Accounting I Concept Videos

All videos contained here are short videos (often 2-5 minutes) that explain single concepts. These videos are designed to be included in lecture slides or used for independent instruction. All of these videos are free to use so long as they are embedded and linked back to their original locations on YouTube and credit is given back to Tory Norman and this website as the creator.

Strand 1: GAAP and Business Structures

Intro to Accounting

The Accounting Cycle

Stakeholders

GAAP

GAAP Concepts

Revenue Recognition

Business Structures

Business Types

Strand 2: The Accounting Equation

Accounts

Accounting Equation

Owner's Equity

Chart of Accounts

Accounts Receivable
& Accounts Payable

Strand 3: Double-Entry Accounting

Accounting Transactions

Double-Entry Accounting

Double-Entry & the
Accounting Equation

T-Accounts

Strand 4: Journals and Ledgers

Source Documents

Journal Entries

General Ledger

Correcting Entries

Trial Balance

Identifying Errors Using Math

Strand 5: Income Statement & Balance Sheet

Income Statement
& Net Income

Balance Sheet

Strand 6: Closing an Accounting Period

Closing a Period

Strand 7: Cash Controls

The Fraud Triangle

Internal Controls

Checks

Check Endorsements

Dishonored Checks

Bank Reconciliation

Strand 8: Automated Accounting & Accounting Careers

Accounting Careers

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