By transferring the general framework of period-end accounting transactions in enterprises, it is aimed to gain the skills of preparing period-end financial statements (balance sheet, income statement, etc.) by considering the period-end transactions separately for all asset and resource items.
Course Content
This course contains; Concept of inventory and evaluation measures, seperation of trading profit-financial profit, Inventory operations in External and Internal Accounting, Inventory operations related to Current Assets and Marketable Securities, Inventory operations related to Receivables and Inventory., Inventory operations related to Term Seperative Accounts in Current Assets, Inventory operations related to Financial Assets and Tangible Fix Assets, Inventory operations related to Intangible Fixed Assets and Term Seperative Accounts in Fixed Assets, Inventory operations related to Liabilities, Inventory operations related to Term Seperative Accounts in Liabilities, Inventory operations related to Term Seperation of Income and Expense Accounts, Inventory operations related to Reflection Accounts and Relation of Expense Accounts/Cost Accounts, Closing of Income and Expense Accounts and Inventory operations related to determining Net Profit/Loss of the period, Preparation of Year-end Financial Statements, Preparation of Year-end Financial Statements and General Evaluation.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to comprehend end of period transactions in accounting.
13, 9
A
2. Will be able to explain valuation transactions.
13, 9
A
3. Will be able to understand inventory transactions and records related to account items.
12, 13, 9
A
4. Will be able to prepare end of period financial statements.
12, 13, 9
A
5. Will be able to analyze the prepared financial statements.
12, 13, 9
A
Teaching Methods:
12: Problem Solving Method, 13: Case Study Method, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Concept of inventory and evaluation measures, seperation of trading profit-financial profit
2
Inventory operations in External and Internal Accounting
3
Inventory operations related to Current Assets and Marketable Securities
4
Inventory operations related to Receivables and Inventory.
5
Inventory operations related to Term Seperative Accounts in Current Assets
6
Inventory operations related to Financial Assets and Tangible Fix Assets
7
Inventory operations related to Intangible Fixed Assets and Term Seperative Accounts in Fixed Assets
8
Inventory operations related to Liabilities
9
Inventory operations related to Term Seperative Accounts in Liabilities
10
Inventory operations related to Term Seperation of Income and Expense Accounts
11
Inventory operations related to Reflection Accounts and Relation of Expense Accounts/Cost Accounts
12
Closing of Income and Expense Accounts and Inventory operations related to determining Net Profit/Loss of the period
13
Preparation of Year-end Financial Statements
14
Preparation of Year-end Financial Statements and General Evaluation
Resources
End of Period Transactions in Accounting, Prof.Dr. Sami Karacan, Umuttepe Publications
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Having adequate infrastructure in the fields of accounting, law, basic management, management and field; To gain theoretical and practical knowledge in these areas.
X
2
To be able to interpret and evaluate data, to identify and analyze data using the basic knowledge and skills acquired in the field, and to be able to develop evidence-based solutions.
X
3
To be able to design, plan and carry out projects using professional environments and tools related to the field.
X
4
To be able to produce solutions, to take responsibilities in teams or to be able to do individual work in case of encountering unforeseen situations in field related applications.
X
5
To gain the application skills by examining the processes related to the field of public and private sector organizations on site.
X
6
Awareness of the necessity of life-long learning; To follow the developments in science and technology and to gain the consciousness of renewing itself continuously.
X
7
To acquire the ability to use computer software and hardware at the basic level required by the field.
X
8
Having a level of foreign language knowledge that can follow the innovations in the field of judge and field to effective communication techniques.
X
9
To be able to identify and effectively use the modern techniques, tools and information technologies required for applications related to the field.
10
To have a conscious of historical values, social responsibility, universal, social and professional ethics.
X
11
Business law and business security, environmental knowledge, tax law, professional legislation, other related laws and regulations, principles and concepts of accounting, international standards and quality conscious.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
40
Rate of Final Exam to Success
60
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
3
42
Guided Problem Solving
14
3
42
Resolution of Homework Problems and Submission as a Report
14
2
28
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
0
0
0
General Exam
0
0
0
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
112
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(112/30)
4
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
FINAL ACCOUNTING OPERATIONS
-
Spring Semester
3+0
3
4
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
Short Cycle (Associate's Degree)
Course Type
Required
Course Coordinator
Lect. Nuri GÜLTEKİN
Name of Lecturer(s)
Assoc.Prof. Feyza DEREKÖY
Assistant(s)
Aim
By transferring the general framework of period-end accounting transactions in enterprises, it is aimed to gain the skills of preparing period-end financial statements (balance sheet, income statement, etc.) by considering the period-end transactions separately for all asset and resource items.
Course Content
This course contains; Concept of inventory and evaluation measures, seperation of trading profit-financial profit, Inventory operations in External and Internal Accounting, Inventory operations related to Current Assets and Marketable Securities, Inventory operations related to Receivables and Inventory., Inventory operations related to Term Seperative Accounts in Current Assets, Inventory operations related to Financial Assets and Tangible Fix Assets, Inventory operations related to Intangible Fixed Assets and Term Seperative Accounts in Fixed Assets, Inventory operations related to Liabilities, Inventory operations related to Term Seperative Accounts in Liabilities, Inventory operations related to Term Seperation of Income and Expense Accounts, Inventory operations related to Reflection Accounts and Relation of Expense Accounts/Cost Accounts, Closing of Income and Expense Accounts and Inventory operations related to determining Net Profit/Loss of the period, Preparation of Year-end Financial Statements, Preparation of Year-end Financial Statements and General Evaluation.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to comprehend end of period transactions in accounting.
13, 9
A
2. Will be able to explain valuation transactions.
13, 9
A
3. Will be able to understand inventory transactions and records related to account items.
12, 13, 9
A
4. Will be able to prepare end of period financial statements.
12, 13, 9
A
5. Will be able to analyze the prepared financial statements.
12, 13, 9
A
Teaching Methods:
12: Problem Solving Method, 13: Case Study Method, 9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Concept of inventory and evaluation measures, seperation of trading profit-financial profit
2
Inventory operations in External and Internal Accounting
3
Inventory operations related to Current Assets and Marketable Securities
4
Inventory operations related to Receivables and Inventory.
5
Inventory operations related to Term Seperative Accounts in Current Assets
6
Inventory operations related to Financial Assets and Tangible Fix Assets
7
Inventory operations related to Intangible Fixed Assets and Term Seperative Accounts in Fixed Assets
8
Inventory operations related to Liabilities
9
Inventory operations related to Term Seperative Accounts in Liabilities
10
Inventory operations related to Term Seperation of Income and Expense Accounts
11
Inventory operations related to Reflection Accounts and Relation of Expense Accounts/Cost Accounts
12
Closing of Income and Expense Accounts and Inventory operations related to determining Net Profit/Loss of the period
13
Preparation of Year-end Financial Statements
14
Preparation of Year-end Financial Statements and General Evaluation
Resources
End of Period Transactions in Accounting, Prof.Dr. Sami Karacan, Umuttepe Publications
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Having adequate infrastructure in the fields of accounting, law, basic management, management and field; To gain theoretical and practical knowledge in these areas.
X
2
To be able to interpret and evaluate data, to identify and analyze data using the basic knowledge and skills acquired in the field, and to be able to develop evidence-based solutions.
X
3
To be able to design, plan and carry out projects using professional environments and tools related to the field.
X
4
To be able to produce solutions, to take responsibilities in teams or to be able to do individual work in case of encountering unforeseen situations in field related applications.
X
5
To gain the application skills by examining the processes related to the field of public and private sector organizations on site.
X
6
Awareness of the necessity of life-long learning; To follow the developments in science and technology and to gain the consciousness of renewing itself continuously.
X
7
To acquire the ability to use computer software and hardware at the basic level required by the field.
X
8
Having a level of foreign language knowledge that can follow the innovations in the field of judge and field to effective communication techniques.
X
9
To be able to identify and effectively use the modern techniques, tools and information technologies required for applications related to the field.
10
To have a conscious of historical values, social responsibility, universal, social and professional ethics.
X
11
Business law and business security, environmental knowledge, tax law, professional legislation, other related laws and regulations, principles and concepts of accounting, international standards and quality conscious.
