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

    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.
    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

    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.
    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
    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.
    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 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.
    I would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 2019

    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.
    These videos alone helped me get a B in accounting this semester. I didn't go to class at all. Thanks so much!
    — Natalia, 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’ll be happy to spread the word about your site. There’s no way I could have any clue what is going on in this class without it.
    — Brandon, Spring 2019

    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.
    You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas 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.
    Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017

    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.
    You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., 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.
    The videos were clear and easy to understand and the breakdown into short simple videos was nice. That way you weren't having to watch an hour long lecture when all you needed was 5 minutes of information.
    — Kyle, Spring 2016