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GWINNETT Accounting tutors

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

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


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as Much as We Love Them

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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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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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{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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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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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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Good tutor

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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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patient and knowledgeable

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

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

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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.

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

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school rating and grades improved.

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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.

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Annie is great!!!!

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Madi is fantastic!!

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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.

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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.

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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.

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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.

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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...

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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.

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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...

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So far so good

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Very encouraging, and I enjoy working with her

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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. ...

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

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


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

GWINNETT, 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 GWINNETT, 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 GWINNETT, GA


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

Tutoring Locations For Accounting In GWINNETT, GA


  • Student homes
  • Public Libraries
  • GWINNETT neighborhoods and suburbs

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


GWINNETT, GA Tutoring FAQ

What are the options for math tutoring in Gwinnett, GA?

In Gwinnett, GA, students seeking math tutoring have multiple options, including one-on-one private sessions, online tutoring platforms, and after-school programs. FrogTutoring offers personalized math tutoring catered to the individual needs of each student, with experienced tutors who tailor their teaching styles to help learners of all levels achieve their academic goals.

How can I find a qualified tutor for science subjects in Gwinnett, GA?

To find a qualified tutor for science subjects in Gwinnett, GA, parents and students can search through local tutoring services, check with nearby educational institutions, or explore online tutoring databases. FrogTutoring provides access to a selection of vetted and knowledgeable science tutors adept in areas such as biology, chemistry, and physics, ensuring comprehensive support for students.

What are the average tutoring rates in Gwinnett, GA?

Tutoring rates in Gwinnett, GA, can vary widely depending on the subject, tutor's qualifications, and the tutoring format. Generally, rates can range from $20 to $50 per hour. FrogTutoring offers competitive pricing for high-quality tutoring services, with rates that reflect the experience and expertise of tutors, as well as the flexibility and convenience of the lessons provided.

Are there any specialized tutors for SAT/ACT prep in Gwinnett, GA?

Yes, there are specialized tutors for SAT/ACT prep in Gwinnett, GA, who focus on helping students improve test-taking strategies and understanding test material. FrogTutoring provides experienced tutors who offer structured test prep programs for the SAT/ACT, and these tutors strive to boost students' confidence and scores through intensive practice and personalized study plans.

Can I find homework help services in Gwinnett, GA?

Definitely! Students in Gwinnett, GA, looking for homework help services can choose from a variety of local tutoring centers, in-home tutoring options, or online support. FrogTutoring specifically offers homework help for a wide range of subjects and grade levels, ensuring students receive the assistance they need to complete assignments and understand the underlying concepts.

Is online tutoring available for Gwinnett, GA students?

Online tutoring is readily available for students in Gwinnett, GA, offering the convenience of learning from home. With services like FrogTutoring, students can connect with qualified tutors through a virtual platform, receiving the same personalized attention and quality instruction as they would with in-person tutoring.

How can I find a reading and writing tutor in Gwinnett, GA?

Finding a reading and writing tutor in Gwinnett, GA is as easy as checking local listings, visiting libraries, or connecting with school resources. For tailored support in literacy skills, FrogTutoring offers professional tutors who specialize in helping students with reading comprehension, writing, and language arts, guiding them toward academic success.

Are there tutoring services for students with learning disabilities in Gwinnett, GA?

Yes, tutoring services are available in Gwinnett, GA, for students with learning disabilities. Tailored to meet the unique needs of each student, these services can include individualized lesson plans and specialized teaching techniques. FrogTutoring provides trained tutors experienced in working with students with learning disabilities, fostering an inclusive and supportive learning environment.

What is the best way to prepare for college entrance exams with a tutor in Gwinnett, GA?

The best way to prepare for college entrance exams with a tutor in Gwinnett, GA, is to engage in a structured test prep program that offers personalized attention, practice exams, and strategic learning approaches. FrogTutoring's test prep services are designed to enhance students' strengths, address their weaknesses, and equip them with effective test-taking tactics to maximize their potential exam scores.

How do I choose the right tutor for my child in Gwinnett, GA?

To choose the right tutor for your child in Gwinnett, GA, consider the tutor's qualifications, experience, subject expertise, and teaching style. It's also important to look for tutors who can establish a positive rapport with your child. FrogTutoring prides itself on conducting thorough background checks to match students with ideal tutors that can cater to the student's academic needs and learning preferences.

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.

GWINNETT, GA Neighborhoods We Service

Gwinnett County, located in the northeastern part of the Atlanta metropolitan area, is one of Georgia's most vibrant and rapidly growing areas. Comprising numerous neighborhoods, each with its own unique character and charm, Gwinnett County serves as a wonderful place to call home for people from all walks of life. From bustling communities with a city vibe to serene suburban retreats, Gwinnett County offers a variety of living experiences.

Below is a comprehensive list of neighborhoods in Gwinnett County, GA:

  1. Peachtree Corners – Known for being Gwinnett's newest city, this area boasts a blend of residential and business developments.
  2. Duluth – Home to the Gwinnett Place Mall area and a revitalized downtown, it's a blend of traditional and contemporary.
  3. Norcross – This historic city offers a mix of the old-town atmosphere with a modern touch, especially in the revitalized downtown area.
  4. Suwanee – Often featured in lists of 'Best Places to Live,' Suwanee is recognized for the Town Center Park and a family-friendly community.
  5. Lawrenceville – The county seat of Gwinnett, known for its historical heritage and home to the historic Gwinnett Courthouse.
  6. Lilburn – Features a strong sense of community and is known for the BAPS Shri Swaminarayan Mandir, an architectural marvel.
  7. Snellville – With its motto, "Where Everybody's Proud to be Somebody," Snellville promotes a friendly and active community with numerous parks.
  8. Buford – This area is renowned for the Mall of Georgia, the largest shopping mall in the state, and a historic Main Street.
  9. Grayson – A small, close-knit community, renowned for its quality of life and annual Grayson Day Parade and Festival.
  10. Dacula – Known for its small-town feel and the popular Little Mulberry Park.
  11. Sugar Hill – With E.E. Robinson Park and the Bowl at Sugar Hill, it is an upcoming neighborhood with entertainment prospects.
  12. Berkeley Lake – A residential community that wraps around the scenic Berkeley Lake and focuses on preserving the environment.
  13. Braselton – Partly located in Gwinnett, it's a growing community known for the Château Élan Winery & Resort.
  14. Auburn – Straddling the Gwinnett and Barrow county lines, Auburn retains a peaceful, rural atmosphere.
  15. Stone Mountain – While most famous for the Stone Mountain Park, parts of the residential area lies within Gwinnett's boundaries.

Each of these neighborhoods brings something special to the tapestry that is Gwinnett County. There's Peachtree Corners with its innovative Curiosity Lab tech incubator and the beautiful Simpsonwood Park. The bustling atmosphere of Duluth's mixed-use developments contrasts the cultural heritage found in Norcross with its well-preserved historic district.

Suwanee's award-winning parks and community events make it a haven for families, similarly to the quality schools and libraries found in Lawrenceville. Lilburn charms with its cultural diversity and the Greenway Trail, whereas Snellville impresses with its robust calendar of community gatherings.

The neighborhoods of Buford, with its amphitheater and community center, and the tranquil trails and family-friendly streets of Dacula, also offer unique encounters. Sugar Hill and Grayson, both with their significant growth and developments, maintain a dedication to community strength which residents cherish. Not to mention Berkeley Lake, Auburn, and parts of Braselton, which lend a more relaxed, green-space-rich lifestyle.

With such a diverse range of neighborhoods, Gwinnett County truly has a place for everyone. Whether you're looking for the hustle and bustle of a city life, a quiet suburban retreat, or something in between, Gwinnett's neighborhoods offer the perfect backdrop for all stages of life. It's a tapestry of culture, history, and modern living — an ideal place to learn, work, play, and just be.

Frogtutoring recognizes this diversity and variety in Gwinnett County and ensures that its tutoring services are as adaptable and tailored to fit the needs of students from all of these neighborhoods. Celebrating the unique educational journey of every child, Frogtutoring helps foster academic growth across the thriving, multifaceted communities of Gwinnett.

About GWINNETT, GA And It’s Education Institutions

Gwinnett County, Georgia, situated in the north-central portion of the state, is an area rich in history and modern attractions. Known for landmark sites such as the Gwinnett Historic Courthouse and the storied Lawrenceville Female Seminary, the county is also home to Infinite Energy Center, a bustling hub for concerts, conferences, and entertainment. History buffs appreciate the Historic Strickland House and the Southeastern Railway Museum which pay homage to the county's past. Founded in 1818 and named after Button Gwinnett, one of the signatories of the Declaration of Independence, the county has blossomed into one of the most populous in Georgia, boasting a vibrant community of over 900,000 residents as of the early 2020s.

Education is a cornerstone of Gwinnett County's community, with a wide array of public and private K-12 institutions that consistently rank high in state comparisons. Among the top-ranked public schools are Gwinnett School of Mathematics, Science, and Technology, North Gwinnett High School, and Brookwood High School, all hailed for their rigorous academics and strong student outcomes. Meanwhile, notable private schools such as Greater Atlanta Christian School and Wesleyan School offer alternative education options with various faith-based and educational emphases. The Gwinnett County Public Schools (GCPS) district is known for its innovation in educational resources, providing students with a variety of programs and services to enhance their learning experiences.

The higher education landscape in Gwinnett County is equally impressive, with several universities maintaining a presence in the area. Georgia Gwinnett College, established in 2005 as the first four-year institution in the county, has quickly grown to serve a diverse student population with a variety of undergraduate programs. Another important local institution is the University of Georgia's Gwinnett Campus, which offers graduate and continuing education options for professionals. With its strong educational framework, Gwinnett County remains steadfast in nurturing the growth and development of its students, ranging from the earliest learners to those pursuing advanced degrees.

Students at These GWINNETT, GA Schools Excel with Our Tutoring

Below is a sample list of schools in Gwinnett County, Georgia, both private and public, where students have benefited from our tutoring services. This selection is not exhaustive but highlights a range of institutions that have recognized the value added by our educational assistance programs. Please note that the schools listed have a legacy of academic excellence, and they represent just a small sample of the many quality educational options available in the Gwinnett area. Click on the name of each school to visit their official website and learn more about what they offer.

Public Schools

Gwinnett School of Mathematics, Science, and Technology One of the top-ranked high schools in Georgia, focusing on advanced STEM curriculum.

Brookwood High School A high-achieving school known for its strong academics and extracurricular programs.

Peachtree Ridge High School Offers a diverse and comprehensive educational experience to its student body.

Parkview High School Renowned for its academic rigor and outstanding sports programs.

North Gwinnett High School Focuses on creating a community of learners with a dedication to success.

Duluth High School Emphasizes a strong connection between school and community.

Mill Creek High School Well-regarded for its high academic standards and wide range of activities.

Norcross High School Known for innovative programs and a commitment to student excellence.

Grayson High School A large and collaborative school community with numerous opportunities.

Collins Hill High School Strives for academic achievement and preparing students for global competitiveness.

Private Schools

Greater Atlanta Christian School A top-rated private Christian school serving grades K-12.

Wesleyan School An independent college preparatory school rooted in Christian faith.

Providence Christian Academy Offers a comprehensive Christ-centered education.

Hebron Christian Academy A school with a commitment to academic excellence within a Christian community.

Killian Hill Christian School Dedicated to intellectual, spiritual, and physical growth of its students.

Cornerstone Christian Academy Combines a biblical worldview with a strong educational program.

Holy Spirit Preparatory School An independent Catholic school emphasizing academic rigor and spiritual growth.

The Westminster Schools of Oak Mountain Creates future leaders through an education that is distinctly Christian.

Notre Dame Academy A Catholic Marist preparatory school for grades Pre-K through 11.

Covenant Christian Academy Focuses on a traditional Christian education and classical methodology.

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.