ACCT 284 at Iowa State University
Hey, check it out, this is the first video of Topic 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 101 videos, which means you get 985 minutes of accounting (lucky you)
  • There are 79 practice problems right now, and I'm always adding more.
  • Those problems & videos cover every topic of ACCT 284.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Topic 1
    Introduction to Financial Accounting

  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. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Topic 2
    The Financial Statements

  10. Current Assets

    9:57
  11. Non-Current Assets

    10:25
  12. Current Liabilities

    6:24
  13. Non-Current Liabilites

    2:00
  14. Contributed Capital

    5:10
  15. The Classified Balance Sheet

    4:48
  16. The Multistep Income Statement

    12:44
  17. Retained Earnings vs Shareholder's Equity

    6:41
  18. Ratios: Working Capital

    2:29
  19. Ratios: Current Ratio

    4:00
  20. Gross Profit vs Net Profit

    6:15
  21. Profit Margin

    3:22
  22. 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

    Topic 3
    Journals, Ledgers, T-Accounts, and Normal Balances

  23. T-Accounts

    3:15
  24. Debits and Credits

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

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

    11:53
  27. Normal Balance Shortcut: Double Entry

    11:51
  28. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  29. The Journal, Ledger, Trial Balance

    14:00
  30. 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

    Topic 4
    Accrual Accounting and Adjusting Entries

  31. Cash vs. Accrual Accounting

    7:21
  32. Expense Recognition

    8:07
  33. Accruals and Deferrals

    15:07
  34. What is an Adjusting Entry?

    4:11
  35. Adjusting Entry: Supplies

    1:54
  36. Adjusting Entry: Wages

    4:52
  37. Adjusting Entry: Unearned Revenue

    2:11
  38. Adjusting Entry: Interest

    2:03
  39. Contra-accounts

    4:40
  40. Depreciation

    7:10
  41. The Closing Process

    10:37
  42. I wanna say thank you very much for doing the videos. I just got my grade and I made an A in accounting, and I must say I owe it to you and your videos.
    — Daniel, Spring 2016

    Topic 5
    Inventory

  43. COGS and Inventory

    2:57
  44. Net Sales

    10:03
  45. Perpetual vs Periodic

    7:10
  46. FOB Shipping?

    8:51
  47. Transportation In

    8:41
  48. COGS

    6:18
  49. Drawbacks to Periodic

    6:07
  50. Specific Identification

    2:17
  51. Weighted Average

    4:21
  52. FIFO and LIFO

    20:17
  53. Estimating with Gross Profit

    7:23
  54. Your site really saved my GPA and increased my understanding of accounting substantially.
    — Bailey, Fall 2016

    Topic 6
    Cash and Bank Reconciliations

  55. Cash and Cash Equivalents

    7:52
  56. Bank Reconciliations: What and Why

    9:38
  57. Bank Reconciliations: How

    20:57
  58. Debit and Credit Memos

    5:21
  59. Fixing Mistakes in Bank Recs

    8:32
  60. It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Topic 7
    Accounts Receivable

  61. A/R and Bad Debts Introduction

    7:09
  62. Direct Method

    4:15
  63. The Allowance Method

    8:56
  64. Income Statement vs Balance Sheet Methods

    13:14
  65. Net Credit Sales

    5:20
  66. Write Offs and Reinstatements

    8:26
  67. 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

    Topic 8
    Fixed Assets and Depreciation

  68. Acquisition Cost of Assets

    13:23
  69. Lump Sum Purchases

    6:01
  70. What is Depreciation?

    11:23
  71. Straight Line Depreciation

    4:33
  72. Double Declining Balance

    13:58
  73. Units of Production

    3:43
  74. Partial Year Depreciation

    5:50
  75. Capital vs. Revenue Expenditures

    10:42
  76. 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

    Topic 9
    Liabilities

  77. Interest Bearing Notes

    8:26
  78. Non-interest Bearing Notes

    6:16
  79. Contingencies

    5:58
  80. Your site was a great crash course for procrastinators like me, and watching your videos at 2x speed along with my lectures was enough to do well on the exam.
    — Nathan, Fall 2019

    Topic 10
    The Time Value of Money

  81. What is Present Value

    8:15
  82. Simple vs Compound

    14:41
  83. PV of a Lump Sum

    4:39
  84. PV of a Lump Sum

    6:09
  85. Ordinary Annuity

    7:16
  86. Purchasing with an Annuity

    4:31
  87. Finding the Payment

    6:07
  88. Honestly, if it weren't for your website, I would not have passed this class. I bombed the first two exams with 50s, but then after one of my friends told me about your website, I managed to bring my next exam score up to a 77. I did better than the class average of 68! Your videos are super clear and easy to follow. I appreciate how much effort you put into them.
    — Nadia Lynn, Fall 2018

    Topic 11
    Bonds

  89. Intro to Bonds

    10:04
  90. Discounts and Premiums

    7:34
  91. Selling at a Discount

    7:15
  92. Selling for a Premium

    8:11
  93. Amortization

    21:42
  94. Borrowing Cost

    6:33
  95. Interacting with Market Rates

    5:30
  96. Retiring Bonds

    9:54
  97. The videos are are very helpful. You really have a way of making the material very understandable. You should be a college professor!!
    — Nicole, Spring 2018

    Topic 12
    Shareholder's Equity

  98. Shareholder's Equity

    5:12
  99. Stock Classifications

    4:19
  100. Issuance of Stock

    6:37
  101. Treasury Stock

    11:11
  102. Cash Dividends

    9:58
  103. The Effect of Cash Dividends

    6:08
  104. Stock Dividends

    13:48
  105. 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

    Topic 13
    Cash Flows

  106. Cash Flow Overview

    6:02
  107. Operating Cash Flows

    18:41
  108. Indirect Method

    14:26
  109. Investing Cash Flows

    5:14
  110. Financing Cash Flows

    3:17
  111. Depreciation in Cash Flows

    5:50
  112. PPE for Cash Flows

    2:39
  113. Bringing it All Together

    13:57
  114. 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