Accounting is not just debit and credit or assets =liabilities +capital .It is not as easy as it looks. It is much more than that. An understanding of accounting requires thought knowledge of the accounting standards and how items have to be treated in accounting according to the relevant standards that are applicable.
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The help students prepare books of accounts and subsequent financial statements. They also help students with different treatments to different accounting transactions and also help them prepare tax statements accruing out of particular financial transaction or event.
This help recognizes the difficulty that students undergo while computing the net profit and subsequent treatment given to deferred expenses, revenues and many other items subsequent to preparation of the profit and books of account.
The experts not only teach the students computation of net profit but also help them prepare the financial rations. They also help students to do the sums on an excel spreadsheet so that budgeting can be done easily. The experts also interpret the different accounting standards for the student and the regulations that go towards GAAP compliances. Experts also teach the students the vagaries of the cash flow statements and how they can be interpreted.
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