MASTER SCIENCE IN ACCOUNTING

FACULTY OF ECONOMICS TRISAKTI UNIVERSITY

JAKARTA 2015

I. SUBJECT AND INSTRUCTORS

Subject Accounting Theory
Credit 3
Instructors Dr Titik Aryati, Ak, CA
Dr Vinola Herawaty, Ak, CA

II. SUBJECT DESCRIPTION

Accounting Theory Course helps students to better appreciate the context of
financial reporting. It will describe how the accounting theories are formulized,
who involved in the process and what arguments accompanied the process. In
real life, management must choose among alternative accounting methods, for
his/her decision he/she needs more information about the chosen method, the
background ideas of the method and the context of the method.

III. INSTRUCTION METHOD

Guided discussion, group presentation

IV. COURSE OBJECTIVE

To provide students’capability in analyzing, comparing, and criticizing the theory,
principles and philosophy of financial accounting practices; to understand the
general theory and special context of accounting theory and practices: to understand
the background and idea behind the current practices of accounting, nationally and
internationally; to linkage between theory and professional point of view; and to
upgrade the knowledge of accounting recent development. Students are also
expected to be able to express their opinions on any contemporary accounting
theory and practice issues. Overall, students should be able to show the following
competences:
a. Understanding and analyzing the theoretical structure underlying financial
accounting.
b. Understanding how accounting theory relates to basic financial statements and
standard setting.
c. Understanding the contemporary issues and trends in accounting (current
issues).
d. Critical thinking and research skills relating to standards, and case analyses in
accounting issues.
e. Increasing oral and written communication skill.
f. Capability to apply professional knowledge and skill of accounting.

V. REFERENCES
 1. Accounting Theory 7th Edition; Godfrey,Hodgson, Tarca, Hamilton, and Holmes,;
John Willey & Son Australia, 2010. (GH)
2. Financial Accounting Theory seventh Edition; William R Scott ; Pearson,
2015.(Scott)
3. Teori Akuntansi Perekayasaan Pelaporan Keuangan Edisi 3, Suwarjono,
2014.(SWJ)
4. Financial Accounting Theory and Analysis : Text and Cases. Schroeder, Clark and
Cathey.10 ed. Willey, 2014. (SC)
5. Standar Akuntansi Keuangan (SAK), 2015

VI. STUDENT EVALUATION

Participation 10%
Mid Exam 25%
Final Exam 25%
Mini Paper 20%
Group case 20%

VII. LECTURES

Session Topic References Assignment

1 Overview Accounting Theory GH 1-3 Lecturing
Accounting Theory Construction SWJ 1-2
Applying Theory to accounting SC 1
regulation
2 A Conceptual Framework GH 4 - Guided
SWJ 4-5 Discussion
SC 2 - Presentation
SAK (KDPPLK)
3 Measurement Theory GH 5-6 - Guided
Measurement Application Scott 6-7 Discussion
- Presentation
4 Asset SWJ 6-7 - Guided
Liabilities and owners’equity GH 7-8 Discussion
PSAK 13, 16, 19 - Presentation
5 Revenue SWJ 8-9 - Guided
Expenses GH 9-10 Discussion
PSAK 23, 34 - Presentation
6 The Value Relevance of Accounting Scott 5 - Guided
Information PSAK 68 Discussion
- Presentation
7 The Efficient Contracting Approach to Scott 8 - Guided
Decision Usefulness Discussion
- Presentation

Mid Test
8 An Analysis of Conflict Scott 9 - Guided
Discussion
 - Presentation

9 Earnings Management Scott 11 - Guided

Discussion
- Presentation

10 - Positive Accounting Theory GH 11-12 - Guided

- Research Methodology and SC 4 Discussion
Theories on the uses of accounting - Presentation
information
11 Standard Setting: Economic Issues Scott 12 - Guided
Discussion
- Presentation

12 Standard Setting : Political Issues Scott 13 - Guided

Discussion
- Presentation

13 Financial Reporting Disclosure and SC 17 - Guided

Ethical Responsibilitas SWJ 12 Discussion
- Presentation

14 Emerging issues in accounting and GH 14 - Guided

auditing Discussion
- Presentation

Final Test