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Montgomery Accounting tutors

Book Top-Rated Accounting Tutors Near Me In Montgomery, AL

Our Montgomery 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 Montgomery 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 Montgomery 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 Montgomery, 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 Montgomery, AL For In-Person & Online Tutoring


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Our Students and Parents Love Us
as Much as We Love Them

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 Montgomery, AL


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

Montgomery, AL 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 Montgomery, AL


  • 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 Montgomery, AL


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

Tutoring Locations For Accounting In Montgomery, AL


  • Student homes
  • Public Libraries
  • Montgomery neighborhoods and suburbs

Sign up now for our one-on-one private Accounting tutoring in Montgomery, AL


Montgomery, AL Tutoring FAQ

What are the best tutoring services available in Montgomery, AL?

One of the top tutoring services in Montgomery, AL is FrogTutoring, which offers personalized, one-on-one tutoring for students of all ages and in various subjects including math, science, and language arts. Their experienced tutors are well-versed in local curricula and work to tailor lessons to each student's unique learning style and needs.

How can I find a qualified tutor for my child in Montgomery, AL?

To find a qualified tutor in Montgomery, consider FrogTutoring, which carefully selects tutors based on expertise, academic performance, and the ability to relate to students. For the best match, you can visit their website and request a tutor who meets your child's specific academic requirements and learning style.

Are there personalized tutoring options in Montgomery, AL for students with special needs?

Yes, personalized tutoring options are available in Montgomery, AL for students with special needs. FrogTutoring offers individualized learning plans and tutors trained to work with students who have various learning differences, ensuring an inclusive and supportive educational environment.

What subjects are covered by tutoring services in Montgomery, AL?

Tutoring services in Montgomery, such as FrogTutoring, cover a wide range of subjects, including but not limited to mathematics, science, English, history, and foreign languages. They also provide test preparation for the ACT, SAT, and other standardized exams, catering to the diverse academic needs of students.

How much does tutoring typically cost in Montgomery, AL?

The cost of tutoring in Montgomery, AL varies based on the subject, tutor experience, and session length. FrogTutoring offers competitive pricing and works with families to create affordable tutoring plans. Contact them for a quote based on your specific educational goals and tutoring frequency.

Can I find online tutoring services in Montgomery, AL?

Absolutely, online tutoring services are available in Montgomery, AL. FrogTutoring provides flexible online tutoring options utilizing virtual platforms that enable students to receive help from the comfort of their homes, making it a convenient option for busy families and individuals.

Is it possible to get help with college entrance exams from tutors in Montgomery, AL?

Yes, many students in Montgomery, AL turn to FrogTutoring for help with college entrance exams. They offer specialized tutors who are knowledgeable in preparing students for the SAT, ACT, and other college admissions tests by focusing on strategies to improve scores and overall confidence.

Where can I find homework help for my child in Montgomery, AL?

FrogTutoring provides homework help in Montgomery, AL, pairing your child with a tutor who can assist with assignments, reinforce concepts taught in school, and provide additional practice problems to ensure a thorough understanding of the subject matter.

Is private tutoring available in Montgomery, AL during the summer?

Private tutoring is indeed available during the summer in Montgomery, AL. FrogTutoring offers summer tutoring sessions to help students retain their academic skills, get ahead, or tackle challenging subjects, ensuring that they are well-prepared for the upcoming school year.

How do tutoring sessions get scheduled in Montgomery, AL?

Tutoring sessions in Montgomery, AL can be easily scheduled with FrogTutoring. They provide a flexible approach, allowing you to choose session times that fit your family's schedule, including after school, evenings, or weekends. Contact them directly to set up a schedule that works for you.

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.

Montgomery, AL Neighborhoods We Service

Montgomery, Alabama, the capital city of the state, is known for its rich history, cultural heritage, and a wide variety of neighborhoods that cater to different lifestyles and preferences. Whether you're looking for a bustling, urban atmosphere or a quiet, suburban feel, Montgomery has a neighborhood that fits the bill. Let's take a closer look at the diverse neighborhoods that make up this historic city.

Downtown Montgomery is the heart of the city, pulsating with life and activity. Here, you'll find a mix of residential options, office buildings, cultural institutions, restaurants, and entertainment venues. This area is perfect for those who enjoy being in the midst of the action and close to amenities.

The Garden District boasts an array of historic homes and tree-lined streets, exuding a charming and tranquil ambiance. It continues to attract residents with its beautiful parks, such as Oak Park, and proximity to downtown amenities.

Cloverdale is a historic and artistic neighborhood with a vibrant community known for its annual Cloverdale-Idlewild Spring Concert series. It offers a mix of residential options from grand historic homes to cozy bungalows, creating a unique and inviting atmosphere.

Capitol Heights is another historic area just outside the downtown, featuring craftsman-style homes and early 20th-century architecture. Its central location makes it convenient for accessing both the city’s core and its more suburban offerings.

Forest Park is a peaceful, residential neighborhood characterized by spacious properties and a sense of privacy. This neighborhood attracts many families and individuals looking for a laid-back lifestyle without sacrificing accessibility.

Dalraida, to the north of downtown, is distinguished by its well-established community, large lots, and variety of home styles. The presence of Dalraida Elementary School also makes it a popular choice for families.

Old Cloverdale is an area steeped in history but also buzzing with modern activity thanks to its unique shops, eateries, and the local theater. It perfectly combines historic charm with contemporary conveniences.

Montgomery East is comprised of various communities like Twin Gates and Arrowhead, offering suburban-style living with plenty of shopping centers and eateries nearby. These neighborhoods are characterized by newer constructions and family-friendly environments.

The Bell Road corridor provides a combination of residential and commercial development, with plenty of amenities such as the Alabama Shakespeare Festival and the Montgomery Museum of Fine Arts within easy reach.

Deer Creek is a planned community that offers residents a multitude of recreational amenities, including a clubhouse, swimming pool, and tennis courts, appealing to those who favor an active and social lifestyle.

Halcyon is a coveted area for its newer, high-end homes, close proximity to top-tier schools, and numerous parks and recreation areas, perfect for families and professionals alike.

Pike Road, though not a traditional neighborhood within Montgomery, deserves mention as a nearby town that has been rapidly growing and attracting residents looking for new construction and strong community bonds.

Now that we've explored various neighborhoods in Montgomery, AL, it's clear that the city presents a myriad of options for individuals of all lifestyles and preferences. From the historic districts with their storied pasts to the newly developed, master-planned communities, each area of Montgomery boasts its own unique charm and set of advantages. Whether you're seeking the hustle and bustle of city life or the serenity of suburbia, Montgomery has a neighborhood that will feel like home.

About Montgomery, AL And It’s Education Institutions

Montgomery, Alabama, rich in historical landmarks, stands as a testament to pivotal moments in American history. The Alabama State Capitol building, where the Confederacy was born in 1861, is among the must-see sites. Visitors can also explore the Dexter Avenue King Memorial Baptist Church, where Dr. Martin Luther King Jr. served as pastor and led the Montgomery Bus Boycott, igniting the Civil Rights Movement. The Civil Rights Memorial and Center offers an educational and emotional journey, while Old Alabama Town preserves 19th-century life with its collection of authentically restored buildings. Furthermore, the city cherishes the Montgomery Zoo, featuring over 700 animals, and the Riverfront Park, which showcases the area's natural beauty and provides space for community events.

Education is a keystone of the Montgomery community, boasting exceptional educational institutions. Prestigious public schools such as Loveless Academic Magnet Program High School and Booker T. Washington Magnet High School are recognized for their academic rigor and innovation. On the private front, Montgomery Academy, Saint James School, and Trinity Presbyterian School lead with their commitment to comprehensive education. The city is also aware of the importance of educational resources, providing students with libraries, tutoring programs, and enrichment programs through the Montgomery City-County Public Library system and other community initiatives. Montgomery Public Schools work alongside these resources to support the city's educational framework.

Founded in 1819, Montgomery stands today as a bustling hub with a population of over 200,000 residents. The city's higher education landscape is marked by prominent universities such as Alabama State University, a historically black university, Auburn University at Montgomery, which provides a wide range of undergraduate and graduate programs, and Faulkner University, known for its Christian affiliation and varied academic offerings. These institutions, along with others, contribute to the vibrant, diverse, and educated fabric of the city. Whether tracing its roots back to the birth of the Civil War or to the heart of the Civil Rights Movement, Montgomery maintains a narrative that is inseparable from the story of America, driven by a constant pursuit of knowledge and progress.

Students at These Montgomery, AL Schools Excel with Our Tutoring

It's important to note that I'm unable to provide direct hyperlinks, but I will give you the list with the school names and their respective web addresses that you can copy and paste into your browser.


As an esteemed tutoring service, we take great pride in the accomplishments of our students across Montgomery, AL. The following list represents a sample of the many fine educational institutions whose students have benefited from our expertise. This is by no means an exhaustive catalog, but it showcases a diverse selection of both private and public schools that have been a part of our success stories. Please note that each school's name is followed by a URL to its official website.

  1. Loveless Academic Magnet Program High School (LAMP) - https://www.mps.k12.al.us/lamp
  2. The Montgomery Academy - https://www.montgomeryacademy.org
  3. Saint James School - https://www.stjweb.org
  4. Trinity Presbyterian School - https://www.trinitywildcats.com
  5. Montgomery Catholic Preparatory School - https://www.montgomerycatholic.org
  6. Booker T. Washington Magnet High School - https://www.btw.mps-al.org
  7. Brewbaker Technology Magnet High School - https://www.brewtech.mps-al.org
  8. Alabama Christian Academy - https://www.alabamachristian.com
  9. Eastwood Christian School - https://www.eastwoodschool.org
  10. Macon East Academy - https://www.maconeastacademy.org
  11. Hooper Academy - https://www.hooperacademy.org
  12. Evangel Christian Academy - https://www.evangelchristianacademy.com
  13. Success Unlimited Academy - https://www.suacademy.com
  14. The Churchill Academy - https://www.thechurchillacademy.com
  15. Park Crossing High School - https://www.parkcrossing.mps-al.org
  16. Carr Middle School - https://www.carr.mps-al.org
  17. Floyd Middle School for Mathematics, Science and Technology - https://www.floyd.mps-al.org
  18. Forest Avenue Academic Magnet Elementary School - https://www.forestave.mps-al.org
  19. Holy Cross Episcopal School - https://www.holycrossmontgomery.org
  20. Montgomery Christian School - https://www.montgomerychristianschool.com

Each of these schools has demonstrated a commitment to excellence in education, offering a variety of programs and resources to foster academic and personal growth among students. By collaborating with our tutors, many of their students have seen significant achievements and are well-prepared for their future endeavors.


Please be sure to check each school's website for more in-depth information on their educational offerings and to verify their status, as school listings and URLs may change over time.

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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