Muskan Kundra
Embark your fun learning journey of accounting with a dedicated tutor support and expertise.
Show all photos
Muskan Kundra
Masters degree
/ 55 min
About your accounting tutor
I am muskan Kundra with more than 7 years of online and offline teaching experience. I hold the experience of teaching accounting subjects to indian and USA students. I ensure my teaching style caters to the learning pace of students. I can help you understanding basic concepts of financial, cost and managerial accounting. Along with that, i can help you solve homework quesions and ace your skills of using accounting software and excel for solving the case studies. Let’s pace this learning experience and make accounting a fun learning journey. Furthermore, my teaching style of Accounting is practical, structured, and student-focused. I believe that Accounting is best learned through understanding concepts clearly and then applying them through regular practice. Therefore, I aim to create a learning environment where students feel confident in dealing with numbers and financial concepts. I begin each topic by explaining the basic concept in a simple and logical manner. Accounting involves many rules and formats, so I ensure that students understand the “why” behind each concept rather than just memorizing procedures. For example, while teaching journal entries or ledger posting, I explain the reasoning behind debit and credit so that students can apply the rules correctly in different situations. Practice plays a key role in my teaching style. After explaining a concept, I provide multiple examples and gradually move from simple to complex problems. This step-by-step approach helps students build confidence and accuracy. I also encourage students to solve questions on their own and then discuss the solutions in class to clear any doubts. I make use of real-life examples to connect Accounting concepts with practical situations.
Meet Muskan
Muskan graduated from Scd government college, Ludhiana
Specialities of your accounting tutor
Exam prep
Case study discussions
Accounting software training
Visual learning
Understanding financial statements
CoTutorAI modules
Summary
Podcast
Quiz
Learnings
Flashcard
Spotlight
Zero Risk Guaranteed
15-days refund
Free tutor swap
No cancel fee
1-yr validity
24/7 support
Students for accounting class
Accounting for beginners
Accounting for intermediate
Accounting for adults
Muskan - Accounting tutor also teaches
Accounting
Financial Accounting
Managerial Accounting
Accounting Ethics
Accounting Standards
Cost Accounting
Accounting concepts taught by Muskan
The Student and Tutor worked through several problems related to international trade in Economics, focusing on equilibrium price and quantity, export supply, import demand, and gains from free trade. They then analyzed the impact of a tariff on world prices, volume of trade, and consumer welfare. The Tutor will share additional calculations for the student to review before their exam.
Welfare Analysis: Consumer Surplus Changes with Tariffs
Impact of Tariffs on Trade
Graphical Analysis of Trade Gains
Calculating Gains from Free Trade
Free Trade Equilibrium Determination
Market Equilibrium & Trade Functions
The Tutor and Student revisited biased growth concepts before diving into the multifaceted impact of tariffs on consumer surplus, producer surplus, government revenue, and overall welfare. They explored theoretical effects, including the concept of deadweight loss, and then practiced solving algebraic numerical problems to determine equilibrium price and quantity, as well as the effects of a specific tax on prices and quantities. The Student was assigned practice problems for homework, including solving for import and export demand equations.
Algebraic Derivations in Tariff Analysis
Deadweight Loss: Welfare Implications of Tariffs
Import Demand & Export Supply Equations
No-Trade Equilibrium
Consumer and Producer Surplus Fundamentals
Tariff Impacts on Economic Stakeholders
The Student and Tutor practiced reconciling actual and budgeted gross profit using various variances. They specifically reviewed the calculation and interpretation of Sales Price Variance, Cost Price Variance, and Sales Volume Variance through practical examples. The Tutor assigned a similar question for the Student to practice as homework, to be submitted via chat.
The Reconciliation Equation
Determining Favorable/Unfavorable Status
Sales Volume Variance (SVV)
Sales Price Variance (SPV)
Cost Price Variance (CPV)
Gross Profit Reconciliation (GPR)
The Student and Tutor engaged in a detailed accounting session, primarily focusing on variance analysis and its practical application. They reviewed key concepts like EBIT and NPBT, practiced calculating various financial variances using a case study, and discussed strategies for identifying and addressing unfavorable financial outcomes. The Student was encouraged to continue practicing similar questions and may schedule another revision session before their upcoming exam.
Key Profitability Metrics: EBIT & NPBT
Sales Volume Variance
Cost Price Variance
Variance Analysis Fundamentals
Sales Price Variance
The student and tutor worked through a financial accounting problem focusing on the preparation of the Statement of Changes in Equity and a Balance Sheet extract. They practiced calculating retained earnings, share capital, and asset revaluation reserves, and discussed the impact of dividends and share issuances. The tutor provided the student with a shared file for revision.
Retained Earnings
Statement of Changes in Equity
Share Capital and Premiums
Dividends
Asset Revaluation Reserve
The tutor and student reviewed the Standard Trade Model, its assumptions, and its application in analyzing the impact of trade on relative prices, welfare, and economic growth. They discussed iso-value lines, the terms of trade, and the effects of biased growth and trade policies like tariffs and subsidies on national welfare. The next sessions will focus on diagrammatic practice and further revision of these concepts.
Standard Trade Model Assumptions
Relative Prices
Supply
and Demand
Isovalue Lines and PPF Interaction
Terms of Trade and Welfare
Biased Growth and Its Effects
Classroom tools used by accounting tutor
Quizzes
Financial planning tools
Graphing & charting tools
Video conferencing
Excel/Google sheets
Digital whiteboard
Accounting tutors on Wiingy are vetted for quality
Every tutor is interviewed and selected for subject expertise and teaching skill.