About Bachelor of Science in Accountancy

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Bachelor of Science in Accountancy

The Bachelor of Science in Accountancy (BSA) program was established in 2016, laying the foundation for excellence in accounting education.

The Bachelor of Science in Accountancy (BSA) is a four-year course and a premier program designed to produce competent professional accountants capable of making a positive contribution over their lifetimes to the profession and society. The Bachelor of Science in Accountancy (BSA) program provides a foundation of professional knowledge, professional skills, and professional values, ethics, and attitudes that enable students to continue to learn and adapt to change throughout their professional lives. The program is primarily focused on developing the proficiency required to pass the Certified Public Accountant (CPA) Licensure Examination and to succeed in various sectors of

accounting practice.

Program Objectives

The graduates of the UA&P Bachelor of Science and Accountancy (BSA) program will be liberally educated professionals who live and spread the Christian spirit in the workplace and society. As future accounting professionals, they will embody the values of competency, integrity, and collaboration, which are articulated in the following program outcomes and performance indicators:

a. Financial and non-financial proficiency for informed decision making

Provide helpful interpretations of financial and non-financial information based on applicable standards and practice.
Evaluate and manage business processes, risks and controls, considering the implication of laws, regulations and standards.

b. Strong commitment to ethical considerations

Identify and address ethical dilemmas in business decision-making.
Uphold the values of honesty, objectivity, and confidentiality in all professional interactions.

c. Interpersonal skills for collective success and engagement

Communicate clearly and tactfully in both oral and written expression.
Produce high-quality output while working with diverse groups of people.

Career Opportunities

Public Practice

Entry-Level: Audit Staff, Tax Staff, Management Consulting Staff
Middle-Level: Audit Manager, Tax Manager, Consulting Manager
Advanced: Audit Partner, Tax Partner, Consulting Partner

Commerce & Industry

Entry-Level: Financial Analyst, Accounting Staff, Internal Audit Staff
Middle-Level: Financial Manager, Controller, Internal Audit Manager
Advanced: Chief Financial Officer (CFO), Chief Audit Executive

Government

Entry-Level: Government Accounting Staff, Revenue Officer, Audit Examiner
Middle-Level: State Accountant, Tax Manager, Senior Audit Examiner
Advanced: VP Finance of GOCCs (Government-Owned and Controlled Corporations), BIR Commissioner, COA / BOC Commissioner

Education

Entry-Level: Accounting Instructor, Research Assistant
Middle-Level: Department Chair, Associate Professor
Advanced: Dean, Full Professor

Retention Requirements

Qualifying Exams Overview

The BS Accountancy (BSA) Program is a time for rigorous training for a fulfilling career as a Certified Public Accountant (CPA), which begins with the successful passing of the Licensure Examination for CPAs (LECPA). The qualifying exams (QE) are held to assess each student’s gradual preparedness for the LECPA at the end of each year of study.

All BS Accountancy (BSA) students take a QE at the end of their 1st year, 2nd year, and 3rd year of the curriculum, except those who are exempted based on the criteria given in the next subsection. The passing grade per qualifying exam is 75. The 1st year and 2nd year QEs are administered in two modes: written (70%) and oral (30%), while the 3rd year QE is a written exam only. All QEs are a combination of theory and problem questions.

First Year Retention Policy

Students who receive a final grade of at least 1.50 in each of the following subjects are EXEMPTED from the 1st Year QE:

ACC111.1 Financial Accounting and Reporting 1 (3 units)
ACC111.2 Financial Accounting and Reporting 2 (3 units)

All other students are required to take the exam. Those who fail the QE are required to retake the QE after undergoing a Fundamentals of Accounting Bootcamp. Those who pass will advance to the 2nd year. Those who retake the QE and fail a second time are advised to shift out of the BSA Program.

Second Year Retention Policy

Students who receive a final grade of at least 1.50 in each of the following subjects are EXEMPTED from the 2nd Year QE:

ACC112.1 Intermediate Accounting 1 (6 units)
ACC112.2 Intermediate Accounting 2 (6 units)

All other students are required to take the exam. Those who fail the QE are advised to shift out of the BSA Program. Those who pass will advance to the 3rd year. There are no retakes or bootcamps for the 2nd Year QE.

Third Year Retention Policy

Students who receive a weighted average (WA) of at least 1.75 for the following subjects are EXEMPTED from the 3rd Year QE. The WA is calculated based on the student’s first take of the following courses:

ACC414 Accounting for Government and Non-Profit Organizations (3 units)
ACC115 Cost Accounting and Control (3 units)
ACC413 Accounting for Special Transactions (3 units)
ACC121 Financial Management (3 units)
ACC401 Valuation Methods (3 units)
ACC123 Strategic Cost Management (3 units)
ACC133 Income Taxation (3 units)
ACC134 Business Taxation (3 units)
ACC391 Auditing and Assurance Principles (3 units)
ACC124 Accounting Information System (3 units)
ACC392 Auditing and Assurance: Concepts and Applications (6 units)

All other students are required to attend an intensive review course before taking the 3rd Year QE. Those who pass will advance to the 4th year. Those who fail the QE after having attended the review course are advised to shift out of the BSA Program.