LUNIVERSITAS INDONESIA FACULTY OF ECONOMICS AND BUSINESS DEPARTMENT OF ACCOUNTING | unperarapuaTe PROGRAM SYLLABUS AKUNTANS! MANAJEMEN (MANAGEMENT ACCOUNTING) ECAU 602103 Even Semester 2017/2018 No. Lecturers Se E-mail Ze Regular Undergraduate T_| Siti Czafrani Pratiwi S.E., MAcc siti.czafrani@gmail.com Dwi Hartanti S.6,, MSc hartanti_dwi@yahoo.com 2 | RiniVulius S.E., MAAK. y_llin2000@ yahoo.com Mafrizal Heppy Ak., M.B.A. heppyfeui@yahoo.com 3 | Dr. Ancella Anitawati HermawanS.E,MBA | ancella_hermawan@yahoo.com HidayantiS.£,, M.M. hidayant_masud@ yahoo.com “| Prof. Or. Lindawati Gani Igani@uLacid Rafika Yuniasih SE, AK., MSM, rafikausman@yahoo.com 5 _| Thomas Honggo Secokusumo SE, MBA. secokusurno@yahoo.com 6 | Mafrizal Heppy Ak, MBA. heppyfeui@ yahoo.com DestiFitriani SE, M.A desti fitriani@yahoo.com International Undergraduate 7 | Vitia indriani SE, MBA. Vitria.indriani@gmail.com Dr. Dyah Setyaningrum 5.6, M.S.M. yah setyaningrum1978@gmail.com 3 | Dwi Hartanti SE, MSc hartanti_dwi@ yahoo.com Widya Perwitasari Master of int. Studies _| widyaperwitasari@ gmail.com 3 | Dest Fitriani SE, MA. ‘esti fitriani@ yahoo.com Dwi Hartanti SE, M.Sc. hartanti_dwi@ yahoo.com 10 | Rafika Yuniasih S.., AK., MSM. rafikausman@ yahoo.com Nia Pramita Sar S.E., M.A nia.pramitas@gmailcom | Vitra Indriani SE, M.B.A. Vitria,indriani@gmail.com Dest Fitriani S.., M.A. desti fitriani@yahoo.com Extension Program | 12. | Widya Perwitasari Master of Int. Studies, widyaperwitasari@ gmail.com Trt Heru Sudarisman S.£., M.Sc herusudarisman@gmail.com 13 | Widya Perwitasari Master of int. Studies | widyaperwitasari@ gmail.com Heru Sudarisman S.E., M.Sc herusudarisman@ gmail.com | Subject Code ECAU 602103 Subject Title ‘Management Accounting Credit Value 3 Year 2 Pre-requisite/ Cost Accounting (ECAU 602103) Co-requisite/ Exclusion Role and Purposes | This course is part of management accounting cluster, which consist of Cost Accounting and Management Accounting. This course is aimed to provide techniques to support ‘management decision making, including in product costing, variance analysis, inventorymanagement, and budgeting and forecasting. Discussion in this course includes inventory costing, cost-volume-profit analysis, master budget, variance analysis, management control system, performance measurement, strategy and balanced scorecards, decision making and relevant information, pricing decision, and the theory of constraints. Subject Learning Outcomes. Upon completion of the subject, students are able to’ 1. Apply techniques and/or prepare reports to support management decision making, Including: a. Product costing (T1a) , Planning, budgeting, and forecasting (T1b) . Variance analysis (Tic) . Cost management (Tid) 2. Apply appropriate quantitative techniques to analyze cost behavior and the drivers, of costs. (T2) 3. Analyze financial and non-financial data to provide relevant information for management decision making. (T3) 4,_Evaluate the performance of products and business segments. (T4) ‘Subject Synopsis/ Indicative Syllabus Required List of Topic& Detailed Learning Objectives Lo Reading& | Exercises © a [inventory Costing Tia | HOR: cho | 1. Variable costing and absorption costing ee ee webct | | Week # ‘operating income and income statements. 3. Absorption costing and performance measurement 4. Comparing inventory costing methods 5. Denominator level capacity concept s and fixed cost capacity analysis 6. Choosing capacity level 7. Planning and control of capacity costs 2 | Cost-Volume-Profit Analysis | Tb | HOR: Ch3 Essentials of Cost-Volume-Profit Analysis Breakeven point and target operating income fx: 3.23; ‘Target net income and income taxes 3.28 ‘Apply CVP analysis for decision making Sensitivity analysis and margin of safety Cost planning and CvP Effect of sales mixed on income CVP analysis in service and non-profit | organization 9._Conteibution margin versus gross margin | 384 | Master Budget and Responsibility Accounting Tib | HOR: Ch6 1. Budgets and the budgeting cycle & Appendix. 2. Advantages and challenges in implementing budgets Pr 6-35; 3. Developing an operating budget 6:36 4, Financial planning models and sensitivity analysis @NAePeNe] 5, Budgeting and responsibility accounting 6. Human aspect of budgeting 7. Budgeting in multinational companies |S | Flexible Budget, Direct-Cost Variances and Tap | HOR: ch7 | Management Control The | 1. Static budget and variances Pr7-31 2. Flexible budgets 3. Flexible budgets variances and sales volume | variances 4, Standard costs for variances analysis 5. Price variances and efficiency variances for direct cost inputs | 6. Management use of variances | | 7. Benchmarking and variance analysis | I 6 _ | Flexible Budget, Overhead Cost Variances and Tib | HOR:Ch8 Management Control The 1. Planning of variable and fixed overhead costs £8.23 2. Standard costing at Webb Company 3. Variable overhead cost variances 4, Fixed overhead cost variances 5. Integrated analysis of overhead cost variances 6. Production-volume variance and sales volume variance Variance analysis and Activity Based Costing | 8. Overhead variances in nonmanufacturing settings 7 _| Sales Variances Analysis Tic [HOR: chia 1. Sales variance Pages 591 597 614-23 8&9 | Decision Making and Relevant Information 13 | HOR: Chit 1, Information and the decision making process (exclude 2. The concept of relevance los) 3. In-sourcing versus outsourcing, and make or buy decision fx 11-20; 4, Product mix decision with capacity constraints 11.19; 5. Bottlenecks, Theory of Constraint, and 11-24 ‘Throughput-margin analysis 6. Irrelevance of past cost and equipment replacement decisions 7._Decision and performance evaluation. 10 | Customer Profitability Analysis Tad | HDR: Ch 14 1. Customer Profitability Analysis P.572-591 2. Customer profitability profile AND 3. Cost hierarchy based operating income chit | statements .466-470 4. Criteria to guide cost allocation L 5._Fully allocated customer profitability Exd4-22;6. Customer profitability and relevant cost 1226 in Pricing Decision and Cost Management 1. Major factors that affect pricing decisions 2. Costing and pricing for the long run 3. Market based approach: target costing and target pricing Value engineering, cost incurrence, and locked- in cost Cost plus pricing Life cycle product budgeting and costing Non cost factors in pricing decisions Antitrust laws and pricing decision 5, 6 7. 8 Tid HOR: Ch 13 13-18 | : 14 Transfer Pricing 1. Transfer pricing, 2. Caleulating transfer prices 3. Market based transfer price 4, Cost based transfer price 5. Hybrid transfer price 6. Ageneral guidelines for transfer pricing situations 7. How multinationals use transfer pricing to Management Control System and Decentralization 1. Management control system 2. Decentralization 3. Describe the benefits and costs of | decentralization Performance Measurement, Compensation, and Multinational Consideration 1, Financial and nonfinancial performance measures 2. Accounting-based measures for business units 3. Choosing the details of the performance measures Target levels of performance and feedbacks 5. Performance measurement in multinational company 6. Distinguishing the performance of managers. from the performance of their subunits 7. Strategy and levers of contro! Strategy and Balanced Scorecard 1. What is strategy 2. Building internal capabilities: quality improvement and reengineering at Chipset 3, Strategy implementation and the BSC 4 4 4 HDR: Ch 22 P.868-884 Ex 22-21 HDR: Ch 22 P.862-868 HDR: Ch 23 & 23-20 HOR: Ch 12 P.494-509 Exercise 1248Teaching/Learning ‘Teaching method uses active lecturing and class discussions, in which students achieve Methodology _| the study objectives by cscussing and completing related problems or cases under the suldance of lecturer. The problems and cases are taken from the text book and other sources. Guest lecture from professional is held on the topic of strategy and balanced scorecard This would provide insight tothe students on how companies develop their strategy Students are also required to attend the tutorial sessions and practicum to improve their technical skill related to all topics in this subject. The students will be required by tutor to complete the problems, quizzes, and home works. The policy related to plagiarism, cheating, and attendance must refer to faculty regulation ‘sessment Method in Specific Assessment % | Intended Learning Outcomes to Alignment with Methods/Taks Weighting be Assessed Intended Learning 7. 12 13 4 Outcomes Continuous Assessment | 100 INDIVIDUAL 100% Mid Term Exam (35%) 100% = : = Final Exam (35%) 20% 20% | 60% | Partcipationand || v | - |v |v | Discussion (10%) Quizzes (10%) v - v v Tutorial/Home work v v v v (20%) Details of learning | Choice of learning methods for this subject are: methods 1. Lecuring: Lecturing will be delivered mostly by the lecturer and a session of guest lecture (on 10" session). 2. Small Group Discussion; Almost in all sessions, the students will participate in small group discussion. ‘The discussion is designed to raise their curiosity as well as to solve some assignments Student Study Effort Expected Class Contacts: Lectures 32 Hours Guest lecture 3 Hours | Other student study effort: Preparation assignment/exercies 42. Hours Independent Activities 42 Hours Total 119 Hours «| blyReading list and References Required Readings: Horngren, Charles T., Datar, Srikant M., danRajan, Madhav V., Cost Accounting: A Managerial Emphasis, 15 edition, Prentice-Hall (Pearson), 2015. (HDR) Supplementary Readings: 1. Carter, W.K and, M.F. Usty, Cost Accounting: Planning and Control, 14th edition, South-Western College Publishing, (CU) 2. Hansen, D. R., and, M. M. Mowen, Managerial Accounting, &th edition, South- Western Publishing Company, 2007. (MAHM) 3. Secokusumo, Thomas H., Recording Production Costs Using Standard Costs Approach, Modul Ajar AkuntansiBiaya, 2007.(THS)