Accounting Basics - Khan Academy
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What you'll learn
This course includes
- 15.5 hours of video
- Certificate of completion
- Access on mobile and TV
Course content
1 modules • 145 lessons • 15.5 hours of video
Accounting Basics - Khan Academy
145 lessons
• 15.5 hours
Accounting Basics - Khan Academy
145 lessons
• 15.5 hours
- ACCOUNTING BASICS: a Guide to (Almost) Everything 14:13
- Time Value of Money (concept explained) 07:01
- Fair value accounting | Finance & Capital Markets | Khan Academy 02:57
- Future Value of a Single Amount 02:42
- Present Value of a Single Cash Flow 07:33
- Future Value of an Annuity 05:13
- Present Value of an Annuity 08:36
- Present Value of a Perpetuity 03:29
- Dividend Policy: why firms don't pay out all their earnings as dividends 07:12
- The Basic Accounting Equation 06:34
- Debits and Credits 07:43
- Double Entry Accounting 06:09
- Recording a Journal Entry 05:30
- Cash vs Accrual Accounting 08:47
- Practice with Journal Entries 12:05
- T accounts 06:59
- Preparing a Trial Balance 03:56
- Adjusting Journal Entries (Introduction) 05:38
- Adjusting Journal Entries (Prepayment type) 10:00
- Adjusting Journal Entries (Accrual Type) 05:04
- Closing Entries 11:10
- Reversing a Journal Entry 03:18
- The Accounting Cycle 04:03
- The Income Statement, defined and explained 06:24
- Overview of the Income Statement 12:37
- Purpose of the Income Statement 09:14
- Limitations of the Income Statement 08:00
- EPS (Earnings Per Share) explained 07:23
- How to Calculate EPS (Earnings Per Share) 04:29
- Comprehensive Income 05:44
- Other Comprehensive Income 04:33
- Accumulated Other Comprehensive Income 03:09
- Introduction to the Balance Sheet 06:06
- Example of a Balance Sheet 11:01
- Usefulness of the Balance Sheet 05:58
- Limitations of the Balance Sheet 05:00
- Purpose of the Statement of Cash Flows 07:21
- Statement of Cash Flows (Indirect Method) 08:27
- Cash Flow from Operations (Statement of Cash Flows) 10:25
- Cash Flow from Investing (Statement of Cash Flows) 04:16
- Cash Flow from Financing Activities (Statement of Cash Flows) 03:55
- Inventory 07:31
- Perpetual Inventory Accounting 06:42
- Periodic Inventory Accounting 06:47
- Periodic vs Perpetual Inventory Accounting 08:06
- Average Cost Inventory Method 04:11
- FIFO Inventory Method 08:05
- LIFO Inventory Method 08:13
- Advantages of LIFO 08:31
- Disadvantages of LIFO 07:43
- Dollar Value LIFO 12:13
- LIFO Liquidation 09:06
- LIFO Reserve (LIFO Effect) 04:07
- Installment Sales Method in Accounting 12:17
- Cost Recovery Method for Revenue Recognition 07:58
- Percentage of Completion Method (Financial Accounting) 21:46
- Completed Contract Method (Financial Accounting) 11:07
- Percentage of Completion vs Completed Contract Method 07:15
- Capital Stock (Common Stock and Preferred Stock) 06:30
- Common Stock (what it is and how to record it) 06:40
- Additional Paid in Capital (APIC) 03:22
- Preferred Stock (Characteristics and Features) 07:13
- Treasury Stock 04:07
- Stock Split 04:30
- Liquidating Dividend 03:17
- Types of Bonds 09:30
- Accounting for Bonds Issued at Par 04:30
- Amortizing a Bond Premium 15:25
- How to Amortize a Bond Discount 19:17
- Debt Covenants 08:38
- Accounts Payable 03:56
- Contingent Liabilities (Financial Accounting) 03:47
- Asset Retirement Obligation 10:39
- Accounting for Premiums and Coupons 07:39
- Accounting for Warranty Expense 10:49
- Unearned Revenue 05:12
- Accounts Receivable 04:13
- Percentage-of-Sales Method for estimating Bad Debt Expense 05:45
- Aging Method for estimating Uncollectible Accounts 07:37
- Collecting Accounts Receivable Already Written Off 03:47
- Property, Plant, and Equipment (PP&E) 03:51
- Depreciation in Financial Accounting 09:03
- Straight Line Depreciation Method 08:18
- Double Declining Balance Depreciation Method 13:52
- Sum of the Years' Digits Depreciation 10:00
- Depletion (Financial Accounting) 14:20
- Retained Earnings 03:33
- Restrictions of Retained Earnings 02:34
- The Statement of Retained Earnings 03:46
- Current Liabilities 05:11
- Long-term Liabilities in Financial Accounting 04:44
- Short-term Investments in Financial Accounting 04:22
- Long-term Investments in Financial Accounting 03:48
- Prepaid Expenses in Financial Accounting 02:14
- Receivables (Financial Accounting) 03:35
- Cost of Goods Sold (COGS) for a Manufacturing Firm 03:37
- Cash and Cash Equivalents 03:32
- Current Assets in Financial Accounting 06:26
- Noncurrent Assets in Financial Accounting 05:31
- Net Working Capital 03:56
- Stockholders' Equity (Financial Accounting) 03:31
- Debt to Equity Ratio 03:10
- Market to Book Ratio 06:13
- How to Calculate Market Capitalization 04:15
- Cash Debt Coverage Ratio 04:55
- Current Cash Debt Coverage Ratio 04:00
- Quick Ratio (Acid Test Ratio) 03:58
- Current Ratio 05:36
- Altman Z score 03:42
- Liabilities in Financial Accounting 05:36
- Intraperiod Tax Allocation (Financial Accounting) 05:04
- Restructuring Charges (Financial Accounting) 04:30
- Irregular Items (Financial Accounting) 12:05
- Gains and Losses (Financial Accounting) 06:51
- What is an Expense? (Financial Accounting) 06:06
- Revenue, defined and explained 05:14
- Earnings Management 08:25
- Earnings Quality 08:28
- Earnings 03:34
- Financial Accounting vs. Managerial Accounting 08:18
- How to Calculate the Dividend Payout Ratio 06:31
- How to Calculate Inventory Turnover 05:33
- Discontinued Operations in Accounting, defined and explained 07:46
- Extraordinary Items in Accounting, defined and explained 06:12
- Why Firms Buy Back their own Stock 08:51
- Explaining the concept of a Dividend 06:30
- Gross Profit Margin Ratio, Defined and Explained 04:54
- Economic Value Added EVA 04:38
- Intangible Assets in Financial Accounting 03:30
- Goodwill in Accounting, Defined and Explained 06:10
- How to calculate Gross Profit (aka Gross Margin) 02:15
- Assets in Financial Accounting 03:28
- The Difference between Sales and Profit 04:59
- Investments in Equity Securities (pre-2018 U.S. GAAP rule change) 05:43
- Debt Securities-- Trading 05:06
- Available-for-Sale Debt Securities 05:30
- Impairment of Available-for-Sale Securities 07:06
- Held-to-Maturity Debt Securities 07:24
- Equity Method of Accounting for Investments 06:46
- Lower of Cost or Market Rule for Valuing Inventory 06:15
- Lower of Cost or Market Rule Example 04:53
- How to Calculate Net Realizable Value of Inventory 03:22
- How to Calculate Diluted Earnings Per Share using the If-Converted Method 06:55
- How to Calculate Diluted Earnings Per Share using the Treasury Stock Method 05:36
- How to Calculate Diluted Earnings Per Share using the Treasury Stock Method (SHORTCUT APPROACH!) 02:43
