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.
    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 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 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 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.
    Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

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

    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.
    So far, your content is looking to be fantastic for strengthening my understanding of accounting concepts. Your video of perpetual and periodic inventory was very helpful.
    — Eric, Fall 2017

    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 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 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.
    I just wanted to say thank you for all of the time you have put into this website! All of the videos and practice really helped me improve my accounting grade.
    — Sarah M., 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.
    You saved me in accounting and I made an A!
    — Liz, Fall 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.
    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