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 |
Assist.Prof. ÇAĞLA TUĞBERK ARIKER |
Instructor(s) of the Course Unit |
Assist.Prof. MEHMET ŞİRİN YAKUT |
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 |
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.
|
|
|
|
|
4 |
|
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.
|
|
|
|
3 |
|
|
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.
|
|
|
|
|
|
5 |
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.
|
|
|
|
|
4 |
|
2 |
Solve individual and organizational problems in business life.
|
|
|
|
|
4 |
|
3 |
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.
|
|
|
|
|
4 |
|
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.
|
|
|
2 |
|
|
|
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.
|
|
|
|
3 |
|
|
2 |
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.
|
|
|
|
3 |
|
|
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.
|
|
|
2 |
|
|
|
2 |
Use the information and communication technology software and equipment required for business.
|
|
|
|
|
4 |
|
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 the collection of data, their implementation, interpretation and announcement of results in the field of business.
|
|
|
2 |
|
|
|
2 |
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.
|
|
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 |
|
Total Workload of the Course Unit |
174 |
|
|
Workload (h) / 25.5 |
6,8 |
|
|
ECTS Credits allocated for the Course Unit |
7,0 |
|