Question: Write 250 words for each question:
1) Looking at the IRS source, what is the difference between a Treasury Regulation and a Revenue Ruling? What is Treasury Regulation § 1.0-1 Internal Revenue Code of 1954 and regulations?
2) What about the AICPA's auditing standards?
Information related to above question is enclosed below:
Attachment:- week6discussionthread2.rar