SYLLABUS & SAP

MM5004 – Financial Report and Control

MASTER OF BUSINESS ADMINISTRATION PROGRAM

SCHOOL OF BUSINESS AND MANAGEMENT
INSTITUT TEKNOLOGI BANDUNG
2022

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1. Mission of SBM ITB
SBM ITB has mission as follows:

“To educate students to be innovative leaders with an entrepreneurial mindset and to

develop and disseminate knowledge of business and management for the betterment of
business, government, and society”

2. Course Description
-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. Managerial 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; managerial
accounting encompasses the methods that are applied to arrive at this end result. With
regard to your coursework, we 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
remind you that attendance is a significant factor in the rigorous involvement of your learning
experience.  For this reason, attendance is tied to your grade.  More specifically,
you have a required minimum attendance of 80%; otherwise, you will be
downgraded. We look forward to our class sessions
together.  Thank you.

3. Learning Goals and Objectives of Master of Business

Administration
Master of Business Administration has learning goals and objectives as on Table 1 below.
Fourth column shows the LG/LO of study program attached to courses.

Table 1. Learning Goals and Objectives of Master of Business Administration

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No Learning Goal Learning Objectives Course LG/LO

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4. Reading Material
Intermediate Accounting: IFRS Ed. Edisi 2, Managerial Accounting; 2nd ed

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 5. The Course Schedule/ Plan
Table 3 present the class activities that are required to achieve the learning objectives of this course.

Table 3. Weekly Class Activities of Financial Report and Control

Week/ Date/ Activities Lecturer

Module
Topic: -
Financial Reporting
Sub-topic:
Global Markets, Objective of Financial Reporting
Session 1 Activity:
Monday, 19th Lecture and Discussion
September 2022
06:30 - 07:20 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 2 Topic: -
Monday, 19th Accounting Standards
September 2022
07:20 - 08:10 Sub-topic:
Standard-Setting Organizations, Financial Reporting Challenges
Final Project Room 1 Activity:
Barrac Building Lecture and Discussion

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 Description:

Course Outcomes:
Integrative Thinking
Reference:
-

Topic: -
Conceptual Framework for Financial Reporting
Sub-topic:
Conceptual Framework, Basic Objective
Session 3 Activity:
Tuesday, 20th Lecture and discussion
September 2022
06:30 - 07:20 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 4 Topic: -
Tuesday, 20th Conceptual Framework, Basic Objective
September 2022
07:20 - 08:10 Sub-topic:
Recognition, Measurement and Disclosure Concepts
Final Project Room 1 Activity:
Barrac Building Lecture and discussion
Description:

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 Course Outcomes:
Integrative Thinking
Reference:
-

Topic: -
The Accounting Information System
Sub-topic:
Accounting Information System, The Accounting Cycle
Session 5 Activity:
Wednesday, 21st Lecture and discussion
September 2022
06:30 - 07:20 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 6 Topic: -
Wednesday, 21st Accounting Information System
September 2022
07:20 - 08:10 Sub-topic:
Financial Statements for a Merchandising Company, Cash-Basis Accounting versus
Final Project Room 1 Accrual-Basis Accounting
Barrac Building Activity:
Lecture and discussion
Description:

Course Outcomes:

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 Integrative Thinking
Reference:
-

Topic: -
Income Statement and Related Information
Sub-topic:
Income Statement, Format of the Income Statement
Session 7 Activity:
Thursday, 22nd Lecture and discussion
September 2022
06:30 - 07:20 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 8 Topic: -
Thursday, 22nd Income Statement and Related Information
September 2022
07:20 - 08:10 Sub-topic:
Reporting within the Income Statement, Other Reporting Issues
Final Project Room 1 Activity:
Barrac Building Lecture and discussion
Description:

Course Outcomes:
Integrative Thinking
Reference:

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 -

Topic: -
Statement of Financial Position
Sub-topic:
Statement of Financial Position
Session 9 Activity:
Monday, 26th Lecture and discussion
September 2022
06:30 - 07:20 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 10 Topic: -
Monday, 26th Statement of Cash Flows
September 2022
07:20 - 08:10 Sub-topic:
Statement of Cash Flows, Additional Information
Final Project Room 1 Activity:
Barrac Building Lecture and discussion
Description:

Course Outcomes:
Integrative Thinking
Reference:
-

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 Topic: -
Accounting Changes and Error Analysis
Sub-topic:
Accounting Changes, Changes in Accounting Policy
Session 11 Activity:
Tuesday, 27th Lecture and discussion
September 2022
06:30 - 07:20 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Topic: -
Accounting Changes and Error Analysis
Sub-topic:
Changes in Accounting Estimates, Accounting Errors, Error Analysis
Session 12 Activity:
Tuesday, 27th Lecture and discussion
September 2022
07:20 - 08:10 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

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 Topic: -
Presentation and Disclosure in Financial Reporting
Sub-topic:
Full Disclosure Principle, Notes to the Financial Statements, Disclosure Issues
Session 13 Activity:
Wednesday, 28th Lecture and discussion
September 2022
06:30 - 07:20 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Topic: -
Presentation and Disclosure in Financial Reporting
Sub-topic:
Auditor’s and Management’s Reports, Current Reporting Issues
Session 14 Activity:
Wednesday, 28th Lecture and discussion
September 2022
07:20 - 08:10 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 15 Topic: -
Thursday, 29th Mid test

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 Sub-topic:
Mid test
Activity:
Written test (on site)
September 2022 Description:
06:30 - 07:20

Final Project Room 1 Course Outcomes:

Barrac Building Integrative Thinking
Reference:
-

Topic: -
Mid test
Sub-topic:
Mid test
Session 16 Activity:
Thursday, 29th Written test (on site)
September 2022
07:20 - 08:10 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 17 Topic: -
Monday, 3rd October Managerial Accounting : An Overview
2022
06:30 - 07:20 Sub-topic:
What Is Managerial Accounting ? Why Does Managerial Accounting Matter to Your

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 Career ?
Activity:
Lecture and discussion
Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Topic: -
Managerial Accounting : An Overview
Sub-topic:
Managerial Accounting: Beyond the Numbers
Session 18 Activity:
Monday, 3rd October Lecture and discussion
2022
07:20 - 08:10 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 19 Topic: -
Tuesday, 4th October Managerial Accounting and Cost Concepts
2022
06:30 - 07:20 Sub-topic:
Cost Classifications for Assigning Cost to Cost Objects, Cost Classifications for
Manufacturing Companies, Cost Classifications for Preparing Financial Statements

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 Activity:
Lecture and discussion
Description:

Final Project Room 1 Course Outcomes:

Barrac Building Integrative Thinking
Reference:
-

Topic: -
Managerial Accounting and Cost Concepts
Sub-topic:
Cost Classifications for Predicting Cost Behavior, The Analysis of Mixed Costs,
Traditional and Contribution Format Income Statements
Session 20
Tuesday, 4th October Activity:
2022 Lecture and discussion
07:20 - 08:10 Description:
Final Project Room 1
Barrac Building Course Outcomes:
Integrative Thinking
Reference:
-

Session 21 Topic: -
Wednesday, 5th October Job-Order Costing
2022
06:30 - 07:20 Sub-topic:
Job-Order Costing - An Overview, Job-Order Costing - An Example, Job-Order Costing -
The Flow of Costs

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 Activity:
Lecture and discussion
Description:

Final Project Room 1 Course Outcomes:

Barrac Building Integrative Thinking
Reference:
-

Topic: -
Job-Order Costing
Sub-topic:
Schedules of Cost of Goods Manufactured and Cost of Goods Sold, Underapplied and
Overapplied Overhead – A Look, Job-Order Costing in Service Companies
Session 22
Wednesday, 5th October Activity:
2022 Lecture and discussion
07:20 - 08:10 Description:
Final Project Room 1
Barrac Building Course Outcomes:
Integrative Thinking
Reference:
-

Session 23 Topic: -
Thursday, 6th October Process Costing
2022
06:30 - 07:20 Sub-topic:
Comparison of Job-Order and Process Costing, Cost Flows in Process Costing,
Equivalent Units of Production

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 Activity:
Lecture and discussion
Description:

Final Project Room 1 Course Outcomes:

Barrac Building Integrative Thinking
Reference:
-

Topic: -
Process Costing
Sub-topic:
Compute and Apply Costs, Operation Costing
Session 24 Activity:
Thursday, 6th October Lecture and discussion
2022
07:20 - 08:10 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 25 Topic: -
Monday, 10th October Cost-Volume-Profit (CVP) Relationships
2022
06:30 - 07:20 Sub-topic:
The Basics of CVP, Break-Even and Target Profit Analysis, CVP Considerations in
Final Project Room 1 Choosing a Cost Structure
Barrac Building Activity:

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 Lecture and discussion
Description:

Course Outcomes:
Integrative Thinking
Reference:
-

Topic: -
Cost-Volume-Profit (CVP) Relationships
Sub-topic:
Structuring Sales Commissions, Sales Mix
Session 26 Activity:
Monday, 10th October Lecture and discussion
2022
07:20 - 08:10 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

Session 27 Topic: -
Tuesday, 11th October Variable Costing and Segment Reporting : Tools for Management
2022
06:30 - 07:20 Sub-topic:
Variable Costing and Segment Reporting : Tools for Management, Variable and
Final Project Room 1 Absorption Costing - An Example, Reconciliation of Variable Costing with Absorption
Barrac Building Costing Income, Advantages of Variable Costing and the Contribution Approach
Activity:

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 Lecture and discussion
Description:

Course Outcomes:
Integrative Thinking
Reference:
-

Topic: -
Variable Costing and Segment Reporting : Tools for Management
Sub-topic:
Segmented Income Statements and the Contribution Approach, Segmented Income
Statements - An Example, Segmented Income Statements - Decision Making and
Break-Even Analysis, Segmented Income Statements - Common Mistakes, Income
Session 28
Tuesday, 11th October Statements - An External Repo
2022 Activity:
07:20 - 08:10 Lecture and discussion
Description:
Final Project Room 1
Barrac Building
Course Outcomes:
Integrative Thinking
Reference:
-

Session 29 Topic: -
Wednesday, 12th Activity-Based Costing : A Tool to Aid Decision Making
October 2022
06:30 - 07:20 Sub-topic:
Activity-Based Costing: An Overview, Designing an Activity-Based Costing (ABC)

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 System, The Mechanics of Activity-Based Costing, Comparison of Traditional and ABC
Product Costs
Activity:
Lecture and discussion
Description:
Final Project Room 1
Barrac Building Course Outcomes:
Integrative Thinking
Reference:
-

Topic: -
Activity-Based Costing : A Tool to Aid Decision Making
Sub-topic:
Targeting Process Improvements, Activity-Based Costing and External Reports, The
Limitations of Activity-Based Costing
Session 30
Wednesday, 12th Activity:
October 2022 Lecture and discussion
07:20 - 08:10 Description:
Final Project Room 1
Barrac Building Course Outcomes:
Integrative Thinking
Reference:
-

Session 31 Topic: -
Thursday, 13th October Final test
2022
Sub-topic:

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 Final test
Activity:
Written test (on site)
Description:
06:30 - 07:20

Final Project Room 1 Course Outcomes:

Barrac Building Integrative Thinking
Reference:
-

Topic: -
Final test
Sub-topic:
Final test
Session 32 Activity:
Thursday, 13th October Written test (on site)
2022
07:20 - 08:10 Description:

Final Project Room 1 Course Outcomes:

Barrac Building
Integrative Thinking
Reference:
-

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6. Assessment Summary
Table 4. Assessment summary and weight of Financial Report and Control

ASSESSMENT TASK DUE DATE

7. Grading Policy

Aspect %
TOTAL 100

8. Course Policy
1. Students should allocate sufficient time for lecture, do assignments, and collect data from field 2.
Students have to discuss concepts and cases with their syndicate 3. Students must elaborate
practical cases apart from cases given 4. Students should have a proper note 5. Students have to
have minimum attendance is at 80 %. 6. Contribute actively in the class

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9. Lecture(S)/ Facilitator(S) Profile

Lecture Profile
1 Name : Asep Darmansyah

E-mail : asep.darmansyah@sbm-itb.ac.id

Office : Bandung

Short Profile

Faculty

2 Name : Harry Z Soeratin

E-mail : harry.soeratin@sbm-itb.ac.id

Office : x

Short Profile

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