Dr. Daniya Siddiqui
Specialized economics tutor elevating learning with creative method and technology fusion
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Dr. Daniya Siddiqui
Doctorate degree
/ 55 min
About your economics tutor
I am Dr. Daniya Siddiqui, a dedicated Economics educator with a strong academic background in Commerce and over two years of teaching experience. I have taught Economics and various Commerce subjects at both university and college levels, helping students build a solid foundation in economic principles and business concepts. My expertise includes Microeconomics, Basic Economics, and Commerce-related subjects for high school, undergraduate, and college students. I provide personalized lessons tailored to individual learning needs, ensuring that complex concepts are explained in a clear, simple, and engaging manner. I offer comprehensive academic support, including assignment assistance, exam preparation, case study analysis, concept clarification, and practice sessions. My teaching approach combines theoretical understanding with real-world applications, enabling students to develop both academic excellence and practical insight. I am also experienced in supporting students with special learning needs, creating a patient, inclusive, and encouraging learning environment. My goal is to help students gain confidence, improve performance, and achieve their academic objectives. Let’s work together to make your learning journey in Economics productive, enjoyable, and successful.
Meet Dr. Daniya
Dr. Daniya graduated from Jamia Millia Islamia University
Academic expertise of your economics tutor
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Visual learning
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1-yr validity
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Student types for economics class
College students
High School students
Economics concepts taught by Dr. Daniya
The Student and Tutor reviewed various accounting concepts including cash versus accrual accounting, financial statements, working capital, depreciation, and budgeting. They practiced calculating net profit, financial ratios, and adjusted expenses, also discussing strategies to improve cash flow. For the next session, the Student is expected to bring their workbooks to practice specific questions related to these topics.
Cash vs. Accrual Accounting
Working Capital & Liquidity Ratios
Depreciation Methods
The Purpose and Benefits of Budgeting
Profitability vs. Cash Position
Student and Tutor reviewed key financial statements, including the profit and loss account, balance sheet, and cash flow statement. They discussed the differences between cash basis and accrual basis accounting, the importance of cash position versus profit, and defined working capital, current ratio, and depreciation, including calculation methods. The session ended prematurely due to technical issues, and the Tutor requested the Student to book follow-up classes to complete the syllabus.
Financial Statements Overview
Cash Basis vs. Accrual Basis Accounting
Profit vs. Cash Position
Working Capital and Liquidity
Depreciation Methods
The Student and Tutor reviewed the process of preparing financial statements, focusing on trial balance adjustments for accruals, prepayments, depreciation, and GST. They practiced calculating adjusted expenses and net profit, and discussed the components of the Statement of Profit and Loss and the Statement of Financial Position. The Student will share practice assessment questions for the next session, which may be rescheduled.
The Necessity of Year-End Adjustments
Common Year-End Adjustments: Expenses
Common Year-End Adjustments: Income & Depreciation
Goods and Services Tax (GST) Treatment
Statement of Profit and Loss (Income Statement)
Statement of Financial Position (Balance Sheet) & Owner's Equity
The Student and Tutor reviewed the foundational concepts of the accounting cycle, from transactions to financial statements, including journals, ledgers, and trial balances. They also covered various types of financial adjustments, expense categorization, and practiced identifying accounts for financial statements and calculating profit. The Tutor requested the Student share worksheets for the next session's preparation.
Key Adjustments Before Financial Statements
GST Impact and Expense Categorization
Financial Statements: Income Statement & Statement of Financial Position
Ledger Accounts & Trial Balance
Journal & Source Documents
The Accounting Journey: From Transaction to Financial Statements
The Student and Tutor focused on understanding business transactions and their effects on the accounting equation. They covered categorizing transactions into assets, liabilities, equity, revenue, and expenses, and practiced analyzing how specific events impact these accounts. The session also introduced concepts like accounts receivable, accounts payable, and owner's drawings, with the Tutor planning to cover journal entries, ledgers, and trial balances in the next class.
Four-Step Transaction Analysis Method
Distinguishing Five Financial Categories
Cash vs. Credit Transactions
Accounts Receivable vs. Accounts Payable
Owner's Drawings vs. Business Expenses
The Ever-Balancing Accounting Equation
Business Transactions and Financial Position
The Student and Tutor reviewed basic financial accounting concepts, including assets, liabilities, equity, and the accounting equation, before diving into new topics. The session then focused on understanding revenue, expenses (fixed and variable), profit and loss calculations, and how these impact owner's equity. The Student demonstrated strong comprehension through various application-based examples, and the Tutor requested pictures of school assessment questions to help tailor future lessons.
Expenses (Costs of Operation)
Introduction to the Income Statement
Impact of Profit/Loss on Owner's Equity
Calculating Profit or Loss
Revenue (Income)
Learning tools used by economics tutor
Quizzes
Practice worksheets
Assessments
Digital whiteboard
Economics tutors on Wiingy are vetted for quality
Every tutor is interviewed and selected for subject expertise and teaching skill.
