Lyceum of the Philippines University
Cavite Campus
College of Business Administration
Effective First Semester, AY 2023-2024
S Y L LAB U S
Course Title: Accounting for Government and Not-profit Organizations
Course Code: ACCN15B
Number of units: Three (3) units
Lecture Hours/Week Three (3) hours per week
Laboratory Hours/week None
Pre-requisite subjects: ACCN11B
Educational Philosophy
Lyceum of the Philippines University (LPU), an institution of higher learning, inspired by the ideals of Philippine
President Jose P. Laurel is committed to the advancement of his philosophy and values: Veritas et Fortitudo (Truth and
fortitude) and Pro Deo et Patria (for God and Country)
Vision
An internationally accredited university dedicated to innovation and excellence in the service of God and Country.
Mission
Lyceum of the Philippines University, espousing the ideals of Jose P. Laurel is committed to the following mission:
1. Advance and preserve knowledge by undertaking research and disseminating and utilizing results – RESEARCH
2. Provide equitable access to learning through relevant, innovative, industry-based and environment-conscious
programs and services in the context of nationalism and internationalism – INSTRUCTION and QUALITY
3. Provide necessary knowledge and skills to meet entrepreneurial development and the managerial requirements of
the industry – INSTRUCTION
4. Establish local and international linkages that will be the source of learning and growth of the members of the
academic community – INSTRUCTIONAL AND DEVELOPMENT
5. Support a sustainable community extension program and be a catalyst for social transformation and custodian of
Filipino culture and heritage – COMMUNITY EXTENSION
6. Build a community of God-centered, nationalistic, environment conscious and globally competitive professionals
with wholesome values and attitude – PROFESSIONALISM AND VALUES
Core Values
L – Love of God J - Justice
P – Professional Integrity N – Nationalism P - Perseverance
U – Unity L - Leadership
Learning Goals
At the end of the course, the students are expected to:
Competencies Learning Goals
1. Communication Show the ability to express their own thoughts, ideas and opinions in both oral
and written form.
2. Information Retrieval & Evaluation Possess the ability to process, record, summarize information and produce reports
through the use of computers.
3. Proactive and Spiritual Values Develop love for God and Country as embodied in the LPU educational
philosophy, mission and vision.
4. Teamwork and Leadership Develop leadership ability and community spirit by engaging in activities that
requires teamwork.
5. Creative and Analytical Thinking Demonstrate the ability to link data from different sources, evaluate these data
and generate new ideas
6. Computer Literacy Be conversant with IT concepts for business and acquire sound knowledge in the
area of computerized data processing.
7. Entrepreneurial Acquire knowledge in business concepts, operations and other entrepreneurial
skills.
College Vision
To be recognized as the center of excellence in Accountancy, Business Administration, Custom Administration and
Real Estate Management that developed responsible business leaders and nurtures entrepreneurial attitudes, skills and
competencies.
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College Mission
Commitment towards the formation of competent, socially oriented, spiritually integrated and globally competitive
business professionals through
1. Continuous discovery of new knowledge by undertaking relevant researches
2. Innovative teaching strategies
3. Involvement in community outreach and services
4. Development of positive attitudes and ethical values.
College Objectives
Today’s business leaders seek employees who have both the knowledge and experience necessary to make
immediate and significant contribution the workplace. The academic programs of the College of Business Administration is
designed to meet this demand by
1. Inculcating in the students the social, moral, spiritual and ethical values,
2. Providing the necessary knowledge and skills to meet entrepreneurial requirements
3. Developing the students to become globally competitive graduates who possess the necessary skills in
communication and leadership and information technology
4. Training the students to become creative and analytical thinkers
Program Objectives:
To produce competent professional accountants capable of making positive contributions to the profession.
1. To develop and maintain an attitude of learning to learn to adapt to change.
2. To develop professional accountants with appropriate values, ethics and attitudes
4. Prepare students for the CPA licensure examinations and for a successful long-term professional
accounting career.
Program Outcomes
1. Resolve business issues and problems, with a global and strategic perspective using knowledge and technical
proficiency in the areas of financial accounting and reporting, cost accounting and management, accounting and
control, taxation and accounting information systems.
2. Conduct management accounting research through independent studies of relevant literature and appropriate use of
accounting theory and methodologies
3. Employ technology as a business tool in capturing financial and non-financial information, generating reports and
making decisions.
4. Apply knowledge and skills that will successfully respond to various types of assessments (including professional
licensure and certifications)
5. Confidently maintain a commitment to good corporate citizenship and ethical practice in performing functions as an
accountant.
Additional outcomes based on the university’s vision and mission.
6. Conduct feasibility study of a start-up business entity.
7. Develop creative and analytical thinking skills
Course Description:
This course involves the study of specialized accounting problems involving government agencies and government owned
and controlled corporation, universities, NGOs and hospitals. A large part of the course covers the Government Accounting
Manual for New Government Accounting System (GAM for NGAS) prescribed by the Commission on Audit.
Course Learning Objectives:
1. Affective
a. Develop the students' creativity and analytical skills in solving practical accounting problems.
b. Inculcate in the minds of the students the positive values of perseverance and optimism despite of the
difficulty they will encounter in solving practical accounting problems.
2. Cognitive
a. Demonstrate mastery of the accounting principles and procedures for government transactions.
b. Demonstrate comprehension of accounting principles and procedures applicable to specialized accounting
problems.
3. Psychomotor
a. Apply accounting principles and procedures in solving problems in solving government accounting problems.
b. Showed understanding of the accounting principles and procedures by solving problems government agencies
NGOs, and other instrumentalities.
COURSE OUTLINE
Strategy/ Evaluation of
Week Hours Lesson/Topic Learning Objectives Methodology/ Learning/Evaluati
Activities on Tool
1 1.5 Introduction to the Course Relate the VMO of LPU- Activity: Intro- Student to have a
Introduction of oneself CBA to the course. ducing oneself. grasp of what they
Overview of the course Preparation of will learn from
ACCL15B Page 2 of 6
the course.
Class List and
Inform the students on the
Seat Plan
rules and regulations, expec- Students will be
Discussion of require- Get class agree-
tations and course require- able to have an
ments and class policies ment to classroom
ments. expectation of
Expectations setting ground rules
what they would
learn from in the
whole semester.
Students answer
Internalize the mission and
questions
vision of the university.
correctly as to the
Introduce a team
Campus’s
Review of University For the students to be famil- rewards program
mission, vision &
and College VMO as ap- iar with the principles and to promote and
core values.
1 1.5 plied to the course basic applications of re- develop teamwork
Research principles search. Lecture and group
Students partici-
Community Service discussions
pate/ volunteer in
To introduce to the students
the community
the concepts of community
service of the
service
campus.
Recall stock knowledge in
The students
Overview of Government accounting principles and
should be able to
Accounting procedures in accounting for Lecture
illustrate their
Responsibility, Accountability partnership form of
understanding
and Liability of Government business.
well about the
Funds and Property Group Discussion
2&3 government
Accounting Responsibility Learn the GAM for NGAS.
6 accounting by
The GAM for NGAS
having a grade of
Basic Accounting and Budget Differentiate government Seat work
at least 87% on
Reporting Principles accounting from accounting
their seat work.
for business entities
Student must be
The Budget Process Understand how the budget able to respond to
Lecture
4 3 The National Budget process occurs and its effect teacher’s
Recitation
The Budget Cycle on accounting. questions
concisely.
The Government Accounting
Process
The books of accounts and
Registries The students
Budget Registries Learn how to record the should be able to
Keeping of the General government transactions. Lecture illustrate their
Accounts Preparation of a worksheet understanding
Basic Recordings Demonstrate understanding well about the
5 3
- Appropriation of the government Chart of Recitation government
- Allotment accounts, accounting proce- accounting by
- Incurrence of dures and accounting sys- Quiz having a grade of
Obligation tems at least 87% on
The revised chart of their quiz.
accounts
The Government
Accounting Cycle
6 1.5 PRELIM EXAM
13.5 TOTAL PRELIM HOURS
To discuss the steps, legal
Determine the sources of Students must list
framework, and
government revenue. and identify the
6 1.5 requirements in the bidding Lecture and cases
process of bidding
process to government
with government.
function
REVENUE AND OTHER Determine the sources of Student must be
BENEFITS government revenue. able to report and
Lecture
Fundamentals Principles discuss important
6&7 3
for Revenue State the recognition and topics that must
Group Reporting
Sources of Revenue measurement of government be given
Other Receipts revenue. importance.
7&8 34.5 DISBURSEMENTS State the main concept in Lecture Students must be
Fundamental Principles for the disbursement of able to respond
Disbursement of Public government funds. Recitation concisely to the
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Funds
Authority to Disburse/ Pay questions raised
Basic Requirements & against them by
Certifications for their instructors/
Disbursements professors.
Account for different modes
Modes of Disbursement Quiz Bee
of disbursements.
Accounting for Obtain a grade of
Disallowances at least 87% per
Accounting for group.
Overpayments
FINANCIAL ASSETS Define financial assets and Student must be
Lecture
Cash and Cash Equivalents give examples. able to obtain a
Recitation
9 3 Receivables grade of at least
Board Work:
Investments Government accounting for 87% on their
Problem Solving
Derivatives financial assets. board works.
INVENTORIES Define inventories and give Student must be
Lecture
Measurement examples. able to obtain a
Recitation
10 1.5 Cost Formulas grade of at least
Board Work:
Receipt and Disposition of Government accounting for 87% on their
Problem Solving
Inventories inventories. board works.
10 1.5 MIDTERM EXAM
13.5 TOTAL MIDTERM HOURS
AGRICULTURE Student must be
Government accounting for Lecture
Recognition able to obtain a
agricultural activity, its Recitation
11 3 Measurement grade of at least
recognition and Board Work:
Determination of the FV 87% on their
measurement and the Problem Solving
Disclosures board works.
necessary disclosures.
INVESTMENT PROPERTY
Initial Measurement
Subsequent Measurement Student must be
Government accounting on Lecture
Transfers to or from Investment able to obtain a
its investment property, its Recitation
12 3 Property grade of at least
recognition and Board Work:
Derecognition 87% on their
measurement and the Problem Solving
Impairment board works.
necessary disclosures.
Cash Generating Unit
Reversal of Impairment
Property, Plant and Equipment
Student must be
& Intangible Asset Government accounting on Lecture
able to obtain a
Recognition its property, plant and Recitation
13 3 grade of at least
Initial Measurement equipment its recognition Board Work:
87% on their
Subsequent Measurement and measurement and the Problem Solving
board works.
Impairment necessary disclosures.
Property, Plant and Equipment
& Intangible Asset (cont._
Heritage Assets
Government accounting on Student must be
Infrastructure Assets Lecture
its property, plant and able to obtain a
Reforestation Projects Recitation
14&15 4.5 equipment its recognition grade of at least
Derecognition Board Work:
and measurement and the 87% on their
Idle, Fully Depreciated, Problem Solving
necessary disclosures. board works.
Unserviceable and Lost PPE
Receipt and Disposition of PPE
Borrowing Costs
Liabilities Student must be
Government accounting on Lecture
Recognition able to obtain a
its liabilities, its recognition Recitation
15 1.5 Initial Measurement grade of at least
and measurement and the Board Work:
Subsequent Measurement 87% on their
necessary disclosures. Problem Solving
Impairment board works.
Government accounting on Student must be
Leases Lecture
its lease transactions, its able to obtain a
Finance Lease Recitation
16 1.5 recognition and grade of at least
Lease of Land and Building Board Work:
measurement and the 87% on their
Operating Lease Problem Solving
necessary disclosures. board works.
16 1.5 Financial Statements Government accounting on Lecture Student must be
General Principles its Financial statements, its Recitation able to obtain a
Consolidated FS recognition and Board Work: grade of at least
Interim FS measurement and the Problem Solving 87% on their
Other Reports necessary disclosures. board works.
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Deadlines on Submission of
Reports
Miscellaneous Topics
Service Concession Lecture
Determine other topics Obtain a grade of
Arrangements by Grantor
17 3 relevant to financial at least 87% per
Interests on Joint Venture Group Activity:
reporting. group.
The effects of Changes in Quiz Bee
Foreign Exchange Rates
Not-for-Profit Organizations
Current trend practices
Characteristics Prepare financial reports for Students must be
PFRS Principles applicable to not-for-profits organization. able to
Lecture
NPO demonstrate their
18 4 Accounting for NPO Demonstrate understanding knowledge of the
Quiz
Financial Statements of the principles of non- topics by
Accounting procedures peculiar governmental universities obtaining grades
to specific types of NPO and health centers of at least 87%.
Accounting for other assets held
by NPOs
18 2 FINAL EXAM
27 TOTAL FINAL TERM HOURS
54 TOTAL SEMESTER HOURS
INSTRUCTIONAL MATERIALS:
1. Power Point
2. Film and videos
References:
TITLE AUTHOR C. DATE PUB.
Government Accounting and Accounting for Zeus Vernon B. Millan 2018 Bandolin Enterprises
Non-for-Profit Organization
Multimedia References:
[Link]
[Link]
Course Requirements:
1. Creative Academic Performance
1.1 Attendance
1.2 Recitation
1.3 Quizzes
1.4 Seat works, Assignment, Class participation
1.5 Project/Research
2. Major Examinations
2.1 Preliminary Examinations
2.2 Midterm Examinations
2.3 Final Examinations
Computation of Grades:
G1 = 40% PE + 60% CAP1
G2 = 40% ME + 60% CAP2
G3 = 40% FE + 60% CAP3
FG = G1 + G2 + G3
3
Where: G1 = Prelim Period Grade
G2 = Midterm Period Grade
G3 = Final Period Grade
CAP1 = Prelim Period Creative Academic Performance
CAP2 = Midterm Period Creative Academic Performance
CAP3 = Final Period Creative Academic Performance
PE = Prelim Examination
ME = Midterm Exam
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FE = Final Exam
FG = Final Grade
Prepared by/Date Validated by / Date Endorsed by: Date Approved by / Date
Dana Mariz Tumaque
Faculty Member
Reynaldo San Mateo
Industry Advisory Dean
Board
Chairperson
ACCL15B Page 6 of 6
