CHAPTER I

The Problem and Its Background

Introduction

Accountancy Business and Management strand focuses on the benefits of

subject learning areas under it such as Research For Daily Life, Oral

Communication in context, General Mathematics, and English for Academic and

Professional Purposes.

These subject learning areas supports the benefits that future accountants

can get as they take ABM Strand. It enables students as future accountants to

apply in-depth knowledge into better performance and skills as a part of

application process.

This would indicate further insights in regards with the subject areas that

will provide knowledge and learning with different departments. Students will gain

advantages of those subject learning areas particularly with the application in

process. Through this process, an ABM student would likely inherit and apply it

with the way an individual live especially with the strategies used in the

fundamentals of accounting.

Research will provide informations and facts about the benefits of

Research for Daily Life as it supports the critical analysis and evaluation of ideas

needed to support a certain study. This subject learning area under ABM strand

focuses on the efficiently contextualization of ideas needed for effective

generalization of the study. Thus it will be useful for accountants to deeply

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analyze a certain account and evaluate the quantity involved in accounting.

Research for Daily Life engaged future accountants to deal with application

process as it needs insertion of learning.

This also includes the benefits of Oral Communication in-context in terms

of communicating and effective deliberation of ideas. Accountants are usually

involved with settlements and dealings that is why students should learn how to

speak with confidence and authority.

The study also introduces the benefits of General Mathematics as it

supports students mental ability when it comes to analyzing and balancing.

Accountants should deal with numbers because money takes prior variable in

terms of accountancy. It is the reason why people invest and deal with other

corporations, cooperative, and even small businesses.

One last major subject focuses on English for Academic and Professional

Purposes that helps students as future accountants to have an in-depth

knowledge about the proper citations and preferences. It is necessary for an

accountant to have citations especially when auditing involving some sites

needed for insertion of values or involved variables in a certain account.

Researchers will comprise informations from trusted sources that will

contribute insights in terms of developing the students critical thinking and logical

reasoning as it empowers the students managerial skills. Accountancy Business

and Management helps me shape my communication skills with others which are

very essential in forming good relationships. It helps an individual to understand

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the world of business as well as how to deal with the static changes happening in

the economy.

The worlds economy nowadays needs speciation in terms of evaluating

and preserving valuables and juices of modern transaction. Money rotates as it

revolves around trusted management and some are for business aspects.

Accountancy plays a big role in the proper manipulation and organization of

ones business and even corporation relationships.

Thus, without the study of accounting, an individual or an organization

would have no basis or foundation upon which daily or long-term decisions could

be made. For instance, the budgets for marketing activities, profit reinvestment,

research and development, and company growth are from the work of

accountants.

In line with this study aims to provide information in the benefits of

Accountancy Business and Management as a strand to Future Accountants. This

strand focuses on learning the basic concepts of business and learning

associated skills in other related fields like finance, management, corporate and

operations. This strand is under the Academic track of Senior High School as a

part of K-12 Curriculum under the Department of Education. Moreover, it is also a

flexible course allowing students to study the fundamentals of accounting and

business management with the option to then focus more deeply in other field.

Moreover, this research would likely help those students who want to take

Accountancy Business Management as their strand in Senior High School. This

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also aims to give emphasize the benefits of taking Accountancy Business

Management that they can use in the field of work specifically in accountancy.

Furthermore, this research aims to practice proper time management as

Accountancy Business Management involves process of dealing something on

time. Time Management is the process of planning and exercising conscious

control over the amount of time spent on specific activities especially to increase

effectiveness, efficiency or productivity. Wherein, a student can learn different

strategies to have a healthy management of the things around him or her. Thus,

that practice would likely help them to extend more time doing significant things

instead of wasting it sometimes. Accounting needs efficient time in order to

review audits clearly and with neatness. Through time management, it will not be

that too hassle when it comes in working and dealing with computations.

Moreover, Accountancy Business Management could provide insights

about the solution on how to calculate accounts without doubt. Data entered in

an accounting system is verifiable data, not opinions or wishes. Accounting

information is unbiased. Thus, data entered in the system is based on purposed

and supported by liable resources.

In connection to this, effective sources about the benefits of taking ABM

strand to future accountants focuses with advantages and its effects. In line with

this, the study of Accountancy Business Management assures the future of an

individual as it supports lifelong certainty in one's own liabilities appropriate for

financial and strategic decisions about their accounts. Future accountants will

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have the chance to have deep insight about organizing own liabilities that he or

she can use in the following years. It will lead them to have plan and proper

management of their own possession.

Furthermore, this study will explore and discuss by the students in the

future. Thus, it supports the highly competitive accountants foreign and local.

Wherein, ABM will not only enhance an individuals skills but also his or her

critical thinking which is very needed in the field of accounting as it succours

evaluation and analysis of accounts individually or in a group. Accountancy

Business and Management helps and teaches me to be globally competitive

enough and fill up the emptiness that will help us achieve success.

Statement of the problem

Accounting doesnt stop along as money makes it go round, the world will

need its accountants who will evaluate, compute, and analyze financial accounts.

Therefore, studying Accountancy Business Management succours future

accountants and finance professionals have to move with the times and stay up-

to-date, but the profession is unlikely to expire anytime soon. Because of its long-

term assistance, Accountants would reach their visible and transparent

connection with their own commitment when it comes in verifying account

especially in terms of financial and one that involve valuables.

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 This study aims to identify and explain the benefits of Accountancy

Business and Management Strand to future accountants. This study targets to

answer the subsequent questions:

1. What are the subject areas under Accountancy Business and

Management Strand that will help students as to future accountants?

2. What are the possible benefits of these subject learning areas under

Accountancy Business and Management to future accountants?

3. How does knowledge can translate into better performance and skills

as a part of application process?

Conceptual Framework

This study comprises the benefits of Accountancy Business and

Management Strand to future accountants. The researcher used IPO model to

demonstrate the connection of different variables involved in the study. The

variables include the different subject areas under ABM Strand such Research

for Daily Life, Oral Communication, General Mathematics, and English for

Academic and Professional Purposes. Another variables includes the benefits of

those subject areas under ABM Strand. Lastly, suggestions will be provided.

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 Conceptual Paradigm

ABM Subject Areas:

*Research for Daily
Life
*Oral Communication
*General Mathematics
*English for Academic
and Professional
Purposes
Benefits of each Subject
Areas:
Provides application of
everyday living through
generalization
Enhances an individuals
way of communicating and
deliberation of ideas. Suggestions
Develops mental ability in
terms of analysing and
balancing.
Develops and improves
grammatical aspect of a
certain sentences or
thought.

Scope and Delimitation of the Study

This study aims to provide broader knowledge about Accountancy

Business and Management as strand in senior high school. The focus of this

research is to study the benefits of Accountancy Business and Management

Strand to future accountants. Only those grade 11ABM students in Holy Family

Academy S.Y 2017-2018 is the target participants in this study.

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 This research is only focused on the advantages of Accountancy Business

and Management Strand to the students, specifically to those future accountants.

The research also provides further understanding on how to apply all the

leanings from the subject areas under ABM strand into real life setting.

This study is delimited by the sources of information and data from the

researchers need. It solely focuses on the possible benefits of the different

subject areas under Accountancy Business and Management that will likely help

future accountants for further information and in-depth understanding of this

strand.

The study does not cover the effective strategies of an accountant. It

solely focuses on the possible advantages a student can gain if they will take the

strand. Those students who are not taking Accountancy Business and

Management strand are not involved.

Significance of the Study

The purpose of this study is to determine the benefits of Accountancy

Business and Management Strand to senior high school specifically to future

accountants. This study sought to establish the advantages of ABM as a strand

in K-12 Curriculum on school connectedness among secondary school students.

The study found out that are benefits that students can get if they take ABM as

strand in senior high school especially to those students who want to enter into

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the field of Accounting. This will give in-depth knowledge and assistance for

those students engages in studying ABM.

The researcher will comprise information from trusted sources that will

contribute insights in terms of developing the students critical thinking and logical

reasoning as it empowers the students managerial skills. Accountancy Business

and Management Strand will shape students communication skills with others

which are very essential in forming good relationships. It helps an individual to

understand the world of accounting as well as how to deal with the statistic

changes happening in the country. This study is significant in different ways:

For Students. This study is essential to all the students especially to those future

accountants because they will know the different benefits of taking Accountancy

Business and Management as strand in senior high school. This study will also

provide further insights in regards with subject areas that will provide knowledge

and learning with different departments. Students will gain advantages of those

subject learning areas particularly in application process. Through this process,

an ABM student would likely inherit and apply it with the way an individual live

especially with strategies used in the fundamentals of accounting.

For Teachers. This study is vital to the teachers because they can guide and

motivate their students to apply all the knowledge and learning that theyve

learned in different subject areas specifically under ABM strand that will help the

students when they enter into the field of accounting.

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Definition of term

The following words will help you to better understand and comprehend
this study:

Accountancy- It is the main duty of an accountant that relies on evaluating

accounts.

Business- It is an individuals in demand profession and job.

Management- refers to the control and regulation of things and even the

participants involve.

Accountancy Business and Management- It refers to a strand particularly the

study of accounting and business that deals with different subject learning areas

under K-12 Curriculum.

Research for Daily Life- it refers to a subject learning area under ABM Strand

that focuses on the investigation and self-learning process of research.

English for Academic and Professional Purposes- it refers to the subject

learning area under ABM Strand that focuses on the deep understanding of

English proficiency.

Oral Communication- It refers to a subject learning area under ABM Strand that

focuses on the mere expression of ones self towards the communication and

relationship between things.

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General Mathematics- It refers to a subject learning area under ABM Strand

that focuses on the evaluation of an equation and deep analysis of a certain

thing.

Finance- it is the manipulation and management of money or any valuable

assets.

K-12 Curriculum- covers Kindergarten and 12 years of Basic Education [Six (6)

years of primary education, Four (4) years of Junior High School, and Two (2)

years of Senior High School (SHS)] to provide sufficient time for the

development of learners skills and performance.

Accounting information- is a system of collecting, and evaluating data taken by

the accountants to ensure the process of regulation.

Liabilities- the state of being responsible for something and somewhat

connected to accountability.

Possession- It is an act of owning something especially valuables and accounts.

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