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areas … 3 staffwww.fullcoll.edu/pstjohn Paul R. St.John, CPA Faculty Website still available, but has essentially been replaced by Blackboard (Bb) once semester has started 4 staffwww.fullcoll.edu/pstjohn After viewing the next slide, stop (escape) this PPT and open the syllabus from my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 12 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. 18 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 22 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.) 23 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 27 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. 28