ECTS - Financial Literacy and Legislation for Entrepreneurs

Financial Literacy and Legislation for Entrepreneurs (MAN328) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Financial Literacy and Legislation for Entrepreneurs MAN328 General Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Halil Çağdaş Baran
Course Assistants
Course Objectives Nowadays, every individual is faced with daily financial and economic issues in the economic environment in any way whatever the profession. When he / she gains earnings or makes any kind of spending, he / she is always faced with tax liability and must use a document when buying / selling any service. When there are tenants or lessees, they still face some tax issues. Again, when it is to establish a new business or be responsible for an established enterprise, it is faced with both tax laws and obligations stipulated by trade and other laws. If he has established a business or wants to establish a business with his entrepreneurial spirit, he has to know or know the president as to what kind of taxes, insurance privileges they have, what kind of obligations they will have in the organization and then. These are things that a normal citizen should be aware of. For these, although it is not detailed information, it would be of great advantage to learn summary information from a component.
Course Learning Outcomes The students who succeeded in this course;
  • To know what kind of taxes he / she will face in his daily life and how he / she will pay his / her tax on the duties of citizenship.
  • To learn what our obligations are in daily life
  • When the entrepreneurial spirit becomes swollen, the entrepreneur knows what opportunities he has in terms of legal status, choosing his company and the type of company that suits him
  • How to read financial statements of companies
  • How the company follows a financial policy during the year, where the funds are found, where they can see and interpret
Course Content Tax legislation, business law information and obligations related to legal legislation in start ups, different company and business types and selection principles, interpretation of financial statements (balance sheet, income statement, cash flow statement).

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 What is a business? What are their functions? What is Finance and Accounting? What tasks does it perform? What are the criteria for leaving accounting and finance? What types of companies are we classifying companies? Companies based on individual business, ordinary partnership, commercial partnerships, limited / unlimited liability
2 What are the obligations to be fulfilled according to the type of company when the company is wanted to be established?
3 What kind of incentives can be benefited when starting as an entrepreneur? What are the possibilities? Ways to follow to take advantage of them.
4 commonly encountered types of taxes in Turkey, what are the duties and fees? Types of earnings in Income Tax - Tax Declaration
5 Quality of Value Added Tax, What are the commercial documents to be used in any purchase or sale as a company and as an individual?
6 Presentation of the books to be kept - Bookkeeping by business account
7 Midterm Exam
8 What are Financial Statements? Types of balance sheet, formal structure, balance sheet balance, What is an account? Establishing the relationship with the balance sheet
9 Examination of assets in the balance sheet, basic principles, interpretations
10 Examination of resources in the balance sheet, basic principles, interpretations
11 Introducing the Profit and Loss Statement, partitioning, interpretation
12 Introducing the Profit and Loss Statement, partitioning, interpretation
13 Introduction of Cash Flow Statement, partitioning, interpretation
14 Vertical Analysis and Interpretation of Financial Statements
15 Vertical Analysis and Interpretation of Financial Statements
16 Final Exam

Sources

Course Book 1. Orhan Sevilengül - Genel Muhasebe
2. Sacit Önen -Türk Vergi Sistemi
Other Sources 3. Türk Ticaret Kanunu
4. Vergi Usul Kanunu
5. Gelir Vergisi Kanunu
6. Teşvik Mevzuatı

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 5
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 1 20
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 40
Toplam 4 95
Percentage of Semester Work
Percentage of Final Work 100
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Adequate knowledge of mathematics, physical sciences and the subjects specific to engineering disciplines; the ability to apply theoretical and practical knowledge of these areas in the solution of complex engineering problems.
2 The ability to define, formulate, and solve complex engineering problems; the ability to select and apply proper analysis and modeling methods for this purpose.
3 The ability to design a complex system, process, device or product under realistic constraints and conditions in such a way as to meet the specific requirements; the ability to apply modern design methods for this purpose.
4 The ability to select, and use modern techniques and tools needed to analyze and solve complex problems encountered in engineering practices; the ability to use information technologies effectively.
5 The ability to design experiments, conduct experiments, gather data, and analyze and interpret results for investigating complex engineering problems or research areas specific to engineering disciplines.
6 The ability to work efficiently in inter-, intra-, and multi-disciplinary teams; the ability to work individually.
7 (a) Sözlü ve yazılı etkin iletişim kurma becerisi; etkin rapor yazma ve yazılı raporları anlama, tasarım ve üretim raporları hazırlayabilme, etkin sunum yapabilme, açık ve anlaşılır talimat verme ve alma becerisi. (b) En az bir yabancı dil bilgisi; bu yabancı dilde etkin rapor yazma ve yazılı raporları anlama, tasarım ve üretim raporları hazırlayabilme, etkin sunum yapabilme, açık ve anlaşılır talimat verme ve alma becerisi.
8 Recognition of the need for lifelong learning; the ability to access information, follow developments in science and technology, and adapt and excel oneself continuously.
9 Acting in conformity with the ethical principles; professional and ethical responsibility and knowledge of the standards employed in engineering applications.
10 Knowledge of business practices such as project management, risk management, and change management; awareness of entrepreneurship and innovation; knowledge of sustainable development. X
11 Knowledge of the global and social effects of engineering practices on health, environment, and safety issues, and knowledge of the contemporary issues in engineering areas; awareness of the possible legal consequences of engineering practices.
12 (a) Knowledge of (i) fluid mechanics, (ii) heat transfer, (iii) manufacturing process, (iv) electronics and control, (v) vehicle components design, (vi) vehicle dynamics, (vii) vehicle propulsion/drive and power systems, (viii) technical laws and regulations in automotive engineering field, and (ix) vehicle verification tests. (b) The ability to merge and apply these knowledge in solving multi-disciplinary automotive problems.
13 The ability to make use of theoretical, experimental, and simulation methods, and computer aided design techniques in automotive engineering field.
14 The ability to work in the field of vehicle design and manufacturing.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 14 2 28
Presentation/Seminar Prepration
Project
Report
Homework Assignments 1 10 10
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 20 20
Prepration of Final Exams/Final Jury 1 25 25
Total Workload 131