Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
1302007772016INTERNATIONAL FINANCIAL REPORTING AND ACCOUNTINGElective475
Level of Course Unit
First Cycle
Objectives of the Course
The primary objective of this course is to familiarize students about basic financial reporting concepts under International Financial Reporting Standards (IFRS) with appropriate practice examples. Students should be able to understand the concept of IFRS and transition from Tax Procedure Law (TPL) to IFRS.
Name of Lecturer(s)
Learning Outcomes
1To be able to analyze the financial reporting process,
2To be able to understand the aims of financial reporting standards,
3To be able to analyze financial statements.
Mode of Delivery
Face to Face
Prerequisites and co-requisities
NONE
Recommended Optional Programme Components
NONE
Course Contents
Extend and Aim of IFRS, Reflections of IFRS in Turkey, Relations of IFRS with Tax Law and Accounting Standards, General Framework about Preparation and Submission of Financial Statements , Analyzing IFRS with the Concept of International Accounting Standards (IAS), Practice examples.
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
11. Week Developments in International Accounting Standards,
22. Week Conceptual Framework,
33. Week Presentation of Financial Statements Standard,
44. Week Inventory Standard,
55. Week Statement of Cash Flows Standard,
66. Week Accounting Policies, Chances in Accounting Estimates and Errors Standard,
77. Week Revenue and Income Tax Standard,
8Midterm
9Borrowing Costs and Construction Contracts Standard,
10Impairment of Assets Standard and Provisions, Contingent Liabilities and Contingent Assets,
11Property, Plant and Equipment Standard,
12Intangible Assets Standard,
13Financial Instruments: Recognition and Measurement Standard,
14Financial Instruments: Recognition and Measurement Standard,
15Investment Property Standard and Agriculture Standard,
16Final Exam.
Recommended or Required Reading
Remzi Örten, Hasan Kaval ve Aydın Karapınar, Türkiye Muhasebe ve Raporlama Standartları Uygulama ve Yorumları, Ankara: Gazi Kitabevi, 2009
Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
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
Practice16348
Individual Study for Mid term Examination10220
Individual Study for Final Examination15230
TOTAL WORKLOAD (hours)150
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
LO15555443345
LO25555443345
LO35555443345
* 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