Explain the definition, importance, basic concepts, and principles of accounting.
Understand the operation of the accounting system, types of accounts, principles of recording accounts, and their monitoring.
Gain knowledge about basic financial statements.
Recognize the Uniform Accounting System applied in Turkiye.
Learn the nature, operation, and valuation of current asset accounts.
Learn the accounting cycle and its applications.
Mode of Delivery
Face to face
Prerequisites
No
Recommended Optional Programme Components
None
Course Description
This course covers the fundamental concepts and topics of financial accounting, such as accounting principles, the accounting cycle, various types of accounts, the recording and tracking of accounts, and the preparation of balance sheets and income statements.
Course Contents
WEEK
TOPICS
1st Week
General information about businesses, the relationship between management and accounting, and general information on accounting
2nd Week
Accounting system outputs: balance sheet and income statement
3rd Week
Accounting books and documents
4th Week
Basic concepts and principles of accounting
5th Week
Concept of accounts: the relationship between main and subsidiary accounts, double-entry bookkeeping
6th Week
Operation characteristics of accounts, basic financial statements
7th Week
Problem solving
8th Week
Midterm exam
9th Week
Introduction to the Uniform Accounting System
10th Week
Monitoring asset accounts
11th Week
Current assets
12th Week
Cash and equivalents
13th Week
Securities
14th Week
Trade receivables, other receivables
Recommended or Required Reading
Sevilengül, O. (2020). Genel muhasebe (19th ed.). Gazi Kitabevi.
Planned Learning Activities and Teaching Methods
Lecture
Questions/Answers
Discussion
Assessment Methods and Criteria
Quantity
Percentage (%)
Mid-term
1
40
Quiz
4
10
Total(%)
50
Contribution of In-term Studies to Overall Grade(%)
50
Contribution of Final Examination to Overall Grade(%)
