Lyceum of the Philippines University

Cavite Campus
College of Business Administration
Effective First Semester AY 2017 - 2018

SYLLAB U S

Subject Code : ACCL09B

Subject Title : Management Consultancy
No. of Units : Three (3) units
Lecture/Lab Hours : Three (3) hours weekly
Pre-requisite : ACCL06B

Educational Philosophy
Lyceum of the Philippines University (LPU), an institution of higher learning, inspired by the ideals of Philippine
President Jose P. Laurel is committed to the advancement of his philosophy and values: Veritas et Fortitudo (Truth and
fortitude) and Pro Deo et Patria (for God and Country)

Vision
An internationally accredited university dedicated to innovation and excellence in the service of God and Country.

Mission
Lyceum of the Philippines University, espousing the ideals of Jose P. Laurel, is committed to the following
mission:

1. Advanced and preserve knowledge by undertaking research and disseminating and utilizing the results –
RESEARCH
2. Provide equitable access to learning through relevant, innovative, industry-based and environment-conscious
programs and services in the context of nationalism and internationalism – INSTRUCTION and QUALITY
SERVICE
3. Provide necessary knowledge and skills to meet entrepreneurial development and the managerial requirements of
the industry – INSTRUCTION
4. Establish local and international linkages that will be the source of learning and growth of the members of
academic community – INSTRUCTION and INSTITUTIONAL DEVELOPMENT
5. Support a sustainable community extension program and be a catalyst for social transformation and custodian of
Filipino culture and heritage – COMMUNITY EXTENSION
6. Build a community of God-centered, nationalistic, environment conscious and globally competitive professionals
with wholesome values and attitude – PROFESSIONALISM and VALUES

Core Values
L – Love of God J - Justice
P – Professional Integrity N – Nationalism P - Perseverance
U – Unity L – Leadership

Learning Goals
At the end of the program, the students should be expected to:

Competencies Learning Goals

1. Communication Show ability to express their own thoughts, ideas and opinions in both oral and written
form.
2. Information Retrieval & Possess ability to process, record, summarizes information and produce reports through
Evaluation the use of computers.
3. Proactive and Spiritual Develop love for God and Country as embodied in the LPU educational philosophy,
Values mission and vision.

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4. Teamwork and Leadership Develop leadership ability and community spirit by engaging in activities that requires
teamwork.
5. Creative and Analytical Demonstrate the ability to link data from different sources in order to arrive at the correct
Thinking solutions to problems.
6. Computer Literacy Be conversant with IT concepts and acquire sound knowledge in the application of
computer in the protection of data.
7. Entrepreneurial Acquire knowledge in business concepts, operations and other entrepreneurial skills.

College Vision
To be recognized as the center of excellence in Accountancy, Business Administration, Custom Administration and
Real Estate Management that developed responsible business leaders and nurtures entrepreneurial attitudes, skills
and competencies.

College Mission
Commitment towards the formation of competent, socially oriented, spiritually integrated and globally competitive
business professionals through
1. Continuous discovery of new knowledge by undertaking relevant researches
2. Innovative teaching strategies
3. Involvement in community outreach and services
4. Development of positive attitudes and ethical values.

College Objectives
Today’s business leaders seek employees who have both the knowledge and experience necessary to make
immediate and significant contribution to the workplace. The academic programs of the College of Business
Administration are designed to meet this demand by
1. inculcating in the students the social, moral, spiritual and ethical values,
2. providing the necessary knowledge and skills to meet entrepreneurial requirements,
3. developing the students to become globally competitive graduates who possess the necessary skills in
communication and leadership and information technology, and
4. training the students to become creative and analytical thinkers.

Program Objectives:
1. To produce competent professional accountants capable of making positive contributions to the profession.
2. To develop and maintain an attitude of learning to learn to adapt to change.
3. To develop professional accountants with appropriate values, ethics and attitudes
4. Prepare students for the CPA licensure examinations and for a successful long-term professional accounting career.

Program Outcomes
Upon completion of the program, a BSA graduate is expected to
1. Be equipped with the technical knowhow in accounting, business law, taxation and financial management.
2. Possess with knowledge and skills, values and ethics needed to succeed in a long-term professional career.
3. Pass the CPA licensure examinations

Course Description:
This course involves the study of the basic considerations of management consultancy engagement performed by CPAs.
The different areas of management consultancy, the professional attributes of management consultants and the ethical
considerations in rendering management accounting services are discussed. It also covers preparation and presentation of a
project feasibility study, information system engagement, management and operations audits, and business process
improvements.

Learning Objectives:
1. Affective
1.1 Render management consultancy services in accordance with established ethical requirements.

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1.2 Develop the attitude of a service oriented management consultants where integrity is a primary consideration
2. Cognitive
2.1 Know the importance of MAS in the efficient operations of a business.
2.2 Enumerate the areas of MAS and the professional attributes of management consultants
2.3 Have clear understanding of the code of ethics for MAS practice in the Philippines and apply the same in the practice of
MAS.
3. Psychomotor
3.1 Acquire all the necessary knowledge to be able to practice management consultancy with the quality of services as
required by the professional standards
3.2 Analyze, collate and interpret data in order to arrive at proper recommendation to management.
3.3 Prepare and defend feasibility studies.

COURSE OUTLINE:
Learning Objectives Subject Matter No. of hours/
Week
Relate the VMO of LPU- Introduction to the Course 1
CAS to the course  Introduction of oneself (1.5 hrs.)
 Review of University and College
Inform the students on the VMO as applied to the course
rules and regulations,  Overview of the course
expectations and course  Discussion of requirements and class
requirements. policies
 Expectations setting
Internalize the mission and
vision of the university

For the students to be • Research principles 1

familiar with the principles • Community Service (1.5 hrs.)
and basic applications of
research.

To introduce to the students

the concepts of community
service.
Acquire knowledge and 1. Basic Considerations in MAS
explain with ease the basic • Evolution of MAS 2
considerations in the • Nature and role of MAS by
performance of MAS Independent Accounting Firms (3 hrs.)
including the service areas 2. Areas of MAS
and the professional 3. Professional Attributes of
attributes of an MAS Management Consultants
practitioner
Understand and apply the 4. MAS Practice Standards and Ethical
code of ethics for MAS Considerations 3
• Code of ethics for MAS in the
Philippines (3 hrs.)
• Code of Ethics for Management in
accordance with AICPA, IMC
and AMCF
Explain the different stages 5. Organization and Management of
of MAS MAS 4&5
6. Stages of MAS Engagement (3 hrs.)
• Negotiating the engagement
• Planning the engagement
• Problem Definition
• Data gathering and analysis

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 • Solution Development
• Preparation and presentation of
recommendation
• Implementation of the
recommendation
• Evaluating the engagement and
post-engagement follow up
PRELIMINARY EXAM 1.5 hrs.
Subtotal hours 13.5 hrs.
Classify the areas of MAS 7. Areas of Management Consultancy –
and explain the concept of Introduction 5
each area. • Project Feasibility Studies
• Information System Consulting (1.5 hrs.)
• Management and Operations
Audit
• Business Processes Improvement
• Other Areas
Demonstrate knowledge in 8. Management of the Client
dealing with clients in all Relationship 6
aspects of the MAS
engagement (3 hrs.)
Show understanding of the 9. Assignment Structure,
MAS concepts by Management and Control 7
preparation of the project 10. Management of people
plan which include project and relationships (3 hrs.)
delivery, monitoring, control
and reporting.
Apply MAS principles in 11. Conduct MAS Assignments
conducting MAS engagement • Identifying problems and 8
processes. formulation of solutions
• Identification and obtaining (3 hrs.)
information.
• Analysis of data, solution
selection and assessment of its
effectiveness
• Implementation of
recommendation.
Manage properly, in all 12. Managing the MAS Engagement
aspects the consulting • Quality Management System 9
engagement. • Risk Assessment
• Evaluation of the MAS (1.5 hrs.)
engagement
• Legislation, Ethics, Professional
Standards, and Consultancy
Code of Practice
• Individual practice of MAS
consultant.
MIDTERM EXAM 1.5 hrs.
Subtotal hours 13.5 hrs.
Perform consultancy with 13. Financial Management Related
financial management related Engagement 10 & 11
projects. • Working capital engagement
(Basic concepts, significance of (6 hrs.)
working capital, working capital
policies, advantages and

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 disadvantages of inadequate or
excessive working capital,
current assets financing policies,
etc.)
• Management of current assets
(Objectives, cash conversion
cycle, cash management, cash
flow management, managing
security investments, managing
receivables, managing
inventory)
• Short-term credit for financing
current assets.
• Long-term financing decisions
• Sources of financing
• Hybrid-financing
Demonstrate understanding 14. Project Feasibility Study
of the different aspects of a • Legal Requirements of of putting 12
project feasibility study by up a business
preparing and presenting one • Management aspect (3 hrs.)
project study. • Economic and Marketing aspects
• Technical Aspect
• Financial Aspects – Investment
costs and sources of financing
• Financial Aspect – Financial
projections
Acquire substantial 15. Information System Engagement
knowledge to be able to enter • Accounting Information System 13
into an engagement involving • Non-Accounting Information
information system. System (3 hrs.)
• Systems control and security
measures in a computerized
accounting system
Apply the audit procedures in 16. Operational and Management Audit
the context of management • Operational Audit 14
and operational audits • Management Audit
(3 hrs.)
Identify problems and plan 17. Business Process Improvement
for improvement • Process mapping, project 15
definition, data collection and
organization, process analysis. (3 hrs.)
• Improvement proposals with
analysis of costs – benefits
• Approval and implementation
Present and defend the 18. Presentation of Project Feasibility 16, 17 & 18
project feasibility study Study. (7 hrs.)
FINAL EXAM (2 hrs.)
Subtotal hours 27 hrs.
Total hours 54 hours

Textbook:
Management Advisory Services by Elenita Cabrera

References:
TITLE AUTHOR ED. C. DATE PUB. CALL NUMBER

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 Accounting for managers : Paul M. Collier. 2015 West Sussex, HF 5657.4 C65
interpreting accounting U.K. : John 2015
information for decision making Wiley and Sons,
c2015.
Accounting for decision making Jerold L. Zimmerman 8th 2014 New HF 5657.4 Z56
and control York:McGraw- 2014
Hill, c2014.
Management Consulting: Louise Wickham 4TH 2012 Pearson, 2012 HD 69 C6 W53
delivering an effective project 2012
Schaum's Outlines of Jae K. Shim 2012 McGraw-Hill, HF 5635 S551
Management Accounting 2012 2012
Managerial Accounting: Ray Proctor 4th 2012 Harlow, HF 5657.4 P73
Decision Making and England: 2012
Performance Management Pearson, c2012

Multimedia References:
en.wikipedia.org/wiki/Management accounting
http://www.investopedia.com/terms/m/managerialaccounting.asp
www.managerialaccounting.org/
http://www.referenceforbusiness.com/encyclopedia/Man-Mix/Managerial-Accounting.html
https://www.imanet.org/?ssopc=1
https://www.accountingcoach.com/blog/what-is-managerial-accounting

Course Requirements:
1. Creative Academic Performance
1.1 Attendance
1.2 Recitation
1.3 Quizzes
1.4 Seat works, Assignment, Class participation
1.5 Project/Research
2.Major Examinations
2.1 Preliminary Examinations
2.1 Midterm Examinations
2.3 Final Examinations

Computation of Grades:
G1 = 40% PE + 60% CAP1
G2 = 40% ME + 60% CAP2
G3 = 40% FE + 60% CAP3

FG = 33.33%G1 + 33.33%G2 + 33.34%G3

Where: G1 = Prelim Period Grade

G2 = Midterm Period Grade
G3 = Final Period Grade
CAP1 = Prelim Period Creative Academic Performance
CAP2 = Midterm Period Creative Academic Performance
CAP3 = Final Period Creative Academic Performance
PE = Prelim Examination
ME = Midterm Exam
FE = Final Exam
FG = Final Grade

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 Prepared and Updated by: Validated by: Endorsed by: Approved by:

Orlando DR. Manalang

Faculty Member

Reynaldo C. San Mateo Dr. Ramon C. Maniago

Melita Soriano Industry Advisory Dean/Associate Dean VPAA/Executive Dean
Chairperson/ Coordinator Board

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