FACULTY OF BUSINESS
Department of Business Administration
BA 347 | Course Introduction and Application Information
Course Name |
Intermediate Accounting I
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
BA 347
|
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 | Problem SolvingCase StudyQ&A | |||||||
Course Coordinator | ||||||||
Course Lecturer(s) | ||||||||
Assistant(s) | - |
Course Objectives | The course is composed of three parts. The first part provides a comprehensive review of the accounting cycle initially discussed in Financial Accounting which is the prerequisite of this course. The second part will help students to develop a deeper understanding of the use of IFRS Framework in IFRS reporting and will introduce contents and concepts of IFRS based financial statements. In the third part, the students will undertake an in depth analysis of definition, valuation and disclosure of asset accounts by referencing related IFRS/IAS. |
Learning Outcomes |
The students who succeeded in this course;
|
Course Description | This course is designed as an intermediate accounting course in which the aim is to provide e deeper knowlege of the use of IFRS Framework and preparation of IFRS based financial statements. The topics covered include the basic accounting principles, recording process, IFRS Framework, terms and contents of IFRS based financail statements, detailed analysis of cash and receivables, inventories, property, plant and equipment, intangibles and application of depreciation, impairments, depletion to related assets. |
|
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 | A brief overview of financial accounting and accounting standards | Chapter 1 |
2 | Conceptual Framework for Financial Reporting | Chapter 2 |
3 | An Overview of Accounting Cycle- Including journal entries, ledger, trial balance, correction of errors, suspense accounts | Chapter 3 and Course notes |
4 | An Overview of Accounting Cycle- Including journal entries, ledger, trial balance, correction of errors, suspense accounts | Chapter 3 and Course notes |
5 | Financial Statements – Comprehensive Income Statement and Related Information, Statement of Changes in Equiity | Chapter 4-5 |
6 | Financial Statements – Statement of Financial Position and Statement of Cash Flows | Chapter 4-5 |
7 | Cash and Receivables | Chapter 7 |
8 | Valuation of Inventories: A Cost Basis Approach | Chapter 8 |
9 | Valuation of Inventories: Additional Valuation Issues | Chapter 9 |
10 | Acquisiton and Disposition of Property, Plant and Equipment | Chapter 10 |
11 | Acquisiton and Disposition of Property, Plant and Equipment | Chapter 10 |
12 | Depreciation, Impairments and Depletion | Chapter 11 |
13 | Depreciation, Impairments and Depletion | Chapter 11 |
14 | Intangible Assets | Chapter 12 |
15 | Review of the Semester | |
16 | Final Exam |
Course Notes/Textbooks | Intermediate Accounting IFRS, 4th Edition, by Kieso, Weygandt and Warfield, Wiley, 2020, ISBN-13 978-1-118-44396-5 |
Suggested Readings/Materials | Şımga-Muğan, C., Hoşal-Akman, N. (2012), Principles of Financial Accounting, 5th Edition, McGraw-Hill, ISBN 9780077145934 |
EVALUATION SYSTEM
Semester Activities | Number | Weigthing |
Participation | ||
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments |
1
|
30
|
Presentation / Jury | ||
Project | ||
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
|
3
|
42
|
Field Work |
0
|
||
Quizzes / Studio Critiques |
0
|
||
Portfolio |
0
|
||
Homework / Assignments |
1
|
17
|
17
|
Presentation / Jury |
0
|
||
Project |
0
|
||
Seminar / Workshop |
0
|
||
Oral Exam |
0
|
||
Midterms |
1
|
25
|
25
|
Final Exam |
1
|
36
|
36
|
Total |
168
|
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. |
X | ||||
2 | To be able to present the findings and solutions to the business problems in written and oral formats. |
|||||
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. |
X | ||||
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. |
|||||
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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