FACULTY OF BUSINESS
Department of Business Administration
ACC 405 | Course Introduction and Application Information
Course Name |
Advanced Accounting
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
ACC 405
|
Fall/Spring
|
3
|
0
|
3
|
6
|
Prerequisites |
|
|||||||
Course Language |
English
|
|||||||
Course Type |
Elective
|
|||||||
Course Level |
First Cycle
|
|||||||
Mode of Delivery | - | |||||||
Teaching Methods and Techniques of the Course | DiscussionProblem SolvingQ&ALecture / Presentation | |||||||
Course Coordinator | ||||||||
Course Lecturer(s) | ||||||||
Assistant(s) | - |
Course Objectives | The main objective of this course is to provide students a comprehensive knowledge about specific accounting/financial reporting issues of corporations entering into merger and acquisiton transactions, operating in a group of companies, having multinational and/or multisectoral operations. The course also explores some other advanced accounting topics such as accounting for not-for-profit organizations including public sector reporting and accounting for government grants. |
Learning Outcomes |
The students who succeeded in this course;
|
Course Description | This course covers topics those have not been discussed in introductory and intermediate courses of the program. The topics covered are accounting for business combinations, consolidated financial statements, accounting for joint ventures and associates, disclosure of interests in other entities, segmental reporting, accounting for not-for-profit and public sector entities, accounting for foreign currency transactions, interim financial reporting, accounting for government grants and accounting for financial instruments. |
|
Core Courses | |
Major Area Courses |
X
|
|
Supportive Courses | ||
Media and Management Skills Courses | ||
Transferable Skill Courses |
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
Week | Subjects | Related Preparation |
1 | Introduction to Course | |
2 | Accounting for Business Combinations | Related part of course package - IFRS 3 |
3 | Accounting for Business Combinations | Related part of course package - IFRS 3 |
4 | Group Accounting - Consolidated Financial Statements | Related part of course package - IFRS 10 |
5 | Group Accounting - Consolidated Financial Statements | Related part of course package - IFRS 10 |
6 | Group Accounting Joint Arrangements (Accounting for joint ventures and associates) | Related part of course package - IFRS 11 |
7 | Disclosure of Interests in Other Entities | Related part of course package - IFRS 11 |
8 | Reporting for Operating Segments | Related part of course package - IFRS 8 |
9 | Accounting for Not-for-profit and Public Sector Entities | Related part of course package |
10 | Accounting for Foreign Currency Translations | Related part of course package - IAS 21 |
11 | Interim Financial Reporting | Related part of course package - IAS 34 |
12 | Accounting for Government Grants | Related part of course package - IAS 20 |
13 | Accounting for Financial Instruments | Related part of course package - IFRS 9 and 7 |
14 | Accounting for Financial Instruments | Related part of course package - IFRS 9 and 7 |
15 | Review of the Semester | |
16 | Final Exam |
Course Notes/Textbooks | Advanced Financial Accounting 12th Edition by Theodore Christensen and David Cottrell and Cassy Budd SBN10: 1259916979 ISBN13: 9781259916977 |
Suggested Readings/Materials | www.iasplus.com |
EVALUATION SYSTEM
Semester Activities | Number | Weigthing |
Participation | ||
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments | ||
Presentation / Jury | ||
Project |
1
|
30
|
Seminar / Workshop | ||
Oral Exams | ||
Midterm |
1
|
30
|
Final Exam |
1
|
40
|
Total |
Weighting of Semester Activities on the Final Grade |
2
|
60
|
Weighting of End-of-Semester Activities on the Final Grade |
1
|
40
|
Total |
ECTS / WORKLOAD TABLE
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
Laboratory / Application Hours (Including exam week: '.16.' x total hours) |
16
|
0
|
|
Study Hours Out of Class |
14
|
5
|
70
|
Field Work |
0
|
||
Quizzes / Studio Critiques |
0
|
||
Portfolio |
0
|
||
Homework / Assignments |
1
|
10
|
10
|
Presentation / Jury |
10
|
0
|
|
Project |
0
|
||
Seminar / Workshop |
0
|
||
Oral Exam |
0
|
||
Midterms |
1
|
14
|
14
|
Final Exam |
1
|
16
|
16
|
Total |
158
|
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
#
|
Program Competencies/Outcomes |
* Contribution Level
|
||||
1
|
2
|
3
|
4
|
5
|
||
1 | To be able to solve problems with an analytical and holistic viewpoint in the field of business administration. |
|||||
2 | To be able to present the findings and solutions to the business problems in written and oral formats. |
X | ||||
3 | To be able to interpret the application of business and economic concepts, and philosophies at the national and international levels. |
X | ||||
4 | To be able to use innovative and creative approach for real-life business situations. |
|||||
5 | To be able to demonstrate leadership skills in different business situations. |
|||||
6 | To be able to interpret the reflections of new technologies and softwares to business dynamics. |
|||||
7 | To be able to integrate knowledge gained in the five areas of business administration (marketing, production, management, accounting, and finance) through a strategic perspective. |
|||||
8 | To be able to act in accordance with the scientific and ethical values in studies related to business administration. |
|||||
9 | To be able to work efficiently and effectively as a team member. |
|||||
10 | To be able to have an ethical perspective and social responsiveness when making and evaluating business decisions. |
X | ||||
11 | To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1). |
|||||
12 | To be able to speak a second foreign at a medium level of fluency efficiently. |
|||||
13 | To be able to relate the knowledge accumulated throughout the human history to their field of expertise. |
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
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