FAR EASTERN UNIVERSITY

Vision
Guided by the core values of Fortitude, Excellence and Uprightness, Far Eastern University aims to be a university of choice in Asia

Mission
Committed to the highest intellectual, moral and cultural standards, it strives to produce principled and competent graduates. It nurtures a service-oriented
and environment conscious community which seeks to contribute to the advancement of the global society.

Quality Policy
Far Eastern University is committed to providing quality educational services. Each person is expected to do the job right the first time with the intention of
consistently satisfying the requirement of our students, other members of FEU community, and external parties. Under any given circumstances we shall
adhere to all the requirements and standards for continuous improvement and effectiveness of the
quality management systems.

INSTITUTE OF ACCOUNTS, BUSINESS AND FINANCE

Vision
Far Eastern University – Institute of Accounts, Business and Finance (IABF) envisions itself
to be the preferred business school in Asia.

Mission
The Institute of Accounts, Business and Finance is committed to produce principled and competent business graduates, espousing Fortitude, Excellence and
Uprightness. IABF will promote community engaged, service-oriented individuals who will shape and build strong organization in the future.

DEPARTMENT OF ACCOUNTANCY

Vision
Guided by the core values (Fortitude, Excellence and Uprightness) of a true-blooded Tamaraw, the Accountancy Program of FEU– IABF envisions itself as a
Center of Excellence in Accountancy Education.

Mission
It commits to develop future responsible accounting professionals through holistic accountancy curriculum, extensive and innovative delivery of instruction,
competent and highly qualified faculty, state-of-the-art facilities, industry and community-based researches, practical-based student apprenticeship program
and extensive community

Page 1
Course Title : Income Taxation
Course Code : INC TAX
Credits : Three (3) units
Prerequisite : Fundamentals of Accounting, Part 2
Course Description : It is a three-unit course covering an overview of the Philippine national tax system. The objective is to develop a
working knowledge of the basic principles and rules of the income tax system as these apply to individuals, estates,
trusts and corporations. It provides the students with knowledge of the capital gains tax, final tax on certain passive
incomes, withholding tax system, and the year-end tax income taxes. It also covers the processes on how to file the tax
returns, determine the venue, and know the prescriptive periods and the remedies of the taxpayers.

Program Learning Outcomes (PLO):

The BSBA-Internal Auditing (IA) and Bachelor of Science in Accountancy (BSA) program shall collaborate and strongly integrate
with industry to be able to:

1. Provide learning experiences that deliver a supportive program of study and activities which contribute to the students’ well-being and
social development, so as to make them qualified graduates who can integrate their professional growth and intellectual development;
2. Enhance students’ professional knowledge by equipping them with necessary managerial, leadership, interpersonal and technical skills
needed in today’s digital economy and changing business environment;
3. Develop students’ proficiency to apply global perspectives to analyze accounting and business issues;
4. Produce accounting graduates with strong foundation for pursuing further studies and advancing in their careers for professional
certification
5. Use analytical and research skills to monitor evolving accounting standards and practices

Student Outcomes (SO):

The BSA/IA graduates should be able to:

a. Demonstrate mastery of professional accounting knowledge, skills and values;

b. Display capability to take the Certified Public Accountant (CPA) examination or take the Certified Internal Auditor (CIA);
c. Exhibit entry level skills for employment in private establishments and government institutions;
d. Communicate effectively using oral, written, and multimedia techniques;
e. Achieve academic excellence to evaluate and analyze financial data for effective decision making
f. Use sound judgment and apply analytical know-how in solving critical issues

Page 2
Course Learning Outcomes (CLO):

At the end of this course, the learner is expected to:

1. Explain the basic principles of the income tax system
2. Distinguish the different types of taxpayers
3. Describe the taxability or non-taxability of the income of the different types of taxpayers
4. Differentiate ordinary income from passive income
5. Apply the applicable tax rates on certain passive incomes
6. Categorize the capital assets from ordinary assets
7. Compute the capital gains tax from the sale, barter or exchange or other disposition of shares of stocks not traded in the Stock Exchange
and real property classified as capital assets
8. Demonstrate knowledge on the nature and characteristics of the withholding tax system
9. Identify the inclusions and exclusions from gross income
10. State the allowable deductions as they relate to the trade or business or in the practice of profession
11. Choose the method of deductions suitable to the business or practice of profession
12. Compute the income tax due for individual and non-individual taxpayer
13. Comply with the reportorial requirements of the concerned revenue agency
14. Prepare the prescribed BIR forms or returns
15. File the corresponding tax returns on time
16. Observe the prescribed periods and deadlines in the filing of the returns and payment of taxes
17. Apply the remedies available to taxpayers in cases of assessment and collection
18. Exemplify fortitude, excellence and uprightness through proper reporting of income and/or expenses and payment of the correct taxes

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 COURSE LEARNING OUTCOMES IN RELATION TO STUDENT OUTCOMES AND PROGRAM LEARNING OUTCOMES

Course Learning Outcomes (CLO) Student Outcome (SO) Program Learning

Outcomes (PLO)

CLO1 Explain the basic principles of the Philippine income tax system a, b, d 1, 3, 4

CLO2 Distinguish the different types of taxpayers a, b, c, d, e, f 1, 2, 3, 4, 5

CLO3 Describe the taxability or non-taxability of the income of the different types a, b, c, d, e, f 1, 2, 3, 4, 5
of taxpayers
CLO4 Differentiate ordinary income from passive income a, b, c, d, e, f 2, 3, 4, 5

CLO5 Apply the applicable tax rates on certain passive incomes a, b, c, e, f 1, 2, 3, 4, 5

CLO6 Categorize the capital assets from ordinary assets a, b, c, d, e, f 2, 3, 4, 5

CLO7 Compute the capital gains tax from the sale, barter or exchange or other
disposition of shares of stocks not traded in the Stock Exchange and real a, b, c, e, f 1, 2, 3, 4, 5
property classified as capital assets
CLO8 Demonstrate knowledge on the nature and characteristics of the a, b, c, d, e, f 1, 2, 3, 4, 5
withholding tax system
CLO9 Identify the inclusions and exclusions from gross income a, b, c, d, e, f 2, 3, 4, 5

CLO10 State the allowable deductions as they relate to the trade or business or in
the practice of profession a, b, c, d, e, f 2, 3, 4, 5

CLO11 Choose the method of deductions suitable to the business or practice of

profession a, b, c, e, f 1, 2, 3, 4, 5

CLO12 Compute the income tax due for individual and non-individual taxpayer a, b, c, e, f 2, 3, 4

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 Course Learning Outcomes (CLO) Student Outcome (SO) Program Learning
Outcomes (PLO)

CLO13 Comply with the reportorial requirements of the concerned revenue agency a, c, e 1, 2, 3, 4, 5

CLO14 Prepare the prescribed BIR forms or returns c, d 1, 2, 3, 4

CLO15 File the corresponding tax returns on time c 1, 2, 3, 4

CLO16 Observe the prescribed periods and deadlines in the filing of the returns
and payment of taxes a, b, c, d, e, f 1, 2, 3, 4, 5

CLO17 Apply the remedies available to taxpayers in cases of assessment and

collection a, b, c, d, e, f 1, 2, 3, 4, 5

CLO18 Exemplify fortitude, excellence and uprightness through proper reporting of a, b, c, e 1, 2, 4

income and/or expenses and payment of the correct taxes

Page 5
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
 Course Orientation and Policies, CLO1  Perception Student’s
Standards, Guidelines (PSG) Discussion CLO13 about the feedback
 Administrative matters CLO17 course and
other
 Overview of the Powers and Authority expectations
of the Commissioner of Internal about the
Revenue requirements
 Discussion of University and for completing
A. Power to Interpret Tax Laws and to classroom policies the course
Decide Tax Cases  Discussion of syllabus
1. Exclusive and Original Jurisdiction content
2. Exclusive Appellate Jurisdiction  Discussion on course
requirements and grading
B. Power to Obtain Information, and to system
1 Summon/Examine, and Take  Expectations setting
Testimony of Persons  Election of class officers and
1. To Examine Books, Paper, Records arrangement of seat plan
2. To Obtain Information From Any  Presentation of sample
Person Letter of Authority; Sub
3. To Summon the Person Liable or Poena; Access letter
Any Other Person
a. Sub Poena Duces Tecum
b. Sub Poena Ad Testificandum
4. To Take Testimony
5. To Cause Revenue Officers to Make
a Canvass and Make Inquiries
Concerning Persons Liable

C. Power to Make Assessments and

Page 6
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
Prescribe Additional Requirements for
Tax Administration and Enforcement
1. To Examine Returns and Determine
the Tax Due
2. Best Evidence Obtainable
3. To Conduct Inventory-taking,
Surveillance and to Prescribe
Presumptive Gross Sales and
Receipts
4. To Terminate Taxable Period
5. To Prescribe Real Property Values
6. To Inquire into Bank Deposit
Accounts
7. To Accredit and Register Tax Agents
8. To Prescribe Additional Procedural
or Documentary Requirements
9. To enter into compromise or abate
tax liability and refund or credit
taxes

D. Authority of the Commissioner to

Delegate Power
Exceptions:
1. To recommend the promulgation of
rules and regulations by the Secretary
of Finance
2. To issue rulings of first impression or to
reverse, revoke or modify any existing
ruling

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 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
3. To compromise or abate any tax liability

E. To Assign or Reassign Internal Revenue

Officers

 Describe the organization of the BIR,

BOC, BOI, PEZA and LGU collecting
units
Principles of Taxation CLO1  Faculty-facilitated discussion Reflection  Graded
 Definition CLO13 and learners’ interaction essays on recitation
 Nature, scope, classification, and essential CLO17  Demonstrating “Angat Pa,  Pre and Post
characteristics CLO18  Video showing: Pinas” and Tests
 Aspects, process, objectives, importance “Angat Pa, Pinas” and “RFP” “RFP”
of Taxation (Register, File and Pay)
 Principles of sound tax system
 Inherent powers of the state
 Differences between taxation and
police power
2
 Differences between taxation and
eminent domain
 Similarities among taxation, police
power and eminent domain
 Limitations of the power of taxation
(inherent limitations and constitutional
limitations)
 Tax evasion vs. tax avoidance
 Sites/place of taxation
 How a tax bill becomes a law

Page 8
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
 Impact of taxation in nation building
 Double taxation (direct and indirect)
 Tax vs. other charges (toll, special
assessment, license fee, debt)
 Ethical tax compliance and administration
Taxpayer and Tax Base CLO1  Faculty-facilitated discussion Duly filled-out  Graded
CLO2 and learners’ interaction portion of the recitation
Income Tax on Individuals CLO3  Demonstration of use of the BIR Forms  Graded board
CLO4 BIR Form 1700 or seat work
 Fundamental Concepts of Individual CLO5 1701
income taxation CLO6
 General classifications of individual income CLO13
taxpayers – RC, NRC, RA, NRAETB, CLO14
NRANETB CLO17
 Citizens CLO18
3-4  Aliens
 Pure compensation income earner
 Pure business or professional
income earner
 Mixed income earner
 Tax on aliens employed by regional
operating headquarters of multinationals,
offshore banking units and petroleum
service contractors
 Sources of income
Corporations CLO1  Faculty-facilitated discussion Duly filled-out  Graded
4-5  Classification (domestic and foreign) CLO2 and learners’ interaction portion of the recitation
 Income taxes CLO3  Demonstration of use of the BIR Forms  Pre and Post

Page 9
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
 Regular corporate income tax CLO4 BIR Form 1702-RX Tests
 Minimum corporate income tax CLO5  Problem solving 1702-EX
 Optional corporate income tax CLO6 1702-MX
 Improperly accumulated earnings tax CLO13
 Special corporations CLO14
 Other Domestic corporations CLO17
 Resident foreign (international CLO18
carriers, offshore banking units,
regional operating headquarters of
multinationals, branch profits
remittances)
 Non-resident foreign (lessors of
equipment, aircraft and machinery;
 owners of vessels chartered by
Philippine nationals, lessor, distributor
 or owner of cinematographic films)
 Exempt corporations
 Partnerships
 general professional partnerships
 business partnerships
 Joint ventures (exempt and taxable)
 Estate and trust (exempt and taxable)
6 PRELIMINARY EXAMINATION
 Concept of Income CLO1  Faculty-facilitated discussion Duly filled-out  Graded
 Characteristics of gross and taxable CLO2 and learners’ interaction portion of the recitation
7-9 Income CLO3  Demonstration of use of the BIR Forms  Graded board
 Categories of Income – Overview CLO4 BIR Form 1702-RX or seat work
 Passive income subject to final tax CLO5  Problem solving 1702-EX  Pre and Post

Page 10
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
 Assets CLO6 1702-MX Tests
 Capital CLO7 1701
 Ordinary CLO9 1706
 Capital gains CLO12 1707
 sale of real property classified as CLO13 1603
capital asset CLO14
 sale of shares of stocks not traded in CLO15 Print-out of the
the stock exchange CLO17 zonal values of
 Prescribed periods on filing of returns the students’
 Items of gross income respective
 Exclusions from gross income residences
 Fringe benefits
 De minimis benefits
 Deductions from gross income CLO1  Faculty-facilitated discussion Duly filled-out  Graded
 Itemized deductions CLO2 and learners’ interaction portion of the recitation
 Items not deductible CLO10  Demonstration of use of the BIR Forms  Pre and Post
 Optional standard deduction (OSD) CLO11 BIR Form 1701 Tests
CLO12  Problem solving 1702-RX
 Basic personal and additional exemptions CLO13 1702-EX
10-11  Rules on change of status as affecting CLO14 1702-MX
personal exemptions CLO17 2305
 Premium payments for health and/or
hospitalization insurance

12 MIDTERM EXAMINATIONS

Page 11
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
 Pro-forma computation of income tax of CLO1  Faculty-facilitated discussion Duly filled-out  Graded
individuals including those of husband and CLO2 and learners’ interaction portion of the recitation
wife CLO3  Demonstration of use of the BIR Forms  Graded board
 Pro-forma for the computation of income CLO4 BIR Form 1701 or seat work
tax of non-individuals taxpayers CLO6  Problem solving 1702-RX
CLO8 1702-EX
CLO9 1702-MX
13
CLO10
CLO11
CLO12
CLO13
CLO14
CLO16
CLO18
 Tax return preparation and tax payments CLO1  Faculty-facilitated discussion Duly filled-out  Graded
 Who are required to file? CLO2 and learners’ interaction portion of the recitation
 Who are not required? CLO3  Demonstration of use of the BIR Forms  Graded board
 Venue CLO4 BIR Form 1700 or seat work
 Due dates CLO6 1701
 Regular filing (including substituted and CLO8 1702-RX
electronic) CLO9 1702-EX
14  Large taxpayers and non-large taxpayers CLO10 1702-MX
 Income tax credits (local and foreign CLO11
 Payment of taxes in installment CLO12
 Withholding taxes CLO13
 At source CLO14
 Expanded or creditable withholding CLO16
tax CLO17
CLO18

Page 12
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
 Final withholding taxes
 Withholding tax on government
payments
• Withholding tax certificate of compensation
income earners
 Accounting periods CLO1  Faculty-facilitated discussion Duly filled-out  Graded
 Calendar year CLO2 and learners’ interaction BIR Forms recitation
 Fiscal year CLO13  Demonstration of use of the 2316  Pre and Post
 Short accounting period CLO14 BIR Form 2305 Tests
 Accounting methods CLO16  Presentation of sample 1901
 Compliance Requirements CLO17 Certificate of Registration 1902
 Administrative requirements  Presentation of sample 1903
14-15 (registration, issuance of receipts, official receipts and sales 1904
printing of receipts) invoices 1905
 Attachments to the ITRs  Presentation of sample
 Keeping of books of accounts and books of accounts
records, including report of inventories
 Prescriptive period of books of
accounts and other accounting records

 Penalties CLO1  Faculty-facilitated discussion Duly filled-out  Graded

 Civil Penalties CLO2 and learners’ interaction portion of the recitation
 Surcharges CLO4  Demonstration of use of the BIR Forms  Quiz
 Interest CLO5 BIR Form 1700
15-17
 Compromise penalty CLO7  Problem Solving 1701
 Criminal Penalties CLO8 1702-RX
 Remedies of the state CLO12 1702-EX
 Definition, scope and prescriptive CLO13 1702-MX

Page 13
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
period CLO14
 Administrative remedies (lien, CLO15
compromise, garnishment, levy and CLO16
distraint) CLO17
 Judicial actions (civil or criminal)

 Remedies of the taxpayer

 Prescriptive periods
 Administrative remedies against:
1. Preliminary assessment notice
2. Formal letter of demand
o Reinvestigation
o Reconsideration
3. Final decision on disputed assessment
 Request for refund or credit of taxes
 Summary remedies (collection)
 Garnishment
 Seizure
 Levy
 Compromise and abatement of tax
liabilities
 Expanded jurisdiction of the Court of Tax
Appeals
 Special topics

TAXATION UNDER THE LOCAL GOVERNMENT

CODE

PREFERENTIAL TAXATION

Page 14
 Time Strategy/ Student
Learning Assessment/
Frame- Lesson/ Methodology/ Output
Outcomes Evaluation
Week Topics Activities
 Senior Citizens Law
 Magna Carta for Disabled Persons
 Special Economic Zone Act
 Omnibus Investments Code (Book
1 of Executive Order 226)
 Barangay Micro Business
Enterprises (BMBEs) Act
 Double Taxation Agreements
(DTA)

TARIFF AND CUSTOMS CODE

EFFECTIVE COMMUNICATION TO
STAKEHOLDERS
FINAL EXAMINATIONS
18
Submission of Reflective Essay

Page 15
REQUIRED TEXTBOOK
Rex B. Banggawan. Income Taxation Laws, Principles and Applications (2016). Manila: Rex Bookstore.

SUGGESTED READINGS AND REFERENCES

Aduana, Nick L. Simplified and procedural handbook on income taxation (2016). Quezon City : C & E Publishing Inc.
Ballada, Susan. Income taxation made easy (2015). Manila : DomDane Pub
De Leon, Hector S. The Law on income taxation : with illustrations, problems, and solutions (2016). Manila : Rex Book Store
Reyes, V. Income Tax Law and Accounting. (2015). Manila: Conanan Bookstore.
Tabag, Enrico D. Income Taxation (2015). Mandaluyong City : Millennium Books
Valdez, Deuardo Victor J. Taxation Law. (2016). Quezon City: C & E Publishing Inc.
Valencia, Edwin G. Income Taxation - 7th Edition (2016). Baguio City : Valencia Educational Supply

National Internal Revenue Code (Codal) Manila: Rex Printing Company Inc.
On-line sources e.g. www.bir.gov.ph

CLASSROOM POLICIES

It is the responsibility of the learner to come to each class prepared. He/she is also expected to take all examinations on the scheduled
date. He/she should read the assigned problems prior to class discussion. He/she is expected to attend each class and participate actively
in the discussions.

FEU Academic Dishonesty

All Research, Accounting, Auditing, Law and Taxation students are expected to be academically honest. Cheating, lying, and other forms of
immoral and unethical behavior will not be tolerated. Any student found guilty of cheating in examinations or plagiarizing in submitted
course requirements will (at a minimum) receive a Failing Grade in the course/subject. Cheating and Plagiarism refer to the use of
unauthorized books, notes, securing help in a test, copying test, assignments, reports or term papers, collaborating without authority with
another student during an examination or in preparing academic work, signing another student’s name on an attendance sheet,
representing the work of another person as one’s own; and other activities manifesting the practice of scholastic dishonesty.

Policy on Absences

Page 16
 The students are allowed only 20% of the total number of hours in a semester for absences. Hence, the allowed number of absences for a
student enrolled in a 3-unit subject or 6-unit subject is a maximum of six(6) absences during regular semester. Request for excused
absences or waiver of absences must be presented prior to occurrence of absence or immediately upon reporting back to class, whichever
is applicable. Special examinations will be given only in special cases, such as prolonged illness. It is the responsibility of the student to
monitor his/her own tardy incidents and absences that might accumulate leading to the grade of 5.00 or F. It is also his/her responsibility
to consult with the concerned faculty member, program head, Dean should his/her case be of special nature.

Note: Always refer to the Student Handbook for academic polices.

COURSE REQUIREMENTS
Assignments, Quizzes, Practice Set, Major Exams

GRADING SYSTEM
1. COMPUTATION OF PERIODIC GRADES
CLASS STANDING 50.00%
Average Quizzes (AQ) 60%
Class Participation (CP) 40%
MAJOR EXAMINATION (PEx/MEx/FEx) 50.00%
TOTAL 100.00%

2. COMPUTATION OF 1ST PRELIMINARY GRADE (1ST PG)

1ST PG = {[AQ (60%) + CP (40%)] 50%} + [PEx (50%)]

3. COMPUTATION OF 2ND PRELIMINARY GRADE (2ND PG) AND MIDTERM GRADE (MG)
2ND PG = {[AQ (60%) + CP (40%)] 50%} + [MEx (50%)]
MG = 1ST PG (1/3) + 2ND PG (2/3)

4. COMPUTATION OF 3RD PRELIMINARY GRADE (3RD PG) AND FINAL GRADE (FG)
3RD PG = {[AQ (60%) + CP (40%)] 50%} + [FEx (50%)]
FG = MG (1/3) + 3RD PG (2/3)

Page 17
 GRADING SYSTEM

FINAL GRADE LETTER GRADE QUALITY POINT

95.50 – 100.00 A 4.0
91.50 – 95.40 B+ 3.5
88.50 – 91.40 B 3.0
84.50 – 88.40 C+ 2.5
81.50 – 84.40 C 2.0
77.50 – 81.40 D+ 1.5
75.00 – 77.40 D 1.0
Below 75.00 F 0.0

RUBRICS

ASSESSMENT A B+ B C+ C D+ D F
CRITERIA (95.50 – 91.50 – 95.40 88.50 – 91.40 84.50 – 88.40 81.50 – 77.50 – 81.40 75.00 – 77.40 Below 75
100.00) 84.40
Commitment to Consistent Regularly Often Occasionally Occasionall Often Regularly Consistently
the ly demonstrates demonstrate demonstrates y demonstrates demonstrates a demonstrates a
subject/Course – demonstr a pattern of s a pattern a pattern of demonstra a pattern of pattern of pattern of
5% ates a professional of professional tes a unprofessiona unprofessional unprofessional
pattern of behavior with professional behavior with pattern of l behavior behavior with behavior with
profession respect to behavior respect to unprofessi with respect respect to respect to
al issues such as with respect issues such as onal to absences, absences, absences,
behavior regular to issues regular behavior tardiness, and tardiness, and tardiness, and late
with attendance, such as attendance, with late or late or or incomplete task
respect to no tardiness, regular no tardiness, respect to incomplete incomplete task
issues and task attendance, and task absences, task
such as completion of no tardiness, completion of tardiness,
regular highest and task highest and late or

Page 18
 attendanc quality completion quality incomplete
e, no of highest task
tardiness, quality
and task
completio
n of
highest
quality
Class Comes to Comes to Comes to Comes to Occasionall Often comes Regularly comes Does not
participation class class prepared class class prepared y comes to to class to class participate nor
Ethical prepared and regularly prepared and and class unprepared unprepared and listen in classroom
interaction and participates in often occasionally unprepare but listens does not listen
discussions.
Behavior consistent classroom participates participate in d but attentively during
Attitude ly discussions in classroom classroom listens during discussions
Character – 5% participat using his/her discussions discussions attentively discussions of accounting
es in all knowledge in using his/her using his/her during of accounting concepts and
classroom accounting knowledge in knowledge in discussions concepts and principles
discussion concepts and accounting accounting of principles
s using principles; concepts and concepts and accounting
his/her principles; principles; concepts
knowledg Makes and
e in thoughtful Makes Makes principles
accountin comments thoughtful thoughtful
g concepts that advance comments comments
and the when called when called
principles; conversation; upon; upon;

Makes Shows Shows Shows

thoughtful interest in and interest in interest in and
contributi respect for and respect respect for
ons that others’ views for others’ others’
advance views
the

Page 19
 conversati
on;

Shows
interest in
and
respect
for others’
views
Assignment All All All All All All All assignments, No submission of
Seat work assignmen assignments, assignments, assignments, assignment assignments, seat works, and assignments, seat
Project (Practice ts, seat seat works, seat works, seat works, s, seat seat works, project are works, and project
Set)- 10% works, and project and project and project works, and and project regularly
and are regularly are often are project are are often incomplete;
project completed on completed occasionally occasionall incomplete
are time; on time; completed on y and could be Problems are
consistent time; incomplete organized answered
ly Well- Organized and could better; attaining an
completed organized information Organized be equivalent grade
on time; information with the information organized Problems are between 75.00%
with the application with the better; answered to 77.40%
Extremely application of of accounting application of accurately
well- accounting principles; accounting Problems attaining an
organized principles; principles; are equivalent
informatio Problems are answered grade
n with the Problems are answered Problems are accurately between
applicatio answered accurately answered attaining 77.50% to
n of accurately attaining an accurately an 81.40%
accountin attaining an equivalent attaining an equivalent
g equivalent grade equivalent grade
principles; grade between grade between
between 88.50% to between 81.50% to
Problems 91.50% to 91.40% 84.50% to 84.40%

Page 20
 are 95.40% 88.40%
answered
accurately
attaining
an
equivalent
grade
above
95.5%
Quizzes - 30% The The average The average The average The The average The average of all The average of all
average of of all quizzes of all quizzes of all quizzes average of of all quizzes quizzes is at the quizzes is below
all quizzes is above the meets the meets the all quizzes is at the level level of 75%
is at the standard level level of level of meets the of achievement
highest of achievement achievement level of achievement between 75.00%
level of achievement between between achieveme between to 77.40%
achievem between 88.50% to 84.50% to nt between 77.50% to
ent above 91.50% to 91.40% 88.40% 81.50% to 81.40%
95.5% 95.40% 84.40%
Major The The results of The results of The results of The results The results of The results of The results of
Examinations - results of major major major of major major major major
50% major examinations examinations examinations examinatio examinations examinations are examinations are
examinati are above the meet the meet the level ns meet are at the at the level of below 75%
ons are at standard level level of of the level of level of achievement
the of achievement achievement achieveme achievement between 75.00%
highest achievement between between nt between between to 77.40%
level of between 88.50% to 84.50% to 81.50% to 77.50% to
achievem 91.50% to 91.40% 88.40% 84.40% 81.40%
ent above 95.40%
95.5%

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CONSULTATION HOURS
DAY/S TIME ROOM
Faculty Consultation Room

DATE OF EFFECTIVITY: December, 2016

Prepared By: Reviewed By: Recommended By: Approved By:

VICENTE C. GUDANI DR. FE R. OCHOTORENA RAMIL N. BALDRES DR. ALMA EMERITA V. DE LA CRUZ
APH – Internal Auditing APH – Accountancy PH – Accountancy/Internal Auditing Dean - IABF

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