Lesson plan / FINANCIAL ACCOUNTING

Lesson Information

Course Credit 2.0
Course ECTS Credit 4.0
Teaching Language of Instruction İngilizce
Level of Course Bachelor's Degree, TYYÇ: Level 6, EQF-LLL: Level 6, QF-EHEA: First Cycle
Type of Course Compulsory
Mode of Delivery Face-to-face
Does the course require compulsory or optional work experience? Z
Course Coordinator
Instructor (s)
Course Assistant

Purpose and Content

The aim of the course The course is designed to provide students in industrial engineering and related disciplines with the information ans skills necessary to engage in financial decision making at both an operational and business enterprise level. Course covers basic concepts of financial and cost accounting.
Course Content The course provides understanding, formulating and solving financial issues in engineering. The course contains understand financial reports and reporting systems;understanding process cost determination and allocations

Weekly Course Subjects

1Basic Concepts of Accounting, Forms of Doing Business; Users of Accounting Information, Introduction to Basic Financial Statements
2Corporate Structures in Turkey and the USA
3The Balance Sheet, Short Term and Long Term Assets, and Liabilities, Retained Earning
4Accounting Cycle- Accounting Books, Laws, Regulations Accounting Standards Setting Bodies, Practice
5Accounting Cycle, Book Keeping, Journalizing, Posting, Trial Balance, Adjustments, Period- End Entries, Income Statement
6Inventories, Accounting, Measurement, Table of Cost of Production
7Presentation of Cost in Financial Statement;Fundamentals of Cost Volume Profit Analysis
8Fundamentals of Cost Analysis for Decision Making,
9Cost Estimation
10Fundamentals of Product and Service Costing
11Cost Allocation
12Job and Process Costing
13Activity Based Costing
14Planning and Budgeting

Resources

Lanen, Anderson, Maher. Fundamentals of Cost Accounting.McGrwa-Hill International.2011