Information Package

Program of International Trade (Turkish)

TBF211

PRINCIPLES OF ACCOUNTING I

Course Code
TBF211
Semester
Third Term (Fall)
Theory+Practice
2 + 2
ECTS
6
Course TypeCompulsory Course
Course LevelBachelor's Degree
Year of Study2
SemesterThird Term (Fall)
ECTS6
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Explain the definition, importance, basic concepts, and principles of accounting.
  2. Understand the operation of the accounting system, types of accounts, principles of recording accounts, and their monitoring.
  3. Gain knowledge about basic financial statements.
  4. Recognize the Uniform Accounting System applied in Turkiye.
  5. Learn the nature, operation, and valuation of current asset accounts.
  6. Learn the accounting cycle and its applications.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis 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 ReadingSevilengül, 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(%) 50
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz 4 2 8
Individual or group work 14 4 56
Preparation for Final exam 1 40 40
Course hours 14 4 56
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load182
Total Work Load / 30 (h)6.06
ECTS Credit of the Course6
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1 X X X X X X
K2
K3
K4
K5
K6
K7
K8
K9
K10