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. Semester | 3 | 0 | 0 | 3 | 6 |
| Pre-requisite Course(s) |
|---|
| None |
| Course Language | English |
|---|---|
| Course Type | Compulsory Departmental Courses |
| 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 Lecturer(s) |
|
| 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;
|
| 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 |
Sources
| 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 | 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 | Understanding and explaining the concepts regarding to the main fields of Management (Management, Production, Marketing, Accounting- Finance) and gaining the ability to apply these skills in management. | X | ||||
| 2 | Gaining the ability to use technology required for buseiness administration | |||||
| 3 | An ability to analyze the information and reports of the markets and businesses and setting goals with respect to results of the analysis. | X | ||||
| 4 | An ability to trace and evaluate the global, local and/or regional developments related to businesses and making strategic decisions. | |||||
| 5 | An ability to set a innovative business or an ability to use the knowledge in the operations of management(taking risk, finding resources, making market research, and preparing business plans etc.) | |||||
| 6 | An ability to apply knowledge regarding functions of management. | |||||
| 7 | An ability to have oral and written communication skills particular to management and use these skills effectively in professional relations | |||||
| 8 | Compliance with rules of Socials and business ethics and to the principles of social responsibility | |||||
| 9 | An ability to use life-long learning approach in order to adapt constantly changing environmental factors (technological, political ,economical, and socio cultural etc.) | |||||
| 10 | An ability to conduct research on management and reporting the outcomes with the related parties. | |||||
| 11 | Taking responsibility within the teamwork, thinking critically and taking initiative in problem solving. | |||||
| 12 | Using professional English in written and verbal communication. ("European Language Portfolio Global Scale", Level B1) | |||||
| 13 | Having knowledge about law required by management. | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | |||
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 4 | 64 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | 5 | 6 | 30 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | |||
| Prepration of Final Exams/Final Jury | |||
| Total Workload | 94 | ||