CENTRO ESCOLAR UNIVERSITY

Manila * Malolos * Makati

SYLLABUS ON CREDIT AND COLLECTION

Course Number : PRBA154 Course Descriptive Title : Credit And Collection
No of Units : 3 No of Hours per Week : 3
Pre-requisites :

CEU VISION – MISSION STATEMENT CENTRO ESCOLAR EXPECTED

UNIVERSITY PHILOSPHY
Ciencia y Virtud ( Science and Virtue)
UNIVERSITY VISION
To be the University of First choice
UNIVERSITY MISSION
To promote a brighter future for our
students, for the Philippines and for the world.
CEU CORE VALUES
V - Valuing others, caring for them and empowering
them
A - Accountability, integrity and trust worthiness
L - Lifelong learning as individuals and as an
organization
U - Unity, teamwork and loyalty
E - Excellence in all endeavors
S - Social responsibility as citizens of the Filipino
nation and
of the world
SCHOOL OF ACCOUNTANCY AND MANAGEMENT
GRADUATE ATTRIBUTES (CEEGA)
LIFELONG LEARNER
•Learns and works independently as well as collaboratively.
MISSION STATEMENT:
•Translates knowledge generated from research and other sources to
improve quality of life.
The School of Accountancy and Management is
•Creates new ideas to better understand society
dedicated to a tradition of commitment towards
•Evaluates own thinking, behavior and spirituality for self-growth
the formation of competent, socially –responsible,
REFLECTIVE AND CREATIVE THINKER
spiritually- integrated, and globally competitive
•Thinks critically and creatively.
accountants and business professionals
•Open-minded.
•Solves problems systematically.
•Loves art and shows artistic sensibility.
CARING AND TRUSTWORTHY CITIZEN
VISION:
•Values people and acts in unity with others.
•Commits to social justice and principles of sustainability and respect for Total Quality Education for Global Accountants and
diversity. Business Professionals
•Practices good stewardship and accountability.
•Manifests social responsibility by helping improve conditions of those
who have less in life or circumstance.
PROFICIENT COMMUNICATOR
•Articulates ideas clearly for varied purposes and audiences of diverse
culture.
•Listens attentively, engages in meaningful exchange and shares
knowledge, values, attitudes and intentions.
•Utilizes effectively appropriate media and information technologies.
COMPETENT AND PRODUCTIVE PROFESSIONAL
•Initiates, innovates better ways of doing things and accountability.
•Promotes quality and productivity.
 BSBA PROGRAM EXPECTED LEARNING OUTCOMES:

The graduates of Bachelor of Science in Business Administration should be able to:

1. apply the concepts and principles and skills learned in business and management in their future employment or entrepreneurial
endeavours.
2. prepare standard, accurate and timely management plans and reports, such as financial statements, business plans, case studies,
etc. for all forms of business organizations and conduct complete and relevant business researches.
3. Solve management problem using mathematical and statistical techniques, and technological techniques and models, and contribute
to the formulation of intelligent decisions and strategies.
4. Exhibit desirable values in all dealings in the family, community, workplace and society as a whole, and practice the business
management profession in accordance with the existing laws, and legal, ethical, and moral principles, and perform excellently in the
global community through an in-depth knowledge of culture and language and
5. Participate in lifelong learning to keep the profession abreast with the current national and international developments, issues and
trends in business and management.

Course Description: This course presents a thorough analysis of the importance of credit in our country’s economy. It involves a basic understanding of the credit and collection
procedures that are being practiced by different financial institutions.

COURSE OBJECTIVES:

COGNITIVE: Understand more deeply the role of credit management in the business firm.
Evaluate the importance of credit and collection in managing a business in a small or large business.
AFFECTIVE: Acknowledge the undertakings of the different credit firms specifically in their collection procedures.
Initiate the need to adopt a system of accounting control in managing business.
PSYCHOMOTOR : Prepare a system for aging accounts receivables
Intended Learning Outcomes Content Teaching Learning Time Resources Assessment
Activities Allotment

1. Discuss the objectives of I. Background of Finance Discussion Laptop Pencil-Paper tests:

finance. Recitation 2 hours USB Quizzes
2. Explain the definition of finance 1. Definition of Finance Baggage Claim LCD (essay, multiple
and appreciate its roles in 2. Functions of Finance choice)
business 3. Goals and Objectives of Graded Recitation
Finance through
4. Importance of Finance in the individual or group
Business Industry discussion
Research
Assignment
Recitation

1. Discuss the history of credit. II. Emergence and Challenges of Discussion 6 hours Laptop Pencil-Paper tests:
2. Explain the emergence of credit the Credit Economy Recitation USB Quizzes
economy in the country. LCD (essay, multiple
3. Examine the effects of credit to 1. The Need for Money choice)
the individual. 2. The Birth of Credit Graded Recitation
4. Predict the challenges of the 3. Usage of Credit through
credit economy. 4. Advantages and Disadvantages individual or
of Credit group
5. Cost of Using Credit discussion
6. Cost of Credit to the Research Output
Individual
7. How Credit Affects Price
8. Importance of Credit upon the
Creditor and Debtor

1. Describe the different III. Classes, Kinds and Sources Discussion Laptop Pencil-Paper tests:
classifications and categories of of Credit Recitation USB Quizzes
credit. LCD (essay, multiple
2. Explain the importance of 1. Classes of Credit choice)
government borrowings. 2. Kinds of Credit Long Exam
3. Describe the usage of credit in
the economy.
4. Discuss the classes,
kinds and sources of
credit.
3. Sources of Credit 6 hours
4. Advantages and Disadvantages
of each kinds of Credit
5. Funding Government
Expenditures
6. Public Borrowings in
Developing Countries
7. Philippine Government’s
Authority to Borrow

Pencil-Paper tests:
1. Discuss the different credit IV. Credit and Banking Discussion Laptop Quizzes (essay)
information and policies. Recitation USB Graded Recitation
2. Describe the credit instruments 1. Credit Instruments and Focus Group 3 hours LCD through
used in the business industry. Collateral Discussion individual or
3. Explain credit instruments used 2. Signing up a Credit Risk group
in the business industry. 3. Credit Limit discussion
4. Credit Information Evaluation of
5. Credit Policies company
6. Credit Procedures visit

1. Discuss the public documents V. Major Documents Used in Discussion Laptop Pencil-Paper tests:
used in credit transactions. Credit Transactions Interactive Seatworks USB Quizzes
2. Evaluate the major LCD (essay, multiple
documents used in 1. Classes and Kinds of Credit 3 hours choice)
credit transactions. Instruments Graded Recitation/
2. Origin and Development of Assignments
Credit Instruments Evaluation of
company
Visit
1. Analyze the investigation VI. Credit Management Discussion Laptop Pencil-Paper tests:
procedures of credit Interview with the USB Quizzes (essay)
management. 1. Importance of Credit Credit Card LCD Graded
2. Evaluate the criteria for the Management Companies 4 hours Bank Simulation Recitation/
approval of credit and its policy. 2. Credit Investigation and Focus Group Assignments
Appraisal Discussion
3. Scope of Credit Investigation
4. Bank Appraisal Report
5. Credit Policy
6. Credit Analysis

1. Analyze the collection process VII. Collection Policies and Seatworks Laptop Pencil-Paper tests:
practiced by different credit Procedures Discussion USB Quizzes
companies as well as lending Recitation 2 hours LCD (essay, multiple
institutions 1. Collection Policies Exposure on Industry Bank Simulation choice)
2. Discuss collection policies and 2. Collection Procedures Collection Graded Recitation/
procedures 3. Collection Function Assignments
4. Collection System Long Exam

1. Explain the importance of using VIII. Management of Credit and Seatwork 4 hours Laptop Case Analysis
credit cards. Collection Discussion USB Pencil-Paper tests:
2. Develop awareness Recitation LCD Quizzes (essay)
of credit management in the 1. Credit Card System Research Bank Simulation Graded Recitation/
near future. 2. Future of Credit Management Assignments
Evaluation of
company
visit
Research Output
 4 hours
1. Illustrate the relationship of IX. Interest Rate Deregulation Discussion Laptop Pencil-Paper tests:
interest rates fluctuation with Recitation USB Quizzes (essay)
credit. 1. Interest Rates Policy Research LCD Graded Recitation/
2. Discuss interest 2. Interest Rates Issues Focus Group Bank Simulation Assignments
rate deregulation. 3. Interest Rates Variability Discussion Evaluation of
company
visit
Research Output

1. Interpret the risks involved in X. Offsetting Risks and Discussion 4 hours Laptop Pencil-Paper tests:
using credit. Reducing Losses Research USB Quizzes (essay)
2. Analyze the reasons for the Focus Group LCD Graded Recitation/
suspension of credit payments 1. Credit Insurance Discussion Assignments
that might lead to bankruptcy of 2. Export Credit Insurance Long Exam
lending institutions. 3. Suspension of Payments Research Output
4. Bankruptcy

Course Requirements: Analysis of the credit and collection policies of a Financial institution.

Grading Scheme: 2/3 Class Participation and 1/3 Periodic Exam

References:
 Bragg, Steven M. (2017) Credit & Collection Guidebook: Third Edition. Accounting tools, Inc, Centennial,Colorado. 2017.
 A Guide to Trade Credit Insurance By The International Credit Insurance & Surety Association.
 Callaghan, J. et. al. (2015) Third International Conference on Credit Analysis and Risk Management edited . Cambridge publishing.
 Mooney, C (2015). Understanding Credit. Learner Publication Minneapolis.
 Julien Coallier (2018). Business Credit Application: Collection and Credit, Legal Forms Book. CreateSpace Independent Publishing Platform.
 Deville, J. (2015) Lived Economies of Default: Consumer Credit, Debt Collection and the Capture of affect. Routledge publishing. New York, NY.

Prepared by: Reviewed by: Approved by: Date:

April 23, 2019

DR. ROSEMARIE I. SO DR. ROSEMARIE I. SO, MBA, Ph. DBM DR. ROSEMARIE I. SO, MBA, Ph. DBM
Head, Management Program Head, Management Program Dean, School of Accountancy and Management
Dean, School of Accountancy and Management