ECTS - Principles of Accounting I

Principles of Accounting I (MGMT203) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Principles of Accounting I MGMT203 3 0 0 3 6
Pre-requisite Course(s)
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Demonstration, Discussion, Question and Answer, Problem Solving.
Course Coordinator
Course Lecturer(s)
  • Asst. Prof. Dr. Burcu Dinçergök
Course Assistants
Course Objectives To teach general nature, scope, principles and concepts of accounting, main components of the accounting system and the operation of the system with an emphasis on in-period transactions.
Course Learning Outcomes The students who succeeded in this course;
  • To identify economic events
  • To measure economic events in financial terms
  • To record ,classify and summarize business transactions
  • To prepare basic financial statements: Balance sheet and Income statement (in simple form)
  • To prepare the trial balances.
  • To interpret the main financial statements
  • To interpret generally accepted accounting principles.
Course Content In this course, basic accounting concepts and principles, the structure of financial statements, account classifications, books of account, accounting records within the accounting period, trial balance preparation, simple adjusting and closing entries at the end of the period, essentials of preparing balance sheet and income statement are covered.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Accounting Perspective Course book, pp. 1-23
2 Balance Sheet & Underlying Accounting Concepts Course Book, pp. 25-33
3 Transaction Analysis and The Duality Concept Course Book, pp. 36-52
4 Income Statement & Related Generally Accepted Accounting Principles Course Book, pp 55-66
5 Overview of the Accounting Cycle Course Book, pp. 66-87
6 Completing the Accounting Cycle Course Book, pp. 89-103
7 Completing the Accounting Cycle Course Book, pp.103-112
8 Midterm
9 Merchandise Transactions Course Book, pp. 127-139.
10 Merchandise Transactions Course Book, pp. 145-166
11 Inventories Course Book, pp. 169-186
12 Inventories Course Book, pp. 187-199
13 Financial Statements Course Book, pp. 201-228
14 Financial Statements Course Book, pp. 228-247.
15 Examples
16 Final Exam


Course Book 1. Muğan, C. Ş., Akman, N., (2007) Principles of Accounting , 3 rd edition, Gazi Kitapevi, Sevilengül, O. (2008) Genel Muhasebe, 14. baskı, Gazi Kitabevi

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 14 10
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 5 10
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 50
Toplam 21 100
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses
Major Area Courses
Supportive Courses X
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics
2 Acquiring the skills of macro level economic analysis
3 Acquiring the skills of micro level economic analysis
4 Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level
5 Learning different approaches on economic and related issues
6 Acquiring the quantitative and/or qualitative techniques in economic analysis
7 Improving the ability to use the modern software, hardware and/or technological devices
8 Developing intra-disciplinary and inter-disciplinary team work skills
9 Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning
10 Adopting work ethic and social responsibility
11 Developing the skills of communication.
12 Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Special Course Internship
Field Work
Study Hours Out of Class 16 4 64
Presentation/Seminar Prepration
Homework Assignments 5 6 30
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury
Total Workload 94