What are the licensing requirements for accounting firms

Assignment Help Management Theories

Reference no: EM133323122

Assignment: DRDA has asked us to research and report on the requirements for 49 states (excluding Texas) regarding doing business in that state and the relevant employment laws of that state. The questions that the client wants us to answer are as follows (however, do not feel limited to addressing only these topics - if your team discovers any requirement or provision in the law of any state that could affect DRDA's doing business in that state or the decision to commence operations in that state, be sure to include that in your report):

North Dakota

· Licensed and non-licensed employees requirements:

What are the licensing requirements for accounting firms in the state?

Does the firm itself need to be licensed or only the individual accountants?

What are the requirements (education, experience, etc.)?

Must an examination be taken and passed (when offered, online or in-person, what is the passing grade)?

What are the fees?

Is there reciprocity for accountants licensed in another state?

What are the continuing educational requirements?

·Registration Requirements:

What are the registration requirements for doing business in the state?

If DRDA has an employee living in the state and working remotely, does DRDA have to register as an employer with that state?

Does it have to register as a CPA firm doing business in the state?

What types of professional designations are recognized in the state (e.g. LLC, PLLC, PC etc.)?

·Taxes

What are the rules regarding payroll and employment tax?

Does the firm have to be registered as an employer?

Is there a state income tax?

What are the rules for withholding and paying state taxes?

·Employee Benefits

What are the rules regarding employee benefits?

Are there any required benefits that must be provided (e.g., Workers' Compensation, Unemployment Insurance, Disability Insurance, sick pay (not otherwise governed by ACA), family leave (not otherwise required by FMLA), vacation leave (paid or unpaid)? Describe the requirements for each of these benefits.

Is there a minimum wage requirement higher than the federal minimum wage (you should check individual cities in the state)?

Are there other wage and salary laws that go beyond FLSA?

·Labor Relations

What are the rules regarding labor relations?

Is the state a right to work state?

DRDA has asked us to research and report on the requirements for 49 states (excluding Texas) regarding doing business in that state and the relevant employment laws of that state. The questions that the client wants us to answer are as follows (however, do not feel limited to addressing only these topics - if your team discovers any requirement or provision in the law of any state that could affect DRDA's doing business in that state or the decision to commence operations in that state, be sure to include that in your report):

Reference no: EM133323122

Questions Cloud

Explain how al-ghazali would help you decide what to do : How Al-Ghazali would help you decide what to do How Taoism would help you decide what to do How Confucianism would help you decide what to do

Analysis of each of the cage dimensions : using the CAGE framework to help decide, which location do you think would be the better choice? This should include an introduction, analysis of each

Was davitas vision or mission inspirational : Was DaVita's vision/mission inspirational? Need to relate Kent Thirly's action as reflection. Need several paragraphs with Headlines with details expiation

Which type do brokers most likely prefer : What is the difference between the following types of listing agreements: open, exclusive agency, and exclusive right to sell? Which type do brokers most likely

What are the licensing requirements for accounting firms : What are the licensing requirements for accounting firms in the state? Does the firm itself need to be licensed or only the individual accountants?

Write c++ code for calculating the time table : Write c++ which displays the number 1 up to 10 positive integer numbers and Write c++ code for calculating the time table

Explain the purpose of the code to non-technical business : Write up your summaries in such a way for inciusion in your final report as if you had to explain the purpose of the code to non-technical business decision

Discuss why the study of organization theory is important : discuss why the study of organization theory is important to the field of public administration and critically compare and contrast the three schools

Differences between urban-suburban or rural communities : What are the differences between urban, suburban, or rural communities that impact the types of responses to crises?

User Account

All Pages