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Savannah Accounting tutors

Book Top-Rated Accounting Tutors Near Me In Savannah, GA

Our Savannah 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 Savannah 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 Savannah 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 Savannah, 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 Savannah, GA For In-Person & Online Tutoring


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TG
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McKenna has done a great job of working with my daughter on geometry.

TM
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school rating and grades improved.

NC
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I am so happy with this tutoring, my son is engaged all the time. He loves to work in the computer and the activities that they do during the tutoring. She used many different way and form in order to keep him engaged.

EC
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Annie is great!!!!

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Madi is fantastic!!

NT
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I don't sit next to my 9yo during sessions, and this is the first time I ever used a tutor. I can tell you that using a tutor eliminates all the fighting and whining from my kid about doing homework which makes me very happy. They get a lot done during an hour. The tutor is focused, prepared,...

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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.

CH
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Extremely knowledgeable and gave direct examples of certain concepts I had trouble with. He also helped assess some of the specific terminology that I need to look for on the exam.

TG
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Chigbo explains concepts in a way that makes it easy to understand. My daughter's understanding and confidence had a real boost in just two days.

JE
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Matthew was very knowledgable in the CFP topics and is very flexible with his ability to review materials and go through the questioning.

KK
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Ivan is absolutely amazing with his knowledge, He is my tutor for college level pre-calculus and I can confidently say that I would not be able to get through my class without ivans help with the class material. He has great patience and will explain and walk you through each problem until you need...

AC
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Very encouraging and goes at a good pace which has been immensely beneficial. Very punctual, there's never been any issues with scheduling. Overall, I have been enjoying my sessions and I look forward to more as he helps me prepare for my ACT.

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

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!

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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.

Qualification and Certification of Accounting Tutors Near Me In Savannah, GA


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

Savannah, GA 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 Savannah, GA


  • 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 Savannah, GA


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

Tutoring Locations For Accounting In Savannah, GA


  • Student homes
  • Public Libraries
  • Savannah neighborhoods and suburbs

Sign up now for our one-on-one private Accounting tutoring in Savannah, GA


Savannah, GA Tutoring FAQ

What are the best tutoring services in Savannah, GA?

FrogTutoring ranks among the best tutoring services in Savannah, GA, offering personalized one-on-one sessions, experienced tutors, and flexible scheduling to accommodate students' diverse needs and learning styles.

How do I find a qualified tutor for math in Savannah, GA?

To find a qualified tutor for math in Savannah, consider FrogTutoring, where tutors are hand-selected based on their expertise in the subject matter and their ability to teach complex concepts in an understandable way.

Are there any affordable private tutors for science subjects in Savannah?

Yes, FrogTutoring provides affordable private tutoring for science subjects in Savannah. They offer competitive pricing and package deals to ensure that quality education is accessible to all students.

Can I get help with SAT and ACT prep in Savannah, GA?

Absolutely! FrogTutoring offers comprehensive SAT and ACT prep in Savannah, GA, with customized study plans and practice tests to help students achieve their desired scores.

What tutoring options are available for students with learning disabilities in Savannah?

FrogTutoring offers tutoring solutions tailored to students with learning disabilities in Savannah, with skilled tutors trained to use strategies that cater to different learning challenges, ensuring each student can reach their full potential.

How can I ensure my child keeps up with schoolwork during summer in Savannah?

Preventing summer learning loss in Savannah is easy with FrogTutoring's summer tutoring programs that keep students engaged with academic material and ready to tackle the new school year.

Is online tutoring available for students in Savannah, GA?

Yes, FrogTutoring offers online tutoring for students in Savannah, GA, giving them access to expert educational support from the comfort of their home through a secure and interactive online platform.

Where can I find a tutor for college-level courses in Savannah?

FrogTutoring caters to college students in Savannah by providing tutors who specialize in a wide range of college-level courses, ensuring personalized attention and academic advancement.

How can a tutor help improve my child's reading skills in Savannah?

A tutor from FrogTutoring can help improve your child's reading skills in Savannah by utilizing tailored techniques to enhance comprehension, vocabulary, and reading fluency, fostering a stronger foundation for academic success.

What is the process for hiring a tutor through FrogTutoring in Savannah, GA?

Hiring a tutor through FrogTutoring in Savannah, GA, involves a straightforward process that includes a consultation to assess student needs, matching with an ideal tutor, and setting up a flexible tutoring schedule.

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.

Savannah, GA Neighborhoods We Service

Sure! Below, you'll find an article listing the various neighborhoods in the picturesque city of Savannah, Georgia, known for its historic charm, cobblestone streets, and sprawling live oaks draped in Spanish moss.


Nestled under a canopy of timeless beauty, Savannah, Georgia, is not just a city but a collection of vibrant neighborhoods, each with its own character and history. From the antebellum architecture that frames the historic districts to the modern vibes of burgeoning outer suburbs, let's take a stroll through the diverse neighborhoods that make Savannah truly enchanting.

Downtown Savannah is divided into several distinct areas:

  • The Historic District is the heart of Savannah, boasting the city's oldest and most treasured buildings, picturesque squares, and landmarks like Forsyth Park and the Cathedral of St. John the Baptist.
  • City Market offers a bustling atmosphere, home to art galleries, shops, and lively entertainment options.
  • River Street is where cobbled streets meet the Savannah River, providing visitors with restaurants, bars, and boutiques housed within old cotton warehouses.

Moving beyond the city's core, we encounter:

  • Victorian District, where ornate Victorian homes stand as a colorful testament to Savannah's rich past.

Just south of the Historic District, there is:

  • Thomas Square, which is seeing a cultural renaissance with an influx of artists and young professionals.

To the east:

  • Eastside includes historic neighborhoods like Gordonston, recognized for its leafy streets and community-oriented atmosphere.

Venturing further southeast, we reach:

  • Isle of Hope, an idyllic waterfront community that seems to have resisted the passage of time. Grand homes overlook the Intracoastal Waterway, where the marina is a hub of activity.

Northwest of downtown, visitors and locals alike find:

  • Cuyler-Brownville, a neighborhood rich with African-American history and culture.

West of the Historic District, we find the metropolitan area growing into:

  • Ardsley Park-Chatham Crescent, which stands out for its 20th-century homes and well-planned streets.

Further to the southwest lies:

  • Windsor Forest, a suburban area with larger lots and a variety of mid-century homes.

Heading towards the south side, we step into neighborhoods like:

  • Georgetown, a community with a mix of residential and commercial areas, offering a more contemporary suburban living experience.

Not far, there's:

  • Southside, which is expansive, featuring shopping centers, sprawling residential neighborhoods, and access to various amenities.

At the easternmost point of the city:

  • Wilmington Island provides residents with a slower-paced lifestyle, marked by local shops and casual eateries surrounded by natural beauty.

Closer to the airport, on the west side, you'll find:

  • Pooler, a rapidly growing area with modern housing developments and a family-friendly atmosphere.

And for those yearning for a small-town feel within the city:

  • Thunderbolt captures the essence of a storied fishing village, complete with regional seafood and leisurely marina life.

As we near the outskirts:

  • Skidaway Island draws those seeking gated communities and exclusive recreational facilities, set amid breathtaking coastal landscapes.

Last but not least:

  • Baldwin Park and Bonna Bella, though less known, they offer hidden charms and a quieter way of life away from the hustle and bustle.

Each of these neighborhoods contributes to the mosaic that is Savannah—a city where history, culture, and Southern hospitality intertwine to create a living tapestry as vibrant and diverse as the people who call it home.


As a city with an ever-evolving identity, Savannah's neighborhoods continue to captivate visitors and nurture residents with their distinct flavors and communal spirit. Whether you are drawn by the allure of historic landmarks or the tranquility of suburban greenery, Savannah offers a place that anyone can call home.

About Savannah, GA And It’s Education Institutions

Founded in 1733, Savannah, Georgia, is not only one of the most historically rich cities in the United States but also a canvas of architectural marvels and significant landmarks. Its cobblestone streets, lined with moss-draped oaks, lead to landmarks such as Forsyth Park, a large city park with the famous white fountain, and the historic Bonaventure Cemetery, which became especially famous after the publication of "Midnight in the Garden of Good and Evil." River Street runs alongside the Savannah River and is a bustling hub of old warehouses turned to eclectic shops, galleries, and eateries. Savannah's storied past is reflected in its antebellum architecture and historic homes, such as the Juliette Gordon Low Birthplace and the Mercer-Williams House Museum. The city's commitment to preservation is evident in its beautifully restored downtown area, making it a prime destination for both history buffs and casual tourists alike.

Education in Savannah is diverse and robust, with numerous institutions catering to different academic needs and interests. There are esteemed K-12 schools such as Savannah Arts Academy, which ranks highly for its specialized curriculum, and Savannah Country Day School, notable for its private education excellence. The Savannah-Chatham County Public School System (SCCPSS) offers various educational resources, including advanced learning programs and specialized academic tracks in several public schools. Savannah's commitment to education is also evident in its higher education institutions, with Savannah State University, a public historically black university, and the renowned Savannah College of Art and Design (SCAD), which attracts students from around the globe with its strong arts and design programs.

As of my last knowledge update, Savannah boasts a population of approximately 145,000 residents who enjoy access to a range of neighborhood environments, from the trendy Starland District to the family-friendly Georgetown area. The city also provides a myriad of education resources, including public libraries, the Live Oak Public Libraries system, and community centers offering after-school programs and adult education classes. With the continued focus on education, support from institutions such as the Savannah Education Trust, and the presence of multiple universities, the students of Savannah have the resources they need to excel academically and pursue diverse careers, contributing to the city’s growth and the enrichment of its deep cultural heritage.

Students at These Savannah, GA Schools Excel with Our Tutoring

As a testament to the wide reach of our tutoring programs, we are proud to showcase a sample list of top schools in Savannah, Georgia, whose students have benefited from our educational services. This selection is not exhaustive but reflects the successful partnerships we've had with many leading educational institutions. Our commitment to enhancing student learning and achievement extends across various school atmospheres, from prestigious private academies to high-performing public schools. Below, you will find up to 20 schools in Savannah, with hyperlinks directing you to their respective websites.

  1. Savannah Arts Academy – A dedicated performing and visual arts public high school.

  2. Savannah Classical Academy – A public charter school emphasizing a classical education.

  3. Savannah Country Day School – An independent, college preparatory school serving students from Pre-K to Grade 12.

  4. St. Andrew's School – A private, independent school offering a rigorous college preparatory program.

  5. Calvary Day School – A private Christian school serving students from Pre-K to 12th grade.

  6. Hancock Day School – An independent school known for its strong academic program for Pre-K through 8th grade.

  7. Benedictine Military School – An all-male Catholic college preparatory school.

  8. Islands High School – A public high school serving students in 9th through 12th grade.

  9. Windsor Forest High School – A public school offering a range of pathways for student success.

  10. Woodville-Tompkins Technical and Career High School – A school focused on technical and career education alongside traditional academics.

  11. St. Vincent's Academy – An all-girls Catholic high school inspired by the tradition of the Sisters of Mercy.

  12. Jenkins High School – A public school with various specialty programs for students.

  13. Veritas Academy – A classical and Christian school, providing a distinctive educational approach.

  14. The Habersham School – A classical Christian school promoting moral and academic excellence.

  15. Memorial Day School – A small private institution offering a family-like educational environment from Pre-K to 12th grade.

  16. The STEM Academy at Bartlett – A dedicated STEM public middle school.

  17. Blessed Sacrament School – A private Catholic school serving students from Pre-K to 8th grade.

  18. Groves High School – A public school that embraces a commitment to excellence and community service.

  19. Savannah Christian Preparatory School – A Christian, college-preparatory private school serving students from Pre-K to 12th grade.

  20. Charles Ellis Montessori Academy – A public Montessori school serving grades Pre-K through 8th.

This list captures only a portion of the schools in Savannah, GA, reflecting the diversity and quality of educational experiences available in the city. Our tutoring services have played a role in supporting students from these esteemed institutions, helping them realize their full academic potential.

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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