Information Of Programmes

VOCATIONAL SCHOOL OF NEVŞEHİR / MUH101 - ACCOUNTING AND TAX PRACTICES

Code: MUH101

Course Title: GENERAL ACCOUNTING I

Theoretical+Practice: 3+1

ECTS: 5

Year/Semester of Study

1 / Fall Semester

Level of Course

Short Cycle Degree Programme

Type of Course

Compulsory

Department

ACCOUNTING AND TAX PRACTICES

Pre-requisities and Co-requisites

None

Mode of Delivery

Face to Face

Teaching Period

14 Weeks

Name of Lecturer

ZÜMRÜT ÇELEBİ (zumrutavci@nevsehir.edu.tr)

Name of Lecturer(s)

MEHMET ALİ PARLAK,

Language of Instruction

Turkish

Work Placement(s)

None

Objectives of the Course

The objective of this course is to provide the students about basic accounting concepts and principles. This course will give a guideline the students who will learn financial accounting 2 in spring semester.

Learning Outcomes		PO	MME
The students who succeeded in this course:
LO-1	can keep accounting records for the period	PO-3 Enter the items to ledger used in commercial area in accordance with the principles and regulations	Examination
LO-2	can prepare financial statements.	PO-3 Enter the items to ledger used in commercial area in accordance with the principles and regulations	Examination
LO-3	can practice chart of accounts.	PO-3 Enter the items to ledger used in commercial area in accordance with the principles and regulations	Examination
PO: Programme Outcomes MME:Method of measurement & Evaluation

Course Contents
Description and development of accounting. Basic accounting concepts and principles. The concept of balance sheet and basic accounting equation. The income statement. The concept of account and the effects of transactions on the accounts. Accounting plan, books and documents. Double-entry bookkeeping. An overview of accounting process. The ways of record on merchandise inventory account: Perpetual and periodic inventory methods. Accounts of value added tax.
Weekly Course Content
Week	Subject	Learning Activities and Teaching Methods
1	The definition, importance, objectives and functions of accounting	Expression / Question-Answer
2	Basic Financial Statements	Expression / Question-Answer
3	Basic Financial Statements	Expression / Question-Answer
4	Concept of account and the effects of transaction on the accounts.	Expression / Question-Answer
5	Double-entry bookkeeping- Operating rules of accounts	Expression / Question-Answer
6	Double-entry bookkeeping- Operating rules of accounts	Expression / Question-Answer
7	Current Asset Accounts	Expression / Question-Answer
8	mid-term exam
9	Current Asset Accounts	Expression / Question-Answer
10	Current Asset Accounts	Expression / Question-Answer
11	Stocks, Inventory Taking, VAT Calculation	Expression / Question-Answer
12	Stocks, Inventory Taking, VAT Calculation	Expression / Question-Answer
13	Fixed Asset Accounts	Expression / Question-Answer
14	Fixed Asset Accounts	Expression / Question-Answer
15	Sample monograph on asset accounts	Expression / Question-Answer
16	final exam
Recommend Course Book / Supplementary Book/Reading
1	LAZOL, İBRAHİM (2020) Genel Muhasebe (TMS/TFRS/BOBİ FRS AÇIKLAMALI), EKİN YAYINEVİ, 26. BASKI
2	Sevilengül, O. (2020). Genel Muhasebe (19. Baskı). Ankara: Gazi Kitabevi.
Required Course instruments and materials
The Uniform Chart of Accounts, Calculator, Account Plan

Assessment Methods
Type of Assessment	Week	Hours	Weight(%)
mid-term exam	8	1	40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam	16	1	60

Student Work Load
Type of Work	Weekly Hours	Number of Weeks	Work Load
Weekly Course Hours (Theoretical+Practice)	4	14	56
Outside Class
a) Reading	10	3	30
b) Search in internet/Library			0
c) Performance Project			0
d) Prepare a workshop/Presentation/Report			0
e) Term paper/Project			0
Oral Examination			0
Quiz			0
Laboratory exam			0
Own study for mid-term exam	2	7	14
mid-term exam	1	1	1
Own study for final exam	6	8	48
final exam	1	1	1
			0
			0
Total work load;			150