Week |
Subject |
Related Preparation |
1) |
Giving general information about the course and informing about Syllabus details.
Syllabus
Describing the flow of topics |
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2) |
• What is accounting?
• What are the basic principles of accountancy?
• Definition of Accountancy
• Historical Development of Accountancy
• Basic principles of accounting
• Types of Recording in Accounting
• Accounting books
• Accounting Documents |
To be prepared by reading the first part. |
3) |
• Uniform Chart of Accounts in Insurance Companies, Functioning, Financial Tables
• Structure of Uniform Chart of Accounts
• Information about Account Groups
• Recording mode of recording
• Financial statements used in insurance account
• Balance Sheet
• Profit Loss Table
• Other Tables |
Prepared by reading the next lesson. |
4) |
• Current Assets in Insurance Accounts
• Cash and cash equivalents
• Financial Investments
• Receivables from Principal Activities
• Other Receivables
• Accruals |
Reading the next lesson
Return Values in Insurance Accounts |
5) |
• Assets and Liabilities Non-current in Insurance Accounts
• Receivables from Principal Activities
• Other Receivables
• Financial Assets
• Tangible Assets
• Accruals
• Insurance Technical Reserves |
Read the topics related to the next lesson. |
6) |
• Insurance Concepts - I
• Insurance policy
• Insurance price
• Insurance Time
• Insurance Premium
• Gross Premium
• Net Premium |
To work on insurance concepts. |
7) |
• Insurance Concepts (II)
• Compensation Definition
• Claim for Claim
• Legal Dimension of Compensation Claim
• Compulsory Insurance
• Guarantee Fund
• Grouping of Insurance Concepts,
• Sorting with Accounting Records,
• Provisioning |
Future Lesson, Examining Insurance Concepts |
8) |
•Midterm
• Discussion of Midterm Exam
• Post-examination answers of the midterm exam answers (depending on the time). |
Reading the notes of the next lesson |
9) |
• Insurance Account Plan - I
• Current Assets
• Non-current Assets
• Short Term Liabilities
• Long Term Liabilities
• Equity
• Ethical principles and rules in insurance accounting transactions.
• The importance of the ethical principles and rules of insurance accounting procedures. |
Reading the notes of the Insurance Account Plan course. |
10) |
• Insurance Account Plan - II
• Income Statement Accounts
• Non-Life Branch Technical Income
• Non-Life Branch Technical Cost
• Life Technical Income
• Life Technical Cos |
Next lesson, Insurance Account Plan will be continued. |
11) |
• Insurance Account Plan - III
• Pension Technical Income
• Pension Technical Expense
• Investment Income
• Investment Expenses |
Next lesson, Insurance Account Plan will be continued. |
12) |
• Compulsory Traffic Insurance Premium Production
• Compulsory Traffic Insurance Premium Production Accounting Records
• Compulsory Traffic Insurance Premium Cancellation, Accounting Records
• Fire Insurance Premium Production
• Fire Insurance Premium Production Accounting Records
• Fire Insurance Premium Cancellation Accounting Records
• Automobile Premium Production
• Automobile Premium Production Accounting Records
• Automobile Insurance Premium Cancellation Accounting Records |
Homework: Premium Production and Cancellation in Insurance Companies, Related Accounting Records will be read and ready to be tasted |
13) |
• Premium Production and Cancellation in Insurance Companies, Related Accounting Records-II
• Premium Production in Other Elementary Branches
• Premium Generation Accounting Records in Other Elementary Branches
• Premium Cancellation Accounting Records in Other Elementary Branches
• Premium Production in Life Branch
• Premium Branch Accounting Records in the Life Branch
• Premium Branch Accounting Records in the Life Branch
• Recognition of Reinsurance Transactions |
Homework: Premium Production and Cancellation in Insurance Companies, Related Accounting Records will be read and ready to be tasted. |
14) |
• Damage Transactions
• Accounting Records of Damage Transactions
• Damage Payment Types
• Provision for Outstanding Claims
• Accounting Records of Damage Transactions
• Recognition of Expertise Fees
• Recognition of Reward and Warfare Transactions
• Insurance Agencies and Accountancy |
Reading Damage Transactions course notes. |
15) |
Final exam |
Finale preparation |
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Program Outcomes |
Level of Contribution |
1) |
explain the essential body of knowledge in the area of banking and insurance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models.
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3 |
2) |
employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. |
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3) |
recognize and assess legal environment in banking and insurance industries |
4 |
4) |
explain ongoing operational and managerial methods in banking and insurance industries |
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5) |
discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures. |
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6) |
develop the capacity to assess current global economic issues. |
4 |
7) |
translate and explain the content of the documents written in English related to the field |
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8) |
express he role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management |
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9) |
identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society. |
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