This course is broadly divided into two parts. Part I deeply discusses the different accounting concepts. It highlights the fundamental requirements of the Framework and the Standards on financial statements preparation, presentation, and reporting.
Part 2 lengthily discusses the traditional methods of analyzing and interpreting the information contained in the financial statements. This will acquaint the learners on how to analyze the operating performance of the business relative to its liquidity, profitability, growth and leverage status.
This course is designed to make students understand the basic finance concepts. It involves studies on decision-making utilizing financial resources available to the firm from the perspective of the manager. It emphasizes the understanding of finance theory and working knowledge of the financial environment in which the firm operates in order to develop appropriate financial strategies. Hence, it covers the whole range of basic finance concepts, economics and financial environment, financial statement analysis, risk analysis, the valuation process, capital budgeting, and capital structure and dividend policy. It will also cover financial analytical tools, cash flow management techniques & working capital management.
This course equips the learners with a thorough understanding on the overview of Managerial accounting and cost concepts. Topics on Cost-Volume-Profit Analysis, Variable and Absorption Costing, Master Budgeting, Flexible Budgets, and Standard Costs and Variance Analysis are covered and discussed in detailed.
This course is a continuation of Intermediate Accounting I. It is designed to cover the discussion, appreciation and application of the Philippine Financial Reporting Standards (PFRS) on the liabilities, financial and non-financial, and shareholders’ equity including disclosure requirements. It also deals with contemporary issues such as leases, employee benefits, and income taxes. Financial liabilities shall include accounts and other trade payable, returnable deposits and current of maturities of long-term debt, bonds payable, long-term notes payable while non-financial liabilities shall include advances/deposits from customers, agency liabilities, VAT, SSS, Withholding tax, Income Tax, Property tax).
This course equips the learners with a thorough understanding on Performance Measurement in Decentralized organization, Differential Analysis: The key to decision making, Capital budgeting, Statement of Cash Flows and Financial Statement Analysis