acg2021 at Florida International University
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 98 videos, which means you get 981 minutes of accounting (lucky you)
  • There are 78 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acg 2021.
  • 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. 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. I’ll be happy to spread the word about your site. There’s no way I could have any clue what is going on in this class without it.
    — Brandon, Spring 2019

    Chapter 2
    Transaction Analysis

  18. T-Accounts

    3:15
  19. Debits and Credits

    6:49
  20. Determining Normal Balances For Assets & Liabilities

    10:04
  21. Determining Normal Balance for Shareholder's Equity

    11:53
  22. Normal Balance Shortcut: Double Entry

    11:51
  23. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  24. The Journal, Ledger, Trial Balance

    14:00
  25. Thanks for making this site, it came in clutch for every exam.
    — Lane, Spring 2016

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

  26. Cash vs. Accrual Accounting

    7:21
  27. Expense Recognition

    8:07
  28. Accruals and Deferrals

    15:07
  29. What is an Adjusting Entry?

    4:11
  30. Adjusting Entry: Supplies

    1:54
  31. Adjusting Entry: Wages

    4:52
  32. Adjusting Entry: Unearned Revenue

    2:11
  33. Adjusting Entry: Interest

    2:03
  34. Contra-accounts

    4:40
  35. Depreciation

    7:10
  36. The Closing Process

    10:37
  37. Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    Chapter 4
    Cash and Bank Reconciliations

  38. Cash and Cash Equivalents

    7:52
  39. Bank Reconciliations: What and Why

    9:38
  40. Bank Reconciliations: How

    20:57
  41. Debit and Credit Memos

    5:21
  42. Fixing Mistakes in Bank Recs

    8:32
  43. Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    Chapter 5
    Short Term Investments and Receivables

  44. A/R and Bad Debts Introduction

    7:09
  45. Direct Method

    4:15
  46. The Allowance Method

    8:56
  47. Income Statement vs Balance Sheet Methods

    13:14
  48. Net Credit Sales

    5:20
  49. Write Offs and Reinstatements

    8:26
  50. Notes Receivable

    11:27
  51. 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
    All About Inventory

  52. COGS and Inventory

    2:57
  53. Net Sales

    10:03
  54. Perpetual vs Periodic

    7:10
  55. FOB Shipping?

    8:51
  56. Transportation In

    8:41
  57. COGS

    6:18
  58. Drawbacks to Periodic

    6:07
  59. Specific Identification

    2:17
  60. Weighted Average

    4:21
  61. FIFO and LIFO

    20:17
  62. Estimating with Gross Profit

    7:23
  63. It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 7
    Plant Assets and Intangibles

  64. Acquisition Cost of Assets

    13:23
  65. Lump Sum Purchases

    6:01
  66. What is Depreciation?

    11:23
  67. Straight Line Depreciation

    4:33
  68. Double Declining Balance

    13:58
  69. Units of Production

    3:43
  70. Partial Year Depreciation

    5:50
  71. Capital vs. Revenue Expenditures

    10:42
  72. I stopped going to class when I found out about your website. You offered a clearer way of communicating accounting and I appreciate that.
    — Colton, Fall 2018

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

  73. Interest Bearing Notes

    8:26
  74. Non-interest Bearing Notes

    6:16
  75. Contingencies

    5:58
  76. What is Present Value

    8:15
  77. Simple vs Compound

    14:41
  78. PV of a Lump Sum

    4:39
  79. PV of a Lump Sum

    6:09
  80. Ordinary Annuity

    7:16
  81. Purchasing with an Annuity

    4:31
  82. Finding the Payment

    6:07
  83. Thank you so much for your website and for the time and effort that you put into it. It has been a huge help.
    — Josh, Spring 2018

    Chapter 9
    Stockholder's Equity

  84. Shareholder's Equity

    5:12
  85. Stock Classifications

    4:19
  86. Issuance of Stock

    6:37
  87. Treasury Stock

    11:11
  88. Cash Dividends

    9:58
  89. The Effect of Cash Dividends

    6:08
  90. Stock Dividends

    13:48
  91. Thank you for creating and providing these resources! It was very helpful and taught concepts in an engaging and simple manner.
    — Joseph Y., Fall 2019

    Chapter 10
    Bonds, Bonds, and Bonds

  92. Intro to Bonds

    10:04
  93. Discounts and Premiums

    7:34
  94. Selling at a Discount

    7:15
  95. Selling for a Premium

    8:11
  96. Amortization

    21:42
  97. Borrowing Cost

    6:33
  98. Interacting with Market Rates

    5:30
  99. Retiring Bonds

    9:54
  100. 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 12
    Cash Flows

  101. Cash Flow Overview

    6:02
  102. Operating Cash Flows

    18:41
  103. Indirect Method

    14:26
  104. Investing Cash Flows

    5:14
  105. Financing Cash Flows

    3:17
  106. Depreciation in Cash Flows

    5:50
  107. PPE for Cash Flows

    2:39
  108. Bringing it All Together

    13:57
  109. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019