ECTS - Financial Literacy and Legislation for Entrepreneurs
Financial Literacy and Legislation for Entrepreneurs (MAN328) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Financial Literacy and Legislation for Entrepreneurs | MAN328 | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| none |
| 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, Discussion, Question and Answer. |
| Course Lecturer(s) |
|
| Course Objectives | Nowadays, every individual is faced with daily financial and economic issues in the economic environment in any way whatever the profession. When he / she gains earnings or makes any kind of spending, he / she is always faced with tax liability and must use a document when buying / selling any service. When there are tenants or lessees, they still face some tax issues. Again, when it is to establish a new business or be responsible for an established enterprise, it is faced with both tax laws and obligations stipulated by trade and other laws. If he has established a business or wants to establish a business with his entrepreneurial spirit, he has to know or know the president as to what kind of taxes, insurance privileges they have, what kind of obligations they will have in the organization and then. These are things that a normal citizen should be aware of. For these, although it is not detailed information, it would be of great advantage to learn summary information from a component. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Tax legislation, business law information and obligations related to legal legislation in start ups, different company and business types and selection principles, interpretation of financial statements (balance sheet, income statement, cash flow statement). |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | What is a business? What are their functions? What is Finance and Accounting? What tasks does it perform? What are the criteria for leaving accounting and finance? What types of companies are we classifying companies? Companies based on individual business, ordinary partnership, commercial partnerships, limited / unlimited liability | |
| 2 | What are the obligations to be fulfilled according to the type of company when the company is wanted to be established? | |
| 3 | What kind of incentives can be benefited when starting as an entrepreneur? What are the possibilities? Ways to follow to take advantage of them. | |
| 4 | commonly encountered types of taxes in Turkey, what are the duties and fees? Types of earnings in Income Tax - Tax Declaration | |
| 5 | Quality of Value Added Tax, What are the commercial documents to be used in any purchase or sale as a company and as an individual? | |
| 6 | Presentation of the books to be kept - Bookkeeping by business account | |
| 7 | Midterm Exam | |
| 8 | What are Financial Statements? Types of balance sheet, formal structure, balance sheet balance, What is an account? Establishing the relationship with the balance sheet | |
| 9 | Examination of assets in the balance sheet, basic principles, interpretations | |
| 10 | Examination of resources in the balance sheet, basic principles, interpretations | |
| 11 | Introducing the Profit and Loss Statement, partitioning, interpretation | |
| 12 | Introducing the Profit and Loss Statement, partitioning, interpretation | |
| 13 | Introduction of Cash Flow Statement, partitioning, interpretation | |
| 14 | Vertical Analysis and Interpretation of Financial Statements | |
| 15 | Vertical Analysis and Interpretation of Financial Statements | |
| 16 | Final Exam |
Sources
| Course Book | 1. Orhan Sevilengül - Genel Muhasebe |
|---|---|
| 2. Sacit Önen -Türk Vergi Sistemi | |
| Other Sources | 3. Türk Ticaret Kanunu |
| 4. Vergi Usul Kanunu | |
| 5. Gelir Vergisi Kanunu | |
| 6. Teşvik Mevzuatı |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 5 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 1 | 20 |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 30 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 4 | 95 |
| Percentage of Semester Work | |
|---|---|
| Percentage of Final Work | 100 |
| Total | 100 |
Course Category
| Core Courses | X |
|---|---|
| Major Area Courses | |
| Supportive Courses | |
| 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 | The ability to have and use theoretical and practical information in international trade and logistics | |||||
| 2 | The ability to define problems, as well as to collect, evaluate, analyze, and interpret data, and to devise solutions, making use of the information, skills, and competencies in the field | |||||
| 3 | The ability to perform numerical analyses and research through accessing different resources of information in the field | |||||
| 4 | The ability to take part in intra- and interdisciplinary, or multi-cultural working groups, as well as work individually | |||||
| 5 | The ability to communicate verbally and in writing in English, and to make use of at least 1 foreign language | |||||
| 6 | The ability to act responsibly, and with the awareness in the issues of environmental sensitivity, sustainability, transparency, social responsibility, and ethical values | |||||
| 7 | The ability to read, understand, and interpret the relevant legislation in the field of international trade and logistics, and to see the global, and social effects of practices | |||||
| 8 | The ability to question and interpret the acquired interdisciplinary pieces of information within the framework of the current economic, social, and environmental conjuncture | |||||
| 9 | The ability to stay up to date regarding the local, regional, and global changes in the international trade and logistics, and the supply chain sector; and relevant through improvements on professional competencies and backgrounds, and to devise quick and effective solutions to possible problems through an innovative approach | |||||
| 10 | The ability to track national and international regulations in international trade and logistics, to learn logistic procedures and risk management, to use current instruments of technology and informatics, to analyze and improve processes, to devise new ideas and suggestions, to manage activities for change, and to report and document these processes | |||||
| 11 | - | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 14 | 2 | 28 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | 1 | 10 | 10 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 20 | 20 |
| Prepration of Final Exams/Final Jury | 1 | 25 | 25 |
| Total Workload | 131 | ||