Leo Evans

Leo Evans

Richard Evans is the dynamic founder of The Profs, NatWest’s Great British Young Entrepreneur of The Year and Founder of The Profs - the multi-award-winning EdTech company (Education Investor’s EdTech Company of the Year 2024, Best Tutoring Company, 2017. The Telegraphs' Innovative SME Exporter of The Year, 2018). Sensing a gap in the booming tuition market, and thousands of distressed and disenchanted university students, The Profs works with only the most distinguished educators to deliver the highest-calibre tutorials, mentoring and course creation. The Profs has now branched out into EdTech (BitPaper), Global Online Tuition (Spires) and Education Consultancy (The Profs Consultancy).

69 Articles Written
Understanding Revenue Recognition

Understanding Revenue Recognition

Revenue recognition is a crucial topic in the world of accounting and finance. It is the process of recording and...

Understanding the Basics of Accounting

Understanding the Basics of Accounting

Welcome to our comprehensive guide on understanding the basics of accounting! Whether you are a student taking...

The Importance of Trial Balance in Bookkeeping Tutoring

The Importance of Trial Balance in Bookkeeping Tutoring

Financial statements are an essential aspect of bookkeeping and accounting. They provide a detailed overview of a...

Relevant Costs and Revenues: A Comprehensive Guide for Accounting Tutors

Relevant Costs and Revenues: A Comprehensive Guide for Accounting Tutors

Welcome to our comprehensive guide on Relevant Costs and Revenues for accounting tutors. If you are looking to deepen...

The Importance of Understanding Your Bank Statement

The Importance of Understanding Your Bank Statement

Welcome to our article on the importance of understanding your bank statement. If you're like most people, you probably...

Understanding Margin of Safety in Managerial Accounting

Understanding Margin of Safety in Managerial Accounting

In the world of managerial accounting, understanding the concept of margin of safety is crucial for making informed...

How to Master Journal Entries for Bookkeeping Tutoring

How to Master Journal Entries for Bookkeeping Tutoring

Are you looking to improve your bookkeeping skills and master journal entries? Look no further! In this article, we will...

A Complete Guide to QuickBooks for Accounting Tutors

A Complete Guide to QuickBooks for Accounting Tutors

Welcome to our complete guide to QuickBooks for accounting tutors! As an accounting tutor, you understand the importance...

Understanding Balance Sheets for Financial Accounting Tutoring

Understanding Balance Sheets for Financial Accounting Tutoring

Welcome to our comprehensive guide on understanding balance sheets for financial accounting tutoring! In the world of...

Understanding the Accounting Equation

Understanding the Accounting Equation

Welcome to our in-depth guide on understanding the Accounting Equation! Whether you are a student studying financial...

Master budget: A Comprehensive Overview for Accounting Tutors

Master budget: A Comprehensive Overview for Accounting Tutors

Master budgeting is an essential aspect of managerial accounting, providing a comprehensive overview of an organization's ...

Understanding Income Statements: A Comprehensive Guide

Understanding Income Statements: A Comprehensive Guide

Welcome to our comprehensive guide on understanding income statements! Whether you're a student learning about financial...

Job Costing: A Comprehensive Guide for Accounting Tutors

Job Costing: A Comprehensive Guide for Accounting Tutors

In the world of accounting, job costing is a crucial aspect that every accounting tutor must understand. It is a method...

Accounting Software: The Ultimate Guide to Bookkeeping Tutoring

Accounting Software: The Ultimate Guide to Bookkeeping Tutoring

Welcome to the ultimate guide for accounting software! If you're new to bookkeeping or looking to improve your skills,...

All You Need to Know About Break-Even Analysis

All You Need to Know About Break-Even Analysis

Welcome to our comprehensive guide on break-even analysis. If you are a business owner or manager, understanding your...

Cost Behavior: Understanding and Managing Your Finances

Cost Behavior: Understanding and Managing Your Finances

Welcome to our comprehensive guide on cost behavior. Whether you are a business owner, accountant, or simply someone...

Understanding Ratio Analysis for Financial Accounting Tutoring

Understanding Ratio Analysis for Financial Accounting Tutoring

Ratio analysis is an essential tool for understanding the financial health of a company. It involves analyzing and...

Mastering Vertical and Horizontal Analysis in Financial Accounting

Mastering Vertical and Horizontal Analysis in Financial Accounting

Welcome to our comprehensive guide on mastering vertical and horizontal analysis in financial accounting. Whether you are ...

Understanding Audit Planning and Execution: A Guide for Accounting Students

Understanding Audit Planning and Execution: A Guide for Accounting Students

Are you an accounting student looking to learn more about audit planning and execution? Look no further! In this article, ...

Understanding Solvency Ratios: A Comprehensive Guide for Accounting Tutors

Understanding Solvency Ratios: A Comprehensive Guide for Accounting Tutors

Welcome to our comprehensive guide on understanding solvency ratios. As an accounting tutor, it is important to have a...

Trend Analysis for Financial Accounting Tutoring

Trend Analysis for Financial Accounting Tutoring

Welcome to our comprehensive guide on trend analysis for financial accounting tutoring! Whether you're a student...

The Importance of Recording Transactions for Financial Accounting Students

The Importance of Recording Transactions for Financial Accounting Students

Welcome to our article on the importance of recording transactions for financial accounting students! In the world of...

Understanding Variance Analysis: A Comprehensive Guide for Accounting Students

Understanding Variance Analysis: A Comprehensive Guide for Accounting Students

In the world of accounting, understanding variance analysis is crucial for making informed business decisions. This...

What is an Adjusted Trial Balance and How to Prepare One

What is an Adjusted Trial Balance and How to Prepare One

Welcome to our article on adjusted trial balance, an essential aspect of bookkeeping and financial statement preparation. ...

Understanding Closing Entries: A Comprehensive Guide

Understanding Closing Entries: A Comprehensive Guide

Welcome to our comprehensive guide on understanding closing entries! If you're new to the world of bookkeeping or...

Tax Deductions and Credits: A Comprehensive Overview

Tax Deductions and Credits: A Comprehensive Overview

Welcome to our comprehensive overview of tax deductions and credits. If you're like most people, tax season can be a...

Partnerships and Joint Ventures: Exploring Opportunities in Accounting

Partnerships and Joint Ventures: Exploring Opportunities in Accounting

Partnerships and joint ventures are two popular business structures that have gained immense popularity in recent years....

Introduction to Cost Classification for Accounting Tutoring

Introduction to Cost Classification for Accounting Tutoring

Welcome to our comprehensive guide on cost classification for accounting tutoring! If you are a student or professional...

A Beginner's Guide to Understanding Target Profit Analysis

A Beginner's Guide to Understanding Target Profit Analysis

Are you looking to improve your understanding of cost-volume-profit analysis? Do you want to learn how to effectively...

Understanding Basic Accounting Principles: A Comprehensive Guide to Financial Accounting

Understanding Basic Accounting Principles: A Comprehensive Guide to Financial Accounting

Welcome to our comprehensive guide on understanding basic accounting principles! Whether you are a student studying...

A Beginner's Guide to Recording Transactions in Accounting

A Beginner's Guide to Recording Transactions in Accounting

Welcome to our beginner's guide to recording transactions in accounting. Whether you are a small business owner, a...

Understanding Cost Behavior Patterns: A Comprehensive Guide to Accounting Tutoring

Understanding Cost Behavior Patterns: A Comprehensive Guide to Accounting Tutoring

Welcome to our comprehensive guide on cost behavior patterns in cost accounting. Cost behavior patterns play a crucial...

A Beginner's Guide to Understanding Financial Statements

A Beginner's Guide to Understanding Financial Statements

Welcome to our beginner's guide on understanding financial statements! Whether you're a business owner, a student, or...

Understanding the Importance of a Chart of Accounts in Bookkeeping

Understanding the Importance of a Chart of Accounts in Bookkeeping

A crucial aspect of bookkeeping is the organization and recording of financial transactions. For any business, it is...

An Overview of FreshBooks for All Your Accounting Needs

An Overview of FreshBooks for All Your Accounting Needs

In today's fast-paced business world, managing finances and keeping track of expenses can be a daunting task. That's...

Activity-Based Costing: An Essential Guide for Cost Accounting Tutoring

Activity-Based Costing: An Essential Guide for Cost Accounting Tutoring

Welcome to our comprehensive guide on Activity-Based Costing (ABC), an essential tool for cost accounting tutoring. This...

An Overview of Trend Analysis in Accounting

An Overview of Trend Analysis in Accounting

Welcome to our article on trend analysis in accounting! As technology continues to advance and the business landscape...

Understanding Materials and Labor Variances

Understanding Materials and Labor Variances

Welcome to our article on understanding materials and labor variances in cost accounting! As a business owner, it is...

Understanding General Ledger Accounts

Understanding General Ledger Accounts

Welcome to our article on understanding general ledger accounts! If you're new to bookkeeping or just need a refresher,...

Consolidations and Mergers: Understanding the Basics of Corporate Restructuring

Consolidations and Mergers: Understanding the Basics of Corporate Restructuring

In today's ever-changing business landscape, it is not uncommon for companies to undergo various forms of restructuring....

10 Tax Planning Strategies You Need to Know

10 Tax Planning Strategies You Need to Know

When it comes to taxes, preparation is key. With the right tax planning strategies in place, you can save yourself time,...

The Importance of Bank Reconciliation Statement for Bookkeeping Tutoring

The Importance of Bank Reconciliation Statement for Bookkeeping Tutoring

Welcome to our article on the importance of bank reconciliation statements for bookkeeping tutoring. If you're a...

Understanding Liquidity Ratios: A Comprehensive Guide

Understanding Liquidity Ratios: A Comprehensive Guide

In the world of finance and accounting, numbers play a crucial role in decision making. One set of numbers that is often...

Foreign Currency Transactions: An Essential Guide for Accounting Students

Foreign Currency Transactions: An Essential Guide for Accounting Students

Welcome to the world of accounting, where numbers and financial transactions hold the key to understanding the financial...

Understanding Sales Variances: A Comprehensive Guide for Accounting Students

Understanding Sales Variances: A Comprehensive Guide for Accounting Students

Welcome to our comprehensive guide on understanding sales variances in cost accounting. For accounting students, sales...

Understanding Inventory Valuation for Accounting Tutoring

Understanding Inventory Valuation for Accounting Tutoring

Inventory valuation is a crucial aspect of accounting that can greatly impact the financial stability and success of a...

Tax Filing Deadlines: Everything You Need to Know

Tax Filing Deadlines: Everything You Need to Know

In the world of finance, taxes are an inevitable part of life. Every year, individuals and businesses alike are required...

What You Need to Know About Job Costing in Managerial Accounting

What You Need to Know About Job Costing in Managerial Accounting

Are you struggling to understand the concept of job costing in managerial accounting? Look no further! In this article,...

Mastering the Accounting Cycle: A Comprehensive Guide to Bookkeeping Tutoring

Mastering the Accounting Cycle: A Comprehensive Guide to Bookkeeping Tutoring

Welcome to our comprehensive guide on mastering the accounting cycle! Whether you're a beginner in the world of...

Understanding Audit Reports and Opinions: Everything You Need to Know

Understanding Audit Reports and Opinions: Everything You Need to Know

Audit reports and opinions are an integral part of the accounting process, providing crucial information to stakeholders...

Understanding GAAP and IFRS: A Comprehensive Guide to Accounting Standards

Understanding GAAP and IFRS: A Comprehensive Guide to Accounting Standards

Welcome to our comprehensive guide on GAAP and IFRS, two of the most widely used accounting standards in the world....

Understanding the Statement of Cash Flows

Understanding the Statement of Cash Flows

Welcome to our article on understanding the Statement of Cash Flows. As a crucial financial statement, the Statement of...

How to Make Informed Decisions: A Comprehensive Guide to Accounting Tutoring

How to Make Informed Decisions: A Comprehensive Guide to Accounting Tutoring

In today's fast-paced business world, making informed decisions is crucial for success. One key aspect of decision-making ...

Understanding Common-Size Analysis in Accounting

Understanding Common-Size Analysis in Accounting

Welcome to our article on understanding common-size analysis in accounting. In the world of finance, it's essential to...

Understanding Process Costing for Accounting Tutoring

Understanding Process Costing for Accounting Tutoring

Process costing is a vital aspect of cost accounting that is used to calculate the cost of goods or services in a...

Xero: The Ultimate Guide to Mastering Accounting Topics and Finding the Best Tutor

Xero: The Ultimate Guide to Mastering Accounting Topics and Finding the Best Tutor

Are you struggling to understand accounting and looking for the best way to master it? Look no further than Xero! This...

A Comprehensive Look at Flexible Budgeting for Managerial Accounting Tutoring

A Comprehensive Look at Flexible Budgeting for Managerial Accounting Tutoring

Welcome to our comprehensive guide on flexible budgeting for managerial accounting tutoring! In today's ever-changing...

Understanding Overhead Variances

Understanding Overhead Variances

Welcome to our in-depth article on understanding overhead variances! Whether you are a student studying cost accounting...

How to Understand and Utilize Profitability Ratios in Financial Accounting

How to Understand and Utilize Profitability Ratios in Financial Accounting

In the world of finance and accounting, profitability ratios are crucial in determining the financial health of a...

Double-Entry Bookkeeping: A Comprehensive Guide

Double-Entry Bookkeeping: A Comprehensive Guide

Welcome to our comprehensive guide on double-entry bookkeeping! Whether you are new to the world of bookkeeping or...

Understanding Cost-Volume-Profit Analysis for Managerial Accounting Tutoring

Understanding Cost-Volume-Profit Analysis for Managerial Accounting Tutoring

Cost-volume-profit analysis is a fundamental tool for managerial accounting that helps businesses make informed decisions ...

How to Find the Perfect Accounting Tutor for Your Needs

How to Find the Perfect Accounting Tutor for Your Needs

Are you struggling with special order decisions in your managerial accounting class? Do you find yourself constantly...

Understanding Product vs Period Costs in Cost Accounting

Understanding Product vs Period Costs in Cost Accounting

In the world of cost accounting, there are two types of costs that are essential to understand: product costs and period...

How to Master Internal Control Evaluation for Accounting Classes

How to Master Internal Control Evaluation for Accounting Classes

Internal control evaluation is a crucial aspect of any accounting class. It is a vital process that helps businesses...

How to Master Ratio Analysis: A Comprehensive Guide

How to Master Ratio Analysis: A Comprehensive Guide

Welcome to our comprehensive guide on mastering ratio analysis. As a crucial tool for financial analysis, understanding...

Understanding Adjusted Bank Balance: A Comprehensive Overview for Accounting Students

Understanding Adjusted Bank Balance: A Comprehensive Overview for Accounting Students

Welcome to our comprehensive guide on understanding adjusted bank balance. If you are an accounting student, you may have ...