ACCOUNTANCY CURRICULUMGLORIA T. BAYSA, Ed.D, CPA

September 22, 2015

Slides courtesy Dr. Arnel Uy, CHED Technical Com.

Philippine Accountancy Education Framework (PAEF)

PAEF is a conceptual layered structure supporting the design and implementation of various accounting degrees in the country.

horizontal and vertical

July batch: 289

NCR: 46.1%

Philippine Accountancy Education Framework (PAEF)

October batch: 258July batch: 289

NCR: 46.1%

PAEF shows the interrelations of vocational certifications, academic degrees (bachelors, graduate) as well as other professional certifications with reference to the Philippine Qualifications Framework (PQF/AQRF) and the International Education Standards (IES).

Philippine Accountancy Education Framework (PAEF)

October batch: 258July batch: 289

NCR: 46.1%

PAEF’s main focus would be the academic degrees, initial and continuing professional development as well as the professional certifications and qualifications.

Philippine Accountancy Education Framework (PAEF) Objectives

1. Harmonize understanding of accountancy education programs

2. Provide an integrating structure on the design of accountancy degrees and programs

3. Promote collaborations among the different regulating agencies in the development of the accounting profession

Commission on Higher Education (CHED) CMO No. 3, S. 2007

The CMO prescribes the revised minimum curricular requirements for the Bachelor of Science in Accountancy for all schools recognized and authorized by the government to operate the program.

CMO No. 03 Series of 2007

October batch: 258The primary goal of accounting education is to produce competent professional accountants who possess the appropriate values, ethics and attitudes and are capable of making a positive contribution to the profession and to society.

NCR: 46.1%

CHED CMO No. 3, S 2007

October batch: 258

The primary objective of the curriculum is to prepare the students for a successful professional accounting career. The subsidiary objectives of the curriculum are to prepare students for the CPA licensure examinations and for employment in private establishments and in government agencies.

COMPONENTS OF THE BSA CURRICULUMPer CMO No. 3, S. 2007

October batch: 258

October batch: 258

Philippine Accountancy Education Framework (PAEF) horizontal view

October batch: 258

Implementation of new PSGs

October batch: 258

AY 2015-16 AY 2018-19

Implementation of new GE

Implementation of PSG aligned

to obe

Implementation of PSG aligned

to K-12 and new GE

October batch: 258REVISIONSto the Accountancy Programs

Revision # 1Learning Outcomes (for BSAccountancy)

October batch: 258

A graduate of BS Accountancy should be able to:1. Resolve business issues and problems, with a global

perspective and particular emphasis on matters confronting financial statement preparers and users, using their knowledge and technical proficiency in the areas of financial accounting and reporting, cost accounting and management, management accounting, auditing, taxation and accounting information systems.

2. Conduct accounting research through independent studies of relevant literature and appropriate use of accounting theory and methodologies.

Revision # 1Learning Outcomes (for BSAccountancy)

October batch: 258

A graduate of BS Accountancy should be able to: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 enable them to successfully respond to various types of assessments (including professional licensure and certifications).

5. Confidently maintain a professional commitment to good corporate citizenship, social responsibility and ethical practice when performing functions as a

professional accountant.

Revision #2BSA Curriculum

Proposed

October batch: 258

Revision # 2BSA Curriculum

October batch: 258

Revision # 3Structure of Accountancy Programs

October batch: 258

Varies depending on degree

• BS in Management Accounting• BS in Forensic Accounting• BS in Accounting Information

Systems and Technology

PROFESSIONAL REQUIREMENT (IPD)

October batch: 258

October batch: 258

PROFESSIONAL REQUIREMENT (IPD)

BSA Curriculum

BSA Curriculum

BSA Curriculum

Usually after passing the board examBoard Exam

Revision # 4CAPSTONE Program Requirement

October batch: 258 capstone project is a multifaceted assignment that serves as a culminating academic and intellectual experience for students, typically during their final year . . . or at the end of an academic program or learning-pathway experience.

Also called a capstone experience, culminating project, or senior exhibition

Revision # 4CAPSTONE

October batch: 258

Mentored Practical Experience (at least 1 Term/Sem)

Work Portfolio(course output)

&Research Paper

(Synthesis)

Philippine Accountancy EducationFramework (PAEF)

October batch: 258

Proposed Accounting Programs

October batch: 258

THANK YOU