Questions from Auditing and Assurance

Q: How is a tax memo usually organized?

How is a tax memo usually organized?

Q: Explain the overload of accounting standards. How is the FASB attempting

Explain the overload of accounting standards. How is the FASB attempting to overcome this issue?

Q: What is an under lying reason for the establishment of accounting standards

What is an under lying reason for the establishment of accounting standards?

Q: Your conclusion to the research is often presented to your boss or

Your conclusion to the research is often presented to your boss or client in the form of a research memorandum. Identify the basic points to include in this memo. Also, identify at least two common er...

Q: Explain the necessity of critical thinking in the research process.

Explain the necessity of critical thinking in the research process.

Q: What is the purpose of the GASB? Why should the public

What is the purpose of the GASB? Why should the public have an interest in governmental financial reporting?

Q: If authoritative literature does not exist, what steps might the researcher

If authoritative literature does not exist, what steps might the researcher take?

Q: What constitutes U.S. GAAP?

What constitutes U.S. GAAP?

Q: As an accountant for Microsoft, you are conducting accounting research related

As an accountant for Microsoft, you are conducting accounting research related to pension accounting, would you utilize the standards of the AICPA, GAO, FASB, or the PCAOB? Why?

Q: How can the promulgation of an accounting standard impact economic behavior?

How can the promulgation of an accounting standard impact economic behavior? Discuss a specific example.