The College of Accountancy traces its origin to the year 1990 during the incumbency of the Most Rev. Jesus C. Galang, D.D. with the issuance of DECS Order No. 5, Series of 1990, which eventually phased-out the course offering, Bachelor of Science in Commerce – Major in Accounting, as embodied in the transitory provisions of the Policies and Standards for Accounting Education. In its place was the adoption of the course “Bachelor of Science in Accountancy” which started as a four-year course.
On September 24, 1992, the four-year Bachelor of Science in Accountancy program was granted Government Recognition by the Department of Education, Culture and Sports.
In 1993, the College’s one hundred and seventeen students were the University’s first batch to graduate with the degree, Bachelor of Science in Accountancy.
At the initiative of the PICPA, the University adopted the five-year curriculum starting school year 1997-1998.
On January 27, 2010, The Commission on Higher Education granted the University of the Assumption Government Recognition to offer the four-year degree program, Bachelor of Science in Accounting Technology, effective Academic Year 2010-2011.
OBJECTIVES
A graduate of Bachelor of Science in Accountancy and/or Bachelor of Science in Accounting Technology should be able to:
- Articulate and discuss the latest developments in the field of Accounting Technology;
- Effectively communicate orally and in writing using both English and Filipino;
- Work effectively and independently in multi-disciplinary and multi-cultural teams;
- Define the basic functions of management such as planning, organizing, staffing, directing, leading, and controlling;
- Identify the basic concepts that underlie each of the functional areas of and apply these concepts to business situations;
- Apply the proper decision tools to critically, analytically, and creatively solve problems and derive results;
- Demonstrate working knowledge in the areas of financial accounting and reporting, cost accounting and management, management accounting, auditing, accounting information systems, and accounting research;
- Employ technology as a business tool in capturing financial and non-financial information, in preparing reports, and in making decisions;
- Apply acquired knowledge and skills to pass the examinations for Certified Accounting Technicians; and,
- Appraise ethical problems and issues in practical business and accounting situations, and recommend appropriate course of action that adheres to the professional code of ethics.