OUR MISSION The University of San Carlos is a Catholic institution of learning that embodies the principles of academic discipline

of San Carlos Borromeo and the missionary charism of the Society of the Divine Word (SVD). We aim to develop competent and socially responsible professionals and life-long learners in an environment that fosters excellence in the academic core processes of teaching-learning, research, and community extension service. Our mission is to provide timely, relevant and transformative academic programs responsive to the needs of the local, national, and global communities in a rapidly changing world. OUR VISION The University of San Carlos sees: A WORLD where the darkness of sin and the night of unbelief vanish before the light of the Word and the Spirit of grace A SOCIETY where citizens are competent, have nobility of character and nurture a sense of community

Second Semester AC 502 Engl 2 BA 100 Comp 1N Fili 2 Math 30 Nasc 1 PE 12 Reed 20 NSTP 2

Fundamentals of Accounting, Part 2 Communication Arts 2 Elementary Business Statistics Computer Fundamentals & Word Processing Filipino Sa Ibat-ibang Larangan Math of Investments Biological Science Rhythmic Activities Man the Christian Believer CWTS/LTS

6 AC 501 3 Engl 1 3 Math 15 3 3 Fili 1 3 Math 15 3 2 PE 11 (3) Reed 10 (3) NSTP 1 ------------26/32 ========

Second Semester AC 514 AC 515 AC 516 AC 517 Law 502 BA 107AB BA 104 Humn 1

Advanced Financial Accounting & Reporting, Part 2 Management Accounting, Part 1 Assurance Principles, Professional Ethics & Good Governance Special Topics in Finance Sales, Agency, Labor and Other Commercial Laws Production Management Marketing Management Survey of Arts

3 3 6 3 3 3 3 3 -----------27 =======

AC 510 AC 512 AC508/AC510 AC 513 Law 501 BA 46 AC 512 Engl 2

SECOND YEAR First Semester First Semester AC 503 AC 504 AC 505 Math 45 Econ 21 BA 101 Psyc 1 PE 13 Reed 30 Financial Acctg. & Reporting, Part 1 Fundamentals of Accounting, Part 3 Database Management Math Analysis in Business (Calculus) Microeconomics Marketing Principles General Psychology Fundamentals In Games & Sports The Christian in Worship 6 AC 502 3 AC 502 3 Comp 1N 3 Math 30 3 3 BA 11 3 2 PE 12 (3) Reed 20 ------------26/29 ======== AC 518 AC 519 AC 520 Law 503 Txtn 501 Lit 2 Hist 15

FOURTH YEAR

What they know, they apply justly and honestly What they do not know, they seek to learn What they do not have, they endeavor to acquire What they have, they share

BACHELOR OF SCIENCE IN ACCOUNTANCY A 5-year program which puts emphasis on a thorough accounting study to gain adequate knowledge for professional competence. The program develops accounting students to become Certified Public Accountants equipped with high level of theoretical knowledge and sound principles and techniques to serve the needs of globalize economy. OBJECTIVES OF THE PROGRAM To meet the needs of the accounting profession with a broad & extensive training in business, accounting, auditing and information technology. To develop the capabilities of students and to prepare and equip them with the required knowledge to become Certified Public Accountants so that they can function as competent professionals in an increasingly complex and changing environment. COURSE REQUIREMENTS The BSA curriculum consists of the following core courses: Accounting & Reporting 42 units Auditing & Information Technology 18 Managerial Accounting & Finance 30 Business Law 12 Taxation 9 Business Administration 30 Integrated Review Courses 21 Practicum 6 ------------Total 168 units ======== THE BSA CURRICULUM FIRST YEAR First Semester AC 501 Engl 1 Math 15C BA 11 Fili 1 Nasc 2 PE 11 Reed 10 NSTP 1 Fundamentals of Accounting, Part 1 Communication Arts 1 Modern College Algebra Principles of Organization & Management Sining ng Pakikipagtalastasan Physical Science Self-Testing Activities Man in Search of God CWTS/LTS 6 3 3 3 3 3 2 (3) (3) ------------23/29 ========

Advanced Financial Accounting & Reporting, Part 3 Management Accounting, Part 2 Applied Auditing Law on Business Organizations Principles of Taxation and Other Fiscal Laws Literatures of the World Early & Modern Phil. History

3 3 6 3 3 3 3 -----------24 =======

AC 514 AC 515 AC 526 Law 501 4th year level Engl 2

Second Semester AC 521 AC 522 AC 523 Law 504 Txtn 502 BA 109 Hist 17

Second Semester AC 506 AC 507 AC 508 AC 509 Engl 3 Philo 2 Polsci 12 PE 14 Reed 40

Financial Acctg. & Reporting, Part 2 Cost Accounting, Part 1 Accounting Information System Bus. Finance w/ Introduction to Global Business Environment Aural-Oral Communication Logic Phil. Govt. & New Constitution Recreational Activities Christian Witness to the World

6 3 3

AC 503 AC 504 AC 505

3 Math 45 3 Engl 2 3 3 2 PE 13 (3) Reed 30 -----------26/29 =======

Technical Writing: Business and Accounting Applications Auditing in CIS Environment Practicum 1 Law on Negotiable Instrument Business and Other Taxes Business Research Rizal: Life and Works

3 3 3 3 3 3 3 -----------21 =======

4th year level AC 520 AC 520 Law 501 Txtn 501 BA 46 Hist 15

Summer 1 AC 524

Practicum 2

3 AC523 ======= FIFTH YEAR

THIRD YEAR First Semester AC 510 AC 511 AC 512 AC 513 Law 501 Engl 21 BA 46 BA 12N Econ 22

Financial Accounting & Reporting, Part 3 Advanced Financial Accounting & Reporting, Part 1 Cost Accounting, Part 2 Financial Management Law on Obligations & Contracts Business Correspondence Quantitative Tech. In Business Human Behavior in Organization Macroeconomics

3 3 3 3 3 3 3 3 3 -----------27 =======

AC 506 AC 506 AC 507 AC 509 Third year level, Philo 2 Engl 2 Math45 BA 11/Psyc 1 Econ 21

First Semester AC 525 AC 526 AC 527 AC Elective AC 528 BA 111A BA 102A

Tax Accounting Management Consultancy Accounting Synthesis Foreign Language Contemporary Issues In Accounting, Auditing & Management Strategic Management Business Ethics and Corporate Social Responsibility

3 3 3 3 3 3

Txtn 502, AC523 AC 521 AC 523

AC 523 BA 109

3 BA 109 -----------21 ======= 6 3 3 6 3 -----------21 ======= 5th year level 5th year level 5th year level 5th year level 5th year level

Second Semester IRC 1 IRC 2 IRC 3 IRC 4 IRC 5

Theory of Accts/ Prac.Acctg.I Practical Accounting 2 Management Services Auditing Theory/ Problems Business Law & Taxation

Elective Subject (Year 5, Semester 1) Foreign Language (Mandarin, French, Spanish)

RETENTION POLICY A student should maintain an individual rating of 2.0 or better in all Accounting, Law, Taxation and Finance subjects. One retake per subject is allowed in case of cut-off failure. At the end of Year 2, Comprehensive Examination Level 1 (CEL 1) shall be administered to the student to gain admission to Year 3. This will be followed by CEL 2 at the end of Year 3; CEL 3 at the end of Year 4, and finally CEL 4 in the 5th year at the end of 1st semester. To pass the Comprehensive Examination, the student should obtain a general average of 75% but with no grade below 65% in any of the CEL subjects. Those who do not pass CEL 1 and 2 shall not be allowed a retake and will be advised to shift. Retake is allowed for CEL 3 and 4. The student shall apply for the said examination and pay the required fees. For more clarification, please contact the office of the Chair. FACULTY The faculty line-up includes CPAs with doctoral degrees in Business Administration, Ph.D. in Technological Management, Masters degree in Business Administration, Master of Science in Accountancy, Lawyers, and CPA-Lawyers. Most of the faculty members are current practitioners in various fields of their expertise while some were previously connected with organizations of high reputation. ADMISSION POLICIES 1. IQ requirement 2. APT & EPT APPLICATION PROCEDURES All applicants must secure the USC application form. Complete application packages should include: 1. High School report card or Form 137 2. 3 copies 2 x 2 picture 3. Testing fee FINANCIAL AID Scholarships are available to deserving students. These grants are generally good either for a year or for the duration of the program and are awarded on academic merit or financial need. 95 50

USCs Achievements Professional Regulations Commission Awards: 1. Ranked No. 2 October 2006 CPA Licensure Examinations (among schools with 57 99 examinees) 2. Ranked No. 3 October 2005 CPA Licensure Examinations (among schools with 57 99 examinees) 3. Ranked No. 2 May 2004 CPA Licensure Examinations (among schools with 100 and above candidates) 4. Ranked No. 3 - May 2003 CPA Licensure Examinations (among schools with 100 and above candidates) 5. Ranked No. 2 - among schools with over 100 candidates per PRC report (1993-1997): Source: Accounting Times Jan-Feb 1998 6. Ranked No. 2 - among schools with 100 candidates and above per PRC Regulatory Report (1992-1996) 7. Ranked No. 3May 1997, May 1996 CPA Licensure Examinations (among schools with 101 candidates and above) 8. Ranked No. 2October 1995 CPA Licensure Examination (among schools with 101 candidates and above) 9. USC is the only school in category II (among schools with 51-100 candidates) obtaining a passing percentage above the national passing percentage, May 1995 10. Ranked No. 1October 1994 & No. 2May 1994 CPA Licensure Examinations (among schools with 101-200 candidates) 11. Ranked No. 1 in the CPA Licensure Examinations given for the last 10 years (among schools with 101200 candidates) 12. Recipient of three top achievement awards obtaining the second highest in the CPA Licensure Examinations in October 1990, May 1991, and October 1991

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P. del Rosario Street, Cebu City 6000

COLLEGE OF COMMERCE
BACHELOR OF SCIENCE IN ACCOUNTANCY (BSA)

Producers of CPA board topnotchers as follows: Year 2000-2006 1990s 1980s 1970s 1960s 1950s No. of topnotchers 21 25 27 10 5 5

CONTACT US @ POSSIBLE EMPLOYMENT OPPORTUNITIES FOR BS-ACCOUNTANCY GRADUATES CPAs can wear many hats. They are chief financial officers for top corporations, advisors to small neighborhood business. They work for public accounting firms, big, small and large; Commerce & Industry; Education; and Government. They are well-respected strategic business advisors and decision-makers. They act as consultants on many business issues, including taxes and accounting. Fr. Mark C. Mathias, SVD., Ph.D. Dean, College of Commerce E-mail: commdean@usc.edu.ph Mr. Challoner A. Matero, CPA, MBM, CIA Chair, Department of Accountancy E-mail: bsadept@usc.edu.ph Atty. Christopher C. Malaya, CPA Assistant Chair, Department of Accountancy E-mail: bsadept@usc.edu.ph

AIMS OF THE DEPARTMENT OF ACCOUNTANCY 1. 2. 3. 4. 5. 6. 7. 8. To develop professionally competent and socially responsible graduates equipped with Christian values as they act as change agents in local, national and global communities; To provide adequate training applying innovative and experiential approaches to prepare them for the Certified Public Accountants Licensure Examination, professional practice and entrepreneurship; To continually update curricular and instructional programs to meet the demands of national and global standards in varied fields of specialization; To coordinate with other colleges and departments in the implementation of curricular programs, cocurricular and extra-curricular activities for accountancy and non-accountancy students; To maintain the standards of excellence in teaching, through application of student-centered instructional approaches and continuing education of faculty; To undertake researches based on the Research Agenda of the college and the university and ensure that research outputs are utilized in enhancing teaching and learning. To sustain linkages with industry and government through community-oriented projects involving students of practicum courses and alumni in their respective work organizations; To collaborate with students in their efforts to develop their leadership potentials through involvement in student organizations.

University of San Carlos College of Commerce Department of Accountancy P. Del Rosario Street 6000 Cebu City Philippines Telephone No. +63 32 253-1000 local 210 +63 32 253 3166

www.usc.edu.ph