Republic of the Philippines

SORSOGON STATE COLLEGE

Sorsogon Campus
Sorsogon City

Bachelor of Science in Accountancy

VISION
An institution with a culture of excellence in developing globally competitive and values-oriented leaders
and professionals

MISSION
The Sorsogon State College is committed to provide industry-relevant programs that are anchored on a
culture of research and entrepreneurship for the development of Sorsogon and beyond

CORE VALUES
L – Leadership
E – Excellence
A – Accountability
D – Discipline
E – Environmental Leadership
R – Responsiveness to Change
S – Socially Responsible

PROGRAM GOAL
Produce competent and ethical professional accountants capable of making a positive contribution over
their lifetimes to the profession and society in which they work.

PROGRAM DESCRIPTION
This is the program that provides general accounting education to students wanting to pursue a
professional career in accountancy. Further, pursuant to the Accountancy Act of 2004, this is the program
that qualifies someone to take the CPA Licensure Examinations.

Within the broad field of accounting, there are other specialized programs but shall be offered in
the graduate level like Management Accounting, Internal Auditing and Forensic Accounting.

PROGRAM EDUCATIONAL OBJECTIVES

At the end of the program, a graduate is expected to:
1. develop and maintain an attitude of learning to learn thus maintaining their competence later as
professional accountants;
2. have the foundation of professional knowledge, professional skills, and professional values,
ethics and attitudes that will enable them to continue to learn and adapt to change throughout
their professional lives; and
3. be qualified to take and pass the CPA licensure examinations; and
4. obtain employment as an entry-level professional accountant

PROGRAM OUTCOMES IN RELATION TO PROGRAM EDUCATIONAL OBJECTIVES

Program Educational
Program Outcomes
Objectives
At the end of the program, the graduates should be able to:
1 2 3 4
(a) Demonstrate working knowledge in the areas of financial accounting and
reporting, cost accounting and management, management accounting, x x x x
auditing, accounting information systems and accountancy research;
(b) Conduct accountancy research through independent studies of relevant
x x x
literature and appropriate use of accounting theory and methodologies;
(c) Employ technology as a business tool in capturing financial and non-
x x x
financial information, preparing reports and making decisions;
(d) Apply acquired knowledge and skills to pass professional
x x x X
licensure/certification examinations and;
(e) Appraise ethical problems / issues in practical business and accounting
situations and recommend appropriate course of action that adheres to x x x X
the professional code of ethics

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 COURSE SYLLABUS
1. Course code: AE 22/AE-MAS1
2. Course title: Cost accounting and control
3. Pre-requisite: None
4. Credit: Three (3) units
5. Class schedule:
6. Term: First semester, A.Y 2019-2020
7. Consultation time:
8. Course description:
This course is designed to orient the students to the cost accounting and cost management
framework of business. Salient features of this course include the orientation of the cost accounting
practice, cost terminologies and behaviors, overhead allocations, absorption and variable costing, activity-
based costing, job-order versus process costing, as well as standard costing with variance analysis.
9. Course objectives in relation to program outcomes:
Course objectives Program outcomes
At the end of the course, the students should be able to: A B C D E
1. Understand how cost accounting relates to financial
D E D E E
accounting.
2. Apply the generally accepted accounting principles
(GAAP) to cost transactions for financial accounting D E D E E
purposes.
3. Understand how cost accounting relates to how
D E D E E
management plans and controls.
4. Apply cost accounting concepts when management
D E D E E
plans and controls.
Legend: D - Demonstrate; E - Enable
10. Course coverage
Week CO Topic Activities Assessment
Orientation to SSC VMCV, house rules,
syllabus, learning outcomes and walk
Reflection paper on
through of the topics of the course. Also,
Discussion/ Question and SSU’s VMCV and the
1 Philippine economic growth and ASEAN
answer Accountancy program’s
integration programs, work values and
goal and objectives
gender sensitivity as per CMO No. 1 S
2015
Rubric for class
1-2 1, 3 Introduction to managerial accounting Discussion, forced analogy
recitation and quiz
Rubric for class
2-4 1, 2 Basic managerial accounting concepts Discussion and board works
recitation and quiz
1, 2, Rubric for class
4-7 Cost behavior and forecasting Discussion and board works
3, 4 recitation and quiz
1, 2, Discussion, board works, Rubric for class
7-9 Job order costing
3, 4 bookmark generalization recitation and quiz
9 Midterm examination
1, 2, Rubric for class
10-12 Activity-based management and costing Discussion and board works
3, 4 recitation and quiz
1, 2, Rubric for class
12-14 Process costing Discussion and board works
3, 4 recitation and quiz
1, 2, Discussion, board works, Rubric for class
14-17 Standard costing and variance analysis
3, 4 bookmark generalization recitation and quiz
1, 2,
18 Case analysis Presentation of case output Rubric for case analysis
3, 4
18 Final examination
11. Course outcomes in relation to course objectives
Course Outcomes Course Objectives
A student completing this course should at the minimum be able to 1 2 3 4
(a) Determine the differences between product and period costs and
x x
prepare an income statement for a manufacturing entity.
(b) Separate mixed costs into its variable and fixed components and
x x x x
prepare an income statement using variable and absorption methods
(c) Prepare the job order cost sheet and allocate overhead over support
x x x x
departments
(d) Allocate cost based on various cost drivers. x x x x
(e) Allocate cost in a mass-production setting. x x x x
(f) Prepare a standard cost sheet and variance analysis x x x x
(g) Evaluate a simulated case and apply cost analysis x x

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 12. Performance indicators
Program outcomes Performance indicators
Demonstrate working knowledge in the areas of financial
Have at least an acceptable rating in board works
accounting and reporting, cost accounting and
and recitations, case analysis, and an average
A management, management accounting, auditing,
grade not lower than 85% in quizzes and
accounting information systems and accounting research
examinations.
and its related laws.
Conduct accountancy research through independent
B studies of relevant literature and appropriate use of Write and present a research paper.
accounting theory and methodologies
Employ technology as a business tool in capturing financial Make use of case databases and work processing
C and non-financial information, preparing reports and software when students prepare and evaluate
making decisions cases.
Apply acquired knowledge and skills to pass professional
D Pass the CPA board licensure examination
licensure/certification examinations
1. Adhere to the code of ethics for CPAs.
Appraise ethical problems / issues in practical business
2. Recognize and communicate professional
and accounting situations and recommend appropriate
E limitations or other constraints that would
course of action that adheres to the professional code of
preclude responsible judgment or successful
ethics
performance of an activity

13. Course requirements

13.1 Midterm and final examination
13.2 Quizzes
13.3 Recitation
13.4 Case analysis
13.5 Attendance
14. Course evaluation
Examination - 40%
Quizzes - 20%
Recitation - 20%
Case analysis - 15%
Attendance - 5%
Total 100%
Rubrics for assessment

Outputs will be rated using the following rubrics. Students are encouraged to utilize these rubrics
to check the quality of their required output prior to submission or serve as a guide in oral presentations.

Rubric for class recitation (Salkin, Mayer, & Pistone, 2011)

Criteria Exemplary 92-100% Acceptable 85-91% Novice 75-84%
Presentation is carefully
Presentation has a focus and
organized and provides No apparent organization;
Organization provides some
convincing No framework used to
(40%) arguments/solutions which
framework/argument/solutions support assertions
support assertions
to support assertions

Content is generally accurate but

Content is accurate and Inaccurate or overly
incomplete. Listeners may learn
Content complete. Listeners are likely general. Listeners unlikely
some isolated facts, but they are
(40%) to gain new insights about the to learn anything or may
unlikely to gain new insights
topic be misled.
about the topic.

Speaker is relaxed and Speaker is generally relaxed and

Speaker appears anxious
comfortable, speaks without comfortable, but too often relies
Delivery and uncomfortable; reads
undue reliance on notes, and on notes. Student does not make
(20%) notes, little or no eye
interacts effectively with much interaction with the
contact.
listeners. listeners.

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 Rubric for case analysis (Raiborn & Kinney, 2013; Mowen, Hansen, & Heitger, 2019)
Student presented a clear, specific understanding of the competency. Documentations
Exemplary were completed on time and solutions were extremely organized. The requirements of
92-100% the case were answered accurately. Have read related materials and used various
sources of information for the report.
Student presented a clear, specific understanding of the competency. Documentations
Acceptable
were completed on time and solutions were well-organized. The requirements of the case
85-91%
were answered accurately.
Student understood the core of the topic, but at minimum level of competency.
Novice
Documentations were completed on time, but solutions were poorly organized. The
75-84%
requirements of the case were answered well but some points were missing.

15. References:

Mowen, M. M., Hansen, D. R., & Heitger, D. L. (2019). Managerial Accounting: The Cornerstone of
Business Decision-Making (17th ed.). Taguig: Cengage Learning Asia Pte Ltd.
Raiborn, C. A., & Kinney, M. R. (2013). Cost Accounting (2nd ed.). Pasig City, Philippines: Hiyas Press
Inc.

Salkin, P., Mayer, C., & Pistone, M. (2011). Using Rubrics to Assess and Engage Students. Retrieved
from Institute for Law Teaching and Learning: lawteaching.org/wp-
content/uploads/2016/07/plenary2b-UsingRubricstoAssess.pdf

Prepared by:

ROMAN JULIO B. INFANTE

Instructor

Recommending approval:

ALFONSO L. GARCIA, JR. GERALDINE F. DE JESUS

Program Dean Campus Administrator

Approved:

RITZELDA A. DERI
Vice President for Academic Affairs

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