Senior High School’s
ACCOUNTANCY, BUSINESS AND MANAGEMENT STRAND
Specialized and Core Subjects
COURSE DESCRIPTION
Organization and Management- This course is designed to familiarize the students with the
basic concepts, principles, and processes related to business organization, and the functional
areas of management. Particular emphasis will be given to the study of management functions
like planning, organizing, leading, and controlling, and orient the students on the importance of
these functions and the role of each area in entrepreneurship.
Business Mathematics- This course will provide an understanding of the basic concepts of
mathematics as applied in business. It includes a review of the fundamental mathematics
operations using decimals, fractions, percent, ratio and proportion; mathematics concepts and
skills in buying and selling, computing gross and net earnings, overtime and business data
presentation, analysis and interpretation. The use of computer and software applications for
computation and data presentation is encouraged.
Principles of Marketing- This course deals with the principles and practices in marketing goods
and services. It also focuses on the development of integrated marketing programs that will help
grow businesses.
Fundamentals of Accountancy, Business and Management 1- This is an introductory course
in accounting, business, and management data analysis that will develop students’ appreciation
of accounting as a language of business and an understanding of basic accounting concepts and
principles that will help them analyze business transactions.
Fundamentals of Accountancy, Business and Management 2- The course deals with the
preparation and analysis of financial statements of a service business and merchandising business
using horizontal and vertical analyses and financial ratios. Knowledge and skills in the analysis
of financial statements will aid the future entrepreneurs in making sound economic decisions.
Business Finance- This course deals with the fundamental principles, tools, and techniques of
the financial operation involved in the management of business enterprises. It covers the basic
framework and tools for financial analysis and financial planning and control, and introduces
basic concepts and principles needed in making investment and financing decisions. Introduction
to investments and personal finance are also covered in the course. Using the dual-learning
approach of theory and application, each chapter and module engages the learners to explore all
stages of the learning process from knowledge, analysis, evaluation, and application to
preparation and development of financial plans and programs suited for a small business.
Applied Economics- This course deals with the basic principles of applied economics, and its
application to contemporary economic issues facing the Filipino entrepreneur such as prices of
commodities, minimum wage, rent, and taxes. It covers an analysis of industries for
identification of potential business opportunities. The main output of the course is the
preparation of a socioeconomic impact study of a business venture.
Business Ethics and Social Responsibility- The course deals with the fundamental concepts,
principles, and practices of ethical standards in the business environment. It combines the
theoretical foundations of setting up business enterprises with the conduct of entrepreneurial
activities in the context of one’s accountability and social responsibility. Specifically, the course
aims to:
(1) provide students with a basic understanding of the mechanisms whereby companies can be
made to act in the best interest of shareholders, other stakeholders, and society as a whole;
(2) provide students with knowledge of general ethical principles as applied to the special
situations of business and the ability to make informed judgments through case analyses; and
(3) equip students with the ability to formulate basic strategies in relation to corporate ethics and
governance.
Business Enterprise Simulation- The course integrates all the key concepts and processes of
Accounting, Business and Management (ABM) as applied in real-life activities following the
business cycle: business opportunity search, product/ service development, business formation
and organization business implementation and control, business wind-up, and relevant
management reporting in the context of ethical standard and social responsibility. Technologies
are used in a business enterprise as appropriate.
Entrepreneurship- This course deals with the concepts, underlying principles, processes and
implementation of a business plan. The preliminaries of this course include the following:
1) discussion on the relevance of the course;
2) explanation of key concepts of common competencies;
3) explanation of core competencies relative to the course; and
4) exploration of career opportunities.
REFERENCE: Curriculum Guide (updated 2019), Department of Education
