acct2001 at LSU
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 81 videos, which means you get 824 minutes of accounting (lucky you)
  • There are 68 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acct 2001.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Debits, Credits, and the Accounting Equation

  1. The Accounting Equation

    3:02
  2. Assets vs Liabilities

    5:32
  3. Shareholder's Equity

    5:26
  4. The Balance Sheet

    5:52
  5. The Statement of Retained Earnings

    5:51
  6. The Income Statement

    6:19
  7. The Statement of Cash Flows

    6:02
  8. How the Statements Work Together

    9:02
  9. You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 2
    Debit and Credit Procedures

  10. T-Accounts

    3:15
  11. Debits and Credits

    6:49
  12. Determining Normal Balances For Assets & Liabilities

    10:04
  13. Determining Normal Balance for Shareholder's Equity

    11:53
  14. Normal Balance Shortcut: Double Entry

    11:51
  15. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  16. The Journal, Ledger, Trial Balance

    14:00
  17. I would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 2019

    Chapter 3
    Accrual Account and The Adjusting Process

  18. Cash vs. Accrual Accounting

    7:21
  19. Expense Recognition

    8:07
  20. Accruals and Deferrals

    15:07
  21. What is an Adjusting Entry?

    4:11
  22. Adjusting Entry: Supplies

    1:54
  23. Adjusting Entry: Wages

    4:52
  24. Adjusting Entry: Unearned Revenue

    2:11
  25. Adjusting Entry: Interest

    2:03
  26. Contra-accounts

    4:40
  27. Depreciation

    7:10
  28. Your website is so awesome!! Seriously you give a fresh perspective on all the topics talked about in class and the vocabulary you use is very easy to understand. The way you teach almost makes the material feel very easy to comprehend.
    — Kyle F., Fall 2019

    Chapter 4
    Closing Process and Classified Balance Sheet

  29. Current Assets

    9:57
  30. Non-Current Assets

    10:25
  31. Current Liabilities

    6:24
  32. Non-Current Liabilites

    2:00
  33. The Classified Balance Sheet

    4:48
  34. The Closing Process

    10:37
  35. 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 8
    Cash and Bank Reconciliations

  36. Cash and Cash Equivalents

    7:52
  37. Bank Reconciliations: What and Why

    9:38
  38. Bank Reconciliations: How

    20:57
  39. Debit and Credit Memos

    5:21
  40. Fixing Mistakes in Bank Recs

    8:32
  41. I’ll be happy to spread the word about your site. There’s no way I could have any clue what is going on in this class without it.
    — Brandon, Spring 2019

    Chapter 5
    Concepts of Inventory

  42. COGS and Inventory

    2:57
  43. Net Sales

    10:03
  44. Perpetual vs Periodic

    7:10
  45. FOB Shipping?

    8:51
  46. Transportation In

    8:41
  47. COGS

    6:18
  48. Drawbacks to Periodic

    6:07
  49. Estimating with Gross Profit

    7:23
  50. The Multistep Income Statement

    12:44
  51. I seriously can't put into words how grateful I am to have found your videos for Financial Accounting last semester. If it wasn't for your website I could not have passed that class, my professor was awful and you taught it in such a clear and understandable way!
    — Monear, Spring 2019

    Chapter 6
    Inventory Cost Flow Methods

  52. Specific Identification

    2:17
  53. Weighted Average

    4:21
  54. FIFO and LIFO

    20:17
  55. 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 9
    Accounts Receivable and Bad Debts

  56. A/R and Bad Debts Introduction

    7:09
  57. Direct Method

    4:15
  58. The Allowance Method

    8:56
  59. Income Statement vs Balance Sheet Methods

    13:14
  60. Net Credit Sales

    5:20
  61. Write Offs and Reinstatements

    8:26
  62. Notes Receivable

    11:27
  63. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Chapter 10
    Long Term Assets and Depreciation

  64. Acquisition Cost of Assets

    13:23
  65. Lump Sum Purchases

    6:01
  66. What is Depreciation?

    11:23
  67. Straight Line Depreciation

    4:33
  68. Double Declining Balance

    13:58
  69. Units of Production

    3:43
  70. Partial Year Depreciation

    5:50
  71. Capital vs. Revenue Expenditures

    10:42
  72. I just wanted to say thank you for all of the time you have put into this website! All of the videos and practice really helped me improve my accounting grade.
    — Sarah M., Fall 2019

    Chapter 11
    Bonds, Bonds, and Bonds

  73. Interest Bearing Notes

    8:26
  74. Non-interest Bearing Notes

    6:16
  75. Contingencies

    5:58
  76. Intro to Bonds

    10:04
  77. Discounts and Premiums

    7:34
  78. Selling at a Discount

    7:15
  79. Selling for a Premium

    8:11
  80. Amortization

    21:42
  81. Borrowing Cost

    6:33
  82. Interacting with Market Rates

    5:30
  83. Retiring Bonds

    9:54
  84. Your site really saved my GPA and increased my understanding of accounting substantially.
    — Bailey, Fall 2016

    Chapter 12
    Shareholder's Equity

  85. Shareholder's Equity

    5:12
  86. Stock Classifications

    4:19
  87. Issuance of Stock

    6:37
  88. Treasury Stock

    11:11
  89. Cash Dividends

    9:58
  90. The Effect of Cash Dividends

    6:08
  91. Stock Dividends

    13:48
  92. Your site was the reason I got an A. This was the most helpful website, and your videos were extremely clear. I am so thankful it was recommended to me and I recommend it to anyone who really wants to understand and do well in the course.
    — Kaitlyn C., Fall 2019