Questions from Auditing and Assurance

Q: Examine an analyst report on Ford Motor Company. Who wrote the

Examine an analyst report on Ford Motor Company. Who wrote the report? Outline the major contents of that analyst report. Where did you find this analyst report?

Q: Locate Ballard v. Commissioner, 544 U.S. 40

Locate Ballard v. Commissioner, 544 U.S. 40; 95 AFTR 2d 1302 (2005). What was the main issue before the Supreme Court? What did the Supreme Court do with the appellate court’s decision?

Q: Find the title of GAAP Concept Statement No. 5. What

Find the title of GAAP Concept Statement No. 5. What is the purpose of the reporting discussed in the Concept? When was this Concept Statement last modified?

Q: Summarize what tax was at issue in the Direct Marketing Association case

Summarize what tax was at issue in the Direct Marketing Association case mentioned in this chapter. Explain what happened on its appeal to the Supreme Court. Provide a proper citation including both t...

Q: What is the title of GASB Concept Statement No. 6?

What is the title of GASB Concept Statement No. 6? What is the purpose of the reporting discussed in the Concept? When was GASB Concept Statement No. 6 last modified?

Q: What does the Statement of Federal Financial Accounting StandardNo.49discuss?

What does the Statement of Federal Financial Accounting StandardNo.49discuss? When was Standard No.49 promulgated? What was the purpose of the Standard?

Q: Find the industry ranking in the music business. Who are the

Find the industry ranking in the music business. Who are the largest three companies in the music industry? What database did you use? Provide a financial comparison of these three companies.

Q: Locate a revenue ruling that defines a married couple. What is

Locate a revenue ruling that defines a married couple. What is the citation for that revenue ruling? How and why does the revenue ruling define a married couple?

Q: Joseph Josephs, CPA is auditing the Elder Company’s current year’s annual

Joseph Josephs, CPA is auditing the Elder Company’s current year’s annual financial statements and notices that the Company has violated the 2.1 to 1.0 current ratio requirements as part of its debt a...

Q: Assume that the taxpayer has a tax issue in which the only

Assume that the taxpayer has a tax issue in which the only authorities on point are the following: (a) an unfavorable circuit court of appeals case from the same circuit as the taxpayer’s residence a...