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ISTANBUL GELİŞİM UNIVERSITY INFORMATION SYSTEM

FOREIGN TRADE TRANSACTIONS ACCOUNTING COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
UTY413 FOREIGN TRADE TRANSACTIONS ACCOUNTING 7 3 3 8

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week Preparatory Topics(Subjects) Method
1 Reading and Literature Review Basic concepts, reasons and risks encountered in foreign trade transactions. Lecture, Question and Answer,Discussion
2 Reading and Literature Review Basic concepts of accounting and basic accounting processes Lecture, Question and Answer
3 Reading and Literature Review Basic concepts, reasons and risks encountered in foreign trade transactions. Lecture, Question and Answer,Discussion
4 Reading and Literature Review Accounting of checks received through foreign currency transactions. Lecture, Question and Answer, Demonstration
5 Reading and Literature Review Accounting for export transactions and positive and negative exchange rate differences arising from these transactions. Lecture, question Answer, Demonstration, problem solving
6 Reading and Literature Review Accounting procedures for the collection of the export price partly and the valuation of foreign currency and leaving the export price to foreign branches. Lecture, question Answer, Demonstration, problem solving
7 Reading and Literature Review Payment methods in export; accounting procedures of cash payment and cash against goods payment methods. Lecture, question Answer, Demonstration, problem solving
8 Reading and Literature Review Payment methods in export; accounting procedures of payment against documents and consignment payment methods. Lecture, question Answer, Demonstration, problem solving
9 Reading and Literature Review Payment methods in export; accounting procedures of payment methods with letter of credit and acceptance credit. Lecture, question Answer, Demonstration, problem solving
10 - MID-TERM EXAM -
11 Reading and Literature Review Accounting for VAT, registration and cancellation in goods purchase and sale transactions registered in export. Lecture, question Answer, Demonstration, problem solving
12 Reading and Literature Review Accounting procedures of state aid in exports. Lecture, question Answer, Demonstration, problem solving
13 Reading and Literature Review Payment methods in import; accounting procedures of payment methods against letter of credit, against goods and against documents. Lecture, question Answer, Demonstration, problem solving
14 Reading and Literature Review Payment methods in import; accounting procedures of free imports with acceptance credit payment method. Lecture, question Answer, Demonstration, problem solving
15 Reading and Literature Review Clearing in foreign trade, transit trade, foreign and inward processing regime accounting transactions. Lecture, question Answer, Demonstration, problem solving
16 - FINAL EXAM -
17 - FINAL EXAM -