This course provides an introduction to the concepts and uses of financial accounting information in a business environment and its role in the economic decision-making process. In this course it is aimed to introduce the basic terminology, concept and techniques on the basis of generally accepted accounting principles to the students. The students are expected to acquire basic understanding of financial statements.
Prerequisite(s)
None
Corequisite(s)
None
Special Requisite(s)
None
Instructor(s)
Assist. Prof. Dr. Nezriye Gözde BİRCAN
Course Assistant(s)
Res.Asst. Ceren Aycan Gürel
Schedule
Monday, 11:00-12:50, L-04, Basın Ekspres Campus (Lecture)
Thursday,09:00-10:50, L-04, Basın Ekspres Campus (Recitation)
Office Hour(s)
Monday, 13:00-14:50, B-806, Basın Ekspres Campus
Teaching Methods and Techniques
-Oral presentations
-Examples and practices
-Case studies
Principle Sources
-"Hongren's Accounting- The Financial Chapters", Traice Miller Nobles, Brenda Mattison and Ella Mae Matsumura, Pearson Education, Eleventh Edition, 2016.
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction to accounting and importance of accounting
Oral presentation
2. Week
Accounting information system, branches of accounting and the functions of accounting
Oral presentation
3. Week
Accounting documentation system ve legal frameworks for accounting practices
Oral presentation
4. Week
The basic accounting principles and assumptions
Oral presentation and case studies
5. Week
The basic accounting (balance sheet) equation
Oral presentation and practices
6. Week
Types of accounts, working rules for accounts, computation of normal balances and preparing a trail balance
Oral presentation and practices
7. Week
Double entrying book-keeping system and recording process (general journal and ledger records)
Oral presentation and practices
8. Week
Mid-term exam
-
9. Week
Merchandise transactions and accounting of them
Oral presentation and practices
10. Week
The concept of VAT and recording process of it
Oral presentation and practices
11. Week
Tangible assets (PPEs)
Oral presentation and practices
12. Week
Intangible asssets
Oral presentation and practices
13. Week
The concept of depreciation and depreciation methods for tangible assets.
Oral presentation and practices
14. Week
Final exam
-
15. Week
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
20
Quizzes
2
20
Final Exam
1
60
Program Outcomes
PO-1
Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2
Applies mathematical, scientific, and social knowledge to business problems.
PO-3
Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioral sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4
Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5
Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modeling and interpreting (critical thinking).
PO-6
Designs a business process in any functional stage that complies with identified objectives.
PO-7
Develop effective business communication skills (written-verbal/formal-informal).
PO-8
Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9
Acts with a sense of professional and ethical responsibility.
PO-10
Improves effective verbal and written communication skills in English, and acquires competence in a minimum of one foreign language.
PO-11
Acquires basic knowledge about sustainable business understanding, sustainable business functions, and the concept of sustainability.
PO-12
In line with the requirements of the digital age, they gain experience and knowledge to see and analyze the business as a whole, analyze market behavior, sales, and planning, budget management, financing, create a strategy, read competitor strategies, construct scenarios and performance evaluation skills through teamwork on a virtual simulation program.
PO-13
Having both basic computer usage knowledge and advanced Excel usage knowledge required by the business world for writing formulas, data analysis, modeling, and using macros.
PO-14
Acquires knowledge and skills about current information systems and how to use these systems in business problems.
writing formulas, data analysis, modeling, and using macros.
Learning Outcomes
LO-1
Understanding fundamentals of accounting information and documentation system
LO-2
Understanding the basic principles and concepts of accounting
LO-3
Understanding double-entry bookkeeping system with general journal and ledger records
LO-4
Having knowledge about trial balance and basic financial statements (balance sheet and income statement) including with process of preparing them.
LO-5
Gaining information about creating the basic accounting equation.
LO-6
Having information about types of accounts, normal balances of accounts and working rules for accounts.
LO-7
Having knowledge about tangible & intangible assets including with depreciation
