UNIVERSITAS INDONESIA

FACULTY OF ECONOMICS AND BUSINESS

DEPARTMENT OF ACCOUNTING
UNDERGRADUATE PROGRAM

SYLLABUS
AKUNTANSI MANAJEMEN (MANAGEMENT ACCOUNTING)
ECAU 602103
Even Semester 2016/2017

No. Lecturers E-mail

1 Thomas Honggo Setjokusumo (Bhs Inggris)
Ancella Hermawan / Desti Fitriani (Bhs
2
Inggris)
3 Lindawati Gani / Rafika Yuniasih (Bhs Inggris)
Katjep K. Abdoelkadir / Nur Aulia Rahmah
4
(Bhs Inggris)
5 Mafrizal Heppy (Bhs Inggris)
6 Dyah Setyaningrum (Bhs Inggris)
7 Dwi Hartanti / Rahfiani Khairurizka
secokusumo@yahoo.com
ancella.hermawan@gmail.com /
desti.fitriani99@gmail.com
lindawati.gani@ui.ac.id / rafika.yuniasih@ui.ac.id
katjep39@gmail.com / rahmah.naulia@gmail.com
mafrizal.heppy@ui.ac.id
dystia_01@yahoo.com
dwi.hartanti@gmail.com / rifi_99@yahoo.com

Subject Code ECAU 602103

Subject Title Management Accounting

Credit Value 3
Year 2
Pre-requisite/ Cost Accounting (ECAU 602101)
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 Upon completion of the subject, students are able to:
Outcomes a) Apply techniques to support management decision making, including product
costing, variance analysis, inventory management, and budgeting and
forecasting (T1).
b) Apply appropriate quantitative techniques to analyze cost behavior and the
drivers of costs (T4).
c) Analyze financial and non-financial data to provide relevant information for
management decision making (T3).
d) Prepare reports to support management decision making, including reports
that focus on planning and budgeting, cost management, quality control,
performance measurement, and benchmarking (T4).
e) Evaluate the performance of products and business segments (T5).

Subject Synopsis/
Indicative Syllabus Week Required
List of Topic & Detailed Learning Objectives LO
# Reading
1 Inventory Costing a,b HDR: Ch 9
1. Identify what distinguishes variable costing from
absorption costing
2. Compute income under variable costing and
absorption costing, and explain the difference in
income
3. Understand how absorption costing can provide
undesirable incentives for managers to build up
inventory

2 Cost-Volume-Profit Analysis a,b HDR: Ch 3

1. Explain the features of Cost-Volume-Profit
Analysis
2. Determine the breakeven point and output level
needed to achieve a target operating income
3. Understand how income taxes affect CVP
analysis
4. Apply CVP analysis to a simple case of companies
producing multiple products
5. Apply CVP under uncertain condition (sensitivity
analysis, margin of safety and operating
leverage)
6. Explain how managers use CVP analysis for
decision making

3&4 Master Budget and Responsibility Accounting a HDR: Ch 6

1. Describe responsibility center and responsibility
accounting
2. Describe the master budget and explain its
benefits
3. Prepare the master budget and its supporting
schedules
4. Recognize the human aspects of budgeting
5 Flexible Budget, Variances and Management a HDR: Ch 7
Control: Variance Analysis – Direct Material & Direct
Labor
1. Understand the difference between static
budget and flexible budget and the importance
of flexible budget
2. Calculate and analyze static budget variance,
flexible budget variance, and sales (production)
volume variance
3. Explain why standard costs are often used in
variance analysis
4. Compute price variances and efficiency
variances for direct cost categories
5. Compute mix and yield variances for
substitutable inputs
6. Analyze variances computed for controlling the
direct costs
7. Prepare the necessary journals to record
variances in direct costs

6 Flexible Budget, Variances and Management a HDR: Ch 8

Control: Variance Analysis – Factory Overhead
1. Explain and develop budgeted variable overhead
costs and budgeted fixed overhead costs rates
2. Compute and interpret the variable overhead
flexible budget variance, variable overhead
efficiency variance and variable overhead
spending variance
3. Compute and interpret the fixed overhead
flexible budget variance, fixed overhead
spending variance and fixed overhead
production volume variance
4. Show how the integrated analysis of overhead
cost variances (four way, three way, two way,
and one way variance analysis) approach
reconcile the actual overhead incurred with the
overhead amounts allocated during the period
5. Prepare the necessary journal to record the
variances

7 Customer Profitability Analysis and Sales Variances a,e HDR: Ch 14

1. Identify the importance of customer profitability
profiles
2. Calculate and analyze customer profitability
using Activity Based Costing
3. Calculate and analyze all elements of sales
variance
 8 Management Control System, Decentralization, and d,e HDR: Ch 22
Performance Evaluation & Ch 23
1. Describe a management control system and its
three key properties
2. Describe the benefits and costs of
decentralization
3. Explain and Calculate accounting-based
measures for evaluating a business unit’s
performance, including Return on Investment
(ROI), Residual Income (RI), and Economic Value
Added (EVA)
4. Analyze the key measurement choices in the
design of each performance measures
5. Understand the roles of salaries and incentives
when rewarding managers

9 Transfer Pricing d,e HDR: Ch 22

1. Explain transfer prices and the four criteria
managers use to evaluate them
2. Calculate transfer price using three methods
3. Apply a general guidance for determining a
minimum and maximum transfer price for
determining the range of feasible transfer price
when there is unused capacity and alternative
methods for arriving at the eventual hybrid price
4. Illustrate how market based transfer price
promote goal congruence in perfectly
competitive market
5. Understand how to avoid making suboptimal
decision when transfer prices are based on full
cost plus a mark-up

10&11 Balanced Scorecards and Strategic Profitability d HDR: Ch 12

Analysis
1. Recognize which of two generic strategies a
company is using
2. Understanding the four perspectives of the
Balanced Scorecard, and the cause and effect
relationship of those four perspectives
3. Evaluate the success of strategy implementation
using Balanced Scorecard
4. Explain features of a good Balanced Scorecard
and pitfalls in implementing a Balanced
Scorecard
5. Calculate and analyze changes in operating
income to evaluate strategy using changes in
growth, price-recovery and productivity
component
 12 Decision Making and Relevant Information c HDR: Ch 11
1. Use the five step decision making process
2. Distinguish relevant from irrelevant information
in decisions situations
3. Explain the concept of opportunity costs and
why managers should consider it when they
make a decision
4. Use the relevant information when managers
making insourcing vs outsourcing, special order,
sell or process further, and keep or drop
(product, branch, and customer) decision
5. Know how to choose which products to produce
when there are capacity constraints
6. Explain how conflicts can arise between the
decision model a manager uses and the
performance evaluation model top management
uses to evaluate managers

13 Pricing Decision and Cost Management d HDR: Ch 13

1. Discuss the three major factors that affect
pricing decisions
2. Understand how companies make long-run
pricing decisions using market based and cost
based approach
3. Apply the concepts of cost incurrence and
locked-in costs
4. Describe two pricing practices in which non cost
factors are important

14 The Theory of Constraint d HDR: Ch 11

1. Define the goal of applying Theory of Constraint
2. Differentiate throughput costing from variable
costing and absorption costing
3. Apply the five-step method for improving
performance

Teaching/Learning Teaching method uses active lecturing and class discussions, in which students achieve
Methodology the study objectives by discussing and completing related problems or cases under the
guidance 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 to the 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.
Assessment
Method in Specific Assessment % Intended Learning Outcomes to
Alignment with Methods/Taks Weighting be Assessed
Intended Learning a b c d e
Outcomes Continuous Assessment 100
INDIVIDUAL 100%
Mid Term Exam (35%) 75% 15% - - 10%
Final Exam (35%) - - 25% 60% 15%
Participation and √ √ √ √ √
Discussion (10%)
Quizzes (10%) √ √ √ √ √

Tutorial/Home work √ √ √ √ √
(10%)

Details of learning Choice of learning methods for this subject are:

methods 1. Lecturing;
Lecturing will be delivered mostly by the lecturer and a session of guest lecture
(on 10th 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 35 Hours
Other Class Contacts:
Guest lecture 2 Hours
Tutorials 20 Hours
Other student study effort:
Preparation project/assignment/tests 20 Hours
Total 77 Hours

Reading List and Required Readings:

References Horngren, Charles T., Datar, Srikant M., dan Rajan, Madhav V., Cost Accounting: A
Managerial Emphasis, 15th edition, Prentice-Hall (Pearson), 2015. (HDR)

Supplementary Readings:
1. Carter, W.K and, M.F. Usry, Cost Accounting: Planning and Control, 14th edition,
South-Western College Publishing. (CU)
2. Hansen, D. R., and, M. M. Mowen, Managerial Accounting, 8th edition, South-
Western Publishing Company, 2007. (MAHM)
3. Secokusumo, Thomas H., Recording Production Costs Using Standard Costs
Approach, Modul Ajar Akuntansi Biaya, 2007.(THS)