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. 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

    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. Got an A in this course thanks to your videos! 10/10 would recommend to next classes to get the membership. Definitely worth it. Thanks Aaron.
    — Juan, Fall 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. 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 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 your website and great/clear teaching abilities!
    — Julie, 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. 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 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. 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 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 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 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. 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 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. 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 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. 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 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. Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017