Modern Budgeting Course unit title Modern Budgeting Course unit code AKM321 Type of course unit (compulsory, optional) Optional Level of course unit (according to EQF: first cycle Bachelor, second cycle Master) Second Cycle Bachelor Year of study when the course unit is delivered (if applicable) 2021–2022 Semester/trimester when the course unit is delivered 4th semester Number of ECTS credits allocated 4.8 credits Name of lecturer(s) Basuki, Ph.D., MCom (HONS)., S.E., Ak., CMA. Iman Harymawan, Ph.D, MBA., S.E. Dr. Erina Sudaryati, S.E., M.Si., Ak., CMA. Khusnul Prasetyo, S.E., M.M., Ak., CMA., CA. Learning outcomes of the course unit Students are able to explain the concept of budgeting and its role in corporate planning and control. Students are able to calculate and prepare a simple manufacturing company budget using a conventional approach and an ABC-based flexible budget. Students are able to independently describe the latest developments related to company budgeting (Beyond Budgeting concept). Mode of delivery (face-to-face, distance learning) Face-To-Face Prerequisites and co-requisites (if applicable) Cost Accounting Course content The What and Why of Budgeting and Its Strategic Planning Administering the Budget: Reports, Analyses, and Evaluations Profit Planning: Targeting and Reaching Achievable Goals Master Budget: Genesis of Financial Forecasting and Profit Planning Cost Behavior: Emphasis on Flexible Budgets Evaluating Performance: The Use of Variance Analysis Manufacturing Costs: Sales Forecasts and Realistic Budgets Marketing: Budgeting for Sales, Advertising, and Distribution Research and Development: Budgets for a Long-Term Plan Cash Budgeting and Forecasting Cash Flow: Two Pragmatic Methods Budgeting for Cost Management: Activity-Based Budgeting and Life-Cycle Budgeting Zero-Base Budgeting: Priority Budgeting for Best Resource Allocation Managers’ Performance and Balanced Scorecard: Evaluation at the Division Level Budgeting for Service Organizations: Special Features Recommended or required reading and other learning resources/tools Shim, Jae K; Siegel, Joel G.; and Shim, Allison I, 2011, Budgeting Basics and Beyond, 4th Edition, Wiley. (Required) Planned learning activities and teaching methods Lectures Individual assignments Language of instruction Bilingual, Bahasa Indonesia and English Assessment methods and criteria Assignments