INSURANCE ACCOUNTING

MVE165

Course Code: MVE165
Semester: -
Theory+Practice: 3 + 0
ECTS: 4

Course Type

Elective Course

Course Level

Associate Degree

Year of Study

Semester

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

Differentiate insurance and its concepts, speciality subjects about insurance companies from other businesses.
To be able to know general characteristics and basic principles of the financial statements of insurance companies and analyze them
Comprehend the structure and content of the insurance chart of accounts.
To be able to carry out transactions of non-life premiums (premium production) and cancellations; make transactions of life premiums (premium production) and cancellations
Make transactions of coinsurance and reinsurance, damage and indemnity payment.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

MVU 101 Accounting I, MVU 102 Accounting II

Course Description

Course Contents

WEEK	TOPICS
1^st Week	Information about the content, processing and assessment of the course
2^nd Week	Preparation of insurance accounting system and scope
3^rd Week	Insurance accounting system and scope Insurance and concepts
4^th Week	Insurance and concepts
5^th Week	Insurance Accounting
6^th Week	Accounting of transactions about non-life premiums (premium production) and cancellations
7^th Week	Accounting of transactions about non-life premiums (premium production) and cancellations
8^th Week	Overview
9^th Week	Midterm exam
10^th Week	Accounting of transactions about life premiums (premium production) and cancellations
11^th Week	Accounting of coinsurance and reinsurance transactions
12^th Week	Accounting of damages and indemnity payment transactions
13^th Week	Insurance technical provisions
14^th Week	Insurance agencies and accounting
15^th Week	Overview

Recommended or Required Reading

- AKDOĞAN, N. ve diğerleri. Eylül 2011. Sektörel muhasebe, Gazi Kitapevi, Ankara.
- BENLİGİRAY, Y. 2009. Uzmanlık muhasebeleri, Gazi Kitapevi, Gözden Geçirilmiş ve Genişletilmiş 2. Baskı, Ankara.
- ÇETİN, M. Eylül 2013. Sigorta muhasebesi, Paradigma Akademi Yayınları, Ankara.
- TEKŞEN, Ö., ATAY, S. 2007. Sigorta işlemleri muhasebesi, Asil Yayın Dağıtım, 1. Baskı, Ankara (İlk 40 sayfası).
- Hazine Müsteşarlığı Sigortacılık Genel Müdürlüğü web Sitesi
- Türkiye Sigorta ve Reasürans Şirketleri Birliği web sitesi
- 5684 sayılı Sigortacılık Kanunu
- Sigortacılık Muhasebe Sistemi Yönetmeliği
- Sigortacılık Muhasebe Sistemi Tebliğ 1 (Hesap Planı ve İzahnamesi Hakkında)
- Sigortacılık Muhasebe Sistemi Tebliğ 2 (Finansal Raporlama Standartları Hakkında)

Planned Learning Activities and Teaching Methods

Lecture
Discussion
Questions-Answers
Problem Solving

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	30
Quiz	2	20
Total(%)		50
Contribution of In-term Studies to Overall Grade(%)		50
Contribution of Final Examination to Overall Grade(%)		50
Total(%)		100

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4	LO5
K1
K2
K3
K4
K5
K6
K7
K8
K9
K10