COURSE INFORMATION Course Title: INTERNATIONAL ACCOUNTING AND IFRS

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BUS 527	C	1	3	0	0	3	8

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Mustafa Üç , Monday 10:00-12:00
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Elective
Classroom and Meeting Time:
Course Description:	This course is designed to build advanced knowledge of accounting in the frames of internationalization and use common global accounting standards set.
Course Objectives:	This course gains to students to understand international perspectives on accounting in a globalized world. To explain the demand of harmonization of global financial reporting standards. To discuss some significant IFRSs and compare between US-GAAP.

COURSE OUTLINE

Week	Topics
1	Introduction to International Accounting and IFRS
2	Why do accounting systems differs from country to country?
3	Classification of accounting systems (Anglo-Saxon and Continental European Accounting Worlds)
4	Harmanization of Financial Reporting Standards and rise of IFRS
5	Conceptual Framework
6	Presentation Financial Statements
7	Accounting policies, changes in accounting estimates, and errors
8	Mid-term Exam
9	Revenue Recognition
10	Inventories
11	Fair Value
12	Property Plant and Equipment
13	Consolidated and Separate Financial Statements
14	Income Tax

Prerequisite(s):
Textbook:	Evans, T. Accounting Theory : Contemporary Accounting Issues, 2003, Thomson South-Western, USA. Walton, P., A. Haller, and B. Raffournier, 2003, International Accounting, Thomson Scientific, Second Edition, UK. Wiley. (2015). Wiley Interpretation and Application of International Financial Reporting Standards. New Jersey: John & Sons Inc.
Other References:
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	To provide theoretical and institutional aspects of accounting.
2	To identify main elements of IFRS standards
3	To provide the students a sound theoretical background for comprehension of standard setting issue of accounting, and global accounting issues.
4	To present research perspectives in accounting

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Professional Master in Banking and Finance Program
1	The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way.	4
2	They have knowledge about the finance and banking.	5
3	They have knowledge about the money and banking.	5
4	They have knowledge about the international finance and banking.	4
5	They have ability to use mathematical and statistical methods in banking and finance.	4
6	They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.	4
7	They have necessary banking and finance skills that needed in private and public sector.	4
8	They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking.	4
9	They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance.	4
10	They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics.	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	30
Project	1	30
Final Exam	1	40
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	3	48
Mid-terms	1	10	10
Assignments	2	25	50
Final examination	1	31	31
Other	1	13	13
Total Work Load:			200
Total Work Load/25(h):			8
ECTS Credit of the Course:			8