Tax Case Studies and the Assignment
CPA Tax Elective cases
The CPA Tax Elective Exam is a 3 hour exam that you are allowed 4 hours to write (1 extra hour). Each 3 hour exam includes 30 minutes of objective questions and 150 minutes of cases. The case portion of the exam consists of 2 cases and each case can be 60 to 90 minutes long. The mock CPA Tax Elective case (Mandrake Construction) on the CPA Canada website is 80 minutes long and this has been the length of many UFE cases in the past.
Each CPA Tax Elective case is at least 50% tax. Non-tax technical competencies can be tested: e.g. financial reporting, strategy and governance, management accounting, audit and assurance and finance.
Differences between the Assignment and a CPA Tax Elective case
1. In CPA cases, there are usually financial statements. This assignment does not have financial statements.
2. This optional assignment is a little more directed than a CPA tax elective case would be (e.g. the headings in the body of the case) and would probably have fewer computations.
3. A CPA Tax Elective case would also cover ADMS 4562 content.
4. A CPA Tax Elective case would cover more non-tax technical competencies.
Attachment:- Assignment Files.rar