Useful tool for the firm''s accounting and auditing practice

Assignment Help Financial Accounting
Reference no: EM13745279

A local CPA, who has been in practice for several years, has recently met with a local Internet Service Provider to determine the feasibility of developing a website for her CPA firm. The CPA has been reluctant to develop an online presence, but is open to learning what benefits may be available and how those advantages are accepted by her clients.

Assume that you are the Internet consultant and address the following:

1. Describe the types of resources and Web links that CPAs often provide on their firm's Web sites.

2. What are the reasons that a CPA firm may invest resources in creating a Web presence and what level of sophistication do you think is appropriate?

3. Discuss ways in which the Internet may be a useful tool for the firm's accounting and auditing practice.

4. Discuss any potential liabilities or ethical issues that could result from the firm's Web page.

Compose a 1-2 page double-spaced essay on your research. Cite your sources using APA style guidelines. If you need assistance with APA, please visit the Online Library which is accessible through the Resources tab.

Reference no: EM13745279

Questions Cloud

What is the free cash flow : XWY Company had the following info regarding their accounts. Increase in accounts receivable of $10,200; decrease in supplies of $3,100; gains on sale of equipment of $7,400; losses on sales of equipment of $630; net income of $63,150; increase in ac..
Discuss the reformation as both a result of the renaissance : Discuss the Reformation as both a result of the Renaissance and a reaction against the Renaissance. In your answer, identify specific aspects or interests of the Reformation and discuss whether each is a result of or reaction  against the Renaissance..
Match the first offer on an after-tax and insurance basis : Wilbur has been offered a job at a salary that would put him in the 25% marginal tax bracket. In addition to his salary, he would receive health insurance coverage. Another potential employer does not offer health insurance but has agreed to match th..
Engage in imprudent budgeting practice by authorizing : Did the town of true dale engage in imprudent budgeting practice by authorizing a great amount of expenditures than revenues estimated for the year, or potentially violate town or state balanced budget laws?
Useful tool for the firm''s accounting and auditing practice : A local CPA, who has been in practice for several years, has recently met with a local Internet Service Provider to determine the feasibility of developing a website for her CPA firm. The CPA has been reluctant to develop an online presence, but is o..
An individual terrorist and/or goals of their associated : While the motivations of an individual terrorist and/or goals of their associated groups may differ, terrorists do possess some common qualities, traits, and motivations. Discuss the common qualities, traits, and motivations that the majority of terr..
Calculate free cash flow : Suppose Canwest Global Communications Corp. reported net cash used by operating activities of $100,841,000 and sales revenue of $2,859,200,000 during 2014. Cash spent on plant asset additions during the year was $78,830,000. Calculate free cash flow.
Select the substance that is most toxic to rats : Below is a list of chemicals with their oral LD50 in mg/kg(rats). Select the substance that is MOST toxic to rats.1.DDT, 87 mg/kg2.malathion, 885 mg/kg3.carbaryl (sevin), 307 mg/kg
What is the new yearly depreciation : Assume an asset with an original cost of $40,000 and a $6,000 salvage value is depreciated using straight-line depreciation over five years. After year two the salvage value was modified to $2,000 salvage value with five years of depreciation remaini..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Absorption costing net operating income

Determine each years absorption costing net operating income. Present your answer in the form of a reconciliation report as shown in Exhibit 7-4.

  Identify alternative revenue recognition criteria

Identify alternative revenue recognition criteria that Uddin could employ concerning textbook sales - briefly discuss the reasoning

  What are the reasons for chinas government

What are the main reasons for Chinas government to maintain its current exchange rate policy? This assignment must be a minimum of 250 words and include 2 cited sources in APA 6th edition format.

  Illustrate what is the net present value if cost of capital

Illustrate what is the net present value if the cost of capital is 12 percent (ignore income taxes)? If required, round to the nearest whole dollar.

  Standard mileage method

Jan receives no reimbursement from her employer. Jan has an AGI for year of $50,000 and no other itemized deductions.

  Review the balance sheets for three rail companies

Obtain and review the balance sheets for three rail companies in Europe whose financial statements are prepared using IFRS. Obtain and review the balance sheets for three rail companies in the US whose financial statements are prepared using US GA..

  Compute all ratios from the module

Prepare a schedule reflecting a ratio analysis of each company. Compute all ratios from the module for which you have enough data.

  Differences in the annual statements

Explain and illustrate the difference between an annual report, a 10-K, and a Corporate Social Responsibility Report. Comment on the type of reports issued by both companies.

  Components of or items in bank reconciliation with example

components of or items in bank reconciliation with example and operation to be done to complete reconciliation.in

  Compute the incorrect trial balance totals for debits

Compute the incorrect trial balance totals for debits and credits. Then show how to correct this error.

  Questionsound audio sells audio equipment for automobiles

questionsound audio sells audio equipment for automobiles. engineers notified management in december 2013 of a circuit

  Question 1 fixed and variable cost behaviorespresso express

question 1 fixed and variable cost behaviorespresso express operates a number of espresso coffee stands in busy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd