Kocaeli University / European Credit Transfer System (ECTS)

Name of Lecturer(s)

Associate Prof. Dr. Mehmet Emre ERGİN
Associate Prof. Dr. Gönül KONAKAY
Assistant Prof. Dr. Muhammed BAMYACI
Assistant Prof. Dr. Cengiz GÜNEY
Assistant Prof. Dr. Kamuran SOYLU
Lecturer Aynur SEBÜK KURT
Lecturer Hüseyin SOYDAŞ
Lecturer Ahmet YANIK
Lecturer Dr. Nurcan GÜNCE

Learning Outcomes of the Course Unit
Program Competencies-Learning Outcomes Relation

Learning Outcomes of the Course Unit

1) Explain the reason to perform period-end accounting transactions
2) Carry out period-end accounting transactions for the cash cycle
3) Perform period-end calculations and recordings related to accounts having foreign currencies
4) Perform rediscount transactions for the year-end
5) Distinguish year-end provisions for the doubtful receivables, bank loan interests, obsolete stocks, employee indemnities, court case and so on
6) Make year-end reflection accounts
7) Prepare year-end balance sheet and income statement

Program Competencies-Learning Outcomes Relation

Bölümün/programın program yeterlilikleri sistemde olmadığından ilişkilendirme işlemi yapılamamıştır.

Mode of Delivery

e-course

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

None

Course Contents

This course provides students with the knowledge of physical cash counts, preparation of cash count minute, recording of shortage or excess of the cash count; calculation of foreign currency gain or loss for the foreign denominated balances, rediscount calculation for the bills; allowance for the doubtful receivables, allowance for the obsolete stocks, accrual of interests for deposit and bank loan, allowances for employee indemnity, legal cases, reflection accounts, calculation of corporate tax, netting-off prepaid tax; preparation of balance sheet and income statement from the definitive trial balance.

Weekly Schedule

1) Information on Concepts Such as Accounting, Inventory, Valuation, and Profit.
2) Information About the Uniform Chart of Accounts and Accounting Transactions.
3) Year End Transactions Related to Current Assets. Cash and Banks, Marketable Securities, Trade Receivables.
4) Year End Accounting Transactions Related to Current Assets. Inventory. Prepaid Expenses. Income Accruals. Netting-off VAT accounts.
5) Year End Accounting Transactions Related to Fixed Assets. Tangible Assets. Intangible Assets.
6) Year-end Accounting Transactions For The Liabilities. Bank Loans. Accounts Payable
7) Application
8) Midterm examination/Assessment
9) Year-end Accounting Transactions For The Cost Accounts
10) Preparation of Balance Sheet from the Trial Balance
11) Preparation of Income Statement
12) Sample Application
13) Application
14) Application
15) Application
16) Final examination

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Group Study
5) Lab / Workshop

Assessment Methods and Criteria

Contribution of Short Exam / Quiz to Course Grade	20%
Contribution of Final Examination to Course Grade	80%
Total	100%

Language of Instruction

Turkish

Work Placement(s)

Not Required

Course Unit Title	Course Unit Code	Type of Course Unit	Level of Course Unit	Year of Study	Semester	ECTS Credits
End of Period Accounting	MUP114	Compulsory	Associate degree	1	Spring	5