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3 paragraph & 3 references per discussion Question 1: What is the independence standard? Why is it important that users perceive auditors to be independent? Can an auditor be independent in fact, but not in appearance? Explain.
Question 2: Locate an recent current event that has to do with auditing in some way and share it with the class. How will this event impact the auditing profession going forward and what are concerns you had after reading about this event?
What were the company's preferred dividends if net income was $700,000 during a year when beginning common stockholders' equity was $4,750,000.
garcia corporation purchased a truck by issuing an 142400 5-year zero-interest-bearing note to equinox inc. the market
Compute the quarterly payments that result in a 2019 safe-harbor estimate assuming that her 2018 AGI was $139,000, and her tax was $36,800
Explain how the purchases of goods or materials is calculated if we know the cost of goods sold and the inventory (stock) at the start and end of the period.
Prepare journal entries to record the following transactions, and identify all the affected funds. Many transactions require more than one journal entry.
Please describe audit tests that you would perform for additions and retirements to fixed assets and depreciation expense (one for each category). Does it make a difference if the company does an annual physical inventory of assets?
explain the meaning of the terms tangible and intangible and discuss how these terms are used in describing
On January 2, 2010, Senate Inc. issued $10,000,000 of 10-year, bonds at 54. What is the amount of interest expense recorded
Prepare a production budget for Supermix for the months July, August, September, and October. All amounts as positive values
on december 1 2011 millstone corporation invested 45000 in a new delivery truck. the truck is being depreciated at a
what is the credit to non controlling interest in equity for eliminating entry
Alan Jackson invests $43,500 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 10 years.
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