MECHATRONICS ENGINEERING
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ENM2003 Accounting for Engineers Fall 3 2 4 7
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Non-Departmental Elective
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi MEHMET EMİN YILDIZ
Course Lecturer(s): Prof. Dr. YAMAN ÖMER ERZURUMLU
Recommended Optional Program Components: None
Course Objectives: 1) Introducing the fundamentals of accounting,
2) Providing information about the relation between the fundamentals of accounting,
3) Explaining how the accounting principles are related to analyzing a company’s financial structure,
4) Explaining the impact of different approaches of accounting methods on the company statements,
5) Providing knowledge of how a company would be analyzed based on the information obtained from financial statements,
6) Introduce students the difference between financial and accounting analysis,
7) Introduce the students to newly developed IFRS principles and their impacts on book keeping.

Learning Outcomes

The students who have succeeded in this course;
I. Describe the fundamentals of accounting principles,
II. Construct fundamental accounting statements,
III. Forecast based on the accounting statements
IV. Define and analyze alternative approaches in preparation of the accounting statements,
V. Record business activities with respect to the rules of accounting,
VI. Analyze the accounting statements in order to examine the financial structure of the company,
VII. Compare how IFRS and US GAAP record for certain financial activities of a company,
VIII. Compare and contrast different companies accounting statements with respect to the method used

Course Content

Basic Financial Statements, Accounting Cycle, Merchandising Activities, Financial Assets, Inventories and COGS, Plant and Intangible Assets, Liabilities, Stockholder’s Equity, Income and Changes in Retained Earnings, Major Issues in IFRS and US GAAP

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Basic Financial Statement Read Chapter 1
1) Accrual Accounting and Financial Statements Read Chapter 4
2) Accounting the language of business Read Chapter 1
3) Measuring Income to Access Performance Read Chapter 2
4) Recording Transactions Read Chapter 3
5) Accrual Accounting and Financial Statements Read Chapter 4
6) Statement of Cash Flow Read Chapter 5
7) Midterm Study the first 5 chapters
8) Accounting for Sales Read Chapter 6
9) Inventories and COGS Read Chapter 7
10) Inventories and COGS Read Chapter 7
11) Long-lived Assets Read Chapter 8
12) Long-lived Assets Read Chapter 8
13) Liabilities and Interest Read Chapter 9
14) Stockholder’s Equity Read Chapter 10

Sources

Course Notes / Textbooks: Horngren etal, Principles of Accounting 2014, Pearson
References: Williams Haka Betner Principles of Accounting

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 1 % 19
Quizzes 8 % 8
Homework Assignments 8 % 19
Midterms 1 % 14
Final 1 % 40
Total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Application 14 2 28
Study Hours Out of Class 13 4 52
Homework Assignments 8 4 32
Quizzes 8 1 8
Midterms 1 3 3
Final 1 3 3
Total Workload 168

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Build up a body of knowledge in mathematics, science and Mechatronics Engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2) Identify, formulate, and solve complex Mechatronics Engineering problems; select and apply proper modeling and analysis methods for this purpose.
3) Design complex Mechatronic systems, processes, devices or products under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose.
4) Devise, select, and use modern techniques and tools needed for solving complex problems in Mechatronics Engineering practice; employ information technologies effectively.
5) Design and conduct numerical or pysical experiments, collect data, analyze and interpret results for investigating the complex problems specific to Mechatronics Engineering.
6) Cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working on Mechatronics-related problems.
7) Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing. Write and understand reports, prepare design and production reports, deliver effective presentations, give and receive clear and understandable instructions.
8) Recognize the need for life-long learning; show ability to access information, to follow developments in science and technology, and to continuously educate oneself.
9) Develop an awareness of professional and ethical responsibility, and behave accordingly. Be informed about the standards used in Mechatronics Engineering applications.
10) Learn about business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11) Acquire knowledge about the effects of practices of Mechatronics Engineering on health, environment, security in universal and social scope, and the contemporary problems of Mechatronics engineering; is aware of the legal consequences of Mechatronics engineering solutions.