Ethics In The Accounting

Case 1. The accounting fraud is Lernout and Hauspie Speech Products. To help you, please refer to SEC release 17782 dated October 10,2002 Case 2. The accounting fraud is Cal Micro Corp. To help you, please refer to SEC litigation release 14776 dated January 4, 1996. Questions: 1) Issues to be discussed what was the … Read more

Assessment 5 Instructions: Tax Credits on 1040 to Reduce Tax Liability

  Determine eligibility for available tax credits and complete an official worksheet for each credit, to demonstrate eligibility. Note: Completing a tax form requires specific steps that need to be executed in a sequence. The assessments in this course are presented in a sequence and must be completed in order. Incorrect entries in previous assessments … Read more

Assessment 4 Instructions: Partnerships

  Complete two exercises in accounting for the equity of a pass-through entity, such as an LLC, limited partnership, or general partnership structure. Introduction The partnership form of business ownership is quite popular. One reason is that partnerships are easy to create the double taxation inherent in corporate ownership can be avoided. However, the unlimited … Read more

Discussion Board

When taking courses (or any other kind of professional development experience), it is important to think about how your new knowledge and skills can be applied to your career. Similarly, it is very important to consider what jobs this experience may help you get, and how to show off your newly acquired expertise. In this … Read more

ACC

  Review the case and provide an appropriate audit report. – You do not have to answer all of the questions – just provide the correct audit report.  ie. with a modified opinion? with an extra paragraph? etc. 

Assessment 3: Foreign Currency

  Complete two exercises in accounting for foreign currency transactions and translating financial statements from a foreign currency into U.S. dollars. Introduction In today’s global economy, many companies conduct business in currencies other than the currency in which they report. Goods are often imported or exported with prices stated in a foreign currency. For the … Read more

Assessment 1 Instructions: Tax Basics

Analyze official rules and instructions to determine an individual’s tax liability and complete a basic tax return.Note: Completing a tax return requires specific steps that need to be executed in a sequence. The assessments in this course are presented in a sequence and must be completed in order. Incorrect entries in this assessment will result … Read more

Assessment 5 Instructions: Deferred Assets and Liabilities

  Complete a four-part assessment in which you will compute values, prepare journal entries, and provide written explanations. IntroductionNote: An accounting cycle requires specific steps that need to be executed in a sequence. The assessments in this course are presented in sequence and must be completed in order. Companies must present financial information to the … Read more