acct2013 at Mississippi State
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 81 videos, which means you get 817 minutes of accounting (lucky you)
  • There are 67 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acct 2013.
  • 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. 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 2
    Debit and Credit Procedures

  10. T-Accounts

    3:15
  11. Debits and Credits

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

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

    11:53
  14. Normal Balance Shortcut: Double Entry

    11:51
  15. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  16. I seriously can't put into words how grateful I am to have found your videos for Financial Accounting last semester. If it wasn't for your website I could not have passed that class, my professor was awful and you taught it in such a clear and understandable way!
    — Monear, Spring 2019

    Chapter 3
    Accrual Account and The Adjusting Process

  17. The Journal, Ledger, Trial Balance

    14:00
  18. Cash vs. Accrual Accounting

    7:21
  19. Expense Recognition

    8:07
  20. Accruals and Deferrals

    15:07
  21. What is an Adjusting Entry?

    4:11
  22. Adjusting Entry: Supplies

    1:54
  23. Adjusting Entry: Unearned Revenue

    2:11
  24. Adjusting Entry: Interest

    2:03
  25. Contra-accounts

    4:40
  26. Depreciation

    7:10
  27. The Closing Process

    10:37
  28. This website was amazing. I was SO lost in lecture but these videos really helped me piece everything together. I tried outside tutoring but it didn't work. THIS is what you need to ensure you are understanding ALL material.
    — Valeria, Fall 2019

    Chapter 4
    Concepts of Inventory

  29. COGS and Inventory

    2:57
  30. Net Sales

    10:03
  31. Perpetual vs Periodic

    7:10
  32. FOB Shipping?

    8:51
  33. Transportation In

    8:41
  34. COGS

    6:18
  35. Drawbacks to Periodic

    6:07
  36. Estimating with Gross Profit

    7:23
  37. The Multistep Income Statement

    12:44
  38. 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 5
    Inventory Cost Flow Methods

  39. Specific Identification

    2:17
  40. Weighted Average

    4:21
  41. FIFO and LIFO

    20:17
  42. Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 2016

    Chapter 6
    Cash and Bank Reconciliations

  43. Cash and Cash Equivalents

    7:52
  44. Bank Reconciliations: What and Why

    9:38
  45. Bank Reconciliations: How

    20:57
  46. Debit and Credit Memos

    5:21
  47. Fixing Mistakes in Bank Recs

    8:32
  48. 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 7
    Accounts Receivable and Bad Debts

  49. A/R and Bad Debts Introduction

    7:09
  50. Direct Method

    4:15
  51. The Allowance Method

    8:56
  52. Income Statement vs Balance Sheet Methods

    13:14
  53. Net Credit Sales

    5:20
  54. Write Offs and Reinstatements

    8:26
  55. Notes Receivable

    11:27
  56. 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 8
    Long Term Assets and Depreciation

  57. Acquisition Cost of Assets

    13:23
  58. Lump Sum Purchases

    6:01
  59. What is Depreciation?

    11:23
  60. Straight Line Depreciation

    4:33
  61. Double Declining Balance

    13:58
  62. Units of Production

    3:43
  63. Partial Year Depreciation

    5:50
  64. Capital vs. Revenue Expenditures

    10:42
  65. 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 9
    Liabilities

  66. Current Assets

    9:57
  67. Non-Current Assets

    10:25
  68. Current Liabilities

    6:24
  69. Non-Current Liabilites

    2:00
  70. The Classified Balance Sheet

    4:48
  71. Ratios: Current Ratio

    4:00
  72. Interest Bearing Notes

    8:26
  73. Non-interest Bearing Notes

    6:16
  74. Contingencies

    5:58
  75. 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 10
    Bonds, Bonds, and Bonds

  76. Intro to Bonds

    10:04
  77. Discounts and Premiums

    7:34
  78. Selling at a Discount

    7:15
  79. Selling for a Premium

    8:11
  80. Amortization

    21:42
  81. Borrowing Cost

    6:33
  82. Interacting with Market Rates

    5:30
  83. Retiring Bonds

    9:54
  84. Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016

    Chapter 11
    Shareholder's Equity

  85. Shareholder's Equity

    5:12
  86. Stock Classifications

    4:19
  87. Issuance of Stock

    6:37
  88. Treasury Stock

    11:11
  89. Cash Dividends

    9:58
  90. The Effect of Cash Dividends

    6:08
  91. Stock Dividends

    13:48
  92. 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