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) | Lect. Gülnihal TORAMANLI |
| 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 | Have knowledge to follow the scientific information about the business management literature, the ability of assessment and apply about the whole current business functions . | X | |||||
| 2 | Have the theoretical ability to establish a relationship among business management literature and other related disciplines. | X | |||||
| 3 | Students recognize and comment the mathematical calculations, the accounting records and financial analysis concerning their business activities. | X | |||||
| 4 | Have the knowledge and equipment to follow the relevant legislation and fulfill the legal responsibility of the company. | X | |||||
| 5 | Have knowledge about economic literature in order to manage resources of the company effectively. | X | |||||
| 6 | Have the ability to develop innovative recommendations about solutions regarding the problems faced by the management, production and marketing. | X | |||||
| 7 | Students able to identify, analyze and propose solutions to the problems about the issues related to the field at a basic level studies. | X | |||||
| 8 | Have a perspective to evaluate with a critical approach the basic level of knowledge and skills about the functions carried out by a company, compare the situations faced in business and literature, include the experiences on their learning process. | X | |||||
| 9 | Students follow and evaluate national and international developments regarding the business operations. | X | |||||
| 10 | Students able to communicate by expressing ideas and knowledge stating clearly and concisely both orally and in writing. | X | |||||
| 11 | Students effectively use the Turkish language in written and oral communication. | X | |||||
| 12 | Students have professional foreign language to do international correspondence in the field. | X | |||||
| 13 | Have ability to use communication technologies effectively that can helpful in business life. | X | |||||
| 14 | Aware to adopt a quality-oriented approach in the operating activities and use in application as well. | X | |||||
| 15 | Comply with the laws and rules of professional ethics about their personal responsibilities. | X | |||||
| 16 | Students aware that business activities should respect on public health, environmental protection and job security issues also in their professional decisions take into consideration these issues. | 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) | Lect. Gülnihal TORAMANLI |
| 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 | Have knowledge to follow the scientific information about the business management literature, the ability of assessment and apply about the whole current business functions . | X | |||||
| 2 | Have the theoretical ability to establish a relationship among business management literature and other related disciplines. | X | |||||
| 3 | Students recognize and comment the mathematical calculations, the accounting records and financial analysis concerning their business activities. | X | |||||
| 4 | Have the knowledge and equipment to follow the relevant legislation and fulfill the legal responsibility of the company. | X | |||||
| 5 | Have knowledge about economic literature in order to manage resources of the company effectively. | X | |||||
| 6 | Have the ability to develop innovative recommendations about solutions regarding the problems faced by the management, production and marketing. | X | |||||
| 7 | Students able to identify, analyze and propose solutions to the problems about the issues related to the field at a basic level studies. | X | |||||
| 8 | Have a perspective to evaluate with a critical approach the basic level of knowledge and skills about the functions carried out by a company, compare the situations faced in business and literature, include the experiences on their learning process. | X | |||||
| 9 | Students follow and evaluate national and international developments regarding the business operations. | X | |||||
| 10 | Students able to communicate by expressing ideas and knowledge stating clearly and concisely both orally and in writing. | X | |||||
| 11 | Students effectively use the Turkish language in written and oral communication. | X | |||||
| 12 | Students have professional foreign language to do international correspondence in the field. | X | |||||
| 13 | Have ability to use communication technologies effectively that can helpful in business life. | X | |||||
| 14 | Aware to adopt a quality-oriented approach in the operating activities and use in application as well. | X | |||||
| 15 | Comply with the laws and rules of professional ethics about their personal responsibilities. | X | |||||
| 16 | Students aware that business activities should respect on public health, environmental protection and job security issues also in their professional decisions take into consideration these issues. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |