1. Syllabus Highlights 1 Introduction

2. What to Expect Philosophy Part I – learning the concepts of Financial Accounting “Teachers open the door. You enter by yourself” (old Chinese proverb) Philosophy Part II – applying the concepts “What we have to learn to do, we learn by doing” (Aristotle) This means Homework!

3. Motivation: Hottest Careers for College Graduates (2008-2018)

4. More Motivation: Flex Time Flourishes in Accounting Industry 4 When it comes to respecting the work-life balance of employees, the accounting industry far outshines the rest of corporate America Some firms let employees can take off the entire summer to devote to their children; Employees work just three days a week during nonpeak months. Generally give 12 weeks of paid maternity leave, with fathers often receiving six weeks Several firms grant sabbaticals of three or six months at 40 percent pay and full health benefits By STEVEN GREENHOUSESTEVEN GREENHOUSE Published: January 7, 2011, NY Times

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

6. At Your Convenience Section, What’s that mean? Class Time will be used for going over End of Chapter Exercises and Problems Class is optional (coming to, not watching the video) and will be video-taped, with streaming available ~1 hour after class ends. Watch Live via Web or Second Life Tweet questions using #acg2021_x weekly hastag Link to Class-Video is available via WebCourses No in-class Lectures Lectures are available on-line: Web-based Via Webcourses or Via http://www.mydebitcredit.com/test-new-page/screencasts/http://www.mydebitcredit.com/test-new-page/screencasts/ Second Life Financial Accounting Theater iPod or.wmv Video download Via Webcourses

7. Stuff to Keep Dr. Hornik Sane & Happy Read your Email: My Email to the class will be via WebCourses ONLY! Please read it. Read Discussion Boards and ONLY post within appropriate folder Refrain from sharing opinions Good or Bad READ THE WIKI: Syllabus Course Schedule MAL, CMAP, Second Life, Twitter Pages You have 7 Days from a grade being posted to.... Let me know its not there Let me know you disagree You drop the lowest Exam Score so... NO MAKEUP EXAMS

8. Stuff to Keep you Sane This class is a Marathon Pace Yourself Watch my Lectures Come to class/Watch the class Video Read the Book Do the HW Do as many problems/exercises/quiz questions as you can bear using MyAccountingLab Study Plan ASK FOR HELP! At times the class is also a Sprint Watch out for Exam 2, it comes very quickly after Exam 1, Same for Exam 5 and the Cumulative Final

9. Syllabus Highlights Dr. Steven Hornik email: shornik@bus.ucf.edushornik@bus.ucf.edu Course Webpages: http://webcourses.ucf.edu http://financialaccounting.wikispaces.com/ Office BA1 432 Phone: 407-823-5739 IM: Use Meebo on our Webpage Office Hours: Tuesday and Thursday 10:30 – 12:00; and by appointment Second Life Office Hours: Wednesday 10-11 PM and Friday 10- 11 AM and by appointment

10. Teaching Assistant & Other Assistants Ling Huang E-mail: ucf0205@yahoo.comucf0205@yahoo.com Office Hours: L Sun E-mail: slr257@gmail.comslr257@gmail.com Office Hours: Monday: 9:00---12:00 pm and 12:45---2:45 pm Friday: 9:00---12:00 pm and 12:30--2:30pm

11. Textbook Financial Accounting Harrison, Horngren & Thomas Custom Edition for UCF MyAccountingLab CourseID: XL0L-X1LJ-401Y-1RJ2

12. Other Requirements Get Accounts for: Twitter Used for Extra-Credit Sending questions during lecture, use #hashtags from syllabus Second Life Used for Lectures, Virtual Office Hours, Study Groups, HW Assignments and Instruction of Accounting Concepts MyAccountingLab Register for ACG2021 Fall 2009 - Hornik Course ID: XL0L-X1LJ-401Y-1RJ2 Download Software: Second Life Or use in Labs on UCF campus Cmap Tools Or use in Labs on UCF campus

13. Grade Components RequirementsPoints Concept Maps (8 x 5)40 MyAccountingLab (25 x 5)125 Second Life (4 x 10)40 Exam 1: chapter 1-3125 Exam 2: chapter 4-5125 Exam 3: chapter 6-7125 Exam 4: chapter 8-9125 Exam 5: Chapter 11-12125 Final Exam Cumulative125 Total Points830

14. Grading Scale GradeMinimum Points A747 B+722 B664 C+639 C581 D498 F< 498

15. Exams Via WebCourses You MUST log into via WebCourses (NOT myUCF) Testing Lab BA2, 104 Multiple Choice 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 There are 6 Exams – I Drop the Lowest Score

16. Homework Assignments are described in the Syllabus, Due dates can be found: Syllabus (Wiki) Class Schedule (Wiki) Graded Assignments: Concept Maps (see syllabus & class schedule) Due Dates are also found on WebCourses Calendar MyAccountingLab Problems (see syllabus & class schedule) You have 3 Tries, use them All! Due Dates are also found on MyAccountingLab Calendar Second Life Assignments (see syllabus & class scheule) 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 Take advantage of the resources provided Cmaps, Second Life, Meebo (communicate with me), My Accounting Lab, TAs and Me!

17. Yes I read it  “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)  “ The expectations for this class are unrealistic for a 3 credit hour course.I watched every lecture,did my h/w went to tutoring and got no lower than a B on every test and somehow received a C in the class.Way too much homework! If you have no life and have time to do alteast 3 hrs of h/w and watch 3 hrs of lectures every week, then take this class. (12/10/10)”  “he uses way too many programs and the class is quite confusing. I studied for about 3 hours for a test to receive an F, so there you go. Avoid him and all his silly programs.” (04/13/09)  The class involves a lot of hard work and dedication. You must do the reading and homework. An A requires A LOT of work, but a high C - B is realistically manageable if you 1) do all the homework, and 2) do all the extra credit. One of your tests is dropped and I suggest you make it your final, which is cumulative.

18. Technology Used: Second Life, Cmap Tools, Twitter and Meebo ACG 2021

19. 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 ~50 Avatars at one time Available 24/7 Initially we won’t have a schedule Have Fun!

20. Steps for using Second Life Second LifeSecond Life (link on Wiki) Join Second Life Pick Avatar Name / Shape Download Viewer Find our Class Land http://maps.secondlife.com/secondlife/ReallyEngagingAccounting/10/1 38/21 http://maps.secondlife.com/secondlife/ReallyEngagingAccounting/10/1 38/21 Set Home Here Ctrl-shift-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 Click the Registration board in my office in SL or, http://www.mydebitcredit.com/php/captureAvatarRegistration.html

21. 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 Be respectful of other avatars

22. 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

23. 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? Experimental Send a tweet if watching class Live (not streamed) using # So tweet would be sent to: @acg2021 #acg2021_#, where # is the class number from the schedule, @acg2021 #acg2021Intro for today’s I will reply right after class. 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: Second Life registration boadh http://www.mydebitcredit.com/php/captureAvatarRegistration.html

24. Cmap Concept Map Tool Steps to use Cmap: Download Cmap Watch the How-To Videos Do Cmap#1 due 01/20/2011 Must complete 8 Cmaps 1 for each chapter out of 11 chapters Can complete 3 extra Cmaps for exra-credit, but Only after doing the 1 st 8

25. 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)

26. WikiSpace Our WebPage Syllabus Schedule Technology Pages Un-graded Solutions PowerPoint's Use it to watch How-To Videos Use it to view Student Cmaps Use it to IM me via Meebo You don’t need to Join

27. Holy *&^% That’s a lot of different Technology Yes there is, and it’s all targeted at different learning styles and different learning objectives. Keep an Open Mind, work hard, ask questions

28. 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 (1.5) Next n students to Tweet the correct answer will get less points (1) Usually available for 24 hours after I send a tweet Other vehicles – Research opportunities Surveys There is one you can do now, an email has been sent via WebCourses Concept Maps Must do 1 st 8 before doing Extra-Credit Maps Extra-credit Maps are worth 2.5 points each Contribute to a Dipity timeline:Dipity Accounting History Financial Accounting – In society Make one up on your own Take advantage of this, remember the Rate my Professor, you can pass this course even if you do poorly on the exams (D’s).

29. To Do... http://www.dipity.com/shornik/ACG-2021-To-Do/