PUBLIC SECTOR ACCOUNTING (2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: LO1 – explain the nature, characteristic, standard and concept of public sector, including not-for-profit organisation; LO2 – explain the government budgeting cycle and budgetary accounting and government accounting system and standards; LO3 – prepare transaction journal entries and basic report for public service agency; LO4 – prepare transaction journal entries and basic report for state and local government; LO5 – explain how to audit government and public sector entities financial statements.

Topics:

1.  Introduction for Public Sector Organization (PSA-BLU): Characteristic, Governance, Budget and Control;
2. International Public Sector Accounting Standards – An Introduction;
3. Accounting for Colleges and Universities;
4. Accounting for Health Care Providers;
5. Indonesia Government Accounting Standards;
6. Budgeting (APBN) Cycle of Indonesian State Government;
7. Government Accounting System Including Standard Journal Entries;
8. Public Services Agency (PSA-BLU);
9. Budgeting (APBD) Cycle of Indonesian Local Government;
10. Local Government Accounting System Including Standard Journal Entries;
11. Auditing Government and Public Sector (Not-for-Profit Organization).