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Sarasota Accounting tutors

Book Top-Rated Accounting Tutors Near Me In Sarasota, FL

Our Sarasota 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 Sarasota 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 Sarasota 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 Sarasota, 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 Sarasota, FL For In-Person & Online Tutoring


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

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

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.

DY
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Makes learing fun!

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.

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.

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

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...

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...

LC
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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...

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.

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!!!!

EC
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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,...

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.

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!

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.

Qualification and Certification of Accounting Tutors Near Me In Sarasota, FL


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

Sarasota, 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 Sarasota, 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 Sarasota, FL


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

Tutoring Locations For Accounting In Sarasota, FL


  • Student homes
  • Public Libraries
  • Sarasota neighborhoods and suburbs

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


Sarasota, FL Tutoring FAQ

What are the qualifications of tutors in Sarasota, FL?

Tutors in Sarasota, FL, often possess a strong educational background, with many having at least a bachelor's degree in their subject area. At FrogTutoring, for example, our tutors are thoroughly vetted and often have advanced degrees or specialized certifications in their fields to ensure the highest quality of personalized tutoring for students of all ages.

How do I find a reputable tutor in Sarasota for my child?

To find a reputable tutor in Sarasota for your child, check for references, reviews, and qualifications. Platforms like FrogTutoring offer an array of experienced tutors—all of whom have undergone background checks and possess the credentials and testimonials to back their expertise—making it an excellent resource for finding reliable tutoring services.

What subjects can I find tutors for in Sarasota, FL?

You can find tutors for a wide range of subjects in Sarasota, FL, including math, science, English, foreign languages, and more. FrogTutoring, for instance, offers comprehensive support across multiple disciplines, ensuring you can find a knowledgeable tutor regardless of your or your child's educational needs.

How much does tutoring cost in Sarasota, FL?

The cost of tutoring in Sarasota, FL, varies based on the subject, educational level, and tutor's experience. However, FrogTutoring provides affordable tutoring options, with competitive rates that are transparent and offer value for personalized, one-on-one sessions that cater to the specific needs of each student.

Can I get tutoring for standardized tests in Sarasota, FL?

Yes, you can receive tutoring for standardized tests like the SAT, ACT, GRE, and more in Sarasota, FL. FrogTutoring offers specialized test prep services with tutors who are intimately familiar with these exams, helping students to improve their test-taking strategies and increase their scores.

Are there online tutoring options in Sarasota, FL?

Online tutoring is widely available in Sarasota, FL. FrogTutoring offers flexible online tutoring sessions, allowing students to connect with qualified tutors from the comfort of their home and at times that suit their schedules, making it a convenient option for parents and students alike.

What are the benefits of hiring a private tutor in Sarasota, FL?

Hiring a private tutor in Sarasota, FL, offers numerous benefits such as personalized attention, customized learning plans, flexible scheduling, and the ability to focus on specific academic challenges. With FrogTutoring, you receive all these advantages, as tutors work closely with students to achieve their individual academic goals.

How do I assess the progress of my child with a tutor in Sarasota, FL?

To assess your child's progress with a tutor in Sarasota, FL, you should regularly review goals, ask for progress reports, and communicate with both the tutor and your child. FrogTutoring provides consistent feedback and assessments to help track student improvements and adapt learning plans as needed.

Is it possible to get specialized tutors for students with learning disabilities in Sarasota, FL?

It is certainly possible to find specialized tutors for students with learning disabilities in Sarasota, FL. FrogTutoring caters to students with various educational needs by offering experienced tutors trained to provide personalized assistance to students with ADHD, dyslexia, and other learning challenges.

How do I choose the right tutor for my child in Sarasota, FL?

Choosing the right tutor for your child involves considering the tutor's expertise in the subject area, teaching style, communication skills, and compatibility with your child's learning needs. FrogTutoring helps parents match their child with a tutor based on these factors, ensuring a productive and supportive educational relationship.

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.

Sarasota, FL Neighborhoods We Service

Sarasota, Florida, a city known for its vibrant arts community, stunning beaches, and rich cultural history, offers a diverse range of neighborhoods, suitable for all types of lifestyles. From the bustling downtown filled with arts and entertainment to the serene residential areas showcasing Sarasota’s natural beauty, there is something for everyone in this coastal paradise.

Downtown Sarasota serves as the urban heart of the city, with high-rise apartments and trendy lofts catering to those who enjoy a vibrant, walkable neighborhood teeming with restaurants, shops, galleries, and theaters. The Rosemary District, directly adjacent to downtown, has undergone significant revitalization, now offering an eclectic mix of modern housing and creative spaces, making it a rising star for urban living.

Just to the west of downtown, you'll find the historic and prestigious neighborhood of Harbor Acres, known for its luxury homes and picturesque bayfront. This area features some of the city's most exclusive real estate, with properties offering breathtaking views and private docks.

Lido Key and St. Armands provide a world-class island living experience with their circular layout, high-end boutiques, and the white sands of Lido Beach. This laid-back yet upscale neighborhood revolves around the famed St. Armands Circle, which is a hub for dining, shopping, and entertainment.

Further south, the Bayfront area boasts a mix of luxurious condos and historic homes along the waterfront. It's popular for its proximity to attractions such as Marina Jack's and the stunning bay views, with easy access to both city life and calming waters.

Moving to the mainland, Southside Village is cherished for its charm and small-town feel, along with its convenient location near Sarasota Memorial Hospital and the highly-rated Southside Elementary School, making it a top choice for families and professionals alike.

Gillespie Park, north of downtown, is a neighborhood on the rise, with an influx of development and restoration projects. It's known for its unique blend of historic homes, new construction, and its eponymous park, which is the centerpiece of the community.

Indian Beach-Sapphire Shores is home to the Ringling Museum and New College of Florida. This area offers a mix of old Florida bungalows, Spanish mansions, and contemporary homes, reflecting Sarasota's eclectic architectural heritage.

To the southeast, you'll find the master-planned community of Palmer Ranch, encompassing a variety of housing options, from townhouses to estate homes, all set within meticulously landscaped environments. With numerous amenities such as parks, trails, and golf courses, it is ideal for active individuals and families.

For those seeking a serene, nature-centered lifestyle, The Meadows presents a sprawling neighborhood complete with golf courses, lakes, and an extensive network of hiking and biking trails. It's not far from the bustling University Town Center, yet it maintains a quiet, suburban feel.

Finally, South Gate is a classic suburban neighborhood centrally located with a mix of mid-century homes and newer constructions, appealing to a broad demographic from retirees to young families. It's known for its community center, which acts as a hub for various social activities and events.

These neighborhoods represent just a slice of the diversity found in Sarasota, FL. Each area contributes its unique flavor to the rich tapestry that makes Sarasota such a coveted place to call home. Whether you're seeking the hustle of downtown, the tranquility of a beachside community, or the charm of a historic suburban neighborhood, Sarasota truly offers an array of locales to suit every lifestyle.

About Sarasota, FL And It’s Education Institutions

Sarasota, Florida, a city renowned for its sweeping coastline along the Gulf of Mexico, is also home to a myriad of cultural landmarks and notable historical sites. One of the most iconic landmarks is the Ringling Museum, the state art museum of Florida, which was established by circus magnate John Ringling. The museum's expansive grounds also feature the Ca'd'Zan Mansion, a splendid example of Venetian Gothic architecture, and the historic Asolo Theater. In addition to these cultural treasures, Sarasota boasts a charming downtown area replete with galleries, boutiques, and fine dining. The Sarasota Opera House and the Sarasota Ballet add to the city's artistic scene, while stunning natural landmarks like the Myakka River State Park and the Marie Selby Botanical Gardens perfectly showcase Florida's wild beauty.

Education is a cornerstone of the Sarasota community, benefiting from a wide array of public and private institutions. Top-ranked Sarasota public K-12 schools such as Pine View School, consistently ranked as one of the best public high schools in the nation for its rigorous gifted program, and Riverview High School, known for its comprehensive curriculum and International Baccalaureate program, are at the heart of Saratoga's public educational offerings. Private institutions like The Out-of-Door Academy and Sarasota Christian School also cater to families seeking alternative education pathways. Beyond K-12, the city is home to higher education institutions including the Ringling College of Art and Design, known for its programs in arts and digital media, and New College of Florida, a public liberal arts college. The University of South Florida Sarasota-Manatee campus also provides a range of undergraduate and graduate programs. Sarasota's education resources are further enriched by public initiatives, library systems, and community organizations committed to lifelong learning and student support.

Sarasota was founded in 1902 and has since grown into a city cherished by residents and visitors alike with a current population of around 58,000. Its history, which includes periods of development during the Florida Land Boom of the 1920s, is preserved through educational programs and historic site conservation. The Sarasota County School District is responsible for public education in the city, overseeing a myriad of schools and educational services. This district is recognized for its dedication to academic excellence and innovative teaching approaches, ensuring that Sarasota's youth receive a quality education that caters to diverse learners. With its rich blend of cultural heritage, academic excellence, and natural splendor, Sarasota stands as a jewel of the Suncoast, offering a vibrant community and a high standard of living for all who call it home.

Students at These Sarasota, FL Schools Excel with Our Tutoring

Below is a sample list of top schools in Sarasota, FL, featuring both private and public institutions. The schools included here represent just a portion of the many educational environments whose students have benefited from our tutoring services. This curated selection is intended to showcase the variety and quality of schools in the area, reflecting our commitment to enhancing educational outcomes across diverse learning communities. While not exhaustive, this list provides insights into some of the prominent schools where our tutoring programs have made a positive impact.

  1. Pine View School
  2. Riverview High School
  3. Sarasota High School
  4. Suncoast Polytechnical High School
  5. Booker High School
  6. Out-of-Door Academy
  7. Cardinal Mooney Catholic High School
  8. Sarasota Christian School
  9. Sarasota Military Academy
  10. Saint Stephen's Episcopal School
  11. Sarasota School of Arts & Sciences
  12. Ascension Lutheran School
  13. Sarasota Middle School
  14. Brookside Middle School
  15. NewGate School
  16. Sarasota Waldorf School
  17. The Classical Academy of Sarasota
  18. McIntosh Middle School
  19. Phillippi Shores International Baccalaureate World School
  20. Venice Christian School

Please note that hyperlinks were placed on the name of each school to direct you to their respective websites for more detailed information. This list is not comprehensive and is intended to serve as a reflection of our tutoring service's reach and effectiveness within the Sarasota educational community.

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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