Business and Management : Accounting Archives

Differentiate among the major forms of business organization

by Christopher R. Teeple | Jun 14, 2021 | Business and Management : Accounting

Choosing the form of business to create is one of the most important decisions an enterprise makes. The extent of liability and control the owner will have depends on the form of the business. Respond to the following in a minimum of 175 words: Differentiate among the...

Provide specific details to support your opinion in your response.

by Christopher R. Teeple | Jun 12, 2021 | Business and Management : Accounting

By 2010, foreign companies will be able to file on U.S. stock exchanges using IFRS standards. What are some of the challenges facing the accounting profession, and how do you see them affecting you in the future? Provide specific details to support your opinion in...

Should you as controller remain silent? Does Steven have any responsibility?

by Christopher R. Teeple | Jun 9, 2021 | Business and Management : Accounting

Dave Schonhardt, president of Schonhardt Industries, wishes to issue a press release to bolster his company’s image and maybe even its stock price, which has been gradually falling. As the controller, you have been asked to provide a list of 20 financial ratios along...

Discuss how the FASB Interpretation No. 48, also known as FIN 48, can provide a unique opportunity to estimate the strength of a firm’s tax positions by eliminating any inconsistency in accounting for uncertain tax positions in financial statements certified in accordance with U.S. GAAP.

by Christopher R. Teeple | May 22, 2021 | Business and Management : Accounting

Tax Avoidance Read the article “Is Corporate Social Responsibility (CSR) Associated with Tax Avoidance? Evidence from Irresponsible CSR Activities”. In a three-paged paper (not including the title and reference pages): 1. Discuss whether you agree or disagree with the...

Explain manufacturing costs, prime and conversion costs, and product and period costs.

by Christopher R. Teeple | May 21, 2021 | Business and Management : Accounting

Unlike service companies, manufacturing companies have three inventory accounts: raw materials, work-in-process, and finished goods. Manufacturing costs can be classified into three categories: direct material, labor, and overhead. Another method to classify costs is...

Differentiate among the major forms of business organization

Provide specific details to support your opinion in your response.

Should you as controller remain silent? Does Steven have any responsibility?

Discuss how the FASB Interpretation No. 48, also known as FIN 48, can provide a unique opportunity to estimate the strength of a firm’s tax positions by eliminating any inconsistency in accounting for uncertain tax positions in financial statements certified in accordance with U.S. GAAP.

Explain manufacturing costs, prime and conversion costs, and product and period costs.

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