- Course Code
- MUH431
- Semester
- Seventh Term (Fall)
- Theory+Practice
- 3 + 0
- ECTS
- 5
| Course Type | Compulsory Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | 4 |
|---|
| Semester | Seventh Term (Fall) |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Have the ability to use accounting practices and theory together.
- Learn the applications related to accounting in tax and other legal legislation.
- Apply what they have learnt in a controversial environment in team work.
- Learn the Turkish commercial code, code of obligations and other laws related to the accounting profession.
- Have the necessary knowledge in tax audit and financial audit.
- Learn the differences between tax accounting and accounting standards.
- Learn to organise tax returns.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course deals with the differences between accounting principles and tax legislation, the effects of tax laws on accounting, bookkeeping, valuation measures and accounting-tax practice differences in terms of commercial and corporate earnings. It covers the accounting of tax accrual, withholding, payment, deferral and value added tax transactions. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Relationship between tax and accounting (accounting profit - taxable profit) |
|
2nd Week |
Relationship between tax and accounting (accounting profit - taxable profit) |
|
3rd Week |
Tax as an expense or cost |
|
4th Week |
The differences between a party liable to tax and a tax payer |
|
5th Week |
Relationship between cash and cash equivalents, stocks and bonds and tax |
|
6th Week |
Relationship between receivables, provisions and tax |
|
7th Week |
Relationship between receivables, provisions and tax |
|
8th Week |
Midterm exams |
|
9th Week |
Inventories and Tax (impairments, losses, other inventories) |
|
10th Week |
Cost, depretiation and sale of fixed assets according to tax legislations. |
|
11th Week |
Renewal Fund, Subsidiaries and real estate tax excemptions |
|
12th Week |
Renewal Fund, Subsidiaries and real estate tax excemptions |
|
13th Week |
VAT return on exports |
|
14th Week |
Review |
|
| Recommended or Required Reading | Genel Muhasebe, Prof. Dr. Orhan Sevilengül
Beyanname Düzenleme Kılavuzu, Maliye Hesap Uzmanları Derneği
Denetim İlke ve Esasları (2 cilt), Maliye Hesap Uzmanları Derneği
|
|---|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Discussion
- Project
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
30 |
| Project |
1 |
20 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
3 |
3 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
30 |
30 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
5 |
5 |
| Homework |
|
|
|
| Project |
1 |
10 |
10 |
| Total Work Load | 152 |
| Total Work Load / 30 (h) | 5.06 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
Programme Qualifications / Learning Outcomes
|
LO1 |
LO2 |
LO3 |
LO4 |
LO5 |
LO6 |
LO7 |
| K1 |
|
|
|
|
|
|
|
| K2 |
|
|
|
|
|
|
|
| K3 |
|
|
|
|
|
|
|
| K4 |
|
|
|
|
|
|
|
| K5 |
|
|
|
|
|
|
|
| K6 |
|
|
|
|
|
|
|
| K7 |
X |
X |
X |
X |
X |
X |
X |
