Information Package / Course Catalogue
ACCT 332 Accounting for Start-ups
MEF University
Degree Programs
Business Administration
General Information For Students
Diploma SupplementErasmus Policy Statement
Business Administration
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 Econ., Admin. and Social Sciences
Course Code ACCT 332
Course Title in English Accounting for Start-ups
Course Title in Turkish Girişimcilik için Muhasebe Yönetimi
Language of Instruction EN
Type of Course Flipped Classroom
Level of Course Intermediate
Semester Spring
Contact Hours per Week
Lecture: 3 Recitation: Lab: Other:
Estimated Student Workload 134 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites ACCT 201 - Financial Accounting
Expected Prior Knowledge None
Co-requisites None
Registration Restrictions Only Undergraduate Students
Overall Educational Objective To learn to use and examine accurate records of financial transactions to identify opportunities for growth and improvement.
Course Description Accounting is one of the key ingredients for successful startups. Many entrepreneurs, however, lack knowledge of accounting. This course teaches basic accounting knowledge needed in starting and operating startups to entrepreneurs or would-be entrepreneurs who did not major in accounting. Students of this course will learn to read and understand financial statements such as balance sheets, income statements and cash flow statements. They will also practice simple financial planning of a startup. This course also covers the concept company valuation as well as how startups get funding. This is a practical course aimed at direct application of the knowledge gained into running real startups. It also aims to enable entrepreneurs and would-be-entrepreneurs to understand the "language of account" so that they can talk to professionals with confidence.
Course Description in Turkish Muhasebe başarılı bir başlangıç için anahtar bileşenlerden biridir. Ancak birçok girişimci muhasebe bilgisinden yoksundur. Bu ders, işe girişimlerde ve işletmede gerekli olan temel muhasebe bilgilerini öğretir; Bu dersin öğrencileri bilanço, gelir tablosu ve nakit akışı tablosu gibi finansal tabloları okumayı ve anlamayı öğrenir. Ayrıca, bir başlangıç için basit finansal planlama pratiği yapacaklardır. Bu kurs aynı zamanda konsept şirket değerlemesinin yanı sıra yeni başlayanların nasıl fon alacağını da kapsar. Bu, gerçek başlangıçların başlatılması için edinilen bilgilerin doğrudan uygulanmasını amaçlayan pratik bir derstir. Ayrıca girişimcilerin ve girişimcilerin "hesap dilini" anlamalarını ve böylece profesyonellerle güvenle konuşabilmelerini sağlamayı amaçlamaktadır.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) handle the accounting operations of a startup
2) prepare financial records in line with the Turkish Accounting Standards (TMS);
3) prepare financial reports according to the TMS.
Program Learning Outcomes/Course Learning Outcomes 1 2 3
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability
5) Demonstrates individual and professional ethical behavior and social responsibility
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting
9) Displays computer proficiency to support problem solving and decision-making
10) Demonstrates teamwork, leadership, and entrepreneurial skills
11) Displays learning skills necessary for further study with a high degree of autonomy

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences S Participation
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors H Exam
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects H Exam
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability S Participation
5) Demonstrates individual and professional ethical behavior and social responsibility S Participation
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues S Participation
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions S Participation
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting H Exam
9) Displays computer proficiency to support problem solving and decision-making N
10) Demonstrates teamwork, leadership, and entrepreneurial skills N
11) Displays learning skills necessary for further study with a high degree of autonomy N
Prepared by and Date ÖZNUR AKMAN , May 2023
Course Coordinator CEYHAN MUTLU
Semester Spring
Name of Instructor Öğr. Gör. ÖZNUR AKMAN

Course Contents

Week Subject
1) Introduction to Turkish Accounting System
2) Accounting Principles and Practices
3) The Accounting Cycle, Completion of the Accounting Cycle
4) Accounting For a Merchandisers
5) 1. Mid-term exam
6) Cash and Internal Control
7) Receivables
8) Long-Term Operational Assets
9) Current Liabilities and Payroll
10) 2. Mid-term Exam
11) Long-Term Liabilities
12) Stockholders' Equity, Earnings and Dividends
13) Statement of Cash Flows
14) Financial Statement Analysis
15) Final Examination Period
16) Final Examination Period
Required/Recommended ReadingsNuhoğlu, İrem (2014), Principles of Accounting, Boğaziçi Üniversitesi Döner Sermaye, İstanbul. ISBN: 9789755182988.
Teaching MethodsLecture (flipped classroom), quiz, participation, exam
Homework and ProjectsThe students will be making one presentation as a group at the end of the course. The groups will be formed and the details of the projects will be announced later by the instructor. Each group will have maximum 3 members and each team member will present their part individually. Before the presentations, the group projects have to be submitted as a PPT file within a deadline provided by the instructor. Late assignments will not get full points.
Laboratory Work
Computer Use
Other Activities
Assessment Methods
Assessment Tools Count Weight
Attendance 1 % 20
Midterm(s) 2 % 40
Final Examination 1 % 40
TOTAL % 100
Course Administration akmanoz@mef.edu.tr

Students are expected to attend all sessions and be in class on time. When they cannot attend due to a sickness (which should require a report from a full facility hospital) or an excuse accepted my MEF regulations, they should inform the instructors by mail. As the feedback and questions are very valuable for making the course a distinctive learning experience, students may visit the instructors during office hours or send e mails, for any course related issues. Academic dishonesty and plagiarism will be subject to the YÖK disciplinary regulation.

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 2 3 2 98
Project 1 12 2 14
Midterm(s) 2 9 2 22
Total Workload 134
Total Workload/25 5.4
ECTS 5