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High Point Accounting tutors

Book Top-Rated Accounting Tutors Near Me In High Point, NC

Our High Point 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 High Point 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 High Point 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 High Point, 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 High Point, NC For In-Person & Online Tutoring


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Our Students and Parents Love Us
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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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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{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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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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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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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.

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

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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.

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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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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.

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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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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...

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So far so good

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Very encouraging, and I enjoy working with her

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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. ...

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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 High Point, NC


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

High Point, NC 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 High Point, NC


  • 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 High Point, NC


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

Tutoring Locations For Accounting In High Point, NC


  • Student homes
  • Public Libraries
  • High Point neighborhoods and suburbs

Sign up now for our one-on-one private Accounting tutoring in High Point, NC


High Point, NC Tutoring FAQ

What are the common subjects for tutoring services in High Point, NC?

Tutoring services in High Point, NC typically cover a variety of common subjects, including but not limited to mathematics (from basic arithmetic to calculus), science (such as biology, chemistry, and physics), English (including reading, writing, and ESL), and test preparation (SAT, ACT, GRE, etc.). FrogTutoring offers skilled tutors in all these areas to help students at all levels achieve their educational goals.

How do I choose the right tutor for my child in High Point, NC?

Choosing the right tutor in High Point, NC involves considering the tutor's expertise in the subject area, their teaching approach, compatibility with the student's learning style, and previous success with other students. FrogTutoring provides detailed profiles of their tutors, including their qualifications and teaching philosophies, allowing parents and students to select the perfect match for their specific needs.

What is the average cost of tutoring services in High Point, NC?

The average cost of tutoring services in High Point, NC can vary widely depending on the subject, the tutor's qualifications, and the duration and frequency of sessions. Rates typically range from $25 to $50 per hour. FrogTutoring offers competitive pricing and works to find solutions that fit within clients' budgets while maintaining a high standard of educational support.

Are there any online tutoring options available in High Point, NC?

Yes, online tutoring is a flexible and convenient option available in High Point, NC. Many services, including FrogTutoring, provide virtual sessions that can be accessed from the comfort of your home using video conferencing tools. This allows for a wider selection of tutors and scheduling flexibility that is not constrained by location.

Can tutoring services help with preparation for college entrance exams in High Point, NC?

Tutoring services can indeed help with preparation for college entrance exams such as the SAT and ACT in High Point, NC. FrogTutoring offers specialized tutors who are experienced in exam content and strategies, providing personalized study plans and practice exercises to optimize students' scores and college prospects.

Is it possible to find tutors who specialize in special education in High Point, NC?

Finding tutors who specialize in special education is possible in High Point, NC. Services like FrogTutoring have tutors with expertise in working with students who have IEPs, 504 Plans, or special educational needs, providing tailored support to help all students succeed.

How are the effectiveness of tutoring sessions measured in High Point, NC?

The effectiveness of tutoring sessions in High Point, NC is measured by assessing improvements in the student's understanding of the material, grades, confidence, and test scores. FrogTutoring ensures progress tracking by providing regular progress reports and feedback sessions to discuss the student's development and adjust teaching strategies if needed.

What are the credentials of tutors in High Point, NC?

Tutors in High Point, NC typically hold at least a bachelor's degree in their subject area, and many have additional teaching certification or advanced degrees. FrogTutoring rigorously screens its tutors for knowledge, experience, and ability to effectively communicate with students, ensuring that clients receive high-quality educational support.

How can I track my child's progress with a tutor in High Point, NC?

To track your child's progress with a tutor in High Point, NC, look for regular updates from the tutor, review the student's homework and test scores, and communicate with both the tutor and your child about their learning experiences. FrogTutoring offers consistent feedback and progress reports to help keep parents informed and engaged in their child's academic journey.

Are there any group tutoring sessions available in High Point, NC?

Group tutoring sessions can be found in High Point, NC, and are beneficial for students who learn well with peer interaction and collaborative study. FrogTutoring provides options for small group tutoring, allowing students to receive personalized attention while benefiting from the dynamics of a group learning environment.

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.

High Point, NC Neighborhoods We Service

High Point, North Carolina, affectionately known as the "Home Furnishings Capital of the World," not only boasts a rich industrial heritage but also offers a mosaic of vibrant neighborhoods, each with its unique character and charm. The city's diverse communities range from bustling urban districts to serene suburban enclaves, providing residents and visitors alike with a wealth of experiences. Here, we’ll delve into the variety of neighborhoods that make up this dynamic city.

Starting in the heart of the city, we find Downtown High Point, a hub of commerce, culture, and community activities. This area is renowned for the High Point Market, the largest home furnishings trade show in the world. Downtown is experiencing a renaissance with various revitalization projects that are attracting new businesses, restaurants, and residents to the area.

To the north sits the historic district of Uptowne, which is known for its impressive collection of early 20th-century homes and buildings that showcase the rich architectural legacy of High Point. Uptowne is an area where the charm of the past meets the innovation of the present, making it a fascinating neighborhood to explore.

Heading east from downtown, you'll find the well-established neighborhood of Emerywood, one of the city's most prestigious residential areas. With its stately homes, mature trees, and tranquil streets, Emerywood exudes an air of classic Southern elegance. The neighborhood is also home to the High Point Country Club and offers easy access to several parks and recreational areas.

Adjacent to Emerywood is the bustling community of Deep River, a rapidly growing area marked by a mix of residential and commercial development. Deep River is known for its family-friendly atmosphere and convenient location near shopping centers and major highways, making it an attractive neighborhood for those looking for modern convenience.

To the south lies the neighborhood of Jamestown, which maintains a distinct small-town feel within High Point. Home to High Point University, Jamestown combines the vibrancy of college life with the quaintness of historic homes and local boutiques.

On the southwestern fringes of High Point is the neighborhood of Oak Hollow, situated around the scenic Oak Hollow Lake. A mecca for outdoor enthusiasts, the Oak Hollow community is where residents can enjoy a range of activities from boating to golfing, all within the backdrop of the beautiful lake setting.

The Skeet Club Road area, towards the western edge of High Point, is characterized by its rolling landscapes and contemporary subdivisions. This neighborhood is rapidly growing thanks to its spacious homes, proximity to natural beauty, and the convenience it offers to families and professionals alike.

Moving away from the bustling city streets and into the quieter suburbs, the Allen Jay neighborhood, to the southeast, offers a peaceful retreat. With a mix of older, well-maintained homes and new developments, Allen Jay provides a sense of community that is ideal for those seeking a slower pace of life.

Finally, the North Main Street area, stretching from the city center towards the more rural outskirts, encapsulates the diversity of High Point. In this long corridor, newer residential communities coexist with commercial enterprises, all while maintaining a connection to the city’s central amenities.

High Point's neighborhoods reflect the city's rich tapestry of history, culture, and economic vitality. From the classic to the contemporary, these enclaves are essential components of the city’s identity, offering an exceptional quality of life for their residents and inviting atmospheres for visitors. Whether you're drawn to the charm of historic districts, the convenience of suburban living, or the allure of lakeside serenity, High Point has a neighborhood to suit every preference and lifestyle.

About High Point, NC And It’s Education Institutions

High Point, North Carolina, often referred to as the "Home Furnishings Capital of the World," is renowned for its rich history in furniture manufacturing and design. Founded in 1859, the city hosts the semi-annual High Point Market, the largest home furnishings industry trade show in the world, attracting visitors from across the globe. Landmarks such as the High Point Monument, a testament to the city's furniture heritage, and the historical John Haley House offer a glimpse into the city's cultural and historical significance. As of the latest estimates, High Point has a diverse population of more than 113,000 residents, reflective of the city's evolution from manufacturing into education and other industries.

Education in High Point is served by multiple institutions, catering to a variety of academic and professional pathways. High Point University is a prominent private institution, noted for its commitment to experiential learning and community engagement. The city's public school system, High Point ISD, is dedicated to providing quality education to students K-12. Private schools such as Westchester Country Day School and High Point Christian Academy also have reputations for academic excellence. Education resources, including the High Point Public Library and various after-school programs, support student advancement and provide community enrichment opportunities.

When it comes to K-12 education, some of the top-ranking schools within High Point include Southwest Guilford High School and Penn-Griffin School of the Arts for students with an inclination towards more specialized education programs. These institutions offer a diverse set of academic curricula and extracurricular activities designed to prepare students for higher education and beyond. The city's dedication to education is made evident by its array of public and private school options and the resources devoted to ensuring that its student population has access to the tools they need for success.

Students at These High Point, NC Schools Excel with Our Tutoring

High Point, North Carolina, is home to a host of educational institutions where students have reaped the benefits of our comprehensive tutoring programs. The schools listed below represent a selection of these institutions, both private and public. While this list is not exhaustive, it offers a glimpse into the variety of schools whose students have utilized our services to enhance their educational experiences and outcomes.

High Point Central High School - A public high school offering rigorous academic programs including Advanced Placement (AP) courses.

Westchester Country Day School - An independent college preparatory school that serves students from pre-kindergarten through twelfth grade.

Southwest Guilford High School - This public high school prides itself on its diverse academic and extracurricular offerings.

Bishop McGuinness Catholic High School - A private Catholic school in nearby Kernersville, but also serving the High Point community, with a strong emphasis on academic excellence and character.

Wesleyan Christian Academy - A private Christian school providing a comprehensive education from preschool through high school.

T. Wingate Andrews High School - Known for its rich history and wide array of academic and vocational educational opportunities.

High Point Friends School - A private Quaker school that nurtures students from preschool through eighth grade.

High Point Christian Academy - Offers a private, faith-based education for preschool through high school students.

Southwest Guilford Middle School - A public middle school known for its commitment to academic growth and student involvement.

Penn-Griffin School for the Arts - A public magnet school focused on arts education alongside academic excellence.

Ferndale Middle School - This public middle school is recognized for its solid educational programs and supports for students.

Johnson Street Global Studies - A K-8 public magnet school with a focus on global education and language studies.

Tri-City Christian Academy - A private Christian school serving students from kindergarten through grade twelve.

Allen Jay Middle, A Preparatory Academy - Public preparatory school offering a rigorous college preparatory curriculum.

Immaculate Heart of Mary Catholic School - A private Catholic school providing educational services from preschool through middle school.

Shadybrook Elementary School - A public elementary school focusing on a rich curriculum and student development.

High Point Academy - A charter school that emphasizes individual learning and character education.

Northwood Elementary School - A public elementary school known for its commitment to academic excellence and community involvement.

Montlieu Academy of Technology - An elementary technology magnet school that integrates tech education with core curricula.

Oak Hill Elementary School - Offers a comprehensive elementary education with a focus on producing lifelong learners.

Please note that the list above serves as a sample of the diverse educational landscape in High Point, NC. Our tutoring programs have helped students from many other schools in the area, and we continually strive to support the academic growth and success of all students.

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.