TR EN

INTERNATIONAL ACCOUNTING STANDARDS PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BUS334 INTERNATIONAL ACCOUNTING STANDARDS 6 3 3 8

GENERAL INFORMATION

Language of Instruction : English
Level of the Course Unit : BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course : Compulsory
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Assist.Prof. ÇAĞLA TUĞBERK ARIKER
Instructor(s) of the Course Unit Assist.Prof. DINI VERDENIA
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: This course aims to give the students the ability to apply business accounting transactions in accordance with the international standards.
Contents of the Course Unit: Contents of the course include issuing accounting order, international standards, balance sheet and other financial statements in accordance with the standards.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

List the international accounting standards.
Record the accounting issues in accordance with the standards.
Prepare the balance sheet in accordance with the standards.
Prepare the financial statements in accordance with the standards.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 The relevant chapter of the coursebook Development of international standards Lecture
2 IAS 1 preliminary survey IAS 1 Conceptual framework Lecture & Case Study
3 The relevant chapter of the coursebook IAS 2 Stock standards Lecture & Sample Records & Practices
4 The relevant chapter of the coursebook IAS 8 Accounting Policies Versions and Errors in Estimating Accounting Lecture & Sample Records & Practices
5 The relevant chapter of the coursebook IAS 41 Agricultural Activities Standard Lecture & Sample Records & Practices
6 The relevant chapter of the coursebook IAS 19 Employee Benefits I Lecture & Sample Records & Practices
7 The relevant chapter of the coursebook IAS 19 Employee Benefits II Lecture & Sample Records & Practices
8 - MID-TERM EXAM -
9 The relevant chapter of the coursebook IAS 38 Intangible Assets Standard Lecture & Sample Records & Practices
10 The relevant chapter of the coursebook IAS 24 Disclosures to Related Parties Lecture & Sample Records & Practices
11 The relevant chapter of the coursebook IAS 16 Tangible fixed assets standards Lecture & Sample Records & Practices
12 The relevant chapter of the coursebook IAS 11 Construction Standard Lecture & Sample Records & Practices
13 The relevant chapter of the coursebook IAS 7 Cash Flow Statements Lecture & Sample Records & Practices
14 The relevant chapter of the coursebook IAS 34 Interim Financial Reporting Standard Lecture & Analytic Discussion
15 The relevant chapter of the coursebook IAS 10 Standard for Events After the Reporting Period Lecture & Analytic Discussion
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Yanik, S., & Ozerhan, Y. (2015). TMS TFRS Aciklamali ve Ornek Uygulamali Turkiye Muhasebe Standartlari Turkiye Finansal Raporlama Stand. TURMOB Publications, Ankara
Kaval, H. (2005). Muhasebe denetimi: Uluslararası finansal raporlama standartlari uygulama ornekleriyle. Gazi Bookstore.
International Accounting Standards Committee, & International Accounting Standards Board. (2000). International accounting standards. International accounting standards committee.

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Define the theories, concepts and principles of the basic and sub-fields of business.
3
2
Explain business functions and processes based on current scientific sources.
3

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate internationally valid business cases with the theories and concepts of other social sciences.
4

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.
5

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Use the theoretical and factual knowledge in business for occupational practices.
5
2
Solve individual and organizational problems in business life.
5
3
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
1

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Plan research and work using knowledge and skills gained in the field of business.
3
2
Organize the activities for organizational goals and purposes independently.
4

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Criticize advanced knowledge and skills in the field with a critical approach.
5
2
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
4

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
4
2
Use the information and communication technology software and equipment required for business.
2

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.
4
2
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
1

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT

Workload for Learning & Teaching Activities

Type of the Learning Activites Learning Activities (# of week) Duration (hours, h) Workload (h)
Lecture & In-Class Activities 14 3 42
Preliminary & Further Study 14 3 42
Land Surveying 0 0 0
Group Work 2 3 6
Laboratory 0 0 0
Reading 14 2 28
Assignment (Homework) 14 3 42
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 0 0 0
Implementation/Application/Practice 14 1 14
Practice at a workplace 0 0 0
Occupational Activity 0 0 0
Social Activity 0 0 0
Thesis Work 0 0 0
Field Study 0 0 0
Report Writing 0 0 0
Final Exam 1 1 1
Preparation for the Final Exam 1 12 12
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 1 12 12
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 76 0 200
Total Workload of the Course Unit 200
Workload (h) / 25.5 7,8
ECTS Credits allocated for the Course Unit 8,0