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. There are 5 practice problems in this chapter.
    It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 2
    Debit and Credit Procedures

  9. T-Accounts

    3:15

  10. Debits and Credits

    6:49

  11. Determining Normal Balances For Assets & Liabilities

    10:04

  12. Determining Normal Balance for Shareholder's Equity

    11:53

  13. Normal Balance Shortcut: Double Entry

    11:51

  14. Normal Balance Shortcut: DEAD Mnemonic

    2:36
    15. There are 7 practice problems in this chapter.
    I honestly don't think I would've been able to pass financial without your help. With finals coming up, I feel very confident with accounting and I never thought I would! So again, thank you for all your help!
    — Claire, Fall 2016

    Chapter 3
    Accrual Account and The Adjusting Process

  15. The Journal, Ledger, Trial Balance

    14:00

  16. Cash vs. Accrual Accounting

    7:21

  17. Expense Recognition

    8:07

  18. Accruals and Deferrals

    15:07

  19. What is an Adjusting Entry?

    4:11

  20. Adjusting Entry: Supplies

    1:54

  21. Adjusting Entry: Unearned Revenue

    2:11

  22. Adjusting Entry: Interest

    2:03

  23. Contra-accounts

    4:40

  24. Depreciation

    7:10

  25. The Closing Process

    10:37
    26. There are 18 practice problems in this chapter.
    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 4
    Concepts of Inventory

  26. COGS and Inventory

    2:57

  27. Net Sales

    10:03

  28. Perpetual vs Periodic

    7:10

  29. FOB Shipping?

    8:51

  30. Transportation In

    8:41

  31. COGS

    6:18

  32. Drawbacks to Periodic

    6:07

  33. Estimating with Gross Profit

    7:23

  34. The Multistep Income Statement

    12:44
    35. There are 8 practice problems in this chapter.
    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 5
    Inventory Cost Flow Methods

  35. Specific Identification

    2:17

  36. Weighted Average

    4:21

  37. FIFO and LIFO

    20:17
    38. There are 1 practice problems in this chapter.
    I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    Chapter 6
    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. There are 2 practice problems in this chapter.
    Your videos literally saved me. I ended up with a B, but let me tell you I was destined for a D before I discovered your website!
    — Mikey, Fall 2018

    Chapter 7
    Accounts Receivable and Bad Debts

  43. A/R and Bad Debts Introduction

    7:09

  44. Direct Method

    4:15

  45. The Allowance Method

    8:56

  46. Income Statement vs Balance Sheet Methods

    13:14

  47. Net Credit Sales

    5:20

  48. Write Offs and Reinstatements

    8:26

  49. Notes Receivable

    11:27
    50. There are 4 practice problems in this chapter.
    I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 8
    Long Term Assets and Depreciation

  50. Acquisition Cost of Assets

    13:23

  51. Lump Sum Purchases

    6:01

  52. What is Depreciation?

    11:23

  53. Straight Line Depreciation

    4:33

  54. Double Declining Balance

    13:58

  55. Units of Production

    3:43

  56. Partial Year Depreciation

    5:50

  57. Capital vs. Revenue Expenditures

    10:42
    58. There are 5 practice problems in this chapter.
    I was crying outside the classroom about my grade and a stranger walked up and told me to watch these videos.
    — Anonymous, Fall 2018

    Chapter 9
    Liabilities

  58. Current Assets

    9:57

  59. Non-Current Assets

    10:25

  60. Current Liabilities

    6:24

  61. Non-Current Liabilites

    2:00

  62. The Classified Balance Sheet

    4:48

  63. Ratios: Current Ratio

    4:00

  64. Interest Bearing Notes

    8:26

  65. Non-interest Bearing Notes

    6:16

  66. Contingencies

    5:58
    67. There are 6 practice problems in this chapter.
    Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    Chapter 10
    Bonds, Bonds, and Bonds

  67. Intro to Bonds

    10:04

  68. Discounts and Premiums

    7:34

  69. Selling at a Discount

    7:15

  70. Selling for a Premium

    8:11

  71. Amortization

    21:42

  72. Borrowing Cost

    6:33

  73. Interacting with Market Rates

    5:30

  74. Retiring Bonds

    9:54
    75. There are 5 practice problems in this chapter.
    Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    Chapter 11
    Shareholder's Equity

  75. Shareholder's Equity

    5:12

  76. Stock Classifications

    4:19

  77. Issuance of Stock

    6:37

  78. Treasury Stock

    11:11

  79. Cash Dividends

    9:58

  80. The Effect of Cash Dividends

    6:08

  81. Stock Dividends

    13:48
    82. There are 6 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