Questions from Auditing and Assurance

Q: Go to the Global EDGE resource desk and identify at least two

Go to the Global EDGE resource desk and identify at least two international business resources recommended for statistical sources.

Q: Find the title of a recent article from the Journal of Accountancy

Find the title of a recent article from the Journal of Accountancy that discusses “money laundering.”

Q: Locate and identify two recent Accounting and Auditing Enforcement Releases by the

Locate and identify two recent Accounting and Auditing Enforcement Releases by the SEC that address fraud. Explain how you conducted the research.

Q: Find the legal case SEC v. Wyly, 56 F.

Find the legal case SEC v. Wyly, 56 F. Supp. 3d 260 (S.D.N.Y. 2014) [Note that chapter 7 discusses case citations]. Discuss the court’s decision in that case.

Q: Illustrate the potential use of data analytics for an accountant using a

Illustrate the potential use of data analytics for an accountant using a legal database.

Q: Use a tax service such as “United States Tax Reporter”,

Use a tax service such as “United States Tax Reporter”, to answer the following questions: a. Assume a public university provides a $20,000 athletic scholarship to an athlete to cover tuition, books,...

Q: What deduction does Section 162(a)(2) specifically authorize

What deduction does Section 162(a)(2) specifically authorize? What Code provision in another section disallows some of those deductions? Explain.

Q: Use the citator to update the decision in United States v.

Use the citator to update the decision in United States v. Textron Inc., 507 F. Supp. 2d 138 (D.R.I. 2007). Determine whether any case has cited this decision or any subsequent decisions in this case....

Q: Myrtle loaned Sven $150,000 for his gardening supplies company

Myrtle loaned Sven $150,000 for his gardening supplies company. A drought occurred during the year. Because Sven was unable to repay the loan, Myrtle accepted the following plan to extinguish Sven’s d...