Bachelor of Science in Accountancy


The Bachelor of Science in Accountancy (BSA) is a four-year program which provides general accounting education to learners who wish to pursue a professional career as accountants, particularly as public accountants for the civil service. The program develops accounting professionals who are steeped in the FEU core values, namely: Fortitude, Excellence, and Uprightness. The program of study is a balanced mix of general education, business and professional courses aimed at developing not only a competent professional but a morally upright citizen of the Philippines and of the world.

As a field of study, accountancy involves providing assurance and audit services for statutory financial reporting, tax-related services, and management advisory services. Accounting professionals assist various stakeholders in making economic decisions.

Students under the BSA program must complete a total of 4,578 hours of coursework inclusive of 600 hours of internship in auditing and accounting firms and other accredited business firms. They are also required to perform accounting research work and feasibility studies, among other assessments.

BSA graduates belong to Level VI (Baccalaureate) of the Philippine Qualifications Framework (under qualification code number 60411) and also under the ASEAN Qualifications Reference Framework. They are also qualified to take certification assessments from the Professional Regulation Commission – Board of Accountancy (PRC-BOA), along with other certifications from global professional accountancy organizations.

The Association of Chartered Certified Accountants (ACCA) has recognized and accredited the FEU BSA program for integrating into our syllabi the topics required to pass their international certification. The ACCA has also recognized FEU as its first university partner in establishing their Computer Based Examination (CBE) testing centers in the Philippines. The program is also a member of the ASEAN Accountancy Education Workgroup (AAEW).

Additionally, the BSA program has achieved Level IV accreditation status under the Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA) since 2015.

The program welcomes all interested students from any senior high school track provided they reach the required minimum score for BS Accountancy in the FEU College Admission Test (FEUCAT). All incoming first year students must adhere to the University’s admission requirements as prescribed by the Admission and Financial Assistance Office.

Click or tap on the following sections for more information about this program.

In its quest to achieve Center of Excellence in accountancy education, the BSA program aims to continuously develop and transform students into becoming relevant accounting and business professionals who can contribute to changes in building strong business organizations.

BSA also adheres with the prescribed objectives for accountancy education, as indicated in the Commission on Higher Education (CHED) memorandum order (CMO) no. 27, series of 2017. Under this mandate, the BSA program guided by the core values of Fortitude, Excellence and Uprightness, is committed to:

  • Create competent professionals capable of making a positive contribution to the profession and society;
  • Prepare the students for the Certified Public Accountants (CPA) Licensure Examinations; and,
  • Assure students of the opportunities for employment in various businesses, including government agencies by strengthening industry partnerships and linkages.

A graduate of the BS Accountancy program is expected to achieve the following learning outcomes:

  1. Analyze business transactions in accordance with the appropriate accounting and auditing standards, taxation and business laws.
  2. Prepare financial statements and other-related reports in accordance with applicable accounting and auditing standards, taxation and business laws.
  3. Utilize appropriate accounting/auditing information systems in managing business transactions.
  4. Identify the features of various business processes of global, e-commerce and emerging markets.
  5. Develop a strategic business plan using the management concepts and principles holistically.
  6. Interpret the business environment through various financial and management analysis.
  7. Evaluate accounting-related topics and contemporary issues through written inquiry and investigation.
  8. Apply relevant auditing standards to financial statements audit for reliable communication of results to stakeholders.
  9. Act with integrity, objectivity, professional competence and due care, confidentiality and professional behavior in accordance with Code of Ethics.
  10. Prepare income tax returns and other business documents in compliance with regulatory requirements.
  11. Pass the licensure examination and global certifications.
  12. Demonstrate leadership and interpersonal skills through collaborative work.
  13. Communicate effectively in a variety of domain including writing, speaking, listening and reading in the context of accounting and business.
  14. Adapt to changing environment by responding positively to challenges.
  15. Manifest the FEU core values – Fortitude, Excellence and Uprightness.

The career path in the accounting profession is charted first upon earning your degree, and second upon passing the licensure examination. This marks your entry point to the world of professional accounting.

As with other careers, accounting professionals begin with entry-level positions, such as a junior accountant or an associate auditor.

Upon gaining experience and responsibility in your organization, accounting professionals can eventually be promoted to supervisory and managerial positions in the field.

For those aspiring to engage in public practice as certified public accountants, entry-level positions include accounting and audit staff. After some experience, they can become junior accountants, senior accountants, supervisors, managers, and partners.

Accountants who have acquired the necessary expertise and mastery of the field may start their own public accounting firm should they wish.

Indeed, an accountancy career is unlimited and offers plenty of opportunities beyond being a bookkeeper and auditor. At the heart of any business, accountants are indispensable, as they are considered as financial specialists.

The following are some major industries where you can find job opportunities for accountants: manufacturing, utilities, banking and financial services, insurance, hospitals and other health care entities, and e-commerce.

Meanwhile, different areas of accounting that requires accountants are: public and private practice for auditing, taxation, management consultancy, industry and commerce, among others. Accountants may engage in financial accounting, cost accounting, government finance, local government and civil service, as well as in accounting education.

Following are some notable career options for accounting graduates:

  • Accountant
  • Accounting Assistant
  • Accounting Clerk
  • Accounts Payable Clerk
  • Accounts Receivable Clerk
  • Bookkeeping
  • Payroll Clerk
  • Staff Accountant
  • Tax Accountant
  • Budget Analyst
  • Certified Internal Auditor
  • Cost Accountant
  • Comptroller/Controller
  • Certified Public Accountant (CPA)
  • Accounting Supervisor
  • Accounting Manager
  • Budget Director
  • Chief Financial Officer (CFO)
  • Vice President for Finance

The BSA program uses varied approaches in accountancy education, adapting to the needs of our students and the demands of the changing global work environment in the accounting profession. This allows the program to stay competitive and relevant in the field.

Program Curriculum

Following the mandate of CHED, the 2018 BS Accountancy curriculum is now offered as a four-year program.

General Education (GE) courses comprise most of the required units during the first two years of the program. These are university-wide courses intended to develop the students’ key academic skills and competencies such as persuasive communication, analytic and creative thinking. The University upholds that developing such basic competencies helps prepare students towards becoming independent learners as they progress in their respective programs and eventually, their careers.

Alongside their GE courses, BSA students must also undertake basic professional accountancy courses, including Financial Accounting and Reporting (ACT1101), which covers fundamental accounting principles, and Law on Obligations and Contracts (LAW1101) which discusses pertinent laws related to the profession. These courses serve as the basis for the content of the qualifying examinations which are held at the end of the first and second years of the program. Students need to pass the qualifying examinations prior admission to the next year level.

Towards the end of their third year in the program, qualified students will take the comprehensive examination, which assesses their grasp of accounting concepts, as well as laws and principles in the profession. Afterward, students are required to perform accounting research works and feasibility studies and undertake 600-hour supervised apprenticeship training in various auditing and accounting firms and other accredited business firms.

Students are also trained to become well-rounded, socially and morally responsible citizens through the National Service Training Program (NSTP) and the Wellness and Recreation Program (WRP) of the University. Under WRP, students can choose to attend a diverse array of short courses intended to develop their physiological and emotional well-being as well as their sense of belonging in the community and their social responsibility.

Program Retention Policy

The BSA program maintains certain academic standards to monitor the students’ progress throughout their stay in the program and ensure that they are adequately prepared for higher professional courses. Ultimately, the program aspires to produce outstanding, ethical accounting professionals.

Retention in BSA includes meeting the program QPA requirements for each year level. For the first two years in the program, students must pass their basic courses in accounting, law and taxation, as well as the first and second qualifying examinations which are administered by the Institute. These qualifying examinations are designed to gauge the students’ acquired knowledge and skills from their key professional courses.

The BSA program strictly implements a no-retake policy for the qualifying examinations and failing thus would entail permanent disqualification from the program. The results are final, not subject for review and non-appealable. Non-qualifiers are advised to shift to other related programs such as in Bachelor of Science in Internal Auditing or the Bachelor of Science in Business Administration.

Towards the end of the third year under the program, students must have no failing grade in their accounting, law, and taxation subjects to remain in the program. They must also pass the Institute’s comprehensive examination which covers all major courses taken up in the third year. As with the qualifying exams, the comprehensive exam also has a no-retake policy.

Students who fail the comprehensive exam will be placed under program probationary status, which requires them to take a refresher course and a remedial comprehensive examination. Failing the remedial comprehensive exam results to disqualification from the program.

Teaching-Learning Approaches

Instruction in the BSA program integrates the use of reference materials, textbooks and online resources carefully selected by the Institute’s Faculty Library Committee. These include globally recognized accountancy education references such as SAP, Bloomberg, and Thomson Reuters.

Beyond industry-standard materials, the BSA program takes pride in its use of multiple teaching-learning approaches catering to students’ needs and empowering them as independent learners and outstanding accounting professionals in the future. These approaches include:

  • Student-Centered Learning

Following the University’s educational philosophy and learning paradigm, the BSA program utilizes methods which encourage active and collaborative learning engagements between the students and the teachers. Through dynamic activities and tasks, students are empowered to take responsibility for their own learning rather than become passive recipients of information in the classroom.

  • Didactic Approach

Fundamental knowledge in accounting concepts, principles, and laws are taught through a mix of discussions and lectures.

  • Interdisciplinary Approach

The BSA program equips students with the ability to see the various aspects of professional accounting practice through multidisciplinary lenses and perspectives. This, together with their liberal GE courses in the field of arts, humanities and social sciences, encourage well-rounded development for our students.

  • Blended Learning

BSA integrates and utilizes various learning management systems (LMSs) to expose students to real conditions in the accounting industry. In recognition of technological advancements in accounting practice and shifts in the workplace, the program facilitates ubiquitous learning in some courses through online virtual classrooms, online modules and web resources. The program primarily uses Canvas, the official LMS of the University and a globally recognized platform among leading educational institutions worldwide.

  • Research-Based Approach

Students are encouraged to conduct accounting research work, while professional courses also utilize research-based materials such as case studies and feasibility studies to ensure the delivery of updated information about current industry standards and practices.

Assessment and Research Work

Throughout the program, students and teachers freely negotiate their assessments and assessment-related tasks for each course. As most of the department are field practitioners and licensed public accountants, teachers are encouraged to use their industrial experience to develop relevant formative and capstone summative assessments.

Assessments are a combination of traditional pen-and-paper tests, practical examinations, research work and performance-based tasks. These include quizzes and summative tests, reports and presentations, case analyses, research-based writing, and peer assessments.


Students cannot complete the program without undertaking internship (6 units) in the form of a 600-hour apprenticeship in an accounting or auditing firm under a tri-lateral contract signed by the student, the University, and the firm. Internship is scheduled during the final semester of the program and provides students with the opportunity to acquire supervised work experience in their chosen field of specialization.

During internship, BSA students are expected to refine their accounting skills and discipline-based competencies as they also enhance their professional portfolio. At the end of the internship engagement, the employer firm and the student accomplish their internship assessment forms for feedback purposes. The students are also required to attend scheduled seminars and write daily a report of their daily activities which serves as basis for evaluation and credit for the course.

Learners must complete a total of 4,578 hours of course work, which includes 600 hours of internship. They also must have a minimum quality point average (QPA) of 2.4 by the end of the program.

Department Chair
Accountancy and Internal Auditing
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Associate Department Chair – Accountancy
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Associate Department Chair- Internal Auditing
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Office Staff:

Email Address:

Institute of Accounts, Business, and Finance

Room 702 7th Floor, Accounts Business and Finance Building

Room 702 7th Floor, Accounts Business and Finance Building

Office Hours: M-F, 8:00AM-5:00PM

Tel (02) 8849-4124; (02) 8849-4000 loc 245/246

Fax (02) 8849-4124


Earl Joseph M. Borgoña, CPA, MBA, LLB

Dean, Institute of Accounts, Business, and Finance

Dr. Joselito P. Tem

Associate Dean, Institute of Accounts, Business, and Finance

  • Nicanor Reyes Street, Sampaloc, Manila
  • Tel No: +63 (2)-87777-338 (trunkline)

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