TYPE OF COURSE UNIT	Compulsory Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	2
SEMESTER	Fourth Term (Spring)
NUMBER OF ECTS CREDITS ALLOCATED	5
NAME OF LECTURER(S)	Associate Professor Soner Gökten Instructor Özgecan Özer
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Identify and apply basic generally accepted accounting principles. 2) Identify specific journals for each type of transaction and record common business transactions. 3) Determine and classify the internal events requiring adjustment, journalize and post adjusting entries. 4) Prepare some of the basic adjusting entries at the end of the period and be familiar with the accounting cycle. 5) Analyze existing account balances, prepare end-of-period adjusting entries with or without a worksheet; prepare closing entries and a post-closing trial balance. 6) Prepare a multiple-step income statement, an owners equity statement, and a classified balance sheet. 7) Use the financial statements and financial information to manage and evaluate the results of business operations.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	Yes(BUS221)
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	No
COURSE DEFINITION	This course introduces to the students 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.
COURSE CONTENTS	WEEK TOPICS 1st Week Introduction 2nd Week Inventories 3rd Week Inventories 4th Week Plant Assets and Natural Resources 5th Week Intangible Assets 6th Week Current Liabilities 7th Week Non-Current Liabilities 8th Week Midterm 9th Week Organization and Share Transactions 10th Week Dividends and Retained Earnings 11th Week Problem Solving 12th Week Investments 13th Week Investments 14th Week Problem Solving
RECOMENDED OR REQUIRED READING	Financial Accounting IFRS Edition, 3 rd or 4 th Ed., Jerry J. Weygandt,Paul D. Kimmel, Donald E. Kieso, John Wiley and Sons, Inc.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Questions/Answers,Discussion,Lecture,Problem Solving
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 40 Practice 1 10 Total(%) 50 Contribution of In-term Studies to Overall Grade(%) 50 Contribution of Final Examination to Overall Grade(%) 50 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam 1 2 2 Preparation for Quiz 2 16 32 Individual or group work 14 1 14 Preparation for Final exam 1 30 30 Course hours 14 3 42 Preparation for Midterm exam 1 30 30 Laboratory (including preparation) Final exam 1 2 2 Homework Quiz 2 2 4 Total Workload 156 Total Workload / 30 5,2 ECTS Credits of the Course 5
LANGUAGE OF INSTRUCTION	English
WORK PLACEMENT(S)	No