| 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;
- Identify and analyze the structure of financial statements in insurance companies.
- Prepare and apply accounting records for insurance transactions.
- Analyze and interpret 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 introduction of the insurance accounting system, the explanation of financial statements, the recording of transactions, and the interpretation of financial statements. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
The importance of accounting as an information system |
|
2nd Week |
Basic accounting concepts |
|
3rd Week |
The scope of the insurance accounting system |
|
4th Week |
Financial statements of insurance companies: general features |
|
5th Week |
Financial statements of insurance companies: basic principles |
|
6th Week |
Financial statements of insurance companies: users' need for information |
|
7th Week |
Accounting for the distinctive characteristics of insurance businesses |
|
8th Week |
Midterm exam |
|
9th Week |
Structure and content of the insurance chart of accounts |
|
10th Week |
Accounting entries related to the production, cancellation, payment of claims, and technical reserves of non-life premiums |
|
11th Week |
Reinsurance accounting: production, cancellation, payment of claims, and recording of technical reserves for life premiums |
|
12th Week |
Analysis of key characteristics and principles of financial statements in insurance companies |
|
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
- Discussion
|
|---|
| 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 |
|---|
