ISL5524 International ReportingBahçeşehir UniversityDegree Programs ACTUARIAL SCIENCE (TURKISH, NON-THESIS)General Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ACTUARIAL SCIENCE (TURKISH, NON-THESIS)
Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ISL5524 International Reporting Fall 3 0 3 7
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: Turkish
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator : Prof. Dr. FATMA ÖZKUL
Recommended Optional Program Components: None
Course Objectives: The purpose of this course is the preparation of consolidated financial statements in accordance with International Financial Reporting Standards and using of financial reporting practices.

Learning Outcomes

The students who have succeeded in this course;
I. At the end of this course, students will be able to appraisal in accordance with TAS.
II. At the end of this course, students can separate in calculating allowance of debts and expenses.
III. After completing this course, students will be able to prepare alternative financial reporting.
IV. At the end of this course, students will be able to be inflation accounting and consolidation.

Course Content

In this course, there are analyzes of prepared financial statements in accordance with IFRS, valuation differences and the implementation of standards with case studies

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction: Financial Reporting Standards
2) IAS 28: Investments in Associates
3) IAS 31: Interests In Joint Ventures
4) IAS 27: Consolidated and Separate Financial Statements
5) IFRS 3: Business Combinations
6) IAS 21: The Effects of Changes in Foreign Exchange Rates
7) IAS 29: Financial Reporting in Hyperinflationary Economies
8) IFRS 9: Financial Instruments
9) IAS 33: Earnings per Share
10) IAS 34: Interim Financial Reportings
11) IFRS 1: First-time Adoption of International Financial Reporting Standards
12) Case Studies about UFRS
13) UFRS Studies
14) UFRS Studies

Sources

Course Notes / Textbooks: Power Point Sunumları / Power Point Slides
References: Örnek Uygulamalar / Sample Cases

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 10
Presentation 1 % 20
Midterms 1 % 30
Final 1 % 40
Total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 42
Application 13 50
Study Hours Out of Class 13 73
Presentations / Seminar 1 8
Midterms 1 2
Total Workload 175

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Acquire the quantitative skills to become an actuary.
2) Will know about risks and ways to manage risk.
3) Will know about financial planning and its role in actuarial management.
4) Will be able to design new products and carry profitability tests and scenario analyses.
5) Besides gaining competence in theoretical subjects, the graduate will also be aware of practical issues and applications through lecturers and instructors who have market experience.
6) Will be able to follow all innovations and carry on research on the particular area.
7) Will share information with colleagues and will use it for project development..
8) Will be able to apply and make the necessary adaptation to all new rules and regulations.