ECTS - Basic Accounting and Financial Statements
Basic Accounting and Financial Statements (LOJ508) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Basic Accounting and Financial Statements | LOJ508 | General Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Elective Courses |
| Course Level | Social Sciences Master's Degree |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer, Drill and Practice. |
| Course Lecturer(s) |
|
| Course Objectives | The aim of this course is to provide students, especially those who have not taken sufficient courses in business administration, economics, and finance during their undergraduate studies, with fundamental knowledge in these fields and to enable them to understand some of the developments occurring in their economic environment. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Basic concepts of accounting and finance, tax liabilities, basic financial statements: balance sheets, income statement, owner`s equity statement, cash flow statement, vertical, horizontal and ratio analysis. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Essentially, the importance of financial information flow and information sources in commercial enterprises, The role of accounting in information production, the classification of accounting, and its relationship with other business functions, The nature of information that needs to be given to and from the business, The functions of the business and management, including the finance function. | Come prepared with any general accounting book. |
| 2 | Types of commercial enterprises, their information needs and the information that accounting can provide, their relationship with financial statements, the books and documents that must be used, and their description (Types of Merchants - Books of Account they are required to keep) | Coming as preparation from any general accounting book. |
| 3 | This section provides an overview of the Turkish tax system, including types of taxes, the role of the taxpayer/tax responsible party, and the documents that merchants and individuals must obtain and provide. | These topics should be reviewed from the Turkish Tax System textbook before coming to class. |
| 4 | Elements of Income for Income Taxpayers, their general tax regime, and general tax obligations of individuals (information and declarations they must submit). | These topics should be reviewed from the Turkish Tax System textbook before coming to class. |
| 5 | Money and Capital Markets, their characteristics and types. A review of the financial instruments used in these markets (such as stocks, bonds, warrants, and asset-backed securities). | Come prepared using the Capital Market and Investment Instruments Analysis textbook. |
| 6 | Publicly traded or deemed publicly traded companies, investment funds and investment partnerships, asset management companies, brokerage firms and brokerage activities. | Sermaye Piyasası ve Yatırım Araçları Analizi Kitabından hazırlıklı olarak gelmek |
| 7 | Midterm Exam | |
| 8 | Financial Statements – General Overview of Financial Statements - Balance Sheet - Income Statement - Statement of Other Comprehensive Income, Statement of Equity, Consolidated Financial Statements | Finansal Analiz kitabının ilgili bölümleri |
| 9 | Balance Sheet - Balance Sheet - Asset Accounts (Current/Fixed Assets) | Finansal Analiz kitabının ilgili bölümleri |
| 10 | Balance Sheet – Liabilities (Short/Long-Term Liabilities, Equity) | Finansal Analiz kitabının ilgili bölümleri |
| 11 | Income Statement | |
| 12 | Cash Flow Statement | Finansal Analiz kitabının ilgili bölümleri |
| 13 | Financial Analysis Techniques, Vertical/Horizontal Analysis | |
| 14 | Financial Analysis Techniques, Ratio Analysis | |
| 15 | General Review | |
| 16 | Final Exam |
Sources
| Course Book | 1. Genel Muhasebe, Türk Vergi Sistemi, Sermaye Piyasası ve Yatırım Araçları Analizi, Finansal Analiz kitapları |
|---|
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | - | - |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | - | - |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 40 |
| Final Exam/Final Jury | 1 | 60 |
| Toplam | 2 | 100 |
| 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 | Have advanced level of knowledge about the field of Public Finance-Tax in order to gain practical gains. | |||||
| 2 | He/she can identify the issues related to Finance-Tax area by considering them within the framework of a method and report and evaluate them from an analytical point of view. | |||||
| 3 | Able to understand, interpret and analyze economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law | |||||
| 4 | Develops policies and strategies for the solution of problems by establishing the cause-effect relationship related to financial and economic problems through theoretical information and current discussions, by making financial analyzes. | |||||
| 5 | By establishing the relationship of public financial management and budget theory with public policies, he/she makes strong budget analysis, develops analyzes on public finance and establishes the policy implementation relationship. | |||||
| 6 | Understanding tax theory, learning the legal background, following the developments and gaining a professional competence in tax matters effectively develop it. | |||||
| 7 | Have knowledge of accounting systems in private and public institutions and businesses, analyze and interpret the financial and financial structure of businesses with the knowledge and competence gained. | |||||
| 8 | Gain knowledge of macroeconomic structure and growth theory, including theoretical and country examples, and evaluate economic developments from a theoretical perspective. | |||||
| 9 | Can use foreign language in financial and economic fields, follow international literature, communicate on professional issues. | |||||
| 10 | By using information technologies, digital developments and common software, it benefits from technological developments in studies specific to its field. | |||||
| 11 | It uses qualitative and quantitative methods necessary for the analysis of economic, financial, social and institutional events. | |||||
| 12 | While fulfilling its academic and professional responsibilities, the United Nations develops an approach that respects sustainable development goals, fundamental freedoms, disadvantaged groups, the environment, cultural and moral values. | |||||
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 | 6 | 84 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 30 | 30 |
| Prepration of Final Exams/Final Jury | 1 | 60 | 60 |
| Total Workload | 222 | ||