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Fisher Island Accounting tutors

Book Top-Rated Accounting Tutors Near Me In Fisher Island, FL

Our Fisher Island 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 Fisher Island 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 Fisher Island 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 Fisher Island, 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 Fisher Island, FL For In-Person & Online Tutoring


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JB
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If anyone looking for a tutor Greg is your guy. He has made great success with my daughter and she is very pleased. From where she started and until now I would recommend Greg to anyone

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TG
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Clara has connected well with my daughter. Clara teaches and encourages. She has makes the material easier to understand. My daughter looks forward to their sessions.

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LW
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Amanda is awesome with my son! She is patient and allows him to talk, but she is good at redirecting him back to the lessons. She presents things in a fun way which is great because tutoring is not something he dreads. His reading and confidence are improving. Overall, I think her style is a good...

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RB
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very very knowledgable of content and genetics

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SD
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FOR the past 3 months I've had the wonderful privilege of working with Alexander Ounjian from Frog Tutoring. Alexander tutored my 10 years old grandchildren. He's very engaging and makes learning fun and exciting for children. I like that he is detail oriented and focused on those...

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AB
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She is very well informed and Helpful!

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

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AS
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I cannot comment much because we only worked together for one session. Unfortunately, the time frame we needed her became an issue early on so we were able to switch. The session we did have, she seemed very nice and knowledgeable.

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He was helpful in building my confidence of the subject and getting all my work complete

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RS
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Christopher was very intelligent and likable.

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MB
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My daughter and I love Savannah! She is so knowledgeable and sweet, and comes up with amazing lessons on a whim. She is so creative in thinking outside the box.

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DM
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Mercedes is an excellent fit for my granddaughter. She has the knowledge and patience that is required to help a child learn. thank you

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PH
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An excellent tutor and a kind individual who is dedicated to helping you understand any challenging material!

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AP
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Dr. Jide is incredible! He has worked with my daughter for several weeks helping her prepare for the ACT. He is very knowledgeable and explains the math concepts very well. My daughter's confidence has definitely increased. We are appreciative of his kindness and support.

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KM
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Would recommend to anyone. Not only has she helped out with my classes but is also very knowledgeable about the ARRT. Flexible and helpful in many ways. Great tutor/instructor/person. I feel extremely confident on passing the ARRT with her as a tutor.

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DM
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{not commented yet}she was very knowledgeable and patient with my daughter

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JN
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Robert has been excellent and extremely helpful to my son. He is also flexible and has been willing to meet with my son prior to his exams for tutoring. MY son started the semester with a D and has increased his to a B. Thank you Robert!

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TA
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Alex has thoroughly enjoyed the sessions and found them to be very helpful. I am really happy with the feedback and the communication. Wouldn't hesitate to recommend.

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JY
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Rosemary was super helpful going over some of the concepts that were tricky, and helped explain the content well.

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HM
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Super helpful and willing to adjust to my learning habits. I really enjoy our time working together as the preparation from her end is very noticeable and appreciated.

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LC
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Great tutoring session!

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JC
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Sarah is our 5th tutor we have used on Frog tutoring. In just one short month of tutoring my child with ADHD, she has improved his math grade from a C to an A-!! We are so happy for the progress our child has made with Sarah’s help, and we will definitely continue to use her as our child’s...

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JL
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{not commented yet}The sessions are going well and I am understanding the material . The information is clear , which I love.

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RG
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Overall, AJ was absolutely amazing. I didn’t understand almost anything in physics and he made it seem like elementary grade stuff, overall was amazing and I will miss him

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KB
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Ali is an amazing tutor always willing to help me on my school assignments and is a very down-to-earth person.

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JD
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good tutor

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KB
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Looking forward to meeting you.

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AN
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Joyce has been great in helping me review topics for the NCLEX

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SM
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Ryan in very knowledgeable on the topics I was needing help with. He is professional and works around your schedule. The best tutor I have had on frog tutoring.

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RW
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Good tutor

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RW
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Never partnered so unable to rate accurately but frog tutors are great so why not give a 5

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OS
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patient and knowledgeable

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Dm
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{not commented yet}Hayeon Lee is fantastic !
Very knowledgeable and wonderful to work with.
She is kind and is very easy to learn from.
Thank you for finding her.
We have another session Tuesday but I have to reschedule
Perhaps Wednesday?

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DY
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Very encouraging and funny. He makes learning fun and teaches in a very simple, easy way to understand.

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MP
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Pamela is wonderful! She's the perfect fit for my son! She's very engaging and makes tutoring fun for him

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Vince is very happy with this tutor.

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{not commented yet}Jaelynn Cafourek's accomplished computer skills and college training make her a very valuable asset to those who need a professional with their studies.I highly recommend her and her excellent attitude, and clear ability to connect with others and their specific learning...

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JS
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Carolle is an excellent tutor. She explains things well, sends me frequent reminders of what I learned during the week, and is altogether a pleasure

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DR
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Jeff was extremely knowledgeable and helpful. Deep industry knowledge in running in investment firm and very solid resource. Thank you!

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{not commented yet}
Joyce is very knowledgeable and helpful.

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TS
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A very smart individual, has great knowledge to cover the stuff needed based off your preference.

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RF
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{not commented yet}Craig has been a big help with helping me learn how to use the internet, navigate a job search and I have learned quite a bit in a shot time.

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DY
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Makes learing fun!

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OT
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Matthew and I concentrated on financial statements in my CFA Level 1 curriculum. He was extremely knowledgeable and, with his own industry experience, he was very effective at providing real-life examples that made it easier to understand the concepts.

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Ma
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He is a great tutor. He knows the topics very well and explains them easily. My only complaint is that his handwriting is somewhat messy. All in all, he is a great SAT tutor for English and math.

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MB
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Awesome! he and my son work great together! My Son won't work with anyone else.

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IB
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Gurleen is AMAZING!!!!!! She is the best tutor you will find on here. She is very knowledgeable on chemistry and will help you work through so many problems despite them being very challenging. Gurleen helps with retaining the knowledge and provides notes and practice problems as well. if you need...

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RH
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Dana is very knwoedgable, especially with anatomy. I was a earning around an 80-84 percent(C) in my medical program exams. With Dana's assistance and vast knowledge in this subject I have passed a written exam AND a practical with a 92(A)!!! Dana positively encourages/challenges her students...

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Sunita Woodcheke has not only demonstrated an extraordinary commitment to my child's academic progress but has also exhibited remarkable patience, enthusiasm, and expertise in their teaching approach. Through personalized lessons and tailored guidance Sunita has fostered a supportive learning...

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SM
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Kevin is knowledgeable about math, and he knows how to teach. I’m very rusty on my skills, but he’s been nothing but patient with me. He absorbs my weaknesses and focuses on what I need help with. I appreciate all he’s done so far.

Qualification and Certification of Accounting Tutors Near Me In Fisher Island, FL


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

Fisher Island, FL 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 Fisher Island, FL


  • 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 Fisher Island, FL


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

Tutoring Locations For Accounting In Fisher Island, FL


  • Student homes
  • Public Libraries
  • Fisher Island neighborhoods and suburbs

Sign up now for our one-on-one private Accounting tutoring in Fisher Island, FL


Fisher Island, FL Tutoring FAQ

What are the benefits of private tutoring in Fisher Island, FL?

Private tutoring in Fisher Island, FL offers personalized learning experiences, focused attention, and customized lesson plans to meet individual student needs. This kind of tailored education can help students grasp difficult concepts, improve grades, prepare for standardized tests, and build confidence in their academic abilities.

How can I find a qualified tutor in Fisher Island, FL?

You can find a qualified tutor in Fisher Island, FL by visiting FrogTutoring. They specialize in connecting students with skilled tutors in a wide range of subjects and grade levels, ensuring a match with a professional who is well-versed in the specific academic area you're seeking help with.

What subjects can I find tutoring for in Fisher Island, FL?

In Fisher Island, FL, you can find tutoring for an extensive variety of subjects, including mathematics, science, languages, history, and more. FrogTutoring offers access to experienced tutors who can provide assistance with everything from elementary school basics to college-level coursework and standardized test preparation.

Is online tutoring available for residents of Fisher Island, FL?

Yes, online tutoring is available for residents of Fisher Island, FL. FrogTutoring provides flexible online tutoring sessions that make it easy for students to get the help they need without leaving the comfort of their home. This is particularly advantageous for busy families or those who prefer virtual learning environments.

How does tutoring help with SAT/ACT preparation in Fisher Island, FL?

Tutoring can significantly enhance SAT/ACT preparation in Fisher Island, FL by offering strategic study plans, practice tests, and personalized coaching to target a student's weaknesses while reinforcing their strengths. FrogTutoring's test prep tutors are experienced in helping students understand test formats, manage time efficiently, and approach questions with the right techniques.

Can tutoring help with learning disabilities in Fisher Island, FL?

Absolutely, tutoring can be extremely beneficial for students with learning disabilities in Fisher Island, FL. Personalized attention and customized learning plans developed by FrogTutoring's adept tutors can accommodate different learning styles and help students overcome challenges, improve academic performance, and gain self-confidence in their learning abilities.

What is the average cost of tutoring in Fisher Island, FL?

The average cost of tutoring in Fisher Island, FL can vary widely based on the subject, tutor's expertise, and the length of the tutoring sessions. FrogTutoring offers competitive pricing and works with families to identify the best tutoring plan that fits their budgets and meets their educational goals.

What makes FrogTutoring different from other tutoring services in Fisher Island, FL?

FrogTutoring sets itself apart from other tutoring services in Fisher Island, FL through its personalized approach that matches students with tutors based on learning preferences and goals. They also follow up to ensure satisfaction and progress, offer a range of in-person and online options, and have a selection of tutors specialized in various fields.

How can I measure the progress of tutoring sessions in Fisher Island, FL?

Progress from tutoring sessions in Fisher Island, FL can be measured through regular assessments, feedback from the tutor, improvement in grades, and the student's increased confidence in the subject matter. FrogTutoring tracks progress and provides reports to ensure tutoring effectiveness and student advancement.

Are there tutoring options for adult learners in Fisher Island, FL?

Yes, there are tutoring options for adult learners in Fisher Island, FL. FrogTutoring caters to lifelong learners, offering assistance with college courses, professional certification exams, career development, and other educational pursuits for adult students looking to further their knowledge or skills.

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.

Fisher Island, FL Neighborhoods We Service

Fisher Island, FL, the pinnacle of luxury and exclusivity, lies just off the coast of Miami. Known as one of the wealthiest zip codes in the United States, its lush landscape, seaside views, and unparalleled privacy have attracted the world's elite. While Fisher Island may not be divided into formal 'neighborhoods' as one would find in larger cities, it does feature a collection of exquisite residential areas and opulent buildings that serve as its de facto neighborhoods. Below, we explore these magnificent enclaves that create the mosaic of this private paradise.

Oceanside: An epitome of oceanfront living, the Oceanside area boasts sumptuous condos with expansive balconies offering panoramic views of the Atlantic Ocean. This luxurious section of Fisher Island delivers a beachfront experience like no other, with white sandy beaches just steps away from the residences.

Bayside Village: Overlooking the calm waters of Biscayne Bay, Bayside Village features a series of condos that provide residents with serene views of the Miami skyline and an intimate connection with the water. Its proximity to the Fisher Island Club marina makes it particularly appealing to boating enthusiasts.

Marina Village: A collection of smaller, more boutique residences surrounds the Fisher Island marinas. Marina Village is the heart of nautical life on the island, with easy access to docking facilities. The residences here are perfect for those who desire a view of the harbor and a close-knit community atmosphere.

Palazzo Del Mare & Palazzo Della Luna: These two palatial structures stand as a modern testament to luxury living. Offering state-of-the-art amenities and large-scale units, the Palazzos stand out with their distinctive architecture and provide breathtaking views of the water and Miami Beach.

Seaside Villas: Emulating the feel of a Mediterranean coastal resort, the Seaside Villas offer a more intimate and private living experience. These homes are nestled on the eastern shore of the island and are superb for residents who seek the tranquility of seaside living alongside all the modern comforts.

Villa del Mare: Villa del Mare presents a dynamic assortment of residences on the northeastern tip of Fisher Island, assuring unobstructed sights of the ocean. This area is touted for its spacious layouts and exclusive amenities tailored to a sophisticated lifestyle.

Harborview: Sitting comfortably on the western flank of Fisher Island, Harborview overlooks the tranquil Fisher Island Sound. This enclave is ideal for those who appreciate sunset views and a more sheltered slice of waterfront life away from the open ocean.

Bayview: Bayview at Fisher Island captures the true essence of luxury, providing expansive residences with sweeping views of both the downtown Miami skyline and the azure waters of Biscayne Bay. Its central location on the island’s north side makes it a coveted spot for panoramic vistas.

While Fisher Island may not be divided into official neighborhoods with designated borders as found in larger cities, each area offers a unique atmosphere and lifestyle. Privacy and luxury are the common denominators that tie these "neighborhoods" together. Fisher Island's residences, while diverse in their offerings, all share the common goal of providing an opulent and private living experience that is unparalleled anywhere else in the world.

About Fisher Island, FL And It’s Education Institutions

Fisher Island, situated off the coast of Miami, is a bastion of luxury and exclusivity, accessible only by ferry or private boat. Rich in history and natural beauty, the island once belonged to the Vanderbilt family and has since transformed into a private residential community boasting opulent homes, an observatory, and the prestigious Fisher Island Club, a centerpiece that includes a hotel, spa, and golf course. Notable landmarks on the island include the Vanderbilt Mansion, now the main club house, and the picturesque beachfront, which offers some of the finest views and amenities in the region.

Despite its small size, Fisher Island places a strong emphasis on education, although there are no educational institutions directly on the island. Residents typically send their children to elite private schools in the nearby Miami-area. These top-ranked options include the Ransom Everglades School, Miami Country Day School, and Gulliver Prep. Each provides a robust educational environment with a variety of resources aimed at fostering student growth both academically and personally. There are no Fisher Island School District (Fisher Island ISD) operated schools because the island’s education needs are served by the Miami-Dade County Public Schools system. Additionally, there are no universities located directly on Fisher Island, but its proximity to Miami puts it within an easy commute to several higher education institutions like the University of Miami and Florida International University.

Founded in the 1900s, Fisher Island has evolved from humble beginnings into one of the most affluent zip codes in the United States. According to recent estimates, the population on Fisher Island is less than a few thousand permanent residents, but this close-knit community is well-catered for with a variety of high-end amenities and services. The emphasis on privacy and exclusivity has made it a preferred destination for celebrities and the ultra-wealthy seeking a quiet retreat from the energetic pulse of Miami. With no roads or bridges connecting it to the mainland, Fisher Island remains one of the most private and exclusive locales in Florida, retaining an air of mystery and old-world charm intermixed with modern luxury.

Students at These Fisher Island, FL Schools Excel with Our Tutoring

Fisher Island, FL is an exclusive residential area with a small population, and as such, there are not many schools located directly on the island. In fact, there are no public schools on Fisher Island itself. The educational needs of the island are typically served by schools in the Miami area. Below is a sample list of schools in the greater Miami area whose students have benefited from our tutoring services. This list is not comprehensive but represents a selection of well-regarded private and public schools where our tutoring services have made a positive impact on student learning and achievement.

Fisher Island Day School - This is a private school located directly on Fisher Island, catering to the educational needs of the island's residents from early childhood through middle school.

Miami Beach Senior High School - A public school in Miami Beach that serves the surrounding community, including students who reside on Fisher Island.

Ransom Everglades School - A co-educational, private preparatory day school in Coconut Grove that offers a rigorous academic program.

Gulliver Prep - This is a private college preparatory school with several campuses in the Miami area that offers a comprehensive education.

Miami Country Day School - An independent, private school that promotes holistic education with a wide range of extracurricular activities.

Carrollton School of the Sacred Heart - A private, Catholic all-girls school in Coconut Grove that emphasizes leadership and service.

Palmer Trinity School - An Episcopal day school in Palmetto Bay offering a diverse and inclusive community with a rigorous academic program.

Miami Palmetto Senior High School - A public high school known for its strong academic programs, located in Pinecrest.

The Cushman School - A private school in Miami that offers innovative curriculum and programs from preschool through high school.

La Scuola - An Italian-inspired international private school in Miami that combines traditional and progressive education.

Design and Architecture Senior High School (DASH) - A Miami-Dade County public school that offers specialized education in design and architecture.

New World School of the Arts - A unique public magnet high school and college program in Miami that focuses on visual and performing arts.

Mater Academy Charter High School - A charter school in Hialeah Gardens known for academic excellence and college preparedness.

Archbishop Curley Notre Dame Prep - A Catholic college preparatory high school located in Miami.

Doctors Charter School of Miami Shores - A public charter school that serves middle and high school students with a strong academic program.

American Heritage School - A private, college-preparatory school located in Plantation with a reputation for academic rigor.

The Roig Academy - A private school in Miami that offers personalized education with an emphasis on individual learning styles.

St. Thomas Episcopal Parish School - A private, Episcopal school in Coral Gables offering education from kindergarten through middle school.

Mast Academy - A public magnet school in Key Biscayne that specializes in marine science and technology.

Saint Louis Covenant School - A private, Catholic school in Pinecrest that emphasizes a faith-based education for students from preschool through eighth grade.

Please note that these schools represent a fraction of the quality educational institutions available in the Miami area. Our tutoring services have proudly supported the diverse educational goals of students from many schools not listed here.

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.