Course Language:
English
Courses given by:
Course Objectives:
The aim of this course is to investigate and practice the accounting and financial reporting standards in the world and Turkey, is to analyze how it affected the economic life of the international accounting practices.
Course Content:
International Financial Reporting Standards (IFRS), preparation of financial statements in accordance with IFRS
Teaching Methods:
1:Lecture, 2:Question-Answer, 3:Discussion
Assessment Methods:
A: Exam, B:Presentation, C: Homework
Vertical Tabs
Course Learning Outcomes
| Learning Outcomes | Program Learning Outcomes | Teaching Methods | Assessment Methods |
|
1,2,3 | 1,2,3 | |
|
1,2,3 | 1,2,3 | |
|
1,2,3 | 1,2,3 | |
|
1,2,3 | 1,2,3 |
Course Flow
| COURSE CONTENT | ||
| Week | Topics | Study Materials |
| 1 | Financial Reporting System in Turkey and in the World | Presentations & Text books |
| 2 |
International Financial Reporting Standards
Conceptual Framework |
|
| 3 |
Presentation of Financial Statements
Inventories |
|
| 4 | Financial Instruments | |
| 5 | Long Lived Assets | |
| 6 |
Provisions
Employee Benefits |
|
| 7 |
Revenue Recognition
Income Tax |
|
| 8 | Mid-term | |
| 9 | Group Reporting | |
| 10 | Group Reporting | |
| 11 | Cash Flows Statement | |
| 12 | Cash Flows Statement | |
| 13 |
Foreign Currency Reporting
Accounting Policies, Change in Accounting Estimates, and Errors Events After the Reporting Period |
|
| 14 | Illustrative Example | |
| 15 | Review | |
| 16 | Final Exam | |
Recommended Sources
| RECOMMENDED SOURCES | |
|
Textbook |
Christian & Ludenbach, IFRS Essentials, Wiley, 2015 |
| Additional Resources | ŞAVLI, Tuba, Uluslararası / Türkiye Finansal Raporlama Standartları, Yaklaşım Yayıncılık, 2014 |
Material Sharing
| MATERIAL SHARING | |
| Documents | Power point presentation related to all concepts discussed in the class. |
| Assignments | Projects, homeworks |
| Exams | |
Assessment
| ASSESSMENT |
||
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Mid-terms | 1 | 25 |
| Homework | 1 | 25 |
| Final | 1 | 50 |
| Total | 100 | |
Course’s Contribution to Program
| COURSE'S CONTRIBUTION TO PROGRAM | ||||||
| No | Program Learning Outcomes | Contribution | ||||
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Students learn the essential body of knowledge in business management (functions of management: organization theory: policy and strategy: information, technology and operations management; human capital management; accounting; finance; marketing; economics; and an integrated perspective) and apply them in business life | X | ||||
| 2 | Students can apply business theories and methods by gaining expertise in at least one of the areas; accounting and finance, management, marketing or human resources management. | X | ||||
| 3 | Students with their research methodologies knowledge can choose the appropriate methods for data gathering and analyzing and can understand and interpret the results, studies and reports. | X | ||||
| 4 | Students gain the required qualifications to make strategic decisions and to take the leader role. | X | ||||
| 5 | Students have the tendency to take active role in team work and can contribute to the team consciously. | X | ||||
| 6 | Students can evaluate information coming from different disciplines, combine those information and they have an interdisciplinary viewpoint. | X | ||||
| 7 | Students have the responsibility and knowledge to conduct independent and original studies both in business and academic arena. | X | ||||
| 8 | Students can follow the local and global business environment dynamics and interpret them. | X | ||||
| 9 | Students understand business ethics and social responsibility concepts | X | ||||
| 10 | Students have required the English proficiency to follow the current events and improvements in their professional area and to communicate their ideas in international business arena. | X | ||||
| 11 | Students should understand the importance of lifelong learning to maintain personal and professional development. | X | ||||
| 12 | Students should demonstrate that they have the discipline and responsibility to conduct an independent study, project, research. | X | ||||
| 13 | Students can demonstrate that they have the commercial law knowledge which is shaping the global business world and though these they have the ability to reach a solution. | X | ||||
ECTS
|
ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION |
|||
| Activities | Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Course Duration (Including the exam week: 16x Total course hours) | 16 | 3 | 48 |
| Hours for off-the-classroom study (Pre-study, practice) | 16 | 5 | 80 |
| Mid-terms | 1 | 5 | 5 |
| Homework | 1 | 5 | 5 |
| Final examination | 1 | 5 | 5 |
| Total Work Load | 143 | ||
| Total Work Load / 25 (h) | 5,72 | ||
| ECTS Credit of the Course | 6 | ||