ACCOUNTING-I
- Course
- ACFN211 - ACCOUNTING-I
- 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
This course is an introduction to the financial statement which contains theory, practice and application of accounting principles. The objective of this course is to achieve a strong foundation of accounting principle and to ensure the students understand the process of classifying, reporting, evaluating and interpreting financial information. Accounting helps students to build a foundation upon which they will continue to learn and grow in their study. By the completion of the course students should be able to do the following: 1-Identifying the steps in accounting cycle, 2- Interpreting and recording the business transactions, 3-Classifying the similar transactions into useful reports, 4- Summarizing and communicating information to decision makers.
ACCOUNTING-I
Evaluation Tools (Active Term)
| Item | Type | Weight (%) |
|---|---|---|
| Mıdterm | Midterm | 30 |
| Fınal | Final | 40 |
| QUIZ | Quiz | 30 |
| Total | 100 | |
Course outcomes
- 01 Identify the steps in accounting cycle
- 02 Interpret and record the business transactions
- 03 Classify the similar transactions into useful reports
- 04 Summarize and communicate information to decision makers
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Accounting: The Language of Business |
| Week 2 | Solving Exercises |
| Week 3 | Basic Financial Statements |
| Week 4 | Solving Exercises and Problems |
| Week 5 | The Accounting Cycle: Capturing Economic Events |
| Week 6 | Solving Execises and Problems |
| Week 7 | Mid-term examination |
| Week 8 | Accruals and Deferrals |
| Week 9 | Accruals and Deferrals |
| Week 10 | Reporting Financial Results |
| Week 11 | Solving Problems |
| Week 12 | Merchandising Activities |
| Week 13 | Merchandising Activities |
| Week 14 | Solving Problems |
| Week 15 | Final Exam |
Reference Books & Course Materials
- 01 Williams, Haka, Bettner, Financial & Managerial Accounting, 17th Edition, McGraw-Hill 2015
Learning Outcomes
No learning outcomes have been defined.
Program Outcomes
- P01 1. Gained the necessary skills to learn and adopt a spirit of continuous learning in their professional life.
- P02 2. Developed various skills by working independently via specific learned techniques that both triggered individual efforts and encouraged collaborative work.
- P03 3. Acquired the essential knowledge and skills to apply key theories, models and applications within the global business context.
- P04 4. Adopted and applied critical and strategic thinking together with research capabilities for efficient and effective business decisions.
- P05 5. Utilized and managed ethically information technologies required for contemporary business world.
- P06 6. Been equipped with conceptual and analytical skills necessary for team work within global organizations.
- P07 7. Displayed their learnt communication skills that are required to effectively interact in a cross cultural and diverse international work environment.
- P08 8. Applied their acquired knowledge within the changing work environment.
- P09 9. Developed an understanding of ethical perspectives and social responsibilities to be used at work and in personal life.
Po-Lo Matrix
The PO-LO matrix has not been populated yet.