FINANCIAL ACCOUNTING I PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
ISL103	FINANCIAL ACCOUNTING I	1	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. MERVE ÖZ
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course is designed to teach the students basic accounting transaction used in a company's operation. Students learn the basic accounting principles and how to prepare financial statements.
Contents of the Course Unit:	The course of Accounting I starts with foundations, definitions and types of accounting. It also includes the accounting cycle containing commercial transactions, balance, joint entries and preparation of financial statements.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Define basic accounting concepts
Explain the role of accounting information system and functions of accounting.
List financial data from annual reports of corporations
Calculate VAT
Explain concepts and procedures of financial reporting including trial balance, balance sheet, and income statement

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Literature Review	Accounting Definition, Types, Users and Concepts	Lecture, problem solving
2	Literature Review	Basic Financial Statements in Accounting	Lecture, problem solving
3	Literature Review	Concept of Accounts and Operation of Account Records	Lecture, problem solving
4	Literature Review	Double-Sided Recording Method Sample Applications	Problem Solving, Student Application
5	Literature Review	TDHP and Ledger	Lecture, problem solving
6	Literature Review	Current and Fixed Assets	Lecture, problem solving
7	Literature Review	Foreign Resources and Equity	Lecture, problem solving
8	-	MID-TERM EXAM	-
9	Literature Review	Trade Goods Account Registration method and VAT Calculation	Lecture, problem solving
10	Literature Review	Income Accounts	Lecture, problem solving
11	Literature Review	Expense and Cost Accounts	Lecture, problem solving
12	Literature Review	Accounting Process	Lecture, problem solving
13	Literature Review	Year-end transactions and inventory	Lecture, problem solving
14	Literature Review	Monography Example Covering All Processes	Lecture, problem solving
15	Literature Review	Monography Application Covering All Processes	Lecture, problem solving
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
LECTURE NOTES
Conkar, K. (2010), Genel Muhasebe, Ankara
Sevilengul, O. (2011), Genel Muhasebe, Gazi Bookstore, 16th Edition, Ankara
Deegan, C. (2013). Financial accounting theory. McGraw-Hill Education Australia.
Kaygusuz S., Alsan Ü, Kepçe N., Genel Muhasebe I, T.C. Anadolu Üniversitesi Yayın no:2654

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)			2

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)			2

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)		1

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)			2
3	Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)		1
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	3	42
Land Surveying	0	0	0
Group Work	2	6	12
Laboratory	0	0	0
Reading	14	1	14
Assignment (Homework)	14	2	28
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	14	1	14
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	76	0	174