Course Information
Course Title Code Semester T + P ECTS
Financial Accounting ISL105 1 3 + 0 5

Prerequisites None

Language Turkish
Level Bachelor's Degree
Type Compulsory
Coordinator Assoc.Prof. YASEMİN KÖSE
Instructors Assoc.Prof. YASEMİN KÖSE
Goals General accounting course aims to introduce basic accounting concepts, accounting proress, accounting books and financial statements.
Contents Basic concepts of accounting, Accounting documents and books, Recording methods, Balance sheet and income table,Accounting process, Recording commercial cases, VAT accounting, Assets, Liabilities and owner' equity, Revenue and expense accounts, Recording faults and Correction ways, Information accounts.
Work Placement(s) Absent

Number Learning Outcomes
1 Has information about basic concepts of accounting, accounting documents and books.
2 Has the understanding of accounting system and process.
3 Can record commercial cases according to accounting principles and rules.
4 Can correct basic accounting mistakes.
5 Can prepare basic financial statements (balance sheet and income statement).

Mode of Delivery Face-to-Face
Planned Learning Activities & Teaching Methods Face to face
Assessment Methods Mid term exam %40 Final exam %60

Course Content
Week Topics Study Materials
1 General rules, introduction to the course None
2 Business,accounting, asset, liability, owner's equity, balance sheet equation Must read related chapter from textbook.
3 Elements of balance sheet and income statement Must read related chapter from textbook.
4 Account concept, classification of accounts and recording rules Must read related chapter from textbook.
5 Accounting books and documents Must read related chapter from textbook.
6 Accounting for cash and cash equalents Must read related chapter from textbook.
7 Accounting for merchandising inventories,VAT Must read related chapter from textbook.
8 Mid-term exam
9 Accounting for receivables Must read related chapter from textbook.
10 Accounting for fixed assets Must read related chapter from textbook.
11 Accounting for liabilities Must read related chapter from textbook.
12 Accounting for owner's equity Must read related chapter from textbook.
13 Preperation of trial and revised trial balance, balance sheet and income statement Must read related chapter from textbook.
14 Accounting process exercises Must read related chapter from textbook.

Textbook Sami Karacan, (2009), Muhasebede Dönem İçi İşlemleri, Umuttepe Yayınları,İzmit.
Additional Resources Yusuf Sürmen, Muhasebe 1, Derya Kitabevi, Trabzon. Orhan Sevilengül, Genel Muhasebe, Gazi Kitabevi, Ankara.

Assessment System Quantity Percentage
In-Term Studies
Mid-terms 1 100
In-Term Total 1 100
Contribution of In-Term Studies to Overall 40
Contribution of Final Exam to Overall 60
Total 100

Course's Contribution to PLO
No Key Learning Outcomes Level
1 2 3 4 5
1 Have advanced knowledge in the field of working life x
2 Information in the field of working life has the ability to transfer employees and colleagues. x
3 The decision on the application and the behavior of his working life to interpret the information acquired through the use of the data, to analyze, to bring the has the ability to define problems and solutions. x
4 Do research and work on issues related to working life. x
5 The project meets the objectives of the Project Coordinator or the participant takes responsibility. x
6 Organization / Institution determines the objectives. x
7 Employee-employer relations, critically evaluates the acquired knowledge and skills. x
8 Indicates that the comprehension of the need for continuity of learning x
9 The level of knowledge and skills related to the field of Labor Economics thoughts and pass the written and oral proposals concerned. x
10 Effective stake holders in the field of professional communication. x
11 Working relationships required by the European Computer Driving Licence Advanced Level at least with computer software uses information and communication technologies. x
12 At least one foreign language knowledge in the field using the European Language Portfolio B1 General level monitors and communicates with colleagues. x
13 Employee-employer relations, the organization / institution, business, and act in accordance with social ethics. x
14 Analyze and executes effective working relationships within the organization. x
15 Has the ability to be able to encourage innovations in working life. x
16 Working relationships to the organization / institution for the critical thinker. x
17 Social rights, social justice, quality and cultural values, environmental protection, occupational health and safety issues are conscious. x

Activities Quantity Duration (Hour) Total Work Load (h)
Course Duration 14 3 42
Hours for off-the-classroom study (Pre-study, practice) 14 4 56
Mid-terms 1 15 15
Final examination 1 25 25
Total Work Load (h) 138
Total Work Load / 30 (h) 4.6
ECTS Credit of the Course 5