| INDUSTRIAL ENGINEERING | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| BA2223 | Principles of Accounting I | Fall | 3 | 0 | 3 | 6 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
| 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 : | Prof. Dr. ELİF OKAN |
| Course Lecturer(s): |
Prof. Dr. FİGEN TÜRÜDÜOĞLU Prof. Dr. HÜMEYRA ADIGÜZEL Prof. Dr. FATMA ÖZKUL |
| Recommended Optional Program Components: | None |
| Course Objectives: | Principles of Accounting I is a course that introduces students to the fundamentals of financial accounting. Financial accounting is the field of accounting that provides economics and financial information for external users, such as investors and creditors.This course deals mainly with accounting cycle, recording and adjusting process and accounting for merchandising operations. After completing this course, the students are expected to learn how to record the financial iformation and prepare financial statements. |
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The students who have succeeded in this course; The students who have succeeded in this course; 1. Learn to comprehend a new discipline in detail 2. Build a good background in financial matters 3. Learn the basic information about financial reporting 4. Learn the effects of financial factors on business performance, in short, to establish cause-effect relationships. 5. Learn the terminology of this discipline in English |
| The teaching methods of the course are Lecture, Problem Solving. Principles of Accounting I course teaches the fundamental concepts and practices of financial accounting. This course covers the preparation and analysis of essential financial statements, including the balance sheet, income statement, and cash flow statement. Students will learn to apply the accounting cycle and basic accounting principles, enhancing their financial reporting skills. |
| Week | Subject | Related Preparation |
| 1) | Orientation Explanation of Course syllabus and my accounting lab | |
| 2) | Accounting and Business Environment Accounting profession, accounting concepts and principles, the accounting equation, using financial statement to evaluate business performance | Quiz |
| 3) | Recording Business Transactions The account, the journal and the ledger; debits, credits, and double -entry accounting; steps of the transaction recording process | Quiz Homework |
| 4) | Recording Business Transactions Journalizing transactions and preparing the trial balance | Quiz Homework |
| 5) | The Adjusting Process Accrual accounting versus cash basis accounting, adjusting entries | Quiz Homework |
| 6) | The Adjusting Process The adjusted trial balance and preparing the statements, relationships among the financial statements | Quiz Homework |
| 7) | Review | |
| 8) | Completing the Accounting Cycle Closing the accounts, post-closing trial balance | Quiz Homework |
| 9) | Completing the Accounting Cycle Classifying assets and liabilities, the classified balance sheet | Quiz Homework |
| 10) | Merchandising Operations Two types of inventory systems, account for purchase of inventory | Quiz Homework |
| 11) | Merchandising Operations Account for sale of inventory | Quiz Homework |
| 12) | Merchandise Inventory Inventory costing methods | Quiz Homework |
| 13) | Merchandise Inventory Inventory costing methods | Quiz Homework |
| 14) | Final review, problem session |
| Course Notes / Textbooks: | The name and other information of the e-textbook are given below; Horngren’s Accounting, the Financial Chapters, Pearson, 11th Global Edition Authors: Nobles, Mattison, Matsumura Resourses are very important for this course. Students must have the CODE (not the textbook) to reach the course material (like e-textbook, power point presentations) and also to get connected to the MYACCOUNTINGLAB platform which will be used for this course. Therefore you MUST have the CODE. |
| References: |
| Semester Requirements | Number of Activities | Level of Contribution |
| Quizzes | 10 | % 20 |
| Homework Assignments | 9 | % 20 |
| Final | 1 | % 60 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 40 | |
| PERCENTAGE OF FINAL WORK | % 60 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload |
| Course Hours | 14 | 42 |
| Study Hours Out of Class | 13 | 45 |
| Homework Assignments | 10 | 29 |
| Quizzes | 10 | 30 |
| Midterms | 1 | 2 |
| Final | 1 | 2 |
| Total Workload | 150 | |
| 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 industrial engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems. | |
| 2) | Identify, formulate, and solve complex engineering problems; select and apply proper analysis and modeling methods for this purpose. | |
| 3) | Design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose. The ability to apply modern design methods to meet this objective. | |
| 4) | Devise, select, and use modern techniques and tools needed for solving complex problems in industrial engineering practice; employ information technologies effectively. | |
| 5) | Design and conduct experiments, collect data, analyze and interpret results for investigating the complex problems specific to industrial engineering. | |
| 6) | Cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working independently. | |
| 7) | Demonstrate effective communication skills in both oral and written English and Turkish. Writing and understanding reports, preparing design and production reports, making effective presentations, giving and receiving clear and understandable instructions. | |
| 8) | Recognize the need for lifelong learning; show ability to access information, to follow developments in science and technology, and to continuously educate him/herself. | 3 |
| 9) | Develop an awareness of professional and ethical responsibility, and behaving accordingly. Information about the standards used in engineering applications. | |
| 10) | Know business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development. | 4 |
| 11) | Know contemporary issues and the global and societal effects of modern age engineering practices on health, environment, and safety; recognize the legal consequences of engineering solutions. | |
| 12) | Develop effective and efficient managerial skills. |