General Information about the Course

Course Code:	ITB206
Course Title:	Financial Accounting and Reporting
Course Semester:	4. Semester / Spring
Course Credits:	Theoretical Practical Credit ECTS 3 0 3 5
Language of instruction:	EN
Prerequisite of the course:	No
Ders İş Deneyimini Gerektiriyor mu?:	No
Type of course:	Necessary
Level of course:	Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Course Lecturer(s):
Course Assistants:

Purpose and content of the course

Course Objectives:	The aim of this course is to provide students with an understanding of the conceptual framework of financial accounting, financial reporting standards, and the process of preparing financial statements. Students will gain the ability to record accounting transactions, prepare, analyze, and interpret financial statements.
Course Objective:	This course aims to develop students’ competence in preparing financial reports in accordance with international accounting standards and using financial information effectively in decision-making processes.
Mode of Delivery:	Face to face

Learning Outcomes

Knowledge (Described as Theoritical and/or Factual Knowledge.)

1) The student explains the basic concepts and principles of financial accounting and reporting standards.

Skills (Describe as Cognitive and/or Practical Skills.)

1) The student records financial transactions in the accounting system, prepares, and interprets financial statements.

Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)

1) The student takes responsibility in financial reporting processes and contributes effectively to teamwork.

2) The student follows changes in national and international reporting standards and develops lifelong learning competence.

3) The student communicates financial data to stakeholders clearly and professionally.

4) The student analyzes financial reports and uses them ethically in business decision-making.

Course Topics

Week	Subject
Related Preparation	Pekiştirme
1)	Introduction to Financial Accounting and Reporting
2)	Conceptual Framework of Financial Accounting
3)	Financial Reporting Standards (IFRS/TFRS)
4)	Accounting Cycle and Basic Concepts
5)	Recording Financial Transactions
6)	End-of-Period Adjustments
7)	Preparation of Financial Statements I
8)	Midterm Examination
9)	Preparation of Financial Statements II
10)	Cash Flow Statement and Statement of Changes in Equity
11)	Financial Statement Analysis and Ratios
12)	Basics of Consolidated Financial Statements
13)	Ethics and Transparency in Financial Reporting
14)	General Review and Current Developments
References: Alexander, D., Britton, A., & Jorissen, A. (2020). International Financial Reporting and Analysis (8th ed.). Cengage Learning. Elliott, B., & Elliott, J. (2019). Financial Accounting and Reporting (19th ed.). Pearson Education. Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2022). Financial Accounting: IFRS Edition (5th ed.). Wiley. Sevilengül, O. (2020). Finansal Muhasebe: Uygulama Esasları. Gazi Kitabevi. Gücenme Gençoğlu, Ü., & Dursun, A. (2019). Uluslararası Finansal Raporlama Standartları (UFRS) ve Türkiye Finansal Raporlama Standartları (TFRS). Nobel Yayıncılık.

Ders - Program Öğrenme Kazanım İlişkisi

No Effect	1 Lowest	2 Average	3 Highest

Ders Öğrenme Kazanımları	1	2	3	4	5	6
Program Outcomes
1) Understands the theoretical foundations of international trade along with basic knowledge related to import, export, foreign exchange, customs, and foreign trade operations.	3	3	2	2		3
2) Identifies the interaction between business culture, management, and marketing in globalizing capital, labor, and goods markets.	2	2	2	1	1	3
3) Follows fundamental global and national regulations related to the fields of international trade and business.	1	2		3		2
4) Analyzes international economic and trade developments and gains the ability to evaluate and interpret them.	3	3	2	3		3
5) Identifies problems encountered in business management, foreign trade, and financial processes, and develops solution proposals.	2	3	3	2	1	3
6) Effectively uses computer-assisted trade programs, management information systems, and data analysis tools.	1	2	1	1		2
7) Gains the ability to conduct research as well as to think analytically and critically.	2	2	2	3		2
8) Manages project processes and evaluates the outcomes of decisions with a strategic approach.	1	2	3	2	1	2
9) Develops strategies that contribute to the vision, goals, and objectives of the businesses or institutions in which they are involved.	2	2	3	2	2	3
10) Collects and analyzes information from various sources and takes initiative when necessary.	2	2	3	3	1	3
11) Maintains a continuous development-oriented, innovative, and critical perspective in their field.	1	2		3		2
12) Expresses ideas clearly and understandably, communicates effectively, and possesses strong persuasive skills.		1	2	1	3
13) Develops leadership qualities and adapts well to teamwork.	1	2	3	2	3	3
14) Has knowledge of at least one foreign language at the B2 level of the Common European Framework of Reference for Languages and uses it effectively in both verbal and written communication.					2
15) Plans and implements social projects that contribute to the community with a sense of social responsibility.		1	2	1	2	1
16) Acts in accordance with social, scientific, cultural, and ethical values in international trade and business practices.	1	1	2	1		3
17) Analyzes relationships with stakeholders; follows developments in their field and offers improvement suggestions for their institution or business.	1	2	3	2	2	3
18) Is aware of and sensitive to issues such as social rights, environmental protection, cultural heritage, and occupational health and safety.			1	1	2	1

Course Teaching, Learning Methods

Q & A
Case Problem Solving/ Drama- Role/ Case Management
Laboratory
Quantitative Problem Solving
Fieldwork
Group Study / Assignment
Individual Assignment
WEB-based Learning
Internship
Practice in Field
Project Preparation
Report Writing
Seminar
Supervision
Social Activity
Occupational Activity
Occupational Trip
Application (Modelling, Design, Model, Simulation, Experiment et.)
Reading
Thesis Preparation
Field Study
Student Club and Council Activities
Other
Logbook
Interview and Oral Conversation
Research
Watching a movie
Bibliography preparation
Oral, inscribed and visual knowledge production
Taking photographs
Sketching
Mapping and marking
Reading maps
Copying textures
Creating a library of materials
Presentation

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Attendance		% 0
Laboratory		% 0
Application		% 0
Practice Exam		% 0
Quizzes		% 0
Homework Assignments		% 0
Presentation		% 0
Project		% 0
Special Course Internship (Work Placement)		% 0
Field Study		% 0
Article Critical		% 0
Article Writing		% 0
Module Group Study		% 0
Brainstorming		% 0
Role Playing + Dramatizing		% 0
Out of Class Study		% 0
Preliminary Work, Reinforcement		% 0
Application Repetition etc.		% 0
Homework (reading, writing, watching movies, etc.)		% 0
Project Preparation + Presentation		% 0
Report Preparation + Presentation		% 0
Presentation / Seminar Preparation + Presenting		% 0
Oral examination		% 0
Midterms	1	% 40
Final	1	% 60
Practical Final		% 0
Report Submission		% 0
Bütünleme		% 0
Bütünleme Pratik		% 0
Kanaat Notu		% 0
Committee		% 0
Yazma Ödev Dosyası		% 0
Portfolio		% 0
Take-Home Exam		% 0
Logbook		% 0
Participation		% 0
Discussion		% 0
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
total		% 100

Calculation of Workload and ECTS Credits

Activities	Number of Activities	Workload
Course Hours	14	42
Laboratory
Application
Practice Exam
Special Course Internship (Work Placement)
Field Work
Study Hours Out of Class	14	28
Article Critical
Article Writing
Module Group Study
Brainstorming
Role Playing + Dramatizing
Out-of-Class Study (Pre-study, Reinforcement, Practice Review, etc.)	14	28
Homework (reading, writing, watching movies, etc.)	14	28
Project Preparation + Presentation
Report Preparation + Presentation
Presentation / Seminar Preparation + Presenting
Oral examination
Preparing for Midterm Exams	7	14
MIDTERM EXAM (Visa)	1	1
Preparing for the General Exam	7	14
GENERAL EXAM (Final)	1	1
Participation
Discussion
Portfolio
Take-Home Exam
Logbook
Total Workload		156
ECTS (30 saat = 1 AKTS )		5