Case Study

ACLC COLLEGE MANDAUE
Northpoint Business Center
M.C. Briones St., Mandaue City
THE ACCOUNTING TRANSACTIONS OF
PHILIPPINE CHARITY SWEEPSTAKES OFFICE
(A Case Study Analysis)
Impartial Fulfillment for the Requirements
In Practicum with Case Study
By the Bachelor of Science in Accountancy V students

Month, 2017
TABLE OF CONTENTS
Acknowledgment ...
CHAPTER I
THE PROBLEM AND ITS SCOPE
INTRODUCTION
Rationale of the Study

Theoretical Background
COMPANY PROFILE
THE PHILIPPINE CHARITY SWEEPSTAKES OFFICE
The Philippine Charity Sweepstakes Office (PCSO) is the principal

government agency for raising and providing funds for health programs,
medical assistance and services, and charities of national character.
The PCSO holds and conducts charity sweepstakes, races, and lotteries and
engages in health and welfare-related investments, projects, and activities to
provide for permanent and continuing sources of funds for its programs. It also
undertakes other activities to enhance and expand such fund-generating
operations as well as strengthen the agencys fund-management capabilities.
The main products of the PCSO are the sweepstakes and the lottery games.
The Sweepstakes game has steadily been evolving through the years to be
able to conform with the changing times, to keep the game interesting to all
Sweepstakes enthusiasts and to hopefully attract more clients, and to maintain
a variety of Sweepstakes products readily available in the market. Various
game types have been introduced and other game innovations are constantly
being conceptualized, particularly of the traditional and scratch and match
variety.
The PCSO holds three 6-pick number games, the Lotto 6/42, MegaLotto 6/45
and the SuperLotto 6/49. All of these number games can be played using the
system play (systems 7 to 12), 5 Roll, and Lucky Pick. The Lotto 6/42 is drawn
on Tuesdays and Saturdays and has a minimum jackpot prize of
P3,000,000.00. The MegaLotto 6/45 is drawn on Mondays, Wednesdays, and
Fridays, with a minimum jackpot prize of P4,500,000.00. Lastly, the SuperLotto
6/49, which has a minimum jackpot prize of P16,000,000.00, is drawn on
Thursdays and Sundays. and Sundays.
The agency also conducts the 6-digit (6D), 4-digit (4D), Suertres Lotto and the
EZ2 Lotto games. The 6D game is played only in Luzon. Draw days for this
game are Tuesdays, Thursdays, and Saturdays with a minimum guaranteed
amount (MGA) of P150,000.00 per ten-peso play. The 4D game is played in
Luzon, Visayas and Mindanao on the same days as that of the MegaLotto 6/45,
which are on Mondays, Wednesdays, and Fridays. The minimum guaranteed
amount for this game is set at P10,000.00 per ten-peso play. The Suertres
Lotto Mid-Day Draw game is only played in Visayas and Mindanao while the
Suertres Lotto Evening Edition is played in Luzon, Visayas and Mindanao. The
Suertres Lotto games are drawn everyday with a first prize of P4,500.00 per
ten peso play. While, the EZ2 game is also drawn everyday in Luzon, Visayas
and Mindanao with P4,000.00 as first prize per ten peso play.
Since its inception in 1934, the Philippine Charity Sweepstakes Office (PCSO)
has lived up to the challenge of its mandated mission and purpose and has
remained unwavering in carrying out its vision of uplifting the quality of life of
the Filipino people. The agency has well established itself as a model
government institution with its unquestioned dedication to serve the
disadvantaged sectors of society. With these, the PCSO has developed a
strong credence and incontestable acceptance from Filipinos who have all
come to believe and get comfort on the fact that the PCSO will always be there
for them, as long as needs need to be satisfied and hopes and dreams need to
be given life and fulfilment.
In adherence to its main thrust of providing funds for health programs and
other charities, the PCSO is engaged in various social welfare and
development programs. The main programs of the agency are as follows:
endowment fund/quality health care program, individual medical assistance
program, community outreach program, ambulance donation program,
national calamity and disaster program, and hospital renovation and
improvement of health care facilities. Also, the agency makes mandatory
contributions to the Commission on Higher Education (CHED),
Comprehensive and Integrated Shelter and Urban Development Financing
Program (CISUDFP), Department of Foreign Affairs (DFA), National
Commission on Indigenous People (NCIP), Overseas Workers Welfare
Administration (OWWA), Philippine Centennial Commission (PCC), Philippine
Sports Commission (PSC), and the Quirino Memorial Medical Center (QMMC)
as well as regular quarterly and monthly contributions to charitable institutions
engaged in giving welfare services to the children and youth who are either
abandoned or exploited, the elderly, and the physically and mentally
handicapped, among others.
SWOT ANALYSIS
THE PROBLEM
Statement of the Problem
The purpose of this research is to study the accounting transactions as
part of the curriculum in Bachelor of Science in Accountancy in the ACLC
College Mandaue. Specifically, it intends to answer the following questions:
1. Improper allocation or appropriation of budget
2. Improper allocation of allotment
3. They dont have a specific software for accounting system

SIGNIFICANCE OF THE STUDY
The results of this study provided insights and information to the following
The Accounting Department
This study will help the Accountancy Department to widen their knowledge
for what is the problem/ transactions of the government. In addition, it helps the
other student to understand
The Faculty
The teaching personnel will gain more and widen their knowledge about
the accounting transactions of government. This will increase their level of
competence and experience needed for the school.
The Government
The people will help the government to the system or institutions in
operation..
The Researchers
This study will give them the opportunity in completing their requirements
for their respective courses. It will help them enhance their interpersonal ability
become responsible individuals upon the completion of their task. It will also
sharpen their knowledge in accounting expertise and may help them as they
enter the business world.
Future Researchers
This paper will help the future researchers as a very useful source of
information and reference material for their respective studies. It will serve as a
guide for their research; a tool that would cater enough insights. This will also
give more ideas about accounting in government.
The Readers
This would facilitate and guide the readers to have an idea on accounting
in government. This also serves as the voice to convince them to make an
action.
The Respondents
The employees of Philippine Charity Sweepstakes Office (PCSO) as
respondents of this study would benefit as they will be given the chance to
know what the government accounting concept is.
The Society
This paper guides the society on
The Students
This study helps to the students to know the concept of accounting in
government and to guide them for their future use. Furthermore, it will help
them to boast their knowledge and skills.

DEFINITION OF TERMS
The terms being used in this study are operationally defined for a simpler
and better understanding.

RECOMMENDATION
Based on the study the following are the solutions.
1. Improper allocation or appropriation of budget
The researcher suggest that the PCSO manager should have an authority
for the institutions proper allocation or appropriation of budget to avoid
improper allocation or appropriation. This can be done by manager having an
authority approval allocating expenditures.
2. Improper allocation of allotment
a) Charity
Management Control
Accounting follow- up
Schedule on date
Specific hospital allocation
Proper patient IMAP and files attachment
3. Improper Software System
Implement or put accounting software system
Peach tree or other software system applicable in accounting and other
department
IT Management Control
CONCLUSION
DETAILED ACTION PLAN
APPENDICES
Appendix A. Organizational Chart
Appendix B. Proponents Proof of Research Interview & Data Gathering
Appendix C. Proponents Profile

APPENDIX D. PROPONENTS PROFILE
1. Betonio, Marry Shane
2. Delgado, Ritchelle Q.
3. Laro, Shaira S.
4. Mirambel, Mark Lou I.
5. Regondola, Nicah M.

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What is the Philippine Charity Sweepstakes Office and what are its main functions?

What is the Philippine Charity Sweepstakes Office and what are its main functions?

What lottery and sweepstakes games does PCSO conduct?

What lottery and sweepstakes games does PCSO conduct?

ACLC COLLEGE MANDAUE

Northpoint Business Center

M.C. Briones St., Mandaue City

THE ACCOUNTING TRANSACTIONS OF

PHILIPPINE CHARITY SWEEPSTAKES OFFICE

(A Case Study Analysis)

Impartial Fulfillment for the Requirements

In Practicum with Case Study

By the Bachelor of Science in Accountancy V students

THE PROBLEM AND ITS SCOPE

Rationale of the Study

THE PHILIPPINE CHARITY SWEEPSTAKES OFFICE

The Philippine Charity Sweepstakes Office (PCSO) is the principal

Statement of the Problem

The purpose of this research is to study the accounting transactions as

part of the curriculum in Bachelor of Science in Accountancy in the ACLC

College Mandaue. Specifically, it intends to answer the following questions:

1. Improper allocation or appropriation of budget

2. Improper allocation of allotment

3. They dont have a specific software for accounting system

The Accounting Department

other student to understand

the accounting transactions of government. This will increase their level of

competence and experience needed for the school.

The people will help the government to the system or institutions in

enter the business world.

give more ideas about accounting in government.

in government. This also serves as the voice to convince them to make an

The employees of Philippine Charity Sweepstakes Office (PCSO) as

know what the government accounting concept is.

This paper guides the society on

This study helps to the students to know the concept of accounting in

them to boast their knowledge and skills.

and better understanding.

Based on the study the following are the solutions.

1. Improper allocation or appropriation of budget

for the institutions proper allocation or appropriation of budget to avoid

improper allocation or appropriation. This can be done by manager having an

authority approval allocating expenditures.

2. Improper allocation of allotment

Specific hospital allocation

Proper patient IMAP and files attachment

3. Improper Software System

Implement or put accounting software system

Peach tree or other software system applicable in accounting and other

Appendix A. Organizational Chart

Appendix B. Proponents Proof of Research Interview & Data Gathering

Appendix C. Proponents Profile

1. Betonio, Marry Shane

4. Mirambel, Mark Lou I.

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