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.
MODE OF DELIVERY
E-Learning
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
The student is expected to learn not only how to record financial transactions but also why they are recorded and how financial reports can be used in decision-making with respect to creditors and investors. The course content will focus on the characteristics of the techniques such as comparative financial analysis and ratio analysis with respect to the theoretical and practical concerns.
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
Assignment
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
INFLATION ACCOUNTING : The Impact of Inflation over the Financial Statements II
14th Week
Discussion
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
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Problem Solving
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Assignment
1
20
Total(%)
20
Contribution of In-term Studies to Overall Grade(%)
20
Contribution of Final Examination to Overall Grade(%)
80
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
Preparation for Quiz
Individual or group work
2
30
60
Preparation for Final exam
1
80
80
Course hours
14
1
14
Preparation for Midterm exam
Laboratory (including preparation)
Final exam
1
40
40
Homework
2
25
50
Total Workload
244
Total Workload / 30
8,13
ECTS Credits of the Course
8
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
