Business and Management Program Outcomes

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Questions and Answers

Graduates of all programs, regardless of their type of school, are required to be proficient in both English and Filipino for effective communication.

True (A)

Which of the following is NOT a common program outcome for all types of schools?

  • Acting in recognition of professional, social, and ethical responsibility
  • Articulating and discussing the latest developments in the specific field of practice
  • Working effectively and independently in multi-disciplinary and multi-cultural teams
  • Demonstrating knowledge of the latest trends in artificial intelligence (correct)

What are the four basic functions of management that graduates in the Business and Management discipline should be able to describe?

Planning, organizing, leading, and controlling

Graduates in the Business and Management discipline should be able to ______ the proper decision-making tools to solve problems and drive results.

<p>select</p> Signup and view all the answers

Match the program outcome with the relevant sub-discipline or category:

<p>Articulating and discussing the latest developments in the specific field of practice = Common to all programs in all types of schools Resolving business issues with a global perspective = Specific to a sub-discipline and major Demonstrating corporate citizenship and social responsibility = Common to the Business and Management discipline Preserving and promoting Filipino historical and cultural heritage = Common to all programs in all types of schools</p> Signup and view all the answers

Which of these skills is expected of graduates in the Business and Management discipline?

<p>Applying information and communication technology (ICT) skills (B)</p> Signup and view all the answers

Graduates with a specialization in accounting should be able to conduct research using only the most recent accounting literature.

<p>False (B)</p> Signup and view all the answers

According to the content provided, what are three areas of focus in the accounting sub-discipline?

<p>Financial accounting and reporting, cost accounting and management, and accounting information systems</p> Signup and view all the answers

The minimum number of units required for a BSA program should follow the guidelines prescribed in the ______.

<p>CHED memorandum</p> Signup and view all the answers

A faculty member can mentor a maximum of 20 Accounting Internship students.

<p>True (A)</p> Signup and view all the answers

Which of the following is NOT a factor emphasized in the CHED memorandum for a quality BSA program?

<p>Number of course units (B)</p> Signup and view all the answers

Match the following HEI responsibilities with their respective description:

<p>Admission policy = A process for selecting students applying for the BSA program Retention policy = Strategies to maintain the quality of the BSA program Curriculum = Should align with the HEI's philosophy, mission, and vision statement Internship = Should include a memorandum of agreement with the industry partner and a detailed Terms of Reference</p> Signup and view all the answers

What is the minimum number of hours per unit for subjects offered as three (3) unit courses?

<p>14 hours</p> Signup and view all the answers

The HEI is required to follow a specific pattern and modality for the BSA program to ensure consistency.

<p>False (B)</p> Signup and view all the answers

Accounting Internship covers a minimum of ______ hours of mentored practical experience.

<p>400</p> Signup and view all the answers

According to the CHED memorandum, what should be emphasized in a BSA program?

<p>Qualitative factors such as excellence of teaching and student quality (A)</p> Signup and view all the answers

What is the minimum teaching experience required for the Dean/Chair/Director of a BSA program?

<p>5 years (C)</p> Signup and view all the answers

A faculty member teaching accounting courses must hold a valid Certificate of Accreditation as Accounting Teacher.

<p>True (A)</p> Signup and view all the answers

What is the minimum educational qualification required for a faculty member teaching accounting courses?

<p>A master's degree in accountancy or other related field.</p> Signup and view all the answers

Faculty members should possess ______ experience in the fields of public practice, commerce and industry, or government.

<p>three years of relevant practical</p> Signup and view all the answers

Match the following requirements with their applicability:

<p>Filipino citizenship and good moral character = Dean/Chair/Director Certificate of Accreditation as Accounting Teacher = All faculty teaching accounting courses 12 units of professional education subjects = Tenured/Full-time/Full-load faculty Minimum of 2 years of administrative experience = Dean/Chair/Director</p> Signup and view all the answers

Which of these qualifications are applicable to special lecturers or adjunct faculty?

<p>None of the above (D)</p> Signup and view all the answers

A faculty member who does not meet the qualification of 12 units of professional education subjects within three years of the CMO issuance will be required to comply.

<p>True (A)</p> Signup and view all the answers

What is the maximum teaching load for a full-time academic teaching personnel per term?

<p>24 units</p> Signup and view all the answers

What percentage of accounting education and professional subjects should be handled by full-time faculty?

<p>30% (C)</p> Signup and view all the answers

The minimum number of full-time CPA faculty required for a CHED-recognized BSA program is three.

<p>True (A)</p> Signup and view all the answers

What are two ways accounting faculty can engage in professional development?

<p>Accounting faculty can engage in professional development by complying with Continuing Professional Development (CPD) requirements and pursuing advanced degrees.</p> Signup and view all the answers

The library must maintain a collection of updated and appropriate/suitable ______ and references used for the core courses in the curriculum.

<p>textbooks</p> Signup and view all the answers

Match the following requirements with their corresponding category:

<p>At least 30% of the accounting education and professional subjects in the program should be handled by full-time faculty. = Faculty Requirements Library resources should complement curriculum delivery to optimize the = Library Attendance at in-service training programs on official time shall be encouraged = Faculty Requirements Library personnel, facilities and holdings should conform to existing CHED requirements = Library The library must maintain a collection of updated and appropriate/suitable textbooks and references used for the core courses in the curriculum. = Library</p> Signup and view all the answers

What are the usually recognized ranks of collegiate faculty members?

<p>Instructors, Assistant Professors, Associate Professors, and Professors (B)</p> Signup and view all the answers

A faculty member can be appointed to a higher rank immediately if their qualifications warrant it.

<p>True (A)</p> Signup and view all the answers

What is the maximum teaching load allowed for part-time or special lecturers teaching in multiple educational institutions?

<p>24 units per term in the aggregate</p> Signup and view all the answers

The probationary employment for full-time faculty who are academically qualified should be for a period of not more than ______ years.

<p>three</p> Signup and view all the answers

Match the following faculty development program provisions with their descriptions:

<p>Adequate and qualified supervision of faculty = Providing mentorship and guidance to faculty members Scholarships, sabbatical leaves, and research grants = Supporting faculty in pursuing research and advanced studies Financial support for active membership in professional organizations, and attendance at continuing professional development (CPD) programs such as seminars, workshops, and conferences = Encouraging participation in professional development activities In-service training courses = Providing opportunities for faculty to enhance their skills and knowledge Periodic faculty meeting = Facilitating communication, collaboration, and sharing of knowledge Participation in faculty committees = Involving faculty in decision-making and governance</p> Signup and view all the answers

What is the purpose of periodically evaluating faculty competence and performance?

<p>To ensure that faculty members are meeting minimum standards and to provide a basis for advancement and salary adjustments (D)</p> Signup and view all the answers

De-loading from regular teaching is not allowed for individuals taking on administrative, research, or professional assignments.

<p>False (B)</p> Signup and view all the answers

The HEIs should establish a ______ system to ensure compliance with teaching load regulations for part-time or special lecturers.

<p>monitoring</p> Signup and view all the answers

Which course is NOT mandatory for accounting students in their first semester?

<p>Human Behavior in Organizations (HBO) (C)</p> Signup and view all the answers

A student can take Principles and Methods of Teaching Accounting as an elective course in their fourth year.

<p>True (A)</p> Signup and view all the answers

What is the total number of elective units required for the accounting program?

<p>12</p> Signup and view all the answers

The course code for 'Auditing and Assurance: Concepts and Applications 1' is ______.

<p>PrE2</p> Signup and view all the answers

Match the following courses with their corresponding semesters:

<p>Financial Markets = Second Semester of Second Year Accounting for Business Combinations = First Semester of Third Year Intermediate Accounting 1 = Second Semester of First Year Strategic Cost Management = First Semester of Second Year</p> Signup and view all the answers

What is the total number of units required to complete the first year of the accounting program?

<p>52 (A)</p> Signup and view all the answers

The course 'Accounting Internship' is a required course in the fourth year.

<p>True (A)</p> Signup and view all the answers

What is the total number of units required to complete the entire accounting program?

<p>36</p> Signup and view all the answers

The course code for 'Understanding the Self' is ______.

<p>GE1</p> Signup and view all the answers

Which of the following courses belong to the 'Professional Electives' category?

<p>Auditing in a CIS Environment (C)</p> Signup and view all the answers

Flashcards

Graduate Communication Skills

Graduates can communicate effectively in English and Filipino, both orally and in writing.

Multi-disciplinary Teams

Graduates can work effectively and independently in teams from diverse backgrounds.

Social and Ethical Responsibility

Graduates recognize and act upon their professional, social, and ethical duties.

Basic Functions of Management

Key functions include planning, organizing, leading, and controlling.

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Decision-Making Tools

Graduates utilize various tools to solve problems creatively and analytically.

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Corporate Citizenship

Graduates demonstrate social responsibility and participate positively in their communities.

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Accountancy Research

Graduates conduct research using relevant literature and appropriate accounting methods.

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Use of Technology in Business

Graduates employ technology to capture and analyze financial information and support decision-making.

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Faculty Qualifications

Requirements for faculty in undergraduate accounting programs, including education and experience.

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Continuing Professional Development (CPD)

Mandatory training for accounting faculty to stay current in their profession.

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Full-Time Faculty Requirement

At least 30% of accounting courses must be taught by full-time faculty.

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CPA Faculty Requirement

BSA programs must have at least 3 full-time CPA faculty members.

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Library Requirements

Library must meet CHED standards and maintain relevant course materials.

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HEI Admission Policy

The HEI must create an admission policy for BSA applicants.

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Retention Policy

A policy to maintain the BSA program's quality and student success.

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Access to Technology

Students and faculty must have access to computers and internet resources.

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Qualitative Education Factors

Emphasizing quality over quantity in education, focusing on teaching excellence and student integrity.

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Curriculum Consistency

BSA curriculum must align with HEI's mission, vision, and philosophy.

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Course Unit Requirements

BSA program requires a minimum number of units as specified.

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Internship Requirements

Accounting internship must have a minimum duration of 400 hours and mentoring.

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Curricular Flexibility

HEIs can adapt and enhance curricula based on student needs.

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Auditing and Assurance Principles

Fundamental concepts and methods in auditing practices.

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Financial Accounting and Reporting

Preparation and presentation of financial statements.

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Managerial Economics

Application of economic theory to business management.

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Cost Accounting and Control

Tracking and analyzing costs to improve efficiency.

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Intermediate Accounting 1

Advanced study of accounting principles and standards.

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Auditing in a CIS Environment

Conducting audits in a Computer Information Systems framework.

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Professional Electives

Courses chosen to suit professional interests and career goals.

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Accounting for Special Transactions

Recording unique or non-routine financial transactions.

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Accounting for Government and Non-profit Organizations

Financial practices tailored for public and non-profit sectors.

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Strategic Management

Planning and executing long-term goals for an organization.

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Dean/Chair/Director Qualifications

Must be a Filipino citizen, CPA, and have a master's degree with teaching experience.

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Philippine CPA Requirements

Must hold a valid PRC ID, Accreditation Certificate, and be a good moral character member.

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Master's Degree Requirement

Accounting faculty must hold a master's degree or related field qualification.

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Professional Education Units

Faculty must earn 12 units of professional education subjects for teaching.

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Practical Experience for Faculty

Minimum of three years related practical experience required for faculty.

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Tenured Faculty Compliance

Tenured faculty who do not meet qualifications must comply within 3 years.

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Teaching Load Limitations

Full-time faculty should not exceed 24 units and 3 or 4 courses per term.

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Teaching Load Guidelines

Regulations governing the amount of courses assigned to faculty annually.

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Part-time Lecturer Limits

Part-time lecturers cannot teach more than 24 units per term across all institutions.

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Faculty Ranking System

A structured method for assigning academic ranks to faculty based on criteria.

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Faculty Evaluation

Periodic assessment of faculty competence and performance using specific tools.

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Probationary Period

First three years of full-time faculty employment to assess qualifications.

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Dismissal Criteria

Standards for separating faculty failing in competence or professional conduct.

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Faculty Development Program

Formal initiative to enhance faculty knowledge and teaching skills.

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CPD Programs

Continuing professional development activities like workshops and seminars.

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Study Notes

CHED Memorandum Order No. 27

  • Revised policies, standards, and guidelines for Bachelor of Science in Accountancy (BSA) programs were adopted
  • The order is in accordance with Republic Act (RA) No. 7722 ("Higher Education Act of 1994") and CMO No. 46 s. 2012
  • The new guidelines aim for an outcomes-based quality assurance system
  • The policies, standards, and guidelines (PSGs) are based on an outcomes-based education approach
  • The guidelines recognize the diversity of Higher Education Institutions (HEIs) and allow for innovation within curriculum designs while adhering to assessment of outcomes and the mission of the HEIs

Article I - Introduction

  • The guidelines implement a shift to learning competency-based standards and outcomes-based education (OBE)
  • The guidelines aim for core competencies for BS Accountancy graduates, regardless of the HEI
  • They allow for curriculum innovation to best meet learning outcomes given the specific needs of institutions

Article II - Authority to Operate

  • Private higher education institutions (PHEIs) wishing to offer a BS Accountancy program must obtain prior authorization from the Commission
  • Existing PHEIs with BS Accountancy programs must adopt an outcomes-based approach
  • State universities and colleges (SUCs) and local universities and colleges (LUCs) must also adhere to the standards in the order

Article III - General Provisions

  • Higher education institutions (HEIs) maintain academic freedom in curriculum offerings but must meet minimum requirements
  • The articles outline minimum standards expressed as desired program outcomes (Article IV, Section 6)
  • The CHED designed a sample curriculum (Article V, Section 8) that meets these minimum unit requirements.
  • A sample curriculum map for this program is also included (Article V, Section 9)
  • Curriculum delivery methods are covered in Article V, Section 10.
  • Sample course syllabi are shown in Article V, Section 11

Article IV - Program Specifications

  • Defines the program as a Bachelor of Science in Accountancy (BSA)
  • Highlights the program's nature as a general accounting education program, aimed at public and public accounting careers
  • Graduates will have certifications from the Professional Regulatory Commission, Board of Accountancy (PRC-BOA), and other global organizations

Article V - Curriculum

  • The curriculum includes General Education (GE) courses, NSTP, Physical Education (PE), Common Business and Management courses, Core Accounting courses, and Cognate/Major/Professional courses
  • The minimum unit requirement is 173 units
  • The curriculum is vertically aligned with the Accountancy and Business Management strand of senior high school

Article VI - Required Resources

  • Details specifications for library facilities and resources to support the curriculum
  • Outlines the required computer laboratory facilities for students and faculty

Article VII - Compliance of HEIs

  • Guidelines require HEIs to submit detailed program information, including proposed curriculum, performance indicators, and outcomes-based syllabi to CHED
  • Continuous evaluation of existing programs and a system of program improvement is mandated

Article VIII - Transitory, Repealing, and Effectivity Provisions

  • Provides a three-year transition period for all existing Accountancy programs to comply with the new standards
  • The new standards will be fully implemented beginning Academic Year 2018-2019

Annex A - Sample Syllabus

  • Sample syllabus for Intermediate Accounting III, addressing course description, prerequisites, course learning outcomes, and required resources

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