K to 12 BASIC EDUCATION CURRICULUM

SENIOR HIGH SCHOOL ACCOUNTANCY, BUSINESS AND MANAGEMNET (ABM) SPECIALIZED SUBJECT

Grade: 11 Semester: 2nd Semester

Course Title: Fundamentals of Accountancy, Business and Management 1 No. of Hours / Semester: 80 hours/ semester

Course Description: This is an introductory course in accounting, business, and management data analysis that will develop students appreciation of accounting
as a language of business and an understanding of basic accounting concepts and principles that will help them analyze business transactions.

CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

1. Introduction to The learners demonstrate an The learners shall be able to... The learners ABM_FABM11-IIIa-1
Accounting understanding of 1. define accounting

the definition, nature, function, cite specific examples in which 2. describe the nature of AMB_FABM11-IIIa-2
and history of accounting accounting is used in making accounting
business decisions
3. explain the functions of ABM_FABM11-IIIa-3
accounting in business

4. narrate the history/origin of ABM_FABM11-IIIa-4

accounting

2. Branches of the varied branches and areas of 1. make a list of business within the
Accounting accounting, particularly
1. financial accounting
2. management accounting
3. government accounting
4. auditing
5. tax accounting
6. cost accounting
7. accounting education
8. accounting research
community on the types of
accounting services they require
2. solve exercise in the identification
of the branches of accounting
described through the types of
services rendered
1. differentiate the branches of ABM_FABM11-IIIa-5
accounting
2. explain the kind/type of ABM_FABM11-IIIa-6
services rendered in each of
these branches

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 CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

3. Users of Accounting the external and internal users of 1. solve exercises and problems on 3. identify the type of decisions ABM_FABM11-IIIa-9
Information financial information the identification of users of made by each group users
information, type of decisions to be
made, and type of information
needed by the users 4. describe the type of ABM_FABM11-IIIa-10
2. cite users of financial information information needed by each
and identify whether they are external group of users
or internal users
4. Forms of Business the various forms of business 1. differentiate the forms of business 1. differentiate the forms of ABM_FABM11-IIIb-11
Organizations organization, as follows: organization in terms of nature of business organization
1. sole / single proprietorship ownership
2. partnership 2. make a list of existing business 2. identify the advantages and ABM_FABM11-IIIb-12
3. corporation entities in their community and disadvantages of each form
4. cooperatives identify the form of business
organization
5. Types of Business the types of business according to 1. difference the types of business 1. compare and contrast the ABM_FABM11-IIIb-13
According to Activities activities, particularly: according to activities types of business according to
1. services business activities
2. merchandising business 2. make a list of business in their 2. identify the advantages, ABM_FABM11-IIIb-14
3. manufacturing business community according to their disadvantages, and business
activities requirements of each type
6. Accounting Concepts accounting concepts and identify generally accepted 1. explain the varied accounting ABM_FABM11-IIIb-c-
and Principles principles accounting principles concepts and principles 15
2. solve exercise on accounting ABM_FABM11-IIIb-c-
principles as applied in various 16
cases
7. The Accounting the accounting equation solve problems applying the 1. illustrate the accounting ABM_FABM11-IIIb-c-
Equation accounting equation equation 17
2. perform operations involving ABM_FABM11-IIIb-c-
cases with the use of 18
accounting equation

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 CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE
8. Types of Major the five major accounts, namely: define, identify, and classify accounts 1. discuss the five major ABM_FABM11-IIId-e-
Accounts 1. assets according to the five major types accounts 19
2. liabilities
3. capital 2. cite examples of each type of ABM_FABM11-IIId-e-
4. income account 20
5. expenses
3. prepare examples of each ABM_FABM11-IIId-e-
type of account 21

9. Books of Accounts
the two major types of books of differentiate a journal from a ledger 1. identify the uses of the two ABM_FABM11-IIIf-22
accounts, namely, journal and and identify the types of journals and books of accounts
ledger ledgers
2. illustrate the format of a ABM_FABM11-IIIf-23
general and special journals
3. illustrate the format of a ABM_FABM11-IIIf-24
general and subsidiary ledger

10. Business the business transactions and identify business and nonbusiness 1. describe the nature and gives ABM_FABM11-IIIg-j-
Transactions and their analysis, to include definition transactions, enumerate the types of examples of business 25
Their Analysis as and nature of business business documents, recite the rules transactions
applied to the transactions, types of source or of debit and credit, and these to
Accounting Cycle of a business documents, and the simple cases 2. identify the different types of ABM_FABM11-IIIg-j-
Service Business rules of debits and credits business documents 26
a. Rules of Debits and
Credits 3. analyze common business ABM_FABM11-IIIg-j-
b. Journalizing transactions using the rules of 27
c. Posting debit and credit

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 CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

11. Business the accounting cycle of a service identify business and nonbusiness 1. describes the nature of ABM_FABM11-IVa-d-
Transactions and business transactions, enumerate the types of transactions in a service 29
Their Analysis as business documents, recite the rules business
Applied to the of debit and credit, and apply these in
Accounting Cycle of a simple cases 2. records transactions of a ABM_FABM11-IVa-d-
Service Business service business in the general 30
a. Adjusting Entries journal
b. Adjusted Trial
Balance 3. posts transactions in the ABM_FABM11-IVa-d-
c. Preparation of Basic ledger 31
Financial Statements
(Income Statement) 4. prepares a trial balance ABM_FABM11-IVa-d-
32
5. prepares adjusting entries ABM_FABM11-IVa-d-
33
6. complete the accounting ABM_FABM11-IVa-d-
cycle 34

12. Accounting Cycle of the accounting cycle of a
Merchandising merchandising business to
Business include the following:
1. Journalizing of transactions
using the general and special
journals, namely: sales journal,
purchase journal, cash receipts
journal and cash payments
journal
2. Posting to the ledger, namely:
general and subsidiary ledgers
3. Preparation of trial balance
prepare journal entries, post to the
ledger, prepare the trial balance,
worksheet, adjusting entries and
complete the accounting cycle of a
merchandising business.
1. describes the nature of ABM_FABM11-IVe-j-
transactions in a merchandising 35
business
2. records transactions of a ABM_FABM11-IVe-j-
merchandising business in the 36
general and special journals
3. posts transactions in the ABM_FABM11-IVe-j-
general and subsidiary ledgers 37
4. prepares a trial balance ABM_FABM11-IVe-j-
38

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 CONTENT CONTENT STANDARDS PERFORMANCE STANDARDS LEARNING COMPETENCIES CODE

13. 4. Adjusting entries to include pre 5. prepares adjusting entries ABM_FABM11-IVe-j-

payments, accrual and deferral 39
5. Worksheet preparation and 6. completes the accounting ABM_FABM11-IVe-j-
6. Completing the accounting cycle of a merchandising 40
cycle of a merchandising business
business
7. prepares the Statement of
Cost of Goods Sold and Gross
Profit

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

Code Book Legend

Sample: ABM_FABM11-IIIa-5

LEGED SAMPLE

Learning Area and Strand / Subject or Accountancy, Business and

First Entry ABM_FABM11
Specialization Management Strand

Grade Level Grade 11

Fundamentals of Accountancy,
Uppercase Letter/s Domain/ Content/ Component/ Topic
Business and Management 1
-
Roman Numeral
Quarter Third Quarter III
*Zero if no specific quarter
Lowercase Letter/s
*Put a hypen (-) in between letters to Week Week one a
indicate more than a specific week
-
differentiate the branches of
Arabic Number Competency 5
accounting

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 K to 12 BASIC EDUCATION CURRICULUM
SENIOR HIGH SCHOOL ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT

References:

Anastacio, Ma. Flordeliza. Fundamentals of Financial Management (with Industry Based Perspective). (Manila: Rex Book Store, 2011).

Gilberto, Claudia. Fundamentals of Accounting. 8th ed. (Australia: Cengage Learning, 2010).

Padillo, NIcanor, Jr. Financial Statements Preparation, Analysis and Interpretation. (Manila: GIC Enterprises, 2011)

Pefianco, Erlinda C. The Accounting Process: Principles and Problems. (Makati: Goodwill Trading, 1996).

Young, Felina C. Principles of Marketing. (Manila: Rex Book Store, 2008).

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