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Welcome to ACCT 20100

Welcome to ACCT 20100. Dr. Michael Meyer Department of Accountancy Mendoza College of Business University of Notre Dame. Who am I?. Dr. Michael Meyer Washington, DC 1988 Notre Dame Grad (BBA Accountancy) CPA Firm: BDO Seidman (3 years) Sole Practitioner

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Welcome to ACCT 20100

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  1. Welcome to ACCT 20100 Dr. Michael Meyer Department of Accountancy Mendoza College of Business University of Notre Dame

  2. Who am I? • Dr. Michael Meyer • Washington, DC • 1988 Notre Dame Grad (BBA Accountancy) • CPA Firm: BDO Seidman (3 years) • Sole Practitioner • Masters of Accountancy: Virginia Tech • Doctorate in Accountancy: Mississippi State

  3. Where Did I Come From? • Spent 7 years teaching in the New Orleans Area (University of New Orleans) • Spent last 5 years teaching at Ohio University (coordinator of principles of accounting course) • Living the DREAM!

  4. Who is along life’s journey? • Wife – Teresa (1988 ND Grad – CHEG and 4 year starter on women’s soccer team)

  5. Why will my phone end up in the toilet? • Lily and Addison (twins age 4) • Kelsey (age 2)

  6. What is the best thing about ND?

  7. Why study Accountancy? • Why study anything? • If not to serve, then why? • What does an accountant do? • Ensure our capital markets function (independent auditors) • Ensure companies are running efficiently and effectively (internal auditors) • Fight terrorism (CIA, FBI) • Forensic investigations (FBI, state and local law enforcement, as well as identifying fraud within a company) • Ensure our government is not wasting our money (Federal and State auditors) • Prepare corporate financial disclosures (controller) • Compliance work (taxes) STUDENT SERVICE OPPORTUNITY • Letterman Top Ten

  8. What is Great about Accountancy at ND? • Mendoza College of Business #1 • Department of Accountancy #1 (Business Week) • Public Accounting Report #4

  9. What do we teach in ACCT 20100? • We teach the basic language of business • What is the challenge? • Have you ever gone to a foreign country where English is not the local language?

  10. Don’t forget: You can copy-paste this slide into other presentations, and move or resize the poll.

  11. Know the rules, Learn the Game • Know anything about Cricket? • Without a foundation in the rules of accounting, you cannot understand WHAT businesses do or WHY they do it. • REGARDLESS OF WHAT YOU SPECIALIZE IN • FINANCE • MARKETING • MANAGEMENT • WHATEVER • REGARDLESS OF YOUR SPECIALTY, accounting will impact your career. -As your career progresses you will be subject to a budget and responsible for creating a budget. -You will need to know the financial impact of your decisions.

  12. Details of this course • Office Location: MCOB 220 • Office Phone: 631-4536 • Cell Phone: 740-590-9909 (please no calls after 10pm) • Office Hours: • MWF: Lunch @ South Dining Hall (12:45-1:30) • TTh: 9am – 11am. • By appointment

  13. Details of the Course • Grading:

  14. Rules • Attendance & Participation: The course is organized around three 50-minute sessions per week. The instructors expect active student involvement in the learning process. Attendance will be part of the final grade (see Instructor Points) • Cellular Devices: Cellular phones must be set to “off” or “silent” during examinations and class. Text messaging during class is not permitted (except to respond in-class surveys). Laptops are not to be used during class. Your Instructor may confiscate your cell phone is you fail to follow these instructions. These devices must not be used as calculators or clocks and must be out of sight during exams. • Group Assignments: Groups of students will be organized by the instructor on the first day of class. Projects will be distributed in class; due dates are listed in the Syllabus. Honor code requirements: each group is to work independently of all other groups. • Late Work: Work submitted to the instructor after the due date without official Notre Dame Approval will NOT BE ACCEPTED. Homework problems must be turned in at the beginning of class. If you are late, your homework will not be accepted. Technological problems are not an excuse for late work. Expect technology to fail and prepare for that possibility. • Peer Evaluations:The instructors will announce their policy regarding peer evaluations of group work.

  15. More Rules • Exams: Common exams will be given. The instructors evaluate their sections’ exams. It is course policy that students must document sufficient official Notre Dame Approval before taking an exam at an alternative time for full credit. If a student arrives late to an exam and is unable to finish by the exam’s conclusion, the student may be allowed additional time at the instructor’s discretion. Work completed after the exam’s conclusion will be assessed a 20% penalty. If a student misses an entire exam without the aforementioned approval, the instructor will use his or her discretion to decide whether or not to give the exam at a later time on the exam date. In this case, there will be an automatic penalty of 20% of total exam points.

  16. Instructor Points • Attendance: Total of 30 points available. • You will receive 30 points if you miss 3 or fewer classes (unexcused absences). If you miss more than 3 classes you will receive zero of these points. Attendance will be taken every day based on your seating assignment. • Homework: Total of 30 points available • Homework will be collected almost every day. A total of 35 homework assignments will be collected. You may miss up to 5 assignments and still get the full 30 points (you will not receive more than 30 points if you do more than 30 assignments). • Excel Assignments: Total of 25 points available • You will be required to complete FIVE Excel assignments. These assignments are created by your instructor and will be available on-line at ACCT20100.com. The assignments and templates for these assignments will be available at this website. These are individual assignments. • Assessment Pre-test and Post-test: Total of 15 points available • You will be required to take an on-line assessment during the first week of class and a second the last week of class. To receive the 15 points, you must complete both the pre-test and post-test.

  17. ACCT20100.com • This website has been designed by me and my wife • Allows for Excel assignment templates to be individualized. • www.acct20100.com

  18. Honor Code “As a member of the Notre Dame community, I will not participate in or tolerate academic dishonesty”. • Consequences for Honor Code violations are severe – DO NOT DO IT!

  19. Groups • Get Contact Information for each group member – you are stuck with each other for the next 15 weeks. • Decide what business you are going to start. • Company name • Company business • To Be Turned in: Fill out Group Sheet.

  20. See you Friday • Start into Chapter 1 • BRING YOUR BOOKS • You are expected to have read the books and done the work before coming to class. • Believe in Yourself and Anything is possible!

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