Information
Course Goal / Objective
To learn how to organize period-end transactions and basic financial statements.
Course Content
To learn the transactions and accounting records made at the end of the period and to arrange a balance, balance sheet and income table according to the result of these.
Course Precondition
No prerequisite
Resources
General Accounting, Karahan Bookstore, Prof. Dr. Veyis Naci TANIŞ
Notes
Period-end Procedures, Anadolu University Publications, 2013, Assoc. Dr. Ayşe Banu BAŞAR (Editor)
Course Learning Outcomes
Order | Course Learning Outcomes |
---|---|
LO01 | Explain inventory and inventory operations |
LO02 | Understand valuation measures |
LO03 | Do period-end the inventory procedures |
LO04 | Make the separation of commercial and financial profits |
LO05 | Do how to close income and expense accounts |
LO06 | Build year end closing entry |
LO07 | Prepares the period-end balance sheet |
LO08 | Prepares period-end income statement |
Relation with Program Learning Outcome
Order | Type | Program Learning Outcomes | Level |
---|---|---|---|
PLO01 | Bilgi - Kuramsal, Olgusal | Explain all the basic functions of the business conceptually. | 2 |
PLO02 | Bilgi - Kuramsal, Olgusal | Explain the basic economic concepts and the relationship between basic economic concepts and business management concepts. | 3 |
PLO03 | Bilgi - Kuramsal, Olgusal | Define the basic information about the law discipline related to the field of business administration. | |
PLO04 | Beceriler - Bilişsel, Uygulamalı | Transfer information about the field of business in the language of learning by using effective verbal, written and visual communication methods. | |
PLO05 | Beceriler - Bilişsel, Uygulamalı | Determine the most appropriate approaches, implementations and methods of business management considering sectors, their sizes, resources, cultures, goals and objectives. | 4 |
PLO06 | Beceriler - Bilişsel, Uygulamalı | Determine appropriate methods to solve business problems. | 4 |
PLO07 | Beceriler - Bilişsel, Uygulamalı | Research in the field of business and reports the results of the research for use in managerial decision-making processes. | 2 |
PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Effectively work as a team and takes the necessary responsibility within the team. | 3 |
PLO09 | Yetkinlikler - Öğrenme Yetkinliği | As well as professional development, improve him-/herself continuously in scientific, social, cultural and artistic fields according to his/her interests and abilities, identifying needs of learning. | 4 |
PLO10 | Yetkinlikler - Öğrenme Yetkinliği | Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning. | |
PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Use basic numerical and statistical analysis programs of business management. | 4 |
PLO12 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Monitor the external environment factors such as sector structure, competition, technology, economy, politics and culture that affect the activities of businesses and interpret their effects on businesses. | 3 |
PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use/report/interpret Business Information Systems and sub-modules required by business management. | |
PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements in academic and business life. | |
PLO15 | Yetkinlikler - Alana Özgü Yetkinlik | Become aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values. | |
PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Follow latest developments in the field, and sustain personal and professional development with the awareness of the necessity of life long learning |
Week Plan
Week | Topic | Preparation | Methods |
---|---|---|---|
1 | Introduction to the course | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım |
2 | Scope of period-end transactions | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
3 | Valuation measures | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
4 | Stages of period-end transactions | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
5 | Inventory transactions of balance sheet accounts | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
6 | Inventory transactions related to income statement accounts | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
7 | Separation of cost and running expenses | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
8 | Mid-Term Exam | To make for exam preparation from course materials | Ölçme Yöntemleri: Yazılı Sınav |
9 | Commercial and financial profit | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
10 | Valuation of assets, receivables and liabilities | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
11 | Cost of sales and inventory valuation methods | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Alıştırma ve Uygulama |
12 | Depreciation methods and depreciation records | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Tartışma |
13 | Cost of sales, Period profit/ loss determination and accounting records | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
14 | Preparation of balance sheet and income statement | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
15 | Closing records and future opening records, application examples | To make for course preparation from course materials | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama, Örnek Olay |
16 | Term Exams | To make for exam preparation from course materials | Ölçme Yöntemleri: Yazılı Sınav |
17 | Term Exams | To make for exam preparation from course materials | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
Works | Number | Time (Hour) | Workload (Hour) |
---|---|---|---|
Course Related Works | |||
Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
Assesment Related Works | |||
Homeworks, Projects, Others | 0 | 0 | 0 |
Mid-term Exams (Written, Oral, etc.) | 1 | 7 | 7 |
Final Exam | 1 | 18 | 18 |
Total Workload (Hour) | 109 | ||
Total Workload / 25 (h) | 4,36 | ||
ECTS | 4 ECTS |