| Course Name | Advanced Accounting |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| ACC 305 | Fall/Spring | 3 | 0 | 3 | 6 |
| Prerequisites |
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| Course Language | English | ||||||||
| Course Type | Elective | ||||||||
| Course Level | First Cycle | ||||||||
| Mode of Delivery | - | ||||||||
| Teaching Methods and Techniques of the Course | DiscussionProblem SolvingQ&ALecturing / Presentation | ||||||||
| Course Coordinator | |||||||||
| Course Lecturer(s) | |||||||||
| Assistant(s) | |||||||||
| Course Objectives | The main objective of this course is to provide students a comprehensive knowledge about specific accounting/financial reporting issues of corporations entering into merger and acquisiton transactions, operating in a group of companies, having multinational and/or multisectoral operations. The course also explores some other advanced accounting topics such as accounting for not-for-profit organizations including public sector reporting and accounting for government grants. |
| Learning Outcomes | The students who succeeded in this course;
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| Course Description | This course covers topics those have not been discussed in introductory and intermediate courses of the program. The topics covered are accounting for business combinations, consolidated financial statements, accounting for joint ventures and associates, disclosure of interests in other entities, segmental reporting, accounting for not-for-profit and public sector entities, accounting for foreign currency transactions, interim financial reporting, accounting for government grants and accounting for financial instruments. |
| Related Sustainable Development Goals | |
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| Core Courses | |
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | Introduction to Course | |
| 2 | Accounting for Business Combinations | Chapter 1 - IFRS 3 |
| 3 | Accounting for Business Combinations | Chapter 1 - IFRS 3 |
| 4 | Group Accounting - Consolidated Financial Statements | Chapter 2 - IFRS 10 |
| 5 | Group Accounting - Consolidated Financial Statements | Chapter 2 - IFRS 10 |
| 6 | Group Accounting Joint Arrangements (Accounting for joint ventures and associates) | Chapter 3 - IFRS 11 |
| 7 | Disclosure of Interests in Other Entities | Chapter 4 - IFRS 12 |
| 8 | Midterm Exam | |
| 9 | Reporting for Operating Segments | Chapter 5 - IFRS 8 |
| 10 | Accounting for Not-for-profit and Public Sector Entities | Chapter 6 |
| 11 | Accounting for Foreign Currency Translations | Chapter 7 - IAS 21 |
| 12 | Interim Financial Reporting - Group Presentation | Related part of course package - IAS 34 |
| 13 | Accounting for Government Grants - Group Presentation | Related part of course package - IAS 20 |
| 14 | Accounting for Financial Instruments - Group Presentation | Related part of course package - IFRS 9 and 7 |
| 15 | Review of the semester | |
| 16 | Final Exam |
| Course Notes/Textbooks | Advanced Financial Accounting 12th Edition by Theodore Christensen and David Cottrell and Cassy Budd ISBN10: 1259916979, ISBN13: 9781259916977 |
| Suggested Readings/Materials | www.iasplus.com |
| Semester Activities | Number | Weigthing |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project | 1 | 30 |
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 30 |
| Final Exam | 1 | 40 |
| Total |
| Weighting of Semester Activities on the Final Grade | 2 | 60 |
| Weighting of End-of-Semester Activities on the Final Grade | 1 | 40 |
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| 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 | 14 | 4 | 56 |
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | |||
| Presentation / Jury | |||
| Project | 1 | 10 | |
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 22 | |
| Final Exams | 1 | 32 | |
| Total | 168 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | To be able to solve problems with an analytical and holistic viewpoint in the field of business administration. | |||||
| 2 | To be able to present the findings and solutions to the business problems in written and oral formats. | X | ||||
| 3 | To be able to interpret the application of business and economic concepts, and philosophies at the national and international levels. | X | ||||
| 4 | To be able to use innovative and creative approach for real-life business situations. | |||||
| 5 | To be able to demonstrate leadership skills in different business situations. | |||||
| 6 | To be able to interpret the reflections of new technologies and softwares to business dynamics. | |||||
| 7 | To be able to integrate knowledge gained in the five areas of business administration (marketing, production, management, accounting, and finance) through a strategic perspective. | |||||
| 8 | To be able to act in accordance with the scientific and ethical values in studies related to business administration. | |||||
| 9 | To be able to work efficiently and effectively as a team member. | |||||
| 10 | To be able to have an ethical perspective and social responsiveness when making and evaluating business decisions. | X | ||||
| 11 | To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1). | |||||
| 12 | To be able to speak a second foreign at a medium level of fluency efficiently. | |||||
| 13 | To be able to relate the knowledge accumulated throughout the human history to their field of expertise. | |||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
