Vision: “Truth and Goodness in Man and for Mission: Produce, through responsive curriculum, morally upright, committed

rough responsive curriculum, morally upright, committed and

all others through Education” competent graduates capable of meeting the growing human resources needs in the
profession, government, business, industry and home.
Tomas del Rosario College
City of Balanga
College Department

Course Code: Acctg 12

Course Title: Accounting for Governmental, Not for-profit Entities & Specialized Industries

I. Course Description: This course is the last part of the advanced financial accounting and reporting for government and not-for-profit organizations such as universities, NGOs and hospital
accounting and specialized industries like banking, insurance and extractive activities. A large part of the course covers the Philippine Government Accounting Standards (PGAS) and the
National Government Accounting Standards (NGAS) prescribed by the Commission on Audit.

II. Course Credits: 3 units

III. Course General Objectives: To be able to apply in practice the New Government Accounting System

Teacher- Learner Assessment Methods/

Time Frame Topics Intended Learning Outcomes
Activities Tasks

 6 hours  Nature and Scope of National Government  Understand the reasons why the new system was  Discussion  Quizzes
Accounting System developed and learn the definitions, objectives and  Group
offices charged with accounting responsibility in exercises
the government.  Research
 Accounting for Budgetary Accounts  Learn the new ways of recording appropriations,
allotments and obligations in different registries.
 7.5 hours  Learn the revised chart of accounts and coding  Preliminary
 The Revised Chart of Accounts structure. Examination

 3 hours
 1.5 hours
 6 hours  Accounting for Disbursements and Related  Learn accounting for disbursements and related  Discussion  Quizzes
Transactions transactions under the NGAS.  Group
 6 hours  Accounting for Income, Collections and  Learn accounting for revenues and other collections exercises
Related Transactions made by government agencies and how to record
these in the books.  Midterm
 4.5 hours  Miscellaneous Transactions  Learn accounting for miscellaneous transactions. Examination
 1.5 hours
 4.5 hours  Trial Balance, Financial Reports and  Understand the process of preparing financial  Discussion  Quizzes
Statements statements.  Group
 6 hours  Accounting for Local Government Units  Know the basic features and policies applicable to exercises
local government units.
 6 hours  The New Barangay Accounting System  Know the basic features and policies applicable to  Final
Vision: “Truth and Goodness in Man and for Mission: Produce, through responsive curriculum, morally upright, committed and
all others through Education” competent graduates capable of meeting the growing human resources needs in the
profession, government, business, industry and home.
Tomas del Rosario College
City of Balanga

barangays. Examination
 1.5 hours

Prepared by: Recommending approval: Approved by:

Christine Joyce R. Berganio Jefferson Triguero Marina B. Santos, Ed. D. Mercedes G. Sanchez, Ed. D.
Instructor Department Chair College Dean Vice President for Academics,
Student Affairs and Extension Services