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Choose any recent article on an accounting scandal (such as Enron, Worldcom, etc....) or an article on a company that recently restated earnings
Is the CPA considered independent with respect to the audit of the client's December 31, 2001, financial statements?
Objective: Analyze the effect of business transactions on the basic accounting equation.
The information are available for Blue Moon Company regarding its June 30, 20X5, bank statement.
Prepare a budget estimate for a microbrewery in 2008.
Anne Distagne was the CEO of Linkage Construction Inc., which served as the general contractor for the construction of the air ducts for large shopping malls
The difference between the financial statement audit your firm just completed and the internal control consulting engagement you are about to perform
Examine the circumstances that resulted in the merger or acquisition for the selected company.
Imagine that you are asked by your chief executive to help move your firm toward the use of a triple-bottom-line accounting model
What does conservatism mean in accounting? What are some of the ethical issues of selecting accounting principles for a company?
Assuming all of these items are deductible and that the amounts are before any limitations, what is Ken's taxable income for the year?
What is her current year taxable income? Show all calculations.
What is the purpose of tax planning? How do we conduct tax planning? How could tax planning lead to unethical behavior?
Why should the chief accountant of an organization have a clear understanding of both financial and managerial accounting?
What is your inheritance worth to you today if you can earn 9.5 percent on your investments?
Discuss what principle-based and rule-based accounting practices mean with regard to their application.
Make sure that you show your work on each circumstance and the overall benefit of standard versus itemizing.
What is your next step? How will you handle this situation? How would the use of auditing tools (CAATs or software) be useful?
Describe the failings of EY with respect to conducting an audit in accordance with GAAS.
Orear Manufacturing signed a contract with a supplier to purchase raw materials in 2013 for $700,000. Before the December 31, 2012 balance sheet date,
What should be the cost of the new truck for financial accounting purposes?
Required: Prepare the requested report, adjusting the income statement and the summarized statement of financial position for 2013 using IFRS rules.
How important is the U.S. deficit in traded goods in regard to the balance of payments?
The grant covered room, board, books, travel, and other expenses. I haven't filed my taxes yet because I've yet to figure out how to handle this on my tax form
If the Fed wanted to implement a contractionary monetary policy using reserve requirement, how would that work?