INTERNATIONAL ACCOUNTING & FINANCIAL REPORTING STANDARTS
Course Code
Semester
Course Name
LE/RC/LA
Course Type
Language of Instruction
ECTS
ISY0002
INTERNATIONAL ACCOUNTING & FINANCIAL REPORTING STANDARTS
2/0/0
DE
2
Course Goals
Giving information about international accounting principles and rules with financial reporting independently of legal accounting regulations
Prerequisite(s)
Financial Accounting
Corequisite(s)
Course Code Course Name…
Special Requisite(s)
The minimum qualifications that are expected from the students who want to attend the course.(Examples: Foreign language level, attendance, known theoretical pre-qualifications, etc.)
In the spring term of 2020-2021 Academic Year, although that lesson has been planned in a formal learning way in advance, it has been decided to practice digital distant learning (online sessions) method rather than formal learning method because of the COVID-19 for the lesson regarding the recommendations by Council of Higher Education. Theoretical parts of the lesson will be given via system of CATs V3.0 and supported by academic and sectoral webinars. If it is possible, applied courses about the lesson will be given via system of CATs V3.0, digitally too. If it is not, they will be given in a way of hybrid model alternately according to the changes in the pandemic conditions in the last part of fall term of 2020-2021.
Preface to International Financial Reporting Standards and Accounting Standards
Oral Presentation
2. Week
Conceptual Framework for Financial Reporting
Oral Presentation
3. Week
IAS-1 Presentation of Financial Statements
Oral Presentation and Practices
4. Week
IAS-2 Inventories
Oral Presentation and Practices
5. Week
IAS-7 Statement of Cash Flows
Oral Presentation and Practices
6. Week
IAS-8 Accounting Policies, Changes in Accounting Estimates and Errors
Oral Presentation and Practices
7. Week
IAS-10 Events after the Reporting Period
Oral Presentation and Practices
8. Week
Mid-Term Exam
9. Week
IAS-16 Property, Plant and Equipments
Oral Presentation and Practices
10. Week
IAS-23 Borrowing Costs
Oral Presentation and Practices
11. Week
IAS-38 Intangible Assets
Oral Presentation and Practices
12. Week
IAS-37 Provisions, Contingent Liabilities and Contingent Assets
Oral Presentation and Practices
13. Week
IAS-40 Investment Property
Oral Presentation and Practices
14. Week
Final Exam
15. Week
Final Exam
16. Week
Final Exam
17. Week
Final Exam
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
40
Final Exam
1
60
Program Outcomes
PO-1
PO 1. To have a basic knowledge in the field of Business Management
PO-2
PO 2. To know organizational structure in the way of planning, organization, leadership and control mechanisms
PO-3
PO 3. Recognizing human resources management and labor and social security legislations
PO-4
PO 4. To be master in the legislations related to the business and take legal responsibility by taking basic legislations which shapes the regulatory framework of the business into account
PO-5
PO 5. To take advantage of data collection techniques for problem solving and decision making
PO-6
PO 6. To have a knowledge about basic methods used in accounting and business practices of these methods
PO-7
PO 7. Identify the functions and implementations of marketing in business life, be able to conduct market research and use the marketing communication as required
PO-8
PO 8. To have the knowledge about computers and relevant programs needed
PO-9
PO 9. To be able to apply business processes and basic principles of project management techniques
PO-10
PO 10. To have the ability of effective communication skills both orally and written
PO-11
PO 11. To be able to make quality-oriented plans within business structure
PO-12
PO 12. To be able to develop business analysis for targeting appropriate investments and follow-up
PO-13
PO 13. To be able to take advantage of financial analysis techniques within business environment
PO-14
PO 14. To be able to benefit from major numerical analysis methods and their implementations in business
PO-15
PO 15. To follow the basic legislation related to the business and have a knowledge on basic law
PO-16
PO 16. To have knowledge about Ataturk's Principles and Revolution History
PO-17
PO 17. Recognize the basic principals and processes of production and sales management
PO-18
PO 18. To have vocational knowledge of English in Business and Management
Learning Outcomes
LO-1
Having General Information About International Financial Reporting Standards and International Accounting Standards and Learning Content of Them.
LO-2
Having Knowledge for Accounting of Transactions According to the Standards.
LO-3
Recognizing Conceptual Framework for International Financial Reporting and International Accounting Standards.
LO-4
Learning Difference of Accounting Principles Based On Legal Accounting Regulations and International Standards
