acg2021 at Florida International University

Online, On-demand Acg 2021 Exam Review

Looking for an exam review for Acg 2021? You're in luck, I made videos covering that whole class! And you just found them.

My name is Aaron and I made this site, recorded 98 videos, and wrote 78 practice problems for Acg 2021. You can watch them any time, anywhere. Including right now... without having to leave your house.

I've helped hundreds of students learn financial accounting.

The reason that people love my videos so much is because I explain accounting in a way that actually makes sense. I hear that over and over from my students. Let me help you understand accounting.

Don't take my word for it What Some of My Former Students Have Said

Completely changed the way I understood Accounting. These videos got me through the class! Nathan, Spring 2016
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

(Please go to class.)

Thanks for making this site, it came in clutch for every exam. Lane, Spring 2016

Need something specific? You can just shoot me an email at [email protected]. It's totally common for me to walk people through concepts over the phone, too. Since this is the internet, I'm not going to put my cell phone on this page, but shoot me an email and we can chat.

It's possible I have office hours coming up too, so check out that page here: acg2021fiu.com/office-hours.

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Check out 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. Current Assets

    9:57

  10. Non-Current Assets

    10:25

  11. Current Liabilities

    6:24

  12. Non-Current Liabilites

    2:00

  13. Contributed Capital

    5:10

  14. The Classified Balance Sheet

    4:48

  15. The Multistep Income Statement

    12:44

  16. Retained Earnings vs Shareholder's Equity

    6:41
    17. There are 10 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 2
    Transaction Analysis

  17. T-Accounts

    3:15

  18. Debits and Credits

    6:49

  19. Determining Normal Balances For Assets & Liabilities

    10:04

  20. Determining Normal Balance for Shareholder's Equity

    11:53

  21. Normal Balance Shortcut: Double Entry

    11:51

  22. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  23. The Journal, Ledger, Trial Balance

    14:00
    24. There are 9 practice problems in this chapter.
    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

    Chapter 3
    Differences in Timing, Adjusting Entries, and the Closing Process

  24. Cash vs. Accrual Accounting

    7:21

  25. Expense Recognition

    8:07

  26. Accruals and Deferrals

    15:07

  27. What is an Adjusting Entry?

    4:11

  28. Adjusting Entry: Supplies

    1:54

  29. Adjusting Entry: Wages

    4:52

  30. Adjusting Entry: Unearned Revenue

    2:11

  31. Adjusting Entry: Interest

    2:03

  32. Contra-accounts

    4:40

  33. Depreciation

    7:10

  34. The Closing Process

    10:37
    35. There are 18 practice problems in this chapter.
    I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    Chapter 4
    Cash and Bank Reconciliations

  35. Cash and Cash Equivalents

    7:52

  36. Bank Reconciliations: What and Why

    9:38

  37. Bank Reconciliations: How

    20:57

  38. Debit and Credit Memos

    5:21

  39. Fixing Mistakes in Bank Recs

    8:32
    40. There are 2 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 5
    Short Term Investments and Receivables

  40. A/R and Bad Debts Introduction

    7:09

  41. Direct Method

    4:15

  42. The Allowance Method

    8:56

  43. Income Statement vs Balance Sheet Methods

    13:14

  44. Net Credit Sales

    5:20

  45. Write Offs and Reinstatements

    8:26

  46. Notes Receivable

    11:27
    47. There are 4 practice problems in this chapter.
    I wanna say thank you very much for doing the videos. I just got my grade and I made an A in accounting, and I must say I owe it to you and your videos.
    — Daniel, Spring 2016

    Chapter 6
    All About Inventory

  47. COGS and Inventory

    2:57

  48. Net Sales

    10:03

  49. Perpetual vs Periodic

    7:10

  50. FOB Shipping?

    8:51

  51. Transportation In

    8:41

  52. COGS

    6:18

  53. Drawbacks to Periodic

    6:07

  54. Specific Identification

    2:17

  55. Weighted Average

    4:21

  56. FIFO and LIFO

    20:17

  57. Estimating with Gross Profit

    7:23
    58. There are 8 practice problems in this chapter.
    Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017

    Chapter 7
    Plant Assets and Intangibles

  58. Acquisition Cost of Assets

    13:23

  59. Lump Sum Purchases

    6:01

  60. What is Depreciation?

    11:23

  61. Straight Line Depreciation

    4:33

  62. Double Declining Balance

    13:58

  63. Units of Production

    3:43

  64. Partial Year Depreciation

    5:50

  65. Capital vs. Revenue Expenditures

    10:42
    66. There are 5 practice problems in this chapter.
    I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 8
    Current Liabilities, Contingencies, and the Time Value of Money

  66. Interest Bearing Notes

    8:26

  67. Non-interest Bearing Notes

    6:16

  68. Contingencies

    5:58

  69. What is Present Value

    8:15

  70. Simple vs Compound

    14:41

  71. PV of a Lump Sum

    4:39

  72. PV of a Lump Sum

    6:09

  73. Ordinary Annuity

    7:16

  74. Purchasing with an Annuity

    4:31

  75. Finding the Payment

    6:07
    76. There are 4 practice problems in this chapter.
    I can learn a lot from your videos and they are easy to understand. I have a better understanding after watching your videos which also helped me get a better result for my previous semester.
    — Olivia, Fall 2017

    Chapter 9
    Stockholder's Equity

  76. Shareholder's Equity

    5:12

  77. Stock Classifications

    4:19

  78. Issuance of Stock

    6:37

  79. Treasury Stock

    11:11

  80. Cash Dividends

    9:58

  81. The Effect of Cash Dividends

    6:08

  82. Stock Dividends

    13:48
    83. There are 6 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 10
    Bonds, Bonds, and Bonds

  83. Intro to Bonds

    10:04

  84. Discounts and Premiums

    7:34

  85. Selling at a Discount

    7:15

  86. Selling for a Premium

    8:11

  87. Amortization

    21:42

  88. Borrowing Cost

    6:33

  89. Interacting with Market Rates

    5:30

  90. Retiring Bonds

    9:54
    91. There are 5 practice problems in this chapter.
    It definitely helped me make sense of the last couple chapters before the final when things in class started going over my head. I like that you use visuals and diagrams as well as going through examples. The visual for the breakdown of authorized stock is an example of one I found extremely helpful.
    — Caitlin, Spring 2016

    Chapter 12
    Cash Flows

  91. Cash Flow Overview

    6:02

  92. Operating Cash Flows

    18:41

  93. Indirect Method

    14:26

  94. Investing Cash Flows

    5:14

  95. Financing Cash Flows

    3:17

  96. Depreciation in Cash Flows

    5:50

  97. PPE for Cash Flows

    2:39

  98. Bringing it All Together

    13:57
    99. There are 7 practice problems in this chapter.
    Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 2016

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