Graduate Education Institute · Islamic Economics and Finance · Doctorate
ECTS: 6 T+P+L: 3+0+0 Departmental Elective
Coordinator:
Course Objective
To explain the features of IFI accounting, to convey information to students about the uniform accounting system and uniform chart of accounts applied in participation banks and the basic financial statements arranged in participation banks.
Course Content
In the IFI Accounting course, basic concepts related to IFI accounting, basic financial statements in participation banks, the uniform accounting system applied, basic banking transactions, asset transactions, functioning of credit and liability accounts, equity transactions and accounting of income-expense transactions will be covered.
Course Learning Outcomes
- Students taking this course will learn about the uniform accounting system and operation of participation banks, accounting practices in participation banks and financial statements of IFI.
Core Area Distribution
(34) Business and Administration%100
Teaching Methods
ExpressionExercise and PracticePresentationCase StudyProblem Solving
Assessment & Evaluation
HomeworkTesting (Essay / Tests: True-Falls, multiple-choice, short answer, matching)
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 3 | 48 |
| Midterm | 1 | 15 | 15 |
| Quiz | 1 | 5 | 5 |
| Assignment | 1 | 1 | 1 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 10 | 10 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Participation Banking in Economic Life and Its Main Features | Relevant Chapter |
| 2 | Participation Banking and Accounting | Relevant Chapter |
| 3 | Basic Financial Statements in Participation Banks: Balance Sheet | Relevant Chapter |
| 4 | Basic Financial Statements in Participation Banks: Profit-Loss Statement | Relevant Chapter |
| 5 | Uniform Account System Applied in Participation Banks | Relevant Chapter |
| 6 | Basic Banking Transactions and Accounting in Participation Banks | Relevant Chapter |
| 7 | Basic Banking Transactions and Accounting in Participation Banks | Relevant Chapter |
| 8 | Midterm | Midterm |
| 9 | Basic Banking Transactions and Accounting in Participation Banks | Relevant Chapter |
| 10 | Financial Asset Transactions and Accounting in Participation Banks | Relevant Chapter |
| 11 | Operation of Loan Accounts in Participation Banks | Relevant Chapter |
| 12 | Operation of Liability Accounts in Participation Banks | Relevant Chapter |
| 13 | Equity Transactions and Accounting in Participation Banks | Relevant Chapter |
| 14 | Income-Expense Transactions and Accounting in Participation Banks | Relevant Chapter |
| 15 | Income-Expense Transactions and Accounting in Participation Banks | Relevant Chapter |
| 16 | Final Exam | Final Exam |