1. Welcome! Accounting 30S

2. Introduction Accounting is to provide decision makers with useful information to assist them in making business and economic decisions. Involves identifying, measuring, recording, interpreting, and communicating the results of business activities.

3. Why did you take this course? Hearsay Friends are taking it Career path Timetable reasons Needed a credit Interest (what interests you about it?)

4. Why Accounting? Applicable to every individual ◦ Everyone files taxes – you will be filing your families… ◦ Everyone should have a personal budget All companies require accounting services = always a demand for jobs Reasonably safe employment, can transition easily Compensation can be high Wide variety of positions ◦ Executive (CEO, CFO, VP Finance) ◦ General accounting ◦ Audit – Public practice or internal ◦ Tax, Cost

5. Show me the $$$ Small Company (0-100M )Large Company (100M+) CFO100-150 k VP Finance90-140 k Controller70-100 k Accounting50-80 k Manager General 30-60 k Supervisor 30-60 k Credit/AP/Payroll 130 k to $$$$$+ 110-200 k 90-150 k 70-90 k 35-65 k 45-75 k source Robert Half salary guide 2009

6. Your Interest in Accounting http://www.youtube.com/watch?v=v2CrY PJg-Eo&feature=related http://www.youtube.com/watch?v=v2CrY PJg-Eo&feature=related

7. Topics of Study Unit 1- A Balancing Act! Unit 2 - The Income Statement – In the Red or Black? Unit 3 - Journals & Ledgers – Keeping Track of it all! Unit 4.0: The Worksheet – Sharpen Your Mind! Unit 5: Cash Control – Who’s got the Money? Unit 6: Merchandising Business – Getting Down to Business. Unit 7: Payroll – A Dollar Earned. Unit 8: Income Tax – Make Sure you are Organized!

8. Assessment Strategy An important component of learning is the assessment and evaluation of student progress and achievement. Therefore a variety of strategies will be used to assess students and these will include some or all of the following: Practice assignments Teacher observation checklists Projects Quizzes and tests Self and peer assessment will be an integral part of this course.

9. Grade Breakdown Projects, quizzes and tests are 80% of the final grade. A final exam is held during exam week that is 20% of the final grade.

10. Tests and Projects If you are absent on the day of a test or on the due date of a major project, your absence needs to be excused prior to the beginning of class. The student or parent/guardian must phone the school prior to the test to provide a reason for the student`s absence. Students will not be allowed to write missed tests unless the reasons for the absence(s) are acceptable to school administration.

11. Deadlines Students are encouraged to hand in all assignments on time. Any students handing in assignments late will have to submit a late assignment form in order to submit assignments. IF A STUDENT IS ABSENT FROM CLASS, IT IS HIS/HER RESPONSIBILITY TO FIND OUT WHAT THEY MISSED AND HAND IN THE APPROPRIATE ASSIGNMENT FOR ASSESSMENT IN A TIMELY MANNER.

12. Plagiarism What is Plagiarism? Plagiarism is a serious offense and will be treated as such in my classroom. We will be discussing key ways to avoid plagiarism during the first few weeks of classes. If u are caught plagiarizing, you will receive a zero on the assignment. You will be referred to administration and you may face a suspension. Students will also receive a zero for inappropriate collaboration with a classmate. If a student copies another student`s piece of work, they will both receive a zero. This issue will be discussed further in class.

13. Other Points to Note! ARRIVE ON TIME AND PREPARED !! ◦ If you arrive late to class you are not to disrupt the class. Please knock on the door and you will be allowed to enter provided it does not disrupt the lesson. Should you miss some instruction, you will be required to find someone to fill you in on the material you missed. You will NOT be allowed entrance past the bell without the teacher admitting you. If you consistently show up late you will be asked to stay after school to meet with the teacher. As per school Policy 4, lates will be equal to 1 absence on a student’s attendance record. Students may be required to make up late classes.

14. ABSENCES – ◦ When you miss a class, you are responsible for finding out what you missed, either by talking with the teacher or a classmate, and catching up on any work before the next class.

15. ELECTRONIC EQUIPMENT http://www.youtube.com/watch?v=NZ5Zahh9akI&feature=related ◦ I love my phone. ◦ You love your phone. ◦ I very much enjoy listening to music. ◦ You very much enjoy listening to music. ◦ There are however appropriate times to use a phone and listen to music. ◦ Neither of those include when I am talking or teaching a lesson. ◦ They also do not include when one of your classmates are speaking to the group. ◦ Therefore it is imperative for you to ENSURE that you use your electronic devices responsibly. Don’t make me take them from you, and we all win.

16. HELP! http://www.youtube.com/watch?v=0ApstMKNEMI I am available if you need extra help; please see me sooner rather than later. My prep period is in slot 2 and 5 in the Business Ed. Office. CONTACT – You and your parents can email me if you have any concerns. My email address is wjones@pembinatrails.com. wjones@pembinatrails.com

17. Now let’s make our own accounting folder This will be a folder where you can save all of your accounting work for the year. Open your udrive Click “My documents” Create a new folder Name it “Accounting 30S” Paste into your documents All work in this folder will need to be named with your name and placed into the CORRECT slot number!!!!!!!

18. Pick up and Drop off time! To Pick up Work: Student R Shared Accounting 30S (slot 1) Jones OR Accounting 30S (slot 6) Jones Copy it and paste it into your own “accounting” folder in your Udrive under “my documents” so it is workable. To Drop off Work: Student R The folder of the grade you are in Jones Accounting Hand In (slot 1) OR (slot 6)