Polytechnic University of the Philippines
Freeport Area of Bataan Branch
Mariveles, Bataan
ACC 20093– Intermediate Accounting II
COURSE BASIC INFORMATION
Subject Code ACC0 20093 Subj Title Intermediate Accounting II Class Type Blended Format
Course/Class Code II BSA -1 Course Credit 3 units Instructor Jayson C. Elcano, CPA
Academic Year 2020-2021 Semester Second Email Address jayson.elcano79@[Link]
Prerequisites ACCO 20053 Class Schedule TBA Approval
COURSE DESCRIPTION
This course is the second course of a three-part sequence of Intermediate Accounting required for students in the Bachelor of Science in Accountancy program. Intermediate Accounting is a course of study in
financial accounting that deals with the principles and procedures in the preparation and presentation of financial statements in accordance with the financial reporting framework. The course covers
understanding and application of accounting principles and standards relating to nature and composition of accounts, initial recognition, measurement and valuation, subsequent events and transactions,
subsequent measurement and the required disclosures of:
1 - Intangible Assets 2 - Investment Property 3 - Investment in Equity Securities 4 - Non-Current Assets Held for Sale
5 - Financial Liabilities 6 - Investment in Debt Securities
COURSE DELIVERY MODE
Blended Model
This course is being offered in a blended format. Part of it will be delivered through an online module, and the other part will be conducted in a virtual classroom. As such, self-directed learning and
or home assignments will form bulk of the student's learning experience. This blended learning model however, will provide students with more flexibility to complete the coursework at times that best
suit their schedule and learning preference. With this learning approach, the conduct and delivery of the course is defined as follows:
The weekly schedule of activities will be based on the following structure:
Module release: Monday via Google Classroom
Threaded discussion: Wednesday (responses due by 11:59 PM, GMT+8) via Google Classroom
Practice quiz/Assignment submission: Thursday (complete answers due by 11:59 PM, GMT+8) Html link to quizzes posted via Google Classroom
Virtual classroom: Friday (12:00 NN - 3:00 PM, GMT+8) via Google Meet
Quizzes Quizzes will be given at the end of each topic. Please refer to the course plan below.
Course Delivery Breakdown
Learning Module
Learning modules will guide the students in navigating the lessons. It shall be accessed via Google classroom and shall be available at the start of the week. Every module in itself is designed to be a
self-contained study material. This course is structured in 6 lessons presented each in a separate module. Each module will be based on the Learning Objectives for the course and the major sections
based from our required reading resource.
Polytechnic University of the Philippines
Freeport Area of Bataan Branch
Mariveles, Bataan
ACC 20093– Intermediate Accounting II
Course Delivery Breakdown
Other online learning resources may include the following:
Pre-Recorded Videos - Pre-recorded lectures that cover the topic for the week will be posted from time to time. Each video will be about 15-30 minutes (may be shorter or longer
as the case may be). You will get to watch (and re-watch) these videos at your own time. There may also be videos posted from a variety of sources about the topic in discussion.
Powerpoint slides - Summary of the lesson will be posted at regular intervals as Powerpoint presentations for ease of reference.
Threaded discussions
Online class participation is an essential part of this course. Students are required to respond to a series of online questions that will be posted each week. Questions for discussion shall be
posted both on Google Classroom and via a dedicated Facebook messenger group chat account. Responses to my original questions should be posted in Google classroom no later than
Wednesday midnight GMT+8 Comments to atleast 2 other students' responses should be posted no later than Thursday midnight GMT+8. Students will be graded according to content, context
and articulation of responses.
On-line Quizzes / Assignments
There will be a timed on-line practice quiz each week that will serve as assignment. After completing each learning module and required readings, students will have to answer a 10 question
multiple choice type practice quiz. Link to the quiz will be posted via Google classroom. Deadline for the submission of answers are strictly implemented. The link to the quizzes therefore
terminates after the prescribed time schedule.
Summative quizzes shall be conducted in the same manner. Links to summative quizzes shall only be posted during virtual classroom hours and will not be accessible after this.
Summative quiizes will be given at the end of each topic.
Virtual classroom
Virtual classroom lecture and discussion meet-up is conducted only once a week for three (3) hours per meeting via a platform of choice. Assignments shall be discussed during the virtual
meet-up. Summative quizzes will be given out during virtual class. Each student is expected to come prepared at each virtual class having completed the tasks assigned to each module,
downloaded the materials, participated in the discussion thread and the weekly assignment submitted.
EVALUATION SYSTEM
Distribution of course marks is
as follows:
ONLINE MODE OF LEARNING FINAL RATING:
Midterm Grade + Final Grade
Class Standing 70% 2
Quizzes 50%
Assignments and other activities 20%
Departmental examination 30%
Total 100%
Polytechnic University of the Philippines
Freeport Area of Bataan Branch
Mariveles, Bataan
ACC 20093– Intermediate Accounting II
COURSE PLAN
Week Topic Activities Week Topic Activities
Orientation on course syllabus; Presentation and discussion of
grading system; class the course syllabus and related Presentation of the module via
1
management policies; required topics of concern via Google Google Classroom
textbook. meet
On-line lecture and discussion
Presentation of the module via via Google Meet
5-6 Non-current assets held for sale
Google Classroom
Problem solving
Intangible Assets
Students to read the financial
On-line lecture and discussion statement disclosures regarding
via Google Meet Investment in Equity Securities
1-3 of a PSE listed company.
Presentation of the module via
Problem solving
Google Classroom
Students to read the financial
statement disclosures regarding On-line lecture and discussion
Intangible assets of a PSE listed via Google Meet
company.
7-9 Investment in Equity Securities
Presentation of the module via
Problem solving
Google Classroom
Students to read the financial
On-line lecture and discussion statement disclosures regarding
via Google Meet Investment in Equity Securities
of a PSE listed company.
Problem solving
4-5 Investment property
Students to read the financial MIDTERM DEPARTMENTAL EXAMINATION
statement disclosures regarding
Investment Property of a PSE
listed company.
Polytechnic University of the Philippines
Freeport Area of Bataan Branch
Mariveles, Bataan
ACC 20093– Intermediate Accounting II
Presentation of the module via Presentation of the module via
Google Classroom Google Classroom
On-line lecture and discussion On-line lecture and discussion
via Google Meet via Google Meet
10-12 Investment in Debt Securities 13-16 Financial Liabilities
Problem solving Problem solving
Students to read the financial Students to read the financial
statement disclosures regarding statement disclosures regarding
Investment in Debt Securities of Financial Liabilities of a PSE
a PSE listed company. listed company.
FINAL DEPARTMENTAL EXAMINATION
RESOURCES
Required Reading:
Robles, N. & Empleo, P. (2019) The Intermediate Accounting Series, Volume 2, Millenium Books, Inc.
Robles, N. & Empleo, P. (2019) The Intermediate Accounting Series, Volume 1, Millenium Books, Inc.
Further reading:
IAS 1: Presentation of Financial Statements, [Link]
IAS 36: Impairment of Assets, [Link]
IAS 38: Intangible Assets, [Link]
IAS 40: Investment Property, [Link]
IFRS 5 : Non-current Assets Held for Sale and Discontinued Operations, [Link]
IFRS 9: Financial Instruments, [Link]
