FINANCIAL ACCOUNTING II (3 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: LO1 – Apply the methods of recognition, measurement, and presentation of equity and dilutive securities based on International Financial Reporting Standards (IFRS) and Standar Akuntansi Keuangan (SAK); LO2 – Apply the methods of recognition, measurement, and presentation of investments based on International Financial Reporting Standards (IFRS) and Standar Akuntansi Keuangan (SAK); LO3 – Apply the methods of recognition, measurement, and presentation of revenue based on International Financial Reporting Standards (IFRS) and Standar Akuntansi Keuangan (SAK); LO4 – Apply the accounting standards for income taxes, pensions and post retirement benefits, and leases; LO5 – Apply the accounting standards for accounting changes and error analysis and the methods of presentation and disclosure in financial reporting; LO6 – Prepare the statement of cash flows.

Topics:

1. Investments;
2. Presentation and Disclosure in Financial Reporting;
3. Accounting for Pensions and Post Retirement Benefits Part 2;
4. Statement of Cash Flows;
5. Accounting for Pensions and Post Retirement Benefits;
6. Dilutive Securities and Earnings per Share;
7. Accounting for Income Taxes;
8. Revenue Recognition;
9. Accounting Changes and Error Analysis;
10. Accounting Changes and Error Analysis Part 2;
11. Accounting for Leases;
12. Installment Sales;
13. Equity.