THERE WILL be no more summer classes for Accountancy students as the Commission on Higher Education (Ched) Memorandum Order No. 3 series of 2007, which increases the number of years of a regular accounting course from four to five, will finally take effect at the AMV–College of Accountancy next school year.

The five-year program will finally be implemented for freshmen next school year following the approval of Clarita Carillo, assistant to the Rector for academic affairs.

With the proposed new curriculum of Accountancy which will be effective this academic year 2010-2011, summer classes will already be replaced by a fifth year

The summer classes were held to compensate for the additional year earlier required by the commission.

Management Accounting, which started to be offered in 2008, will also now be taken for five years.

“Summer classes will not be mandatory anymore. They (summer classes) will only be for those who make good their deficiencies,” Accountancy Dean Minerva Cruz said.

Cruz said the new curriculum will put general education subjects covering humanities, social sciences, science, and mathematics in the first two years of the program, while major subjects like accounting, finance, and marketing will be taken in the last three years.

Carillo said changes in Ched’s technical panel for accounting forced the college to “review” the curriculum submitted to her last September.

“Our advice to Accountancy was to implement the new curriculum regardless of the possible new composition of the [Ched’s] technical panel as long as they (accountancy officials) are truly convinced that this proposed curriculum is a good curriculum, relevant, and will truly be beneficial to our students,” Carillo said.

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Accountancy submitted its final proposal to Carillo on February 24. College clerk Shirley de Chavez said freshmen load for next school year will increase to 27 units from 24 units as a result of the new curriculum.

“The increase in tuition fee will still depend on the University’s administration,” De Chavez added.

Meanwhile, the Philippine Association of Colleges and Universities Commission on Accreditation visited the college last March 16 and 17 after Accountancy applied for Level 1 accreditation in 2007.

“We created committees to work on different areas and sections. We hired 70 percent of faculty members who obtained their master degrees, six percent with doctorate degrees, and 55 percent professionals and cognates with master degrees,” Cruz said. Adrienne Jesse A. Maleficio

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