FINANCIAL ACCOUNTING II PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
ISL104	FINANCIAL ACCOUNTING II	2	3	3	7

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Assoc.Prof. BÜLENT İLHAN
Instructor(s) of the Course Unit	Assist.Prof. ALİ ÖZBEK
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	The course improves conceptual and mathematical abilities required for students to analyze account characters and operation of uniform accounting system.
Contents of the Course Unit:	Basic accounting applications will be discussed within the frame of basic information on accounting, importance of accounting in establishments, parties on accounting, basic balance sheet equation, income statement items and uniform accounting system.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Identify receivable items and classify tangible and intangible assets
Reviews short-term and long-term debt
Applies Company Income Statement
Classifies tangible and intangible assets
Calculates depreciation
Applies dividends and stock splits

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading of the relevant chapter of the course book.	General Revision (General Revision on the subjects of the first term)	Lecturing/Sample Solution
2	Reading of the relevant chapter of the course book.	General Revision Continues(General Revision on the subjects of the first term)	Lecturing/Sample Solution
3	Reading of the relevant chapter of the course book.	What are tangible fixed assets? What is Amortisement? How to amortise. What are Amortisement Methods?	Lecturing/Sample Solution
4	Reading of the relevant chapter of the course book.	Disposing tangible fixed assets; natural resources and How to amortise for intangible fixed assets?	Lecturing/Sample Solution
5	Reading of the relevant chapter of the course book.	What are short-term debts and long-term debts? How to calculate the interest. What are conditional obligations?	Lecturing/Sample Solution
6	Reading of the relevant chapter of the course book.	What is the time value of the money? What is effective interest management? Recognition of this types of transactions	Lecturing/Sample Solution
7	Reading of the relevant chapter of the course book.	What is a Bond? How are they priced? Recognition of bills and bono.	Lecturing/Sample Solution
8	-	MID-TERM EXAM	-
8	-	MID-TERM EXAM	-
9	Reading of the relevant chapter of the course book.	What is a joint stock company? A general view to joint stock company; printing stock certificate and recognition of these transactions	-
10	Reading of the relevant chapter of the course book.	What is retained earnings? How does it appear in the financial statements? How will the dividend distribution be accounted for?	Lecturing/Sample Solution
11	Reading of the relevant chapter of the course book.	Recognition of profit shares distributes as stock certificates; Recognition of treasury bond	Lecturing/Sample Solution
12	Reading of the relevant chapter of the course book.	Preparing income statement for joint stock companies; Preparing undistributed profit statement; What is comprehensive income? How is a comprehensive income statement prepared?	Lecturing/Sample Solution
13	Reading of the relevant chapter of the course book.	Cash Flow Statement; What is its significance? How is the distinguishing made between operating activities, investment activities and financing activities? What is indirect method? How is a cash flow statement prepared in indirect method?	Lecturing/Sample Solution
14	Reading of the relevant chapter of the course book.	How to prepare a cash flow statement according to the indirect method?	Lecturing/Sample Solution
15	Reviewing the examples given in the course	How to prepare cash flow statement by direct method?	Practice on questions and their solutions
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Deegan, C. (2013). Financial accounting theory. McGraw-Hill Education Australia.
Henderson, S., Peirson, G., Herbohn, K., & Howieson, B. (2015). Issues in financial accounting. Pearson Higher Education AU.
Auderis, H.,& Annand, D. (2014). Introduction to Financial Accounting, Valley Educational Services, Canada
BAYAZITLI, E., Celik, O., Gurdal, K., (2017), Genel Muhasebe, Siyasal Bookstore; Ankara
Sevilengül, O. (2011), Genel Muhasebe, Gazi Kitabevi, 16. Baskı, Ankara

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define the basic concepts of economics, administrative and human sciences. (Bloom 1)		1
2	Evaluate the economic environment and overall sustainability of firms. (Bloom 4)				3

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate principles and concepts of economics and finance with other disciplines. (Bloom 4)		1
2	Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)		1

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Interpret the charts and tables related to the field. (Bloom 2)				3

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Evaluate the theoretical models of economic policies which have direct or indirect effects by using the facts and dynamics of the economic system.(Bloom 4)		1
2	Analyze economic and financial reports. ((bloom 4)				3
3	Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)			2
4	Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)		1

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Organize economic and financial activities in humanitarian and social terms with adherence to ethics. (Bloom 4).		1

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Develop a critical perspective on national and international economic, political, social, financial and development problems. (bloom 6)		1

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Follow the agenda on economics, politics and social issues and improve himself/ herself. (bloom 6)		1

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze current issues and problems by using the structure and properties of Macro and Microeconomics and variables. (Bloom 4)		1
2	Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)		1
3	Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)			2
4	Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)		1

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	2	28
Land Surveying	0	0	0
Group Work	14	3	42
Laboratory	0	0	0
Reading	10	3	30
Assignment (Homework)	8	2	16
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	1	10	10
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	1	10	10
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	64	0	180