Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
1302007792014FOREIGN TRADE OPERATIONS AND ACCOUNTINGElective355
Level of Course Unit
First Cycle
Objectives of the Course
The purpose of this course is to explain the import and export business foreign trade transactions and the accounting processes as well as, to improve the knowledge and skills of records related to relevant ledger accounts and related reports.
Name of Lecturer(s)
Learning Outcomes
1To Learn Foreign Trade Accounts Used In Foreign Trade Operations.
2To Learn About The Accounting Treatment Of Foreign Exchange And Related Financial Instruments
3To Be Able To prepare financial reports about Foreign Trade Transactions
Mode of Delivery
Face to Face
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
Includes the definition and basic concepts of accounting, balance sheet, income statement, foreign trade, accounting for foreign currency transactions, the accounting for foreign currency transactions. Also it includes forward transactions and taxation, swap transactions and taxation.
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Importance of Foreign Trade Accounting
2Foreign Trade Regime, Customs Act and the Foreign Exchange Regulations
3Delivery of Foreign Trade (Sales) Forms, Payment Methods, Documents
4Accounts in Foreign Trade
5Foreign Currency and Foreign Currency Concepts
6Accounting for Foreign Currency Transactions in Cash
7Accounting for Foreign Currency Transactions in Accounts Receivable
8Midterm
9Recognition of Overseas Production and Inventory Accounts
10Accounting for Value Added Tax on Foreign Transactions
11Accounting for Foreign Currency Long-Term Assets
12Dealers in Foreign Exchange Operations and Accounts Payables
13Financial Instruments: Recognition and Measurement (Forward, Swap)
14Cost Accounts in Foreign Transactions and Income Statement.
15Foreign Transactions in the Balance Sheet Arrangement
16Final
Recommended or Required Reading
• Yaser Gürsoy, Dış Ticaret İşlemleri Muhasebesi, Ekim Basın Yayın, Bursa, 2012 • Ferudun Kaya, Dış Ticaret İşlemleri Muhasebesi, Beta Basım Yayım, 2011
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
SUM0
End Of Term (or Year) Learning ActivitiesQuantityWeight
SUM0
SUM0
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination122
Final Examination122
Attending Lectures16348
Practice10330
Individual Study for Mid term Examination4520
Individual Study for Final Examination5840
Homework2510
TOTAL WORKLOAD (hours)152
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
LO14544555454
LO25555545545
LO35555555555
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Ege University, Bornova - İzmir / TURKEY • Phone: +90 232 311 10 10 • e-mail: intrec@mail.ege.edu.tr