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Program Type: 
Thesis
Non Thesis
Course Code: 
FE 634
P: 
3
Lab: 
0
Credits: 
3
ECTS: 
10
Course Language: 
English
Course Objectives: 

The aim of this course is to provide students with an understanding of the concepts of financial decision making, which are the basis for the preparation and use of accounting information. In a world where details are constantly changing, concepts are especially important. In a business environment, there are many and varied decisions to be made. Illustrative examples of the types of decisions made by internal management and external users of financial statements are discussed throughout the course. Decision making involves identifying and sourcing relevant information, analyzing data, and critically evaluating alternatives, and it takes practice. To help you find many of the insights in the text about the role of accounting in decision making, we've placed decision icons in the small column next to this content.

Course Content: 

The content of the course is as follows, week by week: Introduction, Registration Process, Accrual Based Accounting Concepts, Inventories, Analysis and Reporting of Inventories, Financial Information Systems, Analysis and Reporting of Cash and Receivables, Analysis and Reporting of Non-Current Assets, Analysis and Reporting of Liabilities, Analysis and Reporting of Stocks. , Definition of Cash Flows, Financial Accounting Analysis and Financial Decision Making.

Teaching Methods: 
1: Lecture, 2: Question-Answer, 3: Discussion, 4: Simulation, 5: Case Study
Assessment Methods: 
A: Testing, B: Experiment, C: Homework, Q: Quiz

Vertical Tabs

Course Learning Outcomes

Learning Outcomes Programme Learning Outcomes Teaching Methods Assessment Methods
Using accounting concepts and accounting reporting in real situations 1,2,3,5 1,2,3 A, C
Recognizing and using accounting information systems 1,2,3,5 1,2,3 A, C
Real-life reporting and ability to analyze cash, receivables, non-current assets and shares 1, 5 1,2,3 A, C
Financial decision making with financial accounting analysis  1, 5 1,2,3 A, C

Course Flow

COURSE CONTENT
Week Topics Study Materials
1 Introduction  
2 Accounting Process  
3 Accrual Based Accounting Concepts  
4 Inventories  
5 Analysis and Reporting of Inventories  
6 Financial Information Systems  
7 Midterm Exam  
8 Cash and Receivables Analysis and Reporting  
9 Analysis and Reporting of Non-Current Assets  
10 Analysis and Reporting of Obligations  
11 Analysis and Reporting of Stocks  
12 Defining Cash Flows  
13 Financial Accounting Analysis and Financial Decision Making  
14 Financial Accounting Analysis and Financial Decision Making  
15 Final  

Recommended Sources

RECOMMENDED SOURCES
Textbook FINANCIAL ACCOUNTING REPORTING, ANALYSIS AND DECISION MAKING, 5TH EDITION, Shirley CARLON, Rosina MCALPINE-MLADENOVIC, Chrisann PALM, Lorena MITRIONE, Ngaire KIRK Lily WONG, 2016, Wiley
Additional Resources Course Notes Course website, lecture notes, financial markets laboratory, financial calculator, online resources, excel type software.

Material Sharing

MATERIAL SHARING
Documents Guidelines and additional examples for Lecture Topics and Homework Assignments
Assignments Homework assignments
 
Exams Midterm Exam and Final Exam
   

Assessment

ASSESSMENT
IN-TERM STUDIES NUMBER PERCENTAGE
Mid-Term 1 20
Class Performance6 6 20
Final Exam 1 60
  Total 100
CONTRIBUTION OF FINAL EXAMINATION TO OVERALL
GRADE
  60
CONTRIBUTION OF IN-TERM STUDIES TO OVERALL
GRADE
  40
  Total 100

Course’s Contribution to Program

COURSE'S CONTRIBUTION TO PROGRAMME
No Program Learning Outcomes Contribution
1 2 3 4 5
1 To comprehend the basic principles of finance and to be able to apply these principles in national and international areas.          X
2 To use modern information technologies and current financial tools effectively.        X  
3 To comprehend the ethical rules and social responsibility understanding accepted by financial professional organizations and to apply them in the decisions to be taken.    X      
4 To have the infrastructure that will enable them to do business in multicultural, multilingual and interdisciplinary environments.      X    
5 To have information about the markets and the functioning of the markets and to analyze the developments in these markets.     X X  
6 To recognize the management tools and models specific to multinational companies and to be able to apply them where necessary.          
7  To understand the structure of the global economic system and to analyze how new developments will affect this structure.   X      
8 To be able to use the ability of critical thinking in the decision making process.    X      
9 To transfer the acquired leadership, teamwork and communication skills to the lifelong learning process.           
10 To be able to manage the process with analytical and creative approaches by anticipating the opportunities and problems that dynamic working conditions may create.           

ECTS

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities Quantity Duration (Hour) Total Workload (Hour)
Course Duration (Including the exam week: 15x Total
course hours/week)
16 3 48
Hours for off-the-classroom study (Pre-study, practice,
review/week)
16 4 96
Homework 5+1(Proje) 60 60
Mid-term  1 10 20
Final 1 15 30
Total Work Load     254
Total Work Load / 25 (h)     10.16
ECTS Credit of the Course     10