Course unit title
|
Asset Valuation
|
Course unit code
|
AKK253
|
Type of course unit (compulsory, optional)
|
Optional
|
Level of course unit (according to
EQF: first cycle Bachelor, second cycle Master)
|
Third Cycle Bachelor
|
Year of study when the course unit is delivered (if applicable)
|
2021–2022
|
Semester/trimester when the course unit is delivered
|
5th semester
|
Number of ECTS credits allocated
|
4.8 credits
|
Name of lecturer(s)
|
- Khusnul Prasetyo, S.E., M.M., CMA., Ak., CA.
- Iman Harymawan, S.E., MBA., Ph.D.
|
Learning outcomes of the course unit
|
- Students are able to understand and explain the general description of Cost, Value, and Price.
- Students are able to understand and explain the material about Accounting for Value, Not Cost: Financial Reporting at the Crossroads.
- Students are able to understand and explain the material about Investing for Value: Buying and Selling Assets.
- Students are able to understand and explain the material about Adversarial Nature of Valuations: “Why Can’t I Get a Higher (Lower) Answer?”.
- Students are able to understand and explain the material about Cost Approach to Value.
- Students are able to understand and perform analysis with the Income Approach to Value approach.
- Students are able to understand and perform analysis using the Market Comparable Approach to Value.
- Students are able to understand and analyze material about Can Value Information Be Objective and Independent?
- Students are able to explain the material about What Will Happen in the Future? Why Assumptions Are Critical in the Valuation Process?
- Students are able to explain the material about Hiring an Appraiser: Reading an Appraisal Report.
- Students are able to explain the material about Providing Value Information to Shareholders and Analysis.
- Students are able to explain material about Allocation of Purchase Price: Tangible Assets.
- Students are able to explain material about Allocation of Purchase Price: Intangible Assets.
- Students are able to explain the material about Good Property Records Increase Value and Save Money.
|
Mode of delivery (face-to-face, distance learning)
|
Face-To-Face
|
Prerequisites and co-requisites (if applicable)
|
- Financial Management I
- Basic Accounting
|
Course content
|
- Cost, Value, and Price
- Accounting for Value, Not Cost: Financial Reporting at the Crossroads
- Investing for Value: Buying and Selling Assets
- Adversarial Nature of Valuations: “Why Can’t I Get a Higher (Lower) Answer?”
- Cost Approach to Value
- Income Approach to Value and Market Comparable Approach to Value
- Can Value Information Be Objective and Independent?
- What Will Happen in the Future? Why Assumptions Are Critical in the Valuation Process?
- Hiring an Appraiser: Reading an Appraisal Report
- Providing Value Information to Shareholders and Analysis
- Allocation of Purchase Price: Tangible and Intangible Assets
- Good Property Records Increase Value and Save Money
|
Recommended or required
reading and other learning resources/tools
|
King, A. M. (2002). Valuation: what assets are really worth. J. Wiley. (Required)
|
Planned learning activities and teaching methods
|
- Lectures
- Discussion
- Individual assignments
|
Language of instruction
|
Bilingual, Bahasa Indonesia and English
|
Assessment methods and criteria
|
Assignments
|