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. There are 5 practice problems in this chapter.
    This website was amazing. I was SO lost in lecture but these videos really helped me piece everything together. I tried outside tutoring but it didn't work. THIS is what you need to ensure you are understanding ALL material.
    — Valeria, Fall 2019

    Chapter 2
    Debit and Credit Procedures

  9. T-Accounts

    3:15

  10. Debits and Credits

    6:49

  11. Determining Normal Balances For Assets & Liabilities

    10:04

  12. Determining Normal Balance for Shareholder's Equity

    11:53

  13. Normal Balance Shortcut: Double Entry

    11:51

  14. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  15. The Journal, Ledger, Trial Balance

    14:00
    16. There are 9 practice problems in this chapter.
    Your site is the reason I did so well in accounting! I wish I had something like that for my economics classes! Good work!
    — Katie C., Spring 2016

    Chapter 3
    Accrual Account and The Adjusting Process

  16. Cash vs. Accrual Accounting

    7:21

  17. Expense Recognition

    8:07

  18. Accruals and Deferrals

    15:07

  19. What is an Adjusting Entry?

    4:11

  20. Adjusting Entry: Supplies

    1:54

  21. Adjusting Entry: Wages

    4:52

  22. Adjusting Entry: Unearned Revenue

    2:11

  23. Adjusting Entry: Interest

    2:03

  24. Contra-accounts

    4:40

  25. Depreciation

    7:10
    26. There are 15 practice problems in this chapter.
    I could not have finished this course without your help. I really appreciate how concise you are with your words and how you take the time to create clear visuals when explaining concepts.
    — Emma, Fall 2016

    Chapter 4
    Closing Process and Classified Balance Sheet

  26. Current Assets

    9:57

  27. Non-Current Assets

    10:25

  28. Current Liabilities

    6:24

  29. Non-Current Liabilites

    2:00

  30. The Classified Balance Sheet

    4:48

  31. The Closing Process

    10:37
    32. There are 5 practice problems in this chapter.
    It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 8
    Cash and Bank Reconciliations

  32. Cash and Cash Equivalents

    7:52

  33. Bank Reconciliations: What and Why

    9:38

  34. Bank Reconciliations: How

    20:57

  35. Debit and Credit Memos

    5:21

  36. Fixing Mistakes in Bank Recs

    8:32
    37. There are 2 practice problems in this chapter.
    Absolutely love your site. I found it super useful as a review during test weeks, and I can confidently say it helped me achieve an A in the course.
    — Jared H., Fall 2019

    Chapter 5
    Concepts of Inventory

  37. COGS and Inventory

    2:57

  38. Net Sales

    10:03

  39. Perpetual vs Periodic

    7:10

  40. FOB Shipping?

    8:51

  41. Transportation In

    8:41

  42. COGS

    6:18

  43. Drawbacks to Periodic

    6:07

  44. Estimating with Gross Profit

    7:23

  45. The Multistep Income Statement

    12:44
    46. There are 8 practice problems in this chapter.
    I slacked a bit this unit, didn’t read the book, just went to lectures and took notes, and did the required quizzes. I ended up having to cram over the last two days before the test and your site has been tremendously helpful with that.
    — Oakley, Fall 2017

    Chapter 6
    Inventory Cost Flow Methods

  46. Specific Identification

    2:17

  47. Weighted Average

    4:21

  48. FIFO and LIFO

    20:17
    49. There are 1 practice problems in this chapter.
    You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 9
    Accounts Receivable and Bad Debts

  49. A/R and Bad Debts Introduction

    7:09

  50. Direct Method

    4:15

  51. The Allowance Method

    8:56

  52. Income Statement vs Balance Sheet Methods

    13:14

  53. Net Credit Sales

    5:20

  54. Write Offs and Reinstatements

    8:26

  55. Notes Receivable

    11:27
    56. There are 4 practice problems in this chapter.
    Your videos literally saved me. I ended up with a B, but let me tell you I was destined for a D before I discovered your website!
    — Mikey, Fall 2018

    Chapter 10
    Long Term Assets and Depreciation

  56. Acquisition Cost of Assets

    13:23

  57. Lump Sum Purchases

    6:01

  58. What is Depreciation?

    11:23

  59. Straight Line Depreciation

    4:33

  60. Double Declining Balance

    13:58

  61. Units of Production

    3:43

  62. Partial Year Depreciation

    5:50

  63. Capital vs. Revenue Expenditures

    10:42
    64. There are 5 practice problems in this chapter.
    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 11
    Bonds, Bonds, and Bonds

  64. Interest Bearing Notes

    8:26

  65. Non-interest Bearing Notes

    6:16

  66. Contingencies

    5:58

  67. Intro to Bonds

    10:04

  68. Discounts and Premiums

    7:34

  69. Selling at a Discount

    7:15

  70. Selling for a Premium

    8:11

  71. Amortization

    21:42

  72. Borrowing Cost

    6:33

  73. Interacting with Market Rates

    5:30

  74. Retiring Bonds

    9:54
    75. There are 8 practice problems in this chapter.
    I was crying outside the classroom about my grade and a stranger walked up and told me to watch these videos.
    — Anonymous, Fall 2018

    Chapter 12
    Shareholder's Equity

  75. Shareholder's Equity

    5:12

  76. Stock Classifications

    4:19

  77. Issuance of Stock

    6:37

  78. Treasury Stock

    11:11

  79. Cash Dividends

    9:58

  80. The Effect of Cash Dividends

    6:08

  81. Stock Dividends

    13:48
    82. There are 6 practice problems in this chapter.
    Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016