| Course Name |
International Financial Reporting and Analysis
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
BA 573
|
Fall/Spring
|
3
|
0
|
3
|
7.5
|
| Prerequisites |
None
|
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| Course Language |
English
|
|||||
| Course Type |
Elective
|
|||||
| Course Level |
Second Cycle
|
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| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | ||||||
| Course Objectives | The objective of this course is to improve the students’ knowledge of the varying accounting and financial reporting practices. Moreover, the objective of this course is to focus on dynamic business environment, business decisions, strategies and performance. To be able to analyze basic financial statements by using different tools and techniques this course will focus on the key aspects of financial reporting. |
| Course Description |
The students who succeeded in this course;
|
| Course Content | This course presents the role of Conceptual Framework and key International Financial Reporting Standards in financial analysis and business decisions. |
|
|
Core Courses | |
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Management Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Related Preparation |
| 1 | Overview of Financial Statement Analysis | K. R. Subramanyam (2014), Financial Statement Analysis, 11th Edition, McGraw-Hill, chapter 1, pp. 2-14. |
| 2 | Introduction to Financial Reporting - The regulatory framework; - The IASB conceptual framework | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapters 1 and 2. |
| 3 | Presentation of financial statements; Functional and Reporting Currency | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 3; IAS 1 - Presentation of Financial Statements; IAS 21 – The effects of changes in foreign exchange rates. |
| 4 | Accounting policies, accounting estimates and errors (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 4; IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors. |
| 5 | Property, plant and equipment, and Impairment of assets (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapters 5 and 7; IAS 16 - Property, Plant and Equipment; IAS 36 - Impairment of Assets. |
| 6 | Leases (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 9; IAS 17 and IFRS 16 – Leases. |
| 7 | Inventories (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 10; IAS 2 – Inventories. |
| 8 | Revenue from contracts with customers (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 13; IAS 18 – Revenue vs. IFRS 15 - Revenue from contracts with customers. |
| 9 | Provisions and events after the reporting period (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 12; IAS 37 - Contingent Liabilities and Assets; IAS 10 - Events after the reporting period. |
| 10 | Statement of Cash Flows (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 16; IAS 7 - Statement of Cash Flows. |
| 11 | Earnings per share (Students’ presentation) | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 16; IAS 33 – Earnings per Share. |
| 12 | Ratio Analysis | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 22. |
| 13 | Ratio Analysis | Melville, A. (2017), International Financial Reporting: A Practical Guide, 6th Edition, Pearson, chapter 22. |
| 14 | Review of the semester | |
| 15 | Review of the semester | |
| 16 | Final Exam |
| Course Notes/Textbooks | Financial Statement Analysis, 10th Edition, by K. R. Subramanyam, John Wild. |
| Suggested Readings/Materials | Wiley IFRS 2009: Interpretation and Application of International Accounting and Financial Reporting Standards, by Barry J. Epstein and Eva K. Jermakowicz. International Financial Reporting : A practical guide, by Alan Melville (2.edition), Prentice Hall www.imkb.gov.tr |
| Semester Activities | Number | Weigthing |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Homework / Assignments | ||
| Presentation / Jury |
1
|
50
|
| Project | ||
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm | ||
| Final Exam |
1
|
50
|
| Total |
| Weighting of Semester Activities on the Final Grade | 1 |
50 |
| Weighting of End-of-Semester Activities on the Final Grade | 1 |
50 |
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
| Laboratory / Application Hours (Including exam week: 16 x total hours) |
16
|
||
| Study Hours Out of Class |
15
|
6
|
|
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Homework / Assignments | |||
| Presentation / Jury |
1
|
36
|
|
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | |||
| Final Exam |
1
|
32
|
|
| Total |
206
|
|
#
|
Program Competencies/Outcomes |
* Contribution Level
|
||||
1 |
2 |
3 |
4 |
5 |
||
| 1 | To be able to demonstrate general business knowledge and skills. |
|||||
| 2 | To able to master the state-of-the-art literature in the area of specialization. |
|||||
| 3 | To be able to evaluate the performance of business organizations through a holistic approach. |
|||||
| 4 | To be able to effectively communicate scientific ideas and research results to diverse audiences. |
|||||
| 5 | To be able to deliver creative and innovative solutions to business-related problems. |
|||||
| 6 | To be able to solve business related problems using analytical and technological tools and techniques. |
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| 7 | To be able to take a critical perspective in evaluating business knowledge. |
|||||
| 8 |
To be able to exhibit an ethical and socially responsible behavior in conducting research and making business decisions. |
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| 9 | To be able to carry out a well-designed independent and empirical research. |
|||||
| 10 | To be able to use a foreign language to follow information about the field of finance and participate in discussions in academic environments. |
|||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
