OUR LADY OF FATIMA ACADEMY OF DAVAO, INC.

Fatima Street, Brgy. 24-C, Davao City

S.Y. 2021-2022

ARTICULATED SCOPE AND SEQUENCE

GRADE 12 – Fundamentals of Accountancy, Business, and Management 2

TOPICS CONTENT STANDARD PERFORMANCE STANDARD LEARNING COMPETENCIES

FIRST QUARTER

Statement of Financial Position The learners demonstrate an The learners shall be able to… The learners…
(SFP) understanding of… solve exercises and problems that
account titles under the assets, require preparation of an SFP for a 1. identify the elements of the
liabilities, and capital accounts of single proprietorship with proper SFP and describe each of
the Statement of Financial Position, classification of accounts as current them
namely, cash, receivables, and noncurrent using the report 2. classify the elements of the
inventories, prepaid expenses, form and the account form SFP into current and
property, plant and equipment, noncurrent items
payables, accrued expenses, 3. prepare the SFP of a single
unearned income, long-term proprietorship
liabilities and capital that will equip 4. prepare an SFP using the
him / her in the preparation of the report form and the
SFP using the report form and account form with proper
account form classification of items as
current and noncurrent

Statement of Comprehensive the service income and operating solve exercises and problems that 1. identify the elements of the
Income (SCI expenses of a service business as require preparation of SCI for a SCI and describe each of
well as sales, contra sales, service business and a these items for a service
purchases, contra purchase merchandising business business and a
accounts, cost of goods sold and merchandising business
general administrative and selling 2. prepare an SCI for a
expenses of a merchandising service business using the
business that will equip him / her in single-step approach
the preparation of the SCI for both 3. prepare an SCI for a
service and merchandising merchandising business
businesses using the multistep
approach

1.

Statement of Changes in Equity (SCE)
Cash Flow Statement (CFS)
Analysis and Interpretation of
Financial Statements
Accounting Books – Journal and
Ledger
SECOND QUARTER
the forms of business organization, solve exercises and problems that The learners…
namely, single proprietorship, require preparation of an SCE for a 1. discuss the different forms of
partnership, and corporation, and the single proprietorship business organization
2. prepare an SCE for a single
structure of a SCE of a single proprietorship
proprietorship that will equip him /
her in the preparation of the said
financial report
the components and the structure of solve exercises and problems that 1. discuss the components and
a CFS that will equip him / her in the require preparation of a CFS structures of a CFS
preparation of the said financial 2. prepare a CFS
report
the methods or tools of analysis of solve exercises and problems that 1. define the measurement
financial statements to include require computation and levels, namely, liquidity,
horizontal analysis, vertical analysis, interpretation using horizontal solvency, stability, and
and financial ratios to test the level of analysis, vertical analysis, and various profitability
liquidity, solvency, profitability, and financial ratios 2. perform vertical and
stability of the business horizontal analyses of
Using the downloaded sample financial statements of a
financial statements, he / she single proprietorship
performs horizontal and vertical 3. compute and interpret
analysis, computes various financial financial ratios such as
ratios and interprets the level of current ratio, working capital,
liquidity, solvency, stability, and gross profit ratio, net profit
profitability of the business ratio, receivable turnover,
inventory turnover, debt-to-
equity ratio, and the like
THIRD QUARTER
The learners demonstrate an The learners shall be able to… The learners…
understanding of… prepare journal entries for basic 1. differentiate the journal from
debits and credits, journal entries to business transactions; solve exercises the general ledger
record basic business transaction and and problems that require using the 2. determine the normal
using t-accounts, and posting to t-account balance of an account

Basic Documents and Transactions
related to Bank Deposits
Bank Reconciliation Statement
Accounting Practice Set
general ledgers
the types of bank accounts, basic
transactions, and documents related
to bank deposits and withdrawals
a bank reconciliation statement, its
nature and structure, and reconciling
items and methods of preparation
FOURTH QUARTER
the preparation of an accounting
practice set for a merchandising
business
share samples of bank account forms
and documents in class and discuss
their uses and importance
solve exercises and problems
involving the following:
1. identification of the proper
treatment of reconciling
items in the bank
reconciliation statement
2. preparation of a bank
reconciliation statement
prepare basic business forms and
documents, such as official receipts,
vouchers, sales invoice, purchase
invoice, delivery receipts, purchase
order, and withdrawal and deposits
slips; and complete and submit the
accounting practice set for a
merchandising business
3. prepare journal entries to
record basic business
transaction
4. determine balances of
accounts using the t-account
1. identify the types of bank
accounts normally
maintained by a business
2. differentiate a savings
account from a current or
checking account
3. prepare bank deposit and
withdrawal slips
4. identify and prepare checks
5. identify and understand the
contents of a bank statement
1. identify the types of bank
accounts normally
maintained by a business
2. differentiate a savings
account from a current or
checking account
3. prepare bank deposit and
withdrawal slips
4. identify and prepare checks
5. identify and understand the
contents of a bank statement
The learners…
perform the steps in the accounting
cycle, from preparation of documents
to the preparation, analysis, and
interpretation of financial statements
 Income and Business Taxation the sound principles of taxation, its
purpose, and preparation of forms
and payment of taxes
Prepared: Noted:
Severo S. Brandino Maepril Louise M. Basarte
FABM 2 Teacher Senior High Coordinator
accomplish the BIR (Bureau of 1. define income and business
Internal Revenue) forms taxation and its principles
and processes
2. prepare the list of sources of
gross income from
compensation and gross
income from business, and
the corresponding personal
and additional deductions
3. explain the procedure in the
computation of gross taxable
income and tax due
4. prepare the BIR forms
5. explain the principles and
purposes of taxation
6. distinguish individual from
business taxation
7. compute the gross taxable
income and tax due
Approved:
S. MA. MARILOU B. MADRONERO, RVM
Directress/Principal