Different accounting implementations among countries cause problems both for internationally - operating companies & investors and for accounts. Therefore; internationally – based – standardization is a requirement. In this context, the objective of the course for students is to be able to understand international accounting and financial reporting standards.
Prerequisite(s)
None
Corequisite(s)
None
Special Requisite(s)
None
Instructor(s)
Professor Peyami Çarıkçıoğlu, pınar sarp
Course Assistant(s)
Ress. Asst. Emre Zehir
Schedule
Thursday 9:00 - 10:50, IKU CATS
Office Hour(s)
Thursday 11:00 - 12:00, IKU CATS
Teaching Methods and Techniques
-Theoretical explanation, problem solving, class discussion, homework
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
gible Assets
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
16. Week
final exams
17. Week
Final exams
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
35
Quizzes
1
15
Final Exam
1
50
Program Outcomes
PO-1
Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2
Applies mathematical, scientific and social knowledge to business problems.
PO-3
Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioural sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4
Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5
Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modelling and interpreting (critical thinking).
PO-6
Designs a business process in any functional stage that complies with identified objectives.
PO-7
Develops effective business communication skills (written-verbal/formal-informal).
PO-8
Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9
Acts with a sense of professional and ethical responsibility.
PO-10
Improves effective verbal and written communication skills in Turkish, and acquires competence in minimum one foreign language.
Learning Outcomes
LO-1
To be able to mention the importance of international standardization
LO-2
To be able to get acquainted with the conceptual framework of financial tables’ preparation and presentation
LO-3
To be able to express the concept and basic definitions of international accounting and financial reporting standards
LO-4
To be able to account for economic transactions as international accounting and financial reporting standards
LO-5
To be able to appreciate financial table items with proper criteria, according to international accounting and financial reporting standards
