Financial Accounting
Start with the accounting equation, debits and credits, journal entries, and financial statements.
Explore course topics →Online accounting help for students
Accounting help, one clear explanation at a time.
From your first journal entry to intermediate accounting, auditing, and tax, learn with Professor Farhat’s step-by-step videos, worked examples, and interactive practice. Find the topic you are studying and build your understanding at your own pace.
No registration or credit card required for the free sample course.
DBA · CPA · CIA · MAcc
Accounting educator · Founder of Farhat Lectures
Support for your college accounting coursesVideo explanationsWorked examplesInteractive practice
Find the subject you are studying
Accounting courses from the foundations onward.
Choose your subject to explore its lessons. Match the chapters and topics to your syllabus, then focus on the areas where you need more explanation or practice.
Managerial Accounting
Understand costs, budgets, and the information managers use to make business decisions.
Explore course topics →Intermediate Accounting
Build a deeper understanding of assets, liabilities, revenue, and financial reporting.
Explore course topics →Advanced Accounting
Work through complex accounting topics with explanations that connect the individual steps.
Explore course topics →Cost Accounting
Learn how costs are measured, assigned, analyzed, and used in planning and control.
Explore course topics →Auditing
Understand audit evidence, internal control, risk assessment, and the reasoning behind audit procedures.
Explore course topics →Individual & Business Tax
Explore Tax I and Tax II, from individual income taxation to corporations and partnerships.
Explore course topics →Governmental & Not-for-Profit
Learn the accounting concepts and reporting approaches used by governments and nonprofit organizations.
Explore course topics →International Accounting
Explore IFRS and accounting issues that arise when businesses operate across borders.
Explore course topics →Taking finance alongside accounting?
Explore Introduction to Corporate Finance and Essentials of Investments.
The sample course is free to explore. Full course access is available through a subscription.
Understand the reasoning
A teaching pace that gives concepts room to make sense.
When a lecture, textbook, or online class leaves you with questions, revisit the topic with an explanation that builds from the basics.
Start with what the concept means.
Build the foundation before moving into calculations, rules, and journal entries.
Follow each step in an example.
See how the facts connect to the solution and why each step belongs there.
Try it yourself, then review.
Use exercises and questions to find what you understand and what needs another look.
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A small example of the approach
Understand the transaction. Then write the entry.
Begin with what actually happened in the business. Identify the accounts, explain how they change, and connect those changes to the accounting equation.
That reasoning gives you something to apply when the next question uses different numbers or different wording.
ILLUSTRATIVE FINANCIAL ACCOUNTING EXAMPLE
A business buys equipment for $2,400 on account.
The equipment is received today. The supplier will be paid later. Which accounts change?
See the reasoning and journal entry
1. Identify what the business receives. Equipment is an asset, so assets increase by $2,400.
2. Identify how it is financed. The business owes the supplier. Accounts payable, a liability, increases by $2,400. Cash does not change.
3. Record both changes. Debit Equipment to increase the asset and credit Accounts Payable to increase the liability.
| Account | Debit | Credit |
|---|---|---|
| Equipment | $2,400 | — |
| Accounts Payable | — | $2,400 |
Check the logic: Assets and liabilities each increase by $2,400. Equity is unchanged, so the accounting equation remains balanced.
Make each study session purposeful
Learn. Review. Practice. Retain.
Use the resources alongside your class, whether you are preparing for the next lecture, reviewing a difficult chapter, or studying for an exam.
Build the foundation.
Watch the lesson and pause to work through the example. Replay the part you need explained again.
Connect the ideas.
Revisit notes, slides, and podcasts. Explain the concept in your own words before moving on.
Apply the concept.
Work through interactive exercises, quizzes, and multiple-choice questions. Investigate why an answer is right or wrong.
Return to earlier topics.
Review previous chapters and combine old and new questions to keep the foundations familiar.
More ways to learn: video lessons · study notes and slides · podcasts · interactive exercises · practice questions · AI study tools
“He breaks down each topic in detail and helps you understand the material with several illustrative examples.”Scott Rothschild, CPA
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Before you start
Questions about accounting help for students
Can I use Farhat Lectures with my college accounting class?
Yes. Use the lessons as supplemental instruction alongside your course. Find the topics on your syllabus, review the explanations, and use the available practice to check your understanding. Your instructor’s assignments and course requirements remain your guide.
Is this suitable for someone new to accounting?
Yes. Start with Financial Accounting and foundational topics such as the accounting equation, transactions, debits and credits, and financial statements. The explanations build step by step so you can revisit the basics when needed.
Do you cover auditing, tax, and advanced accounting?
Yes. The course library includes Auditing, Individual Income Tax, Corporate or Entity Tax, Intermediate Accounting, Advanced Accounting, Cost Accounting, Governmental and Not-for-Profit Accounting, and International Accounting, as well as introductory accounting and finance subjects.
How can I see the teaching style before subscribing?
Open the free sample course, choose a subject, and explore a lesson and its available practice. No registration or credit card is required for that sample course. It is a practical way to see whether the explanations and pace suit you.
Are the lessons live or can I study at my own pace?
The video lessons are on demand. You can pause, replay, and revisit topics as you work through your college course or review independently.
What does a subscription include?
All current plans provide access to the course library and learning resources. Support options differ by plan. View current plans and pricing for the details. Subscriptions renew automatically until canceled.
Start with the topic you need today
See what a clearer explanation can do.
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