Undergraduate
Faculty of Economic and Administrative Sciences
Economics
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Economics Main Page / Program Curriculum / International Financial Reporting Standards

International Financial Reporting Standards

Course CodeSemester Course Name LE/RC/LA Course Type Language of Instruction ECTS
IIBF0068 International Financial Reporting Standards 2/0/0 DE Turkish 4
Course Goals
Prerequisite(s) No
Corequisite(s) No
Special Requisite(s) No
Instructor(s) Professor Peyami Çarıkçıoğlu
Course Assistant(s)
Schedule Wednesday, 13.00:14:50, BK-A503
Office Hour(s) Block B 8. Floor Room Number 8
Teaching Methods and Techniques -Theoretical explanation, problem solving, class discussion, homework
Principle Sources -Gökçen, G., Cemal Çakıcı and Başak Ataman Akgül, “Türkiye Muhasebe Standartları Uygulamaları”, (Turkey Accounting Standards Implementations) enlarged edition, Beta Publications, 2011
Other Sources -
Course Schedules
Week Contents Learning Methods
1. Week The conceptual framework of financial tables’ preparation and presentation Theoretical explanation, problem solving, class discussion, homework
2. Week Inventories Theoretical explanation, problem solving, class discussion, homework
3. Week Cash Flow Table Theoretical explanation, problem solving, class discussion, homework
4. Week Accounting Policies, Changes and Errors in Accounting Estimates Theoretical explanation, problem solving, class discussion, homework
5. Week Cases Following Post Reporting (Balance Sheet) Period Theoretical explanation, problem solving, class discussion, homework
6. Week Tangible Assets Theoretical explanation, problem solving, class discussion, homework
7. Week Revenue Theoretical explanation, problem solving, class discussion, homework
8. Week The impacts of F/X Change Theoretical explanation, problem solving, class discussion, homework
9. Week Borrowing costs Theoretical explanation, problem solving, class discussion, homework
10. Week Impairment of assets Theoretical explanation, problem solving, class discussion, homework
11. Week Reserves, Provisory debts and Provisory assets Theoretical explanation, problem solving, class discussion, homework
12. Week Non Tangible Assets Theoretical explanation, problem solving, class discussion, homework
13. Week The First Implementation of Turkish Financial Reporting Standards Theoretical explanation, problem solving, class discussion, homework
14. Week Mergers Theoretical explanation, problem solving, class discussion, homework
15. Week Final exams Exam
16. Week Final exams Exam
17. Week Final exams Exam
Assessments
Evaluation tools Quantity Weight(%)


Program Outcomes
PO-1To define his/her competencies using the theoretical and practical knowledge he/she acquired in the field of Economics and to use these competencies in practice.
PO-2To discuss concepts and ideas in the field of Economics with scientific methods, to develop hypotheses, to interpret and evaluate the data obtained.
PO-3To develop solution suggestions for complex and/or unpredictable problems encountered in practice, to report and present these suggestions in accordance with the academic publication rules.
PO-4To identify regional and global issues/problems, to perform analyses based on scientific data and research, and to develop solution suggestions.
PO-5To determine the learning needs in the field of Economics, to evaluate the acquired knowledge and skills with a critical approach, and to use this knowledge and skills to develop economic policies.
PO-6To inform relevant people and institutions on issues related to the field of Economics and to gain the ability to convey written and verbal solutions to problems.
PO-7To convey his/her thoughts and suggestions in the field of Economics to experts and non-experts by supporting them with quantitative and qualitative data, to discuss and to contribute to the development of new policies by revising suggestions according to the feedback he/she receives.
PO-8To benefit from other disciplines that form the basis of the field of Economics, to develop multidisciplinary approaches by associating these disciplines with his/her knowledge in the field of Economics, to produce project and publications.
PO-9To define the differences and relationships between classical and modern theories of economics and to observe the distinctions between classical and modern economic policies and to evaluate the compatibility of these policies with economic and social issues.
PO-10To read and comprehend foreing news sources about economics being fluent in a foreign language, to scan the economic literature and to follow the most current approaches in this field.
PO-11To take into account scientific and ethical values in the stages of collecting, interpreting and announcing economic data and carrying out statistical/econometric studies using these data, and also to carry out the publication process in accordance with academic publishing principles.
Learning Outcomes
LO-1To be able to mention the importance of international standardization
LO-2To be able to get acquainted with the conceptual framework of financial tables’ preparation and presentation
LO-3To be able to express the concept and basic definitions of international accounting and financial reporting standards
LO-4To be able to account for economic transactions as international accounting and financial reporting standards
LO-5To be able to appreciate financial table items with proper criteria, according to international accounting and financial reporting standards
Course Assessment Matrix:
Program Outcomes - Learning Outcomes Matrix
 PO 1PO 2PO 3PO 4PO 5PO 6PO 7PO 8PO 9PO 10PO 11