Course unit title

Accounting Theory

Course unit code

AKA608

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

1st semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Dr. Hamidah
  2. Dr. Zaenal Fanani
  3. Prof. Sugeng Sutejo
  4. Prof I Made Narsa

Learning outcomes of the course unit

After taking this course students are expected to be able to:

  1. Understand strong accounting concepts and theories so that their technical knowledge becomes more meaningful.
  2. Solve various accounting problems in a rational way and based on clear reasoning
  3. Creating the most suitable accounting structure for a particular problem
  4. Evaluate and contribute to improve current accounting practices
  5. Explore ideas on accounting issues that can be raised as research topics

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Theoretical framework for accounting
  2. Key concepts of accounting theory 
  3. Demand and supply for accounting information
  4. Relevance of creating a financial reporting
  5. Purpose of financial reporting
  6. Qualitative characteristics
  7. Concepts and principles
  8. Comprehensive cases on assets
  9. Comprehensive cases on liabilities
  10. Accounting policy in income
  11. Accounting policies in earnings management
  12. Professional cases
  13. Agency theory cases
  14. Positive accounting theory and economic consequences
  15. Professional issue in accounting policy
  16. International cases

Recommended or required

reading and other learning resources/tools

  1. Scott, William R. Financial Accounting Theory.  Fifth Edition, Pren tice-Hall Canada Inc , 2009 
  2. Wolk, Harry I.; Michael G. Tearney; dan James L. Dodd. Accounting The- ory: A  Conceptual and Institutional Approach. Cincinnati, OH: South-Western College Publishing, 2001. 
  3. Belkaoui, Ahmed Riahi. Accounting Theory. Australia: Thomson, 2004. 
  4. Hendriksen, Eldon S. dan Michael E. Van Breda. Accounting Theory. Home- wood, IL: Irwin, 1992/6. HDS 
  5. Financial Accounting Standards Board (FASB). Statements of Financial 
  6. Ikatan Akuntan Indonesia (IAI). Standar Akuntansi Keuangan. Jakarta: IAI, 2012 atau edisi terbaru. 
  7. Rebublik Indonesia. Standar Akuntansi Pemerintahan. Fokusindo Mandiri, 2013 atau edisi terbaru. 
  8. Watts, Ross L. dan Jerold L. Zimmerman. Positive Accounting Theory. Englewood Cliff, NJ: Prentice-Hall, 1986.
  9. Articles from relevant journals

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Advanced Management Accounting

Course unit code

AKM605

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

2nd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Dr. Noorlailie Soewarno, SE., MBA., CMA., CA.
  2. Dr. Rer. Pol., Debby Ratna Daniel, SE., CMA., CIBA., Ak.
  3. Dr. isnalita, MSi, Ak.
  4. Ir. Maryono Supoyo, MS

Learning outcomes of the course unit

  1. Students are able to understand and explain the general description of The Strategic Role of Management Accounting
  2. Students are able to understand and explain the material about Planning and Decision-Making Under Risk
  3. Students are able to understand and explain the material about Management Control
  4. Students are able to understand and explain material about Cost Information for Decision-Making and Control
  5. Students are able to understand and explain material about Budgeting and Beyond
  6. Students are able to understand and perform analysis with Financial Modeling approach
  7. Students are able to understand and perform analysis using a Cost Analysis and Estimation approach
  8. Students are able to understand and perform analysis with an Investment Analysis approach
  9. Students are able to explain the material about Management and Operational Performance
  10. Students are able to explain the material about Transfer Pricing in Decentralized Organizations
  11. Students are able to explain the material about Integrated Financial and Non-Financial Measures
  12. Students are able to explain the material about Inter-organizational Control

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. The Strategic Role of Management Accounting
  2. Planning and Decision-Making Under Risk
  3. Management Control
  4. Financial Modelling
  5. Budgeting and Beyond
  6. Cost Analysis and Estimation
  7. Investment Analysis
  8. Management and Operational Performance
  9. Transfer Pricing in Decentralized Organizations
  10. Integrated Financial and Non-Financial Measures
  11. Inter-organizational Control
  12. Incentive systems in organisations

Recommended or required

reading and other learning resources/tools

  1. Advanced Management Accounting, Frank Selto & Tom Groot, Free University, Amsterdam

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Auditing

Course unit code

AKA610

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

1st semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Dr. Zaenal Fanani
  2. Prof. Dr. Arsono

Learning outcomes of the course unit

The objectives of this course are:

  1. To improve understanding of basic audit concepts such as: audit evidence, materiality, audit risk, and judgment in audits
  2. To discuss and analyze the professional standards of public accountants
  3. To improve the ability to carry out research within the scope of professional standards of public accountants
  4. To raise awareness of important issues related to auditor ethics
  5. Interpret the independent auditor's report
  6. To increase understanding of the Sarbanes-Oxley Act 2002 and its implications for audit practice
  7. To improve reading, writing, and oral communication skills associated with auditor tasks

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Theoretical framework for auditing
  2. The role of the audit
  3. Key concepts of agency theory
  4. Demand and supply for financial information
  5. The demand for auditing 
  6. The relevance of audit reports
  7. Current professional auditing 
  8. Current professional auditing standards on audit evidence
  9. Current professional auditing standards on internal control
  10. Internal control issues
  11. Current professional auditing standards on audit reports
  12. Audit of high risk accounts
  13. Code of professional standards
  14. Ethical responsibilities of independent auditor
  15. Professional roles
  16. Professional issue
  17. International cases

Recommended or required

reading and other learning resources/tools

  1. Robert Mautz and Sharif, The Philosophy of Auditing, American Accounting Association, 1961. (MS)
  2. Arens, Alvin, R. Elder, and, M. Beasley (2011). Auditing and Assurance Services, (14th ed.).Pearson Publishing. (AEB)
  3. Knapp, Michael C., Contemporary Auditing Real Issues & Cases, 9th Edition, South-Western Publishing, 2011 (K)
  4. IAPI (2011). Standar professional akuntan publik, Salemba Empat. (SPAP)

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Behavioral Accounting

Course unit code

AKM616

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

3rd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Alfiyatul Qomariya, Ph.D
  2. Prof. Dr. Bambang Tjahjadi, MBA., Ak. CPM., CMA., CA. (BTJ)
  3. Dr. Andry Irwanto, MBA., Ak., CMA. (AND)
  4. Alfiyatul Qomariyah, S.Ak.,MBA.,Ph.D.

Learning outcomes of the course unit

The behavioral accounting course combines the domains of financial accounting and management accounting with an emphasis on behavioral aspects in accounting research. The broad scope includes all areas (research) that are affected by the output of the accounting information system and all areas that affect the accounting information system. The teaching in this course aims to provide understanding to master's program students about behavioral concepts and theories, application of behavioral concepts and theories to accounting research, research methods that are suitable for use in behavioral research in accounting, and interpretation of research results and their practical implications. accounting profession. Therefore, in this course, the discussion includes theoretical concepts and articles on behavioral accounting research with a focus on critical review and evaluation of the theoretical background, as well as the research methods used.

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Introduction to behavioral accounting
  2. Aspiration Theory
  3. Goal Setting Theory
  4. Expectancy Theory
  5. Person-Environment Fit Theory
  6. Probabilistic Mental Model
  7. Fuzzy Theory
  8. CONTINGENCY Theory
  9. Resource Based View
  10. Legitimacy/Institutional
  11. Cognitive Dissonance Theory
  12. Justice Theory
  13. Attribution Theory
  14. Utility Theory
  15. The Nonrational Escalation of Commitment
  16. Heuristic & Bias Theory
  17. Prospect Theory
  18. Framing Theory
  19. Contingency Approach to the Design of Accounting Systems
  20. Functional and Data Fixation
  21. Goal Setting, Participative Budgeting, and Performance. The Practice of Slack: A Review
  22. Human Resource Consideration in Public Accounting Firms
  23. Culture Determinism in Accounting
  24. Behavioral Research in Managerial Accounting

Recommended or required

reading and other learning resources/tools

  1. Ashton, R. H., & Ashton, A. H. 1995. Judgment and Decision Making Research in Accounting and Auditing. Cambridge Series on Judgment and Decision Making, U.S.A: Cambridge University Press. (AA)
  2. Bazerman, M. H. 1994. Judgment in Managerial Decision Making. Third Edition, Singapore: John Wiley & Sons, Inc. (BAZ)
  3. Belkoui, A. 1989. Behavioral Accounting: The Research and Practical Issues. Quorum Books, USA, Connecticut: Greenwood Press, Inc. (BEL)
  4. Siegel, Gary, dan Helene Ramanauskas-Marconi. 1989, Behavioral Accounting, Cincinnati, Ohio: South-Western Publishing Co. (GS)
  5. Journals:
    1. Behavioral Research in Accounting – BRIA [Vol 1 (1989) – Last Vol]
    2. Accounting, Organization, and Society – AOS [Vol 1 (1979) – Last Vol)]
    3. The Accounting Review (Selected)
    4. Annual Review of Political Sciences (Elected)
    5. Decision Analysis (Selected)
    6. Journal of Management Accounting Research-JMAR (Elected)
    7. Other relevant journals (Selected)

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Business Analysis and Valuation

Course unit code

AKK610

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

3rd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Dr. Wiwiek Dianawati, MSi, Ak.
  2. Prof. Dr. Hj Sri Maemunah  Soeharto,  SE
  3. Nartyan  Adhana, SE., MBA.

Learning outcomes of the course unit

  1. Students are able to understand the framework of business analysis and valuation using financial reports and business strategy analysis
  2. Students are able to understand and implement accounting and financial analysis
  3. Students are able to understand and implement prospective analysis consisting of forecasts, theories and concepts of valuation, as well as their implementation
  4. Students are able to understand and identify the capital market, financial information, pricing on assets, and financial statement information
  5. Students are able to understand and analyze decisions to lend, credit analysis, and distress prediction
  6. Students are able to understand corporate restructuring, financial information, communication and organizational management

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. The role of financial reporting in capital market
  2. The  demand  and  supply  for  financial statement information
  3. From   business   activities   to   financial statement
  4. From   financial   statement   to   business analysis
  5. Industry analysis
  6. Degree of actual and potential competition
  7. Bargaining  power  in  input  and  output markets
  8. The power of supply and buyers
  9. Competitive strategy analysis
  10. Corporate strategy analysis
  11. Institutional framework for financial reporting
  12. Accrual accounting
  13. Delegation of reporting to management
  14. Factors influencing accounting quality
  15. Steps in performing accounting analysis
  16. Value of accounting data and accounting analysis
  17. Recasting financial statement
  18. Overstated and understated assets
  19. Understated liabilities
  20. Equity distortion
  21. Ratio analysis
  22. Decomposing profitability
  23. Assessing operating management
  24. Evaluating investment management
  25. Evaluating financial management
  26. Assessing sustainable growth rate
  27. Cash flow analysis
  28. Overall structure of forecast
  29. Practical framework of forecast
  30. Performance behavior
  31. Sales growth behavior
  32. Earnings behavior
  33. Relationship of forecasting to other analysis
  34. Making forecasts
  35. Sensitivity analysis
  36. Defining value for shareholder
  37. Discounted dividends valuation models
  38. Discounted abnormal earnings valuation models
  39. Valuation using price multiples
  40. Shortcut forms of earnings based valuation
  41. Discounted cash flow model
  42. Comparing valuation methods
  43. Computing a discount rate
  44. Detailed forecasts of performance
  45. Terminal values
  46. Computing assets and equity values
  47. Some practical issues in valuation
  48. Investor objective and investment vehicle
  49. Equity security analysis and market efficiency
  50. Active and passive management- investment approach
  51. Capital market reaction to firm oriented announcements
  52. Association between security returns and account earning
  53. Market efficiency anomalies
  54. Equilibrium theories of equity security
  55. expected returns (CAPM, APT and linkage between CAPM and APT)
  56. Equilibrium theory of option pricing
  57. Economic determinants of beta and variance
  58. Estimation of beta and variance
  59. Information source for loan decisions
  60. Descriptive analysis of existing loans decision
  61. Quantitative approach to loan decision
  62. Existing loan decision and accounting alternatives
  63. Rating of debt securities
  64. Market for credit
  65. Credit analysis process in private debt markets
  66. Financial statement analysis and public debt
  67. Prediction of distress and turnaround
  68. Explaining corporate restructuring behavior
  69. Source of value in corporate restructuring
  70. Information source about firm value
  71. Motivation for merger and acquisition
  72. Acquisition pricing
  73. Acquisition financing and form of payment
  74. Acquisition outcome
  75. Governance overview
  76. Management communication with investor
  77. Communication through financial reporting
  78. Communication through financial policies
  79. Alternate forms of investor communication

Recommended or required

reading and other learning resources/tools

  1. Palepu dan Healy, 2013. Business Analysis and Valuation, 5th edition, South-Western College Publishing. (code : PH)
  2. Subramanyan, 2014. Financial  Statement Analysis, 11th edition, Mc Graw Hill (code: SUB)
  3. Ellis J. Williams, David, 1993. Corporate  Strategy and Financial  Analysis, Pearson Education Limited.
  4. Foster,  George,  1986.  Financial  Statement Analysis, 2nd  edition,  Prentice
  5. Hall, New Jersey. (code : GF)

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Business Ethics for Professional Accountants

Course unit code

AKA612

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

2nd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Prof. Drs. Tjiptohadi Sawarjuwono, M.Ec; Ph.D, CPA, CA, Ak

Learning outcomes of the course unit

  1. Students are able to present or display all kinds of accounting professions that should be (not just public accountants, because all accountants under the IAI, IAPI, and IAMI organizations are considered as professional accountants).
  2. Students are able to explain the requirements of the rules of professional organizations and master all regulations that are relevant to the ethics of the accounting profession 
  3. Students are also able to explain the position and the relationship between religious rules and the rules of professional ethics 
  4. Students are able to express opinions about how best the accounting profession rules according to their understanding.

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Terms of ethics, professional ethics, and relevant religious rules.
  2. Basic professional ethics: independent; objective; competent and prudent principles; secrecy.
  3. Various professional accounting organizations: IAPI, IAMI, FKSPI, IAI and all their compartments.
  4. Professional requirements:
  5. Specialized body of knowledge; formal education; code of ethics; standards of conduct; recognition of status; self-regulated organization/association.

Recommended or required

reading and other learning resources/tools

  1. Al Quran
  2. Ronald F Duska and Brenda Shay Duska, 2006. Accounting Ethics, Black Well Publishing.
  3. Books about the Code of Ethics of the Professional Accountant.
  4. Muhammad Djakfar, 2012, Etika Bisnis. Penebar Plus.
  5. All accounting standards (SAK) and Sharia SAK, Public Accountant Examination Standards (SPAP), books on Taxation, all laws and regulations, as well as IDX regulations.

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Capital Market Analysis and Portfolio Management

Course unit code

MNK638

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

3rd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Dr. Muhammad Madyan, SE, M.Si, M.Finc
  2. Dr. Rahmat Setiawan, SE.,MM.,CFP
  3. Drs. I Made Sudana, MS
  4. Dr. Andry Irwanto, MBA

Learning outcomes of the course unit

  1. Able to analyze various elements of theory, paradigm, principle, and concept of investment management correctly
  2. Able to analyze problems, phenomena and scope of investment through interpretation of relevant data and information
  3. Able to apply analysis tools, valuation and management of stock securities through index models, Capital Assets Pricing Model, Arbitrage Pricing Theory, Multifactor Models of Risk and Premium, as well as bond securities valuation analysis
  4. Able to analyze derivative securities, modern investment theory, and international investment and investment management
  5. Able to produce scientific papers that are tested and at the same time able to communicate research results both orally and in writing

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Financial Instrument
  2. How securities are traded
  3. Mutual Funds and other investment company
  4. Pasar Modal di Indonesia dan Mekanisme Perdagangan
  5. Introduction to Risk, Return, and the Historical Record
  6. Risk Aversion and capital Allocation across Risky and Risk free Portfolios
  7. Optimal Risky Portfolios
  8. A Single Factor Security Market
  9. The Single Index Model
  10. Estimating the Single Index Model
  11. Portfolio Construction and the Single Index Model
  12. Practical Aspect of Portfolio Management with the Index Model
  13. The CAPM and the Index Model
  14. Econometrics and the Expected Return Beta Relationship
  15. Liquidity and the CAPM
  16. Arbitrage pricing Theory
  17. A Multifactor APT
  18. The Multifactor CAPM and the APT
  19. Analysis and strategy of common stocks
  20. Random Walks and the Efficient Market Hypothesis
  21. Implications of the EMH
  22. Event Studies
  23. Are markets Efficient?
  24. Mutual Fund and Analyst Performance
  25. The Behavioral Critique
  26. Technical Analysis and behavioral Finance
  27. Bond Prices and Yields
  28. The Term Structure of Interest Rates
  29. Managing Bond Portfolios
  30. Macroeconomic and Industry Analysis
  31. Equity Valuation Models
  32. Financial Statement Analysis
  33. The Option Contract
  34. Values of options at Expiration
  35. Option Strategies
  36. The Put Call Parity Relationship
  37. Option Valuation
  38. Black Scholes Formula
  39. The Future Contract
  40. Trading Mechanics
  41. Future Markets Strategies
  42. Future Prices
  43. Foreign Exchange Futures
  44. Stock Index Futures
  45. Interest Rate Futures
  46. Swaps
  47. Commodity Futures Pricing
  48. The Conventional Theory of Performance Evaluation
  49. Performance Measurement for Hedge Funds
  50. Performance Measurement with Changing Portfolio Composition
  51. Market Timing 
  52. Evaluating Performance Evaluation
  53. Global Market for Equities
  54. Risk Factors in International Investing
  55. International Investing: Risk, Return, and Benefits from Diversification
  56. International Investing and Performance Attribution
  57. Hedge Funds versus Mutual Funds
  58. Hedge Fund Strategies
  59. Portable Alpha
  60. Optimal Portfolios and Alpha Values
  61. The Treynor-Black Model and Forecast Precision
  62. The Black Litterman Model
  63. Treynor-Black versus Black-Litterman: Complements, Not substitutes
  64. The Value of Active Management

Recommended or required

reading and other learning resources/tools

  1. Bodie, Kane, Alex Kane, Alan J. Marcus, and Ravi Jain. 2014. Investment. Asia Global Edition, McGraw Hill International Edition (BKM).
  2. Elton, Edwin J., Martin J. Gruber, Stephen J. Brown, and William N. Goetzmann, 2014., Modern Portfolio Theory and Investment Analysis, 9E edition, John Wiley & Sons (EG).
  3. Tandelilin, Eduardus, 2010. Portofolio dan Investasi: Teori dan Aplikasi, First Edition, Penerbit Kanisius Yogyakarta (ET).
  4. Articles from relevant journals and relevant cases

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Corporate Finance

Course unit code

AKK618

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

2nd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Yani Permatasari, SAk., MBA
  2. Dr. Andry Irwanto, SE., MBA., Ak

Learning outcomes of the course unit

Students are expected to be able to master various matters related to corporate finance, both funding and investment, and to be able to independently analyze decision-making related to the risks and returns of a funding and investment scenario.

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Corporate finance
  2. Market history dari corporate finance risk and return
  3. Capital Assets Pricing Model (CAPM)
  4. Discounted Cash Flow Valuation ( Time Value of Money) dan Net Present Value and Other Investment rules
  5. Capital Investment decision-making
  6. Risk Analysis, Real Option and Capital Budgeting
  7. Cost Of Capital
  8. Capital Structure
  9. Limits to Use of Debt di dalam  Capital Structure
  10. Dividens and Other Payouts
  11. Leasing
  12. Mergers, Acquisitions, and Divestitures
  13. Financial Distress
  14. International Corporate finance

Recommended or required

reading and other learning resources/tools

  1. Ross, Westerfield, Jaffe, Lim, Tan, Wong: Corporate Finance, Asia Global Edition, 2015 McGraw Hill Education (Asia)

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Corporate Governance in the Context of Accounting

Course unit code

AKM618

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

2nd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Iman Harymawan, Ph.D

Learning outcomes of the course unit

  1. Students are able to explain the general description of Corporate Governance
  2. Students are able to explain the material about The General Governance Structure of a Company
  3. Students are able to explain material about The Internal Corporate Documents
  4. Students are able to explain the material about The Board of Commissioners
  5. Students are able to explain the material about The Board of Directors
  6. Students are able to explain the material about The General Meeting of Shareholders
  7. Students are able to explain material about Corporate Governance Implications of the Charter Capital
  8. Students are able to explain about the material about dividends
  9. Students are able to explain material about Corporate Governance Implications of Corporate Securities
  10. Students are able to explain the material about Information Disclosure
  11. Students are able to explain the material about Control and Audit Procedures

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Corporate Governance
  2. The General Governance Structure of a Company
  3. The Internal Corporate Documents
  4. The Board of Commissioners
  5. The Board of Directors
  6. The General Meeting of Shareholders
  7. Corporate Governance Implications of the Charter Capital
  8. Dividends
  9. Corporate Governance Implications of Corporate Securities
  10. Information Disclosure
  11. Control and Audit Procedures

Recommended or required

reading and other learning resources/tools

  1. The Indonesia Corporate Governance Manual (TICGM)

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Current Issues in Financial Reporting and Auditing

Course unit code

AKA613

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

3rd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Dr. Zaenal Fanani
  2. Dr. Zahroh Naimah

Learning outcomes of the course unit

After taking this course, students are expected to understand well the theory and research of financial accounting and auditing; gain a significant understanding of the topic of financial accounting and auditing issues; understand how to apply accounting methods to financial research and auditing; know how to critically evaluate financial accounting and auditing research, and demonstrate newly acquired knowledge by developing appropriate financial accounting and auditing research proposals.

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. Introduction to Financial Accounting Research
  2. Disclosure
  3. Contagion 
  4. Earnings management
  5. Managerial incentives
  6. Consequences of low-quality accounting
  7. Internal controls
  8. Audit firms
  9. Accounting conservatism
  10. Corporate social responsibility
  11. Integrated reporting
  12. Earnings Management

Recommended or required

reading and other learning resources/tools

  1. Amel-Zadeh, A., Zhang, Y. 2015. The economic consequences of financial restatements: Evidence from the market for corporate control. The Accounting Review 90, 1-29. 
  2. Barth, M., Cahan, S., Chen, L., Venter, E. 2016. The economic consequences associated with integrated report quality: Early evidence from a mandatory setting. Working paper. Available at SSRN: http://ssrn.com/abstract=2699409. 
  3. Bartov, E., Mohanram, P. 2014. Does income statement placement matter to investors? The case of gains/losses from early debt extinguishment. The Accounting Review 89, 2021-2055. 
  4. Basu, S. 1997. The conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting and Economics 24, 3-37. 
  5. Boone, J., Khurana, I., Raman, K. 2015. Did the 2007 PCAOB disciplinary order against Deloitte impose actual costs on the firm or improve its audit quality? The Accounting Review 90, 405-441. 
  6. Chiu, P.-C., Teoh, S., Tian, F. 2013. Board interlocks and earnings management contagion. The Accounting Review 88, 915-944. 
  7. Curtis, A., McVay, S., Whipple, B. 2014. The disclosure of non-GAAP earnings information in the presence of transitory gains. The Accounting Review 89, 933-958.
  8. DeFond, M. L., & Park, C. W. 1997. Smoothing income in anticipation of future earnings. Journal of accounting and economics, 23(2), 115-139. 
  9. Feng, M., Li, C., McVay, S., Skaife, H. 2015. Does ineffective internal control over financial reporting affect a firm’s operations? Evidence from firms’ inventory management. The Accounting Review 90, 529-557.
  10. Gao, F., Lisic, L., Zhang, I. 2014. Commitment to social good and insider trading. Journal of Accounting and Economics 57, 149-175.
  11. Hui, K., Matsunaga, S. 2015. Are CEOs and CFOs rewarded for disclosure quality? The Accounting Review 90, 1013-1047. 
  12. Jayaraman, S., Milbourn, T. 2015. CEO equity incentives and financial misreporting: The role of auditor expertise. The Accounting Review 90, 321-350.
  13. Kedia, S., Koh, K., Rajgopal, S. 2015. Evidence on contagion in earnings management. The Accounting Review 90, 2337-2373.
  14. Kim, Y., Park, M., Wier, B. 2012. Is earnings quality associated with CSR? The Accounting Review 87, 761-796. 
  15. Lawrence, A., Sloan, R., Sun, Y. 2013. Non-discretionary conservatism: Evidence and implications. Journal of Accounting and Economics 56, 112-133
  16. Li, V. 2016. Do false financial statements distort peer firms’ decisions? The Accounting Review 91, 251-278.
  17. Rice, S., Weber, D., Biyu, W. 2015. Does SOX 404 have teeth? Consequences of the failure to report existing internal control weaknesses. The Accounting Review 90, 1169-1200. 
  18. Roychowdhury, S. 2006. Earnings management through real activities manipulation. Journal of accounting and economics, 42(3), 335-370.
  19. Serafeim, G. 2015. Integrated reporting and investor clientele. Journal of Applied Corporate Finance 27, 34-51.
  20. Swanquist, Q., Whited, R. 2015. Do clients avoid ‘‘contaminated’’ offices? The economic consequences of low-quality audits. The Accounting Review 90, 2537-2570.

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Current Issues in Management Accounting (Research Seminar)

Course unit code

AKM621

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

2nd semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Iman Harymawan, Ph.D

Learning outcomes of the course unit

  1. Students are able to understand and explain the general description of research topics in the field of management accounting.
  2. Students are able to understand and explain the material about the theoretical perspective of research in the field of management accounting.
  3. Students are able to understand and explain the material about the perspective of research methods in the field of management accounting.
  4. Students are able to develop research proposals in the field of management accounting in accordance with the latest developments in research topics..

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

-

Course content

  1. The Scope of Management Accounting Research Literature
  2. Research Methods Perspective: Qualitative
  3. Research Methods Perspective: Quantitative
  4. Management Accounting Practice:Budgeting
  5. Theoretical Perspective
  6. Activity-Based Costing
  7. Value Chain and Target Costing
  8. Balanced Scorecard
  9. Management Accounting Practice Contents

Recommended or required

reading and other learning resources/tools

  1. Chapman, C. S., Hopwood, A. G., & Shields, M. D. (Eds.). (2006). Handbook of management accounting research (Vol. 1). Elsevier.
  2. Chapman, C. S., Hopwood, A. G., & Shields, M. D. (Eds.). (2007). Handbook of management accounting research (Vol. 2). Elsevier.
  3. Chapman, C. S., Hopwood, A. G., & Shields, M. D. (Eds.). (2009). Handbook of management accounting research (Vol. 3). Elsevier.
  4. Lipe, M. G., & Salterio, S. E. (2000). The Balanced Scorecard: Judgmental Effects of Common and Unique Performance Measures. The Accounting Review, Vol. 75, No. 3, pp. 283 - 298.

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%

Course unit title

Forensic Audit

Course unit code

AKA614

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second Cycle Master

Year of study when the course unit is delivered (if applicable)

2021–2022

Semester/trimester when the course unit is delivered

3rd Semester

Number of ECTS credits allocated

4,8 ECTS

Name of lecturer(s)

  1. Prof Dr Soegeng Soetedjo, Ak,CA, CMA, CFrA

Learning outcomes of the course unit

  1. Fraud prevention and detection field
    1. Able to provide explanations regarding fraud and anti-fraud
    2. Appreciate the laws and regulations related to anti-fraud
    3. Appreciate professional standards related to anti-fraud
    4. Evaluating the internal control system
    5. Evaluating the existence of an anti-fraud system
    6. Able to provide technical guidance to implement anti-fraud system
  2. Forensic audit implementation field
    1. Able to identify and analyze problems
    2. Able to do forensic audit planning
    3. Able to do evidence gathering
    4. Able to evaluate evidence
    5. Able to compile and review working papers
    6. Able to prepare audit assignment reports
  3. Financial loss calculation
    1. Able to do preliminary study
    2. Able to do evidence gathering
    3. Able to calculate the loss of a case
    4. Able to present the results of the calculation of a case
    5. Able to compile and review working papers
    6. Able to compile reports

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

Face-To-Face and Distance Learning (using AULA UNAIR)

Prerequisites and co-requisites (if applicable)

 

Course content

  1. Fraud prevention and detection field
  2. Forensic audit implementation field
  3. Financial loss calculation

Recommended or required

reading and other learning resources/tools

  1. Association of Certified Fraud Examiner (ACFE) professional standards
  2. Public accounting professional standards
  3. Government functional supervisory apparatus auditing standards (SA-APFP)
  4. Internal audit professional standards
  5. Standard investigative audit/forensic audit
  6. Financial Accounting Standards
  7. Law no.31/1999 in conjunction with Law no. 20/2001 on eradicating corruption
  8. Law no.28/1999 on clean and free state administrators of KKN
  9. Law no.30/2002 on the Corruption Eradication Commission
  10. Law no.17/2003 on State finance
  11. Law no.1/2004 on State Treasury
  12. Law no.15/2005 on auditing the management and accountability of State finances
  13. Law no. 7/2006 concerning the ratification of the United Nation Convention Against Corruption in 2003
  14. Government regulation no. 71/2000 concerning procedures for implementing community participation and awarding awards in the prevention and eradication of non-corruption crimes
  15. Government regulation no.60/2008 on government internal control system
  16. Government instruction no. 5/2004 on the acceleration of eradicating corruption
  17. Systems
  18. Minister of Finance Regulation No. 213/PMK.05/2013 concerning the accounting and financial reporting system of the central government.

Planned learning activities and teaching methods

  1. Lectures
  2. Discussion
  3. Individual assignments

Language of instruction

Bahasa Indonesia

Assessment methods and criteria

Midterms 40%, Finals 60%