Republic of the Philippines

ISABELA STATE UNIVERSITY

Echague Campus

COLLEGE OF BUSINESS, ACOUNTANCY AND PULIC ADMINISTRATION

Course Syllabus
First Semester,
School Year 2020-2021

Course Number Course Title Credit Unit/s Hours per week

MA 311 Governance, Business Ethics, Risk 3 3
Management and Internal Control

INSTITUTIONAL OUTCOMES
ISU Expected Graduate Attributes
VISION
A leading research university in the ASEAN region. Communicator (Cm)
 Recognizes and values communication as a tool for conveying and interacting with
MISSION others and fostering their own learning.
Isabela State University is committed to develop globally competitive
human, technological resources and services through quality Inquiry-focused and knowledgeable (IFK)
instruction, innovative research, responsive community engagement  Creates new knowledge and understanding through the process of research and
and viable resource management programs for inclusive growth and inquiry.
sustainable development.  Demonstrates comprehensive theoretical and technical concepts related to their field
of specialization with relevant connections to industry, professional and regional
QUALITY POLICY knowledge.
The Isabela State University endeavors to be a lead university in
instruction, research, extension, and resource generation through Competitive (Cp)
continual improvement of services.  Initiates and innovates better ways of doing things.
 Promotes quality and productivity.

Collaborative and Effective Leader (CEL)

 Works in collaborative with others and manages group functioning to meet common
goal.

Lifelong Learning (LL)

ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018
  Acquires new skills and adapts to rapid changes in professional and personal
environment.
GOALS OF THE COLLEGE PROGRAM OUTCOMES

In line with the Isabela State University’s vision and
mission, the College of Business, Accountancy and Public
Administration aims to equip its students with the
necessary conceptual, human and technical knowledge,
skills and competence in the different field of specialization
in preparation for their complex function as professionals
and responsible citizens in the world of work.
The graduates of the Bachelor of Science in Management Accounting program must be able to:
1. Resolve business issues and problems, with a global and strategic perspective
using knowledge and technical proficiency in the areas of financial accounting and
reporting, cost accounting and management, management accounting and control,
taxation, and accounting information system.
2. Conduct management accounting research through independent studies of
relevant literature and appropriate use of accounting theory and methodologies.

3. Employ technology as a business tool in capturing financial and non-financial

information, generating reports and making decisions.

4. Apply knowledge and skills that will successfully respond to various types of
assessments (including professional licensure and certifications); and

5. Confidently maintain a commitment to good corporate citizenship, social

responsibility and ethical practice in performing functions as an accountant.

Course Description:
This course is designed to prepare students to develop a high standard of responsibility, competency and professionalism as they enter the corporate world. It aims to prepare them to
be future business leaders who will play a central part in management and resolution of critical issues involving businesses and people. They will be also equipped with basic
knowledge and skills to thrive in a very dynamic business environment. Topics covered include Corporate Governance, Roles of Government Institutions in Business Governance,
ethics of professional accountants’ recognition and management of risks, applications of internal control concepts and intern al audit procedures.
Prerequisite/s: GEC 7 Ethics. MA 224 Intermediate Accounting 3
Course Outcome:

At the end of the course, the students should be able to:

1.Cognitive:
 Identify and understand the basic concepts of governance, business ethics, risk management and internal control as needed in management and exercise
of profession.
 To obtain. a comprehensive knowledge of the interface of governance, business ethics, risk management and internal control with finance, economics, ,
operations and strategic management and business environment.
 To obtain knowledge about the practical guidelines and techniques in dealing with critical issues and making decisions in business.
ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018
 2. Affective
 Develop the value of professionalism, objectivity, integrity, independence, professional behavior and perseverance.
 Realize the need to adhere to the ethical standards in conducting a business and abide by the code of ethics of the profession
 Identify values that will help strengthen internal control and avoid fraud.

Psychomotor:
 Apply the principles and concepts of internal control in the design of internal control systems and conduct of internal audits.
 Apply the skills in systematic problem analysis and solution development in the analysis of case studies

Course Plan
Graduates Program Intended Learning Outcomes Learning Content Teaching and Teaching Assessment Assessment Number of Lecture Laboratory
Attributes Outcomes (Learning outcome expected (Topics to be Learning Learning Tasks tools (rubics Hours
from the Learning Content discussed) Activities modality used in
assessing
the task as
deemed
necessary)
Cm, CEL. Taken State the vision and mission Vision and Online Recitation Rubrics for
from the of the University, quality Mission of the Join Online Discussion Recitation
CMO- policy, institutional outcomes University discussion (Zoom, FB
course and goals of the College. Quality Policy Room or Rubrics for
Mapping Institutional Messenger) Essay Essay
Outcomes Goals EDMODO
of the College
Cm, IFK PO 1 PO2  Define and describe Module 1 Join Online Modular Answer Self Rubrics for 6
PO3 the nature of Business discussion &Online Evaluation Essay
business governance Governance Do Activity 1- Discussion Questions
and corporate A. Business Answer Self (Zoom, FB Scores
governance and Governance and Evaluation Room or
understand the Corporate Questions Messenger)
importance of good Governance EDMODO
governance in the  Nature
development and
process Characteristics
of Business

ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018
 Governance
Cm, IFK, PO! PO2  List and explain the B Government Join Online Modular Answer Self Rubrics for 10.5
LL PO3 PO4 roles and mandates Agencies discussion &Online Evaluation Essay
of the different involved in Do Activity 2 Discussion Questions
government Business Answer Self (Zoom, FB Scores
institutions involved Governance Evaluation Room or Quiz
in business 1. Bangko Questions Messenger) Rubrics for
governance in the Sentral ng EDMODO Report reports
Philippines; and Pilipinas Do Activity 3 –
 Identify problems 2. Philippin take Quiz
met by the agencies e Stock
and list strategies to Exchange Do Activity 4
solve or minimize the 3. Departm
problems. ent of Finance
4. Departm
ent of Trade and
Industry
5. Board of
Investments
6. Philippin
e Depository and
Trust Company
7. Securitie
s and Exchange
Commission
8. Bureau
of Internal
Revenue
9. Philippin
e Deposit
Insurance
Corporation
10. Local
Government
Units
Preliminary Exam – 1.5hours TOTAL 16.5 HRS
Cm, IFK PO 1 PO2  Describe the nature Module 2 Ethics Join Online Modular Answer Self Rubrics for 6
ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018
 PO3 and advantages of and Risk discussion &Online Evaluation Essay
business ethics Management Discussion Questions Scores
 Relate the A Ethics Do Activity 1 (Zoom, FB
importance of 1. Meaning of Answer Self Room or
Business Ethics to ethics Evaluation Messenger)
the management of 2. Nature of Questions EDMODO
an organization and business
exercise of the ethics Do Activity 2
accounting 3. Ethics of -QUIZ
profession Professional
Accountants
Cm, IFK, PO! PO2  Explain the B Risk Join Online Modular Answer Self Rubrics for 10.5
LL PO3 PO4 concepts, process, Management discussion &Online Evaluation Essay
advantages and 1. Nature of Do Activity 3 Discussion Questions
steps of risk Risk Answer Self (Zoom, FB Scores
management. 2. Nature and Evaluation Room or Quiz
 Describe the nature Role of Risk Questions Messenger) Rubrics for
and effects of fraud. 3. Fraud EDMODO Reaction reaction
 Identify strategies/ Do Activity 4- Paper paper
procedures to deal take Quiz
with fraud
Do Activity 5
Reaction
Paper

Mid-Term Examination – 1.5 hours TOTAL 16.5 HRS

Cm, IFK, PO! PO2  Describe the nature Module 3 Join Online Modular Answer Self Rubrics for 6
LL PO3 PO4 and benefits of Internal Control discussion &Online Evaluation Essay
internal control; and Internal Discussion Questions Scores
 Differentiate the Audit Do Activity 1 (Zoom, FB Rubrics for
kinds of internal A. Internal Answer Self Room or Cases
control Control (IC) Evaluation Messenger)
 Explain the 1. Nature and Questions EDMODO
Framework of Benefits Do Activity 2 –
Internal Control and 2.Components Mini Cases
the components of

ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018
 Internal Control
 Demonstrate the
ability to analyse
cases involving
breakdowns in
internal control.
Cm, IFK, PO! PO2  Describe the nature B. Internal Join Online Modular Answer Self Rubrics for 10.5
LL PO3 PO4 of internal Audit Audit discussion &Online Evaluation Essay
including the basic (IA) Discussion Questions
principles of Internal 1.Nature of IA Do Activity 3 (Zoom, FB Scores
Audit. 2.IA Process Answer Self Room or Quiz
 Expound the internal 3.Types of IA Evaluation Messenger) Rubrics for
Audit process. Questions EDMODO Reaction audit plan
 Differentiate the Do Activity 4- Paper
various kinds of take Quiz
internal audit.
 Understand and Do Activity 5
demonstrate the Audit Plan
ability to prepare an
audit plan.

Final-Term Examination – 1.5 hours TOTAL 16.5 HRS

Course Requirements:
(Set by the faculty in agreement with the students)
 Answers to Self-Evaluation Questions
 Quizzes, Mini Cases
 Report, Reaction Paper, Audit Plan
 Term Examinations

ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018
 Grading Scheme Grade Equivalent
Answers to Self-Evaluation Questions 10%
1.0 98-100
Quizzes, Mini Cases 15% 1.25 95-97
Report, Reaction Paper, Audit Plan 30% 1.5 92-94
Term Examinations 1.75 89-91
Prelims 15 %
2.0 86-88
Midterm Exam 15% 2.25 83-85
Final Exam 15% 2.5 80-82
Total 100% 2.75 77-79
3.0 75-76
5.0 74 below (Failed)

Reference: (Copyrighted within the last 10 years) please see attached sheet

CLASSROOM POLICIES:

1) Observance of Health Protocols

a. Everybody who is entering the campus and classroom premises is required to wear a face mask – NO FACE MASK, NO ENTRY POLICY
b. Observe at all times, in all places and in all transactions, social / physical distancing of at least 1 meter apart as advocated by the Department of Health.
c. Crowd gathering of more than five (5) persons is restricted.

2) Uniform and Dress code

a. Students should be in proper uniform, wear should ID and appropriate shoes expect during laboratory class.
b. On Wednesday, hip-hop dresses and get-ups are not allowed, e.g. shorts, slippers, spaghetti strap, earrings for males, etc.
c. PE uniforms should be worn only during PE class.

3) Taking Examination

a. Cheating and copying are strictly prohibited. When caught during quizzes and long/units exams, deduction of points will be imposed by the teacher and during midterm
or final exam. Means a grade of 5.0 in the subject.
ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018
 b. Borrowing of calculators and other exam paraphernalia is not allowed during exam.
c. During prelim, midterm, and final exam, only test papers answer sheets, permits, calculators, pens, pencils and erasers are allowed on the desk; other things should be
deposited on a place designated by the teacher.
d. Other policies will be imposed as deemed necessary and as agreed upon between the students and the subject professor.

4) Other Policies

a. Cellphone should be shut-off or in silent mode during class hours.

b. Chairs should be arranged before leaving the classroom.
c. Vandalism is strictly prohibited and punishable.
d. No Smoking within the school premises.
e. Students under the influence of liquor are not allowed inside the school compound.
f. Any form of deadly weapons should not be brought to school except cleaning/cutting tolls during cleanup days and laboratory classes.
g. Unnecessary noise to the point of creating disturbances is prohibited.
h. Proper grooming should be observed at all times, e.g. short and undyed hair for males.
i. Other policies will be strictly imposed as contained in the student manual.

Prepared by: Checked by: Approved by:

AGNES M. RAMOS, Ph.D. JEANETTE I. GONZALES, Ph.D. JOSE P. GALLENA, JR., DPA
Faculty/Subject Teacher Department Chair College Dean

ISUE-____-Syl-____
Revision : 1
Effectivity: August 1, 2018