At the end of this course, the students; 1) Understand how financial statements can be used by investors, creditors, security analysts and auditors, 2) Understand the basic procedures for preparing financial statements and how to conduct T-account analysis 3) Understand how to use the balance sheet and the income statement information to understand key differences in the nature of firms' operations and how those operations are financed, 4) Undertand how to interpret the results of an analysis of profitability and risk, 5) Understand the major sources ondu ses of cash reported in the operating, investing and financing sectinos of the statement of cash flows, 6) Understand the two major approaches for adjusting financial reports for rapidly changing prices - current cost accounting and general price-level accounting. 7) Learn how to analyze the financial statements of banks and insurance companies. 8) Learn how to analyse the financial statements of companies from different countries.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
MAND647 FINANCIAL ACCOUNTING
COURSE DEFINITION
The course covers vertical, horizontal, trend and ratio analysis of financial statements, capital budgeting decisions and fundamental technical analysis and methods of company valuation.
COURSE CONTENTS
WEEK
TOPICS
1st Week
The Financial Statement Concept
2nd Week
The General Characteristics of Financial Statements
3rd Week
The Limits of the Use of Financial Statements
4th Week
The Basic Financial Statements: Preparation, Content, and Analysis II
5th Week
The Basic Financial Statements: Preparation, Content, and Analysis II
6th Week
The Other Financial Statements: Preparation, Content, and Analysis I
7th Week
The Other Financial Statements: Preparation, Content, and Analysis II
8th Week
MIDTERM
9th Week
THE FINANCIAL STATEMENT ANALYSIS TECHNIQUES : Horizontal Analysis
10th Week
THE FINANCIAL STATEMENT ANALYSIS TECHNIQUES : Vertical Analysis
11th Week
THE FINANCIAL STATEMENT ANALYSIS TECHNIQUES : Ratio Analysis
12th Week
INFLATION ACCOUNTING : The Impact of Inflation over the Financial Statements I
13th Week
Examination of the financial statements of banks and methods of financial analysis.
14th Week
Examination of the financial statements of insurance companies and methods of financial analysis.
RECOMENDED OR REQUIRED READING
Revsine, L., Collins W., Johnson B. W., Financial Reporting and Analysis , Prentice Hall, Second Edition, 2002 Akdoğan N., Tenker N., Finansal Tablolar ve Mali Analiz Teknikleri, Gazi Kitabevi, 11. Baskı, 2007 Sigorta Araştırma ve İnceleme Yayınları 6: Sigorta Şirketlerinin Mali Analizi, Erken Uyarı Sistemi ve Derecelendirme (Rating), TSRSB Yayın No: 15, Nisan 2006
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
40
Total(%)
40
Contribution of In-term Studies to Overall Grade(%)
40
Contribution of Final Examination to Overall Grade(%)
60
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
2
2
Preparation for Quiz
Individual or group work
Preparation for Final exam
1
250
250
Course hours
14
3
42
Preparation for Midterm exam
1
160
160
Laboratory (including preparation)
Final exam
1
2
2
Homework
Total Workload
456
Total Workload / 30
15,2
ECTS Credits of the Course
15
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)