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

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!

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

Syllabus Highlights Dr. Steven Hornik Course Webpages: – – Office BA1 432 Phone: Yahoo IM: shornik (or meebo me) Office Hours: Tuesday and Thursday 10-12, Thursday 5-6; and by appointment Second Life Office Hours: Tuesday PM and Friday AM and by appointment

Teaching Assistant & Other Assistants Ling Huang – –Office Hours:  Tuesday & Thursday 1:30-4:30 Rachel Weisman – –Office Hours:  Monday and Wednesday 10:00-3:00 Terri Berry – –Office Hours:  Tuesday and Wednesday 6:30-8:00 PM  Saturday 9:00-10:00 AM &  Sunday 3:00-5:00 PM

Textbook Financial Accounting –Harrison & Horngren –Third Custom Edition for UCF –ISBN: X

Other Requirements Get Accounts for: –Twitter  Used for Extra-Credit –Second Life  Used for Lectures, Virtual Office Hours, Study Groups, HW Assignments and Instruction of Accounting Concepts Download Software: –Second Life  Or use in Labs on UCF campus –Cmap Tools

At Your Convenience Section, What’s that mean? No in-class Lectures Lectures are available on-line: –Web-based  Via WebCT  Via page/screencasts/ page/screencasts/ –Second Life  3 locations on Teaching 4 –iPod or.wmv Video download  Via WebCT Class Time will be used for going over End of Chapter Exercises and Problems Class is optional and will be video-taped, with streaming available ~1 hour after class ends.

Grade Components RequirementPoints Homework: Concept Maps (5 pts. each)25 Homework: Problems (5 pts. each)100 Homework: Second Life (10 pts. each)50 Exam 1 - chapters Exam 2 - chapters Exam 3 - chapters Exam 4 - chapters Exam 5 - chapters Total Points675

Grading Scale GradeMinimum Points Needed for Grade A (675 x.90%)607 B+ (675 x 87%)587 B (675 x 80%)540 C+ (675 x 77%)520 C (675 x 70%)472 D (675 x 60%)405 F<405

Exams 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 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 multiple days  Starting at 7:00 AM  Ending at Midnight –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

Homework Assignments are listed in the Syllabus Graded Assignments: –Concept Maps (see syllabus) –End-of-Chapter Problems (see syllabus) –Second Life Assignments (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), My Accounting Lab, TAs and Me!

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!

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 Let me know what your Second Life Name is –

Second Life Guidelines 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

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

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  Same place:

Cmap Concept Map Tool Steps to use Cmap: –Download Cmap –Watch the How-To Videos –Do Cmap#1 due 09/04/08

Meebo Communication Tool Used for sending IM’s May be used for group chats –If the need arises Accessible via the class wiki –You don’t need an IM account –You don’t need a Yahoo account –You can IM me or TA’s whenever/wherever as long as you have Internet Access (and one of us is online)

WikiSpace Our WebPage Syllabus Schedule Ungraded Solutions PowerPoints Use it to watch How-To Videos Use it to view Student Cmaps Use it to IM me via Meebo

Holy *&^% That’s a lot of different Technology “I did not use it because i did not perceive it as being necessary to learn accounting. People in the past have learned accounting just fine without all of these technologies. My view is KISS, keep it simple stupid”. (Fall 2007) Don’t worry it’s all pretty easy If you need help, there are How -To Demo Videos on our WebPageHow -To Demo Videos

Extra Credit Many Opportunities throughout the semester One 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 – Research opportunities

To Do... By Monday September 2nd, –Read Syllabus –Read Course Agreement  (ACG2021 Documents)  Complete Course Agreement via WebCT Watch Chapter 1 Lectures –Cmap #1, Due 09/04 –Problem 1-50 and 1-56, Due 09/11 –Cmap#2, Due 09/11 –Second Life Assignment#1, Due 09/11 Work on End of Chapter Exercises –See Class Schedule