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Accounting 101 with Jimmy Stewart

James Stewart

Accounting 101 Podcast by James Edward Stewart, CPA/ABV, CFE

PublishesWeeklyEpisodes18Founded7 years ago
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I've read a lot of boring stuff so that you don't have to! Today we will summarize some of the useful information in the FASB Concepts Statements and other literature. 

This information will be useful as you move along to more advanced levels of ac... more

Example: You own a sole proprietorship. For this period, you had revenue of $100,000, wage expense of $40,000, and computer expense of $30,000 (net income of $30,000). You also contributed $10,000 to the business this period.

Step 1 – Transfer Reve... more

Today we will go over the adjusting process. This is where we make our adjusting journal entries to get from our unadjusted trial balance to our adjusted trial balance, which contains the figures we use on the financial statements and tax returns.

more

Today we will discuss the accounting cycle. This is the process taken each period to record transactions, prepare the financial statements, and to reset the temporary accounts to zero for the next period.

Keep in mind that the steps you may see in ... more

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Reviews

4.9 out of 5 stars from 1.1k ratings
  • Great Podcast

    Explains sometimes complicated topics in a way that focuses on what is most important to know and prioritizes learning, not just memorization.

    Apple Podcasts
    5
    CPA_Hopeful
    United States2 months ago
  • Great Refresher

    Jimmy has a pleasant voice to listen to

    Jimmy breaks down accounting 101 sweet and simple

    Apple Podcasts
    5
    Bookkeeper 12 years
    United States2 months ago
  • Love!

    Love this podcast, it’s real, raw, genuine and helpful. Explained in a way a text book never could. 10/10 recommend.

    Apple Podcasts
    5
    princessnerdgasm
    United States2 months ago
  • Great break down

    Love how James explains everything and breaks down one by one!

    Apple Podcasts
    5
    klova27
    United States4 months ago
  • Explains the “whys” of accounting

    I started taking a basic accounting class online recently. I find the word problems to be fun and easy to understand. Yet I find understanding what type of account goes on which sheet to be complicated. I read the accounting textbook and completed the homework, but I am guessing the answers. This text did not give me the basic underlying principles. But this podcast does! Congratulations on explaining the counterintuitive “whys” for newbies like me!

    Apple Podcasts
    5
    Ukejen
    United States2 years ago

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2. PwC's accounting podcast
3. Rich Habits Podcast
4. NerdWallet's Smart Money Podcast
5. The Investing for Beginners Podcast - Your Path to Financial Freedom

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Accounting 101 launched 7 years ago and published 18 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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