1. ACG 2021 Financial Accounting
Introduction
Syllabus Highlights 1

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

4. 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)
“AWESOME teacher! Does absolutely every single thing in his power to help you pass the class. I averaged about a 55 on all his tests and STILL got a C. Gives tons of extra credit, and helps you whenever you need it. (6/18/09)
“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)

5. Stuff to Keep Dr. Hornik Sane & Happy
Read your
I use both:
WebCourses - Primary
KnightsMail???
Read Discussion Boards and ONLY post within appropriate folder
Refrain from sharing opinions
Good or Bad
READ THE WIKI:
Syllabus
Course Schedule
Technology Page
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

6. 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
ASK FOR HELP!
At times the class is also a Sprint
Watch out for Exam 2, it comes very quickly after Exam 1

7. Syllabus Highlights http://webcourses.ucf.edu 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: Wednesday PM and Friday AM and by appointment
Would you like to be able to call me while I’m in SL? Let me know and I can enable that feature

8. Teaching Assistant & Other Assistants
Ling Huang
Office Hours:
Tuesday 2:00-4:00 & Wed. 12:00 - 4:00
Tim Lowe
Wed. 11:00-2:00 & Thursday 2:00-5:00
Terri Berry
Monday 6:00-8:00 PM & Saturday 3:00-7:00 PM & Sunday 2:00- 6:00 PM

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

10. 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
MyAccountingLab
Register for ACG2021 Fall Hornik
Course ID: XL0D-L Y-0DC2
Download Software:
Or use in Labs on UCF campus????
Cmap Tools
Or use in Labs on UCF campus

11. 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.
Link to Class-Video is available via WebCourses
No in-class Lectures
Lectures are available on-line:
Web-based
Via Webcourses or
Via page/screencasts/
Second Life
3 locations on Teaching 4
iPod or .wmv Video download
Via Webcourses

12. Grade Components Requirements Points Concept Maps (5 x 5) 25
MyAccountingLab (20 x 5)
100
Second Life (5 x 10) 50
Exam 1: chapter 1-3
125
Exam 2: chapter 4-5
Exam 3: chapter 6-7
Exam 4: chapter 8-9
Exam 5: Chapter 11-12
Total Points
675

13. Grading Scale Grade Minimum Points A 607 B+ 587 B 540 C+ 520 C 472 D
405 F
< 405

14. Exams There are 5 Exams – Drop the Lowest Score Via WebCourses
You MUST log into via WebCourses (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
There are 5 Exams – Drop the Lowest Score

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

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

17. 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!

18. Steps for using Second Life
Second Life Getting Started (link on Wiki)
Join Second Life
Pick Avatar Name / Shape
Download Viewer
Find our Class Land
Teaching 4 (59,162,22)
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

19. 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

20. 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

21. 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: Second Life registration board

22. Cmap Concept Map Tool Steps to use Cmap: Download Cmap
Watch the How-To Videos
Do Cmap#1 due 09/03/09

23. 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)

24. 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

25. 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 the Wiki

26. 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 (2)
Next n students to Tweet the correct answer will get less points (1)
Other vehicles – Research opportunities
Paper
Concept Maps
Must do 1st 5 before doing Extra-Credit Maps
Extra-credit Maps are worth 2.5 points each
Take advantage of this, remember the Rate my Professor, you can pass this course even if you do poorly on the exams (D’s).

27. To Do... By Wednesday August 26th, Read Syllabus
Watch Chapter 1 Lectures
Cmap #1, Due 09/03
Problem 1-50 and 1-56, Due 09/10
Cmap#2, Due 01/27
Second Life Assignment#1, Due 09/10
Work on End of Chapter Exercises
See Class Schedule
Get Accounts and Download Software