PRINCIPLES OF ACCOUNTING

HCM241

Course Code: HCM241
Semester: Third Term (Fall)
Theory+Practice: 3 + 0
ECTS: 5

Course Type

Compulsory Course

Course Level

Bachelor's Degree

Year of Study

Semester

Third Term (Fall)

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

Learns generally accepted accounting principles and concepts,
Can do the accounting records,
Prepare the Peridod-end transactions,
Can do preparaton of financial statements.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

There is no recommended optional programme component for this course.

Course Description

This course is designed to introduce the basic financial accounting terms, concepts and rules. Emphasis is placed on covering the generally accepted principles of accounting, basic accounting concepts, accounting cycle, recording process and preparation of financial statements.

Course Contents

WEEK	TOPICS
1^st Week	Basic information, definition and types of accounting, context of accounting, accounting profession
2^nd Week	Basic accounting equation, assets, debt and equity, income and expenses
3^rd Week	Account concept, functioning of accounts, stages in the recording process and recording environments in accounting
4^th Week	Adjustment records, types of adjustment records, preparation of adjusted trial balance
5^th Week	Uniform chart of accounts and its operation
6^th Week	Closing records
7^th Week	Closing records
8^th Week	Midterm exam I
9^th Week	Liquid assets
10^th Week	Liquid assets
11^th Week	Securities
12^th Week	Securities
13^th Week	Midterm exam II
14^th Week	Receivables
15^th Week	Receivables

Recommended or Required Reading

Orhan Sevilengül, Genel Muhasebe, Gazi Kitabevi
Orhan Sevilengül, Çözümlü Genel Muhasebe Problemleri, Gazi Kitabevi

Planned Learning Activities and Teaching Methods

Lecture
Discussion
Problem Solving

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	2	50
Practice	1	10
Total(%)		60
Contribution of In-term Studies to Overall Grade(%)		60
Contribution of Final Examination to Overall Grade(%)		40
Total(%)		100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Midterm exam	2	2	4
Preparation for Quiz	0	0	0
Individual or group work	14	3	42
Preparation for Final exam	1	20	20
Course hours	14	3	42
Preparation for Midterm exam	2	15	30
Laboratory (including preparation)	0	0	0
Final exam	1	2	2
Homework	0	0	0
Performance Practice	1	5	5
Total Work Load			145
Total Work Load / 30 (h)			4.83
ECTS Credit of the Course			5

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4
K1	X	X	X	X
K2
K3
K4
K5		X	X	X
K6	X	X	X	X
K7	X	X	X	X
K8
K9
K10