Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
İŞL-23-125Elective116
Level of Course Unit
Second Cycle
Objectives of the Course
Examining adjusting entries via bringing out physical inventory and book inventory of any period in any business so as to prepare basic financial statements and calculation of period profit/loss
Name of Lecturer(s)
Dr. Öğr. Üyesi Leyla AKGÜN
Learning Outcomes
11 To associate valuation and inventory concepts
22 To convert tangible fixed assets into expense accounts
33 To convert intangible fixed assets into expense
44 To distinguish between income statement accounts and cost accounts
55 To prepare basic financial statements
Mode of Delivery
Daytime Class
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
Basic terms and the scope of period-end operations, period-end operations related to balance sheet accounts, cost of sales and running expenses, operations related to income sheet accounts and profit-loss determination, preparation of balance sheet and income sheet
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
11 Inventory and Valuation Concepts-Measures of Valuation
22 Adjusting Entries in Current Assets
33 Applications related with Adjusting Entries in Current Assets
44 Adjusting Entries in Fixed Assets
55 Applications related with Adjusting Entries in Fixed Assets
66 Adjusting Entries and Applications in Short-Term Liabilities and Long-Term Liabiliites
77 Adjusting Entries and Applications in Shareholder's equity accounts.
88 Midterm Exam
99 Adjusting Entries in cost accounts (7/A and 7/B options) and applications by business' field of activity
1010 Adjusting Entries in Income Statement Accounts ans calculation of period profit/loss before tax.
1111 Convertion of period profit/loss into taxable profit/loss; tax free income ans non-deductable expenses within the context of tax repslations.
1212 Application sample in comprehensive adjusting entries in industrial businesses
1313 Application sample in comprehensive adjusting entries in service and commercial businesses.
14Example applications
15Final exam
Recommended or Required Reading
Prof.Dr. Adem ÇABUK Final Accounting Operations Prof.Dr. Nergis TEK Introduction to Financial Accounting and Uniform Accounting System Applications
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination122
Attending Lectures12336
Writing Paper111
Criticising Paper12020
Individual Study for Mid term Examination51050
Individual Study for Final Examination61060
Performance11010
TOTAL WORKLOAD (hours)180
Contribution of Learning Outcomes to Programme Outcomes
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1
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5
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9
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10
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11
PO
12
PO
13
LO1             
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LO3             
LO43433432343534
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476 226 13 14 • e-mail: info@igdir.edu.tr