RENCANA PEMBELAJARAN SEMESTER

Program Studi: Akuntansi Fakultas: EKONOMIKA DAN BISNIS

Mata Kuliah: Analisis Laporan Keuangan   Kode: EPA31601   SKS: 3   Sem: 6  
Dosen Pengampu: PUJI HARTO, SE, Akt, M.Si, PhD
Capaian Pembelajaran 1. Menentukan, menerapkan, dan mengevaluasi kebijakan pelaporan keuangan dari baik laporan
Mata Kuliah: keuangan, laporan tahunan maupun laporan terintegrasi.
2. Mampu mengevaluasi dan menerapkan keterampilan professional dan pengetahuan teknis standar
akuntansi secara integral.
3. Mampu menganalisis, menginterpretasi, mengevaluasi dan membandingkan laporan keuangan antar
periode dan antar perusahaan dalam industry.
4. Mampu menjelaskan hasil analisis laporan keuangan kepada pihak pengambil keputusan bisnis dan
keuangan.
Deskripsi singkat Mata Kuliah: Mata Kuliah ini ditujukan bagi mahasiswa akuntansi pada tingkat lanjutan. Mahasiswa menerapkan
kompetensi dalam mata kuliah akuntansi keuangan dan manajemen keuangan dalam melakukan analisis
terhadap informasi pelaporan keuangan. Mahasiswa diharapkan mampu untuk memahami informasi yang
tersedia pada Laporan Keuangan dan informasi pendukung lainnya dan menganalisis menjadi beberapa
informasi yang berguna bagi pengambilan keputusan di bidang bisnis dan keuangan.

Penilaian: a. Tugas Mahasiswa 40%; c. Presentasi 20%

b. Ujian Tengah Semester 20%; d. Ujian Akhir Semester 20%
Buku Text: 1. Financial Statement Analysis and Valuation. Easton, Mc Anally, and Sommers. 6th Edition. Cambridge
Business Publisher. 2021
2. Financial Statement Analysis, Subramanyam, 11th Edition, McGrawHill HEducation, 2014
3. Business Analysis Valuation Using Financial Statements, Victor Lewis Bernard; Sue Joy Wright; Michael
Bradbury; Jeff Coulton; Krishna G. Palepu; Paul M. Healy , 3rd Asia Pacific Edition, Cengage Learning,
2021
4. Pernyataan Standar Akuntansi Keuangan (PSAK), Ikatan Akuntan Indonesia, 2021
Aturan Perkuliahan - Mahasiswa wajib memiliki perusahaan yang dianalisis
- Satu Kelompok wajib memiliki satu industri
- Setiap pertemuan mahasiswa wajib melakukan analisis sesuai dengan bab yang dibahas.
- Tugas analisis setiap pertemuan wajib dikumpulkan paling lambat H-1
 - Dosen dapat menunjuk salah satu kelompok secara random untuk melakukan presentasi topik yang
dibahas sesuai urutan silabus.
- Dalam kondisi tertentu, kuliah dapat dilakukan secara online secara interaktif

1 2 3 4 5 6 7
Minggu Learning Outcomes Topik Bahasan Learning Time Pengalaman Penilaian
ke Method Belajar
Kriteria & Bobot
Mahasiswa
Indikator (%)
1 Framework for Analysis and Valuation  Overview analisis laporan Ceramah dan 150 menit  Mahasiswa  Mampu
LO 1-1 Describe the six-step analytical framework keuangan Small Group memilih satu mengumpu
that is the logical structure for financial statement  Peran dan kegunaan Discussion perusahaan lkan tugas
analysis and valuation and the foundation for this laporan keuangan  Mahasiswa analisis
book. mengidentifikasi
LO 1-2 Apply tools for assessing the economic industrinya
characteristics and dynamics that drive competition in  Mahasiswa
an industry, including (a) value chain analysis, (b) mendownload
Porter’s five forces framework, and (c) an economic laporan
attributes framework. keuangan
LO 1-3 Identify firm-specific strategies for achieving perusahaan 5
competitive advantage within an industry. tahun terakhir
LO 1-4 Show familiarity with the purpose, underlying
concepts, and format of the balance sheet, income
statement, and statement of cash flows.
LO 1-5 Use tools to analyze a firm’s profitability and
risk, including financial ratios, common-size financial
statements, and percentage change financial
statements.
LO 1-6 Obtain an overview of how to use financial
statement information to forecast the future business
activities of a firm and to value a firm.
LO 1-7 Consider the role of financial statement
analysis in an efficient capital market, and review
empirical evidence on the association between
changes in earnings and changes in stock prices.
 LO 1-8 Review sources of financial information
available for publicly held firms.

2 ProfitabiIity Analysis and Interpretation Explain several measures of Ceramah dan 150 menit  Mahasiswa  Mampu 5%
LO 2-1 Compute and Interpret return on equity performance that relate the Small Group memahami mengumpu
(ROE). income statement to the Discussion laporan lkan tugas
LO 2-2 Apply DuPont disaggregation of ROE into balance sheet. keuangan analisis
return on assets (ROA) and financial leverage.  Mahasiswa
LO 2-3 Disaggregate ROA into profitability and  Return on assets (ROA) mengidentifikasi
productivity and analyze both.  Return on equity (ROE) struktur Aset
LO 2-4 Identify balance sheet operating items and  Return on net operating dan Liabilitas
compute net operating assets. assets (RNOA)
LO 2-5 Identify income statement operating items and
compute net operating profit after tax. Identify factors that drive these
LO 2-6 Compute and interpret return on net operating performance measures and
assets (RNOA). how to interpret them
LO 2-7 Disaggregate RNOA into net operating
profitability and net operating asset turnover.
LO 2-8 Compute and interpret nonoperating return
LO 2-9 Perform vertical and horizontal analysis

3 Credit Risk Analysis and Interpretation  Discuss credit markets and Ceramah dan 150 menit  Mampu 5%
LO 3-1 Describe the demand for and supply of credit. the supply and demand for Small Group mengumpu
LO 3-2 Explain the credit risk analysis process. credit. Discussion lkan tugas
LO 3-3 Compute and interpret credit risk measures.  Explore credit risk analysis analisis
LO 3-4 Explain credit ratings and describe the credit
and explain how lenders use
rating process.
financial accounting
LO 3-5 Apply bankruptcy prediction models to
evaluate bankruptcy risk. information to make lending
decisions.
 Consider how credit rating
agencies assess companies'
credit risk and how credit
ratings affect bond prices
 and cost of debt capital.
 Describe a model that uses
accounting information to
predict bankruptcy.

4 Revenue Recognition and Operating Income  Examine how companies Ceramah dan 150 menit  Mampu 5%
LO 4-1 Apply revenue recognition principles and recognize revenue and Small Group mengumpu
assess results. account for sales returns Discussion lkan tugas
LO 4-2 Examine and evaluate sales allowances. and allowances, revenue analisis
LO 4-3 Analyze deferred revenue. paid in advance, and the
LO 4-4 Evaluate how foreign currency exchange
effects of foreign currency
rates affect revenue.
exchange rates.
LO 4-5 Analyze accounts receivable and uncollectible
amounts.  Describe the accounting for
and analysis of accounts
LO 4-6 Analyze operating expenses and discontinued receivable, the account most
operations. closely related to revenue.
 Analyze the typical
LO 4-7 Interpret pro forma and non-GAAP
expenses in income
disclosures.
statements
 Analyze discontinued
operations and the reporting
of them.
 Examine income attributable
to noncontrolling interests.
 Review pro forma income
reporting.

5 Asset Recognition and Operating Assets Examine three balance sheet Ceramah dan 150 menit  Mampu 5%
LO 5-1 Evaluate inventory costing methods. elements and consider various Small Group mengumpu
LO 5-2 Examine inventory disclosures in financial analysis methods and tools for Discussion lkan tugas
statements. each. analisis
LO 5-3 Analyze inventories and the related accounts
payable.  Inventories
LO 5-4 Analyze capitalization and depreciation of  Long-term assets (PPE
 tangible assets. assets and intangible
LO 5-5 Evaluate asset sales, impairments, and Assets)
restructuring activities..  Accounts payable
LO 5-6 Analyze tangible assets and related activities.

6 Liability Recognition and Nonowner Financing Analyze quantitative and Ceramah dan 150 menit  Mampu 5%
LO 6-1 Evaluate accounting for accrued liabilities. qualitative aspects of liabilities Small Group mengumpu
LO 6-2 Analyze short-term debt. and nonowner financing. Discussion lkan tugas
LO 6-3 Analyze long-term debt pricing. analisis
LO 6-4 Analyze long-term debt.  Current liabilities
LO 6-5 Evaluate credit quality and interpret credit  Long-term liabilities
ratings.  Credit quality and ratings
LO 6-6 Apply time value of money concepts

7 Equity Recognition and Owner Financing Examine topics related to the Ceramah dan 150 menit  Mampu 5%
LO 7-1 Examine stock as a financing source and analysis of stockholders' equity Small Group mengumpu
explain its various features. including the following. Discussion lkan tugas
LO 7-2 Analyze stock issuances and repurchases. analisis
LO 7-3 Interpret stock-based compensation, including  Issuance and repurchase of
restricted stock and options. common stock
LO 7-4 Analyze cash dividends and stock splits.  Stock-based compensation
LO 7-5 Interpret accumulated other comprehensive  Payment of dividends
income and its components
 Earnings per share and book
LO 7-6 Analyze convertible securities and their
value per share
financial effects.
LO 7-7 Interpret earnings per share.  Stock splits o Accumulated
other comprehensive income
 Convertible securities

8 UJIAN TENGAH SEMESTER

9 lntercorporate Investments Examine topics related to Ceramah dan 150 menit  Mampu 5%
LO 9-1 Examine and interpret marketable securities intercorporate investments Small Group mengumpu
reporting. including the following areas Discussion lkan tugas
LO 9-2 Analyze and interpret equity method analisis
 investments. for analysis.
LO 9-3 Examine consolidation and analyze
consolidated reports  Investments of excess cash
LO 9-4 Describe and interpret derivative disclosures in marketable equity and
LO 9-5 Examine equity carve-outs and their financial debt securities.
statement impact  Strategic investments in
equity securities in which the
investor company has
significant influence.
 Investments in equity
securities of privately held
companies prior to an initial
public offering.
 Consolidation of subsidiaries
that the investor company
(the parent) controls.
 Recognition of intangibles,
including goodwill.
 Hedging of risks using
derivatives
 Unlocking business value
using equity carve-outs

10 Analyzing Leases, Pensions, and Taxes Analyze three important items Ceramah dan 150 menit  Mampu 5%
LO 10-1 Analyze and interpret lease disclosures that affect financial Small Group mengumpu
Statements. Discussion lkan tugas
LO 10-2 Analyze and interpret pension disclosures. analisis
 Leases accounting standard
LO 10-3 Analyze and interpret income tax reporting. and Lease accounting
disclosures.
 Recognition of pension
assets and obligations on
the balance sheet and
 income statement.
 Balance sheet and income
statement differences
between U.S. GAAP and tax
regulations.
.

11 Financial Statement Forecasting Describe the process for Ceramah dan 150 menit  Mampu 5%
LO 11-1 Explain the process of forecasting financial forecasting financial Small Group mengumpu
statements. statements, including: Discussion lkan tugas
LO 11-2 Forecast revenues and the income analisis
statement. 1. Forecasting the income
LO 11-3 Forecast the balance sheet. statement, including the use
LO 11-4 Prepare forecasts using segment data. of company guidance.
LO 11-5 Forecast the statement of cash flows 2. Forecasting the balance
LO 11-6 Prepare multiyear forecasts of financial sheet.
statements. 3. Forecasting cash as a plug
LO 11-7 Apply a parsimonious method for forecasting figure to balance the balance
net operating assets sheet, and interpreting the
forecasted cash balance.
4. Building forecasts from the
bottom up by using segment
disclosures.
5. Multiyear forecasting,
including achieving targeted
cash balances by adjusting
debt levels.
6. Forecasting the statement of
cash flows.
7. Parsimonious method of
forecasting NOPAT, NOA,
and RNOA
12 Cost of Capital and Valuation Basics Describe the basics of Ceramah dan 150 menit  Mampu 5%
LO12-1 Explain the basics of valuation, including valuation and introduce the Small Group mengumpu
 intrinsic value, discounting, and payoffs. following topics Discussion lkan tugas
LO 12-2 Explain and estimate the cost of equity 1.Four steps that are common analisis
capital. to all forms of financial
LO 12-3 Describe and estimate the cost of debt valuation models
capital. 2. Valuation model basics for
LO 12-4 Explain and estimate the weighted average debt and equity
cost of capital (WACC).
3. Concepts used in valuation
LO 12-5 Describe and apply the dividend discount
including intrinsic value,
model with a constant perpetuity.
LO 12-6 Explain and apply the dividend discount market value, time value of
model with an increasing perpetuity. money, capital asset pricing
model, and risk
4. Diversifiable and non-
diversifiable risk
5. Estimating cost of debt and
equity capital and the
weighted average cost of
capital (WACC)
6. Valuing a company using
the dividend discount model
13 Cash-Flow-Based Valuation Explain the basics of equity Ceramah dan 150 menit  Mampu 5%
LO 13-1 Review equity valuation models and explain valuation and introduce three Small Group mengumpu
the information required to value equity securities. common valuation models. Discussion lkan tugas
LO 13-2 Describe and apply the discounted free cash analisis
flow model to value equity securities. 1. Dividend discount model.
2. Discounted cash flow (DCF)
model.
3. Residual operating income
(ROPI) model.

14 Operating-Income-Based Valuation Review the basics of equity Ceramah dan 150 menit  Mampu 5%
LO 14-1 Review equity valuation models and explain valuation and explain three Small Group mengumpu
the information required to value equity securities. common valuation models. Discussion lkan tugas
LO 14-2 Describe and apply the residual operating 1. Dividend discount model. analisis
income model to value equity securities. 2. Discounted cash flow (DCF)
 LO 14-3 Explain the relevance of steady state for model.
valuation models. 3. Residual operating income
LO 14-4 Explain how equity valuation models can (ROPI) model.
inform managerial decisions

15 Market-Based Valuation  Basic premise of market- Ceramah dan 150 menit  Mampu 5%
LO 15-1 Explain company valuation using balance based valuation models and Small Group mengumpu
sheet multiples. the five-step valuation Discussion lkan tugas
LO 15-2 Explain company valuation using income process analisis
statement multiples. laporan
 Market-based valuation
LO 15-3 Identify comparable companies to derive keuangan
models based on balance
market multiples. secara
LO 15-4 Estimate the price differential, which is the sheet measures
komprehen
difference between market price and ‘‘risk-neutral  Market-based valuation sif
value.’’ models based on income
LO 15-5 Interpret and reverse engineer market statement measures
multiples to assess the reliability of market  Selecting comparable
expectations. companies to estimate
market multiples
 Using valuations to derive
underlying ratios including
price to book (PB) and price
to earnings (PE)

16 UJIAN AKHIR SEMESTER