Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| FINAL ACCOUNTING OPERATIONS | MLY1227680 | Spring Semester | 3+0 | 3 | 4 |
| Course Program | Çarşamba 13:30-14:15 Çarşamba 14:30-15:15 Çarşamba 15:30-16:15 |
| 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. Nuri GÜLTEKİN |
| 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. |
| Course Learning Outcomes | 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 |
| 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 | Has basic, current and practical knowledge about his/her profession. | X | |||||
| 2 | Have knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 3 | Follows current developments and practices for his/her profession and uses them effectively. | X | |||||
| 4 | Uses professional-related information technologies (software, programs, animations, etc.) effectively. | X | |||||
| 5 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and to propose solutions. | ||||||
| 6 | Can effectively present thoughts through written and oral communication at the level of knowledge and skills and express them in an understandable manner. | X | |||||
| 7 | Takes responsibility as a team member to solve unforeseen and complex problems encountered in applications related to his/her field. | X | |||||
| 8 | Has awareness of career management and lifelong learning. | ||||||
| 9 | It has social, scientific, cultural and ethical values in the stages of collecting data related to its field, applying it and announcing the results. | X | |||||
| 10 | Keeps up with information in his/her field and communicates with colleagues using a foreign language. | ||||||
| 11 | Explains the basic concepts in the field of finance and analyzes economic and financial events. | X | |||||
| 12 | Performs accounting transactions in accordance with the legislation, prepares and analyzes financial statements. | X | |||||
| 13 | Explains and applies taxation processes, tax calculation, tax crimes and penalties, tax disputes and declaration preparation procedures. | X | |||||
| 14 | Explains the public spending, taxation, borrowing, budgeting processes and fiscal policy practices and evaluates their results. | 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 | MLY1227680 | Spring Semester | 3+0 | 3 | 4 |
| Course Program | Çarşamba 13:30-14:15 Çarşamba 14:30-15:15 Çarşamba 15:30-16:15 |
| 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. Nuri GÜLTEKİN |
| 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. |
| Course Learning Outcomes | 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 |
| 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 | Has basic, current and practical knowledge about his/her profession. | X | |||||
| 2 | Have knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 3 | Follows current developments and practices for his/her profession and uses them effectively. | X | |||||
| 4 | Uses professional-related information technologies (software, programs, animations, etc.) effectively. | X | |||||
| 5 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and to propose solutions. | ||||||
| 6 | Can effectively present thoughts through written and oral communication at the level of knowledge and skills and express them in an understandable manner. | X | |||||
| 7 | Takes responsibility as a team member to solve unforeseen and complex problems encountered in applications related to his/her field. | X | |||||
| 8 | Has awareness of career management and lifelong learning. | ||||||
| 9 | It has social, scientific, cultural and ethical values in the stages of collecting data related to its field, applying it and announcing the results. | X | |||||
| 10 | Keeps up with information in his/her field and communicates with colleagues using a foreign language. | ||||||
| 11 | Explains the basic concepts in the field of finance and analyzes economic and financial events. | X | |||||
| 12 | Performs accounting transactions in accordance with the legislation, prepares and analyzes financial statements. | X | |||||
| 13 | Explains and applies taxation processes, tax calculation, tax crimes and penalties, tax disputes and declaration preparation procedures. | X | |||||
| 14 | Explains the public spending, taxation, borrowing, budgeting processes and fiscal policy practices and evaluates their results. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |