FINANCIAL ACCOUNTING I PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
BUS103	FINANCIAL ACCOUNTING I	1	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	-
Coordinator of the Course Unit	Assist.Prof. ÇAĞLA TUĞBERK ARIKER
Instructor(s) of the Course Unit	Assist.Prof. DINI VERDENIA
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 concepts underlying accounting measurement
Explain the role of accounting information system and functions of accounting.
Listing and providing the financial data from the annual reports of the company.
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
Course notes
Deegan, C. (2013). Financial accounting theory. McGraw-Hill Education Australia.
Dauderis, H.,& Annand, D. (2014). Introduction to Financial Accounting, Valley Educational Services, Canada
Needles, Belverd E., Powers, Marian, Crosson, Susan V.. (2014). Principles of Accounting (12th ed. pdf ed.). United States: South-Western Cengage Learning.

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 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 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