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Principles of Accounting I: Financial Accounting

Financial Statements, Accounting Terms, Accounting Principles, and the Accounting Equation (4 videos)

  • Accounting Terms and Accounting Principles
  • Accounting Equation; Retained Earnings; Net Income; Dividends
  • Revenue Recognition Principle and Matching Principle
  • Financial Statements: Income Statement, Statement of Retained Earnings, Balance Sheet and the Statement of Cash Flows
* Accounting Terms, Accounting Principles, and the Accounting Equation - Transcript

The Accounting System and Recording Business Transactions (4 videos)

  • Using Accounting terms
  • T-Accounts (posting)
  • Journal Entry Format (journalizing)
  • Journal Entries (journalizing)
            * Recording Business Transactions - Transcript

Adjusting Accounts for Financial Statements/Accounting Cycle (5 videos)

  • Accrual Accounting and the Five Types of Adjusting Entries
  • Adjusting Entries - Examples
  • The Worksheet and Financial Statements
  • The Closing Process (Journalizing and Posting Closing Entries)
  • The Classified Balance Sheet and Liquidity Ratios (Current Ratio & Debt Ratio)

Reporting and Analyzing Merchandiser Operations (5 videos)

  • Merchandising Operations: Operating Cycle, Inventory, Purchase Discounts
  • Merchandising: Purchase Discounts, Purchase Returns, Purchase Allowances
  • Selling Inventory; Sales Returns, Sale Allowances, Sales Discounts
  • Merchandising: Closing accounts; Adjusting accounts; Inventory Shrinkage
  • Income Statement; Gross Profit Percent; Inventory Turnover

Reporting and Analyzing Inventory & Cost of Goods Sold (5 videos)

Reporting and Analyzing Receivables (5 videos)

  • Internal Controls and Reporting Accounts Receivable
  • Accounting for Uncollectibles: Allowance Method - Percent of Sales and Aging Schedule
  • Direct Write-off Method for Accounting for Uncollectible Accounts
  • Credit Card and Debit Card Sales; Interest Revenue
  • Reporting Receivables on Classified Balance Sheet

Reporting and Analyzing Long-Term Assets (5 videos)

  • Lump-Sum Purchase
  • Straight-Line Depreciation
  • Units-of-Production Method of Depreciation
  • Double-Declining Balance
  • Partial-Year Depreciation

Reporting and Analyzing Current Liabilities (3 videos)

  • Current Accrued Liabilities: Current Portion of Long-Term Debt
  • Current Liabilities: Known Amounts?
  • Current Liabilities and Contigencies: Estimated Amounts

Corporations, Stockholders’ Equity versus Owners' Equity, and Dividends (5 videos)

  • Paying Cash Dividends on Stock, an example
  • What is a Dividend? Payment of Cash Dividends on Stock
  • Issuing Stock Transactions and Calculating Paid-in Capital
  • Preferred Stock versus Common Stock
  • Owners' Equity versus Stockholders' Equity

Reporting and Analyzing Statement of Cash Flows (6 videos)

  • The Statement of Cash Flows - Introduction
  • Operating Activities Section Example
  • Full Statement of Cash Flows with Interpretation
  • Calculating Unknown Amounts (i.e. Dividends, Cash Receipt from Sale of Assets)
  • Full Statement of Cash Flows example with Dividends Calculation, Plant Assets, net purchase and payment and borrowing of Notes Payable
  • Complete statement of cash flows using PPE + Accumulated Depreciation account

* Statement of Cash Flows: Operating Activities Section Example - Transcript

Analyzing and Interpreting Financial Statements (11 videos)

  • What is Financial Statement Analysis?
  • Horizontal Analysis
  • Trend Analysis
  • Vertical Analysis
  • Benchmarking
  • Ability to Pay Current Liabilities
  • Ability to Sell Inventory and Collect Receivables
  • Ability to Pay Long-Term Debt
  • Measuring Profitability - Part 1
  • Measuring Profitability - Part 2
  • Analyzing Stock Investments

Principles of Accounting II: Managerial Accounting

Introduction to and Building Blocks of Managerial Accounting (6 videos)

  • Managerial Accounting versus Financial Accounting; Accounting Equation; Accounting Principles
  • Service Company Income Statement
  • Merchandising Income Statement; Cost of Goods Sold Calculation
  • Manufacturing Company Income Statement; Flow of Costs
  • Flow of costs in a Manufacturing Company; Calculating Overhead
  • Review of CGM & CGS Calculations using t-Accounts

Job Costing (4 videos)

Activity-Based Costing (3 videos)

  • What is Activity-Based Costing? - Transcript
  • Activity-Based Costing Examples
  • Additional Activity-Based Costing Examples + Comparison of simple costing w/ABC - Transcript

Process Costing (6 videos) - Transcript

  • Process Costing versus Job Costing
  • Equivalent Units
  • Process Costing - Steps 1 & 2
  • Process Costing - Steps 3, 4, & 5
  • Journal Entries
  • Second and Future Departments (Transferred-In costs)

Cost Behavior (3 videos)

Cost-Volume-Profit Analysis (4 videos)

  • Break-Even Analysis
  • Planning Profits
  • Margin-of-Safety
  • Sales Mix and Weighted Average Contribution Margin

Relevant Cost for Short-Term Decisions (9 videos)

  • Management Product and Pricing Decisions
  • Special Order; Incremental Analysis
  • Setting Prices: Cost-Plus Pricing versus Target Pricing
  • Dropping Product Lines; Emphasize Product Lines
    • Example of Dropping Product Line
    • Example of Emphasizing a Product Line
  • Make (outsourcing) or Buy; Sell As Is or Process Further
    • Example of Sell as Is or Process Further
  • Incremental Analysis versus Income Statement Approach of Dropping a Product Line

The Master Budget (6 videos)

  • Master Budget
  • Sales Budget
  • Inventory, Purchases, Cost of Goods Sold Budget
  • Cash Budget: Budgeted Cash Collections
  • Budgeted Income Statement
  • Budgeted Balance Sheet

Standard Costing (4 videos)

  • Direct Materials Variances
  • Direct Labor Variances
  • Variable Overhead Variances
  • Fixed Overhead Variances

Capital Investment Decisions (and TVM) (4 videos)

  • Payback Period
  • Accounting Rate of Return (ARR)
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)

* Capital Budgeting Models: Introduction - Transcript

Cost Accounting

Cost Terms and Purposes (3 videos)

  • Cost Behavior: Variable Costs versus Fixed Costs
  • Cost of Goods Manufactured, Cost of Goods Sold; Product versus Period Costs
  • Gross Profit Income Statement

Job Costing (4 videos)

Activity-Based Costing and Activity-Based Management (2 videos)

Master Budget and Responsibility Accounting (3 videos)

  • Production Budget Example Calculations
  • Purchases Budget with Example Calculations
  • Purchases and Production Budget

Inventory Costing and Capacity Analysis (2 videos)

Flexible Budgets, Direct-Cost Variances, and Management Control (2 videos)

Flexible Budgets, Overhead Cost Variances, and Management Control (5 videos)

Decision Making and Relevant Information (4 videos)

  • Relevance
  • One-Time Special Orders
  • Make-or-Buy - Part 1
  • Make-or-Buy - Part 2

Capital Budgeting and Cost Analysis (4 videos)

Intermediate Accounting I

A Review of the Accounting Cycle (7 videos)

The Financial Reporting Environment (1video)

Financial Reporting Theory (3 videos)

Judgment and Applied Financial Accounting Research (3 videos)

Statements of Net Income and Comprehensive Income (2 videos)

Statements of Financial Position and Cash Flows and the Annual Report (5 videos)

Accounting and the Time Value of Money (8 videos)

 Revenue Recognition (2 videos)

Short-Term Operating Assets: Cash and Receivables (6 videos)


EXCEL (3 videos)

  • Excel Income Statement - Simple #1
  • Excel Income Statement - Simple #2
  • Excel Income Statement - Simple #3

My_Lab Software demo (3 videos)

  • Purchase and Enroll
  • Navigating - Part 1
  • Navigating - Part 2
  • Navigating - Part 3