acct209 at Texas A&M
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 96 videos, which means you get 936 minutes of accounting (lucky you)
  • There are 77 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acct 209.
  • 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. Retained Earnings vs Shareholder's Equity

    6:41

  7. The Income Statement

    6:19

  8. The Statement of Cash Flows

    6:02

  9. How the Statements Work Together

    9:02
    10. There are 6 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 2
    Recording Business Transactions

  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. The Journal, Ledger, Trial Balance

    14:00
    17. There are 9 practice problems in this chapter.
    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 3
    Adjustments for Financial Reporting

  17. Cash vs. Accrual Accounting

    7:21

  18. Expense Recognition

    8:07

  19. Accruals and Deferrals

    15:07

  20. What is an Adjusting Entry?

    4:11

  21. Adjusting Entry: Supplies

    1:54

  22. Adjusting Entry: Wages

    4:52

  23. Adjusting Entry: Unearned Revenue

    2:11

  24. Adjusting Entry: Interest

    2:03

  25. Contra-accounts

    4:40

  26. Depreciation

    7:10
    27. There are 15 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 4
    Completing the Accounting Cycle

  27. The Closing Process

    10:37

  28. The Classified Balance Sheet

    4:48

  29. Current Assets

    9:57

  30. Non-Current Assets

    10:25

  31. Current Liabilities

    6:24

  32. Non-Current Liabilites

    2:00

  33. Contributed Capital

    5:10

  34. Ratios: Current Ratio

    4:00
    35. There are 7 practice problems in this chapter.
    I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapters 5 & 6
    Measuring and Reporting Inventories

  35. The Multistep Income Statement

    12:44

  36. Gross Profit vs Net Profit

    6:15

  37. Profit Margin

    3:22

  38. Net Sales

    10:03

  39. COGS and Inventory

    2:57

  40. Perpetual vs Periodic

    7:10

  41. FOB Shipping?

    8:51

  42. Transportation In

    8:41

  43. COGS

    6:18

  44. Drawbacks to Periodic

    6:07

  45. Specific Identification

    2:17

  46. Weighted Average

    4:21

  47. FIFO and LIFO

    20:17

  48. Estimating with Gross Profit

    7:23
    49. There are 9 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 8
    Receivables and Payables

  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. Interest Bearing Notes

    8:26

  57. Non-interest Bearing Notes

    6:16

  58. Contingencies

    5:58
    59. There are 7 practice problems in this chapter.
    It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 9
    Long Term Assets and Depreciation

  59. Acquisition Cost of Assets

    13:23

  60. Lump Sum Purchases

    6:01

  61. What is Depreciation?

    11:23

  62. Straight Line Depreciation

    4:33

  63. Double Declining Balance

    13:58

  64. Units of Production

    3:43

  65. Partial Year Depreciation

    5:50

  66. Capital vs. Revenue Expenditures

    10:42
    67. There are 5 practice problems in this chapter.
    You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Time Value of Money
    The Time Value of Money

  67. What is Present Value

    8:15

  68. Simple vs Compound

    14:41

  69. PV of a Lump Sum

    4:39

  70. PV of a Lump Sum

    6:09

  71. Ordinary Annuity

    7:16

  72. Purchasing with an Annuity

    4:31

  73. Finding the Payment

    6:07
    74. There are 1 practice problems in this chapter.
    You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 2016

    Chapter 10
    Long Term Financing (Bonds)

  74. Intro to Bonds

    10:04

  75. Discounts and Premiums

    7:34

  76. Selling at a Discount

    7:15

  77. Selling for a Premium

    8:11

  78. Amortization

    21:42

  79. Borrowing Cost

    6:33

  80. Interacting with Market Rates

    5:30

  81. Retiring Bonds

    9:54
    82. There are 5 practice problems in this chapter.
    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 11
    Stockholder's Equity

  82. Shareholder's Equity

    5:12

  83. Stock Classifications

    4:19

  84. Issuance of Stock

    6:37

  85. Treasury Stock

    11:11

  86. Cash Dividends

    9:58

  87. The Effect of Cash Dividends

    6:08

  88. Stock Dividends

    13:48
    89. There are 6 practice problems in this chapter.
    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 12
    Cash Flows

  89. Cash Flow Overview

    6:02

  90. Operating Cash Flows

    18:41

  91. Indirect Method

    14:26

  92. Investing Cash Flows

    5:14

  93. Financing Cash Flows

    3:17

  94. Depreciation in Cash Flows

    5:50

  95. PPE for Cash Flows

    2:39

  96. Bringing it All Together

    13:57
    97. There are 7 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