FACULTY OF BUSINESS

Department of Business Administration

BA 348 | Course Introduction and Application Information

Course Name
Intermediate Accounting II
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
BA 348
Fall/Spring
3
0
3
5

Prerequisites
  BA 251 To succeed (To get a grade of at least DD)
Course Language
English
Course Type
Elective
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course -
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives This course is a continuation of Intermediate Accounting I. The course is designed to provide a deeper understanding and proper application of core IFRS/IAS by emphasizing the application of more complex accounting and reporting topics than those discussed in BA 341. By doing so, the course will develop a base for advanced accounting topics that mainly devoted to accounting for business groups.
Learning Outcomes The students who succeeded in this course;
  • Apply accounting and reporting procedures for current and non-current liabilities, provisions and contingent liabilities.
  • Understand and apply basic accounting procedures for subsidiaries and associates.
  • Analyze the nature of various revenue transactions in order to choose proper revenue recognition methods.
  • Distinguish book accounting from tax accounting.
  • Use accounting applications for employee benefits.
  • Explain the concepts and reporting requirements of lease transactions.
  • Use judgement in developing and applying an accounting policy.
  • Apply proper reporting procedures for errors and accounting policy changes.
Course Description As the second of two intermediate accounting courses, this course is designed to provide an in-depth analysis of current and non-current liabilities, provisions, contingencies, revenue recognition, accounting policy changes and erros analysis, and accounting for pensions, leasing and income taxes.

 



Course Category

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 Current Liabilities, Provisions and Contingencies Chapter 13
3 Current Liabilities, Provisions and Contingencies Chapter 13
4 Non-Current Liabilities Chapter 14
5 Investments - Basics of accounting for subsidiaries and associates Chapter 17 - handouts
6 Investments - Basics of accounting for subsidiaries and associates Chapter 17 - handouts
7 Revenue Chapter 18
8 Revenue Chapter 18
9 Accounting for Income Taxes Chapter 19
10 Accounting for Income Taxes Chapter 19
11 Accounting for Pensions Chapter 20
12 Accounting for Leases Chapter 21
13 Accounting Changes and Error Analysis Chapter 22
14 Presentation and Disclosure in Financial Reporting Chapter 24
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

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
5
Laboratory / Application
Field Work
Quizzes / Studio Critiques
1
10
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm
1
40
Final Exam
1
45
Total

Weighting of Semester Activities on the Final Grade
3
55
Weighting of End-of-Semester Activities on the Final Grade
1
45
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
1
15
15
Portfolio
0
Homework / Assignments
0
Presentation / Jury
0
Project
0
Seminar / Workshop
0
Oral Exam
0
Midterms
1
15
15
Final Exam
1
20
20
    Total
140

 

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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