| 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
|
|||||
| Course Language |
English
|
|||||
| Course Type |
Elective
|
|||||
| Course Level |
Second Cycle
|
|||||
| 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 Reporting and Financial Statements Analysis | |
| 2 | Introduction to Financial Reporting and its regulatory framework; The IASB conceptual framework | IASB Conceptual Framework |
| 3 | Presentation of Financial Statements; Functional and Reporting Currency | IAS 1 - Presentation of Financial Statements; IAS 21 - The effects of changes in foreign exchange rates |
| 4 | Accounting Policies, Estimates and Errors | IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors |
| 5 | Property, Plant and Equipment, and Impairment of Assets | IAS 16 - Property, Plant and Equipment; IAS 36 - Impairment of Assets |
| 6 | Inventories | IAS 2 – Inventories |
| 7 | Revenue from contracts with customers | IAS 18 – Revenue vs. IFRS 15 - Revenue from contracts with customers |
| 8 | Midterm I | |
| 9 | Provisions and events after the reporting period | IAS 37 - Contingent Liabilities and Assets; IAS 10 - Events after the reporting period |
| 10 | Statement of Cash-Flows | IAS 7 - Statement of Cash Flows |
| 11 | Financial Reporting of Leases and Lease Transactions | IAS17 vs. IFRS 16 - Leases |
| 12 | Earnings per share and Ratio Analysis | IAS 33 – Earnings per Share |
| 13 | Ratio Analysis | |
| 14 | Midterm II | |
| 15 | Review of the semester | |
| 16 | Review of the semester |
| Course Notes/Textbooks | IFRS - International Financial Reporting Standards (ifrs.org and kgk.gov.tr) |
| Suggested Readings/Materials | Wiley IFRS 2012: interpretation and application of international financial reporting standards / Bruce Mackenzie [at al.], ISBN 978-0-470-92399-3 |
| Semester Activities | Number | Weigthing |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Homework / Assignments | ||
| Presentation / Jury |
1
|
50
|
| Project | ||
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm |
2
|
50
|
| Final Exam | ||
| Total |
| Weighting of Semester Activities on the Final Grade | 3 |
100 |
| Weighting of End-of-Semester Activities on the Final Grade | ||
| 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 |
12
|
4
|
|
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Homework / Assignments | |||
| Presentation / Jury |
1
|
50
|
|
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms |
2
|
30
|
|
| Final Exam | |||
| Total |
206
|
|
#
|
Program Competencies/Outcomes |
* Contribution Level
|
||||
1 |
2 |
3 |
4 |
5 |
||
| 1 | To be able to demonstrate general business knowledge and skills. |
X | ||||
| 2 | To able to master the state-of-the-art literature in the area of specialization. |
X | ||||
| 3 | To be able to evaluate the performance of business organizations through a holistic approach. |
X | ||||
| 4 | To be able to effectively communicate scientific ideas and research results to diverse audiences. |
X | ||||
| 5 | To be able to deliver creative and innovative solutions to business-related problems. |
X | ||||
| 6 | To be able to solve business related problems using analytical and technological tools and techniques. |
X | ||||
| 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. |
|||||
| 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. |
X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
