MSN Practicum provides the health professional opportunities in the analysis & evaluation of the operational aspects of health organizations & systems in relation to the needs of patient/client/employee populations. Leadership, management & organizational theories are applied in evaluating structure & processes health leaders/administrators use to achieve expected organizational & systems outcomes. Emphasis is placed in the development & application of skills used in assessing the needs of population groups, & analysis of major policies, organizational situations, & strategic planning aspects of the nurse professional.

This course is a continuation of Intermediate Accounting I. It is designed to cover the discussion, appreciation and application of the Philippine Financial Reporting Standards (PFRS) on the liabilities, financial and non-financial, and shareholders’ equity including disclosure requirements. It also deals with contemporary issues such as leases, employee benefits, and income taxes. Financial liabilities shall include accounts and other trade payable, loans payable, commercial paper, derivative financial liabilities, accrued expense payable, returnable deposits and current of maturities of long-term debt, bonds payable, long-term notes payable while Nonfinancial liabilities shall include advances / deposits from customers, agency liabilities (VAT, SSS, Withholding tax, Income tax, Property tax), and warrants.Accounting for shareholders’ equity shall cover contributed capital, retained earnings and other shareholders’ equity accounts such as revaluation surplus, unrealized losses in FA@FVTOCI, Foreign currency translation adjustment. The related internal control, ethical issues and management of liabilities and shareholders’ equity are also covered. It also deals with contemporary issues such as borrowing costs, leases, employees retirement benefits, deferred income tax, other provisions and contingencies. 

Notes: pwc
At certain point, there should be a discussion of significant accounting judgements and estimates in practice including the required disclosures. The three new accounting standards (IFRS 15, 16 and 9) and any future updates in accounting standards must be covered in intermediate accounting rather than in Accounting for special transactions.