COURSE INTRODUCTION AND APPLICATION INFORMATION


Course Name
Financial Accounting
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
EISL 560
Fall/Spring
3
0
3
5
Prerequisites
None
Course Language
Turkish
Course Type
Service Course
Course Level
-
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator
Course Lecturer(s)
Assistant(s) -
Course Objectives The principles of accounting course introduces to actual accounting practices and techniques. The real focus of the course is uncovering the meaning of accounting information and how decision makers use this information. Throughout this course students will be provided with financial accounting concepts to give an understanding of how accounting information is made available for those who may be a manager at any level. Moreover, how to use accounting information for managers in decision making process will be examined. Basic accounting issues will be covered more detailed in the context of graduate students.
Learning Outcomes The students who succeeded in this course;
  • Will be able to explain fundamental concepts of accounting
  • Will be able to explain the concepts such as; asset, liability, revenue and expense
  • Will be able to perform bookkeeping process in accounting.
  • Will be able to prepare journal, ledger and trial balance and will be able to perform closing entries in the context of accounting process
  • Will be able to explain how a financial statement is prepared at the end of the accounting cycle.
Course Description This course aims to set the fundamental basis for the future accounting courses by covering the bookkeeping process and the reporting of the basic financial statements as the balance sheet, income statement, the statement of cash flows, and the statement of retained earnings.
Related Sustainable Development Goals

 



Course Category

Core Courses
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Introduction to Accounting
2 Overview of the Accounting Environment
3 Financial Statements and Underlying Accounting Concepts
4 Completing the Accounting Cycle
5 Completing the Accounting Cycle
6 Merchandise Transactions
7 Merchandise Transactions
8 Midterm
9 Inventories
10 Current Assets and Current Liabilities
11 Measures of Operating Capacity
12 Measures of Operating Capacity
13 Long Term Liabilities and Equity
14 Financial Statements
15 Review of the semester
16 Final Exam
Course Notes/Textbooks
Suggested Readings/Materials

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
5
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
1
5
Seminar / Workshop
Oral Exam
Midterm
1
10
Final Exam
1
80
Total

Weighting of Semester Activities on the Final Grade
3
20
Weighting of End-of-Semester Activities on the Final Grade
1
80
Total

ECTS / WORKLOAD TABLE

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
15
7
105
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
1
25
Final Exams
1
47
    Total
225

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest