Information Package / Course Catalogue
ACCT 204 Financial and Managerial Accounting
MEF University
Degree Programs
Psychology
General Information For Students
Diploma SupplementErasmus Policy Statement
Psychology
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

Ders Genel Tanıtım Bilgileri

School/Faculty/Institute Faculty of Engineering
Course Code ACCT 204
Course Title in English Financial and Managerial Accounting
Course Title in Turkish Finans ve Yönetim Muhasebesi
Language of Instruction EN
Type of Course Flipped Classroom,Lecture
Level of Course Introductory
Semester Spring
Contact Hours per Week
Lecture: 3 Recitation: - Lab: - Other: -
Estimated Student Workload 127 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites None
Expected Prior Knowledge None
Co-requisites None
Registration Restrictions None
Overall Educational Objective To learn how to use basic financial and managerial accounting tools for decision making
Course Description The aim of this course is to provide the students with a conceptual framework for identifying and resolving accounting issues faced by managers and to give an understanding of how financial and managerial accounting concepts, tools, and techniques are used throughout an organization for decision support. The course covers the following topics: job order costing; process costing; activity-based costing; cost volume profit (CVP) analysis; pricing; budgetary planning and control; preparation of balance sheet, net income and cash flow statements; financial statement analysis; and introduction to equity valuation models.
Course Description in Turkish Bu dersin amacı, yöneticilerin karşılaştığı ve çözmek durumunda kalabileceği muhasebesel konuları belirlemeye yönelik bir kavramsal çerçeve sunmak ve Finansal ve yönetim muhasebesi kavramları ve tekniklerinin örgüt içinde karar verme mekanizmasına nasıl destek sağladığını anlatmaktır. Ders şu konuları kapsamaktadır: sipariş maliyet sistemi; safha maliyet sistemi; faaliyet tabanlı maliyet sistemi; maliyet hacim karlılık analizleri; fiyatlandırma; bütçe ve control; bilanço, kar zarar tablosu ve nakit akım tablosu hazırlanışı; Finansal tablolar analizi ve varlık değerleme modellerine giriş.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) differentiate between costing systems and apply the most suitable costing system for different manufacturing and service environments;
2) apply basic Cost-Volume-Profit Analysis concepts;
3) prepare budgets and have an understanding of budgetary control;
4) comprehend the basics of financial accounting and interpret financial statements.
Program Learning Outcomes/Course Learning Outcomes 1 2 3 4
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology.
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation.
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes.
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts.
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline.
6) Internalization and dissemination of professional ethical standards.
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences.
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level).
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity.
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement.
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses.
12) Ability to acquire knowledge independently, and to plan one’s own learning.
13) Demonstration of advanced competence in the clarity and composition of written work and presentations.

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. N
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. N
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. H Exam,HW,Participation
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. N
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. N
6) Internalization and dissemination of professional ethical standards. N
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. N
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). N
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. S Participation
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. S HW,Participation
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. N
12) Ability to acquire knowledge independently, and to plan one’s own learning. S Exam,HW
13) Demonstration of advanced competence in the clarity and composition of written work and presentations. H Exam,HW
Prepared by and Date HANDE KÜÇÜKAYDIN , March 2024
Course Coordinator HANDE KÜÇÜKAYDIN
Semester Spring
Name of Instructor Öğr. Gör. AHMET AKÇA

Course Contents

Week Subject
1) Introduction to Financial and Managerial Accounting
2) Job Order Costing I
3) Job Order Costing II
4) Process Costing
5) Activity-based Costing
6) CVP Analysis
7) CVP – Additional Issues
8) Incremental Analysis
9) Pricing
10) Budgetary Planning
11) Budgetary Control
12) Planning for Capital Investments
13) Financial Statement Analysis
14) Equity Valuation Models
15) Final Exam/Project/Presentation Period
16) Final Exam/Project/Presentation Period
Required/Recommended ReadingsWeygandt, J.J., Kimmel, P.D., and Kieso, D.E. (2015). Managerial Accounting. Seventh Edition, International Student Edition. Wiley. ISBN: 978-1-118-95773-8
Teaching MethodsLectures/contact hours using “flipped classroom” as an active learning technique
Homework and ProjectsHomeworks
Laboratory WorkNone
Computer UseCompulsory to bring calculators to the classes and exams. Exchange of calculators are not allowed during exams. Optional to bring a notebook as MS Excel might be used during classes.
Other ActivitiesNone
Assessment Methods
Assessment Tools Count Weight
Attendance 14 % 10
Quiz(zes) 3 % 15
Homework Assignments 4 % 20
Midterm(s) 1 % 25
Final Examination 1 % 30
TOTAL % 100
Course Administration akcaa@mef.edu.tr

Attitude: A professional and academic attitude is expected throughout this course. Measurable examples of non-academic or unprofessional attitude include but are not limited to: talking to others when the instructor is speaking, mocking another’s opinion, cell phones ringing, emailing, texting or using the internet whether on a phone or computer. If any issues arise with regards to these, a student may be asked to leave the classroom. Late arrival: Unless you have a signed course conflict form, you will not be allowed into the class if you arrive more than 15 minutes late after the class begins. Notify the instructor at least 2 hours before the class begins of any such arrivals. Note that this rule is also valid for class start times after the breaks. Missing a homework or a take-home assignment: No make-up. Missing an in-class quiz: Provided that proper documents of excuse are presented, each missed quiz by the student will be given a grade by taking the average of all of the other quizzes. No make-up will be given. Missing a midterm: Provided that proper documents of excuse are presented, each missed midterm by the student will be given the grade of the final exam. No make-up will be given. Missing a final: Faculty regulations. A reminder of proper classroom behavior, code of student conduct: YÖK Regulations Statement on plagiarism: YÖK Regulations (http://3fcampus.mef.edu.tr/uploads/cms/webadmin.mef.edu.tr/4833_2.pdf )

ECTS Student Workload Estimation

Activity No/Weeks Hours Calculation
No/Weeks per Semester Preparing for the Activity Spent in the Activity Itself Completing the Activity Requirements
Course Hours 14 1 3 56
Homework Assignments 3 5 4 27
Quiz(zes) 4 1 1 8
Midterm(s) 1 20 2 22
Final Examination 1 12 2 14
Total Workload 127
Total Workload/25 5.1
ECTS 5