FINANCIAL ACCOUNTING I (4 Credits)

Learning Outcomes:

On successful completion of this course, students will be able to: prepare the financial reporting based on the accounting standards; apply the time value of money concept on the accounting cases and transactions; apply the methods of recognition, measurement, and presentation of assets that consist of cash and receivables, inventories, property, plant and equipment, and intangible assets based on International Finan; apply the methods of recognition, measurement, and presentation of liabilities both current and noncurrent based on International Financial Reporting Standards (IFRS) and Standar Akuntansi Keuangan (SAK).

Topics:

1. Accounting and the Time Value of Money;
2. Cash and Receivables;
3. Valuation of Inventories: A Cost-Basis Approach;
4. Inventories: Additional Valuation Issues;
5. Financial Reporting and Accounting Standards;
6. Conceptual Framework for Financial Reporting;
7. The Accounting Information System;
8. Income Statement and Related Information;
9. Statement of Financial Position and Statement of Cash Flows;
10. Acquisition and Disposition of Property, Plant, and Equipment;
11. Depreciation, Impairments, and Depletion;
12. Intangible Assets;
13. Current Liabilities, Provisions, and Contingencies;
14. Non-Current Liabilities.