COURSE INFORMATON
Course Title
Financial Accounting
Code
Semester
L+P Hour
Credits
ECTS
BUS 205
Spring, Fall
3+0
3
5
Prerequisites
-
Language of
Instruction
English
Course Level
Master’s Degree
Course Type
Compulsory
Course Coordinator
-
Instructors
Assistants
-
Goals
The aim of the this course is to provide students with a basic accounting
background. The role of accounting as a decision making tool is
emphasized throughout the course.
The complete accounting cycle, primary terms in accounting,
preparation of financial statements, accounting for service businesses
Content
and merchandising activities are among the major topics covered during
the semester
Learning Outcomes
Teaching
Methods
Assessment
Methods
1. Define the term of Accounting, classify its types, and clarify
the reason of the accounting produce information for whom
1,2,3,12
and for what, know the importance of accounting, its place in
the companies and companies.
2. Explain the function of active and passive accounts, balance
sheet, income statement and costs accounts and its
1,2,3,9,12,15
relationship with each other.
3. Explain the basic dynamics of the accounting system, how it
works in any business process, establish the relationships
1,3,9,12,15
between general accounting and other accounting records
maintained in this direction.
4. Record the necessary accounting transactions of at the
1,3,9,12,15,14
beginning, and at the end of the period.
A, B
A, B
A, B
A, B
Teaching
Methods:
1: Lecture, 2: Question-Answer, 3: Discussion, 9: Simulation, 12: Case
Study, 4: Practice, 12: Case Study, 14: Self Study, 15: Problem Solving
Assessment
Methods:
A: Testing, B: Discussions
COURSE CONTENT
Week Topics
Study Materials
1 The basic equation of accounting
2 Account concept and their working rules
3 Accounting Flow and Recording Materials
4
General Accepted Accounting Principles, Turkish Unıform Chart of
Account
5 Cash Transactions and securities transaction in accounting
6 Adjusting Entries
7 Prepayment and deposit transaction
8 Calculation and journalising tha wages
9 Mid-term exam
10 Non-current assets and depreciaiton
11 Closing the revenues and expenses account
12 Merchandise inventory and the Cost of the Sales
13 Case study
14 Final Exam
RECOMMENDED SOURCES
Textbook
Accounting (7th Edition or later) Horngren & Harrison
Additional Resources -
MATERIAL SHARING
Documents
Exercises related to the topics covered in class, additional course documents.
Exams
Midterm, final exam
ASSESSMENT
IN-TERM STUDIES
NUMBER
PERCENTAGE
Mid-terms
1
30
Discussions
2
10
Total
CONTRIBUTION OF FINAL EXAMINATION TO OVERALL
GRADE
40
60
CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE
40
Total
COURSE CATEGORY
100
Expertise Courses
COURSE'S CONTRIBUTION TO PROGRAM
Contribution
No Program Learning Outcomes
1 2 3
1
2
3
4
Students should demonstrate their knowledge of the essential body of
knowledge in business management (functions of management: organization
theory: policy and strategy: information, technology and operations
management; human capital management; accounting; finance; marketing;
economics; and an integrated perspective).
6
9
X
Students should demonstrate their comprehension of basic economics, law
and social sciences which shape the global business environment and their
ability to make decisions via these knowledge.
Students should be able to effectively communicate in writing or orally in
global business environment.
8
X
Students should demonstrate the ability to understand the dynamics of
global business environment; follow the changes and improvements and
understanding the importance of flexibility and creativity in the changing
global business world.
5
Students should be able to appreciate and recognize contributions of
individuals from diverse cultures, and should be able to effectively
communicate, positively contribute and work as a team member.
Students should be able to use common information and communication
technologies employed in business management.
Students should be able to define problems related with business processes,
gather data, choose the required methods to analyze the data, evaluate the X
results and identify the necessary practices and communicate their ideas
5
X
Students should demonstrate their ability to construct strategy, make
organizational decisions and define the required processes to execute these
decisions by utilizing the concept and knowledge in business management
and by considering cultural and ethical values.
Students should demonstrate their ability to communicate effectively and
work in harmony with members from different disciplines
X
7
4
X
X
X
X
effectively.
10
Students should demonstrate their ability to make contributions in business
team or project groups, take responsibility and take the leadership role.
X
Students should demonstrate their understanding of business ethics and
social responsibility concepts and motivation to take active role in these
11
X
subjects.
Students should be able to have required English proficiency to follow the
current events and improvements in their professional area and to
12
communicate their ideas in international business arena.
X
Students should understand the importance of lifelong learning to maintain
13 personal and professional development.
14
X
Students should demonstrate that they have the discipline and responsibility
to conduct and independent study, project, research.
X
ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities
Quantity
Total
Duration
Workload
(Hour)
(Hour)
Course Duration (Including the exam week: 16x Total course
hours)
16
3
48
Hours for off-the-classroom study (Pre-study, practice)
16
3
48
Mid-terms
1
3
3
Final examination
1
3
3
Total Work Load
102
Total Work Load / 25 (h)
4,25
ECTS Credit of the Course
5