Questions from Auditing and Assurance

Q: Go to the Electronic Code of Federal Regulations (www.ecfr

Go to the Electronic Code of Federal Regulations (www.ecfr .gov). a. What Part of Title 17 (Code of Federal Regulations— CFR) applies to the form and content and requirements for financial statements...

Q: Go to the Deloitte Foundation website (www.deloitte.com

Go to the Deloitte Foundation website (www.deloitte.com). Download a True blood Case involving a joint venture or partnership. Write a sentence summarizing the issue in the case. Use the Codification...

Q: Prepare a search strategy for understanding a due diligence review of a

Prepare a search strategy for understanding a due diligence review of a company. Implement the strategy to find five important items in a due diligence review.

Q: Use the Codification to identify accounting authority (location within the Codification

Use the Codification to identify accounting authority (location within the Codification) governing each of the following: (Hint: This exercise tends to result in very general Codification references,...

Q: Use the Codification to locate archived FASB Interpretation 36. a

Use the Codification to locate archived FASB Interpretation 36. a. What does it discuss? b. How did you find that authority? c. What industry does that authority affect? d. What are the major organi...

Q: Use the Codification to find which expenditures qualify as a research and

Use the Codification to find which expenditures qualify as a research and development cost (be sure to cite where you found the answer within the Codification): a. The salaries of the research staff d...

Q: Use the Codification to answer the following: a.

Use the Codification to answer the following: a. What is a contingency? b. Precisely where in the Codification did you find that definition? c. Under what circumstances are contingent losses record...

Q: Identify and explain some basic questions the researcher must address in performing

Identify and explain some basic questions the researcher must address in performing accounting, auditing, or tax research.

Q: The Codification combines all relevant literature on a topic in one location

The Codification combines all relevant literature on a topic in one location. Identify the number of different issues/subsections related to postretirement benefits other than pensions. Provide citati...

Q: In some cases, preferred stock has some characteristics of a debt

In some cases, preferred stock has some characteristics of a debt instrument. a. How should the accountant class if y such debt in the financial statement? b. Reference relevant authorities from the C...