The IRS Commissioner c. The Treasury Secretary d. IRS Field Office Staff Members ___ 3. The Commissioner of the IRS is appointed by the: a. The Treasury Secretary b. The President of the United States c. The Chief Counsel of the IRS d. General Counsel of the Treasury Department ___ 4. Which statement is CORRECT regarding Proposed Regulations?
ACCT 304 Week 1 to 7 Quizzes Click Link Below To Buy: http://hwcampus.com/shop/acct-304-week-1-7-quizzes/ Question 1. Question : (TCO 1) Which of the following has the authority to set accounting standards in the United States? FASB IRS SEC AICPA : 1 Question 2. Question : (TCO 2) SFAC No.5 focuses on: objectives of financial reporting. qualitative characteristics of accounting information.
ACC 548 Final Exam Answers 1. Under GASB rules for the financial reporting entity a. component units are included if the primary government is financially accountable for their operations B. counties are component units of the state government C. blended and discretely presented component units are to be reported in government-wide financial statements but not in fund financial statements D. component units must be reported in columns (discrete presentation) separate from the funds of a primary government 2. According to GASB Statement No. 44, all of the following is a recommendation category for the CAFR’s statistical section EXCEPT A. financial trends information B. debt capacity information C. comparative information D. operating
Should it be? What ethical theories influence your answers? Wed., Feb. 1 – Stakeholder Framework Continued Preparation: Read 4.1–4.5 (just p.79) and Case 4.1. Prepare answers to case questions 1–3. Group and individual write-ups will be collected.
Retrieved from http://search.proquest.com/docview/214179186?accountid=12085 Kahn, R., Blair, B. The sarbanes-oxley act: Understanding the implications for information and records management. Kahn Consulting Inc. Retrieved from http://www.emc.com/collateral/article/emc-sarbaned-oxley-report-ldv.pdf Kendall, K. (2007). Streamlining sarbanes-sxley compliance. The Internal Auditor, 64(1), pp.
MEMORANDUM TO: Outside Certified Public Accountants FROM: CPA DATE: April 8, 2013 Re: CPA Report In response to the examination of the subsidiary that has been set up as a corporation, the explanations to the deferred tax methods, procedures for accounting changes and corrections, and the reasoning for setting up the corporation as a subsidiary will be addressed. Deferred Tax Methodology Financial and tax reporting creates temporary differences between the amounts reported for income taxes and on the financial statements because an accrual basis is used for financial reporting and a modified cash basis is used for tax reporting. Deferred taxes reported contain a temporary difference between the tax basis of a liability or
Claudia Correa Week 4 Individual Assignment CIS/319 Earl Sortor August 18, 2008 Memorandum To: Earl Sortor From: Claudia Correa Date: August 18, 2008 Subject: Database Use The Bank of New York, asset servicing group, provides clients with various products. These products consist of data management such as transaction history, trade activity, and most important; reports. These client services are conducted with the help of various databases that work together to fulfill a client’s need. The Bank of New York seek ways to improve services that help stay abroad the competition by focusing in technology and its applications. One of the main sources of fulfilling the client’s request is with the help of Microsoft
Larry Lancaster Chairman, President, and CEO Apollo Shoes, Inc. 100 Shoe Plaza Shoetown, ME 00001 Dear Larry Lancaster: I am excited for the opportunity to do business with you and your company, Apollo Shoes. The purpose of this letter is to explain the services that my firm has to offer as well as listing the great benefits these services will be to your company. I will discuss the responsibility to follow regulations measurements. It will also explain my role in servicing my audit clients. There are three specific types of audits that my firm has to offer.
I believe the graduate program at George Mason University is the best fit for me since it will help me continue the journey toward my ultimate career goal, a journey that began early in my life. Since the first time I laid eyes on financial charts as a young girl, I have been fascinated by finance related topics. This curiosity led me to focus my studies at the University of Virginia on commerce with an emphasis on finance and information technology. During that time, to gain practical experience and insights, I held several internships that covered every part of the business, from finance and accounting to data management. Upon graduation I accepted a full-time position at SAIC, where I spent the first three years in FP&A managing the finances for two independent operations with combined annual revenue of nearly $160M, over 100
The Change Control process is accomplished in three phases: the Request Phase, the Review Phase, and the Documentation Phase. The Request Phase is where the Change Request originates and appropriate classification is determined. For the Review Phase, an assessment of the proposed Change Request is accomplished and approval is obtained from the appropriate authority level. Approved changes are implemented and integrated project baseline documents are revised in the Documentation Phase. 1.9 Outsourcing Items The project was initiated due to the need for JKT Associates to outsource most of its administrative legal functions.