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The state of New York became one of the first states to require a prospective attorney to perform pro bono work before applying for a law license. This rule goes into effect January 1, 2015. Any newly licensed attorney must document that he or she has performed 50 hours of pro bono, law-related work prior to admission to the bar. One way to satisfy this requirement is by working in a low income tax clinic if the questions involved are legal questions and a licensed attorney supervises the prospective attorney. Imagine that the Executive Director of the State Board of Public Accountancy in your home state has read the New York rule, and has proposed a similar rule for CPAs in your home state. Evaluate the full Board of Public Accountancy's decision using the ethical decision making model and an ethical theory other than Utility Theory, Kant's version of Deontology, or the theory you used on the first ethical problem.
microsoft corporation reports its investments available-for-sale at the fair value of the investment securities. the
Ellis sold all of the Hiller stock for $17 per share on December 3, 2008, incurring $14,000 in brokerage commissions. What should Ellis Company should report a realized gain on the sale of stock in 2008?
Roberto Corporation was organized on January 1, 2011. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2011, Roberto had the following transactions relating to shareholders' equity:
doaktown products manufactures fishing equipment for recreational uses. the miramichi plant produces the companys two
leasing transactions represent a very significant portion of the capital investments of many companies. the accounting
p corporation paid 2000000 for all 200000 shares outstanding of s corporation. the transaction is recorded as a merger.
During the current year, the Yankton Company purchased 200 shares of in the Sorros Company for $13,000 as a temporary investment. At the end of the year, the market value of the stock was $11,000. The Yankton Company's financial statements for the..
Samantha's Design Studio showed office supplies available of $700. A count of the supplies left on hand as of June 30 was $400. The adjusting journal entry is:
the most probable value to role on two dice is 7. the most probable number of heads in two coin flips is one head. what
colaw company is considering buying equipment for 240000 with a useful life of five years and an estimated salvage
the market value of the marketing research firm fax facts is 400 million. the firm issues an additional 150 million of
an employee earns 40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. assume that the
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