Ders Planı

Lesson Information

Course Credit	2.0
Course ECTS Credit	4.0
Teaching Language of Instruction	İngilizce
Level of Course	Associate's Degree, TYYÇ: Level 5, EQF-LLL: Level 5, QF-EHEA: Short Cycle
Type of Course	Compulsory
Mode of Delivery	Face-to-face
Does the course require compulsory or optional work experience?	Z
Course Coordinator	Prof. Dr. MUSTAFA ÇIKRIKÇI
Instructor (s)	Instructor TOLUNAY KAĞAN ERGİN
Course Assistant

Purpose and Content

The aim of the course	The Financial Accounting course aims to teach students the fundamental principles, concepts, and applications of financial accounting. Students will learn how to accurately record business transactions, prepare financial statements, and analyze these statements for business decision-making.
Course Content	The course covers key financial accounting principles, the double-entry system, preparation and interpretation of core financial statements such as the Income Statement, Balance Sheet, and Cash Flow Statement. Additionally, the course includes topics such as the classification of accounts for assets, liabilities, and equity, recording revenues and expenses, inventory accounting methods (FIFO, LIFO, weighted average), and depreciation calculations.

The aim of the course

The Financial Accounting course aims to teach students the fundamental principles, concepts, and applications of financial accounting. Students will learn how to accurately record business transactions, prepare financial statements, and analyze these statements for business decision-making.

Course Content

The course covers key financial accounting principles, the double-entry system, preparation and interpretation of core financial statements such as the Income Statement, Balance Sheet, and Cash Flow Statement. Additionally, the course includes topics such as the classification of accounts for assets, liabilities, and equity, recording revenues and expenses, inventory accounting methods (FIFO, LIFO, weighted average), and depreciation calculations.

Learning Outcomes

Possesses fundamental, up-to-date, and practical knowledge related to their field.
Demonstrates awareness of occupational health and safety, environmental responsibility, and quality assurance processes.
Identifies and explains core management concepts, functions, and major managerial approaches
Explains key business processes in areas such as marketing, human resources, accounting, finance, management, and production.
Integrates knowledge from related disciplines such as economics, behavioral sciences, sociology, psychology, and law within the context of the field.
Follows current developments and practices in the profession and applies them effectively.
Effectively utilizes information technologies (such as software, programs, animation, etc.) relevant to the profession.
Demonstrates the ability to independently evaluate professional problems and issues using an analytical and critical approach and offer appropriate solutions.
Communicates ideas effectively and clearly through both written and oral means, in line with acquired knowledge and skills.
Takes responsibility as a team member in solving complex and unforeseen problems encountered in field-related practices.
Demonstrates awareness of career management and lifelong learning.
Acts in accordance with social, scientific, cultural, and ethical values during the collection, implementation, and dissemination of field-related data.
Follows field-related knowledge and communicates with colleagues by using a foreign language.

Weekly Course Subjects

1	Introduction to Financial Accounting: Purpose, principles, users of financial info
2	Accounting Assumptions and Concepts
3	Double-Entry System & T-Accounts: Debits and credits, general ledger
4	Double-Entry System & T-Accounts: Debits and credits, general ledger
5	Journal Entries and Posting: Recording and transferring business events
6	Adjusting Entries: Accruals, deferrals, depreciation
7	Adjusting Entries: Accruals, deferrals, depreciation
8	Trial Balance and Error Correction: Unbalanced entries and corrections
9	Income Statement Preparation: Revenue, expenses, gross and net income
10	Balance Sheet Structure: Assets, liabilities, owner's equity
11	Cash Flow Statement Operating, investing, financing activities
12	Accounting for Inventories FIFO, LIFO, weighted average
13	Accounting for Inventories FIFO, LIFO, weighted average
14	Fixed Assets and Depreciation Depreciation methods and reporting

Resources

All accounting books (Turkish and/or English) / International Financial Reporting Standards / Turkish Tax Procedure Law.

CLASS 1

CLASS 2

CLASS 3

CLASS 4

Lesson Information

Purpose and Content

Learning Outcomes

Weekly Course Subjects

Resources