Ordu University Lifelong Learning Programme

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type of Course Unit	Year of Study	Semester	Number of ECTS Credits
MVUP13220109220	GENERAL ACCOUNTING-II	Compulsory	1	2	4

Level of Course Unit

Short Cycle

Objectives of the Course

The aim of the course is • to teach income accounts • to equip students with the knowledge and skills of THP • to develop the ability of the students to make accounting entries • to give students the opportunity to evaluate commercial events • to enable students develop balance sheet and income statement • to allow students become proficient in trial balance • to give the students basic information about period end transactions • to provide the basic knowledge about evaluations • to introduce the students with general accounting

Name of Lecturer(s)

Öğretim Grv Neslihan Çelebi

Learning Outcomes

1	Understands the inventory concept
2	Understand sthe evaluation measures and the application
3	To be able to make the non accounting inventory
4	To be able to make the inventory accountings of current and fixed assets, short and long term liabilities and stock holders equity
5	Learns to transfer the cost accounts to income statement accounts
6	Makes the period end transactions of income statement accounts and prepares the income statement and balance sheet

Mode of Delivery

Evening Education

Prerequisites and co-requisities

Recommended Optional Programme Components

Week 1 Definition and the scope of year-end accounting transactions (inventory and valuation 1 Week 2 Valuation according to Tax Procedure Law and Turkish Commercial Law 1 Week 3 Exercise on sample beginning and the end of year inventory 1 Week 4 Transfering of balances, after asset valuation to result accounts according to uniform chart of account 1 Week 5 Transfering of balances, after liability valuation to result accounts according to uniform chart of account 1 Week 6 Transfering of balances of income accounts and expense accounts to year-end accounts 1 Week 7 Transfering of cost account related transactions to year-end accounts according to 7/A and 7/B 1 Week 8 Midterm Exam Week 9 Year end accounting transactions for manufacturing, service and trade business separately 1 Week 10 To make entries and year-end transactions according to business basis 1 Week 11 Preparation of balance sheet and income statement 1 Week 12 7/A and 7/B exercises on trade companies (Monography 1 Week 13 Monography I 1 Week 14 Monography II 1 Week 15 Monography III 1 Week 16 Final Exam

Course Contents

• Income and expend accounts • Evaluations • Period end transactions • Financial statements

Weekly Detailed Course Contents

Week	Theoretical	Practice	Laboratory
1	The flow phase of accounting
2	Balance Sheet, income statement, period end transactions, inventory and evaluation concepts
3	Application of period end transactions	Sample accounting study
4	Prepaid expenses and Income Accrual for the following months	Sample accounting study
5	Depletable assets	Sample accounting study
6	Rediscount procedures	Sample accounting study
7	Provisions and cancelling	Sample accounting study
8	Mid-term
9	Profit Reserves	Sample accounting study
10	Accounts of income and expense from main operations	Sample accounting study
11	Accounts of income and expense from other operations	Sample accounting study
12	Cost accounts 7\A	Sample accounting study
13	Cost accounts 7\B	Sample accounting study
14	7\A and 7\B applications	Sample accounting study
15	Monography	Sample study
16	Final