Hey, check it out, this is the first video of Chapter 1: The Accounting Equation. It's thrilling. You're going to love it!
Hello there, I'm Aaron. I designed and coded this site, recorded all these videos, and wrote all the practice problems. I got my Undergrad and Master's in Accounting and then went on to get my CPA License (exciting, right?). I worked at Ernst and Young for about a year but never really loved it, so I quit and became a programmer. I do love accounting though, and I love teaching it, which is why I made this site. Please feel free to reach out to me if you ever have any questions!
A couple of bits of info about the site:
- I've recorded 90 videos, which means you get 904 minutes of accounting (lucky you)
- There are 76 practice problems right now, and I'm always adding more.
- Those problems & videos cover all 11 chapters of Acct 2331.
- You can email me anytime at [email protected].
The Whole Class All of the Videos
-
The Accounting Equation
3:02 -
Assets vs Liabilities
5:32 -
Shareholder's Equity
5:26 -
The Balance Sheet
5:52 -
The Statement of Retained Earnings
5:51 -
The Income Statement
6:19 -
The Statement of Cash Flows
6:02 -
How the Statements Work Together
9:02 -
T-Accounts
3:15 -
Debits and Credits
6:49 -
Determining Normal Balances For Assets & Liabilities
10:04 -
Determining Normal Balance for Shareholder's Equity
11:53 -
Normal Balance Shortcut: Double Entry
11:51 -
Normal Balance Shortcut: DEAD Mnemonic
2:36 -
The Journal, Ledger, Trial Balance
14:00 -
Cash vs. Accrual Accounting
7:21 -
Expense Recognition
8:07 -
Accruals and Deferrals
15:07 -
What is an Adjusting Entry?
4:11 -
Adjusting Entry: Supplies
1:54 -
Adjusting Entry: Wages
4:52 -
Adjusting Entry: Unearned Revenue
2:11 -
Adjusting Entry: Interest
2:03 -
Contra-accounts
4:40 -
Depreciation
7:10 -
Current Assets
9:57 -
Non-Current Assets
10:25 -
Current Liabilities
6:24 -
Non-Current Liabilites
2:00 -
The Classified Balance Sheet
4:48 -
Contributed Capital
5:10 -
Retained Earnings vs Shareholder's Equity
6:41 -
The Multistep Income Statement
12:44 -
The Closing Process
10:37 -
Ratios: Working Capital
2:29 -
Ratios: Current Ratio
4:00 -
Cash and Cash Equivalents
7:52 -
Bank Reconciliations: What and Why
9:38 -
Bank Reconciliations: How
20:57 -
Debit and Credit Memos
5:21 -
Fixing Mistakes in Bank Recs
8:32 -
Net Sales
10:03 -
A/R and Bad Debts Introduction
7:09 -
Direct Method
4:15 -
The Allowance Method
8:56 -
Income Statement vs Balance Sheet Methods
13:14 -
Net Credit Sales
5:20 -
Write Offs and Reinstatements
8:26 -
Notes Receivable
11:27 -
COGS and Inventory
2:57 -
Perpetual vs Periodic
7:10 -
FOB Shipping?
8:51 -
Transportation In
8:41 -
COGS
6:18 -
Specific Identification
2:17 -
Weighted Average
4:21 -
FIFO and LIFO
20:17 -
Gross Profit vs Net Profit
6:15 -
Estimating with Gross Profit
7:23 -
Acquisition Cost of Assets
13:23 -
Lump Sum Purchases
6:01 -
What is Depreciation?
11:23 -
Straight Line Depreciation
4:33 -
Double Declining Balance
13:58 -
Units of Production
3:43 -
Partial Year Depreciation
5:50 -
Capital vs. Revenue Expenditures
10:42 -
Contingencies
5:58 -
Intro to Bonds
10:04 -
Discounts and Premiums
7:34 -
Selling at a Discount
7:15 -
Selling for a Premium
8:11 -
Amortization
21:42 -
Borrowing Cost
6:33 -
Interacting with Market Rates
5:30 -
Shareholder's Equity
5:12 -
Stock Classifications
4:19 -
Issuance of Stock
6:37 -
Treasury Stock
11:11 -
Cash Dividends
9:58 -
The Effect of Cash Dividends
6:08 -
Stock Dividends
13:48 -
Cash Flow Overview
6:02 -
Operating Cash Flows
18:41 -
Indirect Method
14:26 -
Investing Cash Flows
5:14 -
Financing Cash Flows
3:17 -
Depreciation in Cash Flows
5:50 -
PPE for Cash Flows
2:39 -
Bringing it All Together
13:57
Chapter 1
Introduction to Financial Accounting
I stopped going to class after the second test and pretty much just watched your chapter videos.
— Ryan, Spring 2016
Chapter 2
Debits, Credits, T-Accounts, and Journal Entries
Your site was a great crash course for procrastinators like me, and watching your videos at 2x speed along with my lectures was enough to do well on the exam.
— Nathan, Fall 2019
Chapter 3
Revenue and Expense Recognition, Adjusting and Closing Entries, the Classified Balance Sheet, and the Multistep Income Statement
The videos were clear and easy to understand and the breakdown into short simple videos was nice. That way you weren't having to watch an hour long lecture when all you needed was 5 minutes of information.
— Kyle, Spring 2016
Chapter 4
Cash, Cash Equivalents, and Bank Reconciliations
I stopped going to class when I found out about your website. You offered a clearer way of communicating accounting and I appreciate that.
— Colton, Fall 2018
Chapter 5
Accounts Receivable and Bad Debts
So far, your content is looking to be fantastic for strengthening my understanding of accounting concepts. Your video of perpetual and periodic inventory was very helpful.
— Eric, Fall 2017
Chapter 6
All About Inventory
Loved how you explained the lectures, especially things like PV & PVOA.
— Zach M., Fall 2019
Chapter 7
Long Term Assets
Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
— Blaze T., Fall 2019
Chapter 8
Liabilities
Thank you so much for your website and for the time and effort that you put into it. It has been a huge help.
— Josh, Spring 2018
Chapter 9
Bonds, Bonds, Bonds
I can learn a lot from your videos and they are easy to understand. I have a better understanding after watching your videos which also helped me get a better result for my previous semester.
— Olivia, Fall 2017
Chapter 10
Stockholder's Equity
I cannot even tell you how helpful your videos were to me when learning this material. I just got my grade back on my first test and I got an A. I don't think my grade would have been that high without your videos.
— Sean, Fall 2015
Chapter 11
Cash Flows
I wanna say thank you very much for doing the videos. I just got my grade and I made an A in accounting, and I must say I owe it to you and your videos.
— Daniel, Spring 2016