PHINMA Cagayan de Oro College

College of Management and Accountancy

Accountancy Department

COURSE OUTLINE

Course Code: ACC 109

Descriptive Title: Intermediate Accounting 4
Credit Unit: 3 lecture units
Time Allocation: 3 hours per week
Pre-Requisite: ACC 103
Course Description: This is the last of the four-part study in financial accounting which focuses on the
preparation of financial statements and the concepts and application of the PFRS
for SMEs.
Course Objectives: Upon completion of this course, the learners are expected to:
1. Be able to prepare a complete set of financial statements.

Week In/Out Days Topics

1 In 1, 2 Orientation
SHAREHOLDERS’ EQUITY (PART I)
SHAREHOLDERS’ EQUITY (PART II)
2 Out 3, 4 P1-Graded Quiz 1
3 In 5, 6 SHARE-BASED PAYMENT
BOOK VALUE PER SHARE
4 Out 7, 8 P1-Graded Quiz 2
5 In 9 FIRST PERIODICAL EXAMINATION
EARNINGS PER SHARE
6 Out 10, 11 STATEMENT OF FINANCIAL POSITION
7 In 12 P2-Graded Quiz 1
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE
8 Out 13 INCOME
9 In 14 & 15 REVENUE FROM CONTRACTS WITH CUSTOMERS
10 Out 16 P2-Graded Quiz 2
11 In 17 SECOND PERIODICAL EXAMINATION
NONCURRENT ASSETS HELD FOR SALE AND DISCONTINUED
12 Out 18, 19 OPERATIONS
13 In 20 P3-Graded Quiz 1
STATEMENT OF CHANGES IN EQUITY
14 Out 21-24, 25 STATEMENT OF CASH FLOWS
P3-GRADED QUIZ 2
15 In 26 THIRD PERIODICAL EXAMINATION
16 Allowance for students’ compliance in case of lockdowns and community
17 quarantines.
* Prepare to adjust the plotting schedule of the SAS due to non-working holidays like the Holy Weeks and Araw
ng Kagitingan.

Course Requirement:
Portfolio/Compilation of Student Activity Sheets
Grading System:
FG = (0.20×P1) + (0.20×P2) + (0.20×P3) + (0.40×FE)
PG = Quizzes-40% + Periodic Exams*-40% + Other Components **- 20%

* Periodic exams are comprehensive exams covering topics during the period.
** May be in the form of recitation, essay tests, assignments, projects, etc.
% Equivalent = (Raw Score/Highest Possible Score) x 100

Textbook:
Millan, Z. B. (2020). Intermediate Accounting 3. Baguio City: Bandolin Enterprises.

Prepared by:

A.J. C. GUINSOD, CPA, MBA

Assistant Professor, Accountancy Department (PHINMA COC)
acguinsod@coc.phinma.edu.ph

Reviewed by:

JUCARLO L. GERMINAL, CPA, MBA

Program Head, Accountancy Department (PHINMA COC)
jlgerminal@coc.phinma.edu.ph

Approved by:

CLYDE F. GAMOLO, CPA, DBM

Dean, College of Management and Accountancy (PHINMA COC)
cfgamolo@coc.phinma.edu.ph