Business Administration
Course Details
KTO KARATAY UNIVERSITY
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Business Administration
Course Details
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Business Administration
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 00971317 | Intermediate Accounting: The IFRS Approach I | 2025 | Autumn | 7 | 3+0+0 | 4 | 4 |
| Course Type | Elective |
| Course Cycle | Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6) |
| Course Language | Turkish |
| Methods and Techniques | Explaining, through practical examples, the application of the Turkish Auditing Standards issued by the Public Oversight, Accounting and Auditing Standards Authority (POA) throughout the independent audit process. |
| Mode of Delivery | Face to Face |
| Prerequisites | Knowledge of Financial Statements |
| Coordinator | - |
| Instructor(s) | Assoc. Prof. Aynur AKPINAR |
| Instructor Assistant(s) | - |
Course Instructor(s)
| Name and Surname | Room | E-Mail Address | Internal | Meeting Hours |
|---|---|---|---|---|
| Assoc. Prof. Aynur AKPINAR | C-209 | [email protected] | 7644 | Monday 9:00-12:00 |
| Assoc. Prof. Aynur AKPINAR | C-209 | [email protected] | 7644 | Tuesday 11:00-13:00 |
Course Content
xplaining the necessity and operation of independent auditing and teaching the Turkish Auditing Standards (TASs) that should be applied throughout the independent audit process.
Objectives of the Course
Teaching the independent audit process conducted by audit firms and auditors authorized to perform statutory audits, in accordance with the Turkish Accounting Standards (TAS) and Turkish Auditing Standards (TASs) issued by the Public Oversight, Accounting and Auditing Standards Authority (POA), with the objective of ensuring the preparation of financial statements that are accurate, comparable, and fairly presented.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | |
| Specialization / Field Courses | X |
| Support Courses | |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Relationships between Course Learning Outcomes and Program Outcomes
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Program Learning Outcomes | Level |
|---|---|---|
| P1 | 1) To have advanced theoretical and / or practical knowledge and skills related to the basic functions of businesses (management and organisation, accounting and finance, production management and marketing). | 5 |
| P2 | 2) Identify, analyse and evaluate the current and potential problems of businesses by thinking critically and develop alternative solutions by using scientific methods. | 5 |
| P5 | 5) Can research and analyse information related to the field of business administration and can set operational, tactical and strategic goals according to the results obtained. | 5 |
| P7 | 7) Can work effectively in interdisciplinary work or multicultural teams, take responsibility, take initiative, transfer information to teammates, work for common goals by cooperating with team members. | 5 |
| P9 | 9) Applies the activities carried out in the field of business administration in line with the awareness of professional ethics, social responsibility, universal and cultural values | 5 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Learns the importance and necessity of auditing and the auditing and professional ethical standards used in independent auditing. | P.1.40 | 1 |
| O2 | Understands which procedures should be performed according to standards during the stages of independent auditing. | P.1.41 | 1 |
| O3 | In audit work, they can identify the level of risk and materiality and plan and apply audit evidence gathering methods and techniques in accordance with ethical rules. | P.2.41 | 1 |
| O4 | Can analyze what evidence collection methods and techniques will be used in independent auditing and the level of materiality that should be applied in the audit. | P.2.42 | 1 |
| O5 | Can synthesize independent audit reports prepared for companies in different sectors. | P.5.38 | 1 |
| O6 | Based on the content of the evidence forming the basis of the independent audit report, it can assess which opinion should be included in the independent audit report prepared in the format specified in the standards. | P.7.6 | 1 |
| ** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7 | |||
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Introduction to Accounting Auditing Types of Audits |
| 2 | The independent audit process and statistics disclosed by the Public Oversigt Accounting and Auditing Standarts Authority |
| 3 | Requirements and ethical rules for becoming an independent auditor |
| 4 | Independent Audit Agreement in accordance with İAA 210 |
| 5 | Bağımsız denetim şirketlerinin uyguladığı Kalite Kontrol Standartlar |
| 6 | IAS-200-The Independent Auditor's General Objectives and Conducting the Independent Audit in accordance with the Independent Audit Standards |
| 7 | Certification of Independent Auditing, Independent Auditor's Responsibilities Regarding Fraud, Communication with Senior Management of the Audited Entity, and Reporting Internal Control Deficiencies to Senior Management |
| 8 | Planning the Independent Audit, Identifying Risks of Material Misstatement, and Determining the Materiality Level in Transaction Classes and Account Balances |
| 9 | Considerations in Preparing Independent Audit Evidence; External Confirmations, Analytical Procedures, Sampling, Accounting Estimates, and the Going Concern of the Business |
| 10 | Evaluation of Special Considerations in the Independent Audit of Communities, Utilization of the Work of Internal Auditors and Experts |
| 11 | IAS-700 Matters to Consider in Forming an Opinion on Financial Statements and IAS 705 Formation of an Opinion Other Than a Favorable Opinion |
| 12 | Disclosure of Key Audit Matters and Explanations of the Matters of Emphasis Paragraph in the Independent Audit Report |
| 13 | Audit of Financial Statements Prepared for Special Purpose Frames |
| 14 | Review of Sample Independent Audit Reports Published on the Public Disclosure Platform (PDP) |
Textbook or Material
| Resources | Accounting, Auditing &Assurance Services: A SystematicApproachIrwin/McGrawHill; 3rd Edition. |
| Accounting Plan Applications in Compliance with Financial Reporting Standards- Prof. Dr.Ümit Gücenme Gençoğlu, Prof. Dr. Gürbüz Gökçen, Prof. Dr. Başak Ataman, Prof. Dr. Fatih Yılmaz, Dr. Hakan Cavlak. Aktüel Yayınları. 2020. | |
| Accounting Audit with Application Examples (IFRS/IAS) , Hasan Kaval, Gazi Kitabevi, Ankara | |
| UFRS Records with Examples. Prof. Dr. Necdet Sağlam, SMMM Mehmet Yolcu, SMMM Ali Osman Eflatun. Muhasebe TR. 2018. | |
| Turkish Accounting and Financial Reporting Standards Application and Interpretations. Prof. Dr. Remzi Örten, Prof. Dr. Hasan Kaval, Doç. Dr. Aydın Karapınar. Gazi Kitabevi. 2008 | |
| www.kgk. gov.tr | |
| www.kap.gov.tr |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Attendance | - | - |
| Laboratory | - | - |
| Practice | - | - |
| Field Study | - | - |
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | - | - |
| Projects | - | - |
| Seminar | - | - |
| Quiz | - | - |
| Listening | - | - |
| Midterms | 1 | 40 (%) |
| Final Exam | 2 | 60 (%) |
| Total | 100 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 14 | 3 | 42 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 14 | 2 | 28 |
| Midterms | 1 | 25 | 25 |
| Quiz | 0 | 0 | 0 |
| Homework | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Workshop | 0 | 0 | 0 |
| Presentation/Seminar Preparation | 0 | 0 | 0 |
| Fieldwork | 0 | 0 | 0 |
| Final Exam | 1 | 25 | 25 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 120 | ||
| Total Work Load / 30 | 4 | ||
| Course ECTS Credits: | 4 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P1 | P2 | P5 | P7 |
|---|---|---|---|---|---|
| O1 | Learns the importance and necessity of auditing and the auditing and professional ethical standards used in independent auditing. | - | - | - | - |
| O2 | Understands which procedures should be performed according to standards during the stages of independent auditing. | - | - | - | - |
| O3 | In audit work, they can identify the level of risk and materiality and plan and apply audit evidence gathering methods and techniques in accordance with ethical rules. | - | - | - | - |
| O4 | Can analyze what evidence collection methods and techniques will be used in independent auditing and the level of materiality that should be applied in the audit. | - | - | - | - |
| O5 | Can synthesize independent audit reports prepared for companies in different sectors. | - | - | - | - |
| O6 | Based on the content of the evidence forming the basis of the independent audit report, it can assess which opinion should be included in the independent audit report prepared in the format specified in the standards. | - | - | - | - |