USEFUL INFORMATION, RESOURCES & SERVICES FOR STUDENTSUSEFUL LINKS AND DOCUMENTS ADITIONAL & SUPPORTING INFORMATION

SECTION I: GENERAL INFORMATION ABOUT THE COURSE

Course Code	Course Name	Year	Semester	Theoretical	Practical	Credit	ECTS
60411MEEOZ-BUS0261	Financial Accounting	2	Fall	2	1	3	6

Course Type :	Compulsory
Cycle:	Bachelor TQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Language of Instruction:	English
Prerequisities and Co-requisities:	N/A
Mode of Delivery:	Face to face
Name of Coordinator:	Doçent Dr. SEZİN AÇIK TAŞAR
Dersin Öğretim Eleman(lar)ı:
Dersin Kategorisi:	Field Specific

SECTION II: INTRODUCTION TO THE COURSE

Course Objectives & Content

Course Objectives:

The aim of this course is to enable students to understand the business operations’ financial aspects. With the help of the course, it is aimed that critical analysis perspective will be gained, accounting data will be interpreted and decision making process for the businesses will be simplified by the financial data.

Course Content:

The course requires accounting principles that are used in preparing financial statements for in any scale businesses. The financial accounting course also emphasizes the logic of fundemental accounting concepts. In the course, in accordance with the Uniform Chart of Accounts: Balance Sheet Accounts, Income Statement Accounts, Expenses and Cost Accounting, Trial Balance, Income Statement and Balance Sheet are covered.

Course Specific Rules

At least 70% attendance is expected.

Course Learning Outcomes (CLOs)

Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:



Knowledge *(Described as Theoritical and/or Factual Knowledge.)*
1) Explain financial aspects of a business.
2) Explain the importance of financial accounting data in a company.
Skills *(Describe as Cognitive and/or Practical Skills.)*
Competences *(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)*
1) Learn recording, classifying and summarizing financial information.
2) Understand the process of a record in general journal to balance sheet or income statement
3) Understand the key financial accounts and what kind of relationship of operating and financial activities have with the key financial accounts.
4) Apply the key concepts learned in the course to solve financial accounting problems.

Weekly Course Schedule

Week	Subject	Materials Sharing *
		Related Preparation	Further Study
1)	Basic concepts of business and accounting information. Business and accounting relationship	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
2)	Accounting and functioning of accounts - T-accounting -Accounting equalition	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
3)	Basic financial statements, uniform chart of accounts, functioning of accounts -To prepare balance of sheet and income statement	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
4)	Journal Entries and preparation of Trial Balance	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
5)	Accrual based accounting, Adjusting entries, Adjusted trial balance	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
6)	Closing entries, preparation of financial statements of service companies	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
7)	Review	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
8)	Midterm exam
9)	Transactions of merchandising companies	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
10)	Transactions of Merchandising Companies Cont.	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
11)	Short term liquid assets	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
12)	Accounting for receivables, Valuation of account receivables, allowances for bad debt	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
13)	Accounting for inventories, inventory measurement, periodic and perpetual inventory methods	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
14)	Review	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
15)	Review	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
16)	Final Exam

*These fields provides students with course materials for their pre- and further study before and after the course delivered.

Level of Contribution of the Course to PLOs

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Programme Learning Outcomes	Contribution Level (from 1 to 5)
1)	To be able to explain the basic, theoretical and practical knowledge about aviation management.
2)	To be able to apply basic business functions and business processes.	4
3)	To be able to plan flight operations in airline companies, to be able to plan airport systems and airport ground services, to be able to plan the process of air cargo and dangerous goods transport (DGR).	3
4)	To be able to apply the theoretical knowledge in business life during a semester.
5)	To be able to provide solutions to the problems about passenger services.	4
6)	To be able to implement national and international legislation and regulations related to aviation law.	4
7)	To be able to apply the concepts of aviation safety and security and air traffic control and services in all areas.	3
8)	To be able to make weight and balance calculations in aircraft loading.	4
9)	To be able to acquire communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+).	4
10)	To be able to explain aviation navigation systems.	3
11)	Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view.	3
12)	To be able to participate as a team member and takes responsibility in the environments that require the solving of the conflicts and to be able to act as a leader when necessary.	3

SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE

Teaching & Learning Methods of the Course

(All teaching and learning methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)

Teaching and Learning Methods defined at the Programme Level	Teaching and Learning Methods Defined for the Course
Lectures
Problem Solving
Questions Answers
Active Participation in Class

Assessment & Evaluation Methods of the Course

(All assessment and evaluation methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)

Aassessment and evaluation Methods defined at the Programme Level	Assessment and Evaluation Methods defined for the Course
Midterm
Final Exam
Quiz

Contribution of Assesment & Evalution Activities to Final Grade of the Course

Measurement and Evaluation Methods	# of practice per semester	Level of Contribution
Quizzes	1	% 15.00
Midterms	1	% 30.00
Semester Final Exam	1	% 50.00
Active Participation in Class	1	% 5.00
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
Total		% 100

SECTION V: WORKLOAD & ECTS CREDITS ALLOCATED FOR THE COURSE

WORKLOAD OF TEACHING & LEARNING ACTIVITIES
Teaching & Learning Activities	# of Activities per semester	Duration (hour)	Total Workload
Course	14	3	42
Laboratory	0	0	0
Application	6	18	108
Special Course Internship (Work Placement)	0	0	0
Field Work	0	0	0
Study Hours Out of Class	0	0	0
Presentations / Seminar	0	0	0
Project	0	0	0
Homework Assignments	0	0	0
Total Workload of Teaching & Learning Activities	-	-	150
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES
Assesment & Evaluation Activities	# of Activities per semester	Duration (hour)	Total Workload
Quizzes	1	1	1
Midterms	1	1	1
Semester Final Exam	1	1	1
Total Workload of Assesment & Evaluation Activities	-	-	3
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities)			153
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h)			6