BACHELOR OF SCIENCE IN ACCOUNTANCY

Curriculum of De La Salle University

A Presentation during the

Workshop on ASEAN Accounting EducationUniversitas Padjadjaran, Bandung, Indonesia

April 22, 2015

Florenz C. Tugas, CPA (Philippines), CISA (USA)

Vice Chair, Accountancy DepartmentFormer External Affairs Director of Ramon V. del Rosario College of Business

About the University

2

• Founded in 1911 by the Brothers of the Christian Schools, De La Salle University positions itself as a leader in molding human resources who serve the church and the nation.

• The University is a hub for higher education training renowned for its academic excellence, prolific and relevant research, and involved community service.

About the University

3

Quick Facts• 16,477 undergraduate students• 452 full-time faculty and 582 part-time faculty• 36 academic departments• 8 colleges and schools• 11 research centers• Offers doctoral, master’s, bachelor’s, diploma,

and certificate programs

About the University

4

5

Philippine Accountancy Act of 2004 (RA 9298)

The Accounting Education in the Philippines

CHED Memorandum Order No. 03, Series of 2007

BSA Curriculum

+CPA

Board Examinati

on

6

The Accounting Profession in the Philippines

BSA Curriculum

+CPA

Board Examinati

on

Public Practice Commerce and

Industry Government Academe

Vision Statement The Accountancy Department envisions itself as the premier academic, research, and community-building institution in professional accounting education in the Philippines and the Asia-Pacific region.

About the Accountancy Department

7

About the Accountancy Department

MissionThe Accountancy Department commits to produce technically competent and morally upright individuals responsive to the rapidly changing global business environment and dedicated to the stewardship of business resources and nation-building.

8

15 Expected Learning Outcomes

9

15 Expected Learning Outcomes

10

Total of 48 faculty members Healthy balance of young and

seasoned teachers Approximately 970 students

11

Faculty and Students

OUR RECORD IN THE CPA BOARD EXAMINATION

Overall DLSU

Passing Rate

National Passing

Percentage

Overall DLSU

Passing Rate

National Passing

Percentage

May 2010 98.44% 39.52% Oct 2010 100% 48.36%

May 2011 100% 40.50% Oct 2011 96.67% 47.70%

May 2012 100% 37.54% Oct 2012 100% 47.78%

May 2013 96.36% 27.41% Oct 2013 92.86% 40.84%

July 2014 90.67% 19.98% Oct 2014 90.48% 37%

13

Can be completed in 3 years & two terms (BSA only).

Can be taken with a Liberal Arts degree or with another Business degree (additional 5 terms).

PROGRAM DESIGN

PROGRAM DESIGN Syllabi follows content of board examination

subjects as specified by the Board of Accountancy

Includes discussion of real case problems Allows participation of practitioners Incorporates on-the-job training Incorporates research (thesis) writing Includes a course in ethics

14

PROGRAM DESIGN

Modular Approach only accounting subjects are taken

by BSA students in particular terms, called modular terms

Lesson plans, drills and exercises are standardized

Quizzes and examinations are departmentalized

15

final grade to QUALIFY

for next accounting courses

2.0 (83%)

Minimum

16

PROGRAM DESIGN

number of takes allowed to meet minimum final gradein basic accounting courses

(ACTBAS1, ACTBAS2, ACTBAS3 & ACTBAS4)

2 takes[only one (1) retake allowed]

Maximum

17

PROGRAM DESIGN

number of takes allowed in

QUALIFYING EXAMINATION

2 takes[only one (1) retake allowed]

Maximum

18

PROGRAM DESIGN

Retention policyFinal grade requirement of at least 2.0

or 83% in all accounting, financial management, commercial law and taxation subjects.

19

PROGRAM DESIGN

General education subjects 51

Business education subjects (includes course in ethics)

42

Information technology education 9

Accounting and finance education (including 4 modules of accounting, business law and taxation

118

PE/NSTP 14

Lasallian formation 4

Total units 238

20

PROGRAM DESIGN

FRESHMAN YEAR1ST TERM 2ND TERM 3RD TERM

ACTBAS1 ACTBAS2 ACTBAS3

COMALGEMANAORGSCIMATPENGLCOMFILKOMUKASPIL1FITWELLNSTP-101LASARE1

22(0)

BUSANA1ECONONETREDONEENGLRESFILDLARSCIMATCLBYMATCFTTEAMSPERSEF1NSTPCW1/RO1SAS1000

22(5)

BUSANA2OBLICONKASPIL2LBYACC1SCIMATBLBYMATBINTSOCIFTSPORTNSTPCW2/RO2

22(3)

F L O W C H A R TPROGRAM DESIGN

1ST TERM 2ND TERM 3RD TERM

MODFIN1

MODFIN2

MODFIN3

MODFIN4

MODCOS1

MODCOS2

PARTCORTREDTWOMARKET1STATACCHUMAARTINTFILOPERSEF2LASARE2FTDANCE

ACFINA1LBYACC2 MANSCIESALESBAECONTWOPOLISCIHUMANBE

QUALIFYING EXAMINATION

SOPHOMORE YEAR

1823(2) 21

ACTBAS4

F L O W C H A R T

PROGRAM DESIGN

JUNIOR YEAR

MODADV1

MODADV2

MODADV3

MODAUDP

MODMIT1

MODMIT2

18

ACCTAX1OPEMANAACFINA2ACETHICSPEECOMTREDTRINEGOTINACCTREM

22.5

MODAUD1

MODAUD2

LBYMODT

PRCACCT

MODMGT1

MODMGT2

THSBSAP

18

1ST TERM 2nd TERM 3rd TERM

F L O W C H A R TPROGRAM DESIGN

SENIOR YEAR1ST TERM

STRATACCONADEVHUMALITACFINA3SPEECOMTHMATICACCTAX2IPERSEFLASARE3THSBSAF

22.5

2ND TERM

REVPRAA

REVPRAB

REVMANS

REVAUDI

REVDEVT

REVIBLT

REVSYNT

19

Academic Units - 228Non-Academic - (10) -------- Total Units 238 =====

PROGRAM DESIGNF L O W C H A R T

CIMA Global Business Challenge

Student

Search for Outstanding Accounting Students of the Philippines

Student

Inter Collegiate Finance Competition (ICFC)

Student

Student

28

The student professional organization in DLSU at your service in ---• Academics• Socials• Community service• Sports

29

Student organization’s activities with industry partners

Stakeholders

30

Ms. Sonia Segovia, Adviser for Accountancy with former RVRCOB administrators, Dr. Brian Gozun – Dean, Atty. Christopher Cruz – Vice Dean, Undergraduate and Dr. Arnel Uy – Vice Dean, Graduate Studies

The Accountancy Chair with managers from auditing firms such as SGV, RTC, Deloitte, PWC and P&A

Stakeholders

31

32

Testimonial Dinner - October 2014 CPA Board Passers

Key Opportunities K to 12 basic education program Movement of the start of the academic year

to last week of August or first week of September Student exchange programs Visiting professors/lecturers Internationalization

Integration of international certifications ASEAN integration (collaboration and sharing

best practices)33

Key Threats Attrition rate among students Student faculty ratio (the need for teaching

faculty) “Publish or perish” Volatility in accounting standards Western context and orientation in available

textbooks Integration of basic accounting in senior high

school (preparedness of teachers)

34

Possible Cooperation Connectedness through a network

Dialogues and discussions SEA Accounting Educators Convention

Sharing best practicesCurriculumTeaching

Accounting research collaboration Joint student activities

35

BACHELOR OF SCIENCE IN ACCOUNTANCY

Curriculum of De La Salle University

A Presentation during the

Workshop on ASEAN Accounting EducationUniversitas Padjadjaran, Bandung, Indonesia

April 22, 2015

Florenz C. Tugas, CPA (Philippines), CISA (USA)

Vice Chair, Accountancy DepartmentFormer External Affairs Director of Ramon V. del Rosario College of Business