COURSE INFORMATION
Course Title: ACCOUNTING THEORY
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BUS 801 B 1 3 0 0 3 10
Lecturer and Office Hours: Mustafa Üç
Second Lecturer(s): NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Elective
Classroom and Meeting Time:
Course Description: This course is designed to introduce students to the concepts and uses of accounting in a business enviroment and its role in the economic decision-making process. Primary areas of study include analysis and recording of business transactions and preparation of financial statements.
Course Objectives: This course gains to students the most advanced and specialized skills and techniques including synthesis and evaluation, needed to solve contemporary problems. At the end students will have potential accounting theory knowledge which provides necessary ground to do research in accounting in high quality.
COURSE OUTLINE
Week Topics
1 Introduction to Accounting Theory
2 Accounting: Information for Decision Making : Financial Statements
3 Accounting History
4 Functions of Measurement and Valuation
5 Functions of Measurement and Valuation
6 Evaluation and Evolution of Financial Statements
7 Regulation in Accounting Field: Standard Setting Issues
8 Regulation in Accounting Field: Standard Setting Issues
9 Positive Accounting Theory
10 Accounting systems and International Accounting
11 Comparison of IFRS and US-GAAP Conceptual Frameworks
12 Research Perspectives in Accounting
13 Students Presentations and Discussions
14 Students Presentations and Discussions
Prerequisite(s):
Textbook: Scott, W. Financial Accounting Theory, 2003, Prentice Hall, Third Edition, USA, Evans, T. Accounting Theory : Contemporary Accounting Issues, 2003, Thomson South-Western, USA. Wolk, Tearney,and Dodd, 2000, A Conceptual And Institutional Approach Accounting Theory, Thomson Learning, USA. Zeff, Keller. 1985, Financial Accounting Theory Issues and Controversies, Mc-Graw Hill,USA. Walton, P., A. Haller, and B. Raffournier, 2003, International Accounting, Thomson Scientific, Second Edition, UK.
Other References: Academic Journals in Accounting Theory: Accounting Organization and Society (SSCI) and Critical Perpectives on Accounting (SSCI).
Laboratory Work:
Computer Usage: No
Others: No
COURSE LEARNING OUTCOMES
1 To provide theoretical and institutional aspects of accounting.
2 To identify main elements of accounting theory and to establish the linkages to significant problem areas of accounting.
3 To provide the students a sound theoretical background for comprehension ofstandard 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.
PhD ECO BAF 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 but also to construct a model and defend in meaningful way.
2 To comprehend the interaction between economics and related fields; to achieve original results by using expert knowledge in analysis, synthesis and evaluation of new and complex ideas.
3 To be able to obtain new knowledge in economics systematically and to acquire high level skills in research methods in economics.
4 To be able to develop new methods that make a contribution to science or to be able to apply existing techniques to an original research idea.
5 They have ability to use mathematical and statistical methods in international economics.
6 They know how to use computer programs in both daily office usage and statistical data evaluations in economics department.
7 They have necessary economics skills that needed in private and public sector.
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.
9 They have ability to utilize fundamental economic theories and tools to solve economic problems in international level.
10 They are aware of the fact that international economics is a social science and they respect the social perspectives and social values of the society’s ethics.
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
20
Project
2
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 40 40
Other 6 9 54
Total Work Load:
250
Total Work Load/25(h):
10
ECTS Credit of the Course:
10