UNIVERSITAS INDONESIA

FACULTY OF ECONOMICS AND BUSINESS

DEPARTEMENT OF ACCOUNTING
UNDERGRADUATE PROGRAM

SYLLABUS
AKUNTANSI KEUANGAN 1 (FINANCIAL ACCOUNTING 1)
ECAU601201
SEMESTER I 2018/2019

No. Nama Pengajar Alamat E-mail

Reguler
1 Dr. Lianny Leo S.E., M.Si., BAP.
2 Selvy Monalisa S.E., M.B.A./Kurnia Irwansyah Rais S.E., M.Ak.
3 Viska Anggraita S.E., M.S.Ak./Rosita Uli Sinaga S.E., Ak., BAP
4 Dr. Sylvia Veronica Nalurita Purnama Siregar S.E.
5 Dr. Aria Farah Mita S.E., M.S.M/Rallyati M.Ak.
6 Dr. Dini Marina S.E., M.Comm., DEA
Ekstensi
1 Taufik Hidayat S.E., Ak., M.M/ Dr. Aria Farah Mita S.E., M.S.M
2 Sihol Parulian Aritonang, MBA
KKI
1 Rallyati M.Ak.
2 Widhi Astono S.E., MM.

Subject Code ECAU601201

Subject Title Financial Accounting 1

Credit Value 3
Pre-requisite/ Introduction to Accounting 1
Co-requisite/
Exclusion
Role and Purposes The Learning Goal of this subject is applying technical competence in
Accounting Related Fields. The learning outcomes to be achieved in this
subject is applying technical competence in Financial Accounting. In order to
achieve that learning outcome, students will be able to apply International
Financial Reporting Standards (IFRSs) or other relevant standards to
transactions and other events (T1), evaluate the appropriateness of
accounting policies used to prepare financial statements (T2), and prepare
the financial statements in accordance with IFRSs or other relevant standards
(T3), as well as use critical thinking skill and communication skill to deliver
their opinion.

Subject Learning Upon completion of the subject, student will be able to:

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Outcomes
I. Technical Competence In Financial Accounting
1. Apply International Financial Reporting Standards (IFRSs) or other
relevant standards to transactions and other events. (T1)
● Apply the method of recognition, measurement and presentation
of assets, provisions and post-retirement benefits liabilities in
accordance with Indonesian Financial Accounting Standards
(PSAK) and IFRS-related. (LO a)
II. Critical Thinking skill:
Able to arguments, and draw conclusions supported by appropriate-evidence
(CT2)
● Demonstrate evaluation, analysis and comparison alternatives of
choices. (LO b)
III. Communication skill:
Communicate clearly and concisely in presentation and discussion (CO1)
● Able to clearly deliver content with logical structure. (LO c)

Subject Synopsis/
Indicative Syllabus Week Topic and Sub-Topic LO Required reading
# material
1 Financial Accounting and a AK Ch 1
Accounting Standards KW Ch 1
● Global Markets LL Ch 1
● Objective of Financial
Reporting
● Standard Setting
Organizations
● Financial Reporting
Challenges
● International Accounting
Convergence
Conceptual Framework for a SAK Kerangka
Financial Reporting Konseptual
● Objective of Financial Pelaporan Keuangan
Statement LL Ch 2
● Underlying Assumptions AK Ch 2
● Qualitative Characteristics
of FS IASB Framework
● Elements of Financial (2016)
Statement KW Ch 2
● Recognition &
Measurement of FS Exercise:
● Capital and Capital KW: CA1-3; BE2-1;
Maintenance
● Concept
BE2-2
2 Accounting Information Systems a KW Ch 3
● Accounting Information Appendix 3A
System Appendix 3B
● The Accounting Cycle

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 ● Adjusting Entries
● Cash-Basis Accounting vs
Accrual-Basis Accounting
● Using Reversing Entries
Elements and Usefulness of
Financial Statements: Kerangka
● Statement of Profit or Konseptual
Loss and Other Pelaporan
Comprehensive Income Keuangan
● Statement of Financial
Position
● Statement of Changes in Exercise:
Owner’s Equity KW: E3-1; E3-5; E3-
● Statement of Cash Flow 15; E3-16
● Notes to Financial
Statement
3 Statement of Profit or Loss and a KW Ch 4
Other Comprehensive Income LL Ch 19
● Statement of Profit or Loss PSAK 1 (rev 2015)
and Other Comprehensive
Income Case study:
● Format on the Statement of Statement of Profit
Profit or Loss and Other or Loss and Other
Comprehensive Income Comprehensive
● Reporting within the Income of listed
Statement of Profit or Loss companies (by
and Other Comprehensive nature vs by
Income function)
● Discontinued Operations
● Other Reporting Issues Exercise:
KW: E4-4; E4-17 (a)

4 Statement of Financial Position a KW Ch 5

● Usefulness of Statement of PSAK 1 (rev 2015)
Financial Position LL Ch 19
● Limitations of Statement of Case study:
Financial Position Statement of
● Classification in Statement of financial position of
Financial Position listed companies
(classified vs
unclassified)

Exercise:
KW: E5-3; E5-11
5 Statement of Cash Flows a KW ch 23
● Preparation of the Statement LL Ch 24
of Cash flows: Direct & PSAK 2 (amandemen

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 Indirect Method 2016)
● Special Problems in Case study:
Statement Preparation Statement of cash
● Interest and flow, indirect vs
dividend direct
● Gross or net
amount Exercise:
KW: P 23-6; P 23-7
6 Revenue Recognition a KW Ch 18
● Overview of revenue LL Ch 11
recognition PSAK 72 (2017)
● The five steps process Kuliah Dosen Tamu
● Other revenue recognition
issues Exercise:
● Presentation & Disclosure KW: E18-2; E18-3;
E18-5; E18-9
7 Inventories a KW Ch 8 & 9
● Physical Goods Included in LL Ch 9
Inventory PSAK 14 (ver 2014)
● Recognition
● Cost Flow Assumption
● Lower-of-Cost-or-Net Exercise:
Realizable Value (LCNRV) KW: P8-1; P8-4, P8-
● The Gross Profit Method of 6, P9-2, P9-5
Estimating Inventory
● Presentation & Disclosure
8 Acquisition and Disposition of a KW Ch 10
Property, Plant, and Equipment LL Ch 3, 7
(PPE) PSAK 16 (rev 2015),
● Acquisition of PPE PSAK 26 (rev 2014),
● Valuation of PPE ISAK 9
● Costs Subsequent to
Acquisition AK Ch 10
● Dispositions of PPE
● Dismantling Cost Exercise:
● Borrowing Cost KW: P10-3, P10-4,
P10-17
9 Special Issues on Property, Plant, a KW Ch 11
Group and Equipment Appendix 11A
discuss ● Depreciation method LL Ch 3
ion ● Depletion PSAK 26 (2014),
● Revaluation PSAK 16 (rev 2015)
● Presentation & Disclosure Case study: Open
Safari

Exercise:
KW: P 11-7, P11-9,

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 P11-12, P11-13
10 Investment Property and Non- a LL Ch 5 & 22
Current Asset Held for Sale AK Ch 11
● Investment Property (PSAK PSAK 13 (rev 2015)
13) ISAK 31 (2015)
o Recognition PSAK 58 (2014)
o Measurement (Cost
Model vs Fair Value
Model)
o Transfer Exercise:
o Derecognition LL : E5.2, E22.2,
o Presentation & Disclosure E22.3, CS22.2
● Non-current Asset Held for
Sale (PSAK 58)
o Recognition
o Measurement (incl.
Impairment)
o Derecognition
o Presentation & Disclosure
11 Intangible Assets a KW 12
● Intangible Asset Issues LL Ch 6
● Types of Intangible Assets PSAK 19 (rev 2015)
● Goodwill ISAK 14
● Research and Development
Costs Exercise:
● Presentation & Disclosure KW : E12-3, E12-12,
P12-1, P12-2
12 Impairment of Non-Financial a LL Ch 8
Assets KW Ch 11
(Fixed Asset, Investment PSAK 48 (rev 2014)
Property, Intangible asset)
● Identifying Impairment
● Measuring Recoverable Exercise:
Amount KW : E11-18, E11-19
● Recognizing Impairment Loss LL : P8.2, LL E 8.1
● Cash Generating Units
● Reversing an Impairment
Loss
● Presentation & Disclosure
13 Provisions, and Contingencies a KW 13
Group ● Provisions LL ch 14
discuss ● Contingent Liabilities PSAK 57 (rev 2014)
ion ● Contingent Assets
● Presentation & Disclosure Simple case study
from PSAK 57 and
from other

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 resources

Exercise:
KW : E13-7, E13-18,
P12-5, P13-10
14 Accounting for Pension and Post- a AKM2
retirement Benefit Modul PSAK 24
● Nature of Pension Plan LL Ch 12
● Accounting for Pension PSAK 24 (rev 2015)
● Using a Pension Worksheet ISAK 15
● Reporting Pension Plan in
Financial Statements Exercise:
KW : P20-1, P20-4,
P20-5, P20-10
Teaching /Learning Teaching method uses active lecturing and class discussions, in which
Methodology students achieve the study objectives by discussing and completing related
problems or cases under the guidance of lecturer. The problems and cases
are taken from the text book and other sources.

There are several sessions that use small group discussion. Students are also
required to attend the tutorial sessions and practicum to improve their
technical skill related to all topics in this subject. The students will be
required by tutor to complete the problems, quizzes, and home works.

Assessment Method
in Alignment with Specific Assessment % Weighting
Intended Learning Methods/Ta
Outcomes sks
a b c
√ = Teaching Continuous 100%
Learning Activities Assessment
% = assessed for GROUP 5%
AOL Small Group √ √ √
Discussion (5%)
INDIVIDUAL 95%
Mid Term Exam (35%) 100%
Final Exam (35%) 100%
Participation and √ √ √
Discussion (5%)
Quizzes (10%) √ √ √
Tutorial/Home √ √ √
work (10%)

Details of learning The specific learning methods used in this subject are:
methods 1. Lecturing
2. Small Group Discussion

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 Almost in all sessions, the students will participate in small group
discussion. The discussion is designed to raise their curiosity as well as to
solve some assignments.
Student Study
Effort Expected Class Contacts:
Lectures 28 Hours
Tutor 20 Hours
Student discussion 4 Hours
Other student study effort:
Preparation for project/assignment/tests 20 Hours

Reading List and Required Readings:

References 1. Kieso, Donald E., dan Jerry Weygandt, Warfield, Terry., Intermediate
Accounting, IFRS Edition, 3rd edition, John Wiley and Sons, 2018 (KW)
2. Lau, Peter and Lam, Nelson, Intermediate Financial Reporting: An IFRS
Perspective 2nd ed, McGraw-Hill, 2011 (LL)
3. Kartikahadi, Hans, et al. Akuntansi Keuangan berdasarkan SAK berbasis
IFRS, edisi 2, Buku 1, Ikatan Akuntansi Indonesia, 2016 (AK)
4. Martani, Dwi, et al., Akuntansi Keuangan Menengah 2, Penerbit
Salemba Empat, 2014 (AKM2)
5. Relevant PSAK and KKPK.

e-learning sources:
1. www.ifrs.org
2. www.iaiglobal.or.id
3. www.iasplus.com