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 PO1: Engaged in insightful thinking leading to self-learning and lifelong learning.
- P02 PO2: Established a general knowledge of economics sufficient to work independently through specific learned techniques generated via individual efforts and study.
- P03 PO3: Reached the required knowledge and skills to understand social, economic and legal issues both within national, international and global contexts and apply theoretical knowledge of economics to practice.
- P04 PO4: Adopted the ability to critically evaluate, analyze and interpret information gathered through the use of related statistical software programs to suggest creative solutions for economic problems and make relevant economic decisions.
- P05 PO5: Been aware of gathering and analyzing data through the application of appropriate technological tools in an ethical and safe manner in order to generate economic decisions and policy suggestions.
- P06 PO6: Been equipped with conceptual and analytical skills essential for team-working and collaborations for economic decision making for a variety of economic concepts in national and global environment.
- P07 PO7: Endowed with both oral and written communication skills within the economic field to effectively study and work in an international environment
- P08 PO8: Been able to transfer theoretical knowledge to real life economic environment: to generate policies for microeconomic and macroeconomic problems faced by individuals, firms and governments at national, international and global context.
- P09 PO9: Developed an ability to apply economic analysis to everyday problems in real world through the development of ethical perspectives and social responsibilities at work and in personal life.
Po-Lo Matrix
The PO-LO matrix has not been populated yet.