FOREIGN TRADE ACCOUNTING PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UIT202	FOREIGN TRADE ACCOUNTING	4	3	3	6

GENERAL INFORMATION
Language of Instruction :	Turkish
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	Prof. MUSTAFA KÖKSAL
Instructor(s) of the Course Unit	Assist.Prof. MEHMET ŞİRİN YAKUT
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	Objective of this course is to help students to understand the basic concepts of accounting and related legislation in accordance with the foreign currency, bank, check and note transactions to create accounting records in business life.
Contents of the Course Unit:	The contents of the course include; Fundamental concepts of accounting, Uniform Chart of Account on Foreign Trade Transactions, Accounting of Foreign Currency Transactions, Accounting of Imports of Machinery and Services, Calculation of Unit Cost of Imported Goods in the Same Lot.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Organize the basic account plan that can be used in foreign trade practices (Blooms 3).
Calculate exchange rate by applying period end valuation in foreign currency (effective, checks, bank accounts, bills) transactions (Blooms 3).
Apply the accounting transactions of exchange rate differences for assets with foreign currencies (effective, checks, bank accounts, notes, etc.) (Blooms 3).
Implement the accounting of direct export and export registered goods and services (Blooms 3).
List the methods used for the calculation of commercial foreign travel expenses (Blooms 1).
Apply accounting records in the importation of goods or fixed assets (Blooms 3)
Analyze by calculating the cost of more than one kind of goods imported in the same lot (Blooms 4).

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Creating the first impression in the student, preparing the presentation about the course content and methods	Fundamental Concepts of Accounting	Lecture, Discussion, Assessment
2	Literature research and course preparation	Uniform Accounting Plan on Foreign Trade Transactions	Lecture, Discussion, Assessment
3	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Register Transactions Based on Foreign Currency	Lecture, Discussion, Assessment
4	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Check Transactions Based on Foreign Currency	Lecture, Discussion, Assessment
5	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Bank Transactions Based on Foreign Currency	Lecture, Discussion, Assessment
6	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Bank Transactions Based on Foreign Currency	Lecture, Discussion, Assessment
7	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Bill Transactions Based on Foreign Currency	Lecture, Discussion, Assessment
8	-	MID-TERM EXAM	-
9	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Bill Transactions Based on Foreign Currency	Lecture, Discussion, Assessment
10	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Direct Export Transactions	Lecture, Discussion, Assessment
11	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Export Registered Sales Transactions	Lecture, Discussion, Assessment
12	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Service Export Transactions and Calculation of Foreign Travel Expenses	Lecture, Discussion, Assessment
13	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Good Import Transactions	Lecture, Discussion, Assessment
14	Creating the first impression in the student, preparing the presentation about the course content and methods	Accounting of Machinery and Service Import Transactions	Lecture, Discussion, Assessment
15	Creating the first impression in the student, preparing the presentation about the course content and methods	Calculation of Unit Cost for Goods Imported in Same Lot	Lecture, Discussion, Assessment
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Kirtiş, K. (2013) Dış Ticaret İşlemleri Muhasebesi: Teorik ve Uygulamalı, İstanbul: İstanbul Gelişim Üniversitesi, Yayınları
Arzova, S.B. (2017) Dış Ticaret İşletmeleri ve Muhasebesi, İstanbul: Beta Yayınevi
Gürsoy, Y., Dış Ticaret İşlemleri Muhasebesi, (12. Baskı), Ekin Yayınları
D. Choi, F.(2010) International Accounting, (7. Edition), Pearson Education

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Summarizing basic and advanced topics in International Trade and Business.			2
2	To define the theories, concepts and principles of International Trade and Business and its sub-fields.		1
3	Interpreting the relationship of International Trade and Business with other disciplines.			2
4	Using the theoretical knowledge gained in the field of International Trade and Business in professional practices and daily life.			2

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explaining current events and phenomena in the field with a holistic perspective analytically and systematically based on advanced knowledge and skills.				3
2	Solving problems encountered in business life, at individual and organizational level.			2
3	Effective use of computer programs (such as SPSS, R, Excel, Stata) in the face of complex business problems.		1
4	Evaluating the developments in the world from an intellectual perspective in the light of the joint faculty courses taken.			2

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Recognizing new theoretical and practical approaches in the field of International Trade and Business.				3
2	Recognize the relevant literature effectively.				3
3	Independently organize activities towards organizational goals and objectives.				3

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To conduct qualitative and quantitative research on the subjects related to the field.					4

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To be able to work independently in the light of the knowledge gained in the field of International Trade and Business and to take responsibility for the work done.					4

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Adopting the philosophy of lifelong learning.					4

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To use Turkish in written and oral communication in accordance with the rules and effectively.				3
2	Using foreign language skills effectively in business and social life, explaining their demands in writing or verbally.				3
3	To design a healthy communication network in the business world by using social life skills.					4

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Benefiting from the theoretical and historical knowledge of international trade and business; analyzes current issues, events and problems.				3
2	Continually improving their knowledge of the structure and characteristics of the variables of international trade and business.				3

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	12	4	48
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
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	0	0	0
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	6	5	30
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	6	5	30
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	40	0	152