ADVANCED ACCOUNTING
- Course
- ACFN501 - ADVANCED ACCOUNTING
- Department
- Accounting and Finance - English - Master
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 6
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- -
- Prerequisite
- -
Course Description
This course provides students with the tools necessary to succeed in the modern world of accounting. The emphasis throughout the course is on financial accounting concepts and on the application of those concepts to problems arising in both business and nonbusiness organizations. On successful completion of this course, all students will have developed knowledge and understanding of: Introduction to Business Combinations and the Conceptual Framework, Accounting for Business Combinations, Consolidated Financial Statements, Allocation and Depreciation of Differences Between Implied and Book Values, Elimination of Unrealized Profit on Inter-company Sales of Inventory, Elimination of Unrealized Gains or Losses on Inter-company Sales of Property and Equipment, Changes in Ownership Interest and Inter-company Bond Holdings and Miscellaneous Topics-Consolidated Financial Statements and Insolvency-Liquidation and Reorganization.
ADVANCED ACCOUNTING
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
No course outcomes have been defined yet.
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Introduction |
| Week 2 | Financial Statements |
| Week 3 | Consolidated Financial Statements |
| Week 4 | The Equity Method of Accounting for Investments |
| Week 5 | The Equity Method of Accounting for Investments |
| Week 6 | Consolidation of Financial Information |
| Week 7 | Consolidation of Financial Information |
| Week 8 | Revision |
| Week 9 | Mid Term |
| Week 10 | Mid Term |
| Week 11 | Consolidations—Subsequent to the Date of Acquisition |
| Week 12 | Consolidations—Subsequent to the Date of Acquisition |
| Week 13 | Consolidated Financial Statements and Outside Ownership |
| Week 14 | Consolidated Financial Statements and Outside Ownership |
| Week 15 | Revision |
Reference Books & Course Materials
- 01 Advanced Accounting 14th Edition By Joe Ben Hoyle and Thomas Schaefer and Timothy Doupnik
Learning Outcomes
No learning outcomes have been defined.
Program Outcomes
- P01 1. To be able to examine the basic problems in the field of Accounting and Finance with scientific methods, to interpret and evaluate the data.
- P02 2. Muhasebe ve Finans alanındaki problemlere ilişkin uygulamada karşılaşılan karmaşık sorunları çözmek için bireysel ve grup üyesi olarak sorumluluk alabilmek ve çözüm üretebilmek.
- P03 3. To be able to critically evaluate the knowledge and skills acquired in the fields of Accounting and Finance, to determine learning needs and to carry the learning process to an advanced level.
- P04 4. To inform experts or non-experts on financial issues, to share their ideas and problems and solution methods by supporting them with quantitative and qualitative data.
- P05 5. To be able to interpret and evaluate the discussions on the theoretical aspects of Accounting and Finance.
- P06 6. To be able to identify regional and global problems that directly or indirectly affect financial issues, to develop solutions and strategies based on evidence and research.
- P07 7. To be able to define, evaluate and interpret the classical and current theories of accounting and finance policies and strategies, differences and relationships between them.
- P08 8. To have social, scientific and ethical values in the collection, interpretation, announcement and application of data in the field of accounting and finance and to assimilate these values.
- P09 9. To be able to follow, understand, interpret and analyze the changing trends in accounting and financial activities in the world at an advanced level, and apply innovation and innovative working principles.
- P10 10. To be able to set goals and take initiatives to achieve them, to be creative and open to criticism and to have professional competencies at an advanced level.
- P11 11. To have an advanced level of foreign language to follow and use the information in the field and to communicate with colleagues.
- P12 12. To have advanced computer software and hardware knowledge required by the field of Accounting and Finance, and to be able to use information and communication technologies at an advanced level.
- P13 13. To be able to use theoretical and practical knowledge gained in the field of Accounting and Finance at an advanced level.
- P14 14. To be able to benefit from other fields that form the basis of financial policies and to understand the interaction between these disciplines.
Po-Lo Matrix
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