City of Malabon University Date Last Revised:

College Name Revision Date:

College of Business and Accountancy
Program Name Semester Adopted:
Bachelor of Science in Management Accounting 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 assessments; and
5. 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
Intermediate Accounting 2 CAE 318
Pre-Requisite Subject Course Credit
Intermediate Accounting 1 6 UNITS
Course Requirements
Pass all examinations and other course related 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 presents the basic accounting concepts, principles, standards and treatment to liabilities and
equity as well as related income and expenses in the preparation of general-purpose financial statements. It
covers current liabilities, bonds payable, notes payable, lease accounting, employee benefits, deferred tax
accounting, share capital, retained earnings, share based compensation, book value per share and earnings
per share.

Course Outcomes
1. Be able to state the recognition criteria and initial and subsequent measurements of the various current
and noncurrent liabilities and the presentation of equity.
2. Demonstrate knowledge and skills in accounting for current liabilities, noncurrent liabilities, and
shareholders’ equity through problem solving.
3. Pass all the examinations and other related requirements

Time Learning Outcomes Content Teaching Activity Assessment

 Class Orientation
 Course Overview and
concepts
 Mission and vision of
the University
 Grading systems
Learners are  Course requirements Synchronous:
expected to:  Online Lecture
 State the Discussion  Checking of
recognition CURRENT LIABILITIES through Google exercises
criteria for  Financial and Non- Meet, Zoom or  Evaluating
Week students’
 1 liabilities and Financial Liabilities Bigblue Button understanding based
their essential  Recognition and  Oral Recitation from solution
characteristics. Measurement  Virtual Seatwork presented/submitted
 Identify the  Trade and Non-trade  Online  Discussing the
proper solution and
characteristics Payables Discussion Forums
presentation of
of a financial  Refinancing  Assignments and answers.
liability. Agreement Assessment
 State the initial
and
subsequent Asynchronous:
measurements  Reading
of financial and materials, printed
non-financial modules
liabilities.
 Classify
liabilities as
current and
noncurrent

Learners are
expected to:
 State the initial Synchronous:
and NOTES PAYABLE  Online Lecture  Checking of
Discussion exercises
subsequent  Measurement
through Google  Evaluating
measurement  Recognition
Meet, Zoom or students’
of notes and  Disclosures understanding based
loans payable. Bigblue Button
from solution
 Apply present  Oral Recitation presented/submitted
value factors  Virtual Seatwork  Discussing the
Week 2 properly.  Online proper solution and
 Prepare Discussion Forums presentation of
amortization  Assignments and answers.
tables. Assessment
 Explain the
accounting for
origination Asynchronous:
fees on loans  Reading
payable. materials,
printed
modules
Learners are
expected to:
 State the initial
and BONDS PAYABLE &
subsequent OTHER CONCEPTS
measurement  Bonds payable
Week 3 of bonds  Compound financial
payable. instruments
 Account for
compound
financial
 instruments.
 Explain the
accounting for
derecognition Synchronous:
of liabilities.  Online Lecture
 State the Discussion
through Google  Checking of
requirements exercises
for the Meet, Zoom or
 Evaluating
offsetting of Bigblue Button
students’
financial assets  Oral Recitation understanding based
and financial  Virtual Seatwork from solution
liabilities.  Online presented/submitted
Discussion Forums  Discussing the
 Assignments and proper solution and
PROVISIONS, Assessment presentation of
CONTINGENT LIABILTIES, answers.
Learners are & CONTINGENT ASSETS
expected to:  Provisions Asynchronous:
 State the  Contingent liabilities  Reading materials,
recognition  Contingent assets printed modules
criteria for
provisions.
 Differentiate
the accounting
requirements
of a provision,
a contingent
liability and a
contingent
asset.
 Describe the
available
measurement
bases for a
provision.
 Account for
provisions.

Learners are EMPLOYEE BENEFITS

expected to be able (PART 1) Synchronous:
to:  Employee benefits  Online Lecture  Checking of
 Differentiate  Profit sharing and Discussion exercises
between the Bonus plans through Google  Evaluating
four Defined contribution Meet, Zoom or students’
classifications of plans understanding based
Bigblue Button
employee from solution
 Oral Recitation presented/submitted
benefits under
PAS 19.  Virtual Seatwork  Discussing the
 State the timing  Online proper solution and
of the Discussion Forums presentation of
recognition of  Assignments and answers.
employee Assessment
 benefits.
 Differentiate
between a Asynchronous:
defined  Reading materials,
contribution printed modules
plan and a
defined benefit
plan.
 Account for
defined
contribution
plans.
Week 4

Learners are
expected to be able
to:
 State the EMPLOYEE BENEFITS
accounting (PART 2)
procedures for  Defined Benefits Plans
defined benefit  Other long-term
plans. benefits
 State the  Termination benefits
components of
the defined
benefit cost.
 Describe the
accounting for
other long-term
employee
benefits and
termination
benefits.

Learners are LEASES (PART 1)

expected to be able  Identifying a lease
to:  Accounting for leases
 Identify a lease. by lessees
 Account for
leases by a
lessee using the Synchronous:
general  Online Lecture
recognition. Discussion
 Account for through Google  Checking of
leases by a exercises
Meet, Zoom or
lessee using the  Evaluating
Bigblue Button
recognition students’
 Oral Recitation understanding based
exemption.
 Virtual Seatwork from solution
Week 5
 Online presented/submitted
Learners are Discussion Forums  Discussing the
expected to be able  Assignments and proper solution and
to: LEASES (PART 2) Assessment presentation of
 Identify the  Accounting for leases answers.
lease by lessors
 classifications by  Finance lease
a lessor.  Operating lease Asynchronous:
 State the Sale and leaseback  Reading materials,
indicators of a transactions printed modules
finance lease.
 Account for a
finance lease by
a lessor.
 Account for an
operating lease
by a lessor.
 Account for a
sale and
leaseback
transaction by a
seller-lessee and
a buyer-lessor.

Learners are
expected to be able INCOME TAXES
to:  Permanent and
 Explain why the Temporary Differences
profit presented  The Asset-Liability
in the financial Method
statements may  Measurement
be different Presentation
from the taxable
profit.
 Determine the
tax base of
assets and
liabilities.
Week 6
 Compute for
income tax
expense and
current tax
expense. Synchronous:
 Compute for  Online Lecture
deferred tax Discussion
assets and through Google
deferred tax  Checking of
Meet, Zoom or
liabilities. exercises
Bigblue Button
 Evaluating
 Oral Recitation students’
 Virtual Seatwork understanding based
Learners are
 Online from solution
expected to:
Discussion Forums presented/submitted
 State the
 Assignments and  Discussing the
components of
SHAREHOLDERS’ EQUITY Assessment proper solution and
shareholders’ presentation of
(PART 1)
equity. answers.
 Accounting for share
 Account for
capital Asynchronous:
the initial
 Accounting for  Reading materials,
issuances of printed modules
treasury shares and
shares of
retirement of shares
stocks.
 Origination of other
 Account for
 the equity instruments
reacquisition Accounting for
and retirement donated capital
of shares of
stocks.
 Account for
stock rights,
convertible
preference
shares and
donated
capital.

Week 7 MIDTERM EXAMINATION

Learners are
expected to: SHAREHOLDERS’ EQUITY
 Account for (PART 2) Synchronous:
distributions to  Retained earnings  Online Lecture  Checking of
Discussion exercises
Week 8 owners.  Dividends
AND through Google  Evaluating
 Account for  Other components of
Week 9 students’
recapitalization equity Meet, Zoom or
understanding based
and quasi- Bigblue Button
from solution
reorganization.  Oral Recitation presented/submitted
 Virtual Seatwork  Discussing the
 Online proper solution and
Discussion Forums presentation of
 Assignments and answers.
Assessment

Asynchronous:
 Reading materials,
printed modules
Learners are
expected to:
 Define a share- SHARE-BASED Synchronous:
based payment PAYMENTS (PART 1)  Online Lecture  Checking of
Discussion exercises
transaction.  Share-based
through Google  Evaluating
 State the payment transactions
students’
accounting  Recognition Meet, Zoom or
understanding based
methods  Equity-settled share- Bigblue Button
Week from solution
10 and applicable to based payment  Oral Recitation presented/submitted
share-based transactions  Virtual Seatwork  Discussing the
payment  Online proper solution and
transactions Discussion Forums presentation of
with (a) non-  Assignments and answers.
employees and Assessment
(b) employees.
 Account for
share-based Asynchronous:
compensation  Reading materials,
 plans. printed modules

Week Learners are

11 expected to: SHARE-BASED
 Account for PAYMENTS (PART 2) Synchronous:
cash-settled  Cash-settled share-  Online Lecture  Checking of
Discussion exercises
share-based based payment
through Google  Evaluating
payment transactions
Meet, Zoom or students’
transactions Choice between understanding based
 Account share- equity and cash Bigblue Button
from solution
based settlement  Oral Recitation presented/submitted
transactions  Virtual Seatwork  Discussing the
with cash  Online proper solution and
alternatives. Discussion Forums presentation of
 Assignments and answers.
Assessment

Asynchronous:
 Reading materials,
printed modules
Learners are
expected to: BOOK VALUE PER SHARE
 Define book and EARNINGS PER Synchronous:
value per SHARE  Online Lecture  Checking of
Discussion exercises
Week share.  Define book value
13 through Google  Evaluating
 Compute for per share.
Meet, Zoom or students’
book value per  Compute for understanding based
share. book value per Bigblue Button
from solution
 Compute for share.  Oral Recitation presented/submitted
basic earnings  Compute for  Virtual Seatwork  Discussing the
per share. basic earnings per  Online proper solution and
 Compute for share. Discussion Forums presentation of
diluted  Compute for  Assignments and answers.
earnings per diluted earnings Assessment
share. per share.

Asynchronous:
 Reading materials,
printed modules
Week
FINAL EXAMINATION
14

Suggested Textbooks/Reference Materials:

- Millan, Intermediate Accounting 2 (2018), Philippines: Bandolin Enterprise

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