Write a summary of the key elements of the professional

Assignment Help Accounting Basics
Reference no: EM131800576

Complete the following.

Write a summary of the key elements of the professional judgment framework presented in this module.

Search again the American Institute of Certified Public Accountants (AICPA) Web site atwww.aicpa.orgto locate a disciplinary action. (Choose one that was not discussed in the Discussion Forum.) Explain which elements of the professional judgment framework were violated by the subject of this disciplinary action.

Suggest one additional element that you think might be included in the framework. The element should be one that would improve the quality of the auditor's professional judgment.

Reference no: EM131800576

Questions Cloud

How much goodwill impairment should jericho report for 2012 : Which of Jericho's reporting units require both steps to test for goodwill impairment? How much goodwill impairment should Jericho report for 2012
Discuss what is the personal income tax for each person : received $50,000 employment income. His wife earned $45,000 from her job. What is the personal income tax for each person
Describe the company strategy for dealing with challenges : Describe the company's strategy for dealing with these challenges/issues. Do you feel that the company's strategy was effective or not?
Prepare the issuance of preferred stock for cash : Prepare the Issuance of preferred stock for cash, Issuance of common stock for cash and Purchase of common treasury stock for cash.
Write a summary of the key elements of the professional : Write a summary of the key elements of the professional judgment framework presented in this module
Calculate the translation adjustment for malont : Calculate the translation adjustment for Malont and state whether it is a positive or a negative adjustment - Calculate Malont's net assets in stickles
What did sally take to the problem by filing the grievance : What dispute resolution approach from our reading this week was the owner implying he would have implemented in solving the problem?
What is the labor productivity at alutech : AluTech, a light engineering company manufactures 1000 units per day with the following resources shown in the table:
Calculate the depreciation expense recorded on the machine : Calculate the depreciation expense recorded on the machine in 2004

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd