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Award-Winning Accounting Tutors in Indianapolis, IN

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Private In-Home and Online Accounting Tutoring in Indianapolis, IN

Receive personally tailored Accounting lessons from exceptional tutors in a one-on-one setting. We help you connect with in-home and online tutoring that offers flexible scheduling and your choice of locations.

How can Accounting tutoring help you succeed?

Accounting is a course that is focused on the most basic of math, but on a great deal of other rules, regulations, and monetary concepts. Sure, it seems easy enough. All you do is add and subtract lines of numbers, right? Well, that is the bookkeeping aspect of accounting, but to get further into accounting, you may be learning how to make journal entries, transfer them to the general ledger, and produce a plethora of various accounting reports with that information, being always guided by the Generally Accepted Accounting Principles (GAAP). It may be overwhelming and you may find yourself wanting a little more one-on-one time than a large classroom with one harried professor may provide. Varsity Tutors may help you find a tutor in Indianapolis, IN, to try to help you create a study plan that could potentially help you ace your accounting course.

If you are planning to be an accountant one day, you may appreciate the attention given to every last detail that a tutor may provide. Not only that, but if you have already got a good understanding of something, your accounting tutor may not go over it again, wasting your valuable time. Your tutor may have your dreams and desires in mind as they work with you. Maybe you want to own your own business one day, and need help with the basic ins and outs of accounting for a small business. Or maybe you want to get hired by a huge advertising firm in the accounting department. Whatever they may be, meet all of your goals in accounting with the aid of an expert tutor in Indianapolis, IN.

Expert online tutors and live instruction in Indianapolis, IN

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Session Summaries by Accounting Tutors

Accounting Tutoring review by Elnora in Indianapolis, IN
The student and I reviewed an assignment/ assessment that included a combination of different sets of accounting transactions and scenarios. She did a great job and wanted to review certain portions of the activity to ensure that she was on the right track. These areas included journal entries associated with various transactions, adjusting entries, and the development of closing entries. Again, she had performed well with the journal and adjusting entries, and needed clarification related to the closing entries. She is going to continue to study and review the general format. The student also performed well in the assignment areas related to the creation of the income statement, statement of retained earnings, and the balance sheet. There were only a few items that needed to be moved (and this was generally based upon possible formatting recommendations), and two small corrections that enabled the balance sheet to balance. Finally, she successfully completed a matching exercise involving important accounting principles - the only corrections were related to revenue recognition (and recognizing revenue as soon as it earned whether or not cash is received) and matching (and matching revenues with expenses). We also reviewed two discussion questions related to the identification of the inventory policy of a corporation, as well as the calculation of gross profit and the gross profit margin. There was a small difference in the wording of the accounts associated with the company - net sales was shown as net revenue, and gross margin was shown as gross profit. We also clarified the calculation of the percentage (gross margin/ net revenue). Finally, I discussed the impact of LIFO upon taxes and taxable income, and will send a follow up email related to this concept.
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Accounting Tutoring review by Cynthia in Indianapolis, IN
We reviewed the accounting equation and journal entries through practice exercises. We reviewed the revenue and expense recognition principle, and the difference between cash and accrual basis of accounting.
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Accounting Tutoring review by Kevin in Indianapolis, IN
We covered the student's practice quiz for the week. This included questions on: dividend policy, calculations on equity, common stock, and paid in capital. Also, treatment of flotation costs, and IPO proceeds were covered. He continues to demonstrate a good attitude towards his work and appears to be making progress. We have set up a follow-up meeting for this Wednesday night to review his progress on his course project of drafting an annual report's financial statements and footnotes.
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Accounting Tutoring review by Whitney in Indianapolis, IN
We went over financial statements and closing entries. He is a good student, and I think we can make a lot of great progress. Next time we will go over bank reconciliations and merchandising activities.
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Accounting Tutoring review by Linda in Indianapolis, IN
Searched for court cases regarding a situation where a CPA deducted fines paid on behalf of his client when he decided to avoid insurance claims.
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Accounting Tutoring review by Demaris in Indianapolis, IN
We discussed Chapter 1 in the Managerial Accounting course using the notes from the professor. The student was able to recall and explain why the Sarbanes-Oxley Act of 2002 was so important to the US accounting community. We continued covering material in chapter 1 and began chapter 2. I encouraged him again to watch the Enron documentary to better understand what led to some of the reforms in the US banking market.
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