ECTS - Accounting Theories and Standards

Accounting Theories and Standards (FNCE514) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Accounting Theories and Standards FNCE514 3 0 0 3 5
Pre-requisite Course(s)
Course Language Turkish
Course Type N/A
Course Level Social Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Observation Case Study, Problem Solving, Brain Storming.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Ali Rıza Zafer Sayar
Course Assistants
Course Objectives An understanding of what kind of information can be presented in-house and out-of-the-box thanks to the double-sided registration system, where the accounting comes from the needs, how the accounting is shaped and ultimately, in the course of the historical development. It will be understood that each type of business may be able to provide appropriate, timely, understandable information rather than the same or standard financial statements. Students will be informed about the work of institutions that publish different accounting standards.
Course Learning Outcomes The students who succeeded in this course;
  • Learns the basic principles and concepts of accounting.
  • Follow current academic articles and new trends in accounting
  • Have knowledge about the functions and functioning of national and international accounting regulations
  • Students will be able to analyze and solve all possible accounting problems
  • Know basic accounting theories and compare them with modern theories
Course Content The appropriate accounting system, book keeping systems, the contents and the format of the financial statements, the valuation problems, comparison of various accounting standards.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 The sectors and sizes of the enterprises, the books that are held to meet the information needs and needs according to their legal structures, the financial statements derived from the books Unilateral accounting / double-sided accounting scheme and their outputs, Books kept according to Turkish legislation, documents used, financial statements issued Financial Information / Non-Financial Information / Social Responsibility Reporting, Integrated Reporting Non-compulsory and non-compulsory books to be kept from tax law and commercial law books, Alpaslan Peker, Modern Management Accounting Book Production / Accrual / Collection-Based Accounting, Learning Obtaining information about the reporting of non-financial information and social responsibility accounting from different articles,
2 Asymmetric Information Theory, Arrangements to fill the symmetric information gap. An overview of financial reporting models used by different institutions in money and capital markets. Examining the financial statements of the Bank and Insurance Companies and Mutual Funds, Additional or special financial statements and footnotes they provide. Taking a sample of a company from banks, public companies, mutual funds and insurances, reviewing their financial statements and making them examined in the course
3 Single Sided / Two-Sided Registration System (Cameralistic Accounting (Government Accounting) Commercial Accounting, Accounting of Non-Commercial Organizations) Fund Accounts, Production Based, Accrual Based, Collection Based Accounting Systems
4 An overview of accounting systems known in the world. The accounting systems used in the world and Turkey, an overview of the development of accounting in Turkey. Turkey Accounting / Financial Reporting Standards Investigation in general, General Review of Financial Reporting Standards Significant differences Obtaining general information from both public institutions and public institutions
5 Feature by Accounting Standards Investigation account of what happened in Turkey  Financial Instruments Accounting,  Classification of Financial Instruments, Recognition in initial acquisitions, recognition in subsequent periods,  Impairment of assets, valuation with amortization, valuation with fair value  Recognition in Profit / Loss, Recognition in Equity.  Subject of Protection Accounting Trade Receivables and Debts, valuation of securities in general ledger will be learned and recalled in advance.
6 According to Property in Turkey Accounting Standards Investigation account of what happened: Accounting of tangible / intangible fixed assets in the first acquisition, Principles of depreciation of them The principles of valuation with the revaluation model / cost value at the end of the period Special Conditions for Intangible Assets (R & D Expenditures) Distinction of purchased / self-generated intangible assets According to the legislation of Turkey tangible and intangible assets and the accounting thereof bride Proceeding Studying goodwill and accounting
7 According to Property in Turkey Accounting Standards Investigation account of what happened: Investment Property Real Estate for Sale and Non-Disposal Assets Examination of the stopped activities standard The above standards should be reviewed from the UPS pages, To study the parts of the book with related subjects
8 According to Property in Turkey Accounting Standards Investigation account of what happened: Taxes on Profit, Deferred Tax Liability / Liability Continuous Differences / Temporary Differences; Justification for the recognition of deferred taxes in equity / profit loss Working with the relevant sections from the book
9 Midterm Exam
10 According to Property in Turkey Accounting Standards Investigation account of what happened: Provisions, Contingent Assets Contingent Liabilities Standard, Examining the Situations Causing Discrimination Sampling and Reporting of Contingent Assets Condition and Reporting of Obligations to study the relevant sections of the book from the book, Review of the explanations on this subject in any audit report
11 According to Property in Turkey Accounting Standards Investigation account of what happened: Employee Benefits Standard Short Term Benefits to Employees Employee Benefits After Working Period Employee Benefits Employee Benefits After Termination of Employment Studying the related section of the book
12 According to Property in Turkey Accounting Standards Investigation account of what happened: Revenue Standard: Segmentation for the learning of the quality of revenue and the principles of recognition Accounting of Yellow Business Maturity differences and additional transaction income The Public Oversight Authority website will be reviewed on the basis of the standard. Recognition according to the completion of the work in accordance with the Tax Law will be remembered
13 According to Property in Turkey Accounting Standards Investigation account of what happened: Consolidated Financial Statements Obligation to regulate these tables and determination of enterprises to be consolidated Consolidation of capital accounts Consolidation in the merger period, consolidation in later periods Consolidation of Debts and Receivables Consolidation of mutual purchases and sales Differences between SME Reporting and TMS / TFRS Business related publications will be reviewed. Related sections of the book will be examined
14 According to Property in Turkey Accounting Standards Investigation account of what happened: Accounting Policies, Changes in Accounting Estimates and Errors Standard Characteristics that are generally taken into account when creating accounting policies and policies Changes in Accounting Estimates Correction and reporting of errors Working with the relevant sections from the book
15 According to Property in Turkey Accounting Standards Investigation account of what happened: Accounting of Foreign Currency Transactions Double-entry registration in banks Year-end valuation of foreign payables and receivables The method of converting the financial statements in foreign currency into Turkish Lira Converting financial statements prepared in TL into another currency Study related parts of the book
16 Final Exam


Course Book 1. Türkiye Muhasebe-Finansal Raporlama Standartları-Uygulama ve Yorumları
2. Alpaslan Peker, Modern Yönetim Muhasebesi
Other Sources 3. Türkiye Muhasebe Finansal Raporlama Standartları Kamu Gözetimi Kurumu

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 1 20
Presentation 1 20
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 30
Toplam 4 100
Percentage of Semester Work
Percentage of Final Work 100
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 1. To be able to combine and use the knowledge of their own undergraduate program area with the knowledge of business administration. X
2 2. To have information about the structure and functioning of the financial system and each financial institution. X
3 3. To have information about regulations and legislation related to financial institutions X
4 4. To be able to see the risks that different financial institutions are exposed to and gain the ability to produce basic solutions. X
5 5. To have knowledge about basic investment strategies. X
6 6. Having knowledge about research methods and techniques and being able to use them. X
7 7. To have information about the institutional characteristics of emerging and developed markets and investment strategies for bonds, stocks and derivatives in these markets. X
8 8. To have the ability to reach scientific knowledge in the field of business, to monitor, evaluate and apply the current literature X
9 9. To be able to transfer information about the business area by using effective verbal, written and visual communication methods. X
10 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values X
11 11. To be able to work effectively with different disciplines or multicultural teams, to take responsibility, to make risk analysis, to keep up with change, to think critically and to use initiative in problem solving. X
12 . X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class
Presentation/Seminar Prepration 1 15 15
Homework Assignments 1 15 15
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 25 25
Prepration of Final Exams/Final Jury 1 25 25
Total Workload 128