Information Package
baskent.edu.tr

Master's of Accounting and Finance without Thesis

MANZ578

INTERNATIONAL ACCOUNTING STANDARDS

Course Code
MANZ578
Semester
First Term (Fall)
Theory+Practice
3 + 0
ECTS
10
Course TypeCompulsory Course
Course LevelMaster's Degree Without Thesis
Year of Study1
SemesterFirst Term (Fall)
ECTS10
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Explain conceptual framework for Turkish accounting system and International accounting system.
  2. Explain the changes brought by International Accounting Standards about the preparation and presentation of financial reports.
  3. Discuss the financial statements that are prepared in accordance with IFRS.
  4. Discuss the standards such as; IAS1, IAS7, IAS2, IAS8, IAS10, IAS16, IAS 38, IAS40, IAS36, IAS23, IAS18, IAS37 and IAS 17.
  5. Discuss academic studies related to International Accounting Standards.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionAccounting standards whose objective is to create the same financial reporting language and that are published by International Accounting Standards Board and were adopted in Turkey consist of the content of this course.
Course Contents
WEEK TOPICS
1st Week Turkish Accounting Environment
2nd Week Conceptual Framework I
3rd Week Conceptual Framework II
4th Week IAS 1 Presentation of Financial Statements I
5th Week IAS 1 Presentation of Financial Statements II
6th Week IAS 7 Statement of Cash Flows
7th Week IAS 2 Inventories
8th Week MIDTERM
9th Week IAS 8 & IAS 10
10th Week IAS 16 Property Plant & Equipment - IAS 38 Intangible Assets
11th Week IAS 36 Impairment of Assets & IAS 23 Borrowing Costs
12th Week IAS 18 Revenue
13th Week IAS 37 Contingent Liabilities & Assets
14th Week IAS 17 Leasing
15th Week General Review
Recommended or Required ReadingTekdüzen Muhasebe Sistemi Uygulaması, Nalan Akdoğan - Orhan Sevilengül, Gazi Kitabevi 2007
Akdoğan N., Tenker N., Finansal Tablolar ve Mali Analiz Teknikleri, Gazi Kitabevi, 11. Baskı, 2007
Uluslararası Finansal Raporlama Standartları, Türkiye Muhasebe Standartları Kurulu, 2011
Akdoğan N. Ve diğerleri, Türkiye Muhasebe Standartları ile Uyumlu Sektörel Muhasebe, Gazi Kitabevi, 1. Baskı, 2010
Planned Learning Activities and Teaching Methods
  • Case Study
  • 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 1 4 4
Individual or group work 14 8 112
Preparation for Final exam 1 13 13
Course hours 14 3 42
Preparation for Midterm exam 1 10 10
Laboratory (including preparation)
Final exam 1 1 1
Homework 4 30 120
Quiz 1 1 1
Total Work Load304
Total Work Load / 30 (h)10.13
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No

Programme Qualifications / Learning Outcomes

LO1 LO2 LO3 LO4 LO5
K1 X
K2 X
K3 X
K4 X
K5 X X
K6 X X
K7 X X X
K8 X X X
K9 X X X
K10 X X X
K11 X X X X
K12 X X
K13 X