Top-rated online Accounting tutor
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Recent online Accounting classes taught by expert tutors
Recently covered in online accounting classes
Kajal taught 19 days ago
Kajal and Paulina's recent accounting lesson delved into present value, bonds, and notes receivable. They meticulously covered calculations for bond prices and the present values of notes, working through various numerical examples. The focus was on applying the relevant formulas and understanding the key distinction between coupon rates and discount rates. Paulina will continue to practice these problems in preparation for their next lesson.
Present Value
Bond
Coupon Rate
Discount Rate
Note Receivable
Kajal taught 21 days ago
Kajal and Paulina's recent accounting lesson delved into the concept of future value, covering simple and compound interest, and annuities. Paulina gained practical experience by applying these formulas to solve various financial problems. She was assigned to review the formulas and practice the numerical problems again, and their next lesson is scheduled to cover present value.
Compounding
Annuity
Compound Interest
Simple Interest
Present Value
Future Value
Kajal taught 23 days ago
Kajal and Paulina delved into loan payment calculations, meticulously drawing timelines and constructing data tables to ascertain payments and total interest. Their accounting lesson also covered a review of journal entries pertaining to sales tax, dividends, and freight. Paulina was given the helpful tip to mark any challenging questions on her test for a subsequent review.
Loan Payment Timeline
Periodic Interest Rate
PMT Formula Components
Freight Out
Dividends Payable
Kajal taught 24 days ago
Kajal and Paulina engaged in a detailed review of financial statement preparation, focusing on the income statement, retained earnings statement, and balance sheet, all derived from a trial balance. Their lesson involved practical exercises in categorizing various trial balance items into their correct financial statements and respective sections. To aid Paulina's continued study of these accounting principles, Kajal provided her with a file containing the discussed formats.
Income Statement Format
Accounting Equation
Relationship Between Financial Statements
Retained Earnings Statement
Balance Sheet Format
Kajal taught 25 days ago
An instructor and a student practiced journal entries for various business transactions, including sales, freight, losses, dividends, depreciation, insurance, and taxes. They also discussed the accounting principles behind each entry. The student, who attends Mills College at Northeastern University in Oakland, will now work on financial statements and send additional questions to the instructor before their next lesson tomorrow.
Debit/Credit Rules
Transaction Recognition
Accrued Revenue/Expense
Unearned Revenue
Depreciation Calculation
Kajal taught Emily 4 months ago
Kajal is tutoring Emily in accounting, economics, and finance, focusing on practice problems and conceptual understanding. They cover topics like capitalizing interest, inventory valuation (LIFO, lower of cost or NRV), depreciation (straight-line, units of production), goodwill, asset sales, vacation pay, warranty liabilities, impairment loss, and capital budgeting. Kajal provides explanations, formulas, and practice materials, while Emily asks clarifying questions. The sessions are nearing completion, and Kajal offers ongoing support through the Wingi app or email.
Units of Production Depreciation
Vacation Pay Expense
Impairment Loss
Goodwill
Straight-Line Depreciation
Inventory Valuation
Journal Entries
Avoidable Interest
How to start learning accounting online?
How can you learn accounting online?
Accounting is the backbone of financial decision-making, essential for businesses and individuals alike. Mastering it opens doors to careers in finance, auditing, and entrepreneurship.
Offline accounting learning faces challenges that limit practical application. Complex concepts like GAAP and IFRS often feel abstract without interactive explanations, while limited practice in handling journal entries and ledger management hampers understanding.
Tax laws evolve quickly, leaving outdated textbooks behind and marginal costing and variance analysis, demand dynamic problem-solving that static lectures rarely provide.
Online tools like accounting simulations, real-time stock market apps, and guided video tutorials help simplify theoretical concepts. Podcasts from finance experts break down market trends.
Online accounting tutors offer personalized assistance for tricky calculations. Online learning allows you to apply knowledge immediately through digital case studies and financial modeling tools.
By leveraging these online resources, you can bridge the gap between theory and practice to succeed in today's financial world.
The advantages of choosing online accounting tutoring
Online accounting tutoring offers you a flexible, tailored approach to mastering accounting fundamentals. With the freedom to schedule sessions at your convenience, you can explore essential topics such as financial accounting, auditing, taxation, accounting standards from anywhere.
You can receive personalized attention to tackle challenging areas like auditing and tax compliance, with real-time feedback and instant doubt resolution.
An online accounting tutor can use interactive videos, visual aids, and software tutorials. These can help you break down abstract concepts into clear, manageable lessons.
They use various online resources, such as detailed case studies and the latest financial news, to support your learning. This personalized approach can give you practical insights and can keep you updated on current financial trends.
Learning accounting online helps you excel in theory and build practical skills. This approach prepares you for a successful career in finance.
How to select a perfect online accounting tutor?
Identify your learning requirements
Begin by assessing whether you need help with foundational accounting principles, complex financial regulations, or specialized topics like tax accounting.
Evaluate tutor qualifications
Search for accounting tutors online who hold a degree in Accounting, Finance, or Business Administration. Look for professional certifications such as CPA, CMA, or CA. Also ensure that tutors are proficient with accounting software like QuickBooks and advanced Microsoft Excel.
Check ratings, testimonials and affordability
Verify the tutor’s credibility by checking if they have 4+ star ratings and positive feedback from previous students. Also check if their lesson cost is within your budget.
Book a free trial
Begin with a free trial to gauge the tutor’s teaching style. If it aligns with your learning approach, continue with regular sessions at an affordable average rate of $28.
Flexible tutor switching
If the tutor doesn’t meet your expectations, use Wiingy’s Perfect Tutor Match Guarantee to switch to an expert online accounting tutor better suited to your learning needs.
Frequently asked questions
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