics of Money
5. Problems Concerning the Money
Supply
DMCCF SBA BS
2.Understand why people engage in
business.
3.Explain the meaning of
entrepreneurship.
4.enumerate the steps to be undertaken
before starting a business.
At the end of the Module, students are
expected to;
Read, explain and give example/s 20 item-quiz. Scores are recorded in
1.) Discuss the basic concept of finance; each topic. the class record.
2.) explain the goals of business finance.
3. define the significance of the financial
statement and budget in the operation of
a business. Group Report.
1.) Discuss the importance of money in
business;
2.) explain and enumerate the functions
of money. Read, explain and give example/s
3. define and distinguished the different each topic.
kinds of money.
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Accountancy/BS Accounting Technology/BSBA
MODULE 4 : 4 Hours
Chapter 4- THE FINANCIAL MARKET
1. What are Financial Markets
2. Benefits of Financial Markets
3. Why Firms Invest and Borrow
4. Methods by Which Financial Markets
Transfer Funds
MODULE 5 : 4 Hours
Chapter 5- CAPITAL BUDGETING
SYSTEM
1. Basic Concepts in Capital
Budgeting
2. Objectives of Capital Budgeting
3. The Capital Budgeting System
4. Evaluation of Proposed Capital
Expenditures
5. Methods of Economic Evaluation
6. Risk, Uncertainty and Sensitivity
DMCCF SBA BS
MIDTERM COVERAGE
At the end of the Module, students are
expected to;
1.) understand the importance of financial
markets in business.
2.) enumerate the benefits a financial
market can offer;.
At the end of the Module, students are
expected to;
1.) understand the reasons why capital
budgeting cannot be disregarded by the
management;
2.) cite the examples of the purposes of
capital budgeting;
3. understand why risk, uncertainty and
sensitivity be included as factors in the
evaluation of proposed capital
expenditures.;
4. discuss the importance of
obsolescence as a risk factor;
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Accountancy/BS Accounting Technology/BSBA
MODULE 6 : 4 Hours
Chapter 6- WORKING CAPITAL
1. Meaning and Composition of
Working Capital
2. The Need for Working Capital
3. Management of Working Capital
4. Liquidity Management
5. Cash Management
6. Accounts Receivable Management
7. Inventory Management
MODULE 7 : 4 Hours
Chapter 7- SOURCES OF SHORT-TERM
CAPITAL
1. Advantages of Short-Term Credits
2. Disadvantages of Short-Term
Credits
DMCCF SBA BS
At the end of the Module, students are
expected to;
1.) understand the what is meant by
working capital;
2.) know the functions of working capital;.
3. enumerate the function of inventories ;
4. identify the objectives to be achieved in
the working capital management.
SEMI-FINALS COVERAGE
At the end of the Module, students are
expected to;
1.) identify and differentiate the three
types of financing scheme;
2.) understand the advantages and
disadvantages of short-term funds.;
3.) enumerate the sources of short-term
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Accountancy/BS Accounting Technology/BSBA

3. The Suppliers of Short-Term Funds funds..

MODULE 8 : 3 Hours
At the end of the Module, students are
Chapter 8- INTERMEDIATE TERM expected to;
FINANCING
1.) understand the advantages of
1. Advantages of Intermediate Term intermediate term financing;
Financing 2.) enumerate the types of term loans;.
2. Term Loans by Private Financial
Institutions
3. Term Loans by the Government

MODULE 9 : 4 Hours
At the end of the Module, students are
Chapter 9- LEASING expected to;

1. Lease Defined 1.) discuss the importance of leasing as a

2. Types of Leases source of financing;
3. Basic Lease Provisions 2.) explain each type of lease;.
4. Advantages of Leasing 3.) understand the advantages attributed
to leasing..
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Accountancy/BS Accounting Technology/BSBA
MODULE 10 : 4 Hours
Chapter 10- FINANCIAL ANALYSIS
1. Financial Analysis Defined
2. Types of Analysis
3. Financial Ratios
4. Comparative Ratio Analysis
MODULE 11 : 4 Hours
Chapter 11- BUSINESS RISKS
1. Definition of Risk
2. Methods of Handling Risk
3. Insurance as a device of handling
Risk
4. Types of Insurance Coverages
MODULE 12: 4 Hours
Chapter 12- BUSINESS FAILURE,
REORGANIZATION AND LIQUIDATION
1. Business Failure Defined and
Classified
DMCCF SBA BS
FINALS COVERAGE
At the end of the Module, students are
expected to;
1.) know the interested group that are
concerned of the financial state of a firm.
2.) understand what is financial ratio and
its importance to the firm;.
3. discuss the importance of comparative
ratio analysis;
At the end of the Module, students are
expected to;
1.) explain how risks affect the business;
2.) summarize the methods of handling
risks;.
3. identify the Importance and types of
insurance coverage;
4. enumerate the advantages of
insurance;
At the end of the Module, students are
expected to;
1.) understand when a business failure
occur;
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Accountancy/BS Accounting Technology/BSBA

2. Causes of Business Failure 2; enumerate the kinds of business

3. Symptoms of Failure failure;
4. Remedial Actions for Business 3. identify the causes of business failures;
Failures 4. know the remedies to be undertaken
after a business failure.

IV. COURSE POLICIES

1. Regular attendance is required of all students. Attendance is counted upon the first day of regular classes regardless of the date of the students enrollment.
2. A student who has incurred absences of more than twenty (20%) of the required total number of class hours and laboratory periods in a given time shall be
considered failed.
3. Tardiness beyond twenty (20) minutes is considered an absence. Three late entrances shall be counted as an absence for the purpose of record keeping.
4. A student is considered absent, from class if he/she is not present within the first third fraction of the scheduled class time.

V. REFERENCES:

Prepared by: Noted by: Approved:

EARL RUSSELL S. PAULICAN, REB RACHELL-ANN B. BULJATIN, CPA DR. DINO JOEY CORDOVA
INSTRUCTOR OIC- DEAN SBA VP- ACADEMIC AFFAIRS/DEAN OF INSTRUCTION