FACULTY OF ECONOMICS AND BUSINESS

UNIVERSITAS GADJAH MADA

UNDERGRADUATE PROGRAM

Syllabus
AKU 1601 – INTRODUCTORY ACCOUNTING
Prerequisite: None
Credit Hours: 3

Instructor:
Fuad Rakhman, Ph.D.
Office: FEB S204
Email: frakhman@ugm.ac.id
Office hours: Wednesdays 10:00 – 12:00

Course Description
This course introduces principles of accounting as an academic and professional discipline. The
introduction focuses on the design and development of information provision system for external
accountability and internal decision making of organizational entities. In general, this introduction
shows to the undergraduate first-year students how the financial information of organizational
units within a particular jurisdiction or country should be provided and how financial data are
generated for presentation in the form of financial statements. Business entities are the focus of
this course. As an introductory undergraduate course, this course emphasizes more on concepts
and application of accounting principles that are theoretically and practically available rather than
on effective accounting standards in Indonesia adopted from International Financial Reporting
Standards (IFRS). Accounting as a information system will be discussed using system
development approach from simple (manual) to sophisticated (computerized) accounting system.
together with the basic reasoning and concepts for the development. Mastery of accounting
through this approach is very important and useful for self-development to achieve scholarly
personality. This course is a pre-requisite for other accounting and financial courses that call for
understanding of basic accounting as basis for comprehension. After completing this course with
reasonable diligence, students are expected to be able to:
1. Describe/explain the function and the importance of accounting in providing information
for making economic decision.
2. Communicate in real life business world with accounting language (concepts, procedures,
and techniques of accounting)
3. Interpret and analyze a set of basic financial statements and utilize accounting data for
supporting decision making.
4. Describe conceptually the accounting system development and the stages of accounting
cycle.
5. Design or build simple manual accounting systems for small and medium business
establishments.
 6. Acquire proper learning experiences and enlightenment to conceive that accounting is in
fact an intellectual challenging discipline that calls for good reasoning rather than difficult,
technical, memory-laden, and boring knowledge.
7. Provide opinion or solution and convincing valid arguments to theoretical or practical
issues in accounting.
8. Develop independent and self-discovery learning capability.

The above learning objectives are developed to contribute to achieving the learning outcomes of
Faculty of Economics and Business in general and Accounting Department in particular in order
to maintain and strengthening the accreditation by The Association to Advance Collegiate Schools
of Business (AACSB) earned in 2014.

Course Objectives
After completion of the course, students are expected to be able to:
1. Explain the meaning and function of accounting in the economics decision making.
2. Analyze, record, and report transactions for business of service, merchandising, and
manufacturing operations.
3. Communicate in the business activities using accounting concepts, procedures, and
techniques.
4. Read and analyze financial statements.
5. Effectively use library and web resources, evaluate information, and apply knowledge to the
analysis of business events and company information.

Learning Goals
Completion of the course contributes to the following learning goals and objectives:

Learning goal Objectives/Traits High Med Low

1. Students Demonstrate the ability to deliver written reports through
demonstrate the (1.1) organization; (1.2) style, and (1.3) knowledge of the
ability to subject.
communicate Demonstrate the ability to deliver oral presentation through
(1.4) structure, (1.5) use of media, (1.6) body language; (1.7)
respond to questions
2. Students have 2.1. Demonstrate the ability to identify ethical issues in
ethical accounting profession
understanding 2.2. Demonstrate the ability to identify ethical standards in
and reasoning accounting profession
2.3 Students demonstrate an understanding of ethical
framework.
2.4 Students demonstrate ability to make a choice based on
ethical consideration.
3. Students 3.1. Students demonstrate theoretical and practical
demonstrate understanding of financial accounting.
theoretical and 3.2. Students demonstrate theoretical and practical
practical understanding of auditing.
understanding 3.3. Students demonstrate theoretical and practical
understanding of cost accounting and managerial control.
 Learning goal Objectives/Traits High Med Low
of accounting 3.4. Students demonstrate theoretical and practical
knowledge. understanding of accounting information system.
4. Students 4.1. Students demonstrate the ability to work with peers from
demonstrate diverse backgrounds
ability to work 4.2. Students are present at team meetings.
in team 4.3. Students participate actively in team meetings.
4.4. Students are committed to work together on team
assignments.
5. Students 5.1. Understand their own strength and weakness.
demonstrate 5.2. Students demonstrate the ability to inspire their peers.
ability to lead 5.3. Students demonstrate the ability to direct their peers and
others team

Course Material
Required:
Weygandt, Jerry J, D.E. Kieso, and P.D. Kimmel. 2012. Accounting Principles, 10th edition, John
Wiley and Sons (Wiley International Student Version), Inc.

Student’s Responsibilities
• Class meeting will be used by the lecturer to confirm student’s understanding of the underlying
concepts of accounting. Students should read the chapter assigned and are required to do and
submit the individual homework assigned and group assignment before each class meeting.
• 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.
• 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 passing off
someone else’s work as one’s own. A breach of ethics or act of dishonesty can result in failure of
an entire course.

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 accounting 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. At the end of semester, students in a group (three
students) are also required to submit the assigned project report. The project assignments and list
of group will be distributed in the third class meeting.

Grading
Your grade will be determined based on your total score on the following items:
Mid Exam 35%
Final Exam 35%
Quizzes and class participations 20%
Homework 10%
100%
Your final score will be mapped to a course grade based on the following scheme:
A 90 or above C+ 55 to 59
A- 85 to 89 C 50 to 54
A/B 80 to 84 C- 45 to 49
B+ 75 to 79 C/D 40 to 44
B 70 to 74 D+ 35 to 39
B- 65 to 69 D 30 to 34
B/C 60 to 64 E Below 30

Course Outline

Week Topic Chapter Homework

1 Revew of Syllabus and Introduction to Syllabus -
the Accounting Profession Handout
Learning Style
(SCL Plus)
2 Accounting in Action Ch 1 E1-1, 1-2, 1-15, 1-16, P1-1A
3 The Recording Process Ch 2 E2-1, 2-7, 2-8, P2-3A
4 The Adjusting Process Ch 3 E3-3, 3-4, 3-5, P3-6A
5 Completing the Accounting Cycle (1) Ch 4 E4-3, 4-6, 4-8, 4-10
6 Completing the Accounting Cycle (2) Ch 4 P4-3A, 4-5A, 4-6A
7 Merchandising Cycle Ch 5 E5-1, 5-3, 5-7, P5-2A
MID EXAM
8 Accounting Information Systems Ch 7 CP7
9 Financial Statement Analysis Ch 18 E18-3, 18-5, 18-6, P18-5
10 Manufacturing Cycle Ch 19 E19-1, 19-4, 19-8, P19-3A
11 Managerial Use of Accounting Info (1) Ch 20 E20-6, 20-9, 20-11, P20-1A
12 Managerial Use of Accounting Info (2) Ch 21 E21-2, 21-5, 21-7, P21-2A
13 Managerial Use of Accounting Info (3) Ch 22 E22-1, 22-4, P22-2A, 22-4A
14 Managerial Use of Accounting Info (4) Ch 26 E26-2, P26-5A
FINAL EXAM
Others: Student should bring his/her own textbook and calculator. Unless stated by the instructor, students should
follow all rules given by the program. If student has questions related to the course, it is suggested to contact the
instructor through email or come to see the instructor at the office hour stated above.