Prerequisite Courses:
Course Language:
İngilizce
Courses given by:
Course Objectives:
The aim of this course is to understand and apply international standards in financial reporting.
Course Content:
Financial reporting in the world and in Turkey, selected topics under International Financial Reporting Standards: financial instruments, inventories, long lived assets, revenue recognition, deferred taxation, group reporting, foreign currency translation / inflation accounting.
Course Methodology:
1:lecture 2:case studies 3:problem solving
Course Evaluation Methods:
1:exams 2:classwork / quiz
Vertical Tabs
Course Learning Outcomes
| Learning Outcomes | Program Learning Outcomes |
Teaching
Methods |
Assessment
Methods |
| Students will be able to analyze applied standards and international accounting practices. | 1,2,3,5 | 1,2,3 | 1,2 |
| Students will be able to prepare financial statements in terms of financial reporting standards | 1,2,3,5 | 1,2,3 | 1,2 |
| Students will be able to use the standards in the global business world | 1,2,3,5 | 1,2,3 | 1,2 |
Course Flow
| COURSE CONTENT | ||
| Week | Topics | Study Materials |
| 1 | Financial Reporting System in Turkey and in the World | Textbook and lecture notes |
| 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 | Group Reporting | // |
| 9 | Group Reporting | // |
| 10 |
Accounting Policies, Change in Accounting Estimates, and Errors /
Events After the Reporting Period / Other Standards |
// |
| 11 | Statement of Cash Flows | // |
| 12 | Foreign Currency Reporting / Inflation Accounting | // |
| 13 | Foreign Currency Reporting / Inflation Accounting | // |
| 14 | Review | |
Recommended Sources
| RECOMMENDED SOURCES | |
| Textbook | Choi, D., & Meek, G. (2011). International Accounting. (7th ed.) Prentice Hall: Boston |
| Additional Resources | ŞAVLI, Tuba, Uluslararası / Türkiye Finansal Raporlama Standartları, Yaklaşım Yayıncılık, 2014 |
Material Sharing
| MATERIAL SHARING | |
| Documents | Problems / Examples shared |
| Assignments | Problems |
| Exams | Classwork / Quizzes / Mid-term / Final |
Assessment
| ASSESSMENT | ||
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Midterm | 1 | 30 |
| Quizzes | 2 | 20 |
| Total | 50 | |
| CONTRIBUTION OF FINAL EXAM TO OVERALL GRADE | 50 | |
| CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE | 50 | |
| Total | 100 | |
Course’s Contribution to Program
| COURSE'S CONTRIBUTION TO PROGRAM | |||||||
| No | Program Learning Outcomes | Contribution | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Will be able to describe all the concepts related to business functions. | X | |||||
| 2 | Will be able to use the theoretical and practical knowledge gained in the field of business administration. | X | |||||
| 3 | Will be able to explain concepts, ideas and cases with scientific methods, interpret and evaluate qualitative and quantitative data, define problems and develop solutions. | X | |||||
| 4 | Will be able to use various communication channels effectively in business life. | X | |||||
| 5 | Will be able to demonstrate ethical values. | X | |||||
| 6 | Will be able to demonstrate an understanding of social responsibility and active citizenship. | X | |||||
| 7 | Will be able to evaluate the acquired knowledge and skills with a critical approach. | X | |||||
| 8 | Will be able to interpret quality management and processes, environmental protection, occupational safety and sustainability. | X | |||||
| 9 | Will be able to work effectively in the team and takes initiative for the success of the team. | X | |||||
| 10 | Will be able to manage and defend diversity. | 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) | 12 | 3 | 36 |
| Mid-terms (including quizzes) | 3 | 15 | 45 |
| Final examination | 1 | 30 | 30 |
| Total Work Load | 159 | ||
| Total Work Load / 25 (h) | 6,36 | ||
| ECTS Credit of the Course | 6 | ||
None