Department of Banking and Insurance (Turkish)

MUH 190 | Course Introduction and Application Information

Course Name

Financial Accounting I

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
MUH 190	Fall	3	0	3	4

Prerequisites	None
Course Language
Course Type	Required
Course Level	-
Mode of Delivery	-
Teaching Methods and Techniques of the Course	Discussion Problem Solving Lecture / Presentation
National Occupation Classification	-
Course Coordinator	Öğr. Gör. Dr. Tolga GENÇ
Course Lecturer(s)	Öğr. Gör. Dr. Tolga GENÇ
Assistant(s)	-

Course Objectives

This course aims to enable the student to perform accounting records and prepare the company's year-end balance sheet.

Learning Outcomes

#	Content	PC Sub	* Contribution Level
#	Content	PC Sub	1	2	3	4	5
1	Explain the basic concepts of accounting and relate them to accounting transactions
2	Create a chart of accounts
3	Record asset accounts
4	Prepare the general ledger and trial balance
5	Prepare a balance sheet.

Course Description

The student will be able to explain the basic concepts of accounting, perform the necessary accounting records by applying accounting procedures and principles, create accounting ledgers, and prepare the year-end balance sheet.

Course Category	Core Courses
	Major Area Courses
	Supportive Courses
	Media and Management Skills Courses
	Transferable Skill Courses

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week	Subjects	Related Preparation	Learning Outcome
1	Definition of accounting, its functions, users of accounting information, scope of accounting, and basic concepts of accounting	Sevilengül, O. (2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426.. Chapter 1-2
2	Definition of balance sheet, basic balance sheet equation, the impact of financial transactions on the balance sheet	Sevilengül, O.(2020). Genel Muhasebe Gazi Kitabevi. ISBN: 9786257855426. Chapter 2
3	Concept of account, operation and rules of accounting accounts, sequence of accounting transactions	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 3
4	Ledgers and records in accounting, monthly trial balances, general provisional trial balance, concept of inventory, final trial balance, year-end balance sheet, and income statement	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 4
5	Ledgers and records in accounting, monthly trial balances, general provisional trial balance, concept of inventory, final trial balance, year-end balance sheet, and income statement	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 4
6	Concept of assets and current assets accounts	Sevilengül, O.(2020). Genel Muhasebe..Gazi Kitabevi. ISBN: 9786257855426. Chapter 5
7	Current assets accounts	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 5
8	MIDTERM WEEK
9	Fixed assets accounts	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 5
10	Short-term liabilities accounts	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 6
11	Long-term liabilities accounts	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 6
12	Equity accounts	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 6
13	Income statement accounts	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 8
14	Income statement accounts	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapterr 8
15	Year-end transactions	Sevilengül, O.(2020). Genel Muhasebe. Gazi Kitabevi. ISBN: 9786257855426. Chapter 9
16	FINAL WEEK

Course Notes/Textbooks
Suggested Readings/Materials

EVALUATION SYSTEM

Semester Activities	Number	Weighting	LO 1	LO 2	LO 3	LO 4	LO 5
Participation	1	10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm	1	40
Final Exam	1	50
Total

Weighting of Semester Activities on the Final Grade	2	50
Weighting of End-of-Semester Activities on the Final Grade	1	50
Total

ECTS / WORKLOAD TABLE

Semester Activities	Number	Duration (Hours)	Workload
Theoretical Course Hours (Including exam week: 16 x total hours)	16	3	48
Laboratory / Application Hours (Including exam week: '.16.' x total hours)	16		0
Study Hours Out of Class	14	2	28
Field Work			0
Quizzes / Studio Critiques			0
Portfolio			0
Homework / Assignments			0
Presentation / Jury			0
Project			0
Seminar / Workshop			0
Oral Exam			0
Midterms	1	18	18
Final Exam	1	26	26
		Total	120

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#	PC Sub	Program Competencies/Outcomes	* Contribution Level
#	PC Sub	Program Competencies/Outcomes	1	2	3	4	5
1	To be able to develop themselves in the subjects of obtaining the financial resources necessary for the activities of individuals and enterprises under the most favorable conditions and examining the use of the accumulated funds.		-	-	-	-	-
2	To be able to discuss the role, importance and functions of the institutions providing banking and insurance services in the economic system		-	-	-	-	-
3	To be able to evaluate the organizational structure, business processes, and service portfolios of banks, insurance companies, and other financial institutions operating in the sector.		-	-	-	-	-
4	To be able to develop skills in identifying, measuring, and assessing financial and operational risks, and to acquire fundamental knowledge to understand and apply insurance products against these risks.		-	-	-	-	-
5	To be able to recognize financial products offered in the banking and insurance sector, and to gain skills in effective marketing and sales, as well as managing long-term customer relationships.		-	-	-	-	-
6	To be able to possess basic legal knowledge and closely monitor legislative changes relevant to the field.		-	-	-	-	-
7	To be able to possess basic knowledge of accounting and analyze financial statements to evaluate the financial status of businesses.		-	-	-	-	-
8	To be able to follow technological innovations in the financial sector and acquire knowledge about the role of blockchain and artificial intelligence applications in the industry.		-	-	-	-	-
9	To be able to make decisions based on the principles of professional ethics, accountability and responsibility		-	-	-	-	-
10	To be able to follow international financial markets and global economic indicators by using English at least at the A2 level of the "European Language Portfolio"		-	-	-	-	-
11	To be able to analyze and interpret banking and insurance data, and to develop data-driven strategies for financial decision-making.		-	-	-	-	-
12	To be able to acquire knowledge about the components of national and international systems and the implementation of sector policies.		-	-	-	-	-
13	To be able to direct his/her education to a further level of education		-	-	-	-	-