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Proper practice of accounting and finance

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Reference no: EM131206152

The necessary information is located in the attached document. I now need help answering the following six discussion questions:

1. What are the laws governing the proper practice of accounting and finance?

2. What are the protections afforded to a whistle blower?

3. What are Karen Larson's fiduciary duties toward the company as vice president to the CFO?

4. What are the pros and cons of each of her options? 6. May the IRS impose a tax preparer penalty under IRC §6694?

5. Has the Corporation violated any of the tax laws where the IRS could impose a penalty? If so, under what sections of the Internal Revenue Code?

6. What ethical duties were violated by Karen under the AICPA Statements on Standards for Tax Services as well as those set forth under Circular 230?

Reference no: EM131206152

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