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FINANCIAL ACCOUNTING II PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BUS104 FINANCIAL ACCOUNTING II 2 3 3 7

GENERAL INFORMATION

Language of Instruction : English
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 Face to face
Coordinator of the Course Unit Assist.Prof.Dr. HÜLYA YILMAZ
Instructor(s) of the Course Unit Assist.Prof.Dr. METİN UYAR

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)

List receivable items.
Classify the tangible and intangible assets
Calculate amortization.
Define short and long term liabilities.
Record dividends and share splits
Prepare Company Income Statement.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Literature review General Revision (General Revision on the subjects of the first term) Lecture & Question and Answer & Discussion
2 Literature review What are tangible fixed assets? What is Amortisement? How to amortise. What are Amortisement Methods? Lecture & Question and Answer & Discussion
3 Literature review Disposing tangible fixed assets; natural resources and How to amortise for intangible fixed assets? Lecture & Question and Answer & Discussion
4 Literature review What are short-term debts and long-term debts? How to calculate the interest. What are conditional obligations? Lecture & Question and Answer & Discussion
5 Literature review What is bill (bono)? How are they priced? Recognition of bills and bono. Lecture & Question and Answer & Discussion
6 Literature review What is the time value of the money? What is effective interest management? Recognition of this types of transactions Lecture & Question and Answer & Discussion
7 Literature review What is a joint stock company? A general view to joint stock company; printing stock certificate and recognition of these transactions Lecture & Question and Answer & Discussion
8 Literature review What is undistributed profit? How are they placed in financial statements? Recognition of distribution of profit share Lecture & Question and Answer & Discussion
9 - MID-TERM EXAM -
10 Literature review Recognition of profit shares distributes as stock certificates; Recognition of treasury bond Lecture & Question and Answer & Discussion
11 Literature review Preparing income statement for joint stock companies; Preparing undistributed profit statement; What is comprehensive income? How is a comprehensive income statement prepared? Lecture & Question and Answer & Discussion
12 Literature review 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? Lecture & Question and Answer & Discussion
13 Literature review How is a cash flow statement prepared in direct method? Lecture & Question and Answer & Discussion
14 Literature review Reviewing the term Lecture & Question and Answer & Discussion
15 Literature review Solving example questions Lecture & Question and Answer & Discussion
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.
Journal of Financial Reporting and Accounting

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Mid-Term Exam 1 40
Final Exam 1 60
Practice 0 0
Short Exam 0 0
Presentation of Report 0 0
Homework Assessment 0 0
Oral Exam 0 0
Presentation of Thesis 0 0
Presentation of Document 0 0
Expert Assessment 0 0
Computer Based Presentation 0 0
TOTAL 2 100
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Define the theories, concepts and principles of the basic and sub-fields of business.
5
2
Explain business functions and processes based on current scientific sources.
3

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate internationally valid business cases with the theories and concepts of other social sciences.
2

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.
4

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Use the theoretical and factual knowledge in business for occupational practices.
2
2
Solve individual and organizational problems in business life.
2
3
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
1

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Plan research and work using knowledge and skills gained in the field of business.
2
2
Organize the activities for organizational goals and purposes independently.
3

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Criticize advanced knowledge and skills in the field with a critical approach.
1
2
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
0

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
1
2
Use the information and communication technology software and equipment required for business.
0

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.
1
2
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
0

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 42
Preliminary & Further Study 14 42
Land Surveying 0 0
Group Work 8 24
Laboratory 0 0
Reading 6 18
Assignment (Homework) 10 30
Project Work 0 0
Seminar 0 0
Internship 0 0
Technical Visit 0 0
Web Based Learning 0 0
Implementation/Application/Practice 6 18
Practice at a workplace 0 0
Occupational Activity 0 0
Social Activity 0 0
Thesis Work 0 0
Field Study 0 0
Report Writing 0 0
Final Exam 1 1
Preparation for the Final Exam 0 0
Mid-Term Exam 1 1
Preparation for the Mid-Term Exam 0 0
Short Exam 0 0
Preparation for the Short Exam 0 0
TOTAL 60 176
Total Workload of the Course Unit 176
Workload (h) / 25.5 6,9
ECTS Credits allocated for the Course Unit 7,0