ACCT 201A at California State University--Fullerton

Videos

1 The Accounting Equation
The most fundamental part of accounting is the Accounting Equation: A = L + OE. We'll go over what it is, why it matters, and even touch a little bit on Double Entry Accounting.
3:02
2 Assets vs Liabilities
Here we tackle the first two parts of the Accounting Equation: Assets and Liabilities. What do those words actually mean? How are they the same? How are they different? We'll find out!
5:32
3 Shareholder's Equity
Shareholder's Equity, or Owner's Equity, is the third pary of the Accounting Equation. It's made up of two different components, and we'll look at both of them.
5:26
4 The Balance Sheet
The Balance Sheet is a financial statement used to show a company's assets, liabilities, and equities at a single point in time. It is, most literally, the accounting equation.
5:52
5 The Statement of Retained Earnings
The Statement of Retained Earnings show how a companies Retained Earnings has changed over the year. We'll talk about what Retained Earnings is and how the statment of RE works.
5:51
6 The Income Statement
The Income Statement is pretty straightforward, which makes me think that you're going to love it. Revenues and Expenses, that's pretty much it.
6:19
7 The Statement of Cash Flows
The Statement of Cash Flows is broken up into a few differenct sections, but it's basically just a statement describing how our cash position changed over the year.
6:02
8 How the Statements Work Together
All these statements... How do they work together? Where do I start? It's not terribly complicated. Let me show you.
9:02