Presents a broad and interdisciplinary view of the Philippine business environment, including the issues and challenges facing it. It provides a survey of the factors influencing business decision making in the Philippines and a framework for environmental and industry analysis. Students will learn about the business environment by virtually visiting and examining a firm and its industry in groups of four or five. At the end of the course, they will be required to submit their industry research study and present their analysis and recommendations to the class.

This course is designed to prepare students for a high standard of responsibility as they enter the corporate world which continues to change in dramatic ways, where demand for competency and professionalism is always present. It aims to prepare them to be future business leaders who will play a central part in managing and resolving critical issues involving businesses and people. They will also be equipped with basic knowledge and skills to thrive in difficult situations like economic volatility and geopolitics, among other timely issues. Topics covered include leadership as it relates to the professional accountant, the recognition and management of risks concerning an enterprise, and the application of internal control concepts and standards to contribute to organizational stability and growth. Also discussed in detail are the Professional Code of Ethics and the Revised Accountancy Law.