LaSalle Programmes

USEFUL INFORMATION, RESOURCES & SERVICES FOR STUDENTSUSEFUL LINKS AND DOCUMENTS ADITIONAL & SUPPORTING INFORMATION

SECTION I: GENERAL INFORMATION ABOUT THE COURSE

Course Code	Course Name	Year	Semester	Theoretical	Practical	Credit	ECTS
60411MEEOZ-BUS0261	Financial Accounting	1	Fall	2	1	3	6

Course Type :	Compulsory
Cycle:	Bachelor TQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Language of Instruction:	English
Prerequisities and Co-requisities:	N/A
Mode of Delivery:	Face to face
Name of Coordinator:	Dr. Öğr. Üyesi SEZİN AÇIK TAŞAR
Dersin Öğretim Eleman(lar)ı:	Instructor STAFF Dr. Öğr. Üyesi SEZİN AÇIK TAŞAR Dr. Öğr. Üyesi BURCU GÜVEN
Dersin Kategorisi:	Programme Specific

SECTION II: INTRODUCTION TO THE COURSE

Course Objectives & Content

Course Objectives:

The aim of this course is to enable students to understand the business operations’ financial aspects. With the help of the course, it is aimed that critical analysis perspective will be gained, accounting data will be interpreted and decision making process for the businesses will be simplified by the financial data.

Course Content:

The course requires accounting principles that are used in preparing financial statements for in any scale businesses. The financial accounting course also emphasizes the logic of fundemental accounting concepts. In the course, in accordance with the Uniform Chart of Accounts: Balance Sheet Accounts, Income Statement Accounts, Expenses and Cost Accounting, Trial Balance, Income Statement and Balance Sheet are covered.

Course Specific Rules

At least 70% attendance is expected.

Course Learning Outcomes (CLOs)

Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:



Knowledge *(Described as Theoritical and/or Factual Knowledge.)*
1) Explain financial aspects of a business.
2) Explain the importance of financial accounting data in a company.
Skills *(Describe as Cognitive and/or Practical Skills.)*
Competences *(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)*
1) Learn recording, classifying and summarizing financial information.
2) Understand the process of a record in general journal to balance sheet or income statement
3) Understand the key financial accounts and what kind of relationship of operating and financial activities have with the key financial accounts.
4) Apply the key concepts learned in the course to solve financial accounting problems.

Weekly Course Schedule

Week	Subject	Materials Sharing *
		Related Preparation	Further Study
1)	Basic concepts of business and accounting information. Business and accounting relationship	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
2)	Accounting and functioning of accounts - T-accounting -Accounting equalition	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
3)	Basic financial statements, uniform chart of accounts, functioning of accounts -To prepare balance of sheet and income statement	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
4)	Journal Entries and preparation of Trial Balance	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
5)	Accrual based accounting, Adjusting entries, Adjusted trial balance	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
6)	Closing entries, preparation of financial statements of service companies	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
7)	Review	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
8)	Midterm exam
9)	Transactions of merchandising companies	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
10)	Transactions of Merchandising Companies Cont.	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
11)	Short term liquid assets	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
12)	Accounting for receivables, Valuation of account receivables, allowances for bad debt	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
13)	Accounting for inventories, inventory measurement, periodic and perpetual inventory methods	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
14)	Review	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
15)	Review	Principles of Accounting, Needles, Powers, Crosson 12 Edition, Cengage, 2014 Accounting "Tools for Decision Making " , Kimmel , 3rd Edition, Wiley Plus, 2009 . Financial Accounting , Libby and Hodge, 10th Edition, McGrawHill, 2019. Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners, Wayne Label, Sourcebooks, 3rd Edition, 2019.
16)	Final Exam

*These fields provides students with course materials for their pre- and further study before and after the course delivered.

SECTION III: RELATIONSHIP BETWEEN COURSE UNIT AND COURSE LEARNING OUTCOMES (CLOs)

(The matrix below shows how the course learning outcomes (CLOs) associates with programme learning outcomes (both KPLOs & SPLOs) and, if exist, the level of quantitative contribution to them.)

Relationship Between CLOs & PLOs

(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )

CLOs/PLOs	KPLO 1		KPLO 2	KPLO 3		KPLO 4				KPLO 5
CLOs/PLOs	1	2	1	1	2	1	2	3	4	1	2	3	4	5	6	7	8	9	10	11	12
CLO1
CLO2
CLO3
CLO4
CLO5
CLO6

Level of Contribution of the Course to PLOs

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Programme Learning Outcomes	Contribution Level (from 1 to 5)
1)	Learns and uses the basic information, concepts and theories required in the field of international trade.	5
	1.1 Apart from subjects such as finance, business, economics, management-organization, marketing, sales management, human resources management, which constitute the main subjects of business management, it is also necessary for foreign trade, logistics, supply chain management, customs, insurance and risk management. have the necessary basic information.	5
	1.2 Except the core subjects of the business, students have knowledge about leadership, behavioral sciences, communication and entrepreneurship; in the field of service, mathematics, statistics, law, operations research, information processing and management information systems.	4
2)	Use information and communication technologies and business applications and international trade in information systems effectively.	4
	2.1 Students will be able to benefit from contemporary information technologies and tools in business life, are willing to learn continuously, are open to innovations and can easily adapt to changes.	4

3)	Can develop effective management strategies using appropriate theory and methods; plan, co-ordinate, implement and control management processes	5
	3.1 Improves analytical thinking, problem solving in organizational issues, time management, self-discipline and communication skills.	5
	3.2 Uses problem solving, time management, self-discipline and effective communication skills at work.	5
4)	Applies the theoretical knowledge in business life during a semester.	4
	4.1 Experiences all processes in business life.	4
	4.2 Takes part in activities related to the field of education in a business operating in the field.	4
	4.3 Questions the application with theoretical knowledge.	5
	4.4 Compiles the knowledge and experience gained in the field.	5
5)	S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field.	5
	5.1 Acquires the analyzing solving the problems and managing the conflicts.	5
	5.2 Participates as a team member and takes responsibility in the environments that require the solving of the conflicts and acts as a leader when necessary.	4
	5.3 Has awareness for ethical and social responsivity.	5
	5.4 By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her group in a systematical and effective way.	5
	5.5 Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view.	4
	5.6 Develops strategical, innovative and entrepreneurial ideas.	5
	5.7 Acquires competence of managing the change.	4
	5.8 Shows development personally and socially with and awareness for lifelong learning.	5
	5.9 Follows advanced technologies and developments about digital transformation.	4
	5.10 Has cultural awareness and s/he transfers this to the groups within and outside his/her field.	4
	5.11 Has awareness about citizenship competency.	3
	5.12 Acquires communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+).	4

SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE

Teaching & Learning Methods of the Course

(All teaching and learning methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)

Teaching and Learning Methods defined at the Programme Level	Teaching and Learning Methods Defined for the Course
Lectures
Discussion
Case Study
Problem Solving
Demonstration
Views
Laboratory
Reading
Homework
Project Preparation
Thesis Preparation
Peer Education
Seminar
Technical Visit
Course Conference
Brain Storming
Questions Answers
Individual and Group Work
Role Playing-Animation-Improvisation
Active Participation in Class

Assessment & Evaluation Methods of the Course

(All assessment and evaluation methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)

Aassessment and evaluation Methods defined at the Programme Level	Assessment and Evaluation Methods defined for the Course
Midterm
Presentation
Final Exam
Quiz
Report Evaluation
Homework Evaluation
Oral Exam
Thesis Defense
Jury Evaluation
Practice Exam
Evaluation of Implementation Training in the Workplace
Active Participation in Class
Participation in Discussions

Relationship Between CLOs & Teaching-Learning, Assesment-Evaluation Methods of the Course

(The matrix below shows the teaching-learning and assessment-evaluation methods designated for the course unit in relation to the course learning outcomes.)

LEARNING & TEACHING METHODS

COURSE LEARNING OUTCOMES

ASSESMENT & EVALUATION METHODS

CLO1

CLO2

CLO3

CLO4

CLO5

CLO6

-Lectures

-Midterm

-Discussion

-Presentation

-Case Study

-Final Exam

-Problem Solving

-Quiz

-Demonstration

-Report Evaluation

-Views

-Homework Evaluation

-Laboratory

-Oral Exam

-Reading

-Thesis Defense

-Homework

-Jury Evaluation

-Project Preparation

-Practice Exam

-Thesis Preparation

-Evaluation of Implementation Training in the Workplace

-Peer Education

-Active Participation in Class

-Seminar

- Participation in Discussions

-Technical Visit

-Course Conference

-Brain Storming

-Questions Answers

-Individual and Group Work

-Role Playing-Animation-Improvisation