Below are the lesson presentation videos. Each lesson is organized in a series of video segments (i.e., Part 1, Part 2, Etc.). Please watch the videos one after another in order. Upon completion, navigate to the next lesson. We strongly suggest you take the practice quizzes as we present them below to test your understanding of the content.
Accounting is the language of business. To become proficient in accounting, you must understand each term associated with each accounting concept. Every lesson has a specific set of words, which will always be listed here at the end of each lesson. Simply click on a word to display the definition within our glossary. We urge you to take the neccesary time to carefully study each term before taking any assessment.
Accumulated Amortization
Accumulated Depletion
Accumulated Depreciation
Amortization
Appreciation
Book Value of an Asset
Capital Assets
Capitalized Cost
Capitalized Expenditure
Copyrights
Depletion
Depreciation
Fair Market Value of a Company
Franchise Rights
Gain On Sale
Goodwill
Improvements
Intangible Asset
Long-Term Assets
Loss on Disposal
Loss on Sale
Natural Resources
Patent
Property, Plant and Equipment
Repairs and Maintenance Expense
Research and Development Costs
Salvage Value
Straight-Line Method
Trademarks
Units-of-Production Method
Useful Life
Below are two additional resources to help you learn the material. The most important of these resources is the Lesson Notes, which we provide via a PDF (see link below). The Lesson Notes contain the important slides of the presentation. We strongly suggest you print out this PDF and follow along during the presentations. Making notes on the slides about key concepts will help you cement the concepts in your mind at a quicker pace. We also provide a supplemental textbook for your review. Most students NEVER use the textbook in this course; however, it is here if you want to refer to a particular concept.
