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A career in taxation is by no signifies limited to public accounting. for the reason that there are so many types of taxes impacting so many aspects of our lives tax specialists act as consultants in a large number of fields. For instance many companies offer deferred compensation or stock bonus plans to their executives. Almost all companies provide some sort of pension or other retirement plan for their employees and health care benefits. Major tax savings is able to be generated for both the company and their employees if these benefits are structured correctly. In reply to the amazing complexity of our tax laws many schools offer masters degrees specializing in tax. Such a degree isn't required to specialize in tax but does offer students a significant advantage if they want to pursue a career in taxation. In a recent review of 1400 chief financial officers the top two responses to the question which one of the following areas of specialization would you recommend to someone just beginning his or her career in accounting? Were tax accounting and personal financial planning. These responses reproduce the indisputable fact that as the US demographic includes more wealthy and older Americans than ever before professional tax guidance will be in ever-increasing demand.
what is accrued revenue
The book of Deven Verma could not be tallied. The account transferred the difference of Rs. 1.270 in the suspense account on the debit side. the following mistakes were found later
THE BALANCE SHEET CONCEPTS According to Howard, a Balance Sheet might be definite as - 'a statement which reports the principles owned by the enterprise and the assert of the c
For earnings management, is impairment of goodwill easier to manipulate than impairment of PPE?
In accounting, only those facts that can be expressed in terms of money are recorded. When money is accepted not merely as a medium of exchange but also as a measuring rod of value
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ERS is a business process among trading partners that conduct commerce without invoices. In an ERS transaction the supplier ships goods based upon an Advance Shipping Notice (ASN)
Q. Economic substance of the transaction? In a few business transactions the economic substance of the transaction conflicts with its legal form. For instance a contract that i
Assignment Comments – Debt-to-assets ratio: 50% Current Ratio: 1.8x Total assets turnover: 1.5x Days sales outstanding: 36.5 days* Gross profit margin
Q. Explain FOB shipping point freight collect? FOB shipping point freight collect - Buyer both initially pays and incurs the freight chargers. The proper party (buyer) paid the
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