COURSE CONTENT/COVERAGE = INTERMEDIATE ACCOUNTING

COVERAGE
CURRENT LIABILITIES
1. Financial and Non-financial liabilities
2. Recognition and measurement
3. Trade and Non-trade payables
4. Refinancing agreement

NOTES PAYABLE
1. Measurement
2. Loans payable

BONDS PAYABLE & OTHER CONCEPTS

1. Bonds payable
2. Compound financial instruments
3. Derecognition
4. Offsetting
PROVISIONS, CONTINGENT LIABILTIES, & CONTINGENT ASSETS
1. Provisions
2. Contingent liabilities
3. Contingent assets

EMPLOYEE BENEFITS (PART 1)

1. Employee benefits
2. Profit sharing and Bonus plans
3. Defined contribution plans
PRELIM EXAMINATION
EMPLOYEE BENEFITS (PART 2)
1. Defined Benefits Plans
2. Other long-term benefits
3. Termination benefits

LEASES (PART 1)
1. Identifying a lease
2. Accounting for leases by lessees

LEASES (PART 2)
1. Accounting for leases by lessors
2. Finance lease
3. Operating lease
4. Sale and leaseback transactions
INCOME TAXES
1. Permanent and Temporary Differences
2. The Asset-Liability Method
3. Measurement
4. Presentation
SHAREHOLDERS’ EQUITY (PART 1)
1. Accounting for share capital
2. Accounting for treasury shares and retirement of shares
3. Origination of other equity instruments
4. Accounting for donated capital
SHAREHOLDERS’ EQUITY (PART 2)
1. Retained earnings
2. Dividends
3. Other components of equity
4. Recapitalization
5. Quasi-reorganization
SHARE-BASED PAYMENTS (PART 1)
1. Share-based payment transactions
2. Recognition
3. Equity-settled share-based payment transactions
SHARE-BASED PAYMENTS (PART 2)
1. Cash-settled share-based payment transactions
2. Choice between equity and cash settlement

BOOK VALUE PER SHARE

1. Formulas and computations
EARNINGS PER SHARE
1. Basic EPS
2. Diluted EPS
FINAL GRADING EXAMINATION
 I. GRADING SYSTEM:

Midterm Grade Partial Final Grade

Enabling Outcome Activities Enabling Outcome Activities
(quizzes/assignments, oral recitations and (quizzes/assignments, oral recitations
other student engagements) and
-----------30% other student engagements)
Prelim and Midterm Exams -----------30%
--------------30% Pre final and Final Exams
Culminating Outcome (Partial) ----------- 30%
------------40% Culminating Outcome (Final)
Total ------------ 40%
---------100% Total
100%
A. Get 30% B. Get 70%
FINAL GRADE: 100%

TEXTBOOK
Millan, Intermediate Accounting 2 (2021), Philippines: Bandolin Enterprise

WEBSITE REFERENCES
http://www.iasplus.com/

Prepared by: MARILOU ORO-CARUMBA, CPA,MPA,MBA

Instructor