Course Name | Financial Accounting I |
Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
---|---|---|---|---|---|
MUH 100 | Fall | 3 | 0 | 3 | 5 |
Prerequisites | None | |||||
Course Language | Turkish | |||||
Course Type | Required | |||||
Course Level | Short Cycle | |||||
Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | ||||||
Course Coordinator | - | |||||
Course Lecturer(s) | ||||||
Assistant(s) | - |
Course Objectives | The purpose of this course is to provide students with the relevant and sufficient information necessary to manage accounting entries and prepare the balance sheet. |
Learning Outcomes | The students who succeeded in this course;
|
Course Description | Students will be able to explain the main principles of accounting, applying the rules and principles of accounting, they will be able to manage accounting entries and prepare the accounting ledgers and the balance sheet for the end of the period. |
Related Sustainable Development Goals | |
| Core Courses | X |
Major Area Courses | ||
Supportive Courses | ||
Media and Managment Skills Courses | ||
Transferable Skill Courses |
Week | Subjects | Required Materials |
1 | Definition and functions of accounting, users of accounting information, scope and basic principles of accounting | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 7-34. |
2 | Definition of the the balance sheet, equation of balance sheet, effects of financial transactions on balance sheet | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 35-38. |
3 | Account concept, the functioning of the accounting rules, the accounting process | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 45-62. |
4 | Opening balance sheet, compilation of data and documents, accounting entries journals to the ledger | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 63-81. |
5 | Monthly trial balance, general trial balance , inventory transactions, adjusted trial balance, balance sheet and income statement for the end of the period | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 85-100. |
6 | Monthly trial balance, general trial balance , inventory transactions, adjusted trial balance, balance sheet and income statement for the end of the period | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 101-128. |
7 | Practices | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 63-128. |
8 | MIDTERM | MIDTERM |
9 | Liquid assets | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 160-193. |
10 | Securities | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 198-230. |
11 | Receivables | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 231-291. |
12 | Inventories | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 292-304. |
13 | Prepaid expenses, income accruals and other current assets | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 382-390. |
14 | Accounting entries for non-current assets | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 401-480. |
15 | Practices | Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Pages: 160-480. |
16 | FINAL | FINAL |
Course Notes/Textbooks | Coursebook: Genel Muhasebe, Prof. Dr. Orhan SEVİLENGÜL, 2013, ISBN: 9757313182. Additional Resource: Genel Muhasebe, A. Tugay YÜCEL, 2018, ISBN: 978-6059146517. Additional Resource: SMMM Yeterlik Sınavları İçin Muhasebe, Doç. Dr. Volkan DEMİR, Yrd. Doç. Dr. Oğuzhan BAHADIR, 2014, ISBN: 978-6051337425. |
Suggested Readings/Materials | www.kgk.gov.tr and Course Notes. |
Semester Activities | Number | Weighting |
Participation | 1 | 10 |
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments | ||
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exam | ||
Midterm | 1 | 40 |
Final Exam | 1 | 50 |
Total |
Weighting of Semester Activities on the Final Grade | 2 | 50 |
Weighting of End-of-Semester Activities on the Final Grade | 1 | 50 |
Total |
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
Study Hours Out of Class | 14 | 4 | 56 |
Field Work | |||
Quizzes / Studio Critiques | |||
Portfolio | |||
Homework / Assignments | |||
Presentation / Jury | |||
Project | |||
Seminar / Workshop | |||
Oral Exam | |||
Midterms | 1 | 20 | |
Final Exams | 1 | 22 | |
Total | 146 |
# | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
1 | To be able to explain the scope, importance and functions of the accounting process | X | ||||
2 | To be able to recognize regulatory and supervisory agencies together with relevant and competent stakeholders in the field of accounting | X | ||||
3 | To be able to register, correct and close the financial transactions in the related accounting records within the accounting cycle | X | ||||
4 | To be able to analyze the financial statements like balance sheet and income statement | |||||
5 | To be able to use computer related software programs and field related computer applications | |||||
6 | To be able to recognize, organize, store the documents used in commercial life and to be able gain skills in office layout, archiving and personnel management | X | ||||
7 | To have the general knowledge about laws and specific legislation about taxes, social security, capital markets and foreign exchange | |||||
8 | To be able to explain the economic situatons by analyzing the concepts of the economic, the general functioning of the system and the relationship between the elements of the system and the economic phenomena | |||||
9 | To be able to develop the analytical thinking skills required for the solution of professional problems and applies the rules of mathematics and logic | |||||
10 | To be able to use the english at the general level of European Language Portfolio A2 to communicate effectively with his / her colleagues and to follow up necessary professional sources in his/her field | |||||
11 | To be able to make decisions based on the principles of professional ethics, accountability and responsibility | |||||
12 | To have the ability to work effectively in individual and multi-disciplinary teams and to use them in their work environment | |||||
13 | To have a broad perspective on social and academic aspects by closely following the developments in various different subjects in or out of the scope of his/her profession |
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest