SPECIAL TOPICS IN ACCOUNTING
6 units
Pre-requisite: For 5th yr BSA Students only, FA 414, FA 422

This course involves the study of special topics mostly of
financial and advanced accounting. This course also serves as a
refresher course to some related subjects/topics. The students
are expected to harness their acquired knowledge from previous
accounting subjects and display analytical and critical thinking
skills in solving problems in specialized accounting topics.

APPLIED AUDITING - PART 1
6 units
Pre-requisite: For 5th yr BSA Students only, FA 422

The emphasis of this course is on the proper application of
audit principles and methods to problem situations commonly
encountered in the audit of small and medium sized business
units. It includes a thorough discussion of the audit objectives,
evaluation of internal control and audit procedures applicable
to each of the major accounts in the financial statements. The
development of skills in the preparation of audit working papers,
financial statements and audit report are given particular
attention.

APPLIED AUDITING PART 2
3 units
Pre-requisite: For 5th yr BSA Students only, FA 422

This follow up course completes discussions on the proper
application of audit principles and methods to problem situations
commonly encountered in the audit of small and medium sized
business units. It includes a thorough discussion of the audit
objectives, evaluation of internal control and audit procedures
applicable to each of the major accounts in the financial
statements. Emphasis is on the preparation of audit working
papers, financial statements and audit reports.

ADVANCED ACCOUNTING - PART 2
6 units
Pre-requisite: FA 512

This course includes advanced accounting problems. It is focused
on the analysis of problems related to business combinations,
accounting for financially distressed companies and accounting
for foreign currency transactions and translations. It also covers
the foundation and basic framework of government accounting.
It includes the study of government budgetary system,
government accounting system, state accounting principles and
financial statements.

AUDITING IN A COMPUTERIZED ENVIRONMENT
3 units
Pre-requisite: For 5th yr BSA Students only, FA 53, FA 516

This course deals with the impact of computers on the system of
internal control and on auditor’s study and evaluation of internal
control.

ACCOUNTING REVIEW/SEMINAR
12 units
Pre-requisite: For 5th yr BSA Students only

This course tests the student’s proficiency in applying previous
relevant courses to board examination subjects such as practical
accounting 1 and 2, theory of accounts, auditing theory and
problems, business law and taxation, and management advisory
services. This gives the students the opportunity to interact with
reviewers of different leading review schools. It also includes
updates on new standards in preparation for the CPA board
examination.

INCOME TAXATION
3 units
Pre-requisite: AC 211, AC 221

This course provides students the knowledge on the nature,
scope and limitations of taxation, how income tax is computed,
how income tax return is filled-out and filed. Students are also
expected to become knowledgeable on the different income
items (taxable and nontaxable).

TRANSFER AND BUSINESS TAXES
3 units
Pre-requisite: TX 111

This course covers discussion on transfer taxes on gratuitous
transfer of property (estate tax and donor’s tax), VAT, percentage
taxes, excise taxes, documentary stamp taxes, and community
tax. It also includes remedies of the state for collections of taxes
and the remedies of the taxpayers on taxes being assessed and/
or erroneously paid.

BUSINESS AND CORPORATE FINANCE
3 units
Pre-requisite:

This course includes fundamental principles of financial policy
included in the organization and management of business
enterprises in the Philippine settings. It also covers fund raising
practices of the corporations to meet their capital requirement
through the sale of securities, through bank loans and trade
credits.

PRINCIPLES OF INVESTMENT
3 units
Pre-requisite: BF 111

This course is designed to discuss the underlying principles/
concepts of investment. It also gives a brief description of
the investment environment plus the techniques, vehicles and
strategies for implementing investment goals in a portfolio
context. This course also covers the relevance of investments
to our existing economic conditions.