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| VISY2014 | Foreign Trade Transactions Accounting | 1+1+0 | ECTS:3 | | Year / Semester | Spring Semester | | Level of Course | Short Cycle | | Status | Compulsory | | Department | DEPARTMENT of MANAGEMENT and ORGANIZATION | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 1 hour of lectures and 1 hour of practicals per week | | Lecturer | -- | | Co-Lecturer | None | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The aim is to increase awareness and knowledge on how foreign trade processes in enterprises are recognized and what are documents and application files used in foreign trade |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | have knowledge about basic concepts related to foreign trade | 1 | 1 | | LO - 2 : | perform recognition procedures related to imports | 2 | 1 | | LO - 3 : | perform recognition procedures related to exports | 2 | 1 | | LO - 4 : | have knowledge about documents and application letters used in foreign trade | 1,2 | 1 | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| Historical evolution of foreign trade, accounting plan and accounting processes for foreign trade procedures, Import and Export Procedures: Added Value Tax procedure in foreign trade transactions, financing techniques in foreign trade, monographs on foreign trade procedures |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Importance of foreign trade, accounting plan in foreign trade, accounts used in foreign trade (Cash acocunt, account of checks in foreign currency, account of bank in foreign currency, Account of receivables from customers, Account of receivable bills, account of payable bills, accounts of foreign production and inventory, account of advances paid for purchase orders, account of advances colelcted for orders, V.A.T. accounts) | | | Week 2 | Accounts of Fixed Assets, Account of suppliers, Account of foreign sales, account of sales returns, account os sales discounts, account of other discounts, account of sold merchandise cost, account of sold marchandise cost, account of exchange profit, account of exchange loss, theoretical explanations about overheads | | | Week 3 | Export procedures and accounting, Actual export and date of actual export, export accounting record, collecting price of exported good, amount of export left in foreign branch offices, completion of 180-day period, end-of-period valuation procedure of foreign receivables, collection of valued foreign receivables | | | Week 4 | Fee of corresponding bank, commission expenses, lump sum expense in export, sales expenses in export, sale returns in export, example practices for payment means in export | | | Week 5 | export based on cash against document, export based on cash against letter of credit, export based on acceptance credit, export based on consigned sale payment, export based on credit account | | | Week 6 | Accounting procedures in import, Import of raw material and supplies, import of merchandise, import of tangible asset | | | Week 7 | Example accounting practices for import and export | | | Week 8 | General Repetation | | | Week 9 | Mid-term exam | | | Week 10 | Added Value Tax in foreign trade processes - V.A.T. in manufacturer export companies and example practice | | | Week 11 | V.A.T. with export sales and example practice, document used for V.A.T. return in export, example application letters and procedures required to be cared by tax payers requesting return | | | Week 12 | V.A.T. in import, V.A.T. procedures in import and export procedures and relevant examples | | | Week 13 | Financing techniques in foreign trade, Credits in TL and accountign processes, credits in foreign currency and accounting processes | | | Week 14 | Example practice for foreign trade processes (Monograph) | | | Week 15 | Example practice for foreign trade processes (Monograph) | | | Week 16 | End-of-term exam | | | |
| 1 | Gürsoy, Y. 2007; Dış ticaret işlemleri muhasebesi, Ekin yayınevi, Bursa | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | In-term studies (second mid-term exam) | 9 | 10/04/2018 | 0,5 | 50 | | End-of-term exam | 16 | 29/05/2018 | 0,5 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 2 | 13 | 26 | | Sınıf dışı çalışma | 0 | 0 | 0 | | Laboratuar çalışması | 0 | 0 | 0 | | Arasınav için hazırlık | 3 | 7 | 21 | | Arasınav | 1 | 1 | 1 | | Uygulama | 0 | 0 | 0 | | Klinik Uygulama | 0 | 0 | 0 | | Ödev | 0 | 0 | 0 | | Proje | 0 | 0 | 0 | | Kısa sınav | 0 | 0 | 0 | | Dönem sonu sınavı için hazırlık | 3 | 13 | 39 | | Dönem sonu sınavı | 1 | 1 | 1 | | Diğer 1 | 0 | 0 | 0 | | Diğer 2 | 0 | 0 | 0 | | Total work load | | | 88 |
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