Financial AccountingII(G132)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| G132 | Financial AccountingII | 2 | 3 | 0 | 0 | 3 | 5 |
| Prerequisites | |
| Admission Requirements |
| Language of Instruction | French |
| Course Type | Compulsory |
| Course Level | Bachelor Degree |
| Course Instructor(s) | Banu DİNCER bdincer@gsu.edu.tr (Email) |
| Assistant | |
| Objective | This course aims to teach the financial accounting and reporting. It aims to present methodologies for structuring the accounting theory. Thus, in the context of the French and Turkish Accounting Systems, the student becomes familiar with adjustment entries and financial statements. |
| Content |
Week 1: Presentation of the French General Accounting Plan, determination of the main differences with the application in Turkey Week 2: Basic Concepts of Accounting, Explanation of Accounts, Terminology in french Week 3: Balance and Correction of Errors Week 4: Income Statement, Balance Sheet according to the French Uniform Accounting Plan Week 5: Debt-Debt Relationship, Sales Discounts and Financial Discount, Billing Arrangements Week 6: Trade Effects, Bank Reconciliation, Accounting Registration Week 7: Exercises and Application of Value Added Tax Week 8: MIDTERM Week 9: Introduction to the inventory concept and valuation of inventory according to the French system Week 10: Explanation of fixed assets according to the French system, concept of depreciation, accounting records and valuation procedures Week 11: Financial Investments and Evaluation, Assessment Procedures for Accounts Receivable Week 12: Financial Statements at the end of accounting period Week 13: Disclosure Notes Week 14: Exercises |
| Course Learning Outcomes |
At the end of the course, the student will be able to, 1. Demonstrate an ability to measure, interpret and present accounting data in accordance with legal and professional financial reporting requirements. 2. Discuss and apply financial accounting concepts in accounting for assets, equity, liabilities, revenue and expenses. 3. Prepare and analyze financial statements. 4. To understand and value ethical issues in accounting. |
| Teaching and Learning Methods | |
| References |
Langlois, Georges et Micheline Friédérich, Comptabilité financière Comptabilité générale, 16e edition, LMD Collection, Foucher, Paris, 2011. Robert Maeso, André Philips ve Christian Raulet, Comptabilité Financière Comptabilité Générale, 12e edition, Dunod, 2011. Dick, Wolfgang et Frank Missonier-Piera, Comptabilité Financière en IFRS, Pearson, 2009. Richard Jacques et Christine Collette, Système comptable français et normes IFRS, 7e édition, Dunod, 2005. Fayel, Alain et Daniel Pernot ; Comptabilité générale de l’entreprise, Cas pratiques, 9e édition, Dunod, 1996. Colasse, Bernard, Comptabilité Générale, 7e édition, Economica, Paris, 2001. |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | Week 1: Presentation of the French General Accounting Plan, determination of the main differences with the application in Turkey |
| 2 | Week 2: Basic Concepts of Accounting, Explanation of Accounts, Terminology in french |
| 3 | Week 3: Balance, Income Statement, Balance Sheet according to the French Uniform Accounting Plan |
| 4 | Week 4: Exercises |
| 5 | Week 5: Debt-Debt Relationship, Sales Discounts and Financial Discount, Billing Arrangements |
| 6 | Week 6: Trade Effects, Accounting Registration |
| 7 | MIDTERM |
| 8 | Week 8: Classification of "product" and "expense" accounts by French system |
| 9 | Week 9: Application of Value Added Tax on goods and other purchases, application on purchases of services, end-of-month calculation and accounting record |
| 10 | Week 10: Introduction to the inventory concept and its evaluation according to the French system |
| 11 | Week 11: Explanation of fixed assets according to the French system, concept of depreciation, accounting records and valuation procedures |
| 12 | Week 12: Exercises |
| 13 | Week 13: Financial Investments and Evaluation, Assessment Procedures for Accounts Receivable |
| 14 | Week 14: Exercises |
Practice Topics
| Week | Weekly Contents |
|---|
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 1 | 50 |
| Contribution of final exam to overall grade | 1 | 50 |
| Toplam | 2 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 5 | 10 |
| Presentation | 0 | 0 |
| Midterm Examinations (including preparation) | 1 | 40 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Make-up | 0 | 0 |
| Toplam | 6 | 50 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | The acquisition of high-level knowledge of the functions of production management and marketing, management, accounting and finance; the skill of using this knowledge. | X | ||||
| 2 | The acquisition of basic conceptual knowledge about scientific fields related to professional life, such as law, economics, sociology, psychology, social psychology and quantitative methods. | X | ||||
| 3 | The ability to work effectively in a team; the ability to pass on knowledge to other members of the team. | X | ||||
| 4 | The competence to use his/her knowledge on the field, to analyze and interpret the data obtained, to identify the problems encountered, to provide appropriate solutions and scientifically defend these solution suggestions when necessary. | X | ||||
| 5 | The competence to determine the aims and objectives of the company or institution in which he/she is employed by taking into account the needs, the competitive dynamics of the market and by calculating the risks incurred; the ability to engage in entrepreneurship and establish and manage a business. | X | ||||
| 6 | Awareness of constantly updating his/her professional knowledge and skills; the ability to adapt to change and innovation; the competence to evaluate critically the information he/she has acquired. | X | ||||
| 7 | Basic knowledge of information and communication technologies required for professional life; the ability to use core office programs at an advanced level; expertise in data processing and report writing in the IT environment. | X | ||||
| 8 | Ability to follow current information in his/her field in both English and French and to communicate in writing and verbally with stakeholders in both languages. | X | ||||
| 9 | The ability to conduct researches and studies taking into account the market, dynamics of competition, organizational and global factors and scientific methods; contribute to projects, take responsibility in projects, display competence to make innovative and effective decisions. | X | ||||
| 10 | Ability to develop strategies, find creative solutions to management problems by building relations with other areas of the social sciences and take the responsibility of these decisions. | X | ||||
| 11 | Consciousness of taking into account ethical values, when making decisions and being involved in business life. | X | ||||
| 12 | Awareness of the impact of practices related to his/her field on the global and social dimensions (universality of social rights, social justice, cultural values, environmental problems, sustainability, etc.) and their legal consequences. | X | ||||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 10 | 3 | 30 |
| Assignments | 5 | 4 | 20 |
| Midterm Examinations (including preparation) | 1 | 10 | 10 |
| Other Applications | 10 | 1 | 10 |
| Final Examinations (including preparation) | 1 | 15 | 15 |
| Total Workload | 127 | ||
| Total Workload / 25 | 5.08 | ||
| Credits ECTS | 5 | ||