not a separate tax-paying entity. ____ 4. An estate’s income beneficiary generally must wait until the entity is terminated by the executor to receive any distribution of income. ____ 5. With respect to a trust, the terms creator, donor, and grantor are synonyms. ____ 6. Corpus, principal, and assets of the trust are synonyms. ____ 7. If provided for in the controlling agreement, a trust might terminate when the income beneficiary graduates with a law degree. ____ 8. The decedent’s
Words: 15273 - Pages: 62
MAKERERE UNIVERSITY BUSINESS SCHOOL A PRELIMINARY REPORT ON FIELD ATTACHMENT CARRIED OUT MBALE MUNICIPAL LOCAL GOVERNMENT COUNCIL (JULY-JUNE, 2015) BY KATEME JOSEPHINE REG: 14/U/1390 BPSM II BY Proff. MOYA MUSA (ACADEMIC SUPERVISOR) A PRELIMINARY FIELD ATTACHMENT REPORT SUBMITTED TO FACULTY OF COMPUTING AND MANAGEMENT SCIENCE IN PARTIAL FULLFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE IN PROCUREMENT AND SUPPLY CHAIN MANAGEMENT OF MAKERERE UNIVERSITY SEPTEMBER, 2015 1 DECLARATION
Words: 4803 - Pages: 20
Glossary Notes: Note 1: CICA Part I applies to publicly accountable enterprises, CICA Part II ASPE applies to private enterprises; CICA Part III ASNFPO applies to not-for-profit organizations. CICA Part IV ASPP applies to pension plans. For governments and government organizations, see under Public Sector Accounting (PSA) Handbook for details of what applies. Note 2: Part II and V Definitions may not be identical — check the CICA Handbook — Accounting. A B C D E F G H I J K L M N O P Q
Words: 115733 - Pages: 463
Glossary Notes: Note 1: CPA Canada Handbook Part I applies to publicly accountable enterprises, CPA Canada Handbook Part II ASPE applies to private enterprises; CPA Canada Handbook Part III ASNFPO applies to not-for-profit organizations. CPA Canada Handbook Part IV ASPP applies to pension plans. For governments and government organizations, see under Public Sector Accounting (PSA) Handbook for details of what applies. Note 2: Part II and V Definitions may not be identical — check the CPA
Words: 116560 - Pages: 467
revolution. But in 1898, Eduard Polón founds Finnish Rubber Works, which later becomes Nokia’s rubber business, making everything from galoshes to tyres. Nokia rubber boots become a bona fide design classic, still on sale to this day – though we no longer make them. Electronics go boom In 1912, Arvid Wickström sets up Finnish Cable Works, the foundation of Nokia’s cable and electronics business. By the 1960s, Finnish Cable Works – already working closely with Nokia Ab and Finnish Rubber Works
Words: 9090 - Pages: 37
auditor * Information systems auditor * External auitor * Tax accountant * Fraud examiner * Managerial Accountant * Provides info for mngmt decisions * Knowledge base: * * * * Business processes * Accounting information sustems * Internal controls * Managerial accouting techniques * Impact of accounting on behaviors Advocate for best info possible for making the best decision for the firm
Words: 2656 - Pages: 11
© 2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. All rights reserved. Contents Introduction Country Snapshots Country Overviews Glossary of Terms Find out more 2 4 10 255 256 © 2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated
Words: 144636 - Pages: 579
1979 EO CPE Text F. CHURCHES AND OTHER RELIGIOUS ORGANIZATIONS Introduction IRC 501(c)(3) exemption for "religious purposes" has always been a sensitive matter, because the First Amendment sets strict limits on government regulation of religion in any form -- church, sect, denomination, ministry, etc. Some self-proclaimed churches may use the administrative and judicial limitations on Service regulation to hinder our review of their activities. We have always been aware of the possibility of
Words: 8716 - Pages: 35
take deductions to figure out taxable income. II. Identification of Income Subject to Taxation: A. Gross Income: The Scope of Section 61: 1. We need a definition of income because of due process concerns—We need a law that everybody recognizes. 2. WHAT IS INCOME? a. §61 defines gross income as “all income from whatever source derived.” 1) §61 lists 15 specific items that are considered income.
Words: 22861 - Pages: 92
Michigan Technological University Information Security Plan The Information Security Plan establishes and states the policies governing Michigan Tech’s IT standards and practices. These policies define the University’s objectives for managing operations and controlling activities. These top-level policies represent the plans or protocols for achieving and maintaining internal control over information systems as well as compliance with the requirements imposed on the University. INFORMATION
Words: 10423 - Pages: 42
