Akuntansi Keuangan Dan Akuntansi Manajemen

Oleh Ashari Ramadhan

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Transkrip Akuntansi Keuangan Dan Akuntansi Manajemen

FINANCIAL ACCOUNTING AND
MANAGERIAL ACCOUNTING

Name
: Ashari Ramadhan, SE
Age
: 26
Education : S1 Accounting, State
University Of Jakarta
Email
: Ashari10173sniper@gmail.com

A.Financial Accounting
The
process
of
preparing
financial
statements that the company uses to show
their financial performance. (For External
users)
B. Managerial Accounting
The Method of accounting that creates
statements, reports, and documents that
help management in making bettter
decisions. (For Internal Users)

Financial Accounting
1.

Analyze Business Transaction
Determine the journal entry based on its normal balance. Normal balance
is based on accounting equation.
Assets (Dr) = Liabilities(Cr) + Equities (Cr)
Expenses(Dr)
Revenue (Cr)
What the equation tell you? When increasing in asset you put your balance to
Debit and vise versa, when increasing in liabilitis you put your balance to
Credit and vise versa, when increasing in equities you put your balance in
Credit and vise versa. Revenue balance is put in Credit when increasing
and vise versa meanwhile expense balance is put in debit when
increasing and vise versa.

Financial Accounting
2. Journalize the transactions
Determine what kind of journal entry we
should record base on the transaction.
Which account is to be debited and
which to be credited.
For Example : paid cash for supplies
Supplies xxx
Cash
xxx

Financial Accounting
3. Post to Ledger Account
The process of transfering entries in journal into the
account in the ledger. Substacting the sum of its debit
from the sum of its credit.
For Example

Financial Accounting
4. Trial Balance
is a bookeping worksheet in which the
balance of all ledgers are compiled into
debit and credit column totals that are
equal.

Financial Accounting
5. Jurnalize and post adjusting entries
The purpose of adjusting entries is to accurately
define the expenses and the revenues that
actualy happened during the period.Transfer it
to the general ledger after we make the journal
entries.
For Example : Paid supplies cash 700, The end of
period suplies count 300. so the supplies used is
400
Supplies 700
Supplies Exp 400
Cash 700
Supplies 400

Financial Accounting
6. Prepare The Adjusted Trial Balance
Adjusted trial balance is the end-product or the
final balance after all adjustments have been
made.
For Example : Paid supplies cash 700, The end of
period suplies count 300. supplies used is 400

Put 300 on adjusted trial balance (dr) for
suppies account.

Financial Accounting
7. Prepare Financial Statement
Financial
Statements
are
prepared
by
transferring the account balance on the
adjusted trial balance. There are 4 kind of
financial statements. There are Income
statement, balance sheet, retained earning,
statement of cash flows.
For Example: to make income statement you must
transfering all revenues and and all expenses
from adjusted trial balance then you
substracting all revenues from all expense to
create net profit of the company.

Financial Accounting
8. Journalize and post closing entries
The Closing Process reduces Revenues,
Expenses, and Dividends account balance (which
called temporary accounts) to become zero so that
they are ready to recevie data for the next period.
We don’t close the permanent accounts
(accounts in balance sheet) because these account
balances are transferred to the next period.

Financial Accounting
8. Journalize and post closing entries
There are 4 closing entries we have to make:
1. Transferring the credit balances in the revenues to a clearing account called income
summary
Revenues xxx
Income Summary
xxx
2. Transferring the debit balances in the expenses to clearing account called income
summary
Income Summary xxx
Expenses xxx
3.Transferring the balance of income summary account to the retained earnings account.
Income Summary xxx
Retained Earnings
xxx
Note : if you get net loss the journal above must be flipped. Because profit increses RE
and loss decreses RE.
4. Transfering debit balance of the dividends account to Retained Earnings. If We have
Dividens the RE is Decreasing.
Retained Earnings xxx
Dividens xxx

Financial Accounting
9. Post Closing Trial Balance
It Contains the Permanent account or balance sheet accounts. It is used to verify the
total debit balance has the same amount as the total credit balance. (Last step of
accounting cycle)
For Example :

Managerial Accounting
1.

Cost Volume Profit Analysis
The CVP formula can be used to calculate the sales volume needed to
cover costs and break even. The formula is as follows
Breakeven Sales Volume = FC/CM
Where :
-Fixed costs include expenses that remain constant during the period
like rent, salaries, loan payment
-Variabel Costs include expenses that change based on the production
volume like direct labor, sales commisions, delivery expense.
FC = Fixed Cost
CM = Contibution Margin (Sales-Variable Costs)
For Example, The Company with 100.000 fixed costs and a contribution
margin 40% must earn revenue of 250.000 to break even.

Managerial Accounting
2. Variable Costing and Segmen Reporting
a. Variable costing
There are two types of costing. Fixed costing and variable costing. When
your company uses fixed costing you have to calculate all expenses that
are change with sales volume and that are not change with sales volume,
but when your company uses variable costing you only calculate the
expenses that change with sales volume.
Advantage : Variabel costing is used for comparing the profitability of
different product lines. Tha managers can carry out an analysis on costs,
volumes, and profits
b. Segment Reporting
Segmen reporting informs you which is the most important operating
units
of your company.

Managerial Accounting
3. Master Budget
master budget is a financial forecast that contains all budgeted
revenues and costs for the upcoming accounting year.This
Budget has two main component:
a. Operational Budget
-Sales budget
-Production budget
-Selling and administrative budget
- COGS budget
b. Financial Budget
-cash budget
-income statementt budget
-balance sheet budget

Managerial Accounting
4. Flexible Budget
is adjusted by incorporating the
changes in the number of units
produced. Fexible budget is most
appropriate for organizations that
operate with an increased variable
cost structure where the costs are
mainly associated with the level of
activity

That’s all for my presentation.
Thanks for your time and attention 
You can ask me if you have some
questions.

Judul: Akuntansi Keuangan Dan Akuntansi Manajemen

Oleh: Ashari Ramadhan


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