Course Detail
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
FINANCIAL ACCOUNTING | BUS2152750 | Fall Semester | 3+0 | 3 | 5 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Selman DURAN |
Name of Lecturer(s) | Assist.Prof. Selman DURAN |
Assistant(s) | |
Aim | It is intended to teach the management of the financial situation of the business and to instruct the end of the period for the registration and reporting of the business transactions in order to shed light on the decisions taken by the managers. At the end of the course, students are expected to come to the point where they can arrange financial statements such as balance sheet, income statement by accounting financial events that may occur during a period in an enterprise. |
Course Content | This course contains; Introduction to Financial Accounting,Basic Concepts of Financial Accounts,Process of Financial Accounting; Financial Statements and documentsls,General Accounts of Finacial Accounting and Journal Entries,General ledger entries,Current and Fixed assets tranactions,Liabilities and equity transactions,Trial Balance,End-of-period adjustments,Income statement,Closing entries,Adjusted trial balance,Closing balance sheet,Monography. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to explain the role of the financial accountanting, the difference from other accounting areas.
| 16, 9 | A |
1.1. Explains financial accounting | 9 | A |
1.2. Explains the difference between financial accaounting and other accounting areas | 14, 9 | A |
1.3. Evaluates the functions of financial accounting | 16, 9 | A |
2. Wil be able to explain the financial statements and the accounts of the statements | 16, 9 | A |
2.1. Explains the balance sheet and its accounts | 16, 9 | A |
2.2. Explains income statement and its accounts | 12, 9 | A |
2.3. Explains and exemplifies the balance sheet and income statement | 16, 9 | A |
3. Will be able to make accounting transactions about current asset accounts.
| 16, 9 | A |
3.1. Records the journal entries of the Current Assets item in the journal | 16, 9 | A |
3.2. Records the ledger entries of the Current Assets item in the ledger | 16, 9 | A |
3.3 Performs valuation of current asset accounts | 16, 9 | A |
4. Will be able to make accounting transactions about fixed asset accounts | 16, 9 | A |
4.1. Records the journal entries of the fixed assets item in the journal | 16, 9 | A |
4.2. Records the ledger entries of the fixed Assets item in the ledger | 16, 9 | |
4.3 Performs valuation of current asset accounts | 16, 9 | A |
5. Will be able to make accounting transactions about liability accounts. | 16, 9 | A |
5.1. Records the journal entries of the liabilities item in the journal | 16, 9 | A |
5.2. Records the ledger entries of the liabilities item in the ledger | 16, 9 | A |
5.3 Performs valuation of current asset accounts | 16, 9 | A |
Teaching Methods: | 12: Problem Solving Method, 14: Self Study Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to Financial Accounting | |
2 | Basic Concepts of Financial Accounts | |
3 | Process of Financial Accounting; Financial Statements and documentsls | |
4 | General Accounts of Finacial Accounting and Journal Entries | |
5 | General ledger entries | |
6 | Current and Fixed assets tranactions | |
7 | Liabilities and equity transactions | |
8 | Trial Balance | |
9 | End-of-period adjustments | |
10 | Income statement | |
11 | Closing entries | |
12 | Adjusted trial balance | |
13 | Closing balance sheet | |
14 | Monography | |
Resources |
Lecture Notes |
Financial Accounting, Walter T. Harrison Jr., Charles T. Horngren, C. William Thomas, Pearson Education; 10th edition, 2014. |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | Defines the theoretical issues in the field of business administration | X | | | | |
2 | Describes the necessary qualitative and quantitative methods in the field of business and management. | | X | | | |
3 | Uses at least one computer program in the field of business and management
| | | | | |
4 | Sustains proficiency in a foreign language required for business and management.
| | | | | |
5 | Prepares managerial investment projects and work in a team. | X | | | | |
6 | Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got. | | X | | | |
7 | Uses theoretical and practical expertise in the field of business administration | | | X | | |
8 | Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication. | | | | | |
9 | Adopts organizational / institutional and social ethical values. | | | | | |
10 | Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary. | | | | | |
11 | Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
| | | | X | |
12 | Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
| | X | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
ECTS / Workload Table |
Activities | Number of | Duration(Hour) | Total Workload(Hour) |
Course Hours | 14 | 3 | 42 |
Guided Problem Solving | 0 | 0 | 0 |
Resolution of Homework Problems and Submission as a Report | 14 | 2 | 28 |
Term Project | 14 | 3 | 42 |
Presentation of Project / Seminar | 0 | 0 | 0 |
Quiz | 1 | 5 | 5 |
Midterm Exam | 1 | 10 | 10 |
General Exam | 1 | 15 | 15 |
Performance Task, Maintenance Plan | 3 | 3 | 9 |
Total Workload(Hour) | 151 |
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(151/30) | 5 |
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
FINANCIAL ACCOUNTING | BUS2152750 | Fall Semester | 3+0 | 3 | 5 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Selman DURAN |
Name of Lecturer(s) | Assist.Prof. Selman DURAN |
Assistant(s) | |
Aim | It is intended to teach the management of the financial situation of the business and to instruct the end of the period for the registration and reporting of the business transactions in order to shed light on the decisions taken by the managers. At the end of the course, students are expected to come to the point where they can arrange financial statements such as balance sheet, income statement by accounting financial events that may occur during a period in an enterprise. |
Course Content | This course contains; Introduction to Financial Accounting,Basic Concepts of Financial Accounts,Process of Financial Accounting; Financial Statements and documentsls,General Accounts of Finacial Accounting and Journal Entries,General ledger entries,Current and Fixed assets tranactions,Liabilities and equity transactions,Trial Balance,End-of-period adjustments,Income statement,Closing entries,Adjusted trial balance,Closing balance sheet,Monography. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Will be able to explain the role of the financial accountanting, the difference from other accounting areas.
| 16, 9 | A |
1.1. Explains financial accounting | 9 | A |
1.2. Explains the difference between financial accaounting and other accounting areas | 14, 9 | A |
1.3. Evaluates the functions of financial accounting | 16, 9 | A |
2. Wil be able to explain the financial statements and the accounts of the statements | 16, 9 | A |
2.1. Explains the balance sheet and its accounts | 16, 9 | A |
2.2. Explains income statement and its accounts | 12, 9 | A |
2.3. Explains and exemplifies the balance sheet and income statement | 16, 9 | A |
3. Will be able to make accounting transactions about current asset accounts.
| 16, 9 | A |
3.1. Records the journal entries of the Current Assets item in the journal | 16, 9 | A |
3.2. Records the ledger entries of the Current Assets item in the ledger | 16, 9 | A |
3.3 Performs valuation of current asset accounts | 16, 9 | A |
4. Will be able to make accounting transactions about fixed asset accounts | 16, 9 | A |
4.1. Records the journal entries of the fixed assets item in the journal | 16, 9 | A |
4.2. Records the ledger entries of the fixed Assets item in the ledger | 16, 9 | |
4.3 Performs valuation of current asset accounts | 16, 9 | A |
5. Will be able to make accounting transactions about liability accounts. | 16, 9 | A |
5.1. Records the journal entries of the liabilities item in the journal | 16, 9 | A |
5.2. Records the ledger entries of the liabilities item in the ledger | 16, 9 | A |
5.3 Performs valuation of current asset accounts | 16, 9 | A |
Teaching Methods: | 12: Problem Solving Method, 14: Self Study Method, 16: Question - Answer Technique, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | Introduction to Financial Accounting | |
2 | Basic Concepts of Financial Accounts | |
3 | Process of Financial Accounting; Financial Statements and documentsls | |
4 | General Accounts of Finacial Accounting and Journal Entries | |
5 | General ledger entries | |
6 | Current and Fixed assets tranactions | |
7 | Liabilities and equity transactions | |
8 | Trial Balance | |
9 | End-of-period adjustments | |
10 | Income statement | |
11 | Closing entries | |
12 | Adjusted trial balance | |
13 | Closing balance sheet | |
14 | Monography | |
Resources |
Lecture Notes |
Financial Accounting, Walter T. Harrison Jr., Charles T. Horngren, C. William Thomas, Pearson Education; 10th edition, 2014. |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | Defines the theoretical issues in the field of business administration | X | | | | |
2 | Describes the necessary qualitative and quantitative methods in the field of business and management. | | X | | | |
3 | Uses at least one computer program in the field of business and management
| | | | | |
4 | Sustains proficiency in a foreign language required for business and management.
| | | | | |
5 | Prepares managerial investment projects and work in a team. | X | | | | |
6 | Constantly renews himself / herself by following developments in business and management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got. | | X | | | |
7 | Uses theoretical and practical expertise in the field of business administration | | | X | | |
8 | Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication. | | | | | |
9 | Adopts organizational / institutional and social ethical values. | | | | | |
10 | Within the framework of service responsiveness, adopts social responsibility principles and takes initiative when necessary. | | | | | |
11 | Uses and analyses basic facts and data in different disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
| | | | X | |
12 | Uses and Analyses the fundamental and advanced techniques in the field to enhance business performance, productivity, sustainability,innovation and research, efficiency and effectiveness.
| | X | | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 40 |
Rate of Final Exam to Success | | 60 |
Total | | 100 |
Numerical Data
Ekleme Tarihi: 09/10/2023 - 09:58Son Güncelleme Tarihi: 09/10/2023 - 10:00
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