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KENILWORTH Accounting tutors

Book Top-Rated Accounting Tutors Near Me In KENILWORTH, IL

Our KENILWORTH Accounting tutors are top college students and graduates from local area universities. They have an average GPA of 3.5 or higher in their areas of tutoring specialization. At Frog Tutoring, we work with students in all grade levels and our KENILWORTH private Accounting tutors provide customized one on one in-home tutoring through our proven three step approach to academic success.

1.Bring student up to speed by reviewing past work to ensure they are not missing any important concepts that might affect their abilities to learn future lessons. 2. Keep student ahead of the class by using the teachers lesson plan, textbook, and online curriculum to cover lessons before it is taught in class. 2. Reinforce key concepts they might have missed. This ensures they will never be behind again. Your tutor will also help with organization, study skills, and note taking strategies.
Your KENILWORTH area Accounting tutor will also track student progress through detailed session reports which will be available to you at the end of each tutoring session. If it is okay with you, your tutor will contact your child's teacher, for K-12, to get a more detailed understanding of what they are struggling with and also to make sure that he/she and the teacher are both on the same page in their approach to tackling the problem.

Browse our list of qualified Accounting tutors below. If you are in need of an Accounting tutor in KENILWORTH, please call us or simply go to the tab above and Request a Tutor and let us help provide the understanding and assistance needed for success.

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List of High-Achieving Accounting Tutors Near Me In KENILWORTH, IL For In-Person & Online Tutoring


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CP
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Taitana Has tutored my daughter in math and english, she has my daughter think differently in problem solving and expanded her vocabulary. She never gives you the answer but helps you solve a problem together for my daughter to understand why the problem or word is not correct. Will request her...

NB
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So far so good

ER
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Very encouraging, and I enjoy working with her

CO
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My son has been with Barjeana for a few sessions now and loves her! She is so knowledgeable and patient. Best of all she makes the sessions fun and interactive. He struggles with focus, but she keeps him engaged in the session and on track. He looks forward to his tutoring with Ms. Barjeana. ...

IB
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He was great and very knowledgeable on the subject of chemistry, however there was a language barrier

GG
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Excellent tutor! He is very knowledgeable of the content! Our son has improved his grades since he started with Mr. Lopez!

KW
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Mario takes his time explaining each concept. I am finally understanding the subject and my test grades have approved drastically.

DY
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Excellent experience. Very good teacher

AJ
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I think Lisa Chaney is a great tutorial but I also think Corwon need a little more practice.

JB
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Hi my name is Jarian Brooks and I would recommend Greg to anyone who needs tutoring. I'm very pleased and very happy with the changes in my daughter with Greg.

DH
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McKenna has a good grasp of the AP pre-calc work that my daughter is work that my daughter is doing. She's able to help explain in a way that makes sense and has resulted in a benefit of my daughter turning her grades around significantly. I would gladly recommend McKenna for tutoring AP...

NH
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Carols warmth, experience and ability to truly connect with children is priceless. So happy we chose Frog tutoring!!!

KP
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Jade has a talent for working with school students. She is meticulous in her planning and focuses on helping children improve in specific areas. I highly recommend her teaching methods. Additionally, she is proactive in informing us of any potential issues in advance. We truly appreciate her...

RS
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she is so patient and very interactive, my son needs to be engaged and shes
doing great in that regard.

RS
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wonderful experience, my son likes lisa, shes taught him things he didnt know before and he is more confident.

Ya
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{not commented yet}she is very professional and patience with my son I like the strategy she use working with him. She have great knowledge on tutoring

PM
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Fabulous. Olivia is engaging, knowledgeable, and a delight to work with. Highly recommend. Always punctual. Always reliable. Always helpful. Competent with both homework help and direct instruction.

HC
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Very helpful

HC
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Jade deserves thousands of stars. Best tutor I have ever had. She explains things in a clear concise manner. He knowledge base is amazing. She is amazing and I am so grateful for her help!!!!!!

IR
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Gregory excels as a tutor, demonstrating a genuine passion for teaching and a deep commitment to facilitating student learning. He meticulously delves into the intricacies of concepts, ensuring a thorough understanding by students. Gregory effectively uses examples to actively engage students in...

NM
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Jessie has been awesome with my kids. My daughter struggled with math last year, and Jessie got her completely up to speed in being an A student!

NY
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{not commented yet}
Carol was wonderful. My child has a lot of energy and Carol was able to work with her and engage her in the lesson. Carol has so many ideas and resources at the ready to shift my child's focus back to the lesson. I'm looking forward to continuing with these sessions...

KC
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Very helpful and thorough when working with my son. She was very knowledgeable and could convey my son's learning material in a way that he understood. He went from AB Honoroll to A Honoroll! Thank you, Olivia!

RS
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We had a few sessions with Ms. Barron virtually and it was amazing to see how creative she was explaining the reading concepts to my 5 year old. We initially had some technical difficulties but she did a great job with improvising to ensure my daughter had a productive session. overall, i enjoyed...

RS
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Mr. Forster has been amazing for my 7 year old daughter. I requested tutoring primarily to help her with math. Coming out of first grade, she seemed to be struggling a little so over the holidays, i started her on tutoring to prepare her for 2nd grade. Over the past few months, her knowledge and...

LW
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AJ was very patient and knowledgeable of the content. He provide a very detailed and concise explanation with care which helped to ease my anxiety about math.

AP
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Kevin has been absolutely wonderful and patient while helping me prepare for my upcoming TEAS test exam. He explains things very thoroughly and takes time to make sure that I really understand the material being presented. I am very happy to have him as a tutor and he has helped me with a lot in...

JS
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Izzy was a great tutor. She clearly knew the subject matter.

TR
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Paul was knowledgably and friendly. He was always flexible, and worked around what was convenient for me.

D.
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great on helping me understand key concepts and helped with providing practice which allowed me to excel in my class

D.
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helped with my understanding of code and was able to do a great job on the AP exam

Es
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Very humorous and fun approach to physics. He makes physics interesting to learn.

AM
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I loved working with her. She set up a very comforting environment for me and was extremely understanding of anything I struggled with, not only that but I enjoyed being able to converse with her on how my brain works during tests and she gave me the appropriate amount of advice to overcome my...

KR
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Varre has done a wonderful job of tutoring my high school junior in both AP Physics and accelerated junior year math (Precalculus.). Prior to working with Varre, my son’s grades had been slipping and he was struggling with the concepts in both courses. Varre worked with him for a few weeks and...

SF
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Francisco is a wonderful tutor. My son is in college and we have used Frog Tutors off and on through high school and a couple of times since he's been in college. Francisco is not only very knowledgeable but the way he presents the material and re-teaches concepts is incredible. My son was...

NM
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Alex was my tutor for my Fall 2023 OSM 202: Intro to Business Analytics Course. He was always available, energetic, and open to all situations. We encountered a difficult situation in this course almost on a weekly basis and even when I became very frustrated, Alex knew how to calm me down. I...

AR
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Anthony has been encouraging and kind to our son who has severe adhd. Anthony has a large knowledge base and present material thoughtfully and thoroughly.

LM
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Great!!!!!

DC
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He's an icon to society and singlehandedly carried my calc II grade.

KR
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I’ve been studying for my HiSET GED exam for five months now and have been through multiple tutors already so I was glad to pair with Marthe. She has helped me so much, she is very efficient at helping me understand the ELA, Mathematics, Science and other topics especially with the longer word...

MP
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Everything is great.

CE
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Zara has been wonderful with our daughter Brooke. She is helping her boost her confidence and working with her on study tactics. She got a 100% on her recent biology test. Brooke is more motivated to study as well.

se
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very professional and very helpful.

JR
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She was wonderful to work with and very knowledgeable.

JS
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Corinna is very patient, especially when dealing with a frustrated student, and her skill at pinpointing where her students are struggling is remarkable. We can't recommend her enough.

AM
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Lorelei is prepared, professional and a great teacher, Thanks Lorelei!

AT
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Was able to help me understand my homework and how to solve my college algebra math problems.

WB
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great tutor, understood the material and presented it in an easy to understand format.

KO
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William is a very knowledgeable Tutor in Java, who is also very dependable to students like me, who were really struggling to grasp the college content. He ensured that I was ready to pass the class and he was very available even at short notices. I recommend him!

AJ
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He was amazing. Since my last structures course. Sadly I didn't get to pass but He was definitely helpful

Qualification and Certification of Accounting Tutors Near Me In KENILWORTH, IL


  • Undergraduate
  • Bachelor degree holders
  • Master degree holders
  • Ph.D. holders
  • Teaching Certification
  • Professional Certificate
  • Background checks
  • Tutoring experience
  • Continuous education
  • FrogTutoring verification certification

KENILWORTH, IL Accounting Tutoring Rates


  • Price range from $37/hr - $65/hr
  • Rates vary based on the type of tutoring, methods used, and the number of hours required.
  • Contact our enrollment team to receive your personalized rate.

Tutoring Methods of Our Private Tutors In KENILWORTH, IL


  • In-person/in-home tutoring
  • Online tutoring
  • One-on-one tutoring
  • Group lessons tutoring.

Tools We Use For Online Accounting Tutoring


  • Zoom
  • FrogTutoring custom online tutoring platform
  • The Lesson space

Our Accounting Clientele In KENILWORTH, IL


  • High school students
  • Middle school students
  • College students
  • Adults
  • Special needs students

Tutoring Locations For Accounting In KENILWORTH, IL


  • Student homes
  • Public Libraries
  • KENILWORTH neighborhoods and suburbs

Sign up now for our one-on-one private Accounting tutoring in KENILWORTH, IL


KENILWORTH, IL Tutoring FAQ

What are the best tutoring services in Kenilworth, IL?

When searching for the best tutoring services in Kenilworth, IL, parents and students have several reputable options. FrogTutoring stands out as a top choice due to its personalized learning plans, qualified tutors, and flexible scheduling. They offer in-depth assistance for a wide range of subjects and cater to different learning styles, ensuring that each student's unique needs are met effectively.

How do I find a qualified tutor in Kenilworth, IL?

Finding a qualified tutor in Kenilworth, IL can be simplified by using services like FrogTutoring. They meticulously screen their tutors to ensure expertise in various subjects. To match with a qualified tutor, simply visit their website, specify your educational needs and preferences, and FrogTutoring will connect you with a tutor who has the knowledge and teaching experience tailored to your requirements.

Are there any tutoring programs for SAT prep in Kenilworth, IL?

Yes, there are tutoring programs in Kenilworth, IL that can help with SAT prep. Among these, FrogTutoring offers comprehensive SAT preparation courses. Their programs include personalized lessons that focus on test-taking strategies, critical thinking, and academic knowledge required to excel on the SAT, complemented by practice tests and feedback to track progress and adapt learning strategies.

Can I find math tutoring for high school students in Kenilworth, IL?

Math tutoring for high school students is readily available in Kenilworth, IL through educational services like FrogTutoring. They provide expert tutors for all levels of high school math, from algebra to calculus, ensuring that students receive the help they need to succeed in their studies through customized lesson plans and one-on-one sessions.

What options are there for online tutoring in Kenilworth, IL?

Online tutoring is a versatile option for students in Kenilworth, IL, and services like FrogTutoring offer a range of online tutoring solutions. They utilize interactive and innovative platforms, which allow students to connect with talented educators remotely. This format provides convenience, flexibility, and access to a broader selection of subject-specific experts, ensuring that students can learn effectively from the comfort of their homes.

How can I improve my child's reading skills with tutoring in Kenilworth, IL?

To improve your child's reading skills with tutoring in Kenilworth, IL, enlisting the help of FrogTutoring can be highly beneficial. They provide targeted reading programs designed to enhance comprehension, vocabulary, and fluency. Tutors work one-on-one with students, focusing on their individual strengths and weaknesses, to foster a love for reading and boost their confidence.

Accounting FAQ

What is accounting tutoring?

Accounting tutoring is a form of personalized instruction focused on the subject of accounting, which includes understanding financial statements, bookkeeping, tax principles, auditing, and various accounting practices and standards. It is designed to help students and individuals gain a deeper comprehension of accounting concepts, improve their grades, prepare for exams, or enhance professional accounting skills.

How can accounting tutoring help improve my accounting skills?

Accounting tutoring can help improve your skills by providing one-on-one support tailored to your learning pace and style. A tutor can offer in-depth explanations of complex concepts, practice problems for mastery, real-world examples, and study strategies. This personalized attention can enhance your understanding, increase confidence, and improve academic or professional performance in accounting.

What topics are commonly covered in accounting tutoring sessions?

Accounting tutoring sessions commonly cover a range of topics including basic accounting principles, financial and managerial accounting, cost accounting, tax accounting, auditing, accounting software, financial analysis, and preparation for CPA exams. Sessions can be customized to focus on specific areas where a student may need additional help or practice.

How do I find a qualified accounting tutor?

To find a qualified accounting tutor, you can search for tutoring services online, ask for recommendations from peers, consult academic advising centers at educational institutions, or use platforms that connect students with professional tutors. Look for tutors with relevant degrees, professional certifications such as CPA designation, and positive reviews or testimonials from former students.

What qualifications should an accounting tutor have?

An accounting tutor should have a strong background in accounting, which typically includes a degree in accounting or a related field, practical accounting experience, and any relevant certifications, like the CPA (Certified Public Accountant). They should also possess good teaching skills and the ability to explain complex topics clearly and effectively.

Can accounting tutoring help me prepare for the CPA exam?

Yes, accounting tutoring can be extremely beneficial in preparing for the CPA exam. A tutor who is familiar with the CPA exam format and content can provide targeted guidance, test-taking strategies, and practice questions to enhance your understanding of the material and increase your chances of passing the exam successfully.

Common Questions on Accounting Tutors

How can an accounting tutor help me improve my grades?

An accounting tutor can provide personalized, one-on-one assistance to help you better understand accounting principles, improve your study habits, and grasp complex topics such as financial statements and tax laws. A tutor can also help prepare you for exams by offering practice problems and clarifying any points of confusion. If you're seeking to bolster your accounting knowledge and raise your grades, a specialized tutor can offer the targeted support you need. For personalized assistance, click on the link to request a tutor or learn more about our services. Request a tutor.

What qualifications should I look for in an accounting tutor?

When searching for an accounting tutor, you should look for someone with a strong educational background in accounting or a related field, professional experience in accounting, and the ability to teach complex concepts in a way that is clear and easy to understand. Additionally, a good tutor should be patient, communicative, and willing to tailor their teaching methods to suit your individual learning style. For access to qualified accounting tutors, click on the link to request a tutor or to learn more about our services. Find a qualified tutor.

How often should I meet with my accounting tutor for the best results?

The frequency of meetings with an accounting tutor will depend on your individual needs and goals. Some students may benefit from weekly sessions, while others might need more or less frequent help. Assess your coursework requirements, exam schedules, and personal learning pace to determine the most effective tutoring schedule for you. A tutor can also help you create a custom study plan. Ready to create a study plan that works for you? Click on the link to request a tutor or to find out more about our services. Schedule your tutoring sessions.

Can an accounting tutor help me with specific accounting software?

Yes, many accounting tutors have expertise in a variety of accounting software such as QuickBooks, Sage, or Microsoft Excel. They can provide hands-on guidance and instruction on how to effectively use these tools for accounting tasks, bookkeeping, and financial analysis. If you need help mastering accounting software, we have tutors ready to assist you. Click here to request a tutor or to get more information on our services. Learn accounting software.

Is online accounting tutoring as effective as in-person tutoring?

Online accounting tutoring can be just as effective as in-person tutoring, offering convenience, flexibility, and access to a wider range of tutors. With interactive tools such as video calling, screen sharing, and digital whiteboards, online tutoring provides an immersive learning experience. Whether you're looking for in-person or online support, the right tutor can make all the difference. Discover the benefits of online accounting tutoring today. Click the link to request a tutor or explore our tutoring options. Experience online tutoring.

KENILWORTH, IL Neighborhoods We Service

Kenilworth, Illinois, is a small, affluent village located on the North Shore of Chicago. Its exclusivity and size mean that unlike larger cities that are divided into multiple neighborhoods, Kenilworth doesn't have distinct neighborhoods. As a part of New Trier Township, this idyllic residential community spans approximately 0.6 square miles and is known for its beautiful homes, tree-lined streets, and carefully maintained landscapes.

Due to its small area, Kenilworth doesn't feature typical neighborhood divisions; instead, it presents a unified community identity. The Village of Kenilworth was meticulously planned by the noted urban planner George Washington Maher in the early 20th century to be cohesive in architecture and community layout. This level of detail and planning has resulted in a village where each street contributes to a larger collective charm without distinguishing itself as a separate neighborhood entity.

However, the village can be informally thought of in terms of its geographic features. For instance, the area closest to the lakefront is often recognized for its stately homes and proximity to Lake Michigan. Meanwhile, the western part of Kenilworth, though equally as prestigious, is a bit farther from the lake yet still embodies the quaintness and serenity the village is known for.

Another way Kenilworth can be viewed involves its public spaces and community institutions, which serve as the hubs of activity. The Kenilworth Club, a historic community house, acts as the centralized point for social events, invoking a sense of neighborhood unity. Additionally, the area around the Kenilworth train station, which serves as a primary transit point for residents, functions as a sort of 'downtown' area with its own unique character.

In conclusion, although Kenilworth doesn't have neighborhoods in the traditional sense, it's a finely knit community bathed in the luxury of expansive homes, lush landscaping, and a strong sense of community spirit. Every block and home in the Village contributes to the overall exclusivity and elegance of this North Shore gem, ensuring that Kenilworth remains one of the most sought-after and prestigious places to live in the Chicagoland area.

About KENILWORTH, IL And It’s Education Institutions

Kenilworth, Illinois, one of the lesser-known gems of the North Shore suburbs of Chicago, boasts a wealth of landmarks that encapsulate its charm and historical significance. Established in 1889 by Joseph Sears, its design was entrusted to noted town planner George W. Maher, who sought to preserve Kenilworth's natural beauty and ensure a harmonious community layout. One can't discuss Kenilworth without mentioning the Kenilworth Assembly Hall, a focal point for community events and a testament to the town's architectural heritage, or the iconic Kenilworth Fountain, situated at the intersection of Kenilworth Avenue and Warwick Road, serving as a symbol of the village's quaint aesthetics and its emphasis on community spaces.

Education is a cornerstone of the Kenilworth community, with a strong emphasis on excellence within its public and private institutions alike. The Kenilworth School District 38 operates the esteemed Joseph Sears School, serving grades JK-8 and consistently ranking as one of the top public schools in the state. High school students typically attend the nearby New Trier High School, renowned for both its academic rigor and extensive extracurricular offerings, laying a solid foundation for academic and personal success. For families who prefer private education, Kenilworth does not have its own private K-12 institutions. However, several high-ranking options exist in the neighboring towns, such as the highly regarded Loyola Academy in Wilmette and North Shore Country Day School in Winnetka. The village's proximity to prestigious universities in the Greater Chicago area, including Northwestern University in Evanston, further underscores the community's access to exceptional higher education resources.

Kenilworth's commitment to maintaining a tight-knit and well-educated community is apparent in its approach to providing a wealth of resources to its students. Although there are no universities directly within its boundaries, the village's strategic location offers residents easy access to top-tier educational opportunities. With a current population just over 2,500, Kenilworth maintains its status as a premier residential enclave, characterized by its commitment to preserving the tranquility and high standards envisioned by its founders. As the town looks towards the future, these attributes solidify Kenilworth not just as a place of historical note, but as a location that values educational excellence and community engagement, ensuring it remains one of the North Shore's most distinguished and well-regarded communities.

Students at These KENILWORTH, IL Schools Excel with Our Tutoring

Please note that Kenilworth, IL, is a relatively small village with a limited number of schools directly within its town boundaries. In such areas, you'll find that many students attend schools in nearby towns within the same school district or zone. Below is a sample list of schools, including those in Kenilworth and some from the surrounding area, representing a mix of both public and private institutions. The students from these schools have greatly benefited from our comprehensive tutoring services, showcasing significant academic improvements. Keep in mind that this list is not exhaustive but merely a sample of schools within and near Kenilworth, IL.

  1. The Joseph Sears School - As the only public school in Kenilworth, it serves students from Junior Kindergarten through the 8th grade and is known for its strong community involvement and educational programs.

  2. New Trier High School - A highly regarded public high school located in neighboring Winnetka that serves the Kenilworth community and is known for its excellent academic programs.

  3. Loyola Academy - A private Jesuit high school located in nearby Wilmette, offering a college preparatory education with a strong emphasis on service and leadership.

  4. Regina Dominican High School - An all-girls Catholic college preparatory high school located in Wilmette, emphasizing academic excellence and values-based leadership.

  5. North Shore Country Day School - A private JK-12 school in Winnetka that provides a rigorous academic environment combined with a strong sense of community.

  6. Roycemore School - A private, coeducational day school in Evanston, serving students from pre-kindergarten through 12th grade with a focus on personalized education.

  7. Wilmette Junior High School - A public school in nearby Wilmette offering a diverse set of programs for 7th and 8th-grade students.

  8. Baker Demonstration School - A progressive independent school in Wilmette that serves students from preschool through 8th grade and emphasizes experiential learning.

  9. Evanston Township High School - A comprehensive public high school located in Evanston, providing a wide array of educational opportunities for its diverse student body.

  10. Avoca West Elementary School - Part of Avoca School District 37, this public school in Glenview offers a strong elementary education with innovative programs.

  11. Faith Hope & Charity School - A private Catholic elementary school in Winnetka that prioritizes a values-based education.

  12. Sacred Heart School - Located in Winnetka, this private Catholic school serves students from preschool through 8th grade, emphasizing a nurturing and rigorous learning environment.

  13. Ravenswood Montessori School - Though based in Chicago, it's an option for families in Kenilworth looking for a Montessori education for their children.

  14. St. Athanasius School - A private Catholic school in Evanston offering a well-rounded education for children from kindergarten through 8th grade.

  15. Highcrest Middle School - Serving 5th and 6th graders in Wilmette, this public middle school is known for its engaging curriculum and extracurricular programs.

  16. Marie Murphy School - A high-performing public middle school in the nearby town of Wilmette focused on preparing students for high school and beyond.

  17. St. Joseph School - A private Catholic school in Wilmette providing education from preschool through 8th grade with a commitment to faith-based learning and academic excellence.

  18. St. Francis Xavier School - Located in neighboring Wilmette, this private Catholic school offers a nurturing environment for students from pre-kindergarten through 8th grade.

  19. Central Elementary School - A top-rated public elementary school in nearby Glencoe that is known for its strong academic programs.

  20. McKenzie Elementary School - A well-regarded public elementary school in the Wilmette Public Schools District that boasts a variety of advanced educational resources.

Please be aware that the inclusion of schools on this list does not imply a partnership or endorsement. The schools chosen are simply representative of the educational landscape accessible to residents in and around Kenilworth, Illinois.

About Accounting & Accounting Tutoring

Accounting is a systematic and comprehensive recording of financial transactions pertaining to a business. It involves the process of summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements that summarize a company's operations, financial position, and cash flows over a particular period are a precise representation of the accounting process.

There are several types of accounting, each serving a different purpose and catering to different stakeholders:

  • Financial Accounting: This type records and summarizes financial data presented in financial statements – like income statements, balance sheets, and cash flow statements – that reflect the company's performance to external stakeholders.

  • Management Accounting: This type focuses on measuring, analyzing, and reporting financial and non-financial information that helps managers make decisions to fulfill organizational goals.

  • Governmental Accounting: This type ensures that revenues and expenditures are made according to the law and regulations, providing transparency and accountability in governmental entities.

  • Tax Accounting: This specialization is dictated by the Internal Revenue Code, which governs the specific rules that companies and individuals must follow when preparing their tax returns.

  • Forensic Accounting: This field involves examining financial records in order to uncover potential fraud, embezzlement, or financial misconduct.

Related entities in accounting include regulatory bodies such as the Financial Accounting Standards Board (FASB), which establishes accounting standards in the United States. There are also international bodies like the International Accounting Standards Board (IASB), responsible for the International Financial Reporting Standards (IFRS). Additionally, the Internal Revenue Service (IRS) is a critical agency in tax accounting.

When tutoring someone who struggles with accounting, the best strategy is to connect concepts with real-world scenarios to make the material more relevant and easier to understand. Starting with the foundational elements such as the accounting equation (Assets = Liabilities + Equity) can set the stage for understanding how other concepts interrelate. Encouraging active practice through problem-solving and the usage of accounting software can also reinforce learning. It's crucial to be patient and to break down complex concepts into smaller, more manageable parts.

The most common concepts in accounting include:

  • Debits and Credits: The dual entry system that ensures the accounting equation stays balanced.
  • The Accounting Cycle: The full process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation on the financial statements.
  • Journal Entries: The first step in the accounting cycle, this is where transactions are initially recorded.

Among the most difficult concepts are:

  • Understanding and applying the principles of accrual accounting, which recognizes economic events regardless of when cash transactions occur.
  • The process of adjusting entries to account for income and expenses that have accrued but are not accurately represented in real-time financial statements.
  • Comprehending complex financial instruments and how to report them, as in hedge accounting or derivatives.

Overall, mastery of accounting requires attention to detail, a clear understanding of key principles and concepts, and the ability to see the broader financial picture that those details create.

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