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Mariya Breyther

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Chris Sorensen

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Chris Sorensen & Ammul Shergill

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George Levy

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Michael Hartl

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Confused by balance sheets, income statements, or debits and credits? Get accounting concepts broken down step-by-step to build confidence for assignments and exams.

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Brian Krogol

1. Introduction to Accounting

2. Transaction Analysis

3. Accrual Accounting Concepts

4. Merchandising Operations

5. Inventory

6. Internal Controls and Reporting Cash

7. Receivables and Investments

8. Long Lived Assets

9. Current Liabilities

10. Time Value of Money

11. Long Term Liabilities

12. Stockholders' Equity

13. Statement of Cash Flows

14. Financial Statement Analysis

15. GAAP vs IFRS

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This Financial Accounting study guide covers income statements, equity, and balance sheets with practical examples for mastering core accounting principles.

Financial Accounting Study Guide: Key Concepts & Examples

Preparation and Analysis of Basic Financial Statements: Income Statement, Statement of Stockholders' Equity, and Balance Sheet

The Financial Statements

Retained Earnings

Classified Balance Sheet Components

Fundamental Accounting Equation

Preparation and Analysis of Basic Financial Statements: Income Statement, Statement of Stockholders' Equity, and Balance Sheet

Study Guide - Learn with Videos

The Financial Statements

Retained Earnings

Classified Balance Sheet Components

Fundamental Accounting Equation