COURSE INFORMATION Course Title: FINANCIAL ACCOUNTING II

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BUS 232	B	4	4	0	0	4	5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Mustafa Üç , Monday 9:00-17:00, Friday 9:00-12:00
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	Tuesday 12:30-14:15, Wednesday 12:30-14:15
Course Description:	Financial Accounting II: This course is a continuation of the first semester course “Financial Accounting I”. In Financial Accounting II, the topics cover mainly the right side of the balance sheet; liabilities and equity accounts. Exploring current liabilities and long term liabilities and the accounting used; stockholder’s equity, income and changes in retained earnings; statement of cash flows and a technique for preparation is presented by working through examples. In the completion of this course, students will become competent in researching, interpreting, and analyzing financial statements.
Course Objectives:	To analyze and interpret financial statements, To understand the liability and equity accounts. Preparing cash flow statements. Apply and interpret basic financial statement analysis.

COURSE OUTLINE

Week	Topics
1	Introduction of the course and review of syllabus.
2	Current Liabilities (Chapter 10) Accounting for accrued liabilities, AP, notes payable and unearned revenue.
3	Long Term Liabilities (Chapter 10) Accounting for Bonds in discount and premiums.
4	Stockholders’ Equity: Paid in capital Common stock and preferred stocks, journal entries in the formation of companies. Issuance of stocks, stock premiums (additional paid in capital).
5	Stockholders’ Equity: Paid in capital Accounting for legal reserves in Europe accounting jurisdiction.
6	Income and Changes in Retained Earnings Computation and analysis of the earnings per share (EPS).
7	Income and Changes in Retained Earnings Accounting for distribution of cash dividends and stock dividends.
8	Mid-Term Exam
9	Statement of Cash Flow Preparation of the CFS by direct method.
10	Statement of Cash Flow Preparation of the CFS by direct method. (Continued)
11	Statement of Cash Flow Preparation of CFS by indirect method.
12	Financial Statement Analysis Vertical and horizontal financial statement analysis.
13	Financial Statement Analysis Financial ratio analysis; liquidity, capital structure (solvency), and profitability.
14	General Review

Prerequisite(s):	-
Textbook:	Financial Accounting, 14th Edition by Williams, Haka, Bettner and Carcello:McGraw-Hill, Inc., 2014
Other References:	Financial Accounting: Information for Decisions, 3ed Edition by Wild:McGraw-Hill, Inc., 2005 Kontabiliteti Financiar, Dhamo: Gervis, 2003 Pasqyrat Financiare: Sipas Standarteve te Kontabilitetit, Dhamo and Cela, 2008
Laboratory Work:	-
Computer Usage:	-
Others:	No

COURSE LEARNING OUTCOMES

1	Learning of transactions and related journal entries for right side of balance sheet; liabilities and stockholders’ equity.
2	To prepare and interpret cash flow statement by direct and indirect methods.
3	To have ability about to analyze financial statements and ratio analysis.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Business Administration (3 years) Program
1	Identify activities, tasks, and skills in management, marketing, accounting, finance, and economics.	4
2	Apply key theories to practical problems within the global business context.	3
3	Demonstrate ethical, social, and legal responsibilities in organizations.	4
4	Develop an open minded-attitude through continuous learning and team-work.	4
5	Use technology to enable business growth and sustainability.	4
6	Analyze data to make effective decisions.	4

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	40
Final Exam	1	60
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	1	64	64
Hours for off-the-classroom study (Pre-study, practice)	1	16	16
Mid-terms	1	10	10
Assignments			0
Final examination	1	20	20
Other	1	15	15
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5