Welcome toOnline 101A Financial Accounting

Paul R. St. John, CPA – Fullerton CollegeOrientation for Online Summer 2013June 13, 2013

Professor St. John’s Background• 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 13 years teaching here at Fullerton College full time 2

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Audited these diverse areas …• 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

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Let’s Look at the Syllabus• 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, discussion, group, other activities, and final exam.

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New for Summer 2013, follow me on Twitter for news and homework hints: @FCProfStJohn

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Wiley Plus through Bb• In Class Practice due 11 pm Wednesdays & Sundays

• Due only 3-4 days after the start of chapter• 5 attempts

• Homework due 11 pm Wednesdays & Sundays• Due 7 days after the start of the chapter• See detail schedule in syllabus• These deadlines are also in Bb/WileyPlus• Algorithmic – everyone has different #’s• 150 points possible• 5 attempts per exercise or part

• Chapter Test due 11 pm Wednesdays & Sundays• 25 pooled multiple choice questions• Questions linked to etext• Two attempts and not timed• 100 points per chapter

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101A

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ICP,

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Bb LoginPage with Instructions

It may take up to 24 hours for your name to show up in my class after you register

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101A

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Bb Home Page

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Home Page: My Calendar and To Do are not supported in this

course, but were left in for those who might want them.

Home Page:

Announcements

Tasks – You manually

update the status of your

tasks

Note the left menu bar:

Home PageContent / Assignments

DiscussionsGroups

Tools / emailSyllabus

Bb Content/Assignments Page

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Chapters are revealed 3 to 4 days before their start date

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Chapter 1•eText Reading•Discussion Forum 25 pts.•Lecture PPT 1 of 2•In Class Practice (ICP) 50 pts.•Lecture PPT 2 of 2•Homework 150 pts.•Test 100 pts.•Various PowerPoints (PPT) explaining ICPs or Homework

ICP: BE1-9 Accounting Equation

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The formula: Assets = Liabilities + Stockholders’ EquityOn the next slide I show how the chapter PPT can help you with

the ICP

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How to have Lecture PPT window open

while working on In Class Practice (ICP)

BE1-9

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• Select: Slide Show• Set Up Slide Show• Browsed by an

individual (window)• OK

95%

5 % of the course will be from other published sources and my work

experience.95% of the tests will be on material

covered.

Discussion Forums set up by chapter – your new question thread should have a specific subject for example “P4-1A part b” and should be in the Ch04 Discussion Forum

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Go to DiscussionsIntroduce YourselfFor 25 extra credit points

Time Commitment – 16 week 101A Financial Accounting

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Per Week In Class Outside Class Total TimeTraditional 5.5 11 16.5

Online 0 16.5 16.5

Hybrid 2.8 13.7 16.5

Hours per Week15+ 14-12 12-10 9 or less

Time Commitment – 8 weeks 101A Financial Accounting

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Per Week In Class Outside Class Total TimeTraditional 5.5 11 16.5

Online 0 16.5 16.5

Hybrid 2.8 13.7 16.5

Double Time Summer - Hours per Week30+ 28-24 24-20 19 or less

What’s in the News?A daily feature in the traditional class… this one is from April, 2011• Last-Minute Deal Averts Federal Shutdown

• Fiscal 2011 limited to $1.049 trillion discretionary• Discretionary budget doesn’t include entitlements

• Medicare• Social Security• Government Pensions

• Only $39 billion cut from 2011 budget• But $79 billion cut from Obama’s request

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US Capitol Dome - photo by St.John

Current Event Presentation• Select a current event topic• Prepare a 3-4 minute PowerPoint

• The PowerPoint is only your outline – don’t just read• Tie to financial accounting – limit the details• Tell a story, let us know the background, and what the

status is today• Photos a must • Professional business attire if given in traditional class• Site at least 3 sources

• 200 points• PPT may be edited and reused by professor with

byline• Online presentations should have audio attached 23

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Course SLOs in Brief• 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

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Let’s Recap• Get into Bb/WileyPlus

even before your text Register WileyPlus in Bb only

• Read the etext and get started on the ICP

• Introduce Yourself• Get started on the

homework & test• Go to the chapter 1

discussion forum and participate

• Follow me on Twitter• Add three examples of

activities in the Group Discussion page

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If you can’t put in the work to get through this ride, then do the right thing and give someone else your seat.