TYPE OF COURSE UNIT	Compulsory Course
LEVEL OF COURSE UNIT	Master's Degree Without Thesis
YEAR OF STUDY	1
SEMESTER	First Term (Fall)
NUMBER OF ECTS CREDITS ALLOCATED	10
NAME OF LECTURER(S)	Professor Nalan Akdoğan
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) At the end of the course, students will be able to explain the conceptual frameworks of the Turkish Accounting System and the International accounting system. 2) At the end of the course, students will be able to explain the innovations brought by the International Financial Reporting Standards in the preparation and presentation of financial reports. 3) At the end of the course, students will be able to discuss financial statements prepared according to International financial reporting standards. 4) At the end of the course, students can discuss the standards numbered UMS1, UMS7, UMS2, UMS8, UMS10, UMS16, UMS36, UMS38, UMS 40, UMS23, UMS18, UMS37, UMS17. 5) At the end of the course, students can discuss about the articles on standards.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
COURSE DEFINITION
COURSE CONTENTS	WEEK TOPICS 1st Week OVERVIEW OF ACCOUNTING STANDARDS 2nd Week CONCEPTUAL FRAMEWORK, PRESENTATION OF FINANCIAL STATEMENTS IAS 1, BOBI FRS SECTION 1 3rd Week IAS 8, IAS 10 and CRITERIA OF VALUATION 4th Week ESTABLISHING THE CASH FLOW STATEMENT 5th Week IAS 2 STOCKS 6th Week IFRS 15 REVENUE FROM THE CUSTOMERS AND IFRS 16 LEASING 7th Week TANGIBLE ASSETS, INTANGIBLE ASSETS INVESTMENT PROPERTY STANDARDS 8th Week MIDTERM EXAM 9th Week CONSOLIDATED STATEMENTS STANDARD, ACCOUNTING STANDARD OF AFFILIATES, JOINT VENTURES 10th Week INCOME TAX STANDARD, COMPANY MERGERS 11th Week BORROWING COSTS, EXCHANGE DIFFERENCES, GOVERNMENT INCENTIVES 12th Week OTHER STANDARDS 13th Week FIRST APPLICATION OF IFRS AND CONVERSION OPERATIONS
RECOMENDED OR REQUIRED READING
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
ASSESSMENT METHODS AND CRITERIA
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 3 3 Preparation for Quiz 1 3 3 Individual or group work 14 8 112 Preparation for Final exam 1 40 40 Course hours 14 3 42 Preparation for Midterm exam 1 20 20 Laboratory (including preparation) Final exam 1 3 3 Homework 2 40 80 Total Workload 303 Total Workload / 30 10,1 ECTS Credits of the Course 10
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No