Professional Documents
Culture Documents
ACCOUNTANCY DEPARTMENT
COURSE SPECIFICATIONS
UNIVERSITY MISSION
Batangas State University is committed to the holistic development of productive citizens by providing a
conducive learning environment for the generation, dissemination and utilization of knowledge through
innovative education, multidisciplinary research collaborations, and community partnerships that would
nurture the spirit of nationhood and help fuel national economy for sustainable development.
UNIVERSITY CORE VALUES
Faith
Patriotism
Human Dignity
Integrity
Mutual Respect
Excellence
COLLEGE GOALS
The College of Accountancy, Business, Economics and International Hospitality Management aims to
provide quality education to prepare student for a wide range of careers in accountancy, business, hotel
and restaurant management, tourism management, customs and public administration, aspire for
continuing education, enhance competencies and hone their leadership skills to enable them to
participate actively in the global market through high quality instruction, research, extension and
production which serve as fertile ground for the internalization of values that uplift self, society and the
environment.
AUDIENCE
The course is intended for Second Year Accountancy students.
PROGRAM EDUCATIONAL OBJECTIVES
1. Have acquired and developed professional competence required in local and offshore training
and development as staff or supervisor in accounting, consulting, tax and other related works
both in local and international industry
2. Have engaged in the practice of accountancy profession in any of the four sectors: education,
public practice, government, commerce and industry
3. Conducted himself in a respectable manner that upholds the honor, dignity and integrity of
accountancy profession by adhering to the code of professional ethics
4. Have actively involved / active involvement in community service towards the improvement and
development of society.
SUBJECT OUTCOME
The outcomes of this subject are students who have working knowledge about law and its role and
implications to business. The students, who would be future managers and leaders, would be equipped
with the basic concepts of the Law on Business Organization, particularly on Partnership and Private
Corporations, which are important in their day‐to‐day decision making. At the end of the course, the
students would have the ability to analyze and explain legal problems relating these subject areas and
decide with reasons by proposing solutions which are based on facts and laws.
LEARNING OUTCOMES
At the end of the course, the students are expected to:
1. Know and describe the fundamental laws of obligations and contracts.
2. Explain the importance of learning the laws of obligations and contracts in dealing with day‐to‐
day activities especially in business activities.
3. Conceptualize the law in actual situations.
COURSE CONTENT
THE LAW ON PARTNERSHIP
Contract of Partnership
Rights and Obligations of Partnership
Rights and Obligations of Partners Among Themselves
Rights and Obligations of Partnership / Partners to Third Persons
Dissolution and Winding Up
Limited Partnership
THE LAW ON PRIVATE CORPORATIONS
Definition
Attributes of a Corporation
Classes of Corporation
Nationality of Corporations
Corporate Juridical Personality
Incorporation and Organization
Corporate Powers
The Board of Directors and Trustees
Stockholders and Members
Capital Structure
Dissolution
Mergers and Consolidation
TEACHING‐LEARNING STRATEGIES AND ASSESSMENT METHODS
1. Lecture. Instructor will discuss and emphasize the fundamental concepts of the law. He will
clarify the different legal provisions in order for the students to have a deeper understanding
and interpretation of business law.
2. Recitation / Discussion. The instructor will employ the Semi‐Socratic method of teaching. In
this method, the instructor will ask the students a series of questions until the student comes to
the desired knowledge or result instead of directly giving the information to the students. After
the question and answer part, the instructor would give further explanation should he sees it
necessary. Through this method, the students would have a thorough and in‐depth
understanding of the different legal concepts.
COURSE POLICIES
Grading System
Four Major
Exams 80%
Class
Participation 20%
100%
Class Standing shall comprise the following;
Recitation 15%
Attendance 5%
20%
Passing grade shall be 75%. The numerical equivalent of the final grade will be determined from the
following rating scale:
ACADEMIC INTEGRITY
Students are expected to conduct themselves properly in class and must always refrain from any form of
dishonesty on matters concerning his/her academic performance. Any form of academic dishonesty
which constitutes an offense under the Norms and Conduct of Students shall be dealt with according to
the university rules and regulations.
ATTENDANCE
The University policy on attendance will be observed. Students are highly encouraged to attend every
meeting considering that the subject will be conducted only weekly and that the students are not yet
familiar with the subject.
CLASS PARTICIPATION
Every student is expected to come to class prepared. Students are highly encouraged to actively
participate in every discussion. Students are required to participate in recitations. Advanced reading is
highly recommended.
EXAMINATIONS
There would be four major examinations (prelim, mid‐term, semi‐final and final examinations) which
would be given on the date specifically designated. The scope of the examination will include but will
not be limited to the topics discussed for a specific term. Make‐up examination will only be given to a
student who, with justifiable reason(s), failed to take the exam on the specified date. Said examination
would be given only after the student has presented valid document(s) to support his/her reason for not
taking the exam.
REFERENCES
Students may use the following as reference material during the duration of the course:
1. De Leon, Hector, The Law on Partnership and Private Corporation, Rex Publishing, Inc. 2013.
Prepared and Submitted by:
ATTY. GERARD M. CASTILLO
Instructor
Reviewed by:
MS. MA. CONCEPCION P. MANALO DR. BENDALYN M. LANDICHO
Department Chair, Accountancy Associate Dean, CABEIHM
Approved by:
DR. ELISA S. DIAZ
Dean, CABEIHM