1. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 1

2. 2

3. 3 Principles of Financial Accounting I Fall Semester Orientation

4. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 4 Teacher  Ray Gregg  “Mr. Gregg” or “Professor Gregg”  Dr. Gregg

5. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 5 Teacher  Ray Gregg  “Mr. Gregg” or “Professor Gregg”  Dr. Gregg  GC 3F10, School of Business (south end of Hall of Mirrors)  495-6561 (“6561”) (voice mail)  rgregg@oru.edu

6. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 6 Office Hours  Monday9:50  Tuesday10:50, 3:30  Wednesday1:30, 3:30  Thursday10:50  Friday3:30

7. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 7 Bookstore  Required:  7th edition of Weygandt, Keiso, Kimmel

8. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 8 Bookstore  Required:  7th edition of Weygandt, Keiso, Kimmel  Working Papers

9. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 9 Bookstore  Required:  7th edition of Weygandt, Keiso, Kimmel  Working Papers – Electronic Version

10. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 10 Working Papers  Compare and choose wisely!

11. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 11 Bookstore  Required:  7th edition of Weygandt, Keiso, Kimmel  Working Papers  Scantron Sheets (three) 3

12. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 12 Bookstore  Required:  7th edition of Weygandt, Keiso  Working Papers  Scantron Sheets (three)  Recommended:  General Ledger Software (GLS)

13. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 13 Bookstore  Required:  7th edition of Weygandt, Keiso  Working Papers  Scantron Sheets (three)  Recommended:  General Ledger Software (GLS)  “Study Guide”

14. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 14 Should Be Enrolled In One of Each Lecture Discussion Group Lab

15. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 15 Lecture  Meets once per week  GC 5114  8:50 or 1:30  Attend another to make up for one missed  Assign seats on Monday

16. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 16 Discussion Group  Meets twice per week in GC 3B16  7 sections scheduled TR or WF  Listed at back of room, on VISION, and on class web site  Attend another to make-up for one missed  Seats assigned in 1st group next week

17. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 17 Labs  Student assistants give individual help with homework  Meet 10 x per week in GC 3B16  Schedule in syllabus, at back of room, on VISION, and on class web site  Prefer you attend the time for which you are registered  May attend as many other times as you would like

18. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 18 Labs  Attendance taken on first 3 rows  No attendance on row 4  Attend another to make-up for one missed (no limit)  80% rule

19. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 19 Labs  no labs this week  no HW this week  first HW due in first discussion next week  labs begin meeting on Monday to help with HW

20. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 20 Dress Code  Faculty Retreat 8/10/07  Promised PRob I would enforce the dress code  Problem areas:  Shorts  Sweats  T-shirts  Facial Hair

21. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 21 Final Exam  Comprehensive  Given according to LECTURE time in lecture room  Consult published, standardized schedule

22. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 22

23. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 23 available on class web site

24. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 24 Attendance Policy  attendance required  no bonus points for perfect attendance  allowed FOUR total absences without penalty  see syllabus for penalty for excessive absences

25. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 25 Grading Procedures (from syllabus)  500 total points possible  will drop lowest 100 points*  everyone benefits!*  *exception for homework minimum  no make-up exams (exceptions)

26. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 26 500 Points Possible 2 hour exams =200 Comprehensive Final=200 HW and Pop Quizzes=100 Total Points Possible=500

27. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 27 500 Points Possible 2 hour exams =200 Comprehensive Final =200 Homework =50 Pop Quizzes=50100 Total Points Possible=500

28. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 28 Homework Minimum  must achieve 60 points (100 possible) for HW AND quizzes  5 quizzes = 50 possible  approx 5 HW problems to achieve minimum  if not met, nothing dropped; avg based on 500 points; hurts twice!

29. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 29 Homework  use pencil  possible marks on homework  check mark  n/c (no credit)  still n/c  I (less than 70% complete)  ok (late)  10 bonus points possible

30. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 30 Importance of HW  should be highest -- not lowest grade  help available in labs, from peers, and teachers  will help you  understand material in class,  perform better on quizzes and exams,  retain more

31. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 31 Homework 25 problems @ 2 each=50 pts

32. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 32 Homework 25 problems @ 2 each=50 pts 35 total assigned

33. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 33 Homework 25 problems @ 2 each=50 pts 10 problems @ 1 each=10 pts 35 total assigned

34. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 34 Homework 25 problems @ 2 each=50 pts 10 problems @ 1 each=10 pts 35 total assigned=60 pts

35. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 35 500 Points Possible 2 hour exams =200 Comprehensive Final =200 Homework =50 60 Pop Quizzes=50100 Total Points Possible=500

36. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 36 500 Points Possible 2 hour exams =200 Comprehensive Final =200 Homework =50 60 Pop Quizzes=50100 110 Total Points Possible=500

37. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 37 Importance of HW HW/Q Total Points 90s 80s 70s 60s <60

38. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 38 Final Grades

39. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 39 Homework is important!!

40. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 40 500 Points Possible 2 hour exams =200 Comprehensive Final =200 Homework =50 Pop Quizzes=50100 Total Points Possible=500

41. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 41 Pop Quizzes  unannounced  will have more than 5  looking for 5 best  will drop lowest in excess of 5  no make-ups

42. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 42 Using Technology  Expected to have an ORU e-mail address and check it on regular basis  Cell Phone Policy (laptops, too!)  General Ledger Software (GLS)  Class Web Page  “Broaden Your Perspective” Internet exercises from the textbook

43. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 43 School of Business Cell Phone Policy (handout) Regular Classes Cell phone usage of any type is prohibited in the classroom during class hours. All cell phones shall be stored out of sight and silenced/turned off. If a student fails to comply with this requirement, the professor may (at the professor’s discretion) dismiss the student from class and mark the student for an unexcused absence. Students may (prior to the beginning of class) request an exception to this policy if some type of extenuating circumstance exists that would reasonably justify the granting of an exception and a possible disruption of the class for taking an incoming call, text messaging, etc. Exam Classes Unless specifically pre-authorized by the professor, portable or handheld computer/calculator, cell phone, and all other media/multi-media device usage of any type is prohibited in the classroom during class examinations. All such devices shall be stored out of sight and silenced/turned off. If a student fails to comply with this requirement, the professor may (at the professor’s discretion) dismiss the student from class, mark the student for an unexcused absence, and/or penalize the student by deducting points on the exam. With regard to cell phone usage, students may (prior to the beginning of class) request an exception to this policy if some type of extenuating circumstance exists that would reasonably justify the granting of an exception and a possible disruption of the class for taking an incoming call, text messaging, etc. In this instance the cell phone should be left with the professor during the class, and if an incoming call is received the student will retrieve the phone from the professor to respond. Be responsible!

44. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 44 Laptops  Take notes  Make calculations  Solve problems  Learn  Working on other classes  Playing games  Surfing the net  IMing friends EncouragedDiscouraged Be responsible!

45. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 45 General Ledger Software  available in bookstore  may install on computer where you have access  data disk is the key!!!  may solve one problem per chapter

46. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 46 Class Web Page  expected info about class  syllabus, office hours, class schedule  other useful information  solutions to exercises  solutions to questions  solutions to quizzes  others have found material beneficial

47. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 47 Class Web Page http://oruaccounting.com

48. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 48

49. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 49 “Broadening Your Perspective”  BYP assignments at end of chapter  follow text instructions and find Internet site  type question(s) and response(s) in an e- mail message  send by 9 a.m. Monday of the following week  prinacct@oru.edu  10 bonus points

50. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 50 The Calendar  Be sure to understand what assignments are to be turned in when

51. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 51

52. © Copyright 2002 - 2007 by M. Ray Gregg. All rights reserved. 52 Have a great semester!