Explain the definition, importance, fundamental concepts, and principles of accounting.
Gain knowledge about basic financial statements.
Learn the accounting cycle and its applications.
Acquire information about the operation of the accounting system, types of accounts, and the principles of recording accounts.
Recognize the Uniform Accounting System applied in Turkiye.
Understand the operation of fixed asset accounts.
Understand the operation of liability accounts.
Develop the necessary skills to prepare balance sheets and income statements.
Mode of Delivery
Face to face
Prerequisites
Yes(TBF211)
Recommended Optional Programme Components
None
Course Description
This course addresses the operation and valuation of accounts related to current and fixed assets, short-term and long-term liabilities, equity, and the income statement, in accordance with the uniform accounting system and chart of accounts applied in Turkiye. The primary goal of the course is to equip students with the knowledge and skills necessary to prepare balance sheets and income statements.
Course Contents
WEEK
TOPICS
1st Week
Inventories
2nd Week
Inventories
3rd Week
Inventory valuation methods
4th Week
Receivables as fixed assets and financial fixed assets
5th Week
Tangible fixed assets
6th Week
Tangible fixed assets
7th Week
Intangible fixed assets, assets subject to depletion, and other fixed assets
8th Week
Midterm exam
9th Week
Short-term liabilities, long-term liabilities
10th Week
Equity
11th Week
Income statement accounts
12th Week
The origin of expenses, 7/A and 7/B options
13th Week
Monograph
14th Week
Monograph
Recommended or Required Reading
Sevilengül, O. (2020). Genel muhasebe (19th ed.). Gazi Kitabevi.
Planned Learning Activities and Teaching Methods
Lecture
Discussion
Questions/Answers
Assessment Methods and Criteria
Quantity
Percentage (%)
Mid-term
1
40
Assignment
1
10
Total(%)
50
Contribution of In-term Studies to Overall Grade(%)
50
Contribution of Final Examination to Overall Grade(%)
