Book Analysis About <Whistleblowers: Broken Lives and Organizational Power >
Unlike many books on whistleblowers, this book <Whistleblowers: Broken Lives and
Organizational Power > pays a lot of attention to the narrative structure of the whistleblowers
CHAPTER 19 ACCOUNTING FOR INCOME TAXES
Deferred Income Taxes
A. Temporary Differences (Timing)
1. Accounting Income: Determined by FASB (Accrual)
2. Taxable Income: Determined by IRC (Cash)
3. Difference between accounting income & taxable income that
CHAPTER 23 STATEMENT OF CASH FLOWS
I. Statement of Cash Flows (SOCF)
A. Presents information about cash flows that the other statements
only provide indirectly
B. Converts accrual basis net income to cash basis
C. GAAP Requirements:
1. Explain the change
CHAPTER 13 CURRENT LIABILITIES AND CONTINGENCIES
A. Three Characteristics
1. Probable, future sacrifices of economic benefits
2. That arise from present obligations
3. Resulting from past transactions
B. Current Liabilities
1. Payable withi
CHAPTER 20 ACCOUNTING FOR PENSIONS
Types of Pension Plans
A. Nature of Pension Plans
1. Provide income to employees during their retirement years.
2. The employer sponsors the plan, incurs the cost, and makes
3. The plan (a separate lega
CHAPTER 24 Full Disclosure in Financial Reporting
Full Disclosure Principle
A. Report financial facts significant enough to influence the
judgment of an informed reader (cost-benefit principle)
B. Notes to the Financial Statements (integral part of f/s
9 Oct. 2014
Summary of first 4 Rounds
Using the differentiation business strategy consists of creating differences in a
firms service or product offering, by developing something that is seen industry wide as
When reporting under GAAS, certain statements are required in all
auditors' reports (explicit) and others are required only under certain
conditions (implicit). Which combination that follows correctly
describes the aud
In an audit sampling application, an auditor
Performs procedures on all items in a balance and makes a conclusion
about the entire balance.
Performs procedures on less than 100 percent of the items in a balance
Which of the following best describes the role of analytical
procedures near the end of the audit engagement?
To identify possible deficiencies in the client's
internal control over financial reporting.
To identify acco
Chapter 8 Recommended Questions
Which of the following accounts does not appear in the
acquisition and expenditure cycle?
Which of the following would not overstate current-period
Failure to meet company objectives is a result of
Auditing standards do not require auditors of financial statements to
Understand the nature of errors
Revenues are normally considered to have been earned when
All possibility of return has expired.
The company has substantially accomplished what it must to be entitled to
The cash is collected.
Goods have be
The most important fundamental component of an entity's internal control is
Effectiveness and efficiency of operations.
People who operate the control system.
Reliability of financial reporting.
Compliance with applicable
When auditing with fraud awareness, auditors should especially notice and follow up
employee activities under which of these conditions?
The company always estimates the inventory but never takes a
complete physical count
THE UNIVERSITY OF TEXAS AT DALLAS
SCHOOL OF MANAGEMENT
BA 4305 Strategic Management a Fall 2010
Practice Questions for Midterm Review
Instructor: Dr Elizabeth Lim
10f14 Multiple Choice Questions
Answer ALL Questions
Strategic Management and Strategic Comp
AIM 6335-Ethics for Professional Accountants
For questions 1-20, please answer "True or False.
T 1. Corporate officers and directors owe strategic accountability" to shareholders, and "legal
accountability to stakehold
CorporateLevel Strategy BA 4305 Teaching Notes
CHAPTER 6 - Multiple Choice Questions
1. Two levels of strategy for a diversied rm are:
a. buyer and supplier.
b. tactical and strategic.
- new entrant and substitute.
2. Corporatelevel strategy is concerne
28. A client has omitted a significant disclosure from the financial statements. The auditor
has asked the client to include the information, but the client refuses and claims the
information is confidential. The position of the CPA should be that the inf
The Public Company Accounting Oversight Board (PCAOB) is charged with all of
the following responsibilities except:
Establishing accounting standards for public companies. (Not included)
Establishing auditing stan
ACCT 3332 Exam 1 Review Handout
1. All of the following are types of current liabilities except
a. Current maturities of longterm debt.
b. Refundable deposits.
c. Unearned revenues.
.All of these options are current liabilities. \/
2. Short-term obligatio
ACCT 3332 Exam 1 Review Handout
5. During 2016, Comet Company introduced a new line of machines that
carry a one year warranty against manufacturers defects. Based on
industry experience, warranty costs are estimated at 2% of sales
($400,000). Actual warr
Application for Automatic Extension of Time
To File U.S. Individual Income Tax Return
Department of the Treasury
Internal Revenue Service (99)
OMB No. 1545-0074
Information about Form 4868 and its instructions is available at www.irs.gov/fo
ACCT 6350.001, Fundamentals of Taxation I
Tuesdays & Thursdays, 2:303:45 p.m., JSOM 2.717
Professors Contact Information
(972) 883-5997, but e-mail is al
DONALD R. FITCH AND BRENDA T. FITCH, Petitioners v. COMMISSIONER OF
INTERNAL REVENUE, Respondent
UNITED STATES TAX COURT
T.C. Memo 2012-358
December 26, 2012
Respondent determined deficiencies in petitioners' Federal income taxes for 2005,
2006, and 2007.