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 General Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Halil Çağdaş Baran
Course Assistants
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;
  • To know what kind of taxes he / she will face in his daily life and how he / she will pay his / her tax on the duties of citizenship.
  • To learn what our obligations are in daily life
  • When the entrepreneurial spirit becomes swollen, the entrepreneur knows what opportunities he has in terms of legal status, choosing his company and the type of company that suits him
  • How to read financial statements of companies
  • How the company follows a financial policy during the year, where the funds are found, where they can see and interpret
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 Gains sufficient knowledge in subjects specific to mathematics, natural sciences, and engineering disciplines; gains the ability to use theoretical and applied knowledge in these fields to solve complex engineering problems.
2 Defines, formulates, and solves complex engineering problems; selects and applies appropriate analysis and modeling methods for this purpose.
3 Designs a complex system, process, device, or product under realistic constraints and conditions to meet specific requirements; applies modern design methods.
4 Selects and uses modern techniques and tools necessary for analyzing and solving complex problems encountered in engineering applications; gains the ability to use information technologies effectively.
5 Designs experiments, conducts experiments, collects data, and analyzes and interprets the results for studying complex engineering problems or research topics specific to engineering disciplines.
6 Works effectively in both disciplinary and multidisciplinary teams; gains the ability to work individually.
7 Develops effective oral and written communication skills; acquires proficiency in at least one foreign language; writes effective reports and understands written reports, prepares design and production reports, delivers effective presentations, and gives and receives clear and understandable instructions.
8 Develops awareness of the necessity of lifelong learning; gains access to information, follows developments in science and technology, and continuously renews oneself. X
9 Acts in accordance with ethical principles, takes professional and ethical responsibility, and possesses knowledge of standards used in engineering applications.
10 Gains knowledge of business practices such as project management, risk management, and change management; develops awareness of entrepreneurship and innovation; possesses knowledge of sustainable development. X
11 Gains knowledge of the impacts of engineering applications on health, environment, and safety in universal and societal dimensions, and the issues reflected in contemporary engineering fields; develops awareness of the legal consequences of engineering solutions.
12 Gains the ability to work in both thermal and mechanical systems fields, including the design and implementation of such systems.

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