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Financial Accounting Fundamentals: Lecture 1 & Chapter 1 Study Notes

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Fundamental Accounting Equation

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    Fundamental Accounting Equation
    02:47
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    Fundamental Accounting Equation
    08:45

The Financial Statements

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    Account Title Classification
    09:57
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    Financial Statements
    06:00

Types of Accounting

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    Types of Accounting: Financial and Managerial
    04:10

Business Organization

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    Business Organization
    06:59

Accounting Flow Intuition: BASE Formula

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    BASE Formula: Accounts Receivable
    08:15
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    BASE Formula: Retained Earnings
    05:34

Revenue Recognition and Expense Recognition

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    Revenue Recognition Principle
    03:24
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    Expense Recognition - The Matching Principle
    04:18

Retained Earnings

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    Retained Earnings and the BASE Formula
    04:45
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    Retained Earnings and the BASE Formula
    05:57

Introduction to the Statement of Cash Flows

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    Statement of Cash Flows
    05:39
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    Introduction to the Statement of Cash Flows
    07:11