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ACG 2021 Financial Accounting

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  1. ACG 2021Financial Accounting Introduction Syllabus Highlights WebCT, Second Life, Cmap, Meebo, Twitter

  2. What to Expect • 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!

  3. Course Objectives • To provide you with a working knowledge of • accounting processes and concepts • the content of financial statements • the framework of accounting theory

  4. Syllabus Highlights • Dr. Steven Hornik • email: shornik@bus.ucf.edu • Course Webpage: http://webct.ucf.edu • Office BA1 407/408 • Phone: 407-823-5739 • Yahoo IM: shornik • Office Hours: Monday 10-12, 5-6; Thursday 4-6 and by appointment

  5. Teaching Assistant • Ling Huang • E-mail: ucf0205@yahoo.com • Office Hours: • TBA

  6. Textbook • Financial Accounting • Harrison & Horngren • Second Custom Edition for UCF • ISBN: 0-536-98600-2

  7. Other Requirements • Get Accounts for: • Twitter • Used for Extra-Credit & Communication • Second Life • Used for Lectures, Extra-Credit, and Instruction of Accounting Concepts • Download Software: • Second Life • Or use in Labs on UCF campus • Cmap

  8. M-Course Section, What’s that mean? • No in-class Lectures • Lectures are available on-line: • Web-based • Via WebCT • Via http://www.mydebitcredit.com/test-new-page/screencasts/ • Second Life • 3-4 locations on Teaching 4 • iPod Video download • Via WebCT • Class Time will be used for going over End of Chapter Exercises and Problems • Most classes should end by 7:30

  9. Second Life Uses • 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!

  10. Steps for using Second Life • Join Second Life • Pick Avatar Name / Shape • Download Viewer • Find our Class Land • Teaching 4 (59,162,22) • Set Home Here • Ctrl-H, takes you home from anywhere in SL • Join the Class Group (needed to access content) • UCFCBA Accounting • Search Groups and Join • Cost $L0

  11. 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

  12. IBM Virtual World Guidelines (subset) • 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

  13. Twitter • 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

  14. Cmap • Concept Map Tool • Steps to use Cmap: • Download Cmap • Watch the How-To Videos • Do Cmap#1 due 8/24th

  15. Meebo • Communication Tool • Used for sending IM’s • May be used for group chats • If the need arises • Accessible via the class web-site / wiki • You don’t need an IM account • You don’t need a Yahoo account • You can IM me whenever/wherever as long as you have Internet Access

  16. WikiSpace • Our WebPage • Syllabus • Schedule • Use it to watch How-To Videos • Use it to IM me via Meebo

  17. Holy *&^% That’s a lot of different Technology • Don’t worry it’s all pretty easy • If you need help, there are How -To Demo Videos on our WebPage

  18. Grade Components

  19. Grading Scale

  20. Via WebCT You MUST log into via WebCT (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 a 2 day period Starting at 7:00 AM (Friday) Ending at 9:00 PM (Monday) 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

  21. Homework • Assignments are listed in the Syllabus • Graded Assignments: • Concept Maps (see syllabus) • End-of-Chapter Problem (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 • “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) • Take advantage of the resources provided • Cmaps, Second Life, Meebo (communicate with me), End of Chapter quizzes (WebCT)

  22. Extra Credit • Many Opportunities throughout the semester • Main outlet will be Twitter • First n students to Tweet the correct answer will get a set amount of points • Next n students to Tweet the correct answer will get less points • Other vehicles – including in-class will be provided throughout semester (see syllabus) • Cmaps

  23. WebCT Tools • Student Learning Resources: • Accounting Cycle Tutorial • Covers Chapters 1-3 • Practice It • Problems for Chapters 1-3 • Accounting Pocket Guide • 2 page summary of Accounting Cycle through T-Accounts • Companion Website • Self-Study Quizzes • Excel Spreadsheet Templates

  24. To Do... • By Monday August 27th, • Read Syllabus • Read Course Agreement • (ACG2021 Documents) • Sign and Date Course Agreement via WebCT • Watch Chapter 1 & 2 Lectures • Cmap #1, Due 8/24 (Friday) • Problem 1-8B, Due 8/27 • Cmap #2, Due 8/27 • Work on End of Chapter Exercises • See Class Schedule