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UNIVERSITY OF THE EAST

COLLEGE OF BUSINESS ADMINISTRATION
Manila

SY 2020-2021
COURSE SYLLABUS (per CMO 3, s2007)

I. COURSE CODE : BAC414

II. COURSE TITLE : MANAGEMENT CONSULTANCY

III. COURSE DESCRIPTION : This course covers basic considerations of management consultancy engagements by CPAs; areas of
management consultancy, professional attributes of management standards, and ethical
considerations. It also covers project feasibility aspects of project development cycle, economic
aspect, technical aspect, financial aspect (investment cost, financing, and evaluation); information
systems engagement, management/operations audits, and business process
improvements/reengineering. Accountancy students will be introduced to the various consultancy
projects involving problem analysis and diagnosis, research and investigation, development of potential
solutions, recommendation of a preferred course of action, and implementation and facilitation of the
solution. Thus, this course will serve as a tool preparing accountancy students to possible careers in
management consulting. Important topics on research are also incorporated in this course where
students are required to conduct an actual research study as a final requirement.

IV. PREREQUISITE: BAC411

V. CREDIT : 3 Units

VI. TIME ALLOTMENT : 54 hours

VII. GENERAL OBJECTIVES : At the end of the course, the students are expected to:

1. Identify with the basic considerations in management consultancy engagements by CPAs

2. Discuss the areas of management consultancy, professional attributes of management standards,
and ethical considerations
4. Create a business plan with concentration on the financial aspect and analysis of financial
statements
5. Conduct an accounting research work as a course requirement.
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VIII. COURSE REQUIREMENTS : 1. Homework and seat works
2. Cases Analyses
3. Quizzes and Formal examinations
4. Preparation of the financial aspect of a business plan
5. Submission of an accounting research output

IX. TEXTBOOK : Cabrera, Ma. Elenita B. Management Consultancy, Principles and Engagements. Manila: GIC
Enterprises, c2015

X. REFERENCES : Curnow, Barry and Reuvid, Jonathan (Editors). International Guide to Management Consultancy: The
Evolution, Practice and Structure of Management Consultancy Worldwide, c2003
Roehl-Anderson, J. Controllership: The Work of the Managerial Accountant. Hoboken, NJ: Wiley, c2004
Jones, Andrew. Management Consultancy and Banking in an Era of Globalization. New York: Palgrave
Macmillan, 2003
Ariola, M. Principles and Methods of Research. Manila: Rex Book Store, c2006
Acero. Methods of Research. Manila: Rex Book Store, c2006
College of Business Administration, UE Manila. Book of Abstract – Accountancy, 2013-2017
Calmorin, et al. Research Methods and Thesis Writing. Manila: Rex Book Store, c2007
Churyk, Pearson, Weirich, Accounting Research: Tools and Strategies, 8th Edition, Wiley, 2013
Subong, et al. Statistics for Research. Manila: Rex Book Store, c2008
Humphrey, C. & Lee, B. The Real-Life Guide to Accounting Research: A Behind-the-Scenes View of
Using Qualitative Research Methods. Elsevier Ltd., c2010
Smith, Malcolm. Research Methods in Accounting. Sage Publication Ltd., c 2010

XI. COURSE OUTLINE :

SPECIFIC OBJECTIVES TOPIC METHODOLOGY TIME EVALUATIVE

ALLOTMENT MEASURES
At the end of this part, students should I. BASIC CONSIDERATIONS IN
be able to: MANAGEMENT CONSULTANCY
1. Discuss the evolution, trends and ENGAGEMENTS
prospects of management 1. Overview of MAS by CPAs Online Lectures 18 class hours Online Quizzes
consulting services 2. Areas of MAS Group Discussions Individual submissions
2. Enumerate and explain the various 3. Professional attributes of Management Illustrative Online Group
types of management consulting Consultants Examples presentations
services 4. MAS Practice Standards and Ethical Prelim examination
3. Understand the areas, and explain Considerations
the nature of other types of 5. Organization and Management of MAS
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consultancy work Practice
4. State the traditional as well as the 6. Stages of Management Consulting
emerging consultancy services of Engagement
CPAs 7. Project Management and Control
5. Give and explain the professional 8. Presentation of Engagement Reports
attributes that a consultant must 9. Managing the Quality of Consulting
possess Engagement
6. Understand the MAS practice 10. Management of the Client Relationship
standards and know the rules in 11. Management of People Relationships
the Code of Ethics applicable to the
practice of management
consultancy services
7. Understand the basic techniques in
developing MAS practice
8. Enumerate the stages in a
management consulting
engagement
9. Know the techniques in evaluating
the engagement and post-
engagement follow-up
10. Understand the meaning of project
management and the importance
and basic principles of time mgt
11. Know the guidelines in the
preparation and presentation of
engagement reports
12. Understand and apply the various
techniques in project evaluation
and control
13. Know the techniques in developing
and maintaining harmonious
relationship between the consultant
and the client
14. Understand and know the factors in
selecting and developing consulting
staff
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SPECIFIC OBJECTIVES TOPIC METHODOLOGY TIME EVALUATIVE
ALLOTMENT MEASURES
At the end of this part, students should II. OTHER CONSULTANCY SERVICES
be able to: 1. Operational Auditing
1. Understand the nature, objectives, 2. Business Process Improvement/Re- Online Lectures 3 class hours Online Group
scope of operational audit engineering Illustrative presentations
2. Learn the general approach to Examples
operational audit Groupings
3. Know the nature, objectives and
approach to business re-
engineering
4. Apply business process
improvement/re-engineering

SPECIFIC OBJECTIVES TOPIC METHODOLOGY TIME EVALUATIVE

ALLOTMENT MEASURES
At the end of this part, students should III. PROJECT FEASIBILITY STUDY
be able to: 1. Project Feasibility Study
1. Describe the project development a. PFS: financial aspect – investment
cycle and its stages cost Online Lectures 6 class hours Online Group
2. Discuss the nature of a project  determination of total Illustrative Submissions
feasibility study and know the investment cost Examples
benefits derived from the b. PFS: financial aspect – project Groupings
financing and evaluation
preparation of a project feasibility
 determining funds requirement
3. Prepare the financial aspect of a
and profitability
feasibility study involving  source of financing
investment cost, and project  economic evaluation
financing and evaluation

SPECIFIC OBJECTIVES TOPIC METHODOLOGY TIME EVALUATIVE

ALLOTMENT MEASURES
At the end of this part, students should IV. RESEARCH CONCEPTS AND
be able to: METHODS
1. Understand the basic concepts of 1. Basic concepts of Research
research and know the different a. Definition, introduction to Online Lectures 9 class hours Research proposal
types of research and their research, significance and Consultation Midterm Examination

purposes and characteristics.
2. Accounting research proposal
2. Basic concepts in conducting research
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objectives Groupings
b. Types of research and their
purposes and characteristics
 by purpose (basic research,
applied research, action
research)
 by method [historical research,
descriptive research,
experimental research,
correlation research, ex-post
factor research (cause and
effect)]

SPECIFIC OBJECTIVES TOPIC METHODOLOGY TIME EVALUATIVE

ALLOTMENT MEASURES

At the end of this part, students should V. ACCOUNTING RESEARCH

be able to:
1. Complete research (writing and Conduct and defense of accounting Consultation 18 class hours Research output
editing) in consultation with mentor research Groupings submission
and committee Final Examination
2. Submit complete accounting
research as a final requirement

XII. GRADING SYSTEM :

Preliminary Grade: = (PX x 40%) + (AQP x 40%) + (CS1 x 20%) Final Grade:
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35% Major Examination Midterm Grade 1/3
35% Average Quizzes Final Grade 2/3
30% Group and Individual Submissions 50% Course Output – Accounting Research
50% Class Standing:
Midterm Grade: Individual rating 30%
Prelim Grade 1/3 Peer evaluation 10%
Midterm Grade 2/3 Documentation 10%
35% Major Examination
35% Research Proposal
30% Group and Individual Submissions

The 11- Point System of Grading

98-100 1.00 80-82 2.50
95-97 1.25 79-77 2.75
92-94 1.50 75-76 3.00
89-91 1.75 74-70 4.00
86-88 2.00 below 70 5.00
83-85 2.25

Learning Resources Laptop, desktop computer, mobile device, internet connection, pocket WIFI, Canvas, e-books

Consultation Hours As announced

Prepared by:

Angelito C. Descalzo, CPA