SYLLABUS & SAP

MM5002
ACCOUNTING

BLEMBA 28
Semester 1-2020/2021

MASTER OF BUSINESS ADMINISTRATION

INSTITUT TEKNOLOGI BANDUNG
http://www.sbm.itb.ac.id/mba
Introduction

Financial accounting is the means by which a firm’s transactions are recorded, compiled,
and narrated to the reader, the end result which conveys the company’s financial
condition. Financial accounting has also evolved in a new and exciting direction in which
the accounting standards of individual countries are at present being harmonized with
International Financial Reporting Standards (IFRS). According to PricewaterhouseCoopers
Indonesia, although this process is still ongoing worldwide, Ikatan Akuntan Indonesia has
in fact adopted IFRS in its rulings such that many of the Pernyataan Standar Akuntansi
Keuangan used today are already based on IFRS. Likewise, US Generally Accepted
Accounting Principles (US GAAP) have made headways towards adhering to IFRS. The
textbook used for this coursework covers these interesting topics, and more therein.

Management accounting, on the other hand, is focused on the internal as opposed to the
external user of accounting information. In order to make sound decisions, managers must
have the most accurate data at their fingertips, and must incorporate them in a final
analysis that is both relevant and comprehensive; management accounting encompasses
the methods that are applied to arrive at this end result.

With regard to your coursework, we would like to encourage you to peruse of your reading
material before coming to class. This will enable you to be up and running on the topics
covered, so that you may make a positive contribution to the class.

We would also like to remind you that attendance, albeit virtual, is a significant factor in
the rigorous involvement of your learning experience. For this reason, attendance is tied
to your grade. More specifically, you are required to attend a minimum of 16 sessions
overall, i.e. 80% of 20 sessions combined; otherwise, your combined grade will be reduced.

We look forward to meeting with you in class. Thank you.

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Textbooks

The following are your required reading material:

 Intermediate Accounting, 17th edition, 2019, Kieso, Weygandt, and Warfield,

Wiley & Sons Inc.
 International Financial Statement Analysis, 3rd edition, 2015, Robinson, Henry,
Pirie, and Broihahn, Wiley & Sons Inc.
 Horngren’s Cost Accounting, A Managerial Emphasis, 16th edition, 2018, Horngren,
Datar, and Rajan, Pearson Education Inc.

Performance Evaluation

Your performance evaluation is based on the following grading structure:

Individual participation in class discussions : 10%

Midterm exam : 45%
Final exam : 45%
Total : 100%

Midterm and Final Exam

The midterm and the final exam will be on the topics of financial accounting and
management accounting, respectively, and will be held on Day 2 - Sessions 4 and 5 of each
of the classes. The exams will be open-book and open laptop.

Please be aware that cheating is in gross violation of the universal code of conduct applied
in academia, and undermines your integrity.

Important Dates

Saturday, November 21, 2020 Financial Accounting 8 am – 5 pm

Sunday, November 22, 2020 Financial Accounting 8 am – 5 pm

Saturday, December 5, 2020 Management Accounting 8 am – 5 pm

Sunday, December 6, 2020 Management Accounting 8 am – 5 pm

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Facilitator Profiles

Dr. Isrochmani, MAcc

E-mail: nani@sbm-itb.ac.id

Nani received her bachelor’s degree from Universitas Indonesia, her master’s degree from
the University of Oregon (both in the field of accounting), and thanks to generous financial
support from SBM-ITB, has completed her doctoral degree in Finance at Universitas
Padjadjaran. She was formerly the Branch Accountant for BHP Steel Building Products
Indonesia, as well as the Financial Officer for the American-Indonesian Exchange
Foundation. a bi-national commission between the governments of Indonesia and the
United States which administers the Fulbright Scholarship Program in Indonesia. She
teaches accounting, and is a full-time faculty member at SBM-ITB. She is the coordinator
for this coursework.

Nani will be teaching the financial accounting portion of this module.

Muhammad Wira Kusuma, MBA

E-mail: muh.wira@sbm-itb.ac.id

Wira works as a Manager Reporting and Accounting in CNOOC SES Ltd., upstream oil and
gas operator in South East Sumatra working area. He received his bachelor’s degree in
accounting from University of Indonesia, and his master’s degree in Business Management
in School of Business and Management of Instititut Teknologi Bandung. He holds
Accountant Public Certification (CPA) from Indonesian CPA Institution. He was experienced
in the area of accounting and financial audit with previously working for major public
accountant firm. Currently he is involved in a task force member of new accounting policy
for upstream oil and gas with SKK Migas.

Wira will be teaching the management accounting portion of this module.

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COURSE SCHEDULE
Course Code Credit Hours ACCOUNTING
MM5002 2
Module 1 – Financial Accounting
Saturday, November 21, 2020 Day 1
08:00 – 09:30 Session 1
Theoretical Foundation: The Accounting Information System, The Income
Statement, the Balance Sheet, and the Statement of Cash Flow

Reading: Kieso et al chapters 3, 4, and 5.

9.45 – 11.15 Session 2

Theoretical Foundation: The Income Statement, the Balance Sheet, and
the Statement of Cash Flow (continued)

Reading: Kieso et al Appendices C and D.

2019 Financial Statements, PT Bluebird Tbk (attached)

11.15 – 12.45 Session 3

Theoretical Foundation: Long-Term Liabilities

Reading: Kieso et al chapter 14

13:45 – 15.15 Session 4

Theoretical Foundation: Acquisition, Disposition, and Depreciation of
Property, Plant, and Equipment

Reading: Kieso et al chapters 10 and 11

Session 5
15.30 – 17.00 Theoretical Foundation: Accounting for Leases

Reading: Kieso et al Chapter 21

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 Course Code Credit Hours ACCOUNTING
MM 5002 2
Module 1 – Financial Accounting
Sunday, November 22, 2020 Day 2
08:00 – 09:30 Session 1
Theoretical Foundation: Financial Reporting Quality

Reading: Robinson et al chapter 11

09:45 – 11.15 Session 2

Theoretical Foundation: Financial Reporting Quality (continued)

Reading: Robinson et al chapter 11

11.15 – 12.45 Session 3

Overview

14.00 – 17.00 Midterm Exam

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COURSE SCHEDULE
Course Code Credit Hours ACCOUNTING
MM 5002 2
Module 2 – Management Accounting
Saturday, December 5, 2020 Day 1
08:00 – 09:30 Session 1
Theoretical Foundation: Cost Volume Profit Analysis

Reading: Horngren et al chapter 3

09:45 – 11.15 Session 2

Theoretical Foundation: Job costing

Reading: Horngren et al chapter 4

11.15 – 12.45 Session 3

Theoretical Foundation: Flexible budgets, direct cost variances,
overhead cost variances, and management control

Reading: Horngren et al chapters 7 and 8

13:45 – 15.15 Session 4

Theoretical Foundation: Cost allocation, customer profitability analysis,
and sales variance analysis

Reading: Horngren et al chapter 14

15.30 – 17.00 Session 5

Theoretical Foundation: Capital budgeting and cost analysis

Reading: Horngren et al Chapter 21

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 Course Code Credit Hours ACCOUNTING
MM 5002 2
Module 2 – Management Accounting
Sunday, December 6, 2020 Day 2
08:00 – 09:30 Session 1
Theoretical Foundation: Capital budgeting and cost analysis (continued)

Reading: Horngren et al chapter 21

09:45 – 11.15 Session 2

Theoretical Foundation: Activity based costing and activity based
management

Reading: Horngren et al chapter 5

11.15 – 12.45 Session 3

Overview

14.00 – 17.00 Final Exam