Iğdır University Lifelong Learning Programme

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type of Course Unit	Year of Study	Semester	Number of ECTS Credits
İŞL-23-138		Elective	1	1	6

Level of Course Unit

Second Cycle

Objectives of the Course

The aim of the course is to explain the importance of the International Accounting and Financial Reporting Standards (IAS/IFRS) and the process of its creation, to teach the reflections of the standards on accounting practices and the innovations brought to the reporting understanding.

Name of Lecturer(s)

Dr. Öğr. Üyesi Dursun KELEŞ

Learning Outcomes

1	The importance of International Accounting and Financial Reporting Standards, the process of formation and the reasons why they are needed are learned.
2	The standards in the International Accounting Standards are learned.
3	The standards in the International Financial Reporting Standards are learned.
4	The differences between International Accounting and Financial Reporting Standards and current accounting practices in Turkey are comprehended.

Mode of Delivery

Daytime Class

Prerequisites and co-requisities

None

Recommended Optional Programme Components

None

Course Contents

Definition, importance and types of International Financial Reporting Standards (IFRS) in general

Weekly Detailed Course Contents

Week	Theoretical	Practice	Laboratory
1	Definition, Importance and Formation Process of International Accounting and Financial Reporting Standards (IAS/IFRS)
2	International Accounting and Financial Reporting Standards Conceptual Framework
3	IAS 1: Financial Statement Presentation Standard, IFRS 1: First-Time Application of International Accounting Standards
4	IAS 2: Stocks Standard
5	IAS 16: Tangible Assets Standard and TAS 38: Intangible Assets Standard
6	IAS 40: Investment Property Standard
7	IAS 41: Agricultural Activities Standard
8	IAS 19: Employee Benefits Standard
9	IAS 20: Standard for Accounting for Government Grants and Disclosure of Government Aid
10	IFRS 3: Business Combinations Standard
11	IFRS 5: Non-current Assets Held for Sale and Discontinued Operations Standard
12	IFRS 6: Standard for Exploration and Evaluation of Mineral Resources
13	IAS 12: Income Taxes Standard
14	General evaluation

Recommended or Required Reading

1) Turkish Accounting and Financial Reporting Standards, Practice and Interpretations, Prof. Dr. Remzi ÖRTEN, Prof. Dr. Hasan KAVAL, Prof. Dr. Aydın KARAPINAR, Gazi Bookstore: Ankara. 2) Turkey Financial Reporting Standards Practices, Prof. Dr. Gürbüz GÖKÇEN, Prof. Dr. Basak ATAMAN, Prof. Dr. Cemal ÇAKICI, Beta Publications: Ankara.

Planned Learning Activities and Teaching Methods

Assessment Methods and Criteria

Term (or Year) Learning Activities	Quantity	Weight
Midterm Examination	1	100
SUM		100
End Of Term (or Year) Learning Activities	Quantity	Weight
Final Examination	1	100
SUM		100
Term (or Year) Learning Activities		40
End Of Term (or Year) Learning Activities		60
SUM		100

Language of Instruction

Turkish

Work Placement(s)

None

Workload Calculation

Activities	Number	Time (hours)	Total Work Load (hours)
Midterm Examination	1	10	10
Final Examination	1	20	20
Self Study	2	30	60
Homework	2	50	100
TOTAL WORKLOAD (hours)			190

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	PO 11	PO 12	PO 13
LO1	3	3	3	3	3	3	3	4	4	4	4	4	4
LO2	3	3	4	3	4	3		3	4			3
LO3			3	4	3				4			4
LO4		4			3			3	3	3	3

* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High