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1) Do you think a uniform set of accounting standards across all nations will work? Provide pros and cons to your argument. Provide Reference in APA format and maximum of 200 words.
2) Many companies hold equity securities of other companies as investments. The journal entries and accounting methods differ, depending on the percentage of interest held. Discuss briefly the various categories of these investments and why the accounting approach differs. Provide reference in APA format and Maximum 250 words.
3) There are differences between financial statements prepared for calculating income taxes and those prepared for financial reporting purposes. The former is prepared according to the Internal Revenue Code while the latter is prepared according to GAAP. What are the differences between the objectives of financial statements for calculating tax liability and financial reporting? Provide reference in APA format maximum 200 words.
4) The most common types of pension plans are the defined-contribution plan and the defined-benefit plan. Discuss the advantages and disadvantages of each. Provide reference in APA format and maximum 200 words.
Your firm is considering to open a new factory via direct investment in Latin America and management is evaluating the specific country locations for this project. The pool of candidate countries has been narrowed to Honduras, Chile, and Mexico.
Assume that you are the PricewaterhouseCoopers audit engagement partner and have assessed Kodak as a high-risk client. Explain the modification you would make to the audit engagement procedures to minimize any potential liability of the firm.
part adescribe why the payment to the taxpayer in fct v dixon 1952 86 clr 540 was assessable income but the payment in
sun city savings and loan companypina johnson amp associates has recently been awarded the audit of sun city savings
Why is there greater risk for an individual accounting worker than there was before? Why is the primary objective of an audit is to add credibility to management's financial statements?
Prepare Swag's consolidated balance sheet
Should rent new equipment and continue to make its subassemblies internally, or whether it should discontinue production of its subassemblies and buy them from an outside supplier.
question the final report that john wants you to prepare for him is for the audit client malos ojos limited mo who
At the end of 2007 Aramis Company has accounts receivable of $800,000 and an allowance for doubtful accounts of $40,000. On January 16, 2008, Aramis Company determined that its receivable from Ramirez Company of $6,000 will not be collected, and m..
Evaluate planning materiality, and tolerable misstatement. Justify your decisions. Determine the audit findings. Justify your decisions.
Bombeck Company sells a product for $1,500. When the customer buys it, Bombeck provides a one-year warranty. Prepare a journal entry to record the estimated liability.
Which of the following procedures would an auditor most likely include in the initial planning of a financial statement audit?
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