...ACC 455 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A+ ACC 455 Week 1 Individual assignment Tax Return Position Paper (UOP Course) ACC 455 Week 1 DQ 1 (UOP Course) ACC 455 Week 1 DQ 2 (UOP Course) ACC 455 Week 1 DQ 3 (UOP Course) ACC 455 Week 2 Individual Assignment Problem Set (UOP Course) ACC 455 Week 2 Team Assignment Outline for Week 3 (UOP Course) ACC 455 Week 2 DQ 1 (UOP Course) ACC 455 Week 2 DQ 2 (UOP Course) ACC 455 Week 2 DQ 3 (UOP Course) ACC 455 Week 2 DQ 4 (UOP Course) ACC 455 Week 3 Team Assignment Problem Set (UOP Course) ACC 455 Week 3 DQ 1 (UOP Course) ACC 455 Week 3 DQ 2 (UOP Course) ACC 455 Week 3 DQ 3 (UOP Course) ACC 455 Week 4 Team Assignment Outline for Week 5 (UOP Course) ACC 455 Week 4 Individual Assignment Problem Set (UOP Course) ACC 455 Week 4 DQ 1 (UOP Course) ACC 455 Week 4 DQ 2 (UOP Course) ACC 455 Week 4 DQ 3 (UOP Course) ACC 455 Week 4 DQ 4 (UOP Course) ACC 455 Week 5 Team Assignment Problem Set (UOP Course) ACC 455 Week 5 DQ 1 (UOP Course) ACC 455 Week 5 DQ 2 (UOP Course) ACC 455 Week 5 DQ 3 (UOP Course) ACC 455 Week 5 DQ 4 (UOP Course) ............................................................................................................................................... ACC 455 Week 1 Individual assignment Tax Return Position Paper (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 3 Times, Rating:...
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...Part A (The report) Part B (The memorandum) Student Name Western Governors University Part A (The report) Determining what type of business venture to either start or invest in can be challenging. Over the next several pages we will evaluate the various types of business organizations and at the end of this report; you should have an initial or better understanding of the different types of business forms. Sole Proprietorship: The word proprietorship can sound intimidating. It is important to remember that most things are simplified with knowledge. If your business is a sole proprietorship then you as an individual are the owner and operator of that business. This means the sole proprietor handles everything from setting up the business, which does not require an attorney to establish the business and you only have to report the name of your business if you choose to operate under a name other than your own. Then you need to register your business with the government. • Liability: All liability resides with the owner of the company and even their personal property could be implicated in a situation where the company fails due to poor market conditions, business strategy or if someone is injured as the result of company products or other. The person that owns the business is liable for all aspects of the business and could be drawn into legal actions based on outcomes of liability situations. • Income Taxes: The sole proprietor also reports all earnings...
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...credits, 24 credits must be in accounting subjects with 15 credits at the upper or graduate level and 24 credits must be in business administration subjects (Board of Accountancy Washington State). The Board must also recognize your school as an accredited college. If your education was outside of the United States or was received from a non-accredited US college or university, the education has to be evaluated by a recognized evaluation service (Board of Accountancy Washington State). The CPA exam consists of multiple choice questions, written communication, and task based simulations. There are two sections to the CPA exam: the content specification outlines (CSOs) which covers auditing and attestation, financial accounting and reporting, regulation, and business environment and concepts; and the skill specification outlines (SSOs) which covers knowledge and understanding, application of the knowledge, and written communication (American Institute of CPAs, 2013). The auditing and attestation section of the CSOs covers auditing standards for public and non-public entities, government entities, and not-for-profit entities. It also covers employee benefit plans, standards related to attestation and assurance, standards for accounting and review services, and knowledge of CPA responsibilities, such as ethics and independence (American Institute of CPAs, 2013). The percentage breakdown of the auditing and attestation part of the CSO section questions is as follows: Engagement...
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...documents, additional readings and links to relevant information on the web. COURSE READINGS: Gruber, Public Finance and Public Policy, 4th edition Additional readings as listed on the course outline COURSE PREREQUISITES: Econ 206 and Econ 207 COURSE DESCRIPTION: Public Finance deals with the taxing and spending activities of government. It is alternatively called Public Sector Economics or Public Economics. The focus of the course is on the microeconomic functions of government, and in particular the way that government affects the allocation of resources and the distribution of income. The analysis of the spending activities of government will include a discussion of public goods, externalities, education, welfare programs, Social Security and health care. On the tax side, we will build a framework for tax analysis, and then apply this framework to the personal income tax, the corporation income tax, and other U.S. taxes. COURSE OBJECTIVES: 1. To understand the economic rationale for government involvement in a market economy. 2. To learn about the major sources and uses of revenue in the United States fiscal system. 3. To develop your ability to analyze the equity and efficiency effects of government spending and taxation programs. 4. To learn how economic principles can be applied in an analysis of political decision-making. 5. To understand the...
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...CONTENT AND SKILL SPECIFICATIONS FOR THE UNIFORM CPA EXAMINATION Approved by the Board of Examiners American Institute of Certified Public Accountants May 15, 2009 Effective Date: January 1, 2011 Board of Examiners Examinations Team American Institute of Certified Public Accountants Parkway Corporate Center 1230 Parkway Avenue, Suite 311 Ewing, NJ 08628-3018 COPYRIGHT © 2009 BY AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, INC. CONTENT SPECIFICATION OUTLINES (CSOs) The outline portions of the content specifications identify the extent of the technical content to be tested on each of the four sections of the Uniform CPA Examination. The outlines list the areas, groups, and topics to be tested in the following manner: I. (Roman numeral) Area A. (Capital letter) Group 1. (Arabic numeral) Topic Each outline is followed by information about selected publications that candidates may study to prepare for the Uniform CPA Examination. Weights The percentage range following each area represents the approximate percentage of total test questions associated with the area. The ranges are designed to provide flexibility in building the examination, and the midpoints of the ranges for all areas in each section total 100%. The examination questions will be selected from each area to fall within the percentage allocation range. No percentages are given for groups or topics. The presence of several groups within an area or several topics within a group does not imply equal...
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...of law. Law is a set of rules, standards and principles that outlines the behavior we practice in business. The legal system is a major institution that assists us in defining acceptable social behavior. Laws limit the activities that are not in the best interest of the public. All people have different values and desire different things in life laws act as a way to dispute resolution. Laws play a role in maintaining honesty and integrity in a social environment. The legal system is a tool used to implement changes in acceptable behavior. Laws and courts have many purposes in today’s business environment for example consumer protection, employee protection, environmental protection, and taxation. The laws government enacts are a way to enforce rules. The government’s role in business is to protect consumers from bad business practices by enforcing rules, regulations and laws that the businesses have to go by if they want to practice business. The government is also responsible for protecting the employees that work for these businesses by making sure they provide a safe work environment and that they are protected against discrimination. The environment has to be protected from businesses to make sure they are operating in a safe manner that is not harming to the environment such as making sure oil spills are cleaned up properly. Taxation is an important form of revenue for government agencies, without taxation there wouldn’t be a budget for things like schools, police...
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...they have statutory authority to perform their functions with oversight from the legislative branch. Their actions are generally open to legal review. Regulatory authorities are commonly set up to enforce standards and safety, or to oversee use of public goods and regulate commerce. Examples of regulatory agencies are the Interstate Commerce Commission and U.S. Food and Drug Administration in the United States, Ofcom in the United Kingdom, and the TRAI in India. See Internet regulation in Turkey for additional examples. regulatory agency The Regulatory Role If you own a business, you probably know it is subject to a cornucopia of laws. Your business is subject to laws that govern social and economic matters including income taxation, payroll taxation, environmental laws, occupational health and...
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...The diagram shows the outline of Government spending within 2014, whereby the highest percentage of government spending was towards health, and pensions. However, comparing the 2013, and 2014 graph, it is evident that there is a 2% increase in health care spending, and a 1% decrease in welfare. The federal deficit for 2014 was $483.35 billion, which shows a drastic decrease in the federal deficit between the two years. The federal deficit therefore shows that the importation of goods were higher in 2013, than 2014. Within the federal budget of 2014, it is evident that Washington spent almost $3.5 trillion in 2014 whilst receiving around $3 trillion in revenues, which therefore shows that the deficit was around half a trillion (Boccia, R....
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...fairly and equitably. To ensure industrial law standards for termination of employment; this relates to the reason for the dismissal and the manner in which the dismissal is carried out. * Redundancy and Redeployment Policy: this policy deals with the redundancy of the position, options for suitable alternative employment, the notice period the employee will be required to work before the employment ceases and the termination payment that will be paid to the employee. * Exit Interview Policy: this policy stipulates that all employees will be offered or given the option to participate in an exit interview and outlines that all information collected will comply with the federal privacy legislation (11 privacy principles). * Confidentiality and Privacy Policy: covers the use of information of an employee, how information is collected, stored, and used. And outlines the employee and employers right to confidentiality (privacy principles). | b) What supporting documentation is required? | There are many supporting documents an organisation can utilise in order to support the separation and...
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...familiar and outline a strategy for accessing global markets. The role of business in the economy is business is the economy. If there is no business then there would be no economy at all. The economy of the country depends on employment provided by big and small businesses that produce the goods and provide the services that we rely on in our daily lives. Businesses pay taxes to the government and allow the government to function on the tax collected from them. The government shows the economy to be shrinking includes the privation of government business enterprise. (Study mode) For-profit and nonprofit organizations play an important role in the economy. For-profit organization produces goods and services and provides employment with the primary goal of generating financial gain. Kelly McGowan (2012) Whereas nonprofit organizations are not businesses of financial goal they employ people, take in revenue and provide good and services with fundamental goal of serving humanitarian needs. Kelly McGowan (2012) The impact of current fiscal and monetary policy on the economy is. Monetary policy is Federal Reserve decisions that shape the economy by influencing interest rates and the supply of money. Kelly McGowan (2012) Whereas fiscal policy refers to government efforts to influence the economy through taxation and spending decisions that are designed to encourage growth, boost employment, and curb inflation. Kelly McGowan (2012) A product that I choose to outline and strategy...
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...a SMLLC. The last information stated in the outline will conclude why a business owner should consider the SMLLC over a LLC. How To Form A Single Member LLC I. Single Member Limited Liability Corporation. a. For most businessmen and women considering ownership of a business will come down to what benefits the business the most. No one wants to go into a business to fail so some choices must be made in order to consider the best choices for that particular business. b. Steps towards the right decisions. i. Tax Classifications 1. This is important for the operation of the business. ii. Nature of the Business 2. Certain business ventures only one needs one person to function with no employees needed 3. If employees are needed different factors will change the decisions on which business should be established. II. Creating a SMLLC. c. The business owner there are steps that must be taken to make the business legal and recognized but the state has made once the decision. iii. Establishing an Article of Certificate. 4. The name of the limited liability company, within the requirements of the state 5. The name and address of the registered agent. 6. The address of the registered office. III. Advantages and disadvantages of SMLLC. d. Advantages iv. There are no federal income tax complications, because the entity...
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... free to consult to whomever he/she likes. • Unlimited Liability -‐ The liability of the sole proprietor is unlimited. This implies that, in case of loss the business assets along with the personal properties of the proprietor shall be used to pay the business liabilities • Direct Motivation – Since the profits earned goes directly to the owner there is a greater motive to perform. • Ease to form and dissolve – Since the business is not a corporation it is fairly easy to startup and dissolve. • Taxation – The owners conduct a pass through taxation in which the income is reported on the owner’s personal tax return. • Longevity – A sole proprietorship exists as long as the owner is living or until the owner decides to close the business. • Location – The owner has...
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...Lit1 Task 310.1.2-01-06 Part A Determining whether to start or invest in a business endeavor and what kind of business endeavor to choose can be challenging. Through this report the numerous types of business organizations will be assessed. By the end of the report you should have a greater comprehension of the different choices available. * Sole Proprietorship: To start off it is essential to have a clear understanding of what sole proprietorship means. As the sole proprietor you are the owner and the operator of that business. In more detail, the sole proprietor manages everything including setting up the business. An attorney is only needed if the sole proprietor plans to report the name of the business under a name other than their own. In that instance they would need to register the business with the government. * Liability: A full understanding of all liability and where it falls is very important. All liability falls on the owner on the company. This means that not only all of the company’s assets but also the owner’s personal belongings possibly will be occupied in any scenario where the company fails. More specifically, in the event that the company flops because of unfortunate market settings, poor business policy or if there is an injury suffered implicated by company products. The liability falls on the owner of the company including all characteristics of the business and can be brought into any legal actions. * Income Taxes: As a sole proprietor...
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...hours may be obtained through a discrete course or offered through an integrated approach. If the course content is offered through integration, the college or university must advise the Board which course(s) contain the research and analysis content. Courses identified through integration must dedicate 1 semester hour, or quarter hour equivalent, to research and analysis. Courses used to meet this requirement may not be used to meet the requirement for accounting or business communications described below. Course(s) identified by a university to meet the requirements for research and analysis in accounting or taxation should primarily address the identification, organization, and integration of diverse sources of information such as authoritative literature and pronouncements, to reach a conclusion or make a decision; and should analyze accounting and taxation issues by reviewing information, using empirical data and analytical methods, recognizing data in patterned activities, forecasting, and integrating data. CPAs may be asked to conduct research and analysis when providing attest services, professional accounting services, or professional accounting work for clients and/or employers. The Texas State Board of Public Accountancy requires each candidate to complete a minimum of two semester hours in accounting communications or business communications from a recognized college or university. The semester hours may be obtained through a discrete course or offered...
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...Chapter 8 Outline I. Separation of Powers A. Definition- the system of holding governmental powers across separate branches while maintaining that they have powers to cancel or ‘check’ each other B. Powers 1. Legislative Power- (all powers of congress)“the power to regulate commerce with foreign states” , broad power to pass domestic laws, raise an army, navy, declare war, levy and collect taxes” etc. 2. Executive- presidential powers. More so over foreign affairs than created domestic mandates i inherent- those presedential powers expressly granted ii treaty power- president can make treaties but they must be ratified to have effect II. Treaties A. Domestic law effect- treaties are the “law of the land” once approved by congress 1.Self executing- no further action required to be law 2 Non-self executing (executory)- require ratification B. Equal dignity rule- a treaty will override an inconsistent prior rule of congress C. Executive agreements.- make something like a treaty without going through the treaty process 1. Sole exec agreements- president can negotiate and put into effect based on inherent authority 2. Congressional exec agreements- authority from congress in a joint resolution or statute III. Trade and Tariff A. Smoot-Hawley – sky rocketed tariffs (bad idea) B. Reciprocal Trade Agreement of 1934- allows president to adjust tariffs based on reciprocity C. Trade agreements- 1...
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