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
-
The Accounting Equation
3:02 -
Assets vs Liabilities
5:32 -
Shareholder's Equity
5:26 -
The Balance Sheet
5:52 -
The Statement of Retained Earnings
5:51 -
The Income Statement
6:19 -
The Statement of Cash Flows
6:02 -
How the Statements Work Together
9:02 -
Current Assets
9:57 -
Non-Current Assets
10:25 -
Current Liabilities
6:24 -
Non-Current Liabilites
2:00 -
Contributed Capital
5:10 -
The Classified Balance Sheet
4:48 -
The Multistep Income Statement
12:44 -
Retained Earnings vs Shareholder's Equity
6:41 -
T-Accounts
3:15 -
Debits and Credits
6:49 -
Determining Normal Balances For Assets & Liabilities
10:04 -
Determining Normal Balance for Shareholder's Equity
11:53 -
Normal Balance Shortcut: Double Entry
11:51 -
Normal Balance Shortcut: DEAD Mnemonic
2:36 -
The Journal, Ledger, Trial Balance
14:00 -
Cash vs. Accrual Accounting
7:21 -
Expense Recognition
8:07 -
Accruals and Deferrals
15:07 -
What is an Adjusting Entry?
4:11 -
Adjusting Entry: Supplies
1:54 -
Adjusting Entry: Wages
4:52 -
Adjusting Entry: Unearned Revenue
2:11 -
Adjusting Entry: Interest
2:03 -
Contra-accounts
4:40 -
Depreciation
7:10 -
The Closing Process
10:37 -
Cash and Cash Equivalents
7:52 -
Bank Reconciliations: What and Why
9:38 -
Bank Reconciliations: How
20:57 -
Debit and Credit Memos
5:21 -
Fixing Mistakes in Bank Recs
8:32 -
A/R and Bad Debts Introduction
7:09 -
Direct Method
4:15 -
The Allowance Method
8:56 -
Income Statement vs Balance Sheet Methods
13:14 -
Net Credit Sales
5:20 -
Write Offs and Reinstatements
8:26 -
Notes Receivable
11:27 -
COGS and Inventory
2:57 -
Net Sales
10:03 -
Perpetual vs Periodic
7:10 -
FOB Shipping?
8:51 -
Transportation In
8:41 -
COGS
6:18 -
Drawbacks to Periodic
6:07 -
Specific Identification
2:17 -
Weighted Average
4:21 -
FIFO and LIFO
20:17 -
Estimating with Gross Profit
7:23 -
Acquisition Cost of Assets
13:23 -
Lump Sum Purchases
6:01 -
What is Depreciation?
11:23 -
Straight Line Depreciation
4:33 -
Double Declining Balance
13:58 -
Units of Production
3:43 -
Partial Year Depreciation
5:50 -
Capital vs. Revenue Expenditures
10:42 -
Interest Bearing Notes
8:26 -
Non-interest Bearing Notes
6:16 -
Contingencies
5:58 -
What is Present Value
8:15 -
Simple vs Compound
14:41 -
PV of a Lump Sum
4:39 -
PV of a Lump Sum
6:09 -
Ordinary Annuity
7:16 -
Purchasing with an Annuity
4:31 -
Finding the Payment
6:07 -
Shareholder's Equity
5:12 -
Stock Classifications
4:19 -
Issuance of Stock
6:37 -
Treasury Stock
11:11 -
Cash Dividends
9:58 -
The Effect of Cash Dividends
6:08 -
Stock Dividends
13:48 -
Intro to Bonds
10:04 -
Discounts and Premiums
7:34 -
Selling at a Discount
7:15 -
Selling for a Premium
8:11 -
Amortization
21:42 -
Borrowing Cost
6:33 -
Interacting with Market Rates
5:30 -
Retiring Bonds
9:54 -
Cash Flow Overview
6:02 -
Operating Cash Flows
18:41 -
Indirect Method
14:26 -
Investing Cash Flows
5:14 -
Financing Cash Flows
3:17 -
Depreciation in Cash Flows
5:50 -
PPE for Cash Flows
2:39 -
Bringing it All Together
13:57
Chapter 1
Debits, Credits, and the Accounting Equation
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
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 3
Differences in Timing, Adjusting Entries, and the Closing Process
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 4
Cash and Bank Reconciliations
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 5
Short Term Investments and Receivables
You are awesome, and I so wish I would have found you at the beginning of the semester
— Katie K., Spring 2016
Chapter 6
All About Inventory
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 7
Plant Assets and Intangibles
It really is a great resource, and you're an excellent accounting instructor.
— Scott, Spring 2018
Chapter 8
Current Liabilities, Contingencies, and the Time Value of Money
Thank you for your website and great/clear teaching abilities!
— Julie, Fall 2017
Chapter 9
Stockholder's Equity
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 10
Bonds, Bonds, and Bonds
I just want to let you know that since I've started your videos (the past two tests) I have gotten two 94s!!! I just wanted to say thank you so much you do a great job!
— Abby, Fall 2017
Chapter 12
Cash Flows
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