Apply the generally accepted accounting principles while preparing the financial statements.
Identify specific journals for each type of transaction.
Determine and classify the internal events requiring adjustment, journalize and post adjusting entries.
Determine, journalize and post-closing entries.
Prepare the classified income statement and balance sheet.
Prepare and process financial data.
Understand accounting and business terminology used in business scenarios.
Mode of Delivery
Face to face
Prerequisites
Yes(MAN221)
Recommended Optional Programme Components
None
Course Description
This course introduces the students to the account-by-account examination of financial statement elements, inventory costing methods, revaluation for fixed assets, depreciation methods, accounting for short-term investments, accounting for long-term investments, preparation of financial statements other than the basic financial statements and inflation accounting.
Students who miss more than 30% of total class hours receive an F2 grade.
Course Contents
WEEK
TOPICS
1st Week
Receivables
2nd Week
Inventories
3rd Week
Inventories (continued)
4th Week
Other Segments of Current Assests
5th Week
Tangible and Intagible fixed Assets
6th Week
Tangible and Intagible fixed Assets (continued)
7th Week
Midterm
8th Week
Tangible and Intagible fixed Assets (continued)
9th Week
Other Non-Current Assets
10th Week
Short Term and Long Term Liabilities
11th Week
Equities
12th Week
Revenues and Expense Accounts
13th Week
Cost Accounts
14th Week
Memo Accounts
Recommended or Required Reading
O. Sevilengül, Genel Muhasebe, 15. Baskı, Gazi Kitabevi, 2009
O. Sevilengül, Çözümlü Genel Muhasebe Problemleri, Gazi Kitabevi, 2010
Planned Learning Activities and Teaching Methods
Lecture
Problem Solving
Assessment Methods and Criteria
Quantity
Percentage (%)
Mid-term
1
40
Total(%)
40
Contribution of In-term Studies to Overall Grade(%)
40
Contribution of Final Examination to Overall Grade(%)
