Reference no: EM131851895
Question: Write at least 6 to 7 sentences for each question.
CURRENT ISSUES IN TAX
1) Go to IRS website. Read the current information that the IRS is publishing for tax professionals and tell us about it. How does this impact the future of tax?
2) Given the history of past accounting frauds and the complexity of today's tax environment, examine the impact of international accounting standards on today's auditing profession, and assess the impact of new tax regulations on individuals, small business and large corporations.
Do you think the IRS's requirement of paid tax preparers having to have a PTIN will make a difference in terms of crooked tax preparers? Does anyone in class have a PTIN? Was it hard to obtain?
3) Go to PCAOB's website. Read one of the auditing standards and summarize it for us. What did you find interesting or surprising about it?
4) The audit committee is responsible for ensuring that management makes all necessary adjustments. The audit committee also has oversight responsibility over all the accounting and auditing matters for the company. If the client refuses to book material adjusting entries, the act becomes fraud, which is illegal.
Describe the ASB's Clarity Project. Why is this so important for the auditing profession?
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How much poverty exists in your city or county
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Determining the fixed integer k
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Investing in global mutual fund
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Determining the uniform distribution
: Let X1, ..., Xn be i.i.d. from the uniform distribution on (?- ½, ?+ ½), where ? ? R is unknown. Show that (X(1) + X(n))/2 is strongly
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Discuss impact of new tax regulations on individuals
: Given the history of past accounting frauds and the complexity of today's tax environment, examine the impact of international accounting standards.
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Agreed to pay severance package to discharged employee
: A single sum that will grow to $492,850 will be deposited on January 1 of this year. Agreed to pay a severance package to a discharged employee.
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Family of exponential distributions
: Show that the family of exponential distributions E(a, ?) with two unknown parameters a and ? is not an exponential family.
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Explain the importance of software telecommunications
: You will need to research the technology's capabilities and discuss the advantages the technology will offer an organization.
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What are some of the current trends in telecommunications
: What are some of the current trends in telecommunications and networks? Pick a technology and discuss the technology. For example, WiFi.
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