Welcome to Online 101A Financial Accounting 5.0 units Paul R. St. John, CPA – Fullerton College Orientation for Online Fall 2014 • 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 14 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areas … 3 staffwww.fullcoll.edu/pstjohn Paul R. St.John, CPA Faculty Website still available, but has essentially been replaced by Blackboard (Bb) once semester has started 4 staffwww.fullcoll.edu/pstjohn After viewing the next slide, stop (escape) this PPT and open the syllabus from my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 4,400 points 65% of 4,000 = 2,600 + 4,400 = 7,000 pts. to pass course 4,050 points (including Appendix E 150 pts. below) all graded automatically in WileyPlus, 300 per chapter 1,950 points all graded manually by professor Paul R. St.John, CPA Syllabus Final is 4,000 pts. or 40% of the grade 9 Syllabus Paul R. St.John, CPA Everything listed by due date 10 • So Get an early start • WileyPlus ONLY available through FC Bb • Buy only from FC Bookstore or you can buy etext through FC Bb/WileyPlus course • But wait, the first 14 days are FREE and access comes with etext • So keep Bb open while viewing this PPT in Slide Show Presentation (window) mode Paul R. St.John, CPA Ch. 1 Available a Week before School 11 • 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 • 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 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 Paul R. St.John, CPA 101A Bb Wiley Plus Click right squares to show detail, if any Click Left Menu Bar to show Content/Assignments Chapters are revealed on Monday at 8am a week before the official start of the chapter 15 Click on the right boxes to expand 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 • Business Activity • Homework • Homework Helper PowerPoints (PPTs) 16 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. 17 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 18 Paul R. St.John, CPA 101A Bb Wiley Plus 19 Lots of Multimedia Resources available. Use as required to learn the material. Paul R. StJohn, CPA Within the first 48 hours (Tuesday midnight): 1. Read Chapter (Ch.) 1 (etext or hard copy) 2. View the Lecture PPTs in presentation mode while 3. Preparing the In Class Practice in WileyPlus 4. Answer only 1 question in the ch. Discussion Forum 5. Take ch. Test using only 1st attempt and NO guessing 6. Get started on Ch. 1 Biz Activities extra assignment By Thursday, but no later than Saturday: 7. Attempt 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 By the Sunday deadline: 10. Finish Homework, Test, Disc. Forum, & Biz Activities Ch1 - FINANCIALS Online Section – Chapter Activities 20 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 21 In Class Outside Class Total Time Traditional 5.5 11 16.5 Online 0 16.5 16.5 Hybrid 2.8 13.7 16.5 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 22 A B C D/F Paul R. St. John, CPA Besides In Class Practice, Discussion, Homework, & Test (350 pts.) 1. Ch. 1 - Business Activities in Discussion Board (100 pts.) 2. BYP2-5 in the Discussion Board (100 pts.) 3. GLS P3-5A in Bb/WileyPlus (100 pts.) 4. GLS P4-7A in Bb/WileyPlus (100 pts.) 5. Comprehensive Problem Ch. 5 done in Your Group (100 pts.) 6. SEC 10K recap and analysis using Excel template (100 pts.) 7. Comp. Prob. Ch. 7 done in Your Group (100 pts.) 8. Communications Case written assignment (100 pts.) 9. Comp. Prob. Ch. 9 done in Your Group (100 pts.) 10. Current Event PowerPoint (200 pts.) 11. Ch. 11 no extra assignment (Appendix E has its own week -150 pts.) 12. SEC 10K recap with ALL ratios learned (100 pts.) 13. Group Analysis of Industry SEC 10K recaps (100 pts.) Extra Assignments Extra Assignments by Chapter 23 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 24 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 25 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 26 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. 27