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 9:00-12:00, Thursday 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: |
Monday-Thursday
|
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 liability and equity accounts. Preparing cash flow statements. Apply and interpret basic financial statement analysis.
|
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 |
No |
Program Competencies |
Cont. |
Bachelor in Economics (3 years) Program |
1 |
Students define the fundamental problems of economics |
4 |
2 |
Students describe key economic theories |
3 |
3 |
Students critically discuss current developments in economics |
3 |
4 |
Students appropriately use software for data analysis |
4 |
5 |
Students critically contextualize the selection of an economic problem for research within scholarly literature and theory on the topic |
|
6 |
Students apply appropriate analytical methods to address economic problems |
4 |
7 |
Students use effective communication skills in a variety of academic and professional contexts |
4 |
8 |
Students effectively contribute to group work |
4 |
9 |
Students conduct independent research under academic supervision |
4 |
10 |
Students uphold ethical values in data collection, interpretation, and dissemination |
3 |
11 |
Students critically engage with interdisciplinary innovations in social sciences |
2 |
12 |
Student explain how their research has a broader social benefit |
3 |