FOREIGN TRADE TRANSACTIONS ACCOUNTING PROGRAMME COURSE DESCRIPTION

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

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	, TYY: + , EQF-LLL: , QF-EHEA:
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit
Instructor(s) of the Course Unit	Assoc.Prof. MUSTAFA ÇANAKÇIOĞLU
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to gain the ability to perform accounting records of financial transactions that occur due to the nature of foreign trade transactions.
Contents of the Course Unit:	Contents of the course include basic concepts in accounting, uniform accounting plan regarding foreign trade transactions, Accounting of This course includes the chart of accounts in foreign trade, foreign exchange, foreign exchange, currency and exchange rate concepts, accounting of foreign exchange transactions, accounting of import transactions, forms of export payment and accounting records, Some Financing Techniques Used in Foreign Trade and Their Accounting, Prepaid, Cash Against Goods and Documents, Includes Accounting for Import Transactions with Letter of Credit, Acceptance Credit, Securities and Advance Transactions, VAT in foreign trade transactions, State aids and incentives in foreign trade.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Organizes the basic chart of accounts that can be used in transactions regarding foreign trade practices.
Calculates the exchange rate difference by applying the period-end valuation in foreign currency transactions (such as cash, checks, bank accounts, bills) and performs accounting transactions.
Calculates the collection of export transactions and performs accounting transactions.
Knows state aid in exports, performs accounting procedures.
Calculates the collection of import transactions and performs accounting transactions.

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	-	MID-TERM EXAM	-
9	Reading and Literature Review	Payment methods in export; accounting procedures of payment against documents and consignment payment methods.	Lecture, question Answer, Demonstration, problem solving
10	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
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	-

SOURCE MATERIALS & RECOMMENDED READING
Çetin, Meliha. (2016) Çözümlü Örneklerle Dış Ticaret İşlemleri Muhasebesi, 2.Baskı, Pradigma Akademi.
Kaya,Feridun ve diğerleri.(2019) Dış Ticaret İşlemlerinin Muhasebeleştirilmesi, Anadolu Üniversitesi Yayınları, Yayın No:2957,Açık Öğretim Fakültesi Yayın No:1912.

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	Students interpret the basic concepts, theories and approaches of international trade and logistics.						5
2	Students explain current information about the field with economics and business theories.					4

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students analyze economic and financial data related to their field.					4
2	Students relate the information and facts in the field with other social sciences such as sociology, political science and philosophy.	0

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students prepare the technical infrastructure and content of international trade transactions.						5
2	Students use the theoretical knowledge in his/her field to determine new strategies.					4

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students carry out the import and export transactions by applying the customs legislation and foreign exchange legislation.				3
2	Students use the theoretical and practical knowledge in the field for academic and professional career.					4

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students develop strategies to reach the sales and marketing targets.				3
2	Students carry out the correspondence on orders, transportation and payment with the foreign customers.					4

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students organize participations in national and international fairs in the field.				3
2	Students prepare the documentation used in import and export transactions.					4
3	Students consider life-long learning as a principle and search on developments, changes and innovations in the field.					4

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students manage all phases from finding the customers until delivery of orders.				3
2	Students cooperate with stakeholders in order to generate new ideas.				3

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Students implement knowledge and skills related to his / her field by taking into account his / her legal, social and ethical responsibilities.				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	14	4	56
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	8	7	56
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	8	6	48
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	46	0	204