Republic of the Philippines

SORSOGON STATE COLLEGE

Bulan Campus
Business Management Education Department
Zone 8, Bulan, Sorsogon, 4706

Bachelor of Science in Accounting Information System

VISION

An institution with culture of excellence in developing globally competitive and values-oriented leaders and professionals.

MISSION

The Sorsogon State College is committed to provide industry-relevant programs that are anchored on a culture of research
and entrepreneurship for the development of Sorsogon and beyond.

Quality Policy Statement

The Sorsogon State College commits quality education anchored on its mission and vision for the development and growth of the
community. SSC shall transform knowledge through research and instruction while adhering to statutes and the continual
improvement of its system.

GOAL OF BACHELOR OF SCIENCE IN ACCOUNTING INFORMATION SYSTEM

The BSAct program should provide a foundation of knowledge, skills, and values, ethics and attitudes that enable student to
continue to learn and adapt to change throughout their lives. These capabilities will enable accountants to identify problems, know
where to find this knowledge and know how to apply it in an ethical manner to achieve appropriate solutions. The balance of these
elements may vary but what is required is to develop the knowledge base and strong skills in order to produce competent accountants
with appropriate values, ethics and attitudes.

PROGRAM DESCRIPTION

The ladderized degree program described herein shall be called Bachelor of Science in Accounting Information System
(BSAIS). After completion of the second year. Certificate of Accounting Technology may be given by the Higher Education
Institution equivalent to National Competency II (NC II) of the Technical Educational Skills and Development Authority (TESDA).

PROGRAM EDUCATIONAL OBJECTIVES

The objectives of the BSAIS program are to:

1. Equip students with specific skills for entry into the BPO industry and accounting profession; and
2. Prepare the students for eventual entry into the regular degree program of the Bachelor of Science in Accountancy (BSA).
3. Integrate Gender and Development basic concepts such as gender mainstreaming, rights-based approach and women’s
empowerment in the awareness of the future accountants.

PROGRAM OUTCOMES IN RELATION TO PROGRAM EDUCATIONAL OBJECTIVES

Program
Program Outcomes
Educational
At the end of the program, the graduates should have the ability to:
Objectives
1 2 3
A Articulate and discuss the latest developments in the specific field of practice. X X X
B Effectively communicate orally and in writing using both English and Filipino. X X
C Work effectively and independently in multi-disciplinary and multi-cultural teams. X X X
D Act in recognition of professional, social, and ethical responsibility. X X X
E Preserve and promote “Filipino historical and cultural heritage” (based on RA 7722). X X X
F describe the basic functions of management such as planning, organizing, staffing, directing,
leading and controlling X X

G Identify the basic concepts that underlie each of the functional areas of business (marketing,
accounting, finance, human resources management, production and operations management,
X X
information technology, and strategic management) and apply these concepts to business
situations

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 H Apply the proper decision tools to critically, analytically and creatively solve problems and drive
results. X X

I Communicate effectively with stakeholders both orally and in writing X X X

J Effectively and efficiently use information and communication technology (ICT) X X
K Work well with others X X X
L Manage people and offices X X X
M Lead groups and initiate activities X X X
N Demonstrate corporate citizenship and social responsibility, and exercise high personal moral and
X X
ethical standards
O Resolve business issues and problems, with a global and strategic perspective using their
knowledge and technical proficiency in the areas of financial accounting and reporting, cost
X X
accounting and management, management accounting and control, taxation and accounting
information systems
P Employ technology as a business tool in capturing financial and non-financial information,
X X
generating reports and making decisions
Q Apply knowledge and skills that will enable them to successfully respond to various types of
X X
assessments
R Confidently maintain a commitment to good corporate citizenship, social responsibility and
X X
ethical practice in performing functions as an accountant
S Participate in the generation of new knowledge or in research and development projects X X

COURSE SYLLABUS

1. Course Code: AE Cost 1

2. Course Title: Cost Accounting and Control
3. Prerequisite:
4. Credit: 3 units
5. Class Schedule: 54 hours lecture and class activities
6. Term: 1st Semester/AY 2020-2021
7. Consultation time: 9:00 A.M to 11:30 A.M (online messaging)
8. Course Description:
This course is designed to orient the students to the cost accounting & control concepts. Topics discussed are overview of
cost accounting; manufacturing cost accounting cycle; costing methods; job and process cost systems; accounting, planning
and control for materials, labor and overhead; accounting for joint and by-products; service allocation and standard costing
among others.

9. Course Objectives in Relation to Program Outcomes

Course Objectives Program Outcomes
At the end of the course, the
a b c d e f g H i j k l m n o p q r s
students shall be able:
1.     Have a clear
understanding of the concept
of cost and cost accounting I E E I I E E D D D E D D D I E E I I
cycle;

2.     Have acquired a thorough

knowledge about determining
product cost using job order
costing, process costing,
Activity Based Costing; E E E I E D E D D D E D D D E E E I E
Backflush Accounting, Joint-
cost and by product costing
and standard costing;

3. Have equipped themselves

with a clear understanding
and knowledge about
standard costing, determining
and analyzing variances and E E E E E E E I I D E I I D E E E E E
disposing or accounting of
variances in materials, labor
and overhead;

Legend: I-Introductory E-Enabling D-Demonstrated

10. Course Coverage

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 WEEK CO TOPICS Teaching Learning Activities Assessment
Orientation to SSC VMCV, house rules,
syllabus, learning outcomes and walk through
of the topics of the course. Also, Philippine
1   Discussion and Open forum.  
economic growth and ASEAN integration
programs, work values and gender sensitivity
as per CMO No. 1 S 2015
Lecture and discussion, Working
Introduction to Cost Accounting, Costs Rubrics for
2 1,2,3 Through samples, Case Analysis,
Concepts and Classifications Evaluation
Quizzes, Brain Storming
3,4,5
Lecture and discussion, Working
Cost Accounting Cycle, Cost-Volume-Profit Rubrics for
1,2,3 Through samples, Case Analysis,
Analysis Evaluation
Quizzes, Brain Storming
6,7,8 Job Order Costing, Just in Time and Rubrics for
1,2,3 Lecture and discussion
Backflush Accounting Evaluation
9 Accounting for Materials, Labor, and Factory Rubrics for
2 Board work and discussion
Overhead Evaluation
10,11,12
Lecture and discussion, Working
Rubrics for
2 Process Costing Through samples, Case Analysis,
Evaluation
Quizzes, Brain Storming
13,14 Rubrics for
2 Average and FIFO Costing Lecture and discussion
Evaluation
15,16,17
Lecture and discussion, Working
Rubrics for
1,2,3 Joint Products and By-products Through samples, Case Analysis,
Evaluation
Quizzes, Brain Storming
18 Rubrics for
3 Standard Costing Lecture and discussion
Evaluation

11. Course Outcomes in Relation to Course Objectives:

Course Outcomes Course Objectives

By the end of the semester, the student completing this course should be able to prepare the
complete set of financial statements by using and applying the appropriate standards as mandated by
the law. The students shall be able to apply also the concept of financial reporting into actual practice. 1 2 3
Explicitly, the students shall be able:
1. Be familiar with the cost concepts and classifications x x x
2. Be familiar with the costing methods and its applications x x x
3. Apply knowledge acquired in variance analysis in planning and decision making x x x

12. Performance Indicators

PROGRAM OUTCOMES PERFORMANCE INDICATOR

Record financial transactions in compliance with generally
accepted accounting standards for sole proprietorships,
partnerships, corporations, government and not for-profit
organizations.

Prepare general-purpose financial reports in accordance

1. Demonstrate working knowledge in the areas of
financial accounting and reporting, cost accounting
and management, management accounting, auditing,
taxation, accounting information systems and
accounting research.
with generally accepted accounting standards.
Prepare individual and corporate income tax returns and
basic tax planning in compliance with relevant legislations
and regulations.

Perform independent audit of financial statements and

prepare audit reports and other reports to management.

Perform cost-benefit analysis for management decisions.

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 Design and implement a management control and
performance system.

Communicate effectively the results of financial analysis.

Recognizing and refraining from either actively or

2. Appraise ethical problems / issues in practical
business and accounting situations and recommend
appropriate course of action that adheres to the
professional code of ethics.
passively subverting the attainment of the organization's
legitimate and ethical objectives.
Recognizing and communicating professional limitations
or other constraints that would preclude responsible
judgment or successful performance of an activity

Customizing an accounting software to a particular

3. Employ technology as a business tool in capturing business entity
financial and non-financial information, preparing
reports and making decisions. Developing a financial model using MS Excel in preparing
an investment analysis.

13. Course Requirement/s:

1. Outline of the topics
2. Compilation of the problems with Correct answer.

14. Course Evaluation:

The Grading measure that will be utilized in calculating the performance of each student would be as follows:

SHORT EXAMINATIONS / QUIZZES 30%

MIDTERM / FINAL EXAMINATIONS 50%
CLASS RECITATION / Other Requirements 20%
TOTAL 100%
Course grades will be likewise interpreted based on a traditional 99-100% = 1.0, 98%=1.1, 97% = 1.2, 96%=1.3; 95%=1.4; 93-
94%=1.5; 92%=1.6; 91%=1.7; 90%=1.8; 89%=1.9; 87-88%=2.0; 86%=2.1; 85%=2.2; 84%=2.3; 83%=2.4; 81-82%=2.5; 80%=2.6;
79%=2.7; 78%=2.8; 76-77%=2.9; 75% =3.0; 73-74%=3.1-4.9; 72% and below = 5.0.

15. References:
 De Leon, Norma D. et al (2019). Cost Accounting and Control, 2019 ed. GIC Enterprises & Co., Inc.
 Cabrera, Ma. Elenita B. (2018). Cost Accounting and Control, 2018-2019 edition. GIC Enterprises & Co., Inc.
 Guerrero, Pedro P. (2018). Cost Accounting: Principles and Procedural Application. GIC Enterprises & Co., Inc.
 Frias, Solita A. (2019). Basics of Cost Accounting and Control, 2019 ed. Unlimited Books Library Services &
Publishing
 Blocher, Edward J. et. Al(2020). Cost Accounting and Control(Custom).McGraw Hill
 CMO No. 1, series of 2015 “Establishing the Policies and Guidelines on Gender and Development in the
Commission on Higher Education and Higher Education Institutions (HEIs)”

Prepared by:

MICHELLE M. BONGALONTA, CPA, CTT, MBA, MICB,

MRITax
Assistant Professor I

Recommending Approval:

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 DIANA V. SALES, DBA MA.ELENA C. DEMDAM, RGC
BME Program Chair Campus Administrator

Approved:

RITZELDA A. DERI, Ph.D

Vice President for Academic Affairs

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