Accounting Equation - Fullerton College Staff Web Pages

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Welcome to
Online 101A
Financial
Accounting
5.0 units
Paul R. St. John, CPA – Fullerton College
Orientation for Online Summer 2015
• 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 30 years
• Last 15 years teaching here at Fullerton
College full time
Paul R. St.John, CPA
Professor St. John’s Background
2
• 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
• Teleflora
Paul R. St.John, CPA
Audited these diverse areas …
3
staffwww.fullcoll.edu/pstjohn
Paul R. St.John, CPA
Faculty
Website still
available,
but has
essentially
been
replaced by
Blackboard
(Bb) once
semester
has started
4
staffwww.fullcoll.edu/pstjohn
After viewing the next slide, stop (escape) this PPT and open the
syllabus from my website and then restart the PPT in presentation
(window) mode.
Paul R. St.John, CPA
In the next slide I will show you how to keep this PPT in show
presentation mode with another window open at the same time.
5
• Select: Slide Show
• Set Up Slide Show
• Browsed by an
individual (window)
• OK
Viewing these power
points in Slide Show
mode reveal timing
and animations that
are important
Now continue this Orientation PPT while
looking at the syllabus in another window.
Paul R. St.John, CPA 101A Bb Wiley Plus
How to have Lecture
PPT or even this
orientation window
open while working on
Blackboard or looking at
the syllabus
6
• Websites, faculty office hours, WileyPlus access
through Bb ONLY
• Text, Software, & Supplies
• Attendance, Campus Tutoring, ADA
Considerations, Academic Honesty Policy, and
Computer Labs
• Students have 10,000 points available from
chapter WileyPlus activities, discussion board,
group, other activities, and final exam.
Paul R. St.John, CPA Syllabus
Let’s Look at the Syllabus
7
Paul R. St.John, CPA Syllabus
Follow me on Twitter for news and
homework hints: @FCProfStJohn
8
Students should
go into the final
with at least
4,725 points
65% of final
3,500 = 2,275 +
4,725 =
7,000 pts. to
pass course
2,450 points all graded
manually by professor
Paul R. St.John, CPA Syllabus
Final is 3,500
pts. or 35% of
the grade
4,050 points (including Appendix E
150 pts. below) all graded
automatically in WileyPlus that is
300 points per chapter
9
Syllabus
Meet the Professor on Mon., June 15th 8a to 11a
Everything listed by due date
First week in summer includes Ch. 1 & 2
Start timesheet to be turned in at the Mid-term
Seminar
• Follow me on Twitter
• Introduce Yourself
Paul R. St.John, CPA
•
•
•
•
10
Syllabus
In Class Practice & 1st 15 pts. of disc. due on Mon. or Thur.
Disc. (35 pts.), Test (100 pts.), & Homework (150 pts.) due Wed. or Sat.
Other items as listed with their due dates
On Campus Mid-term Seminar Sat., June 27 from 9a to noon for 500 FUN
points in room 1018 – You do not want to miss this most important 3
hours
Paul R. St.John, CPA
•
•
•
•
11
• WileyPlus ONLY available through FC Bb,
not available through WileyPlus website
• Buy only from FC Bookstore or you can buy
etext through our FC Bb/WileyPlus course
• The first 14 days are FREE and access
comes with etext
• So get started early
• Caution: if you need 14 days to get funds
to buy the etext & access, you may not
want to start early
Paul R. St.John, CPA
Ch. 1 Bb Available before School Starts
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May take up to 24
hours after late
registration to
show up in our Bb
course.
Username is
your student
number
preceded by
an @.
Paul R. St.John, CPA 101A Bb Wiley Plus
Sign in if not
already.
13
Home Page: My Calendar and To
Do are not supported in this
course, but were left in for those
who might want them.
Note the left menu bar:
Home Page:
Announcements
Tasks – You manually update the
status of your tasks
101A Home Page
Content / Assignments
Discussion Board
Your Group
Tools / email
Bb Help
Syllabus
[This] Orientation PowerPoint
Paul R. St.John, CPA 101A Bb Wiley Plus
101AF Financial Accounting Bb Home Page
14
New this Summer 2015 – on this main
Content/Assignments
You will find the
Excel Schedule / Timesheet
Paul R. St.John, CPA 101A Bb Wiley Plus
Click
right
squares
to show
detail, if
any
15
Chapters are revealed in pairs on Monday at midnight a week
before the official start of the chapter
• In Class Practice
•
•
•
•
For Online class this is really pre-homework and is required
Chapter PowerPoint’s help you through these ICPs
Algorithmic – everyone has different #s
There are 5 attempts per exercise or part given for 50 points
• Homework
•
•
•
•
See due dates in the schedule in syllabus
The deadlines and details are also in Bb/WileyPlus
Algorithmic – everyone has different #s
5 attempts per exercise or part for 150 points possible
• Chapter Test
• 20 to 25 pooled multiple choice questions
• Questions linked to etext
• Two attempts and not timed for 100 points
• Not in WileyPlus - 50 points for the Discussion Board in Bb
Paul R. St.John, CPA 101A Bb Wiley Plus
WileyPlus through Bb for every chapter
16
Click on the right boxes to
expand / contract
See breadcrumbs
See your Bb grades
Grades also in WileyPlus
and they sync often, but
not always immediately
Paul R. St.John, CPA 101A Bb Wiley Plus
Chapter 1
• Introduce Yourself
• Follow on Twitter
• etext Reading
• Discussion Forum
• Lecture PPT
• In Class Practice (ICP)
• Chapter Test
• Homework
• Homework Helper
PowerPoints (PPTs)
17
Paul R. St.John, CPA 101A Bb Wiley Plus
If you click on Chapter 1,
you will be entering
WileyPlus for the first time
and will have to register.
Don’t choose a “privacy”
setting or I will not be able
to see your grades in
WileyPlus.
WileyPlus syncs your
grades regularly to Bb,
where I can, of course,
see them.
You will need to have
your access code within
14 days. Enter it now if
you have it.
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Paul R. St.John, CPA 101A Bb Wiley Plus
• This etext is broken down by sections and doesn’t have
page numbers
• Self-Test Questions are used in my Lecture PowerPoints
• Questions are used in the chapter discussion board
• Brief Exercises and Do It! Review used in the In Class
Practice assignments
• Exercises and Problem: Set A used in Homework
• Broadening Your Perspective is the source of the
communication and ethics cases, and BYP2-5
• A Look at IFRS compares the US standards to the
emerging international standards
19
Paul R. St.John, CPA 101A Bb Wiley Plus
20
Lots of Multimedia Resources available. Use as required to learn
the material.
Paul R. StJohn, CPA
Within the first 24 hours:
1. Read Chapter (Ch.) 1 (etext or hard copy)
2. View the Lecture PPTs in presentation mode while
3. Prepare the In Class Practice in WileyPlus
4. Answer only 1 question in the chapter Discussion Forum
5. Take chapter Test using only 1st attempt and NO guessing
By Wed. (Ch. 1) or Sat. (Ch. 2) deadlines at 1159p:
7. Finish all Homework and research missing Test ?s
8. Read, Rate, & Reply to peer answers in Disc. Forum
9. Ask or Answer peer questions in the Disc. Forum
10. See deadline for special items required almost every chapter
Ch1 - FINANCIALS
Online Section – Chapter Activities
21
Go to Discussions,
Introduce Yourself
and post a photo
for 50 extra credit
points
Paul R. St.John, CPA 101A Bb Wiley Plus
Discussion Forums set up by chapter – your new question
thread should have a specific subject for example a question on
“P4-1A part b” should be in the Ch4 Discussion Forum
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Extra Chapter Assignments
Paul R. St. John, CPA
Besides In Class Practice, Discussion, Homework, & Test (350 pts.)
1. Ch. 1 – 4 Excel Schedule / Timesheet (100 pts. at Mid-term)
2. Ch. 2 Lecture Follow Along Fill-in Excel (50 pts.)
3. GLS P3-5A in Bb/WileyPlus (50 pts.)
4. GLS P4-7A in Bb/WileyPlus (50 pts.)
5. Excel P4-7A in Bb/WileyPlus (50 pts.)
6. Pencil & Paper P4-7B (50 pts.)
7. On Campus Seminar Sat., June 27 from 9a – noon (500 pts.)
8. Comprehensive Problem Ch. 5 done in Your Group (100 pts.)
9. Ch. 5 Pencil & Paper (P&P) Multi-Step Income Statement (50 pts.)
10. Ch. 6 SEC 10K recap and analysis using Excel template (100 pts.)
11. Comp. Prob. Ch. 7 done in Your Group (100 pts.)
12. Ch. 4 – 8 Communications Case written assignment (100 pts.)
13. Comp. Prob. Ch. 9 done in Your Group (100 pts.)
14. Ch. 10 P& P Acquisition, Depreciation, Loan Amortization (50 pts.)
15. Ch. 10 Current Event PowerPoint (200 pts.)
16. Ch. 11 P&P Classified Balance Sheet with Ch. 11 Equity (50 pts.)
17. Ch. 12 SEC 10K recap with comparisons (200 pts.)
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In Class
Outside Class
Total Time
Traditional
5.5
11
16.5
Online
0
16.5
16.5
For
this 7 week summer2.8
course you need13.7
to more than double
the
Hybrid
16.5
online hours to about 38 hours a week.
Hours per Week (roughly a ch. / week)
15+
14-12
12-10
9 or less
Paul R. St.John, CPA
Per Week
Orientation
Time Commitment – 16 week Course
101A Financial Accounting
24
A
B
C D/F
Student Learning Objective
• 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
Course SLOs in Brief
25
etext and WileyPlus free for 2 weeks
Extra Credit:
• Follow me on Twitter
• @FCProfStJohn
• Introduce Yourself
Paul R. St.John, CPA
• Get into Bb/WileyPlus
even before buying
your text
• WileyPlus is available
only through our Bb
website
26
Paul R. St.John, CPA
• 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 15 seconds and reflect after each exercise
is performed successfully
• Why is it important and how does it fit into the accounting
cycle?
• Once you get it, 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
• So let’s get it done, this semester!
A Tough Course
A Tough, Time Consuming 5 Unit Course
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Thought for the Day
Paul R. St.John, CPA
If you can’t put in the
time & work to get
through this ride, then
do the right thing and
give someone else
your seat.
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