EASTERNMEDITERRANEANUNIVERSITY FACULTYOFTOURISM

SCHOOLOFTOURISMANDHOSPITALITYMANAGEMENT COURSEOUTLINE

COURSECODE TACC315 (THM315)

COURSE

LEVEL 3rdyearand 5thsemester

COURSETITLE AccountingforTourismandRecreationIndustryI

COURSETYPE FacultyCore

LECTURER(S) Asst.Prof.Dr.MineHaktanir

CREDITVALUE 3credit ECTSVALUE6

PREREQUISITES

DURATIONOFCOURSE 16weeks

OFFICEROOMNUMBER TH400(AssistantsOffice)

OFFICETELEPHONE (0392)6301057/2199/1269

E-MAIL

CATALOGUEDESCRIPTION

Thiscoursehasbeendesignedtogivethestudentsafoundationforaccountingpracticesandprocedures. GenerallyAcceptedAccountingPrinciplesandthestandardaccountingcyclewillbethekeyfocusofthecourse. Theexamplesandillustrationswilloriginatefrom LodgingOperations.

AIMSOBJECTIVES

Themainaimofthiscourseisto equipthestudentswith afoundationforaccountingpracticesandprocedures. Thiscoursehelpsstudentstolearnthebasicsoffinancialandmanagerialaccountingbyprovidingasolid presentationof the accountingcycle.Topicswillbepresentedin acontinuous,logicalsequence.Asaresult, attendancetotheclassteachinghourswill givetheparticipantsthebasisforself-study.Theorieswillbe discussedintheclasstogetherwithmorepracticalhoursinordertogivethestudentsagoodbasisforboth theoreticalandpracticaluseof accounting.

GENERALLEARNINGOUTCOMES(COMPETENCES)

Onsuccessfulcompletionof thiscourse,allstudentswillhavedevelopedknowledgeandunderstandingof:

1. Doubleentrybookkeepingsystemofaccounting(debit-credit).

2. Preparationandpresentationofa‘journal’.

3. Preparationandpresentationofledgeraccounts.

4. Constructfundamentalperiodicfinancialstatements.

Onsuccessfulcompletionof thiscourse,allstudentswillhavedevelopedtheirskillsin:

5. Problemsolvingrelatedto accountingsystemsofbusiness.

6. Preparationofjournals,ledgersandstatements.

7. Communicationof financialinformation.

8. Presentationofinformationina form suitablefordecision-makers.

9. Theuseof personalcomputersforspreadsheets.

10.Applyinganalyticalskills in solvingproblems.

Onsuccessfulcompletionof thiscourse,allstudentswillhavedevelopedcompetenciesin:

11. Preparingjournals,ledgersandfinancialstatements.

12. PresentingaccountinginformationinlinewithGenerallyAcceptedAccountingPrinciples.

13.Communicatingfinancialdata.

GRADINGCRITERIA

Thefollowinggradingcriteriais useduniversitywide:

RELATIONSHIPWITHOTHERCOURSES

Accountinghelpsstudentsbuildafoundationupon whichthey’llcontinueto learnandgrowintheirstudiesof

business.

LEARNING/TEACHINGMETHOD

Classlectures/ presentationswillbedeliveredtoexplainthetopic.Substantialtime willbeallocatedtopractical workshopsessions.Furtherproblemswillbecompletedin thestudentsowntime.

ASSIGNMENTS

Problems,aimingtoencouragestudentspracticeclassmaterial,willbeassigned.

METHODOFASSESSMENT

Theassessmentwillbeconductedinthefollowingway:

Assessmenttechnique / Weight / Topicstobecovered
CaseStudies / 20% / Chapter1-2
Quiz / 10%
Project / 20%
FinalExam / 30% / Chapter3
Participation / 5%
Homework / 15%

ATTENDANCE

Attendanceiscompulsoryandabsenteeismmorethan20%ofclasseswillbegradedas“F”.Studentswithpoor

interest,poorattendanceandlackofdataaregradedNG.

TEXTBOOK/S

Williams,J.,Haka,S.,Bettner,M.,andCarcello,J.(2012),FinancialAccounting,15thedition,McGraw-Hill. Booklet:HaktanirM., AccountingforTourismandRecreationIndustryI (TACC315)

EXTENDEDREADINGLIST

Horngren,C.T.,Harrison,W.T.,Bamber,L.S.(2005)Accounting,6thedition,PrenticeHall. Horngren,C.T.,Harrison,W.T.,Oliver,M. S.(2009)Accounting,8thedition,PrenticeHall.

.

SEMESTEROFFERED

2016-2017 Spring Semester

CONTENT

Thelecturetopicswithinthesemesterarescheduledas:

DATE / TOPICS / READING
WEEK1 / Introduction to the course
WEEK2 / Definition ofAccounting -functions and principles / Textbook:
Chapter1
WEEK3 / Introduction to FinancialStatements / Textbook:
Chapter2
WEEK4 / Practisingclassifications onbalancesheet
ExpandedAccountingEquation / Textbook:
Chapter2
Problemsolving
WEEK5 / PreparingIncome Statements
Quiz / Textbook:
Chapter2
WEEK6 / PreparingStatementofOwners’Equity / Chapter2
WEEK7 / QUİZ
WEEK8 / CASESTUDİES
WEEK9 / TheAccountingCycle
Debits and Credits / Textbook:
Chapter3
WEEK10 / T-Accounts / Textbook:
Chapter3
Problemsolving
WEEK11 / Postingentries fromGeneralJournaltoT-Accounts / Textbook:
Chapter3
Problemsolving
WEEK12 / Formation oftrialbalances / Textbook:
Chapter3
ProblemSolving
WEEK13 / PARTİCİPATİON / Chapter3
WEEK14 / FINAL EXAM PERIOD

PLAGIARISM

Thisis intentionallyfailingtogivecredittosourcesusedinwritingregardlessofwhethertheyarepublishedor unpublished.Plagiarism(whichalsoincludesanykindof cheatinginexams)is adisciplinaryoffenceandwill be dealtwithaccordingly.)

CourseCode:TACC315
Numberof ECTScredits:6 ECTS (studentworkload:180) / CourseName:AccountingforTourismand
RecreationIndustryI / InstructorName:Asst.Prof.Dr.MineHAKTANIR / Date:
StudentWorkLoad / Weightof
Asses.(%)
Week / Course
LOS / ProgramLOS / EducationalActivities / Lectures / Independent
Work / AssessmentHours
1 / 1 / 1,2 / Introductiontothecourse / 3 / 3
2 / 1 / 1,3 / Chp.1:Accounting– InformationforDecisionMaking
-DefinitionofAccounting-functionsandprinciples / 3 / 2
3 / 1,4 / 1,3 / Chp.2:BasicFinancialStatements
-IntroductiontoFinancialStatements / 3 / 2
4 / 1,5 / 1,4 / Chp.2:BasicFinancialStatements
-Practicingclassificationsonbalancesheet
ExpandedAccountingEquation / 3 / 2
5 / 1,4,5,6,8 / 2,4 / Chp.2:BasicFinancialStatements
-PreparingIncomeStatements / 3 / 2
6 / 1,4,5,6,8 / 2,4 / Chp.2:BasicFinancialStatements
-PreparingStatementofOwners’Equity / 3 / 2
7 / 4,5 / 11 / Quiz / 3 / 2 / Quiz–8 hrs. / 10
8 / 11 / 3,7 / Casestudies / Casestuies– 25hrs. / 20
9 / 1 / 4,5,8 / Chp.3:The AccountingCycle
-DebitsandCredits / 3 / 2
10 / 1,3,5 / 4,8 / Chp.3:The AccountingCycle
-T-Accounts / 3 / 2
11 / 1,2,3,5 / 4,8 / Chp.3:The AccountingCycle
-PostingentriesfromGeneralJournaltoT-Accounts / 3 / 2
12 / 1,2,3,5 / 4,8 / Chp.3:The AccountingCycle
-Formationoftrialbalances / 3 / 2
13 / 7,9,12 / 5,10,11 / RevisionandPresentationofCaseStudies / 3 / 2 / CaseStudy-25hrs. / 20
14-16 / 11,12,13 / 3,7 / FinalExam / Exam– 40hrs. / 30
Assignments-16hrs. / 15
Participation / 5
Subtotal / 39 / 27 / 114
Total / 180 / 100

1. 1 ECTSistaken as30 hrs/wl fora successfulstudent.

2. One semesteris 80 workingdays, whichis 16 weeks.Atotalof3 weeksis allocated for the finalexaminations. The course has 3 hrs. offaceto faceeducational activities.

3. Thisisthetime students spend onreadingand understandingthe lecture materials. Itexcludes the time preparingforquizzes and exams and also the time for homework, projects etc. Itincludesthe self-studyon weekendsaswell.

4. Case study, portfolio, reflection,etc.…

NOTE: Accordingto theuniversityby-laws theweight of thefinal exam should notbemorethan 50%, and the decision ofthe FacultyExecutiveBoard, the total weight of written exams (finaland quizzes) should not bemorethan 60%.

TACC315
Accounting
ForTourism and
Recreation
Industry-I / Program outcomes in terms of
Knowledge / Program outcomes in terms ofSkills / Program outcomes in terms ofCompetencies
1 / 2 / 3 / 4 / 5 / 6 / 7 / 8 / 9 / 10 / 11 / 12 / 13
1 / F / F / F / F / F / F / F / F / F / F / F / F
2 / P / P / P / P / F / F / P / F / F / F
3 / P / P / P / P / F / P / F / F / F
4 / P / P / P / P / P / P / P / P / P / P
5 / P / F
6
7 / F / F / P
8 / P / P / F
9 / P / P / P
10 / P / F / P
11 / F / F / F / F
12
13 / P