This course covers the complex modern industrial organizations within which the various facets of decision-making and controlling operations take place. It aims to identify, apply, and analyze the effect of the following concepts and techniques in the planning, control and decision making of business entities: standard costing and variance analysis; variable and absorption costing; activity-based costing and activity-based management; strategic cost management, relevant cost and differential analysis. Strategic Cost Management introduces students to the concepts and techniques available to assist managers in planning and controlling organizational activities. It deals in depth with the process of identifying, measuring, analyzing, interpreting and communicating information to managers in pursuit of the organizations goals. This subject takes students beyond the simple context to a far more complex level and provides the technical competence necessary for students to understand the role of cost information in organizations. Cost management concepts and tools for decision making will also be given emphasis as well as the concepts and techniques necessary for control and strategic performance measurement.
This course is an introduction to the concepts, principles, problems, and practices of operations management. Emphasis is on managerial processes for effective operations in both goods-producing and service-rendering organization. Topics include operations strategy, process design, capacity planning, facilities location and design, forecasting, production scheduling, inventory control, quality assurance, and project management. The topics are integrated using a systems model of the operations of an organization
This course is an in-depth study of income taxation which primarily addresses the the needs of students to have essential knowledge on the concepts and application of income tax principles in the Philippines. The objective of this course is to help students to develop an adequate understanding on basic principles and rules of the income tax system in the Philippines as they apply to individuals, partnerships and corporations. It covers an overview of national tax system, and the income taxation of employees and businesses. It provides the students with knowledge of fundamental principles of taxation, taxation for individuals, co-ownership, estates, trusts and partnerships and corporations. It also covers the study of fringe benefit taxes, gross income and inclusions and exclusions from the gross income. This course intends to help students apply tax laws in real-lif e situations.
This course seeks to provide
students with a thorough understanding of the working of the economy. It also aims to give appreciation of basic
economic concepts that are covered in Macroeconomics, Microeconomics, &
International Economics essential to both business & non-business
majors. Topics include, among others,
household behavior and consumer choice, firm theory, income distribution &
poverty, and globalization & international trade.
The syllabus for Performance Management (PM), builds on the knowledge gained in
Management Accounting (MA) and seeks to examine candidates’ understanding of how to
manage the performance of a business. It also prepares candidates for more specialist
capabilities which are covered in Advanced Performance Management (APM).
This course is designed to acquaint students with the role of accounting in the management team by providing and assisting in the analysis , interpretation, and forecasting of business
organizations. It covers the discussion of the foundation of management accounting; its expanding role, organizational structure, and professional ethics for management accountants;
design of management accounting systems (e.g., responsibility accounting system), evaluating the impact of changes in business structure, functions and appropriateness of management
accounting techniques and methods; basic interpretation and use of financial statements; performance measurement for planning and control such as marginal, absorption, and
opportunity costing, cost behavior, cost volume profit analysis; quantitative techniques and methods for planning and control. This course also deals with the application and techniques
focusing on segment reporting, profitability analysis and decentralization, information for decision making purposes (short term and long term) and nonfinancial indicators such as
productivity per employee or per service unit; decision making affecting short run operations; pricing of goods and services and environmental cost accounting.
This course is
designed to orient the students to the cost accounting & control concepts. Topics discussed are overview of cost
accounting; manufacturing cost accounting cycle; costing methods; job and
process cost systems; accounting, planning and control for materials, labor and
overhead; accounting for joint and by-products; service allocation and standard
costing (two-way variance only).
In accounting information system consists of the people, records, and methods used to gather financial information about business events, record it, process it into a useful form, and communicate the information to end users and decision makers. In other words, an accounting system is everything and everyone involved in collecting, recording, and organizing financial transactions for the company. In essence, the goal of an accounting system is to record financial data and turn it into useful financial information.
There are many different parts and components to any accounting information system, but they can typically be broken up into five main categories: source documents, input devices, information processors, information storage, and output devices.
The goal of this course is
to develop the ability to conduct empirical research on (1) the role of
accounting information in the firm (i.e., contracting and corporate governance,
(2) how managers choose to exercise their discretion to implement their firms’ financial
accounting, reporting, and disclosure strategies. In doing so, we will develop
an understanding of the economic, finance, and accounting theory that underlies
empirical accounting research. As we go through each study in this class, we
will focus on identifying and understanding three critical elements of each
study: (1) the research question, (2) the motivation, and (3) the research
design. An author must describe the incremental contribution to the literature
to motivate his paper. Therefore, we will also build an understanding of the
major results in the literature and evaluate the strength and weakness of each
Financial Markets presents
an overview of the financial system and its various financial markets,
instruments and institutions. Students will investigate the nature and role of
the main financial markets within the domestic and global environment. Within
this framework, the course is practically-based and enables the learners to
critically analyze problems in real-life treasury dealing situations using live
data. Students collaborate in small teams during those simulation sessions and
report on their treasury dealing activities.