ScreenCasts

ACG 2021
Financial Accounting
On-Line Lectures

• Chapter 1:
  • The Accounting System
  • Types of Business Organizations
  • The Accounting Equation
  • The Financial Statements
• Chapter 2:
  • Processing Accounting Information
  • Accounting Transactions
  • Double Entry Accounting
  • Preparing Financial Statements
• Chapter 3:
  • Accrual Accounting
  • Recording Accruals and Deferrals
  • Adjusted forAccrued Expenses and Revenues (this fixes the problem with the above link stoping at minute 23)
  • Closing the Books
  • Financial Statement Formats
  • Ratio Analysis
• Chapter 4:
  • Internal Control and Cash
  • The Bank Reconciliation
  • Petty Cash, Cash Budget and Cash on the Balance Sheet
• Chapter 5:
  • Short-term Investments
  • Accounts Receivable
  • Notes Receivable
  • Ratio Analysis
• Chapter 6:
  • Inventory and Cost of Goods Sold
  • Recording Inventory Transactions
  • Inventory Cost Methods
  • Principles and Concepts
  • Ratio Analysis (Gross Profit Rate & Inventory Turnover)
  • Gross Profit Method for Estimating Inventory and CGS

• Chapter 7
  • Cost Allocation
  • Depreciation Methods
  • Taxes, Change in Estimate, Disposal of Asset
  • Capital Expenditure
  • Depletion and Amortization
• Chapter 8
  • Current Liabilities
  • Bonds Payable – Concepts and Definitions
  • Accounting for Bonds Payable (Issuance and Interest)
  • Accounting for Bonds Payable (Retirement)
  • Times Interest Earned (Ratio Analysis)
• Chapter 9
  • Corporate Structure
  • Stockholders Equity
  • Accounting for Stock Transactions
  • Retained Earnings and Dividends
  • Stock Values and Book Value
  • Ratio Analysis (ROA and ROE)
• Chapter 11
  • The Income Statement
  • Earnings Per Share
  • Accounting for Income Taxes
  • Statement of Stockholders Equity
• Chapter 12
  • The Cash Flow Statement
  • Cash Flow Statement – Operating, Investing and Financing Sections
  • Preparing the Cash Flow Statement

Second Life HW Assignments:

• Using Notecards (Assignment #1, #2, and #3)

Final Exam Review ScreenCasts

Clicking on one of the links below will open a screencast, developed using Camtasia Studio 4.0. These screencasts are a general overview of the material in chapters 1-8 from a mostly conceptual point of view. In other words there is not a lot of “how to” record various transactions (i.e. debits and credits) in these. Use these as a guide for how much of the material in each chapter you readily can recall. If you are familiar and comfortable with the information in these screencasts, then you can devote more time to studying other areas that you are less comfortable with.

• Chapter 1
• Chapter 2
• Chapter 3
• Chapter 4
• Chapter 5
• Chapter 6
• Chapter 7
• Chapter 8

Note: Currently, chapters 1-2 are on the same screencast, thus the links above will start the same screencast.