Course unit title

Legal Aspects of the Profession

Course unit code

MNM311

Type of course unit (compulsory, optional)

Compulsory

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)

  1. Novrys Suhardianto, SE., M.S.A., Ph.D., Ak., CA.
  2. Sigit Kurnianto, SE., MSA., Ak., SAS., AAP B., CA.
  3. Drs. Djoko Dewantoro, M.Si., Ak. 
  4. Dr. Elia Mustikasari, SE., M.Si., Ak., CMA., CA.
  5. Dr. Ahmad Rizki Sridadi, SH., MM., MH.
  6. Widio Rahardjo, SH., M.Kn.

Learning outcomes of the course unit

  1. Students can explain and provide examples regarding the implementation of rules that regulates the accounting profession.
  2. Students can explain the role of professional standards in carrying out work related to the accounting profession including auditing, taxation, and other financial services.
  3. Students are able to explain the legal rights and obligations of accountants in carrying out their profession.
  4. Students are able to demonstrate a responsible attitude in carrying out regulations related to corporations and/or contracts to other parties.

Mode of delivery (face-to-face, distance learning)

Face-To-Face

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Accounting Profession Fields of Work
  2. The Requirements for Accounting Practice Competency
  3. Standards in the Accounting Profession 
  4. Legal Aspects in the Preparation of Non-Attest Accounting Service Contracts
  5. The Obligation to Prepare Financial Statements of Business Entities (Corporations)
  6. Potential Violations of Criminal/Civil Law in Accounting Practice
  7. Associations and Institutions for Supervision and Development of the Accounting Profession
  8. Accounting Profession in the Capital Market
  9. The Legal entities, Services, and the Rights and Obligations of the Public Accounting Profession
  10. State Finance Law
  11. Government Internal Supervisory Apparatus (APIP), External Auditor, and Accountants
  12. The Regulation of Tax Consultants and Tax Accountants
  13. Fiscus and Tax Court
  14. Islamic Financial Institutions, Sharia Accounting Standards, Sharia accounting regulators (DSAS, DSN MUI), and Sharia auditors and supervisors

Recommended or required

reading and other learning resources/tools

  1. Financial Accounting Standards/SAK. (Required)
  2. Government Accounting Standards/SAP. (Required)
  3. Sharia Accounting Standards/SAS. (Required)
  4. Professional Standards of Public Accountants/SPAP. (Required)
  5. Limited Liability Law no.40 of 2007. (Required)
  6. Government Regulation no.24 of 1998, no.64 of 1999, no.60of 2008, no.192 of 2014 and no.20 of 2015. (Required)
  7. Minister of Industry Regulation no.121/MPP/Kep/2/2002. (Required)
  8. Criminal Code. (Required)
  9. Civil Code. (Required)
  10. Minister of Finance Regulation no.216, 154, 155, 184 of 2017. (Required)
  11. Decree of the Minister of Finance no.263/KMK.01/2014. (Required)
  12. Public Accountant Law no.5 of 2011. (Required) 
  13. Law no.34 of 1954, no.17 of 2003, no.1 of and 15 of 2004, no.111 and 229 of 2014. (Required)
  14. Indonesian Institute of Accountants website http://www.iaiglobal.or.id (Recommended)

Planned learning activities and teaching methods

  1. Lectures
  2. Group Presentation 
  3. Discussion
  4. Individual Assignments

Language of instruction

Bilingual, Bahasa Indonesia and English

Assessment methods and criteria

  1. Presentation (20%)
  2. Contract drafting practice (10%)
  3. Midterm exam (35%)
  4. Final exam (35%)