Course Name |
Financial Accounting I
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
MUH 100
|
Fall
|
3
|
0
|
3
|
5
|
Prerequisites |
None
|
|||||
Course Language |
Turkish
|
|||||
Course Type |
Required
|
|||||
Course Level |
Short Cycle
|
|||||
Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | DiscussionProblem SolvingQ&ALecture / Presentation | |||||
National Occupation Classification | - | |||||
Course Coordinator | ||||||
Course Lecturer(s) | ||||||
Assistant(s) | - |
Course Objectives | The purpose of this course is to provide students with the relevant and sufficient information necessary to manage accounting entries and prepare the balance sheet. |
Learning Outcomes |
The students who succeeded in this course;
|
Course Description | Students will be able to explain the main principles of accounting, applying the rules and principles of accounting, they will be able to manage accounting entries and prepare the accounting ledgers and the balance sheet for the end of the period. |
Related Sustainable Development Goals |
|
Core Courses | |
Major Area Courses |
X
|
|
Supportive Courses | ||
Media and Management Skills Courses | ||
Transferable Skill Courses |
Week | Subjects | Related Preparation |
1 | Definition of accounting, its functions, users of accounting information, scope of accounting, and basic concepts of accounting | Sevilengül, O. (2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426.. Chapter 1-2. |
2 | Definition of balance sheet, basic balance sheet equation, the impact of financial transactions on the balance sheet | Sevilengül, O.(2020). Genel Muhasebe Gazi Kitabevi. ISBN: 9786257855426. Chapter 2. |
3 | Concept of account, operation and rules of accounting accounts, sequence of accounting transactions | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 3. |
4 | Ledgers and records in accounting, monthly trial balances, general provisional trial balance, concept of inventory, final trial balance, year-end balance sheet, and income statement | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 4 |
5 | Ledgers and records in accounting, monthly trial balances, general provisional trial balance, concept of inventory, final trial balance, year-end balance sheet, and income statement | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 4. |
6 | Concept of assets and current assets accounts | Sevilengül, O.(2020). Genel Muhasebe..Gazi Kitabevi. ISBN: 9786257855426. Chapter 5. |
7 | Current assets accounts | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 5. |
8 | MIDTERM WEEK | |
9 | Fixed assets accounts | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 5 |
10 | Short-term liabilities accounts | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 6. |
11 | Long-term liabilities accounts | Sevilengül, O.(2020). Genel Muhasebe.. Gazi Kitabevi. ISBN: 9786257855426. Chapter 6 |
12 | Equity accounts | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 6 |
13 | Income statement accounts | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 8 |
14 | Income statement accounts | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 8 |
15 | Year-end transactions | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 9 |
16 | FINAL WEEK |
Course Notes/Textbooks | Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426.
|
Suggested Readings/Materials | www.kgk.gov.tr and Course Notes. |
Semester Activities | Number | Weigthing |
Participation |
1
|
10
|
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments | ||
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exams | ||
Midterm |
1
|
40
|
Final Exam |
1
|
50
|
Total |
Weighting of Semester Activities on the Final Grade |
2
|
50
|
Weighting of End-of-Semester Activities on the Final Grade |
1
|
50
|
Total |
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
Laboratory / Application Hours (Including exam week: '.16.' x total hours) |
16
|
0
|
|
Study Hours Out of Class |
14
|
3
|
42
|
Field Work |
0
|
||
Quizzes / Studio Critiques |
0
|
||
Portfolio |
0
|
||
Homework / Assignments |
0
|
||
Presentation / Jury |
0
|
||
Project |
0
|
||
Seminar / Workshop |
0
|
||
Oral Exam |
0
|
||
Midterms |
1
|
26
|
26
|
Final Exam |
1
|
34
|
34
|
Total |
150
|
#
|
Program Competencies/Outcomes |
* Contribution Level
|
|||||
1
|
2
|
3
|
4
|
5
|
|||
1 |
To be able to explain the scope, importance and functions of the accounting process |
-
|
-
|
X
|
-
|
-
|
|
2 |
To be able to recognize regulatory and supervisory agencies together with relevant and competent stakeholders in the field of accounting |
-
|
X
|
-
|
-
|
-
|
|
3 |
To be able to register, correct and close the financial transactions in the related accounting records within the accounting cycle |
-
|
-
|
-
|
-
|
X
|
|
4 |
To be able to analyze the financial statements like balance sheet and income statement |
-
|
-
|
-
|
-
|
-
|
|
5 |
To be able to use computer related software programs and field related computer applications |
-
|
-
|
-
|
-
|
-
|
|
6 |
To be able to recognize, organize, store the documents used in commercial life and to be able gain skills in office layout, archiving and personnel management |
-
|
X
|
-
|
-
|
-
|
|
7 |
To have the general knowledge about laws and specific legislation about taxes, social security, capital markets and foreign exchange |
-
|
-
|
-
|
-
|
-
|
|
8 |
To be able to explain the economic situatons by analyzing the concepts of the economic, the general functioning of the system and the relationship between the elements of the system and the economic phenomena |
-
|
-
|
-
|
-
|
-
|
|
9 |
To be able to develop the analytical thinking skills required for the solution of professional problems and applies the rules of mathematics and logic |
-
|
-
|
-
|
-
|
-
|
|
10 |
To be able to use the english at the general level of European Language Portfolio A2 to communicate effectively with his / her colleagues and to follow up necessary professional sources in his/her field |
-
|
-
|
-
|
-
|
-
|
|
11 |
To be able to make decisions based on the principles of professional ethics, accountability and responsibility |
-
|
-
|
-
|
-
|
-
|
|
12 |
To have the ability to work effectively in individual and multi-disciplinary teams and to use them in their work environment |
-
|
-
|
-
|
-
|
-
|
|
13 |
To have a broad perspective on social and academic aspects by closely following the developments in various different subjects in or out of the scope of his/her profession |
-
|
-
|
-
|
-
|
-
|
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
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