ba 221 - financial accounting

BA 221 - Financial Accounting

COURSE INTRODUCTION AND APPLICATION INFORMATION

Course Name

Code

Semester

Theory(hour/week)

Application/Laboratory(hour/week)

LocalCredits

ECTS

Financial Accounting BA 221 Fall 3 0 3 6

Prerequisites None

Course Language English

Course Type Required

Course Level First Cycle

Course Coordinator -

Course Lecturer(s) -

Course Assistants -

Course Objectives This course aims to examine the accounting process, the financial reporting of business

transactions in of firms, introduce the main principles of accounting, and how the

accounting information is used by the decision makers. Moreover, the objective of this

course is to examine the items of the balance sheet and the income statement in detail.

Course Learning Outcomes The students who succeeded in this course;

* will be able to describe the accounting profession and the organizations that govern

it

* will be able to define and use the accounting equation.

* will be able to explain and prepare the financial statements

* will be able to prepare the trial balance from the T-Accounts

* will be able to define inventory costing methods

Course Content This course aims to set the fundamental basis for the future accounting courses by

covering the bookkeeping process and the reporting of the basic financial statements as

the balance sheet, income statement, the statement of cash flows, and the statement of

retained earnings.

İzmir University of Economics | Management Information System Directorate | ECTS Information Guide: http://ects.ieu.edu.tr | 1635469194

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WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation

1 Introduction: Accounting and the business environment The Principles of

Accounting

Horngren, Harrison & Oliver, Accounting,

8th ed., Birinci Bölüm, sayfa

2992Horngren, Harrison & Oliver,

Accounting, 8th ed., Birinci Bölüm, sayfa

29541st chapter, pp: 2992

2 Introduction to the process of accounting Horngren, Harrison & Oliver, Accounting,

8th ed., İkinci Bölüm, sayfa

93109Horngren, Harrison & Oliver,

Accounting, 8th ed., İkinci Bölüm, sayfa

931092nd chapter, pp: 93109

3 Recording Business Transactions Horngren, Harrison & Oliver, Accounting,

8th ed., İkinci Bölüm, sayfa 110161


8th ed., İkinci Bölüm, 2nd chapter, pp:

110161

4 Recording Business Transactions, The Adjusting Process Horngren, Harrison & Oliver, Accounting,

8th ed., Üçüncü Bölüm, sayfa 1612333rd

chapter, pp: 161233

5 Recording Business Transactions, Completeling the account cycle. Horngren, Harrison & Oliver, Accounting,

8th ed., Dördüncü Bölüm, sayfa

2342874th chapter, pp: 234287

6 Merchandising Business Operations, Merchandising Inventories Horngren, Harrison & Oliver, Accounting,

8th ed., Beşinci Bölüm, sayfa 2983165 th

chapter, pp: 298316

7 Merchandising Business Operations and reporting financial statements Horngren, Harrison & Oliver, Accounting,

8th ed., Beşinci Bölüm, sayfa 3163585 th

chapter, pp: 316358

8 Merchandising Inventories Horngren, Harrison & Oliver, Accounting,

8th ed., Altıncı Bölüm, sayfa 3594056th

chapter, pp:359405


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9 Internal Control and Cash Horngren, Harrison & Oliver, Accounting,

8th ed., Yedinci Bölüm, sayfa 4064567th

chapter, pp:406456

10 ReceivablesDiscounting Notes Receivable and Interest Horngren, Harrison & Oliver, Accounting,

8th ed., Sekizinci Bölüm, sayfa

4574738th chapter, pp:457473

11 What are the tangible assets?What is depreciation? What are the methods

ofDepreciation?


8th ed; Dokuzuncu Bölüm sayfa

5085529th chapter, pp. 508552

12 What are the Current and the Long Term Liabilities?How to calculate the interest

rate, What are the contingent liabilities? What are bonds/bills? How are they priced?

Accounting for bonds/bills.


8th ed; Onuncu Bölüm sayfa 55260410

th chapter, pp. 552570

13 What are corporations? Issuing stocks and accounting. What are retained

earnings? How is accounting for cash dividends?


8th ed Onbirinci Bölüm sayfa

62366811th chapter, pp: 623668

14 Accounting for stock dividends, accounting for treasury bills. Horngren, Harrison & Oliver, Accounting,

8th ed Onikinci Bölüm sayfa 66968412th

chapter, pp: 669684

15 How important is the Statement of Cash Flows? Distinquishing among operating,

investing, and financing cash flows, What is the Indirect Method of the Statement of

Cash Flows?


8th ed Onüçüncü Bölüm sayfa

70974813th chapter, pp: 709748

16 Review of the Semester

SOURCES

Course Notes / Textbooks Horngren, Harrison & Oliver, Accounting, 8th ed

References Various


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EVALUATION SYSTEM

Semester Requirements Number Percentage of Grade

Attendance/Participation - -

Laboratory - -

Application - -

Field Work - -

Special Course Internship (Work Placement) - -

Quizzes/Studio Critics - -

Homework Assignments 25 10

Presentation/Jury - -

Project - -

Seminar/Workshop - -

Midterms/Oral Exams 1 40

Final/Oral Exam 1 50

Total 27 100

PERCENTAGE OF SEMESTER WORK - 50

PERCENTAGE OF FINAL WORK - 50

Total 0 100

COURSE CATEGORY

Course Category Core Courses

Major Area Courses

Supportive Courses

Media and Managment Skills Courses

Transferable Skill Courses


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THE RELATIONSHIP BETWEEN COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS

# Program Qualifications / Outcomes * Level of Contribution

1 2 3 4 5

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

ECTS / WORKLOAD TABLE

Activities Number Duration (Hours) Total Workload

Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48

Laboratory - - -

Application - - -

Special Course Internship (Work Placement) - - -

Field Work - - -

Study Hours Out of Class 15 3 45

Presentations / Seminar - - -

Project - - -

Homework Assignments 25 2 50

Quizzes - - -

Midterms / Oral Exams 1 9 9

Final / Oral Exam 1 8 8

Total Workload 160


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ba 221 - financial accounting

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