Learn Accounting from verified experts
Learning accounting is one of the main things that keeps students awake at night. Topics like memos, invoices, balance sheets, receipts, vouchers, sales orders, cash flow, supplier invoices, and bank statements take time to understand. Students often feel that they need extra guidance to understand the typical topics of accounting. To help students master this subject with ease, we, at CrunchGrade provide online accounting tutoring all over Australia. Accounting and finance courses are generally studied in Year 11 and Year 12. Both of them are ATAR courses.
What’s included in our online Accounting tutoring program?
Our accounting online tutoring program enables students to:
- Develop an understanding of how financial decisions are made
- We help them understand financial systems and processes
- They also learn the accounting principles and their applications in the real world
Our online accounting tuition includes the following topics:
Year 11 Accounting Topics
- fundamental concepts and conventions of financial accounting, including:
- the accounting equation
- double entry accounting
- the accounting cycle: documents, journals, ledger, adjusting entries, closing entries and financial statements
- principles of the perpetual inventory system
- principles and features of the GST, including:
- taxable supplies, GST-free supplies and input taxed supplies
- accounting and reporting for the GST, including the business activity statement (BAS)
- accepted accounting principles and conventions, including:
- accounting entity
- monetary
- historical cost
- materiality
- accounting period
- going concern
- accrual basis of accounting as per the Conceptual Framework for Financial Reporting (the Conceptual Framework)
- the distinction between cash and accrual methods of accounting
- definition, as per the Conceptual Framework, of:
- assets
- liabilities
- equity
- income
- Expenses
- recognition criteria, as per the Conceptual Framework, for:
- assets
- liabilities
- income
- Expenses
- classification of income, expenses, assets and liabilities by nature and function
- purpose and nature of the following balance day adjustments:
- accrued expenses
- prepaid expenses
- stock of supplies
- accrued income
- income in advance
- doubtful debts
- Depreciation
- interpretation of the following ratios to evaluate the profitability and stability of a business
- profitability ratios:
- profit
- gross profit
- expense
- rate of return on assets
- liquidity ratios:
- working capital
- quick asset
- leverage ratio:
Year 12 Accounting Topics
- the important financial principles of asset management
- appropriate levels of investment in non-current assets
- appropriate management of accounts receivable, inventory and cash
- appropriate management of short and long-term debt
- an appropriate level of equity capital
- nature and importance of capital investment decisions
- concept of the time value of money
- factors affecting capital investment decisions, including:
- consumer preferences
- competition
- government regulation
- explain the relationship between volume of activity, costs and profit
- cost-volume-profit (CVP) processing for a single and multi-product (maximum three products) business
- calculation of contribution margin
- calculation of contribution margin per unit
- calculation of weighted average contribution per unit
- calculation of margin of safety
- calculation of selling price, variable cost, fixed cost, profit or sales volume
- calculation of break-even point
- calculation of the effect on profit/loss of make or buy decisions
- calculation of the effect on profit/loss of closing a department/dropping a segment product decision
- calculation of the gain or loss on special order decisions
- preparation of cash budgets, including debtors’ and creditors’ schedules
- preparation of budgeted income statements
- preparation of performance reports for cash budgets and budgeted income statement
- capital investment/budgeting techniques for capital expenditure limited to calculations for cash flows using the straight-line depreciation method only and net of taxation
- discounted cash flows [net present value (NPV) only]
- payback period
Please note: These topics are based on the Australian WA curriculum for Year 11 and Year 12. We also cover other curriculums followed in Australia such as ACT, NSW, TAS, and SA, NT.
Top features of our online accounting tuition
Verified tutors: We select every online accounting tutor after a standardised selection process in which we test their teaching skills along with their knowledge and passion for the subject.
Pay per lesson: We do not bind the students in any contracts. Students pay for the classes they take. There is no obligation as to how many classes a student can take in a day or in a month.
Choose your tutor: We have provided complete tutor profiles here that showcase their experience, qualifications and student ratings. You can select a tutor based on your choice.
First lesson free: We offer a free demo session or free first lesson to the students so that they can test whether they are comfortable with our teaching pattern and online learning environment.
What makes CrunchGrade tutoring different?
- At CrunchGrade students of all educational levels can find a perfect accounting tutor and study accounting online without spending hours commuting to the tutor’s place.
- With us, you can begin your accounting lessons online as per your schedule. Try your first lesson FREE for up to 30 Minutes!
- If you are one of those that find it difficult to learn to account in a group, our one-on-one study sessions are a perfect solution for you. You can find highly qualified tutors from the University of Sydney, Curtin University, Monash University and many more, providing accounting classes 24/7 through our platform.
- Find help in building a solid foundation in accounting or prepare for an accounting test next week at any time of the day.
- Whether it is cash flow, income statement, bookkeeping, payrolls or calculating the overheads, you can learn financial accounting straight away from your desktop screen. Our online accounting classes are equipped with file-sharing tools and a shared whiteboard that allow the students and tutors to work on accounting problems together.
- We can help you find the best accounting tutors from all over Australia. They use innovative teaching aids, provide clear explanations and create lesson plans as per the student learning needs.
- You can start with the basic accounting lesson or straightaway move to the advanced topics. Have a look at our tutor profiles to know more about their qualifications, and teaching experience and find out what their past students say about them.
What do our clients say about us?
“My daughter’s accounting tutor has been teaching accounting for more than 7 years. He has helped her grasp all important concepts in just two months which tremendously increased her class performance.”
Jarod, Newcastle
“My son was facing a lot of difficulties in understanding statistics. Thanks to his accounting tutor online, he can now solve questions on his own correctly. We are very impressed with the flexible online tutoring options that CrunchGrade provides. We can schedule classes any time which seems the best for us.”
Sharon, Darwin
“If you are looking for professional accountants who have worked for state as well as private firms, CrunchGrade can help you find them. They have experienced accounting experts who impart in-depth knowledge to students. Both my daughters have studied accounting from CrunchGrade’s online tutors and have performed extremely well at school.”
Dina, Western Australia
“CrunchGrade is a superb platform for Year 11 and Year 12 students who want to learn accounting. My son studied from their tutors for two years and had got many of his doubts cleared from his tutors. They offer a personal study plan which helped my son a lot in coping up with the subject at school.”
Stan, Perth
“Extremely knowledgeable tutors. Highly recommendable website for students of Year 11 and Year 12. My son was facing a lot of problems in finance and accounting. The tutor worked hard with him and made things clear.”
Linda, Sydney
“Accounting is a tough subject but the tutors here make it look really simple to the students. My elder son studied accounting in Year 12 for just 2 months from CrunchGrade and secured an A grade without any trouble.”
Romy, Sydney
