Welcome to 101A Financial Accounting 5.0 units

1. Welcome to101A FinancialAccounting5.0 units Paul R. St. John, CPA – Fullerton College Orientation for Online Summer 2019

2. Professor St. John’s Background • Started at Santa Monica College and graduated with a Bachelor of Science -Business Administration degree with an option in Accounting at Cal State Long Beach • CPA licensed in California and in public accounting for over 35 years • Last 19 years teaching here at Fullerton College full time Paul R. St.John, CPA

3. Audited these diverse areas … • Advertising agency • Motion picture film production • Real estate housing developer • Mobile home manufacturers • Escrow companies • Private high school • Furniture manufacturer and retailer • Gemological Institute of America • American Gemological Society • Nationwide floral delivery system Paul R. St.John, CPA

4. Paul R. St.John, CPA You may want to follow along with a copy of the syllabus. Accounting can’t be mastered by reading and lecture alone, you must apply the knowledge learned in practice, repeatedly. Once you get it, however, you have an invaluable skill for life.

5. Normally chapters are available 3 or 4 days before the start date, but for Chapter 1 Cengage is not available until the start date, June 17th. There are two chapters per week. There is a limited availability on most assignments past the due date without penalty. This extension period should only be used for emergencies and / or to ask questions to finish the last 10 to 20% of the chapter. No further extensions are given. Paul R. St.John, CPA

6. See syllabus for details or links to the following items: • Text and materials • Emergency Response • ADA Considerations • Academic Resources • Academic Honesty Policy • Instructional Computing Lab Policy • Standards of Student Conduct and Discipline Policy Paul R. St.John, CPA

7. Paul R. St.John, CPA Note the ALL the above items will be available through Canvas. Even Cengage (the text) is ONLY available through Canvas.

8. Paul R. St.John, CPA Mid-term exam/ seminars are optional but strongly recommended. If you miss them, the points will be added to final exam possible points for you.

9. Canvas our eClassroom Fullerton College Business / CIS Division Use student # and the password you used to register for classes.

10. Study Tools & eBook: Read Chapter << Optional Chapter Adaptive Study Plans available here all semester. Search >> Full Book>> Fullerton College Business / CIS Division ReadSpeaker >> Dictionary >> Glossary >> Flash Cards>> My Notes >>

11. Canvas our eClassroom – Module 1 Read / scan the text and take the Ch01 Adaptive Study Plan. These next three items should be done at the same time. Answer one of the discussion questions for the first point, and later for follow-up point. Then the next two are the second half of the chapter, but still use the Ch01 Lecture Plus. Fullerton College Business / CIS Division Homework done on your own. These last two items are done together. Ch01 Module looks a little overwhelming, but all these pieces fit together to engage your learning of financial accounting in an online environment while staying very close to the traditional delivery in the brick and mortar classroom.

12. Course Student Learning Outcomes in Brief • Identify, record, categorize and summarize transactions • Recognize revenues and expenses in the proper period as required by accrual basis GAAP • Prepare adjustments related to bad debts, inventory, and long-term assets • Prepare and analyze financial statements • Ensure the integrity of financial information Paul R. St.John, CPA

13. etext and CengageNOWv2 Purchase your access plan before the free access expires during the first few days of the course. Paul R. St.John, CPA

14. Adaptive Study Plans in Cengage Paul R. St.John, CPA Chapter 1 is due on June 19th with an extension until June 25th. The maximum possible 6 points times 125% curve gives you 7.5 points. The 1.5 points above maximum is extra credit.

15. Adaptive Study Plans in Cengage Paul R. St.John, CPA

16. Adaptive Study Plans in Cengage Paul R. St.John, CPA

17. Pre-Test Summary Paul R. St.John, CPA

18. Improve Score Paul R. St.John, CPA

19. Improve Score Paul R. St.John, CPA Don’t “Submit for Final Grading” until you are satisfied of your score. Final is Final. So select “Save and Exit” or “I’m Done” or “Improve Score” or “Continue Taking Assignment”.

20. Improve Score Paul R. St.John, CPA

21. A Tough, Time Consuming 5 Unit Course • It may seem like a lot of busy work, but accounting requires lots of practice to really understand what is happening and why • You should take 10-15 seconds and reflect after each exercise is performed successfully • Ask yourself why is it important and how does it fit into the accounting cycle? • Once you get it (accounting), you have it for life and you can apply accounting to any of your pursuits and passions • The first four chapters are the most important • The math for the most part is not that tough • Everyone can succeed as long as you put in the time and effort Paul R. St.John, CPA

22. Paul R. St.John, CPA So let’s get it done, this summer!