| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Understand the importance of accounting as an information system and explain fundamental accounting concepts.
- Distinguish the unique characteristics that differentiate insurance enterprises from other businesses.
- Grasp the structure and content of the insurance chart of accounts.
- Record the accounting of premium income, cancellations, claims payments, and technical reserves in non-life branches.
- Carry out the accounting of premium income, cancellations, claims payments, and technical reserves in the life branch.
- Record the accounting of premium income, cancellations, claims payments, and technical reserves in reinsurance transactions within non-life branches.
- Perform the accounting of premium income, cancellations, claims payments, and technical reserves in reinsurance transactions within the life branch.
- Describe the general characteristics and fundamental principles of insurance financial statements and analyze them.
- Evaluate users' information needs by examining the financial statements of insurance companies.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course covers the accounting system for insurance operations, including the accounting for insurance premium income and claim payments, reinsurance transactions, and the allocation of technical reserves. The course also explores the financial statements of insurance companies and how these are regulated. The course delves into the general characteristics of insurance accounting systems, the informational needs of users, and the analysis of financial statements. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
The importance of accounting as an information system and basic accounting concepts |
|
2nd Week |
Insurance accounting system and its scope |
|
3rd Week |
Insurance accounting system and its scope |
|
4th Week |
Financial statements of insurance companies: general characteristics, basic principles, information needs of users |
|
5th Week |
Financial statements of insurance companies: general characteristics, basic principles, information needs of users |
|
6th Week |
Distinguishing features of insurance companies from an accounting perspective |
|
7th Week |
Structure and content of the insurance chart of accounts |
|
8th Week |
Midterm exam |
|
9th Week |
Premium production and cancellations in non-life branches, claims payments, and accounting for technical reserves |
|
10th Week |
Premium production and cancellations in life insurance, claims payments, and accounting for technical reserves |
|
11th Week |
Accounting for reinsurance transactions |
|
12th Week |
Analysis of insurance financial statements |
|
13th Week |
Analysis of insurance financial statements |
|
14th Week |
General review |
|
| Recommended or Required Reading | Marşap, B. (2011). Sigorta muhasebesi ders notları.
|
|---|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Questions/Answers
- Problem Solving
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Total(%) |
|
40 |
| Contribution of In-term Studies to Overall Grade(%) |
|
40 |
| Contribution of Final Examination to Overall Grade(%) |
|
60 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
40 |
40 |
| Course hours |
13 |
3 |
39 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1 |
1 |
| Homework |
|
|
|
| Total Work Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
