Financial Accounting

Course Code: 
BBA 241
Course Period: 
Autumn
Course Type: 
Core
P: 
2
Application: 
0
Credits: 
3
ECTS: 
6
Course Language: 
İngilizce
Course Objectives: 
The basic objective of the course is to give to students basic understanding of accounting cycle.
Course Content: 

Journalizing Daily transactions; posting them to ledger accounts making necessary adjusting entries at the end of terms,Performing closing entries. Prepering trial balances, income statement,statement of retain earnings and a ballance sheet.

Course Methodology: 
1:lecture, 2: questions-answers, 3:discussion
Course Evaluation Methods: 
A:Exam, C:homeworks

Vertical Tabs

Course Learning Outcomes

OUTPUTS

Program Learning Outcomes

Methods of learning

Methods of performance measurement

1) how to make book keeping

1

1,2,3

A,C

2) how to prepere financial statements

1,4

1,2,3

A,C

3) Accounting for service companies and merchandise companies

1,4

1,2,3

A,C

4) ınventory and inventory valuation systems

1,4,14

1,2,3

A,C

 
 

Course Flow

WEEK

TOPICS

PREPERATIONS

1

INTRODUCTION TO ACCOUNTING

BASİC CALCULUS

2

FINANCİAL STATEMENTS

        //

3

THE ACCOUNTING CYCLE

        //

4

REPORTING FINANCİAL RESULTS

       //

5

DEBIT AND CREDIT ENTRIES

        //

6

POSTING TO LEDGER ACCOUNTS

         //

7

UNADJUSTED TRIAL BALLANCE

         //

8

MID-TERM EXAMS

 

9

ADJUSTING ENTRIES

BASIC ACCOUNTING

10

ADJUSTED TRIAL BALLANCE

           //

11

CLOSING ENTRIES

           //

12

AFTER CLOSING TRIAL BALLANCE

            //

13

MERCHANDISING ACTIVITIES

            //

14

INVENTORY SYSTEMS

          //

15

DEPRECIATIONS

          //

16

Final exam

 

 
 

Recommended Sources

TEXT BOOK

FINANCIAL ACCOUNTING, MEIGHS-WILLIAMS-HAKA-BERTNER MCGRAW-HILL INTERNATIONAL EDDITION
 

   
 
 

Assessment

TERM STUDIES

NR

%

MID-TERM                               

1

55

QUIZ

2

20

HOME WORKS

5

25

TOTAL

 

100

FINAL EXAM

 

50

TERM STUDIES

 

50

TOTAL

 

100

 

 

COURSE TYPE

CORE

 
 

Course’s Contribution to Program

No

Program Learning Outcomes

Contribution

1

2

3

4

5

1

Students should demonstrate their knowledge of the essential body of knowledge in business management (functions of management: organization theory: policy and strategy: information, technology and operations management; human capital management; accounting; finance; marketing; economics; and an integrated perspective).

   

X

   

2

Students should demonstrate their ability to construct strategy, make organizational decisions and define the required processes to execute these decisions by utilizing the concept and knowledge in business management and by considering cultural and ethical values.

 

X

     

3

Students should demonstrate the ability to understand the dynamics of global business environment; follow the changes and improvements and understanding the importance of flexibility and creativity in the changing global business world

     

X

 

4

Students should demonstrate their comprehension of basic economics, law and social sciences which shape the global business environment and their ability to make decisions via these knowledge.

       

X

5

Students should demonstrate their ability to communicate effectively and work in harmony with members from different disciplines.

 

X

     

6

Students should be able to effectively communicate in writing or orally in global business environment.

   

X

   

7

Students should be able to appreciate and recognize contributions of individuals from diverse cultures, and should be able to effectively communicate, positively contribute and work as a team member.

 

X

     

8

Students should be able to use common information and communication technologies employed in business management.

       

X

9

Students should be able to define problems related with business processes, gather data, choose the required methods to analyze the data, evaluate the results and identify the necessary practices and communicate their ideas effectively.

X

       

10

Students should be able to demonstrate their ability to make contributions in business team or project groups, take responsibility and take the leadership role.

 

X

     

11

Students should demonstrate their understanding of business ethics and social responsibility concepts and motivation to take active role in these subjects.

X

       

12

Students should have required English proficiency to follow the current events and improvements in their professional area and to communicate their ideas in international business arena.

 

 

 

 

 

13

Students should understand the importance of lifelong learning to maintain personal and professional development.

 

 

 

 

 

14

Students should demonstrate that they have the discipline and responsibility to conduct and independent study, project, research.

 

 

 

 

 

 
 

ECTS

Activities

Quantity

Duration
(Hour)

Total
Workload
(Hour)

Course Duration (Including the exam week: 16x Total course hours)

16

3

48

Hours for off-the-classroom study (Pre-study, practice)

16

3,5

56

Mid-terms

1

4

4

Homework

2

6

12

Final examination

5

4

20

Total Work Load

1

10

10

Total Work Load / 25 (h)

 

 

150

ECTS Credit of the Course

 

 

6

 

 

 

6