ACCOUNTING-II
- Course
- ACFN212 - ACCOUNTING-II
- Department
- Accounting and Finance - English - Undergraduate
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 7
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- -
- Prerequisite
- -
Course Description
Students will develop advanced skills that build upon those acquired in Accounting I. Additional accounting skills such as reconciling uncollectible accounts, calculating depreciation on assets, interpreting financial information, and calculating notes and interest will be developed. Computerized accounting will again be incorporated as an essential tool where resources are available. On successful completion of this course, all students will have developed knowledge on how to prepare a bank reconcitiation, record merchandising activities in perpetual and periodic inventory systems, account for uncollectible receivables, account for marketable securities, calculate depreciation for tangible fixed assets using different depreciation methods, account for short-term and long-term liabilities and stokholders’s equity.
ACCOUNTING-II
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
No course outcomes have been defined yet.
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Introduction |
| Week 2 | Merchandising Activities |
| Week 3 | Exercies |
| Week 4 | Financial Assets |
| Week 5 | Exercies |
| Week 6 | Inventories and Cost of Goods Sold |
| Week 7 | Exercies |
| Week 8 | Quiz 1 |
| Week 9 | Midterm |
| Week 10 | Plant and Intangible Assets |
| Week 11 | Exercies |
| Week 12 | Liabilities |
| Week 13 | Exercies |
| Week 14 | Exercies |
| Week 15 | Quiz 2 |
Reference Books & Course Materials
- 01 Williams, Haka, Bettner, Financial & Managerial Accounting, 17th Edition, McGraw-Hill 2015
Learning Outcomes
- L01 Develop an intensive coverage of financial accounting. SOLO 5
- L02 Demonstrate ability to understand merchandising and service activities SOLO 4
- L03 Perform accounting entries for advanced accounting treatments SOLO 4
- L04 Implement accounting standards SOLO 4
- L05 Evaluate financial statements SOLO 5
Program Outcomes
- P01 1- To have advanced theoretical and practical knowledge supported by textbooks, application tools and other resources including current information in the field of Accounting and Finance.
- P02 2- To be able to use advanced theoretical and practical knowledge acquired in the field of Accounting and Finance.
- P03 3- To be able to interpret and evaluate data, identify problems, analyze and develop solutions based on research and evidence by using advanced knowledge and skills acquired in the field of Accounting and Finance.
- P04 4- To be able to take responsibility as an individual and a team member in order to solve complex and unpredictable problems in accounting and finance applications.
- P05 5- To be able to plan and manage activities for the development of employees under the responsibility of a project.
- P06 6- To be able to determine the learning requirements in the field of Accounting and Finance and to direct their learning.
- P07 7- To be able to inform people and institutions about issues related to the field of accounting and finance, and to be able to transfer their ideas and solution proposals in writing and orally.
- P08 8- To be able to use information and communication technologies together with computer software at the European Computer Driving License Advanced Level required by the field of Accounting and Finance.
- P09 9- To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the results related to the field of accounting and finance.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | Average |
|---|---|---|---|---|---|---|---|---|---|---|
| L01 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 2 | 4 | 3.78 |
| L02 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 2 | 4 | 4.11 |
| L03 | 0 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3.44 |
| L04 | 4 | 5 | 5 | 5 | 5 | 4 | 4 | 2 | 5 | 4.33 |
| L05 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 1 | 5 | 4 |