Silabus Intermediate Financial ing 2.pdf 3m471m

MASTER SYLLABUS AKU 2102 – INTERMEDIATE ING II Prerequisite: AKU2101 Intermediate ing I Credit Hours: 3 Instructor: Course Description The course is a continuation of Intermediate ing I course. The main subject matter in this course covers the concepts of valuation and recognition, procedures, and assessment techniques and presentation, and reporting in the financial statements of the economic transactions undertaken by profit-oriented enterprises. The of the subject of this course is in fixed assets, intangible assets, impairment, liabilities, equity, and diluted earnings per share. Course Objectives After taking the course, students should be able to: 1. Discuss, interpret, and to develop sound argument based on concepts and theories given; 2. Apply analytical techniques, appropriate and ed by generally accepted ing principles and International Financial Reporting Standards (IFRS), to solve problems; 3. Evaluate current practice in the light of the conceptual framework; 4. Collect and search relevant data and information in the fields of financial ing from various sources; 5. Present in oral and written form of reading assignment and argue in class discussion; Course Materials 1. Kieso, Donald E., Jerry J. Weygandt, dan Terry D. Warfield. 2011. Intermediate ing. Volume 1, IFRS Edition. Danver, MA: John Wiley & Sons, Inc. 2. Kieso, Donald E., Jerry J. Weygandt, dan Terry D. Warfield. 2011. Intermediate ing. Volume 2, IFRS Edition. Danver, MA: John Wiley & Sons, Inc. 3. IAI. Juni 2012. Standar Akuntansi Keuangan. Jakarta: IAI. Student’s Responsibilities 1. Class meeting will be used by the lecturer to confirm student’s understanding of the underlying concepts of ing. Students should read the chapter assigned and are required to do and submit the individual homework assigned and group assignment before each class meeting. 2. Students are expected to attend all scheduled class meetings. Absence from class meetings shall not exceed 25%. Students who exceed the 25% limit without a medical or emergency excuse acceptable to and approved by the Associate Dean of Academic shall not be allowed to take the final exam and shall receive a grade of E from this course. 3. Operating laptop, mobile phone, and other communication devices are strictly prohibited during class meetings. Any student found operating these devices should leave the class and will be considered as an absence for the class meeting.

Academic Integrity Academic integrity forms a fundamental bond of trust between colleagues, peers, lecturers, and students, and it underlies all genuine learning. There is no tolerance for plagiarism or academic dishonesty in any form, including, but not limited to, viewing the exams of others, sharing answers with others, using books or notes while taking the exam, copying answers or papers, or ing off someone else’s work as one’s own. A breach of ethics or act of dishonesty can result in A FAILURE OF AN ENTIRE COURSE (a grade of “E”). Teaching Methods A combination of lecturing, discussion, and problem solving will be applied to this class. Lecturing is purpoted to confirm student’s understanding of some underlying financial ing concepts. Most of the lecturing will be directed to discuss and answer student’s questions. Hence, the most important requirements for this course are a thorough preparation and reading materials and active participation in the classroom. Student individually is required to submit the assigned homework (hand written) before each class meeting. Grading Your grade will be determined based on your total score on the following items: Mid Exam 30% Final Exam 30% Quizzes 20% Discussion and homework 20% 100% Your final score will be mapped to a course grade based on the following scheme: A 90 or above C+ 65 to 69 A85 to 89 C 60 to 64 B+ 80 to 84 D 50 to 59 B 75 to 89 E below 50 B70 to 74 Course Outline Week 1

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Topic Revew of Syllabus; Fixed assets – acquisition cost: 1. Land, buildings, and equipment cost; 2. Self-constructed assets, interest cost during construction; 3. Cash discounts, deferred-payment contracts, lump-sum purchases, issuance of shares. Fixed assets – acquisition cost: 1. Exchanges of non-monetary assets and government grants; 2. Costs subsequent to acquisition; 3. Disposition of fixed assets; 4. Forced conversion.

Reference 1. Syllabus Handout; 2. Kieso Vol.1 Ch.10; 3. PSAK 16 Fixed Assets (SAK 2012); 4. PSAK 26 Interest Cost (SAK 2012).

1. Kieso Vol.1 Ch.10; 2. PSAK 16 Fixed Assets (SAK 2012).

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Topic Reference 1. Kieso Vol. 1 Ch.11; Fixed assets – depreciation: 1. Factors involved in depreciation 2. PSAK 16 Fixed Assets (SAK process; 2012). 2. Methods of depreiation; 3. Component depreciation; 4. Special issues. 1. Kieso Vol. 1 Ch.11; Fixed assets – impairments: 1. Recognizing impairments; 2. PSAK 16 Fixed Assets (SAK 2. Reversal of impairment loss; 2012); 3. Cash-generating units; 3. PSAK 48 Impairment of 4. Impairment of assets to be disposed Assets (SAK 2012). of; 5. Presentation, analysis, and disclosure. 1. Kieso Vol. 1 Ch.11; Fixed assets – depletion and 2. PSAK 16 Fixed Assets (SAK revaluation: 1. Establishing a depletion base; 2012). 2. Write-off of resource cost; 3. Estimating recoverable reserve; 4. Liquidating dividends; 5. Revaluations; 6. Presentation and analysis. 1. Kieso Vol. 1 Ch. 12; Intangible assets: 1. Definition, measurement, valuation, 2. PSAK 19 Intangible Assets and amortization; (SAK 2012). 2. Types of intangible assets: marketing-related, customer-related, artistic-related, contract-related, technology-related, goodwill. 3. Impairment of intangible assets; 4. Reversal of impairment loss; 5. Impairment of indefinite-life intangibles other than goodwill; 6. Impairment of goodwill. 1. Kieso Vol. 1, Ch. 11 and 12; Impairment of assets: 1. Definition of impairment; 2. PSAK 48 Impairment of 2. When to do impairment testing; Assets (SAK 2012). 3. Impairment testing for individual assets; 4. Cash generating unit (excluded intangible assets); 5. Cash generating unit and goodwill; 6. Reversal of impairment loss; 7. Disclosure. MID EXAM 1. Kieso Vol. 1 Ch. 13; Current liabilities: 1. Definition of liabilities and current 2. PSAK 50 Financial liabilities; Instrument: Presentation (SAK 2. s payable and notes payable; 2012);

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Topic 3. Current maturities of long-term debt; 4. Short-term obligations expected to be refinanced; 5. Dividends payable; 6. Customer advances and deposits; 7. Unearned revenues; 8. VAT payable; 9. Employee-related liabilities. Current liabilities: provisions and contingencies: 1. Recognition of a provision; 2. Common types of provisions: litigations, warranties, s, and coupons, etc. 3. Contingencies; 4. Presentation and analysis of current liabilities. Non-current liabilities (1): 1. Bonds; 2. Issuing bonds; 3. Types and ratings of bonds; 4. Valuation of bonds payable; 5. Effective-interest method; 6. Bonds issued at a discount; 7. Bonds issued at a ; 8. Accruing interest; 9. Bonds issued between interest dates. Non-current liabilities (2): 1. Notes payable: - Notes issued at face value; - Notes not issued at face value; 2. Special notes payable situations; 3. Mortgage notes payable; 4. Special issues related to non-current liabilities. Equity (1): 1. The corporate form of organization : - Corporation law; - Share system; - Variety of ownership interests; 2. Equity: - Issuance of shares; - Reacquisition of shares. Equity (2): 1. Preference shares: - Features of preference shares; - ing for and reporting preference shares; 2. Dividend policy:

Reference 3. PSAK 55 Financial Instrument: Recognition and Measurement (SAK 2012).

1. Kieso Vol. 1 Ch. 13.

1. Kieso Vol 1 Ch.14. 2. PSAK 50 Financial Instrument: Presentation (SAK 2012); 3. PSAK 55 Financial Instrument: Recognition and Measurement (SAK 2012).

1. Kieso Vol. 1 Ch.14; 2. PSAK 50 Financial Instrument: Presentation (SAK 2012); 3. PSAK 55 Financial Instrument: Recognition and Measurement (SAK 2012). 1. Kieso Vol. 2 Ch.15; 2. PSAK 50 Financial Instrument: Presentation (SAK 2012); 3. PSAK 55 Financial Instrument: Recognition and Measurement (SAK 2012). 1. Kieso Vol. 2 Ch.15; 2. PSAK 50 Financial Instrument: Presentation (SAK 2012); 3. PSAK 55 Financial Instrument: Recognition and

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Topic Reference - Financial condition and dividend Measurement (SAK 2012). distributions; - Types of dividends; - Share split; - Disclosure of restrictions and retained earnings; - Presentation and analysis of equity. 1. Kieso Vol. 2 Ch.15; Dilutive securities and Earnings per 2. PSAK 50 Financial Share: 1. Dilutive securities and compensation Instrument: Presentation (SAK plans; 2012); 2. Debt and equity; 3. PSAK 55 Financial 3. Covertible debt; Instrument: Recognition and 4. Convertible preference share; Measurement (SAK 2012). 5. Share warrants; 6. ing for share compensation; 7. EPS – simple capital structure; 8. EPS – complex capital structure. FINAL EXAM

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