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.
    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 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.
    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 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.
    Your website led me to what will hopefully (final grades haven't been posted) be an A in accounting. I told everyone I know taking the class next semester to not waste their money on the tutoring services and to go to your site.
    — Monte, Spring 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.
    I learn ten times better off of videos like yours.
    — Giancarlo, Spring 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 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 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.
    As soon as I subscribed, my test grades went up at LEAST a letter grade. I only use your website and the book to study and I am about to take my final exam. I haven’t been able to come across video as helpful or as easy to follow as yours. It was beautifully simple and simply beautiful how you made it seem like a puzzle and that I should not be intimidated by financial accounting. Hopefully this final goes well, and I'm watching your videos right now to get a little review before hand.
    — Jeronimo, Summer 2018

    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.
    Thank you so much for the videos you put together. They are a tremendous help and I really appreciate all that you do!
    — Conner, Fall 2015

    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.
    I never went to class and I only used your website for my accounting class! I want to thank you for making all of those helpful videos.
    — Austin H., 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.
    These videos alone helped me get a B in accounting this semester. I didn't go to class at all. Thanks so much!
    — Natalia, Spring 2016