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Topics Explained

The following links include in-depth explanations of the topics as well as lecture videos of the topic (when available)

Download and print the FREE lecture notes to accompany the videos


Financial Accounting
Accounting Terms, Accounting Principles, Accounting Equation
Balance Sheet and the Accounting Equation
Chart of Accounts
Corporations, Stockholders' Equity versus Owners' Equity, and Dividends
Debits versus Credits (Accounting Acronyms)
Recording Business Transactions: Rules of Debits and Credits; T-Accounts
Retirement of Preferred Stock
Statement of Cash Flows: Operating Activities Example

Managerial/Cost Accounting
Activity-Based Costing
Budgeting
Capital Budgeting Models: Introduction
Process Costing
What is Activity-Based Costing

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Disclaimer

The information provided on this channel, via post, video, etc., is for educational, informational, and entertainment purposes only. It reflects my personal opinions and experiences, presented through the lens of Dave Ramsey’s 7 Baby Steps and Biblical principles. Nothing I share constitutes professional financial, legal, tax, or investment advice. Your individual financial situation is unique and may require the guidance of qualified professionals who can assess your specific circumstances, risk tolerance, goals, and needs. Results are not guaranteed. Past success stories (including my own or others referenced) are not typical and do not guarantee future results for you. Achieving financial goals depends on many factors, including your personal effort, discipline, market conditions, economic environment, and decisions you make. Many people who follow similar principles still face challenges or fail to meet their expectations. By watching or following any content on this channel, you agree that you assume full responsibility for your own financial decisions. I and this channel will not be held liable for any losses, damages, or financial outcomes—direct, indirect, incidental, or consequential—that may result from applying the ideas discussed here. Always do your own research, pray for wisdom, and consult with appropriate licensed professionals before making any significant financial, investment, debt, or lifestyle changes. Biblical principles are presented as I understand them, but interpretations can vary. Thank you for watching. I hope the content encourages and equips you on your financial journey.
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