Recent Tutoring Session Reviews
"We discussed aspects of the income statement; the student asked questions that arose from reading the chapter. I reviewed some exercises with him that required identification of revenue and expense recognition. I explained accrual accounting, using several different examples. He grasped the concepts well."
"We reviewed the student's homework assignment and answered a problem set related to the accounting process. As most people do, the student has the problem remembering whether an account is to be debited or credited, but I was able to give the student one of my quick tricks to helping simplify the rules."
"We had a productive session and covered a homework assignment that involved the horizontal and vertical analysis process, ratio calculations (with a total of ten), and breakeven determination (focusing on breakeven in units and dollars, as well as changes associated with increases in fixed expenses and profit expectations). The student had already calculated the values related to the areas of horizontal and vertical analysis, and I verified she was on the right track. We took some time to cover the ratios and verified formulas and their approach, as well as the break even formulas. I shared several helpful resources."