BA5417 INTERMEDIATE ACCOUNTING
| Course Code: | 3125417 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 8.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Lecturer ÖZLEM ARIKAN |
| Offered Semester: | Fall Semesters. |
Course Objectives
All companies listed in the Istanbul Stock Exchange prepares their financial statements according to the International Financial Reporting Standards (IFRS). This course, under the scope of intermediate accounting, covers application of IFRS. During the classes, current practice in Turkey regarding the application of accounting standards and issues specific to Turkish environment will be presented as well.
During the course students would be able to review their current accounting knowledge and expand that knowledge to cover some more complex issues in accounting such as, revenue recognition, income taxes, leasing accounting, accounting changes& error corrections, contingencies and provisions.
Course Content
This course covers international accounting standards within the scope of intermediate accounting topics. Topics covered include financing and operating activities of companies, application pf generally accepted accounting principles to those activities, and evaluation of financial statements.
Course Learning Outcomes
Upon successful completion of this course, students should be able to:
Course Specific Skills:
1.Understand current accounting environment (both in Turkey and Internationally)
2.Develop understanding towards the key figures in the financial statements and notes of publicly disclosed financial reports of listed companies related to covered topics
3.Identify reporting requirements of corporations regarding their financing, investing and operating activities
Discipline Specific Skills:
4.Communicate accounting knowledge and terminology more accurately and precisely
5.Develop interest to universal accounting developments and its impacts on investment decisions
6.Recognize the significance of financial reporting in management decision making
Personal and Key Skills:
7. Develop analytical skills to understand more complex accounting topics
8. Improve communication, writing and concentration.
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | They attain advanced level of knowledge in the functional areas of business administration such as strategic management, marketing, accounting, finance, organization management, human resources, and operations management. | ✔ | |||
| 2 | They are capable of synthesizing the knowledge that they attained in the area of business administration with the knowledge base that they developed in their undergraduate specialisms. | ✔ | |||
| 3 | They are capable of identifying and analyzing legal, environmental and social factors, which influence the basic functional areas of the business administration. | ✔ | |||
| 4 | They understand and implement rational, systematic and scientific approaches effectively in problem solving and decision-making processes. | ✔ | |||
| 5 | They are capable of applying, analyzing, synthesizing and evaluating the knowledge they developed in diverse fields efficiently. | ✔ | |||
| 6 | They are capable of transferring information by using efficient verbal and written communication techniques. | ✔ | |||
| 7 | They are capable of performing professional communication effectively also in English. | ✔ | |||
| 8 | They know methods of performing efficient teamwork. | ✔ | |||
| 9 | They are capable of understanding and synthesizing academic and scientific research in their areas and able to transform such research into useful knowledge. | ✔ | |||
| 10 | They have competence in all of the stages of scientific research and processes. | ✔ | |||
| 11 | They are knowledgeable in the areas of professional ethics and responsibility. | ✔ | |||
| 12 | They are capable of utilizing their knowledge and skills efficiently in global and multicultural contexts. | ✔ | |||
| 13 | They are knowledgeable in the issues of environment, social responsibility, social justice, quality and cultural values. | ✔ | |||
| 14 | They have a creative, innovative and critical perspective. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution