Eastern Samar State University

COLLEGE OF BUSINESS MANAGEMENT AND ACCOUNTANCY

Borongan City, Eastern Samar
COURSE SYLLABUS
Course Code: Accounting 514

Course Title: Accounting Review Part 1 (Taxation)

Program: Bachelor of Science in Accountancy

Pre-requisite: Completion of at least 80% of courses in the entire curriculum

University Vision:

University Mission:

A synergistic multi-campus university producing

value-laden graduates who are proactive in
promoting the economic prosperity, and global
competitiveness of the citizens of the country.

The University shall primarily provide advanced education, higher

professional and technological instruction and training in the fields of
Agriculture, Arts and Sciences, Business and Industry, Computer and
Information Technology, Education, Engineering, Environmental
Sciences, Forestry, Law and Criminal Justice, Medicine and Allied
Sciences and other related studies. It shall intensify its research,
extension and production functions and provide progressive
leadership in its areas of specialization.

College Goals:
The College of Business Management and
Accountancy shall aim to achieve the following:
1. To provide common foundation of
knowledge and understanding concerning

Semester:

School Year:

First

2016 2017

Department: Accountancy

No. of Units:

Total No. of Hours:

108 hours

University Core Values:

Excellence
Integrity
Accountability

Program Objectives:
1. To provide students adequate training to acquire:
a. The knowledge, proficiency, and intellectual abilities that can provide services of the minimum
scope and quality which the public needs and has a right to expect from an entry level professional
accountant; and

modern business through a core program

consisting of general education and
business courses;
2. To prepare business graduates for global
competitiveness.
3. To conduct researches in the field of
business and diffuse findings through
instruction and extension.
4. To inculcate to the students moral, ethical,
and spiritual values to make them functional
and law abiding members of the society.

b. The capacity to grow and develop into a fully qualified professional accountant able to function in a
global economy.
2. To strengthen the research and extension activities of the accountancy program.
3. To incorporate values formation in daily lesson activities.

Course Description:
The Philippine CPA board examination is designed to measure professional competence in auditing, business law, taxation, and accounting, hence, an Accounting
Review course which is a vital part of the curriculum is intended to prepare students for the board examination. Accounting Review 1 covers 4 topics tested on the
Certified Public Accountant Board Examination as published by the Philippine Institute of Certified Public Accountant in its Content Specification Outlines; these are
Practical Accounting 1, Taxation, Theory of Accounts and Auditing Theory.

Program Outcomes:

Course Learning Outcomes:

A graduate of the Bachelor of Science in Accountancy (BSAcc) must attain:

Upon completion of the course, the students are expected to:

1. Demonstrate familiarity with the requirements to sit for the CPA board
examination;
2. Be proficient in conducting research to formulate a response to a
business situation;
3. Demonstrate knowledge of the functional areas of accounting to be
qualified to sit for the CPA board examination;
4. Demonstrate effective written and oral communication skills;

1. A higher level of performance and generally to meet the public interest, the need
for CPAs to conform to the ethical standards of the profession becomes vital.
2. Knowledge related to accounting and related areas in private and government
setting and must include proficiency in the international accounting/ financial
reporting and auditing standards, cost management and the latest concepts in
management accounting recent taxes and business and commercial laws and

also includes knowledge of corporate finance and the Philippine capital markets,
professional ethics and environmental accounting and reporting.
3. An ability to carry out abstract logical thinking and learn the process of critical
thinking.

5. Demonstrate critical thinking and problem-solving skills.

COURSE LEARNING PLAN (TAXATION)

Topics
Orientation: New VMGO
and Subject

General
Principles of
Taxation
Powers and
Authority of the
Commissioner
of Internal
Revenue
Authority of the
Commissioner
to Compromise
Tax Payments,
Abate or Cancel
Tax Liability and
Refund or
Credit Taxes

Time
Allotment

LO1 LO2

LO3

LO4

LO5

1.5 hours

12 hours

Teaching and Learning

Activities

Outcome-Based
Assessments

Course
Syllabus/Student
Handbook

Discussion

Active Learning
Problem Solving Instruction
Reciprocal Peer Tutoring

Active Learning
Problem Solving Instruction
Practice and Drill

End Chapter Quiz

Oral Presentation
Peer Review
End Chapter Quiz
Documented Problem
Solutions
Assignments

12 hours

15 hours

References

1,2,3,4,5,6,13,14

1,2,3,4,13

Active Learning

End Chapter Quiz

1,2,3,4,5,6,8,9,10,13

Income Tax

Transfer Taxes

First Pre Board

Examination
Value Added
Tax

12 hours

15 hours

Percentage
Taxes

12 hours

Compliance
Requirements

9 hours

Tax Remedies

Community Tax

Local Taxation
Tariff and Customs
Code
Final Pre Board
Examination

References:

9 hours

1.5 hours

9 hours
108 hours

Problem Solving Instruction

Peer Coaching/Tutoring
Active Learning
Problem Solving Instruction
Guided & Hands on Practice

Peer Review
Open Book Exercises
End Chapter Quiz
Problem Sheet Open Book
Exercises

Active Learning
Problem Solving Instruction
Collaborative Teaching

End Chapter Quiz

Oral Questioning

Active Learning
Problem Solving Instruction
Practice and Drill
Active Learning
Problem Solving Instruction
Practice and Drill
Active Learning
Problem Solving Instruction
Cooperative Learning
Active Learning
Problem Solving Instruction
Practice and Drill
Active Learning
Problem Solving Instruction
Think/Pair/Share

End Chapter Quiz

Documented Problem
Solutions
Assignments
End Chapter Quiz
Peer Review
Open Book Exercises
End Chapter Quiz
Oral Recitation
Assignments
End Chapter Quiz
Documented Problem
Solutions
Assignments
End Chapter Quiz
Oral Presentation
Open Book Exercises

1,2,3,4,5,6,8,9,10,13

1,2,3,4,5,6,8,9,10,13

1,2,3,4,5,6,8,9,10,13

1,2,3,4,5,6,8,9,10,13,

1,2,3,4,5,6,8,9,10,13

1,2,3,4,5,6,8,9,10,13

15

1. Valencia, E.G., Roxas G. (2015). INCOME TAXATION (Principles and Laws with Accounting Applications) 2009-2010 5th Edition, Valencia Educational
Supply,
2. Reyes, V. D., (2014) INCOME TAX LAW & ACCOUNTING A New Approach. Rex Printing Company Inc.
3. Catindig, T. A.,(2015) THE NATIONAL INTERNAL REVENUE CODE OF 1997, With Comments & Editorial Notations. Rex Printing Company Inc.
4. www.bir.gov.ph
5. Duncano, D.A. (2013) Edition. Philippine Taxation Framework A Simplified Course. Goodwill Publishing.
6. Ampongan, O. (2013) CPA Board Examination Reviewer in BLT. Goodwill Publishing.
7. De Leon, H. (2013 edition). Income Taxation. Rex Printing Company Inc.
8. Bureau of Internal Revenue. Tax Guide, A Quick and Easy Primer on Paying Your Taxes.
9. Duncano, D. (2010). Philippine Taxation Handbook, A Simplified Course. Rex Printing Company Inc.
10. http://knowyourtaxes.ph/home
11. Reyes, V., (Volume 2), 2009The Business Taxes in the National Internal Revenue Code Simplified with the Community Tax, Estate Tax, Donor's Tax and Tax
Remedies. Philippine Taxes Simplified Series. Rex Printing Company Inc
12. Valencia, E. (2010). Transfer and Business Taxation: Principles and Laws with Accounting Applications, Valencia Educational Supply,
13. Ballada,, S. and Ballada, W., (2007). Transfer and Business Taxation Made Easy, Rex Printing Company Inc.
14. Suarez, J. 2013. Constitutional Law Reviewer. Rex Printing Company Inc.
15. University of Santo Tomas. UST Golden Notes (2011). Taxation Law Reviewer: Local Taxation and Tarif and Customs Code. Bar Ops Committee.

Class Policies:
1. Students are expected to arrive for class on time and to remain in
class until the end of the class session. The students will be
considered dropped from the class after missing 20% of the total
number of hours required for the subject. Students are expected to
attend classes on their respective uniforms.
2. Students are expected to take Major Examinations (Midterm/Finals) on the specified day. In general, no make-up test or retest will be given except when circumstances warrant but with valid
supporting documents shall be presented.
3. Assignment should be submitted on the set deadline. Late

Grading System:
Mid-term Period
Major Examination
Class Participation/Exercises
Quizzes
Attendance
Total

Final Period

40%
25%
30%
5%
100%

assignment will be deducted accordingly.

4. Students are expected to behave with academic honesty. These
students will have an automatic grade of 5.0 after three (3) offense
of academic dishonesty.
5. This course syllabus may be revised or updated as the semester
progresses to address pertinent events that may happen or
laws/regulations/policies be instituted by lawfully constituted bodies
which supervise or regulate the curricular program under which this
course is offered.
6. Other course policies will be based on students handbook.

Class Schedule:

Major Examination
Class Participation/Exercises
Quizzes
Attendance
Total

40%
25%
30%
5%
100%

Consultation Hours:

FRI 7:30-12:00 AM BL 203

Prepared By:

Checked By:

PETER DANIEL C. BUGTAS,CPA

Instructor

DYMPHNA ANN C.CALUMPIANO,CPA

Program Head, BS Accountancy
Program

Students enrolled in the subject can consult with the faculty during
his/her vacant time to discuss suggestions and/or problems related to the subject
at these days and times:
MW 7:30-10:30

Approved:
DR. ALIROSE A. LALOSA, MBA
College Dean

Date Prepared: May 31, 2016

Date Checked:

Date Approved: