City of Malabon University Date Last Revised:

Feb 12, 2021

College of Business and Accountancy Revision Date:
May 18, 2021
BS Management Accounting Semester Adopted:
AY 2021-2022

Vision
The City of Malabon University College of
Business and Accountancy is committed to
produce Trustworthy and Competent
Professionals in the World of Business.
Mission
College of Business and Accountancy of the City
of Malabon University aims to provide life-long
learning with relevant experiences; rooted upon
Ethical and Standard in Business Industries.

College Goals

C.B.A.-C.M.U. generally anchored to the following objectives; to wit:

To keep the students updated with the latest information through in-house seminars and training.

To actualize the theoretical knowledge and application through on-the-job training, case analysis and
management research for economic decision making.

Program Outcomes

A graduate of BS in Management Accounting should 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, accounting and control, taxation, and accounting information systems;

2. Conduct accountancy research through independent studies of relevant literature and

appropriate use of accounting theories 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 to successfully respond to various types of; and Confidently maintain
a commitment to good corporate citizenship, social responsibility and ethical practice in
performing functions as an accountant.

Course Information
Course Name Course Code
INCOME TAXATION TAX01
Pre-Requisite Subject Course Credit
3 units
None
Course Requirements

Grading System
% Scale Rating Numerical Rating Remarks
98-100 1.00 Excellent
95-97 1.25 Excellent
92-94 1.50 Very Good
89-91 1.75 Very Good
86-88 2.00 Good
83-85 2.25 Good
80-82 2.50 Satisfactory
77-79 2.75 Satisfactory
75-76 3.00 Passed
Below 75 5.00 Failed
INC Incomplete
DO Dropped Officially
DU (5.00) Dropped Unofficially

Course Description
This course involves the study of the different financial techniques used in capital investment
analysis and evaluation for making long-term financial decisions. Different sources of long-term
funds, techniques in long-term financing, and different ways of computing for values of long-term
investments and returns will also be discussed. Key topics include the time value of money, capital
budgeting, the cost of capital, leverage and capital structure, dividend policy, and mergers, LBO’s,
divestitures, and business failures. Both qualitative and quantitative tools utilized in financial

management shall be discussed and assessed as tools in management decision making. This
course covers cost
management and strategy and
its implementation. This will
involve the
discussion of the uses of cost
management, contemporary
business environment, strategic
focus and
development of competitive
strategy, contemporary
management techniques and
professional
environment of cost management.
Emphasis shall be given an
implementation of strategy such
as the Balances Scorecard and
Value
Chain, strategy and the Master
Budget, Variable Costing,
Decision Making with Relevant
Costs and
Strategic Emphasis, Cost Planning
for the Product Life Cycle, Target
Costing, Theory of Constraints
and Strategic Planning,
Management Control of
Quality, Management Control
and Strategic
Performance Measurement,
Strategic Investment Units and
Transfer Pricing, and Capital
Budgeting.
The course culminates in the
discussion of Management
Compensation Business
Analysis and
Business
This course covers cost
management and strategy and
its implementation. This will
involve the
discussion of the uses of cost
management, contemporary
business environment, strategic
focus and
development of competitive
strategy, contemporary
management techniques and
professional
environment of cost management.
Emphasis shall be given an
implementation of strategy such
as the Balances Scorecard and
Value
Chain, strategy and the Master
Budget, Variable Costing,
Decision Making with Relevant
Costs and
Strategic Emphasis, Cost Planning
for the Product Life Cycle, Target
Costing, Theory of Constraints
and Strategic Planning,
Management Control of
Quality, Management Control
and Strategic
Performance Measurement,
Strategic Investment Units and
Transfer Pricing, and Capital
Budgeting.
The course culminates in the
discussion of Management
Compensation Business
Analysis and
Business
Course Outcomes
1. Identify and describe different financial techniques used in capital investment analysis.
2. Define the basic concept of risk and return.
3. Describe the key bond valuation models.
4. Calculate, interpret, and evaluate unsophisticated and sophisticated capital budgeting techniques.
5. Perform external assessment of stock valuation models.
6. Enumerate the types and major capital budgeting techniques.
7. List standard and restrictive bond provisions and costs.
8. Differentiate between bond and stock claims on income and assets, maturity, and tax treatment.
9. Compare stock and bond prices.

Time Learning Content Teaching Activity Assessment

Outcomes
Week 1 Setting Orientation to the Course Discussion Online discussion
expectation on
the course

Week 2-3 • Discuss the role • The Role of Time Value • Lecture • Recitation
of time value in in • Class Discussion • Case Analysis
finance, the use Finance • Problem Solving
of • Single Amounts • Quiz
computational • Annuities • Assignment
tools, and the • Mixed Streams
basic patterns of
cash • Suggested Readings:
flow. o Brigham & Houston,
• Describe the Chapter 5
procedures
involved in
determining
deposits needed
to accumulate a
future sum, loan
amortization, and
growth rates.
Week 4 • Discuss the • Compounding Interest • Lecture • Recitation
effect of More • Class Discussion • Case Analysis
compounding Frequently than Annually • Problem Solving
interest on future • Special Applications of • Quiz
value. Time Value • Assignment

• Suggested Readings:
o Brigham & Houston,
Chapter 6
Week 5 • Calculate, • Payback Period • Lecture • Recitation
interpret, and • Net Present Value • Class Discussion • Case Analysis
evaluate the • Internal Rate of Return • Problem Solving
different capital • Quiz
budgeting • Suggested Readings: • Assignment
techniques o Brigham & Houston,
available to the Chapter 11
financial
 manager.
Week 6 • Discuss the key • Cost of Long-Term Debt • Lecture • Recitation
assumptions, • Cost of Preferred Stock • Class Discussion • Case Analysis
basic concepts, • Cost of Common Stock • Problem Solving
and the • Weighted Average Cost • Quiz
specific sources of • Assignment
of capital. Capital
• Describe the
procedures used • Suggested Readings
to determine o Brigham & Houston
break Chapter 10
points and the
weighted
marginal cost of
capital.
• Discuss the
investment
opportunities
schedule.
Week 7 MIDTERMS
Week 8-9 • Discuss the • Leverage • Lecture • Recitation
concepts of • Capital Structure • Class Discussion • Case Analysis
leverage, capital • EBIT-EPS Approach to • Problem Solving
structure, Capital Structure • Quiz
break-even • Optimal Capital • Assignment
analysis. Structure
• Describe the
relationships • Suggested Readings:
among operating, o Brigham & Houston,
financial, Chapter 14
and total
leverage.
• Illustrate the
return and risk
elements of
alternative
capital structures.
Week 10 • Discuss cash • Dividend Fundamentals • Lecture • Recitation
dividend • Relevance of Dividend • Class Discussion • Case Analysis
payment Policy • Problem Solving
procedures, and • Factors Affecting • Quiz
the Dividend • Assignment
role of dividend Policy
reinvestment • Types of Dividend Policy
plans.
• Evaluate stock • Suggested Readings:
dividends from o Brigham & Houston,
the points of view Chapter 15
of
accounting,
shareholders, and
the company.
 Week 11-12 • Discuss merger • Merger Fundamentals • Lecture • Recitation
fundamentals. • LBO’s and Divestitures • Class Discussion • Case Analysis
• Describe the • Business Failure • Problem Solving
objectives and Fundamentals • Quiz
procedures used • Re-organization and • Assignment
in Liquidation in Bankruptcy
LBO’s.
• Understand the • Suggested Readings:
types and major o Brigham & Houston,
causes of Chapter 21
business
failures and the
use of voluntary
settlements to
sustain or
liquidate the
failed firm.
Week 13 Apply concepts • Group Reports • Class review of the • Oral report
and theories final exam • Written report
learned to the
written
and oral report.
Week 14 Finals

Suggested Textbooks/Reference Materials:

• Brigham, E. F. & Houston, J. F. (2017). Fundamentals of financial management. Cengage Learning

Prepared by:
Prof: Donna Zandueta-Tumala, CPA