Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / MUD-515 - ACCOUNTING AND AUDITING (MASTER'S DEGREE WITHOUT THESIS)

Code: MUD-515 Course Title: INFLATION ACCOUNTING Theoretical+Practice: 3+0 ECTS: 6
Year/Semester of Study 1 / Fall Semester
Level of Course 2nd Cycle Degree Programme
Type of Course Optional
Department ACCOUNTING AND AUDITING (MASTER'S DEGREE WITHOUT THESIS)
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer EDA KÖSE (edakose@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
To teach students about partial applications related to inflation accounting in Turkey and the regulations related to inflation accounting in the Turkish Tax Legislation and Turkish Accounting Standards, and to teach students how to purify the financial statements of businesses from the effect of inflation according to these regulations in Turkey with the help of practical examples.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Learning the basic concepts of inflation accounting and partial inflation methods in the Turkish Tax Legislation PO-1 Students who have taken the necessary courses based on their 4-year undergraduate level qualifications in the field of business administration or if they have received undergraduate education in another field can develop and deepen their knowledge in the field of accounting at the level of expertise.
Examination
LO-2 Learning how to adjust financial statements for inflation according to Law No. 5024 PO-1 Students who have taken the necessary courses based on their 4-year undergraduate level qualifications in the field of business administration or if they have received undergraduate education in another field can develop and deepen their knowledge in the field of accounting at the level of expertise.
Examination
LO-3 Learning how to adjust financial statements for inflation according to TMS 29: Financial Reporting Standards in High Inflation Economies PO-1 Students who have taken the necessary courses based on their 4-year undergraduate level qualifications in the field of business administration or if they have received undergraduate education in another field can develop and deepen their knowledge in the field of accounting at the level of expertise.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
Basic information on inflation and financial statements, the effect of inflation on financial statements, inflation accounting methods, inflation accounting application within the framework of Law No. 5024, IAS 29: Inflation accounting application according to the Financial Reporting Standard in High Inflation Economies, correction of financial statements according to general price level accounting and application examples
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Basic information on inflation and financial statements Lecture, Question and Answer
2 The effect of inflation on the asset and resource structure of the balance sheet Lecture, Question and Answer
3 The effect of inflation on the income statement of businesses Lecture, Question and Answer
4 Partial adjustment methods applied to eliminate the impact of inflation on financial statements Lecture, Question and Answer
5 General adjustment methods applied to eliminate the impact of inflation on financial statements and the separation of balance sheet elements as monetary and non-monetary Lecture, Question and Answer
6 Law No. 5024 and Communiqués No. 328-333-337-338 Lecture, Question and Answer
7 IAS 29: Financial Reporting Standard in High-Inflation Economies Lecture, Question and Answer
8 mid-term exam
9 Correction of financial statements according to general price level accounting Lecture, Question and Answer
10 Correction of financial statements according to general price level accounting Lecture, Question and Answer
11 Calculation of purchase gains and losses caused by monetary items Lecture, Question and Answer
12 Sample applications related to various industries Lecture, Question and Answer
13 Sample applications related to various industries Lecture, Question and Answer
14 Sample applications related to various industries Lecture, Question and Answer
15 Sample applications related to various industries Lecture, Question and Answer
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Nalan Akdoğan, Enflasyon Muhasebesi Kurumsal Yaklaşımlar ve Türkiye Uygulaması, Ankara 2004
2 Remzi Örten, Aydın Karapınar; Enflasyon Muhasebesi, Gazi Kitabevi
3 5024 Sayılı Kanun ve 328-333-337-338 Sıra Numaralı Tebliğler
4 TMS 29: Yüksek Enflasyonlu Ekonomilerde Finansal Raporlama Standardı
Required Course instruments and materials
Textbooks, Notebook, Blackboard

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 1 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 1 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 3 14 42
       b) Search in internet/Library 3 14 42
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 0
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 3 7 21
mid-term exam 2 1 2
Own study for final exam 4 7 28
final exam 3 1 3
0
0
Total work load; 180