BAF351 – Syllabus
BAF-351 BANK AACOUNTING SYLLABUS
Course code/title BAF-351 Bank Accounting
Class Meeting Hours and Rooms TBA
Course info COURSE TYPE: Elective Lecture
LECTURER(S): Bülent Şenver
CREDIT VALUE: 3 Credit hours
ECTS VALUE: 6
DURATION OF COURSE: One semester
Course description The main aim of this course is to provide students with an introductory yet comprehensive overview Bank Accounting. This course is an introduction to the preparation and interpretation of bank financial statements. The course covers the accounting cycle by which the information about bank transactions is summarized in these statements.
Course objectives The objectives of this course are to establish a sound foundation of the bank financial accounting principles and to ensure students understand the process of gathering, recording, classifying, summarizing, reporting as well as interpreting bank financial information.
General learning outcomes On successful completion of this course, all students will have developed knowledge and understanding of: On successful completion of this course, all students will have developed their skills in: On successful completion of this course, all students will have developed their appreciation of and respect for values and attitudes regarding the issues of:
Learning/teaching method Lectures, classroom examples, quizzes, midterm exam, and final exam.
Method of assesment Midterm Exam 30%
Final Exam 50%
Quises 10%
Participation + Assignments 10%
Content and Schedule -Essence of Banking -Principles of Banking -Types of Banking -The role of Banks in Financial System Tutorial: Concept Checks and Chapter-end Problems – Mechanics of Double–Entry Accounting – Recording Changes in Revenues and Expenses -Comprehensive Illustration—Journalizing, Posting, and Preparing a Trial Balance -Cash versus Accrual Accounting -Classification of Adjusting Entries Tutorial: Concept Checks and Chapter-end Problems -The Accounting Cycle: Adjusted Trial Balance, Preparation of Financial Statements, Closing Entries, Post–Closing Trial Balance -The Worksheet -Reversing Entries -Comprehensive Illustration—Completing the Accounting Cycle Tutorial: Concept Checks and Chapter-end Problems -Working with Financial statements of Banks -Off Balance sheet Activities -The Problem of Book-Value Accounting Tutorial: Concept Checks and Chapter-end Problems –Journalizing each transaction -Posting entries to appropriate ledger account -Preparing Balance Sheet and Income Statement -Interest Computation Tutorial: Concept Checks and Chapter-end Problems
WEEK
TOPICS
1
Introduction to Banking and its Principles
2
Accounting for Bank Business Transactions & Accounting Adjustments:
3
Completing Bank Accounting Cycle:
4-5
The Financial Statements of Banks and some of their Competitors:
6-7
MID-TERM EXAMS
8-9
Application of Exercises – Working with Balance sheet and Income Statement of Commercial Banks: Different Case Studies
10-11
Measuring and Evaluating the Performance of Banks and Their Principal Competitors
13
Presentation of Case Study
14-15
FINAL EXAMS
Course notes and textbooks