Why Students Search for Financial Accounting Tutors Near Me?
Financial accounting is a specialised branch of accounting that involves recording, summarising, and reporting the financial transactions of an organization over a period of time. These transactions are recorded under three financial statements that are the income statement, balance sheet, and the statement of cash flows. In order to prepare these statements, students learning financial accounting need to adhere to the Generally Accepted Accounting Principles (GAAP) to provide consistent information to the investors, creditors, regulators, and tax authorities.
While most of the accounting principles are fairly easy to grasp, students do search for a financial accounting tutor online, since it is the interpretation of these theoretical concepts and their application to numbers that makes the subject difficult for some students. Financial accounting is heavily dependent on the memorization of theories that can further act as a deterrent for students to develop intuitive thinking.
Students also search for financial accounting tutor online since classrooms are choc-o-block with students, and the professors cannot give individual attention to them to clear their doubts. Moreover, teachers bombard the students with a lot of information that can be difficult to process all at once. Also, students who are not good with numbers struggle to keep up in the class. In the end, they have no option but to memorize the procedures without a clear understanding of the concepts behind them and fail to apply these concepts to real-world challenges.
However, those who wish to make a career in financial accounting need to dwell deep into the theories and end up searching for the financial accounting tutors near me to help them pick up the pieces and develop a holistic understanding.
Fine Grades, as the largest community of private tutors, is helping hundreds of such students to solidify their concepts in financial accounting by providing them access to the best of accounting tutors online.
Can a Tutor for Financial Accounting Help Me?
A financial accounting tutor online can be the best bet for students who wish to focus on their areas of improvement, prepare a solid study plan, build a strong foundation in account ting theories, and improve the confidence and proficiency in accounting skills. Since students are heavy internet users already, why not take the help of the web to find a tutor online? A simple online search for financial accounting tutors near me can connect you to the best financial accounting tutor online at Fine Grades.
Studying with a financial accounting tutor online gives you the liberty to learn in a one-to-one setting and focus on the key areas where you feel you need extra help. Whether you are beginning with the basics and want to understand cash flows in detail, or taking an advanced course in financial accounting, a financial accounting tutor online can cater to all requirements. In addition to completing your course syllabus, a tutor for financial accounting can also help you with your classroom assignments, provide additional study material, and give you constructive feedback to improve before your final submission.
Another benefit of learning with an online tutor for financial accounting is that you get to learn at your own pace. You can clear all your doubts without hesitation as there is no time constraint or any rush to stick to the syllabus. Since you learn in a private setting without any distraction, you can dig into a topic in detail to reinforce your basics as well as catch up on more complex theories.
As accounting uses a good amount of math, a financial accounting tutor online can take the help of the interactive whiteboard at Fine Grades to explain the formulae step-by-step such as calculating compound interest or depreciation methods. Your financial accounting tutor can especially devise a study plan to give you enough practice in creating balance sheets or cash flow statements so that you feel more confident in your class and are thoroughly prepared for your midterms or finals.
Since financial accounting involves a myriad of accounting theories, students searching for financial accounting tutors near me can also seek a tutor’s help to get more organized in their approach towards the subject. Besides sharing relevant study material, a Fine Grades financial accounting tutor can also suggest you the right way to create labeled folders to store these resources so that you can access the required notes faster.
Can a tutor for Financial Accounting Help Me Prepare for Exams?
A tutor for financial accounting at Fine Grades can help you solidify your accounting principles by giving you multiple practice exams. Your financial accounting tutor can also plan short quizzes and trivia games at the beginning of each tutoring session to revise the topics covered in the previous sessions. This will help you cement your concepts at every step so that you do not need to burn the midnight oil before the exam day memorizing all the financial accounting theories. Besides covering the exam syllabus, your tutor for financial accounting can also give you useful tips on time management for standardized exams.
If you are experiencing exam jitters, you surely would have searched the internet by now for ‘financial accounting tutors near me’. Whether it is your semester exams, CLEP Financial Accounting to earn college credit, or the CPA exam to become a Certified Public Accountant, a private financial accounting tutor can make a huge difference in your exam preparation.
CLEP Financial Accounting Tutor
At Fine Grades, you can take the help of a qualified financial accounting tutor online to develop an in-depth knowledge of the financial accounting concepts through tailor-made exam tutoring. Whether you need to develop confidence in cash and internal controls or want to study the accounting cycle in-depth, a tutor for financial accounting can plan personalized sessions depending on your focus areas. Also, a lot of students opt for self-study to prepare for CLEP Financial Accounting. An online tutor for financial accounting can help you stay focused and enhance your test-taking skills to achieve a good score.
Can My Tutor Help Me with CPA Exam?
CPA is a crucial exam for students planning a career in accounting. Since financial accounting and reporting is one of the four sections of CPA, students often search for ‘financial accounting tutors near me’ to prepare for their CPA certification. While the scope of the exam is vast, a financial accounting tutor can provide you focused lessons in financial reporting and financial statement accounts. Since Fine Grades also has CPAs as online tutors, they know the exam format in and out and can, therefore, create a dedicated study plan to crack the exam and increase your overall efficiency.
Concepts Covered By Financial Accounting Tutors
Since financial accounting is heavily dependent on principles, students searching for ‘financial accounting tutors near me’ reach out to our tutors to develop a clear understanding of the following topics:
- Income statement
- Balance sheet
- Statement of cash flows
- Accounting equation
- Cash vs. accrual accounting
- Double-entry accounting system
- Generally Accepted Accounting Principles (GAAP)
- Compound interest
- Effective interest rate
- Debits and credits
- Buying and selling inventory
- Costing inventory
- Internal controls and cash
- Depreciation and amortization
- Profit and loss statements
- General and subsidiary ledgers
- Receivables
- Bank reconciliation
- Debt and equity investments
- Cost flow methods – FIFO, LIFO, and Weighted Average Methods
- Statement of retained earnings
- Liquidity, solvency, profitability and growth ratios
- Adjusting and closing journal entries
- Revenue recognition principle and the matching principle
- Issuance of bonds
- Financial statement analysis
- Forensic accounting
Financial Accounting Can Offer Lucrative Careers
Our tutors at Fine Grades are experts in the field and can counsel you for selecting the right career path based on your interest and command over the subject. Their years of industry experience can help you get answers to all your career-related queries before you decide upon your accounting specialization.
Students undertaking a degree or specialization in financial accounting can find fulfilling careers both in the public and private sectors. Some of the key roles performed by a financial accountant include:
- Preparing financial statements and reports
- Advising investment practices and strategies to businesses
- Analyzing and communicating a company's financial status with external audiences
- Staying updated on the latest economic trends that affect financial decisions
The different job roles that you can explore with a degree in accounting include:
- CPA
- Financial Analyst
- Financial Accountant
- Comptroller
- Financial Manager
- Financial Planner
- Tax Consultant
- Budget Analyst
- Public Accountant
- Cost Estimator
- Auditor
- Tax Preparer
- Bookkeeper
- Cost Accountant
- Real Estate Appraiser
- Forensic Accountant
Why Choose a Financial Accounting Tutor Online At Fine Grades?
Certified Financial Accounting Tutors
Every financial accounting tutor online at Fine Grades is selected after stringent screening. We select only those tutors, who demonstrate a firm command over the subject, hold an excellent academic record, and can enrich the tutoring sessions with their extensive industry experience. We also have onboard U.S. Certified Public Accountants who can provide you hand-on experience in financial accounting to develop the required skill-set and can guide you well to fulfil your career goals.
Customized Tutoring Service
At Fine Grades you get customized private tuitions online to supplement your classroom studies as well as to improve on the topics in which you lack confidence. Our tutors are fully dedicated to improving your learning graph and will attempt to explain to you complex concepts in a much more simplified manner. Our financial accounting tutor online will begin the session by first understanding your learning style, your comfort in the subject, and your academic/professional goals. Based on your requirements, they will use a mix of teaching methodologies to provide you seamless learning and quicker knowledge transfer.
Tutors at Fine Grades are extremely patient, so you can feel free to ask them any questions anytime. They understand that each student is unique and has different aptitudes; no matter how much time it takes, they will not jump to the next topic until you are crystal-clear with a concept. Our tutors let you have complete control over your tutoring sessions. But, at the same time, they also ensure that you complete the syllabus well in advance and have ample time for revision so that you are better prepared for your exams at the end of your tutoring sessions.
Live Learning Platform
Online tutoring via our Live Learning Platform allows you to learn with your tutor in a one-to-one setting in the comfort of your homes. Fine Grades is also available on cross-platforms so you can undertake your tuitions even on a smartphone or a tablet. You can take advantage of the interactive whiteboard to create financial statements along with your tutor and they can correct you at any step. To help you keep a track of your learning, every tutoring session undertaken on our online platform is recorded and serves as a database for you if you need to revisit any topic later.
Flexible Study Time
Our tutors for financial accounting are extremely flexible and adjusting with their schedules and can provide tutoring as per your availability. Therefore, students pursuing financial accounting need not compromise on their other commitments as they can reach out to a tutor at Fine Grades anytime anywhere.
Fine Grades Believes in Global Education
We aim to democratize learning by creating an easy-to-access online platform for students and tutors residing in different parts of the globe. Students who need extra help in financial accounting no longer need to be dependent on the private tutors in their area since they can now study with experts independent of their locations.
24*7 Online Support
Our support team is very proactive and is available 24*7 for all sorts of academic requirements. Even if you are stuck at a concept a day before your exam you can reach out to our team and they can arrange an online tutor for you in no time.
Affordable Prices
Fine Grades endeavours to provide access to affordable education to all its students. Keeping every budget in mind, we provide tutoring sessions at reasonable and competent prices. You also do not need to block a big amount in advance since at Fine Grades you only pay for the number of sessions you undertake. Also, unlike other tutoring sites, you do not need to share your credit card details to book a free demo with us.
Great Reviews
We take immense pride in the feedback we have received from our clients. Students across the world have had some great things to say about our transparent tutoring services, and we have strived to stay true to our promises.
So if you have made up your mind to learn online, let your search for a financial accounting tutor online end here. Book a free demo with Fine Grades today!