Akademik Veri Yönetim Sistemi
POROY ARSOY A. (Yürütücü), YÜCEL E., ERTAN Y., AYTAÇ A.
Erasmus Projesi, 2021 - 2023
The year 2005 was a milestone in global financial reporting with the mandatory adoption of IFRS for the consolidated accounts of all publicly traded companies in the European Union (EU). Although the accounting academics and multinational companies were aware of the beneficial adoption of IFRSs much more earlier, but from 2005, with the enactment of Regulation (EC) No 1606/2002 of the European Parliament, the adoption process of IFRS has become incredibly faster. The member states of the EU require the mandatory application of these standards for listed companies since 2005. After the regulation of the EU, many non-EU countries also have voluntarily entered the IFRS adoption process. IFRS are designed to bring consistency to accounting language, practices and statements. The adoption process of companies to IFRSs was not an easy step. The accountants and auditors around Europe began to deal with a new and complicated financial reporting procedures, hence this adoption process mostly showed itself on the vocational training of accountants and auditors. The next step that should be taken now is focusing on the IFRS training of accounting students in higher education institutions (HEIs). Approximately from the year 2015, Generation Z students began to fill the classrooms, campuses, and residence halls in HEIs. For the year 2020, most of the students in HEIs are from GenZ and a little number of Gen Y seniors. The GenZ students of business classes in HEIs are the future CEOs, CFOs,accountants and auditors and and they need to learn IFRS, in order to be included in global financial workforce. While our world is suffering from Covid 19 pandemic and education is mostly limited with distance and digital learning, the main objective of PASSIFRS is to build digital education readiness for IFRS education in HEIs by taking into account the unique characteristics of Generation Z students. PASSIFRS is built on three important pillars: Contributing to the IFRS education of GenZ business students is the priority of PASSIFRS. PASSIFRS will construct a flexible but constructing structured digital learning platform. This kind of digital training will be attractive for GenZ students. PASSIFRS includes several IOs that are especially designed for contributing digital readiness of HEIs in IFRS education. PASSIFRS offers adopting a principle-based approach in IFRS education.. Adopting a principles-based model of IFRS education is not simply limited to teaching the IFRS, but also includes how to apply it with real world problems. The principle-based approach emphasizes best practices with prescribed procedures, provides flexible learning and also perfectly matches with the characteristics, perspectives, and styles of GenZ students.
PASSIFRS includes a multicultural peer learning exercise. This exercise has been specially designed to meet two important distinctive characteristics of GenZ students: Multicultural
and socially progressive. After receiving tutorials from the PASSIFRS Digital Platform, Gen Z students of PASSIFRS HEIs will benefit from the Erasmus+ multicultural perspective and
learn IFRS with their peers and enjoy the ability to get different perspectives.