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
-
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 -
The Closing Process
10:37 -
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 -
COGS and Inventory
2:57 -
Net Sales
10:03 -
Perpetual vs Periodic
7:10 -
FOB Shipping?
8:51 -
Transportation In
8:41 -
COGS
6:18 -
Drawbacks to Periodic
6:07 -
Estimating with Gross Profit
7:23 -
The Multistep Income Statement
12:44 -
Specific Identification
2:17 -
Weighted Average
4:21 -
FIFO and LIFO
20:17 -
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 -
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 -
Interest Bearing Notes
8:26 -
Non-interest Bearing Notes
6:16 -
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 -
Retiring Bonds
9:54 -
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
Chapter 1
Debits, Credits, and the Accounting Equation
Loved how you explained the lectures, especially things like PV & PVOA.
— Zach M., Fall 2019
Chapter 2
Debit and Credit Procedures
You saved me in accounting and I made an A!
— Liz, Fall 2016
Chapter 3
Accrual Account and The Adjusting Process
Completely changed the way I understood Accounting. These videos got me through the class!
— Nathan, Spring 2016
Chapter 4
Closing Process and Classified Balance Sheet
Thank you for saving my semester. You rock.
— Caitlin, Fall 2017
Chapter 8
Cash and Bank Reconciliations
You definitely saved my grade in accounting, and you explained things very well.
— Nicholas C., Fall 2019
Chapter 5
Concepts of Inventory
Your videos have truly helped more than I could ever explain! They gave me such a good guideline for how to solve problems, and how you go through each problem step-by-step makes accounting seem so much easier.
— Caitlyn, Spring 2018
Chapter 6
Inventory Cost Flow Methods
Your videos are the real deal. They have helped so much and I appreciate you.
— Clayton, Fall 2016
Chapter 9
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 10
Long Term Assets and Depreciation
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
Bonds, Bonds, and Bonds
Your site really saved my GPA and increased my understanding of accounting substantially.
— Bailey, Fall 2016
Chapter 12
Shareholder's Equity
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