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 102 videos, which means you get 997 minutes of accounting (lucky you)
- There are 79 practice problems right now, and I'm always adding more.
- Those problems & videos cover all 12 chapters of Acct 2300.
- 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 -
Current Assets
9:57 -
Non-Current Assets
10:25 -
Current Liabilities
6:24 -
Non-Current Liabilites
2:00 -
Contributed Capital
5:10 -
The Classified Balance Sheet
4:48 -
The Multistep Income Statement
12:44 -
Retained Earnings vs Shareholder's Equity
6:41 -
Ratios: Working Capital
2:29 -
Ratios: Current Ratio
4:00 -
Gross Profit vs Net Profit
6:15 -
Profit Margin
3:22 -
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 -
The Closing Process
10:37 -
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 -
Specific Identification
2:17 -
Weighted Average
4:21 -
FIFO and LIFO
20:17 -
Estimating with Gross Profit
7:23 -
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 -
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 -
What is Present Value
8:15 -
Simple vs Compound
14:41 -
PV of a Lump Sum
4:39 -
PV of a Lump Sum
6:09 -
Ordinary Annuity
7:16 -
Purchasing with an Annuity
4:31 -
Finding the Payment
6:07 -
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 -
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
The Accounting Equation
I stopped going to class after the second test and pretty much just watched your chapter videos.
— Ryan, Spring 2016
Chapter 2
The Balance Sheet
You are awesome, and I so wish I would have found you at the beginning of the semester
— Katie K., Spring 2016
Chapter 3
Transaction Analysis
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 4
Differences in Timing, Adjusting Entries, and the Closing Process
Your videos are the real deal. They have helped so much and I appreciate you.
— Clayton, Fall 2016
Chapter 5
All About Inventory
You saved me in accounting and I made an A!
— Liz, Fall 2016
Chapter 6
Cash, Cash Equivalents, and Bank Reconciliations
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 7
Accounts Receivable and Bad Debts
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 8
Long Term Assets and Depreciation
Thank you for saving my semester. You rock.
— Caitlin, Fall 2017
Chapter 9
Current Liabilities, Contingencies, and the Time Value of Money
I didn’t find your site until second half of the semester last spring and wish that I had used it all along!
— Hunt, Spring 2019
Chapter 10
Bonds, Bonds, and Bonds
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 11
Shareholder's Equity
Loved how you explained the lectures, especially things like PV & PVOA.
— Zach M., Fall 2019
Chapter 12
Cash Flows
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