BUS–A 201 at Indiana University--Bloomington
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 BUS–A 201.
  • 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. 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 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. Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., 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. I slacked a bit this unit, didn’t read the book, just went to lectures and took notes, and did the required quizzes. I ended up having to cram over the last two days before the test and your site has been tremendously helpful with that.
    — Oakley, Fall 2017

    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 stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, 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. 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 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 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

    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. 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

    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. 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

    Topic 9
    Liabilities

  77. Interest Bearing Notes

    8:26
  78. Non-interest Bearing Notes

    6:16
  79. Contingencies

    5:58
  80. Your site really saved my GPA and increased my understanding of accounting substantially.
    — Bailey, Fall 2016

    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. Thank you for creating and providing these resources! It was very helpful and taught concepts in an engaging and simple manner.
    — Joseph Y., Fall 2019

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

    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 can learn a lot from your videos and they are easy to understand. I have a better understanding after watching your videos which also helped me get a better result for my previous semester.
    — Olivia, Fall 2017

    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. Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
    — Blaze T., Fall 2019