• Q : What is the effect on income before taxes....
    Taxation :

    What is the effect on income before taxes of the change requested by the controller? Ethically, what are my options and responsibilities along with the possible consequences of any action I take?

  • Q : Create a code of ethics for fictitious company....
    Accounting Basics :

    The task is to create a Code of Ethics for fictitious company or organization. This should include the following:

  • Q : Prepare for the upcoming company audit....
    Accounting Basics :

    The CEO of your company has asked you to help prepare for the upcoming company audit. One of the items the CEO has asked you to do is suggest a number of sources in which you could get information t

  • Q : Federal income tax exemption of interest....
    Taxation :

    What are the arguements for/against the criticism that the federal income tax exemption of interest on state-local debt is an inefficeint subsidy because the federal government makes no choice amoun

  • Q : Current issue in government and non-profit accounting....
    Accounting Basics :

    Make use of the Internet or other resources to locate an article pertaining to a current issue in government and non-profit accounting. Prepare a 350-400 word analysis of your article.

  • Q : Foundational to the american law and economic system....
    Accounting Basics :

    We know that the concept of privately owned property is foundational to the American law and economic system. Historically unprecedented individual prosperity resulted from this largely unregulated

  • Q : Government and not-for-profit accounting....
    Accounting Basics :

    Write a one-page Memo (double-spaced) to a non-financial audience in which you explain how increasing scrutiny (careful examination) and demand for accountability by the public has impacted reportin

  • Q : Collected taxes applicable to fiscal....
    Taxation :

    For its fiscal year ending September 30, 2007, Twin City levied $500 million in property taxes. It collected taxes applicable to fiscal 2007 as follows (in millions):

  • Q : Determine the proper accounting treatment....
    Accounting Basics :

    Assignment: Roman Co., in preparation of its December 31, 2010, financial statements, is attempting to determine the proper accounting treatment for each of the following situations.

  • Q : Taxing power of the governmental unit....
    Taxation :

    Short-term loans which are backed by the taxing power of the governmental unit and used to meet working capital requirements are called:

  • Q : Evolving role of the professional accountant....
    Accounting Basics :

    After visiting the websites of professional accounting organizations, discuss the continually evolving role of the professional accountant. How has the role evolved in recent years?

  • Q : Standards-variances and flexible budgets....
    Accounting Basics :

    Q1. How were the standard costs developed? Q2. How did Preston Lansing probably "rig" the standard costs -- are the standards set too high or too low?

  • Q : Taxes and intergovernmental grants....
    Taxation :

    Governmental activities - stuff financed mostly with taxes and intergovernmental grants; these correlate with governmental funds. There are five types of these:

  • Q : Government and business budget making....
    Accounting Basics :

    Problem: What are some of the differences that are apparent between government and business budget making? Are there any similarities in their profit motives?

  • Q : How emission charges encourage businesses to innovative....
    Taxation :

    Problem: How can emission charges encourage businesses to be innovative? Provide a specific example of this. Compare this approach with a standard regulation from a central authority.

  • Q : Tax goods with elastic or inelastic demand....
    Taxation :

    Would you expect government to tax goods with elastic or inelastic demand? Explain how the elasticity of the taxed good would affect government revenue. Use at least one example of a good that is ta

  • Q : Statements regarding tax credits....
    Taxation :

    Question) Which of the following statements regarding tax credits is true? A. Tax credits provide a greater tax benefit the greater the taxpayer's marginal tax rate. B. None of the answer choices are

  • Q : Essential principle of accounting for nonprofit organization....
    Accounting Basics :

    Problem 1: A description of the essential principles of accounting for nonprofit organizations and municipal agencies. Problem 2: A description of the unique issues related to accounting processes for

  • Q : Waiting period for participation....
    Accounting Basics :

    Problem: Does all service with an employer count for purposes of the one-year waiting period for participation?

  • Q : Opinion on requiring audit firm and partner rotation....
    Accounting Basics :

    Currently there is no regulation on audit firm rotation and it is required to do partner rotation. Discuss past and present regulations related to both and write a conclusion which will include the

  • Q : Members of society be forced to pay through taxation....
    Taxation :

    Should the wealthier members of society be forced to pay through taxation, for the poorer members? If so, how much?

  • Q : Describe tax and ethical considerations....
    Taxation :

    Please describe tax and ethical considerations (with supporting authority where possible) regarding whether one should prepare a gift tax return that reports the taxable gifts in the following situa

  • Q : What does conservatism mean in accounting....
    Accounting Basics :

    What does conservatism mean in accounting? What are some of the ethical issues of selecting accounting principles for a company? Accountants apply the convention of conservatism when analyzing econo

  • Q : Use of portfolio equation....
    Financial Accounting :

    What are the assumptions of interest tax shield respectively for Hamada equation and portfolio equation? Accordingly when should we use Hamada equation and when to use portfolio equation? Show the c

  • Q : Realistic present value for potential lifetime earning....
    Financial Accounting :

    Construct a realistic present value for your potential lifetime earnings over your entire working life. Begin with your age(19) when you entered your first year of undergraduate education, which wil

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