BMGMNT4(3 units) / Description:
HUMAN BEHAVIOR IN THE ORGANIZATION / Effectivity:
1st Semester,
SY 2011-2012 / Date Revised
June 1, 2011 / Prepared by:
Belen B. Apostol, MBA / Approved by:
Kareen B. Leon, CPA / Page 2 of 3
SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
General Luna Road, Baguio City
UB VISION
In pursuit of perfection, the University of Baguio is committed to provide balanced quality education by nurturing academic excellence, relevant social
skills and ethical values in a fun-learning environment.
UB MISSION
The University of Baguio educates individuals to be empowered professionals in a global community.
INSTITUTIONAL OBJECTIVES (REVISED 2011) The University of Baguio aims to produce a graduate who:
1. exemplifies a higher standard of learning;
2. manifests the mastery of relevant skills;
3. upholds a conduct that is rightful and just;
4. undertakes scientific and significant researches;
5. advocates sustainable programs for the community and the environment; and
6. leads and demonstrates exemplary performance in the field of specialization.
Course Title:BMGMNT4(3 units) / Description:
HUMAN BEHAVIOR IN THE ORGANIZATION / Effectivity:
1st Semester,
SY 2011-2012 / Date Revised
June 1, 2011 / Prepared by:
Belen B. Apostol, MBA / Approved by:
Kareen B. Leon, CPA / Page 2 of 3
SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
General Luna Road, Baguio City
SCHOOL MISSION
The University of Baguio educates individuals to be empowered professionals in a global community. The School of Business Administration and Accountancy edifies competitive and morally upright individuals.
SCHOOL OBJECTIVES
The School of Business Administration and Accountancy aims to produce a graduate who:
1. cultivates the knowledge that is imperative for success in globalized setting;
2. displays expertise appropriate to the profession;
3. typifies professional integrity with humility;
4. undertakes researches to promote systematic bases for business decisions;
5. utilizes macro-environmental acumen for economic growth and development; and
6. exhibits commendable accomplishments in business and accountancy.
PROGRAM OBJECTIVES
The Bachelor of Science in Accountancy Program aims to produce a graduate who:
P1. applies accounting knowledge to meet the demands of the business community;
P2.demonstrates high proficiency in the practice of the profession;
P3.conforms with the highest degree of ethical standards;
P4.employs researches to elevate professional knowledge and skills in sound business decisions;
P5.satisfies the demands of a dynamic industry for a better community;
P6.typifies excellences in the practice of the accounting profession.
CORE VALUES
1. Professional Ethics
2. Integrity
3. Objectivity and Independence
4. Professional Competence and Due Care
5. Confidentiality
6. Professional Behavior
7. Fairness
8. Transparency
9. Accountability
10. Hard Work
11. Honesty
12. Patience
13. Diligence
14. Innovativeness
15. Risk-taking
1. Program Learning Outcomes (PLO) vis-a-vis Program Objectives
Program Learning Outcomes / PROGRAM OBJECTIVESP1 / P2 / P3 / P4 / P5 / P6
O1. Students graduate to become professionals imbued with high moral/ethical standards. / √
O2. Graduates are highly competitive with their acquired knowledge, skills and values in the practice of their profession. / √ / √ / √
O3. Graduates are confident of their academic and industry preparations and the entry competencies learned to tackle the rigors of the business world. / √ / √ / √
O4. Students can carry out researches that can be utilized in the community and in the business profession. / √
O5. Students recognize their responsibility and accountability as professionals and as workers in the community. / √ / √
O6. Students become aware of and strive for their physical, mental and spiritual well-being. / √ / √ / √ / √ / √ / √
O7. Students are prepared to meet the needs and demands of global employment without losing the Filipino spirit. / √ / √ / √ / √ / √ / √
O8. Students become aware of their responsibility to the environment and participate actively in environmental programs. / √ / √
2. Course Objectives vis-a-vis Program Learning Outcomes
Course Learning Objectives (CLO) / PROGRAM LEARNING OUTCOMESO1 / O2 / O3 / O4 / O5 / O6 / O7 / O8
Cognitive: At the end of the course the students should:
C1. identify the general principles of income taxation; / √ / √ / √ / √ / √ / √ / √ / √
C2. demonstrate a sufficient comprehensive knowledge in income taxation; / √ / √ / √ / √ / √ / √
C3. distinguish the different taxpayers and the appropriate income taxation scheme; / √ / √ / √ / √ / √ / √ / √
C4. Distinguish the various types of transactions covered by the National Internal Revenue Code of the Philippines; / √ / √ / √ / √ / √ / √ / √ / √
Affective: At the end of the course the students should :
C5. develop the value of honesty, objectivity and perseverance; / √ / √ / √ / √ / √ / √ / √ / √
C6. realize the contributions of taxation in the community and the country; / √ / √ / √ / √ / √ / √ / √ / √
C7. appreciate the role of income taxation in nation building; / √ / √ / √ / √ / √ / √ / √ / √
Psychomotor: At the end of the course the students should:
C8. apply the principles and concepts of income taxation / √ / √ / √ / √ / √ / √ / √
C9. apply the skills in systematic problem solving. / √ / √ / √ / √ / √ / √ / √
C10. solve taxation problems within the minimum speed required in the CPA Licensure Examinations; / √ / √ / √ / √ / √ / √ / √
Course Description
This course acquaints the principles of Income Taxation for individuals and businesses. It discusses the impact of taxation on the industry’s growth and developments. It focuses on tax rates and computation of taxes due as well as when, how and where to file the taxes due.
Pre-requisite/s
BACTNG1 and BACTNG2
I. DETAILED COURSE OUTLINE:
Session Learning Objectives/Goals (SLO/G) / Content Topic / Outcomes Based Methodologies/Strategies & Approaches / Learning Outcomes / TimeAllotment / Values / Evaluative Measures / PRC TOS (if applicable)
First Grading Coverage / 36 hrs
At the end of the session the student should be able to internalize the general principles of taxation. / 1. Basic Principles:
1.1 Taxation
· Definition, nature and basis of taxation
· State powers
o Police Power
o Eminent Domain
o Taxation
· Importance or purpose of Taxation
· Aspects of taxation
· Basic principles of sound tax system
· Situs of taxation
· Limitations on the powers of taxation
o Inherent
o Constitutional
· Doctrines in taxation
o Prospectivity of tax laws
o Imprescriptibilitiy
o Double taxation
o Escapes from taxation
o Exemption
o Equitable recoupment
o Set-off of taxes
o Taxpayer’s suit
o Compromises
o Marshall doctrine
o Holmes doctrine / Lecture-discussion / At the end of the unit, the students are expected to be able to learn the basic principles of taxation by being able to :
1. internalize the definition of taxation;
2. explain the nature and basis of taxation ;
3. identify the inherent powers of the state;
4. elucidate the importance of taxation;
5. differentiate the aspects of taxation;
6. learn the distinction between the basic principles of a sound tax system;
7. pinpoint the situs of taxation;
8. discriminate between the constitutional and and inherent limitation of taxation; and
9. internalize the doctrines of taxation . / 12 hrs / Professional Competence and Due Care / Quiz, Assignments, Research, Recitation
At the end of the session the student should be able to distinguish the various classifications of taxes, the rationale of their implementation and the different taxing authorities of the country. / 1.2 Taxes
· Definition of tax
· Essential characteristics of tax
· Classification of taxes
· Tax distinguished from other fees
1.3 Tax laws
· Definition
· Nature of tax laws
· Sources of tax laws
o Constitution
o Statutes
o Executive Orders
o Revenue Regulations
o BIR Circulars/rulings
o Judicial decisions
o Local tax ordinances
o Tax administration
o Commission
o Land Transportation Office
· Powers and duties of the BIR
o Assessment
o Assessment period
o Assessment procedure
o Collection
o Remedies / Lecture-discussion / At the end of the unit, the student is expected to be able to:
1. differentiate the concept of taxation from taxes through its definition, characteristic and comparison from other charges; and
2. internalize and learn the definition, nature, and sources of tax laws; and
3. identify the powers and duties of the BIR. / 8 hrs / Objectivity and Independence / Recitations, Group Activity, Quiz
At the end of the session the student should be able to distinguish the various types of taxpayers, the taxation schemes applicable and their respective allowable deductions in general. / 1.4 Taxes on individuals
· Classification of individual taxpayers
o Resident citizens
o Non-resident citizens
o Resident Alien
o Special Alien
· Capital Gains and Passive Income
· Personal Exemptions
· Taxpayers allowed for personal exemption
· Taxpayers NOT allowed personal exemption
· Kinds of personal exemptions
o Additional exemption
o Special deductions
o Change status
· Taxable income and tax due / Lecture-discussion, Group discussion, Problem solving / At the end of the unit, the student is expected to be able to:
1. differentiate the various types of taxpayers and the applicable taxation scheme;
2. identify the various sources of income;
3. identify the allowable deductions of a taxpayer, if any; and
4. compute the proper tax due of an individual taxpayer. / 10 hrs / Professional Competence and Due Care / Board exercises, Recitations, Seat work, Presentation of answers
First Grading Examination / 6 hrs
Subtotal: 36 hrs
Midterm Coverage / 36 hrs
At the end of the session the student should be able to identify corporate taxpayers as defined by the NIRC and the applicable taxation schemes and rates. The students should also be able to identify taxable partnerships and joint ventures. / 2. Income tax on domestic corporation
2.1 Capital gains
· Passive income with final tax
· Other income
2.2 Minimum Corporate Income tax
2.3 Quarterly and year-end income tax
2.4 Improperly Accumulated Income Tax
3. Income tax on partnership, joint ventures and other partnerships
3.1 General professional partnership
3.2 Certain joint ventures
3.3 Other partnership / Lecture-discussion, Problem solving / At the end of the unit, the student is expected to be able to:
1. define corporations within the purview of the NIRC
2. differentiate an individual taxpayer from a corporate taxpayer;
3. identify the various taxation schemes implemented on a corporate taxpayer;
4. distinguish the difference between a General Professional Partnership and an Ordinary Business Partnership; and
5. define joint ventures within the purview of the NIRC; and
6. compute for the proper amount of tax due, if any. / 8 hrs / Objectivity and Independence / Board exercises, Recitations, Quiz
At the end of the session the student should be able to differentiate taxable and non-taxable co-ownerships and the proper taxation scheme. / 4. Income tax on co-ownership / Lecture-discussion, Problem solving / At the end of the unit, the student is expected to be able to;
1. define co-ownerships within the purview of the NIRC;
2. distinguish a taxable a non-taxable co-ownership; and
3. compute for the proper amount of tax due, if any. / 2 hrs / Objectivity and Independence / Recitations, Seat work
At the end of the session the student should be able to identify and differentiate taxable and non-taxable estates and trusts, the appropriate taxation. / 5. Income tax on estates and trusts / Lecture-discussion, Problem solving / At the end of the unit, the student is expected to be able to;
1. define estates and trusts within the purview of the NIRC;
2. distinguish a taxable a non-taxable estates and trusts;
3. identify the income generated by an estate covered by the rules on income taxation;
4. consolidate trusts that qualifies as such; and
5. compute for the proper amount of tax due, if any. / 2 hrs / Objectivity and Independence / Board exercises, Recitations, Quiz
At the end of the session the student should be able to define and internalize the concept of gross income and its components. / 6. Concept of Income
6.1 Gross Income
· Sources of income
· Exclusion from income
· Gross income from business
· Professional or service Income
· Passive Income
· Capital Gain
6.2 Sources of Income
· Within the Philippines
· Without the Philippines
· Partly within and partly without the Philippines
· Forms of Income / Lecture-discussion, Group Activity, Problem solving / At the end of the unit, the student is expected to be able to;
1. define the concept of gross income;
2. compute the proper amount of gross income subject to section 24(a) and 27(a) of the NIRC.
3. Identify income which have already been taxed under the final tax system and be able to exclude it from the computation of gross income;
4. identify the source of income whether it is earned from within or without the country; and
5. apply the proper taxation scheme to transactions. / 10 hrs / Objectivity and Independence / Board exercises, Recitations, Seat work
At the end of the session the student should be able to identify the different fringe benefits afforded to employees, the variation of taxation treatment due to respective recipients and the different tax rates applicable. / 7. Fringe benefit and fringe benefit tax
7.1 Definition
7.2 Scope
7.3 Valuation
· Housing
· Expense
· Motor vehicle
· Interest
· Fees
· Educational Assistance
· Life/Health Insurance
· De minimis benefits / Lecture-discussion, Case Analysis, Problem solving / At the end of the unit, the student is expected to be able to: