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. There are 10 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 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.
    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 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.
    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 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 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 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 would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 2019

    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.
    Your videos have truly helped more than I could ever explain! They gave me such a good guideline for how to solve problems, and how you go through each problem step-by-step makes accounting seem so much easier.
    — Caitlyn, Spring 2018

    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.
    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

    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.
    You saved me in accounting and I made an A!
    — Liz, Fall 2016

    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.
    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 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.
    This website helped me pass the class, which is a miracle. The videos were easier for me to understand than the textbook, my tutor, and my professor.
    — Claire, Fall 2016