|
Course Name
|
Financial Accounting II
|
|
Code
|
Semester
|
Theory
(hour/week)
|
Application/Lab
(hour/week)
|
Local Credits
|
ECTS
|
|
BA 252
|
Spring
|
3
|
0
|
3
|
5
|
|
Prerequisites
|
None
|
|
Course Language
|
English
|
|
Course Type
|
Required
|
|
Course Level
|
First Cycle
|
|
Mode of Delivery
|
- |
|
Teaching Methods and Techniques of the Course
|
Discussion
Problem Solving
Lecture / Presentation
|
|
National Occupation Classification
|
-
|
|
Course Coordinator
|
|
|
Course Lecturer(s)
|
|
|
Assistant(s)
|
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Course Objectives
|
This course builds on the basic accounting principles learned in the introductory course by introducing additional topics for preparing financial statements such as the income statement, balance sheet, and statement of cash flows. The focus is on understanding how accounting information is used in decision making. Throughout the course, students will learn various financial accounting concepts to see how accounting information supports managerial roles at all levels. |
|
Learning Outcomes
|
The students who succeeded in this course;
- Apply the fundamental accounting principles in recognition of assets, liabilities, equity, expense and revenue items from business transactions.
- Record, measure, and present current and non‐current liabilities.
- Analyze, record, and disclose stockholders’ equity activities.
- Prepare cash flow statements using both indirect and direct methods.
- Interpret financial and non-financial disclosures.
|
|
Course Description
|
This course is a follow-up to the introductory accounting course and is designed to expand students’ skills in preparing and analyzing financial statements. It helps aspiring managers understand the importance of accounting principles, procedures, and the use of financial statements in making business decisions. Topics include the treatment of liabilities, stockholders’ equity, revenue recognition, and cash flow reporting, all of which provide a practical foundation for further studies in finance and accounting. |
|
Related Sustainable Development Goals
|
|
|
|
Core Courses |
X
|
| Major Area Courses |
|
| Supportive Courses |
|
| Media and Management Skills Courses |
|
| Transferable Skill Courses |
|
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
|
Week |
Subjects |
Related Preparation |
| 1 |
Introduction to Accounting and Overview of the Accounting Environment |
Chapter 1 – Accounting Information for Decision Making |
| 2 |
Financial Statements and Underlying Accounting Concepts |
IFRS Conceptual Framework Chapter 2 – Basic Financial Statements |
| 3 |
Liabilities (Current Liabilities, Provisions and Contingencies) |
Chapter 10 – Liabilities |
| 4 |
Liabilities (Non‐Current Liabilities, Long‐Term Notes, Bonds) |
Chapter 10 – Liabilities |
| 5 |
Stockholders’ Equity (Paid‐in Capital, Dividends, etc.) |
Chapter 11 – Stockholders’ Equity |
| 6 |
Revenue Recognition (Core Principles) |
Chapter 12 – Revenue Recognition and Reporting Results of Operations |
| 7 |
Revenue Recognition (Advanced Issues, Performance Obligations) |
Chapter 12 – Revenue Recognition and Reporting Results of Operations |
| 8 |
Mid-term Exam |
|
| 9 |
Statement of Cash Flows (Indirect/Direct Methods) |
Chapter 13 – Statement of Cash Flows |
| 10 |
Statement of Cash Flows (Complex Transactions & Disclosures) |
Chapter 13 – Statement of Cash Flows |
| 11 |
Financial and Non-financial Disclosures |
Notes will be provided |
| 12 |
Financial and Non-financial Disclosures |
Notes will be provided |
| 13 |
Financial Statement Analysis (Ratios, Trends, Interpretation) |
Chapter 14 – Financial Statement Analysis |
| 14 |
Financial Statement Analysis (Limitations & Stakeholder Needs) |
Chapter 14 – Financial Statement Analysis |
| 15 |
Semester Review |
|
| 16 |
Final Exam |
|
|
Course Notes/Textbooks
|
Williams, J.R., Better, M.S., Smith, K.R. (2024), Financial & Managerial Accounting. The Basis for Business Decisions, 20th Edition, McGraw-Hill Education, ISBN10: 1266850929, ISBN13: 9781266850929
|
|
Suggested Readings/Materials
|
IFRS Conceptual Framework
|
EVALUATION SYSTEM
|
Semester Activities
|
Number |
Weigthing |
| Participation |
-
|
-
|
| Laboratory / Application |
-
|
-
|
| Field Work |
-
|
-
|
| Quizzes / Studio Critiques |
-
|
-
|
| Portfolio |
-
|
-
|
| Homework / Assignments |
1
|
30
|
| Presentation / Jury |
-
|
-
|
| Project |
-
|
-
|
| Seminar / Workshop |
-
|
-
|
| Oral Exams |
-
|
-
|
| Midterm |
1
|
30
|
| Final Exam |
1
|
40
|
| Total |
3
|
100
|
| Weighting of Semester Activities on the Final Grade |
2
|
60
|
| Weighting of End-of-Semester Activities on the Final Grade |
1
|
40
|
| Total |
3 |
100 |
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) |
-
|
-
|
-
|
| Study Hours Out of Class |
14
|
2
|
28
|
| Field Work |
-
|
-
|
-
|
| Quizzes / Studio Critiques |
-
|
-
|
-
|
| Portfolio |
-
|
-
|
-
|
| Homework / Assignments |
1
|
20
|
20
|
| Presentation / Jury |
-
|
-
|
-
|
| Project |
-
|
-
|
-
|
| Seminar / Workshop |
-
|
-
|
-
|
| Oral Exam |
-
|
-
|
-
|
| Midterms |
1
|
20
|
20
|
| Final Exam |
1
|
24
|
24
|
| |
|
Total |
140
|
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
|
#
|
Program Competencies/Outcomes
|
* Contribution Level
|
|
1
|
2
|
3
|
4
|
5
|
|
1 |
To be able to solve problems with an analytical and holistic viewpoint in the field of business administration.
|
-
|
-
|
-
|
X
|
-
|
|
2 |
To be able to present the findings and solutions to the business problems in written and oral formats.
|
-
|
-
|
-
|
-
|
-
|
|
3 |
To be able to interpret the application of business and economic concepts, and philosophies at the national and international levels.
|
-
|
-
|
-
|
-
|
X
|
|
4 |
To be able to use innovative and creative approach for real-life business situations.
|
-
|
-
|
-
|
-
|
-
|
|
5 |
To be able to demonstrate leadership skills in different business situations.
|
-
|
-
|
-
|
-
|
-
|
|
6 |
To be able to interpret the reflections of new technologies and softwares to business dynamics.
|
-
|
-
|
-
|
-
|
-
|
|
7 |
To be able to integrate knowledge gained in the five areas of business administration (marketing, production, management, accounting, and finance) through a strategic perspective.
|
-
|
-
|
-
|
-
|
-
|
|
8 |
To be able to act in accordance with the scientific and ethical values in studies related to business administration.
|
-
|
-
|
X
|
-
|
-
|
|
9 |
To be able to work efficiently and effectively as a team member.
|
-
|
-
|
-
|
-
|
-
|
|
10 |
To be able to have an ethical perspective and social responsiveness when making and evaluating business decisions.
|
-
|
-
|
-
|
-
|
-
|
|
11 |
To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).
|
-
|
-
|
-
|
-
|
-
|
|
12 |
To be able to speak a second foreign at a medium level of fluency efficiently.
|
-
|
-
|
-
|
-
|
-
|
|
13 |
To be able to relate the knowledge accumulated throughout the human history to their field of expertise.
|
-
|
-
|
-
|
-
|
-
|
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
