Introduction Syllabus Highlights. Part I – learning the concepts of Financial Accounting ◦ “Teachers open the door. You enter by yourself” (old Chinese.

ACG 2021Financial Accounting

IntroductionSyllabus Highlights

Part I – learning the concepts of Financial Accounting◦“Teachers open the door. You enter

by yourself” (old Chinese proverb)

Part II – applying the concepts “What we have to learn to do, we learn by doing” (Aristotle)

◦This means Homework!

What to Expect

To provide you with a working knowledge of◦ accounting processes and concepts◦ the content of financial statements◦ the framework of accounting theory

Course Objectives

“Do NOT take professor Hornik! In order to do well on the tests you need to do all the homework, read and MEMORIZE all the chapters, and remember everything from previous tests.” (anonymous, ratemyprofessor.com 12/14/06)

Yes I read it

Read your Email:◦ I use both:

Registered with UCF WebCourses

Read Discussion Boards and ONLY post within appropriate folder READ THE WIKI:

◦ Syllabus◦ Course Schedule◦ Technology Page

You have 7 Days from a grade being posted to....◦ Let me know its not there◦ Let me know you disagree

You drop the lowest Exam Score so...◦ NO MAKEUP EXAMS

Stuff to Keep Dr. Hornik Sane

This class is a Marathon◦ Pace Yourself

Watch my Lectures Come to class/Watch the class Video Read the Book Do the HW Do as many problems/exercises/quiz questions as

you an bear using MyAccountingLab◦ ASK FOR HELP!

Stuff to Keep you Sane

Dr. Steven Hornik email: [email protected] Course Webpages:

◦http://webcourses.ucf.edu◦ http://financialaccounting.wikispaces.com/

Office BA1 432 Phone: 407-823-5739 Yahoo IM: shornik (or meebo me) Office Hours: Tuesday and Thursday 10-12,

Thursday 5-6; and by appointment Second Life Office Hours: Wednesday 10-11

PM and Friday 10-11 AM and by appointment

Syllabus Highlights

Ling Huang◦ E-mail: [email protected]◦ Office Hours:

TBD Rachel Weisman

◦ E-mail: [email protected] ◦ Office Hours:

Monday and Wednesday 9:00 – 2:00 Anna Dragon

◦ Email:◦ Office Hours:

Terri Berry◦ E-mail: [email protected] ◦ Office Hours:

Thursday 6:30 to 8:30 PM Saturday 10:00 AM to 12:00 PM Sunday 3:00 - 6:00 PM

Teaching Assistant & Other Assistants

Financial Accounting◦ Harrison & Horngren◦ Third Custom Edition for UCF◦ ISBN: 0-536-55644-X

Textbook

Get Accounts for:◦ Twitter

Used for Extra-Credit◦ Second Life

Used for Lectures, Virtual Office Hours, Study Groups, HW Assignments and Instruction of Accounting Concepts

◦ MyAccountingLab Register for ACG2021 Spring - Hornik

Download Software:◦ Second Life

Or use in Labs on UCF campus◦ Cmap Tools

Or use in Labs on UCF campus

Other Requirements

No in-class Lectures Lectures are available on-line:

◦ Web-based Via Webcourses or Via

http://www.mydebitcredit.com/test-new-page/screencasts/

◦ Second Life 3 locations on Teaching 4

◦ iPod or .wmv Video download (still needs to be implemented) Via Webcourses

Class Time will be used for going over End of Chapter Exercises and Problems

Class is optional and will be video-taped, with streaming available ~1 hour after class ends.◦ Link to Class-Video is available via WebCourses

At Your Convenience Section, What’s that mean?

Grade ComponentsRequirements Points

Concept Maps (5 x 5) 25

MyAccountingLab (20 x 5) 100

Second Life (5 x 10) 50

Exam 1: chapter 1-3 125

Exam 2: chapter 4-5 125

Exam 3: chapter 6-7 125

Exam 4: chapter 8-9 125

Exam 5: Chapter 11-12 125

Total Points 675

Grading ScaleGrade Minimum Points

A 607

B+ 587

B 540

C+ 520

C 472

D 405

F < 405

Via WebCourses◦ You MUST log into via WebCourses (NOT

myUCF)◦ Testing Lab BA2, 104

Multiple Choice◦ Password may be Required to begin exam

If so, I will e-mail you the password prior to the exam

If not, you will need to click no when asked to provide a password

◦ Tests will occur over multiple days Starting at 7:00 AM Ending at Midnight

Multiple versions of the exam will be automatically generated

◦ I will NOT be present Do NOT attempt to exit and re-take the

exam! NO MAKE-UP Exams will be given

Testing Lab Procedures◦ Valid UCF ID card required◦ Allowed Materials

Financial Calculator Scratch Paper will be Provided

◦ Read All Testing Lab Procedures on Syllabus Reporting Problems Acceptable Use Food & Drink Unauthorized material

Exams

There are 5 Exams – Drop the Lowest Score

Assignments are described in the Syllabus, Due dates can be found:◦ Syllabus (Wiki)◦ Class Schedule (Wiki)◦ Calendar (Second Life)

Graded Assignments:◦ Concept Maps (see syllabus)

Due Dates are also found on WebCourses Calendar◦ MyAccountingLab Problems (see syllabus)

You have 3 Tries, use them All! Due Dates are also found on MyAccountingLab Calendar

◦ Second Life Assignments (see syllabus) HW assigned on class schedule (Exercises) are NOT graded

◦ To gauge YOUR understanding of the material To do well in the class requires....

◦ Repetition, Repetition, Repetition◦ HW, HW, HW◦ Take advantage of the resources provided

Cmaps, Second Life, Meebo (communicate with me), My Accounting Lab, TAs and Me!

Homework

ACG 2021Technology Used:Second Life, Cmap Tools, Twitter and Meebo

Watch Lectures Interact with 3-D accounting Content Meet in groups to discuss accounting? Meet with me to discuss accounting? Limited to ~40 Avatars at one time

◦ Available 24/7◦ Initially we won’t have a schedule

Have Fun!

Second Life Uses

Second Life Getting Started (link on Wiki) Join Second Life

◦ Pick Avatar Name / Shape Download Viewer Find our Class Land

◦ Teaching 4 (59,162,22)◦ Set Home Here

Ctrl-shift-H, takes you home from anywhere in SL

Join the Class Group (needed to access content)◦ UCFCBA Accounting

Search Groups and Join Cost $L0

Let me know what your Second Life Name is◦ Click the Registration board in my office in SL

Steps for using Second Life

Linden Lab Policies◦ No Intolerance◦ No Harassment◦ No Assaulting

Pushing, Shoving, Shooting

◦ No Disclosure Residents are entitled

to privacy Me, You and your

classmates◦ No Indecency◦ No Disturbing the Peace

ACG 2021 Policies◦ Clothing is Mandatory

Wear anything you wish

◦ Accounting objects will be shared

◦ We share space on an Island with others Be respectful of other

builds Be respectful of other

avatars◦ Scheduled Events

Show up on Time

Second Life Guidelines

Adopted for ACG2021◦ Engage

Explore responsibly◦ Use Good Judgment / Witnessing Inappropriate

Behavior There is good and bad in SL, judge whether or

not you should proceed Know how to leave (Ctrl-H)

◦ Protect the name of UCF You are representatives of UCF

◦ Protect others privacy Mine, Yours, your Classmates

IBM Virtual World Guidelines (subset)

Communication Tool What are you doing now? We’ll use for Extra-credit

◦ What’s the first Asset to appear on the Balance Sheet?

Steps to use Twitter:◦ Get a twitter account◦ Friend, acg2021◦ Turn on Notifications if you want messages on

your cell phone◦ Let me know what your twitter name is

Same place: Second Life registration board

Twitter

Concept Map Tool Steps to use Cmap:

◦ Download Cmap◦ Watch the How-To Videos◦ Do Cmap#1 due 01/20/09

Cmap

Communication Tool Used for sending IM’s May be used for group chats

◦If the need arises Accessible via the class wiki

◦You don’t need an IM account◦You don’t need a Yahoo account◦You can IM me or TA’s

whenever/wherever as long as you have Internet Access (and one of us is online)

Meebo

Our WebPage Syllabus Schedule Technology Pages Un-graded Solutions PowerPoint's Use it to watch How-To Videos Use it to view Student Cmaps Use it to IM me via Meebo You don’t need to Join

WikiSpace

“I did not use it because i did not perceive it as being necessary to learn accounting. People in the past have learned accounting just fine without all of these technologies. My view is KISS, keep it simple stupid”. (Fall 2007)

Don’t worry it’s all pretty easy If you need help, there are

How -To Demo Videos on the Wiki

Holy *&^% That’s a lot of different Technology

Many Opportunities throughout the semester One outlet will be Twitter

◦ First n students to Tweet the correct answer will get a set amount of points (2)

◦ Next n students to Tweet the correct answer will get less points (1)

Other vehicles – Research opportunities Paper Concept Maps

◦ Must do 1st 5 before doing Extra-Credit Maps◦ Extra-credit Maps are worth 2.5 points each◦ Upload Extra-Credit Maps to Extra-Credit

assignment in WebCourses

Extra Credit

By Monday January 9th,◦ Read Syllabus◦ Read Course Agreement

Get on Course Schedule Complete Course Agreement via WebCourses, Due 1/20

Watch Chapter 1 Lectures◦ Cmap #1, Due 01/20 ◦ Problem 1-50 and 1-56, Due 01/27◦ Cmap#2, Due 01/27◦ Second Life Assignment#1, Due 01/27

Work on End of Chapter Exercises◦ See Class Schedule

To Do...