TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	-
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	5
NAME OF LECTURER(S)	Associate Professor Soner Gökten Instructor Özgecan Özer
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Identify policy setting bodies and describe their role in the standard setting process. 2) Describe the qualitative characteristics of accounting information. 3) Define the elements of IFRS based financial reports (comprehensive income statement, statement of changes in equity, statement of financial position and statement of cash flows). 4) Identify the measurement and reporting issues involving current assets and non current assets. 5) Define, value and disclose cash and receivables, inventories, property, plant and equipment, intangibles according to related IFRS / IAS. 6) Integrate the basic skills and knowledge needed for a career in accounting and be able to approach the various accounting issues with professional qualities. 7) Relate the theoretical basis of accounting with the accounting practices in order to improve and enrich their accounting knowledge.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	Yes(BUS222)
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	No
COURSE DEFINITION	This course is an in-depth study of accounting concepts and principles. The content of the course will constitute the concept of International Accounting and the Conceptual Framework for International Financial Reporting as well as the related financial reporting standards.
COURSE CONTENTS	WEEK TOPICS 1st Week Financial Accounting and Accounting Standards 2nd Week Conceptual Framework for Financial Reporting 3rd Week The Accounting Information System 4th Week Cash and Receivables 5th Week Valuation of Inventories: A Cost Basis Approach 6th Week Inventories: Additional Valuation Issues 7th Week Acquisition and Disposal of Property, Plant & Equipment 8th Week Midterm 9th Week Depreciation, Impairments, Depletion 10th Week Intangible Assets 11th Week Current Liabilities, Provisions, and Contingencies 12th Week Income Statement and Related Information 13th Week Statement of Financial Position and Cash Flows 14th Week Investments
RECOMENDED OR REQUIRED READING	Intermediate Accounting IFRS Edition, Kieso, D. Weygandt, J.Warfield, T. 3rd or 4th Edition, John Wiley and Sons Inc.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion,Questions/Answers,Problem Solving
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 40 Practice 1 10 Total(%) 50 Contribution of In-term Studies to Overall Grade(%) 50 Contribution of Final Examination to Overall Grade(%) 50 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 2 2 Preparation for Quiz Individual or group work 14 2 28 Preparation for Final exam 1 30 30 Course hours 14 3 42 Preparation for Midterm exam 1 30 30 Laboratory (including preparation) Final exam 1 2 2 Homework 1 20 20 Total Workload 154 Total Workload / 30 5,13 ECTS Credits of the Course 5
LANGUAGE OF INSTRUCTION	English
WORK PLACEMENT(S)	No