Part 01: Accounting Basics

Unit 1: Introduction to Accounting Basics, A Story for Relating to Accounting Basics

Unit 2: Income Statement

Unit 3: Balance Sheet – Assets

Unit 4: Balance Sheet – Liabilities and Stockholders' Equity

Unit 5: Statement of Cash Flows, Double Entry System

Unit 6: Sample Transaction

 

Part 02: Accounting Principles & Basics

Unit 1: Introduction to Accounting Principles, Basic Accounting Principles & Guidelines

Unit 2: Other Characteristics of Accounting Information, How Principles and Guidelines Affect Financial Statements

Unit 3: Introduction to Debits and Credits, Double-Entry Accounting, Debits & Credits

Unit 4: T–accounts, Journal Entries, When Cash Is Debited and Credited

Unit 5: Normal Balances, Revenues & Gains are Usually Credited, Expenses & Losses  are Usually Debited, Permanent & Temporary Accounts

Unit 6: Bank's Debits & Credits, Bank's Balance Sheet, Recap

 

Part 03: Financial Accounting

Unit 1: Introduction to Financial Accounting, Double Entry and the Accrual Basis of Accounting, Accounting Principles, Financial Statements, Financial Reporting, Financial Accounting vs. "Other" Accounting

 

Part 04: Bookkeeping

Unit 1: Introduction; Bookkeeping: Past and Present

Unit 2: Accrual Method

Unit 3: Double-Entry, Debits and Credits

Unit 4: General Ledger Accounts

Unit 5: Debits and Credits in the Accounts

Unit 6: Asset Accounts

Unit 7: Liability and Stockholders' Equity Accounts

Unit 8: Income Statement Accounts

Unit 9: Recording Transactions; Bank Reconciliation

Unit 10: Adjusting Entries; Reversing Entries

Unit 11: Balance Sheet; Income Statement; and the Link between

Unit 12: Cash Flow Statement

Part 05: Financial Statements

Unit 1: Introduction to Financial Statements, Where the Amounts Come From, Accrual Method of Accounting

Unit 2: Accounting Periods, Users of the Financial Statements

Unit 3: Income Statement

Unit 4: Statement of Comprehensive Income

Unit 5: Balance Sheet

Unit 6: Statement of Stockholders' Equity, Statement of Cash Flows (SCF)

Unit 7: Notes to Financial Statements, Other Information Pertaining to Financial Statements

 

Part 06: Balance Sheet

Unit 1: Introduction to Balance Sheet

Unit 2: Sample Balance Sheets, Balance Sheet Templates

Unit 3: Balance Sheet Heading, Assets, Current Assets

Unit 4: Long-Term Assets

Unit 5: Liabilities, Current Liabilities

Unit 6: Long-Term Liabilities, Commitments and Contingencies, Stockholders' Equity, Owner's Equity

Unit 7: How the Balance Sheet and Income Statement Are Connected, Notes To the Financial Statements, Making Sure Your Company's Balance Sheet Is Accurate

Unit 8: Monitoring Your Company's Financial Position, Some Limitations of the Balance Sheet, Balance Sheet Should Be Read With the Other Financial Statements

 

Part 07: Income Statement

Unit 1: Introduction to the Income Statement, Revenues & Gains

Unit 2: Expenses & Losses, Additional Considerations

Unit 3: Single-Step Income Statement

Unit 4: Multiple-Step Income Statement

Unit 5: Reporting Discontinued Operations

Unit 6: Earnings per Share of Common Stock, Notes To Financial Statements, Other Income Statement Formats, Comprehensive Income, Effect on Stockholders' Equity

 

Part 08: Bank Reconciliation

Unit 1: Introduction to Bank Reconciliation, Accounting for Cash at the Company, Accounting at the Bank, Comparing Accounting: Bank vs. Company

Unit 2: Checking Account Terminology, Helpful Tip for Bank Reconciliation Adjustments

Unit 3: Company's Process for Preparing its Bank Reconciliation, Sample of a Company's Bank Reconciliation with Amounts

 

Part 09: Cash Flow Statement

Unit 1: Introduction to the Cash Flow Statement, What Can the Statement of Cash Flows Tell Us?

Unit 2: Changes in Cash, SCF Format, 1. Operating Activities, 2. Investing Activities, 3. Financing Activities, 4. Supplemental Info., Balance Sheet Changes, Operating Activities Adjustments

Unit 3: Story to Illustrate, January Transactions and Financial Statements, February Transactions and Financial Statements

Unit 4: March Transactions and Financial Statements

Unit 5: April Transactions and Financial Statements

Unit 6: May Transactions and Financial Statements

Unit 7: Depreciation Expense, June Transactions and Financial Statements

Unit 8: Disposal of Assets, July Transactions and Financial Statements

Unit 9: Earnings per Share of Common Stock, Notes To Financial Statements, Other Income Statement Formats, Comprehensive Income, Effect on Stockholders' Equity

 

Part 10: Accounts Receivable and Bad Debts Expense

Unit 1: Introduction to Accounts Receivable and Bad Debts Expense, Recording Services Provided on Credit

Unit 2: Recording Sales of Goods on Credit, Credit Terms with Discounts

Unit 3: Credit Risk, Allowance Method for Reporting Credit Losses

Unit 4: Writing Off an Account under the Allowance Method, Recovery of Account under Allowance Method, Bad Debts Expense as a Percent of Sales

Unit 5: Difference between Expense and Allowance, Aging of Accounts Receivable, Mailing Statements to Customers

Unit 6: Pledging or Selling Accounts Receivable, Accounts Receivable Ratios, Direct Write-off Method

 

Part 11: Accounts Payable

Unit 1: Introduction to Accounts Payable, An Account Payable is Another Company's Account Receivable

Unit 2: Accounts Payable Process

Unit 3: Related Expense or Asset, End of Period Cut-Off, Accruing Expenses and Liabilities

Unit 4: Adding General Ledger Accounts, Invoice Credit Terms

Unit 5: Early Payment Discounts vs. Need for Cash, Other

Unit 6: General Ledger Account: Accounts Payable

 

Part 12: Inventory and Cost of Goods Sold

Unit 1: Introduction, Cost of Goods Sold, When Costs Change, Cost Flow Assumptions

Unit 2: Inventory Systems, Inventory Systems and Cost Flows Combined, Periodic FIFO

Unit 3: Periodic LIFO, Periodic Average

Unit 4: Perpetual FIFO, Perpetual LIFO, Perpetual Average, Comparison of Cost Flow Assumptions

Unit 5: Specific Identification, LIFO Benefits Without Tracking Units, Inventory Management, Financial Ratios, Estimating Ending Inventory

Unit 6: Methods of Estimating Inventory

 

Part 13: Depreciation

Unit 1: Part 1Introduction to Depreciation

Unit 2: Straight-Line Depreciation

Unit 3: Units-of-Activity Depreciation, Double-Declining-Balance (DDB) Depreciation, Sum-of-the-Years’-Digits (SYD) Depreciation

Unit 4: Selling a Depreciable Asset, Other Information Regarding Depreciable Assets

 

Part 14: Payroll Accounting

Unit 1: Part 1Introduction to Payroll Accounting; Employees vs. Non-Employees; Salaries and Wages

Unit 2: Minimum Wage and Overtime Pay; Federal Insurance Contributions Act (FICA)

Unit 3: Payroll Withholdings: Taxes & Benefits Paid By Employees; Net Pay

Unit 4: Payroll Taxes, Costs, and Benefits Paid By Employers

Unit 5: Depositing Federal Payroll Taxes; IRS Form 941, Employer's Quarterly Federal Tax Return; Outsourcing Payroll Processing

Unit 6: Examples of Payroll Journal Entries For Wages

Unit 7: Examples of Payroll Journal Entries For Salaries

 

Part 15: Accounting Careers

Unit 1: Introduction to Accounting Jobs and Opportunities

Unit 2: Tasks and Responsibilities