ISLZ201 Financial Accounting I

5 ECTS - 3-0 Duration (T+A)- 3. Semester- 3 National Credit
Information About Course

Information
Goal, Content & Resources
Course Learning Outcomes
Relation with Program Learning Outcome
Week Plan
Assessment
Student Workload - ECTS

Information

Unit FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
ECONOMICS PR.
Code ISLZ201
Name Financial Accounting I
Term 2020-2021 Academic Year
Semester 3. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 5 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Label C Compulsory
Mode of study Uzaktan Öğretim
Catalog Information Coordinator Prof. Dr. VEYİS NACİ TANIŞ
Course Instructor Prof. Dr. MEHMET ÜNSAL MEMİŞ (Güz) (A Group) (Ins. in Charge)


Course Goal / Objective

Recording all kinds of financial procedures in balance sheet and income statements, financial accounts, accounts, accounting record and tools, generally accepted principles of accounting, account of assets and liabilities.

Course Content

In this course, the basic concepts of accounting as well as the fundemental tables such as balance sheet, income statement, single-and double-sided documents will be examined.

Course Precondition

Resources

Notes



Course Learning Outcomes

Order Course Learning Outcomes
LO01 Recognize the basic concepts and documents related to accounting
LO02 Understand the functioning of balance sheet and income statement accounts and arrange temporary trial balance
LO03 Recall the basic principles of balance sheet and income statement from financial statements
LO04 Recall accounting equation and calculation of capital
LO05 Recall assets and liabilities account
LO06 Recall expense and revenue accounts
LO07 Recall double entry method
LO08 Recall current term transactions
LO09 Recall arrangement of trial balance
LO10 Define main groups and related items of financial statements (e.g. current non-current assets and liabilities, equity)
LO11 Define main groups and related items of financial statements (cost of gooods solds expenses and revenues)
LO12 Define main groups and related items of financial statements (cash flows from operating, investing, financing activities)
LO13 Identify inventory costing, depreciation, and basics of valuation methods to the related accounts
LO14 Recall end of period transactions
LO15 Recall arrangement year-end closing entries


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 - Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 5
PLO01 - Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 5
PLO01 - Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 4
PLO02 - Define the role of pricing within the event advantage of the market economy. 5
PLO02 - Define the role of pricing within the event advantage of the market economy. 2
PLO02 - Define the role of pricing within the event advantage of the market economy. 5
PLO03 - Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 5
PLO03 - Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 1
PLO03 - Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 4
PLO04 - Perceive the costs and benefits arising from the global economy 5
PLO04 - Perceive the costs and benefits arising from the global economy 1
PLO04 - Perceive the costs and benefits arising from the global economy 3
PLO05 - Produce numerical and policy options when confronted with problems. 5
PLO05 - Produce numerical and policy options when confronted with problems. 4
PLO05 - Produce numerical and policy options when confronted with problems. 1
PLO06 - Use quantitative and qualitative techniques of model building, decoding and interpretation. 5
PLO06 - Use quantitative and qualitative techniques of model building, decoding and interpretation. 4
PLO06 - Use quantitative and qualitative techniques of model building, decoding and interpretation. 5
PLO07 - Use the theory of economics in the analysis of economic events. 5
PLO07 - Use the theory of economics in the analysis of economic events. 0
PLO07 - Use the theory of economics in the analysis of economic events. 4
PLO08 - Use computer programs, do synthesis and present prepared data efficiently. 4
PLO08 - Use computer programs, do synthesis and present prepared data efficiently. 3
PLO08 - Use computer programs, do synthesis and present prepared data efficiently. 5
PLO09 - Apply the methods of economic analysis. 4
PLO09 - Apply the methods of economic analysis. 1
PLO09 - Apply the methods of economic analysis. 5
PLO10 - Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 0
PLO10 - Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 4
PLO10 - Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 5
PLO11 - Take responsibility individually and / or in a team, take leadership and work effectively. 5
PLO11 - Take responsibility individually and / or in a team, take leadership and work effectively. 5
PLO11 - Take responsibility individually and / or in a team, take leadership and work effectively. 5
PLO12 - Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. 5
PLO12 - Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. 5
PLO12 - Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. 5
PLO13 - Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. 5
PLO13 - Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. 5
PLO13 - Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. 5
PLO14 - Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. 5
PLO14 - Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. 5
PLO14 - Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. 5
PLO15 - Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. 3
PLO15 - Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. 4
PLO15 - Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. 5
PLO16 - Question traditional attitudes, applications and methods, develop and apply new methods when needed. 5
PLO16 - Question traditional attitudes, applications and methods, develop and apply new methods when needed. 3
PLO16 - Question traditional attitudes, applications and methods, develop and apply new methods when needed. 5
PLO17 - Recognize and apply social, scientific and professional ethical values. 5
PLO17 - Recognize and apply social, scientific and professional ethical values. 3
PLO17 - Recognize and apply social, scientific and professional ethical values. 3


Week Plan

Week Topic Preparation Methods
1 Introduction, Basic Concepts and Principles Reading material related to the topic
2 Accounting Equation and Calculation of Capital Reading material related to the topic
3 Accounting Equation and Calculation of Capital Reading material related to the topic
4 Basic Financial Tables: Balance Sheet and Applications Reading material related to the topic
5 Basic Financial Statements: Income Statement and Applications Reading material related to the topic
6 Account and Its Importance in Accounting: Reviewing Account of Assets and Liabilities Reading material related to the topic
7 Account and Its Importance in Accounting: Reviewing Expense and Revenue Accounts Reading material related to the topic
8 Mid-Term Exam Preparation to Exam
9 Principles and Examples of Double Entry Method Reading material related to the topic
10 Principles and Examples of Double Entry Method Reading material related to the topic
11 Current Term Transactions and Arrangement of Trial Balance Reading material related to the topic
12 Current Term Transactions and Arrangement of Adjusted Balance Reading material related to the topic
13 Current Term Transactions and Arrangement of Adjusted Balance Reading material related to the topic
14 End of Period Transactions and Year-end Closing Entries Reading material related to the topic
15 End of Period Transactions and Year-end Closing Entries Reading material related to the topic
16 Term Exams Preparation to Exam
17 Term Exams Preparation to Exam


Assessment (Exam) Methods and Criteria

Assessment Type Midterm / Year Impact End of Term / End of Year Impact
1. Midterm Exam 100 40
General Assessment
Midterm / Year Total 100 40
1. Final Exam - 60
Grand Total - 100


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
Out of Class Study (Preliminary Work, Practice) 14 3 42
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 12 12
Final Exam 1 18 18
Total Workload (Hour) 114
Total Workload / 25 (h) 4,56
ECTS 5 ECTS

Update Time: 01.05.2025 12:15