Basic Information

Course Code:

BUSI 211

Course Name:

Financial Accounting

Language of Instruction:

English

Course Type:

Class

Course Level:

Bachelor

ECTS:

5.00

Instructor:

Dr. Öğr. Üyesi Müzeyyen Çiğdem AKBAŞ

Course Objectives

This course aims to;-Provide you with a basic understanding of the primary financial statements, the accounts within them, and the basic financial ratios useful in interpreting those statements. Our primary focus will be on the balance sheet and the income statement.- Develop an understanding of basic accounting terminology and procedures.- Provide you with a basic understanding of the accounting cycle and the accounting system.- Develop an understanding of how business organizations operate and the events that have a financial impact upon them.-Provide exposure, where appropriate, to international differences in published financial statements.

Course Content

This accounting course offers something similar. To understand the business, you have to understand the financial insides of a business organization. An accounting course will help you understand insides of business organization. An accounting course will help you understand the essential financial components of businesses. Whether you are looking at a large multinational company or a single-owner coffee shop, knowing the fundamentals of accounting will help you understand what is happening.

Prerequisites / Corequisites

None

Course Books / Materials / Recommended Resources

Horngren’s Financial & Managerial Accounting: The Financial Chapters, Global Edition, 8e by Tracie Miller-Nobles / Brenda Mattison

Learning Outcomes

Code	Description
LO1	Ability to apply accounting standards in transactions
LO2	Ability to prepare and interpret financial statements
LO3	Ability to analyze financial information for decision-making
LO4	Ability to assess the financial impact of alternative accounting methods

Weekly Course Content

Week	Content
1	Introduction to Financial Accounting
2	Business Transactions
3	Business Transactions-Examples
4	Adjusting Entries
5	Adjusting Entries-Examples
6	Adjusting Entries-Examples
7	Completing the Accounting Cycle
8	Completing the Accounting Cycle-Examples
9	Completing the Accounting Cycle-Examples
10	Financial Statements: Trial Balance, Income Statement, and Balance Sheet
11	Financial Statements: Trial Balance, Income Statement, and Balance Sheet
12	Periodic Inventories
13	Perpetual Inventories
14	Plant Assets, Natural Resources, and Intangible Assets
15	Plant Assets, Natural Resources, and Intangible Assets-Examples

Workload Calculation

Activity	Count	Duration (Hours)	Total
Attendance	15	3.00	45.00
Pre-Class Individual Study	15	3.50	52.50
Midterm Exam/Preparation	1	10.00	10.00
Final Exam/Preparation	1	10.00	10.00
Homework	8	4.00	32.00
Total Workload (Hours)			149.5
ECTS Credit (Workload / 25)			5

Assessment

#	Assessment Type	Contribution (%)
1	Midterm Exam	%40
2	Final Exam	%60
TOTAL		%100

PO - LO Matrix

PO \ LO	LO1	LO2	LO3	LO4
PO-1
PO-2
PO-3
PO-4
PO-5
PO-6
PO-7
PO-8
PO-9
PO-10
PO-11
PO-12

1

Low Contribution

2

Medium Contribution

3

High Contribution

Teaching and Learning Methods

#	Method Name	Description	Tools
1	Lecture (expository teaching), interactive discussion	Listening and taking notes.	Standard classroom technologies, multimedia tools (projector, computer, digital presentations)
2	Controversial Course	Listening and comprehension, critical thinking	Standard classroom technologies, multimedia tools, projector, computer, overhead projector
3	Problem Solving	* Analyzing physical and physiological problems using problem-solving techniques and developing appropriate solutions.
4	Technical Trip	They participate in a pre-planned technical field trip and report on what they learned during the trip.	Equipment located at the MGM station
5	Homework	Solving and analyzing homework questions using a computer and Excel.	Computer

Academic Integrity and Artificial Intelligence

Compliance with the principles of academic integrity is mandatory

Sustainable Development Goals