FUNDAMENTALS OF ACCOUNTING, BUSINESS AND MANAGEMENT 2

BUDGET OF WORK
FIRST SEMENTER

PERFORMANCE
CONTENT CONTENT STANDARD LEARNING COMPETENCIES CODE No. of Days
STANDARDS
1. Statement of The learners demonstrate an The learners shall be able to… The learners… identify the elements
ABM_FABM12-Ia-b-
Financial understanding of… 1. of the SFP and describe each of 1
1
Position (SFP) solve exercises and problems them
account titles under the assets, that require preparation of an 2. classify the elements of the SFP into
liabilities, and capital accounts of SFP for a single proprietorship current and noncurrent items ABM_FABM12-Ia-b-2 1
the Statement of Financial with proper classification of
Position, namely, cash, accounts as current and 3. prepare the SFP of a single
receivables, inventories, prepaid noncurrent using the report form ABM_FABM12-Ia-b-3 3
proprietorship
expenses, property, plant and and the account form
4. prepare an SFP using the report
equipment, payables, accrued
expenses, unearned income, form and the account form with
proper classification of items as
long-term liabilities and capital ABM_FABM12-Ia-b-4 3
current and noncurrent
that will equip him / her in the
preparation of the SFP using the
report form and account form
2. Statement of the service income and solve exercises and problems 1. identify the elements of the SCI and
Comprehensive operating expenses of a service that require preparation of SCI describe each of these items for a
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Income (SCI) business as well as sales, contra for a service business and a service business and a
sales, purchases, contra merchandising business merchandising business
purchase accounts, cost of 2.
goods sold and general prepare an SCI for a service business
administrative and selling ABM_FABM12-Ic-d-6 3
using the single-step approach
expenses of a merchandising
business that will equip him / her 3. prepare an SCI for a merchandising
in the preparation of the SCI for
both service and merchandising business using the multistep ABM_FABM12-Ic-d-7 3
businesses approach
 3. Statement of the forms of business solve exercises and problems 1.
Changes in organization, namely, single that require preparation of an discuss the different forms of
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Equity (SCE) proprietorship, partnership, and SCE for a single proprietorship business organization
corporation, and the
structure of a SCE of a single 2.
proprietorship that will equip prepare an SCE for a single
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him / her in the preparation of proprietorship
the said financial report
4. Cash Flow the components and the solve exercises and problems 1. discuss the components and
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Statement structure of a CFS that will equip that require preparation of a CFS structures of a CFS
(CFS) him / her in the preparation of 2. prepare a CFS ABM_FABM12-If-11
the said financial report 2
5. Analysis and the methods or tools of analysis solve exercises and problems 1. define the measurement levels,
Interpretation of financial statements to that require computation and namely, liquidity, solvency, stability,
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of Financial include horizontal analysis, interpretation using horizontal and profitability
Statements vertical analysis, and financial analysis, vertical analysis, and
ratios to test the level of various financial ratios 2. perform vertical and horizontal
liquidity, solvency, profitability, analyses of financial statements of a
and stability of the business Using the downloaded sample ABM_FABM12-Ig-h13 2
single proprietorship
financial statements, he / she
performs horizontal and vertical
analysis, computes various 3. compute and interpret financial
financial ratios and interprets ratios such as current ratio, working
the level of liquidity, solvency, capital, gross profit ratio, net profit
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stability, and profitability of the ratio, receivable turnover, inventory
business turnover, debt-to-equity ratio, and
the like

Prepared by: Noted by: Approved by:

EMARILYN D. BAYOT GREG L. SANGALANG BEVERLY B. GLORIA

Subject Teacher SHS Coordinator Principal I