devry acct540 week 5,6 and 7 discussions
Question # 00062073
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Updated on: 04/19/2015 07:11 AM Due on: 05/12/2015
week 5
Refer to FASB 162 (the hierarchy of accounting information). Why is this hierarchy important, and how can it be applied to conducting research?
You are a CPA in practice at a local CPA firm doing individual taxes. A client comes into your office and says that she has her own business but doesn't want to report all of her income. Considering your risk, the risk to your client, and ethical considerations, what should you tell her? Remember to include research on the subject!
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Consider your course project and what you have learned in this class. When preparing conclusions, why are ethical considerations important? What about when preparing recommendations?
Codification (graded) |
week 6
Tax Research (graded) |
week 7
Ethical Considerations (graded) |
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Solution: devry acct540 week 5,6 and 7 discussions