Course Syllabus

ACCT 201 Financial Accounting

Fall 2023-24

INSTRUCTOR
Name Ahmet Türel
E-mail ahmet.turel@ozyegin.edu.tr
Phone Number -
Office Number -
Office Hours Thursdays 15.30 – 16.30
Research/Teaching -
Assistants

COURSE ORGANIZATION
Interaction In class discussions, and office hours
Methods
Technology Used Pearson MyLabAccounting, Zoom
by the Instructor
Technology Pearson MyLabAccounting, Laptop/desktop
Requirements for
Students

OBJECTIVE AND LEARNING OUTCOMES

Educational To introduce the students to the concepts of accounting and basic
objective financial statements.
Course Description This course provides a comprehensive introduction to the fundamental
accounting concepts and principles underlying the preparation and use
of financial statements, with an emphasis on how financial information
is used in resource allocation decisions by users internal and external
to the firm. The course also provides an awareness of ethical issues in
accounting. The course covers following topics: how to record, store,
summarize and analyze business transactions under accrual basis of
accounting; the content and the format of the four basic financial
statements; analysis of financial statements; determination of inventory
costs and cost of the goods sold in merchandising firms; plant assets
and their depreciation; receivables.
Learning outcomes
LO 1 Explain how accounting information is used in resource allocation
decisions by users internal and external to the firm.
LO 2 Describe the basic assumptions, concepts and principles of financial
accounting
LO 3 Show effects of business transactions on the financial statements.
LO 4 Distinguish cash flows (cash basis) from income measurement (accrual
basis).
LO 5 Prepare a set of simple financial statements with their components
LO 6 Broadly assess the financial position, profitability and cash flows of a
firm through simple analysis.
 COURSE MATERIALS
Required Books Horngren’s Accounting, 6th global edition and MyAccountingLab
Student Access Code
Recommended -
Books
Other Materials All other materials will be posted on the LMS.
Accessing Course https://caglayan.com/urundetay/634900/OZU-KOD-Miller-Nobles-
Materials Horngrens-Financial-Managerial-Accounting-The-Manage-
OZU1839618505#sthash.sA16aSBi.dpbs

Students are required to purchase the code of the textbook. Students

can purchase the code online from the bookstore or from the bookstore
inside campus.
If you have any technical problems, you can get live help from
yardim.pearson.com.tr web page during week working hours. The
bookstore will send you the code with the receipt once you complete
the purchase.

WEEKLY SUBJECTS (TENTATIVE)

Week Date Subject
1 05.10.2023
2 12.10.2023
3 19.10.2023
4 26.10.2023
5 02.11.2023
6 09.11.2023
7 16.11.2023
8 23.11.2023
9 30.11.2023
(Withdrawal Week)
10 07.12.2023
Accounting and the Business Environment – Chapter 1
Recording Business Transactions – Chapter 2
The Adjusting Process – Chapter 3
Completing the Accounting Cycle – Chapter 4
Merchandising Operations (Perpetual)– I – Chapter 5
Review
Midterm
Merchandising Operations (Periodic) – II – Chapter 5
Merchandise Inventory – Chapter 6
Receivables – Chapter 8

11 14.12.2023 Plant Assets, Natural Resources, and Intangibles – Chapter 9

12 21.12.2023 Plant Assets, Natural Resources, and Intangibles – Chapter 9
13 28.12.2023 The Statement of Cash Flows – Chapter 14
14 04.01.2024 Review
ASSESSMENT METHODS, WEIGHTS AND RULES
Type Weight Implementation Rule Makeup Rule
Final Exam 40% Final exam will be closed book and BUT exam will serve as the
notes, it is a paper-pen exam in the makeup for the final exam.
classroom. A calculator is required
in the exams. No communication
devices will be allowed during the
exam.

Midterm Exam 25% The exam will be closed book and
notes, it is a paper-pen exam in the
classroom. A calculator is required
in the exams. No communication
devices will be allowed during the
exam.
Only valid excuses with an
official report are accepted
to qualify for a Midterm
makeup. At most one
makeup will be given due to
health reports.

Quiz 15% Open book, open notes. Completed
and graded on Pearson
MyLabAccounting. There will be no
proctoring. Take place every week
(except first week) at the end of the
3th session.
Homework 10% Students will have several days to
There will be no makeup
for missing quizzes.
There will be no quiz for the
first week course.
Lowest 2 scores will be
ignored.
There will be no makeup for
 submit their homework. Students missing homework and late
are required to purchase the homework will not be
Pearson code in order to be able to accepted.
complete homework assignments.
Computers will be needed for doing Lowest 2 scores will be
the homework. ignored.
Completed and graded on Pearson
MyLabAccounting.
Attendance/ 10% Attendance is mandatory. No makeup.
Interaction
(Participation) A student missing more than
30% of the course receives an
automatic F.

Students who do not meet the

70% attendance requirement will
not be able to take the final and
composite exams and will
receive an F directly.
Total 100%

ASSESSMENT(S) BEFORE THE WITHDRAWAL DEADLINE

Type of Assessment(s) Weight(s) Date by When the Score of the
Assessment is to be Announced
Midterm Exam 25% 24.11.2024
Quizzes 5% 24.11.2024
Homeworks 5% 24.11.2024

DETERMINING LETTER GRADE

A combination of bell curve and catalogue methods is used to determine the letter grades, the
intervals of catalogue scores are defined based on the distribution of students. The passing
grade will be determined after the final exam.
• To be eligible for taking final and composite exams 70% attendance requirement
should be met. Students who are unable to meet 70% attendance requirement receive an
automatic F grade and are not allowed to take final and composite exams.

EXPECTED STUDENT SEMESTER WORKLOAD

Activities Carried Out in The Presence of An Instructor Total Hours in Semester
Lectures 42
Activities Carried Out by The Learner Him/Herself Total Hours in Semester
Working on Assignments 50
Pre-class Learning of Course Material 28
Review of Course Material for Exam Preparation 30
Overall Total Hours in Semester 150

OTHER RULES AND INFORMATION

Health The mode of instruction is subject to change in case of pandemic or other similar
unavoidable reasons in line with the directives of the authorized public bodies. In
such a case, the necessary revisions will be binding for all members of the OzU
community, and will be announced by the relevant units, in particular Student
Services.
Safety Announced safety procedures must be strictly followed during any laboratory and
similar work. Please refer to the safety guidelines posted in the laboratories. In
case of emergencies, call 9911 (216 564 9911).
Accessibility Reasonable accommodations will be provided for students with verifiable
disabilities. Please inform your instructor if you need any assistance.
Academic and Students can get help from the Writing Center, Solution Center and IT in case
Technical Support they need academic and/or technical support with their classes.
Objections to Students who object to their exam results and cannot resolve their objections
Examination with the instructor of the course, may file a written petition for a review of their
Results exam papers at their Dean’s/Director’s Office within five business days from the
announcement their exam results.
Academic Integrity Students are assumed to abide by scholastic honesty and uphold the Honor
and Honor Code Code. Scholastic dishonesty includes, but is not limited to cheating, attempting to
cheat, plagiarizing, fabricating information or citations, facilitating acts of
dishonesty by others, having unauthorized possession of examinations,
submitting the work of another person, or tampering with the academic work of
other students. Any form of scholastic dishonesty is a serious academic violation
and will result in a disciplinary action and also may result in student getting a 0
grade in the related assessment.
Unauthorized Recording/sharing of synchronous/asynchronous lectures or copying of lecture
Recording/Sharing recordings are prohibited without the permission of the instructor. Actions such
of Lectures as unauthorized recording, giving the recording to someone else, taking it, using
it or sharing it in physical or virtual media are prohibited and/or are offenses
according to the relevant legislation. In such cases, legal procedures will be
initiated in addition to starting disciplinary actions against those involved.
Flexibility Circumstances may arise during the course that prevents the instructor from
fulfilling each and every component of this syllabus; therefore, the syllabus is
subject to change. Students will be notified prior to any changes.

PROGRAM LEARNING OUTCOMES ASSESSED IN THIS COURSE

LO 3 Our students Recognize ethical problems in business conduct
will identify ethical Recognize consequences of ethical decision
aspects of Demonstrate ethical awareness
business conduct