acc311 at The University of Texas
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 94 videos, which means you get 923 minutes of accounting (lucky you)
  • There are 75 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acc 311.
  • 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.
    Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    Chapter 2
    The Balance Sheet

  9. Current Assets

    9:57

  10. Non-Current Assets

    10:25

  11. Current Liabilities

    6:24

  12. Non-Current Liabilites

    2:00

  13. Contributed Capital

    5:10

  14. The Classified Balance Sheet

    4:48

  15. T-Accounts

    3:15

  16. Debits and Credits

    6:49

  17. Determining Normal Balances For Assets & Liabilities

    10:04

  18. Determining Normal Balance for Shareholder's Equity

    11:53

  19. Normal Balance Shortcut: Double Entry

    11:51

  20. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  21. The Journal, Ledger, Trial Balance

    14:00
    22. There are 12 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 3
    The Income Statement

  22. The Multistep Income Statement

    12:44

  23. Gross Profit vs Net Profit

    6:15

  24. Profit Margin

    3:22

  25. Cash vs. Accrual Accounting

    7:21

  26. Expense Recognition

    8:07
    27. There are 5 practice problems in this chapter.
    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

    Chapter 4
    Adjustments and Financial Statements

  27. Accruals and Deferrals

    15:07

  28. What is an Adjusting Entry?

    4:11

  29. Adjusting Entry: Supplies

    1:54

  30. Adjusting Entry: Wages

    4:52

  31. Adjusting Entry: Unearned Revenue

    2:11

  32. Adjusting Entry: Interest

    2:03

  33. Contra-accounts

    4:40

  34. Depreciation

    7:10

  35. The Closing Process

    10:37
    36. There are 14 practice problems in this chapter.
    You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 12
    Cash Flows

  36. Cash Flow Overview

    6:02

  37. Operating Cash Flows

    18:41

  38. Indirect Method

    14:26

  39. Investing Cash Flows

    5:14

  40. Financing Cash Flows

    3:17

  41. Depreciation in Cash Flows

    5:50

  42. PPE for Cash Flows

    2:39

  43. Bringing it All Together

    13:57
    44. There are 7 practice problems in this chapter.
    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 6
    Accounts Receivable and Bad Debts

  44. A/R and Bad Debts Introduction

    7:09

  45. Direct Method

    4:15

  46. The Allowance Method

    8:56

  47. Income Statement vs Balance Sheet Methods

    13:14

  48. Net Credit Sales

    5:20

  49. Write Offs and Reinstatements

    8:26
    50. There are 4 practice problems in this chapter.
    Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 2016

    Chapter 7
    All About Inventory

  50. COGS and Inventory

    2:57

  51. Net Sales

    10:03

  52. Perpetual vs Periodic

    7:10

  53. FOB Shipping?

    8:51

  54. Transportation In

    8:41

  55. COGS

    6:18

  56. Drawbacks to Periodic

    6:07

  57. Specific Identification

    2:17

  58. Weighted Average

    4:21

  59. FIFO and LIFO

    20:17

  60. Estimating with Gross Profit

    7:23
    61. There are 8 practice problems in this chapter.
    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

    Chapter 8
    Assets

  61. Acquisition Cost of Assets

    13:23

  62. Lump Sum Purchases

    6:01

  63. What is Depreciation?

    11:23

  64. Straight Line Depreciation

    4:33

  65. Double Declining Balance

    13:58

  66. Units of Production

    3:43

  67. Partial Year Depreciation

    5:50

  68. Capital vs. Revenue Expenditures

    10:42
    69. There are 5 practice problems in this chapter.
    Your site was the reason I got an A. This was the most helpful website, and your videos were extremely clear. I am so thankful it was recommended to me and I recommend it to anyone who really wants to understand and do well in the course.
    — Kaitlyn C., Fall 2019

    Chapter 9
    Liabilities and the Time Value of Money

  69. Notes Receivable

    11:27

  70. Interest Bearing Notes

    8:26

  71. Non-interest Bearing Notes

    6:16

  72. Contingencies

    5:58

  73. What is Present Value

    8:15

  74. Simple vs Compound

    14:41

  75. PV of a Lump Sum

    4:39

  76. PV of a Lump Sum

    6:09

  77. Ordinary Annuity

    7:16

  78. Purchasing with an Annuity

    4:31

  79. Finding the Payment

    6:07
    80. There are 4 practice problems in this chapter.
    I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 10
    Bonds, Bonds, Bonds

  80. Intro to Bonds

    10:04

  81. Discounts and Premiums

    7:34

  82. Selling at a Discount

    7:15

  83. Selling for a Premium

    8:11

  84. Amortization

    21:42

  85. Borrowing Cost

    6:33

  86. Interacting with Market Rates

    5:30

  87. Retiring Bonds

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

  88. Shareholder's Equity

    5:12

  89. Stock Classifications

    4:19

  90. Issuance of Stock

    6:37

  91. Treasury Stock

    11:11

  92. Cash Dividends

    9:58

  93. The Effect of Cash Dividends

    6:08

  94. Stock Dividends

    13:48
    95. There are 6 practice problems in this chapter.
    Absolutely love your site. I found it super useful as a review during test weeks, and I can confidently say it helped me achieve an A in the course.
    — Jared H., Fall 2019