Well, it was May 16th, 2016 when my name is announced as New Student of Magister Akuntansi at University of Indonesia. This is my second time actually attending entrance test for Magister student and lucky me I passed both exams. How about my first chance? hehe I was not sure about Program Study I chose then I decided to try another chance.

I studied hard in preparing my first entrance test, approximately, I started one month before entrance test date, but for the second time, I don't practice a lot beacuse I already worked at a company so I only have limited time to read and exercise.

FREQUENTLY ASKED QUESTION :)

  1. How was the test? The test consists of english test and academic potential test.
  2. Are both tests difficult? It depends on your effort. "Practice makes perfect" is applied to pass academic potential test. I suggest you to study a lot to build your confidence while answering questions. But honestly, it is not as difficult as bachelor entrance test (I mean like SNMPTN and etc.)


How to Calculate Income Tax Article 21 (PPh 21)

cara menghitung pph 21
Recently, I get a little bit confuse when the interviewer asked me regarding Tax.
This actually has been thought in University but I forgot cause it's a long time ago (not really a long time hehe). Today I re-read my books, explore any information through google how to calculate Income Tax Article 21 (PPh 21).

Based on the understanding that I got, here are several steps in calculating PPh 21:

1) Calculate the gross salary monthly
It includes basic salary, transport allowance, housing allowance, accidents insurance premium, life insurance premium, leave allowance, THR allowance, travel allowance, bonuses, and other insurance which is regularly.

2) Calculate the total deductions
The deductions consist of functional expense (5% from basic salary), pension contribution (5.7 %, the 3.7% is paid by company and 2% paid by employee), and pension plan.

3) Calculate net salary monthly
Gross salary deducted by the total of deductions (No.1 - No.2)

4) Calculate net salary annually
Net Salary in a month times twelve (No.3 x12)

5) Calculate Non-Taxable Income (PTKP)

Employee Status
Non-Taxable Income (PTKP)
Single
24.300.000
Married, No Child
26.325.000
Married, 1 Child
28.350.000
Married, 2 Children
30.375.000
Married, 3 Children
32.400.000


6) Calculate Taxable Income
Net salary in a year deducted by non-taxable income (PTKP)

7) Calculate Income Tax (PPh 21) based on the Tax Rate (Tarif Pajak)

Level of Taxable Income
Tax Rate
s/d 50 juta
5%
> 50 juta s/d 250 juta
15%
> 250 juta s/d 500 juta
25%
> 500 juta
30%

8) Calculate Income Tax (PPh 21) due (current month)
Step number 7 divided by 12.


Example

Mr. Edward is an employee of PT. Rencana, he's married with no children with the salary 3.000.000 in a month (April 2011).
- Worker's Social Society Program Premium (Premi Jamsostek)        0.50%
- Life Insurance Premium (Premi Jaminan Kematian)                         0.30%
- Pension Plan (Iuran Jaminan Hari Tua)                                             5.70%
- Pension Contribution 150.000/month (100.000 is paid by PT rencana and the rest is paid by Mr. Edward)

The calculation of Income Tax Article 21 (PPh 21) in April 2011.


*Functional Allowance (Biaya Jabatan) is the costs of obtaining, collecting, and maintaining the income received from the employer by any permanent employees regardless of rank or position.

Recruitment Test at Ernst and Young Indonesia

Assessment Test EY


Several weeks ago I applied for a position as Junior Auditor at Ernst and Young Indonesia. It was about one week or two week after they received my application letter, I was emailed by the HR (Recruitment Team of EY Indonesia) to conduct an English Test and Accounting/Auditing Test (depends on the position applied).
The English test is multiple choice and the Accounting and Auditing test consist of multiple choice and three essay questions. If I am not mistaken, the essay are about making an adjustment and preparing balance sheet.

Tips for written test:

  • Study and re read your accounting principal book.
  • Come on time (if possible you should have arrived 30 minutes before test).
  • Bring your calculator and stationary.
  • Manage your time wisely during the test.


Two weeks after the written test, I was called by the HR team to have an interview with the user.
Based on my experience, please take a note, in this step you have to remember the person that you have to meet because there are a lot of users that will be interviewing with the candidates.
I was interviewed by four users alternately.
The interview topics were about the personality, strengths, weaknesses, experience, and also accounting and auditing.

Tips for written test:

  • Come on time.
  • Dress well.
  • Be confident.
  • Make an interview practice to prepare your answers.
  • Study Accounting and Auditing a lot.
  • Don't forget to pray.
After this, if you are accepted you will be announced within two weeks and you will not be notified if you're not accepted. Then, unfortunately, I was not notified within two weeks after the interview section.

Good Luck for you!




Invetment Properties (Properti Investasi)

PSAK 13 PROPERTI INVESTASI
IAS 40 INVESTMENT PROPERTIES

 Definition of Investment Property
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. 

 The criteria to classify properties as an Investment Property:

  1. Mode of usage.
    • to earn rentals for capital appreciation or both.
  2. Mode of ownership.
    • held by the owner or by the lessee under a finance lease.

Examples of investment property: 

  • land held for long-term capital appreciation.
  • land held for a currently undetermined future use.
  • building leased out under an operating lease vacant.
  • building held to be leased out under an operating lease.
  • property that is being constructed or developed for future use as investment property.


 The following are not investment property and, therefore, are outside the scope of IAS 40 or PSAK 13
  • property held for use in the production or supply of goods or services or for administrative purposes (PSAK 16).
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (PSAK 16).
  • property being constructed or developed on behalf of third parties (IAS 11/PSAK 14 regarding Construction Contracts).
  • owner-occupied property,  including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal (PSAK 16/IAS 16 Property Plant, and Equipment).
  • property leased to another entity under a finance lease (PSAK 30).


Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease

Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease
Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5]
Examples of investment property: [IAS 40.8]
  • land held for long-term capital appreciation
    •  
  • land held for a currently undetermined future use
    •  
  • building leased out under an operating lease
    •  
  • vacant building held to be leased out under an operating lease
    •  
  • property that is being constructed or developed for future use as investment property
The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9]
  • property held for use in the production or supply of goods or services or for administrative purposes
    •  
  • property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories)
    •  
  • property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts)
    •  
  • owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal
    •  
  • property leased to another entity under a finance lease

Inventory Management

       According to Messier (2008), the following topics related to the inventory management process are discussed:
       1.      Types of documents and records
       2.      The major functions
       3.      The key segregation of duties

 Documents and records included in the inventory management process are:
  1. Production Schedule. It is normally prepared periodically based on the expected demand for the entity’s products.
  2. Receiving Reports. It records the receipts of goods from vendors. This document was classified as part of the purchasing process. It is reconsidered in the inventory management process because a copy of this document accompanies the goods to the inventory department and is used to update the client’s perpetual inventory records.
  3. Material Requisition. It is normally used by manufacturing companies to track materials during the production process. It is prepared by department personnel as needed for production process.
  4. Inventory Master File. It contains all the important information related to the entity’s inventory, including the perpetual inventory records.
  5. Production Data Information. In a manufacturing company, productions information about transfer of goods and related cost accumulation at each stage of production should be reported.
  6. Cost accumulation and Variance Report. Most inventory control systems in a manufacturing setting produce reports similar to a cost accumulation and variance report.
  7. Inventory Status Report.  It shows the type and amount of products on hand. This report can also be used to determine the status of goods in process.
  8. Shipping Order. This document was discussed as part of the revenue process, it is considered here because a copy of this document is used to remove goods from the client’s perpetual inventory records.

 Functions in the inventory management process:


  1. Inventory Management. This department is responsible for maintaining inventory at appropriate levels. It issues purchase requisitions to the purchasing department and thus represents the point at which the inventory management process integrates with the purchasing process. In a manufacturing company, a production management department would be responsible for managing inventory through planning and scheduling manufacturing activities.
  2. Raw Material Stores. In a manufacturing company, this function is responsible for the receipt, custody, and issuance of raw materials. When goods are received from vendors, they are transferred from the receiving department to the raw material stores department. Once goods arrive in the raw materials storage area, they must be safeguard against pilferage or unauthorized use. Finally, when goods are requested for production through the issuance of a materials requisition, this function issues the goods to the appropriate manufacturing department.
  3. Finished Goods Stores. This function is responsible for the storage of control over finished goods. When goods are completed by the manufacturing function, they are transferred to finished goods stores. Again, there must be adequate safeguard against pilferage or unauthorized use. When goods are ordered by a customer, a shipping order is produced by the revenue process and forwarded to the finished goods stores department. The goods are transferred to the shipping department for shipment to the customer.
  4. Cost Accounting. This function is responsible for ensuring that costs are properly attached to inventory as goods are processed through the manufacturing function. Cost accounting reviews the cost accumulation and variance reports after such data are processed into the accounting records.
  5. General Ledger. It is to ensure that all inventory and costs of production are properly accumulated, classified, and summarized in the general ledger accounts.

How The Science of Marketing Begins

contributor of marketing
"If we can not measure it, we don't do it"

Marketing is the science and art of exploring, creating, and delivering value to satisfy the needs of target market.

Aristotle Rhetoric is the father of marketing.
Rethoric is an art that aims to improve the facilities of speakers or writers who attempt to inform, persuade, or motivate particular audiences in specific situations.

  • The first department store was in Japan (Mitsui) which was established in 1947 and still exist.
  • The first newspaper that carried an Ads in England which advertised coffee in 1652
  • The first advertising agency was N. Ayers and Sons in 1869.

 When did marketing start?

Marketing did not exist as a term until the early 1900s. The first marketing textbook were published in the period 1900-1910. Some institutional economics started to teach "distribution", later added "advertising", and then "promoting", and "pricing".

"Early Contributors to Marketing"

  1. Dale Carnagie, "How to Win Fiends and Influence Other People" was established in 1963.
  2. Ernest dichter, a motivational psychologist "The Strategy of Desire".
  3. Dale Edward Barney, the Father of Public Relation "Crystallizing Public Opinion".
  4. David Oglivy, an Advertising Executive "Confession of Advertising Man".
  5. Stanly Marcus, a retail executive "Minding the Store"
  6. Alfred Pollitz, an Attitude Scientist "Life Study of Consumer Expenditure. 

Review Modem Mi-Fi Andromax M2Y

Hi Good People!
This is my very first blog anyway.


-Straight to the point-
Sabtu siang (12/9/15) aku pergi ke ITC Kuningan (ITC Ambassador) di daerah Kuningan, Jaksel. Aku langsung ke menuju ke pusat laptop dan kamera. Aku keliling ke setiap toko cari modem wifi yang budget nya gak lebih dari 400rb tapi sayang nya rata rata modem wifi harganya diatas 500rb.
Modem yang harga nya 400rb an cuma Modem Bolt Orion yang udah dapet kuota 8gb.
Modem Bolt aku jadiin pilihan terkahir karna sebelumnya aku pernah pake bolt waktu awal keluar dan sinyalnya masih susah banget even di Jabodetabek. Aku masih bersikeras cari modem yang lain sampe aku masuk ke pusat handphone tapi tetep juga yang dicari gak dapet.

Akhirnya aku mutusin buat balik ke tempat awal dan cari bolt dengan harga termurah. Pas lagi menuju ke toko tersebut aku ngeliat iklan Mi-Fi Andromax M2P-M2Y yang harganya cuma 399rb.
Well, it's a great clue!
Aku tanya sama salah satu mba" spg dimana letak toko yang jual Mi-Fi Andromax dan ternyata ada pusat nya di Smartfren Galeri.
Waaah seneng banget rasanya. Akhirnya yang dicari dapet juga meskipun harus antri lama karna toko nya lagi di renovasi.



Perbedaan M2P dan M2Y
Berdasarkan info yang aku dapet dari customer service nya M2P dan M2Y sama sama bagus. Kalo M2P itu produknya Huawei dan M2Y produknya Haier.
-  Kalo soal desain aku pribadi lebih suka M2P tapi pas aku mau beli stok kebetulan lagi kosong jadi aku dapet yang M2Y
-  Kalo soal batre M2Y lebih tahan lama. Kalo gak salah selisihnya  2 jam.
Overall mereka sama kok.

Sampe di kosan aku coba modem nya. So far gak ada masalah. Internetan lancar dan sinyal kuat meskipun di dalam gedung/ruangan.
Dengan harga 399rb aku juga dapet bonus quota 4.5gb untuk pemakaian 7 hari.
Harga paket nya juga murah loh, 50rb untuk 2gb, 100rb untuk 4gb, dan 150rb untuk 9gb.
Lumayan banget kan ga perlu boros boros spending money cuma untuk paket quota hehe..



Popular Posts

  • Recruitment Test at Ernst and Young Indonesia
    Several weeks ago I applied for a position as Junior Auditor at Ernst and Young Indonesia. It was about one week or two week after they ...
  • How to Calculate Income Tax Article 21 (PPh 21)
    Recently, I get a little bit confuse when the interviewer asked me regarding Tax. This actually has been thought in University but I forgot...
  • Invetment Properties (Properti Investasi)
    PSAK 13 PROPERTI INVESTASI IAS 40 INVESTMENT PROPERTIES Definition of Investment Property Investment property is property (land or a bui...
  • (no title)
    Well, it was May 16th, 2016 when my name is announced as New Student of Magister Akuntansi at University of Indonesia. This is my second tim...
  • How The Science of Marketing Begins
    "If we can not measure it, we don't do it" Marketing is the science and art of exploring, creating, and delivering value to ...
  • Inventory Management
           According to Messier (2008), the following topics related to the inventory management process are discussed:        1.       Types...
  • Review Modem Mi-Fi Andromax M2Y
    Hi Good People! This is my very first blog anyway. -Straight to the point- Sabtu siang (12/9/15) aku pergi ke ITC Kuningan (ITC Ambassa...

Like us on Facebook

Flickr Images