Define chartered companies
Q: discuss in brief the different accounting branches with their major objectives
A: Introduction:- Branches of accounting classified into more than 10 types but The following three…
Q: Which International body issued the Code of Ethics for Professional Accountants? a. IESBA b. IFRS c.…
A: IESBA: The IESBA's goal is to offer the public interest by establishing ethics standards, such as…
Q: What are the rules with respect to CPA firm names?
A: CPA firm name helps the users helps the users and public the ability to identify a firm. This helps…
Q: Describe the nature of CPA firms,what they do, and their structure
A:
Q: Differentiate accounting for government and not-for-profit organization from a business enterprise.
A: Business enterprises are those organisation which run and execute their business for the purpose of…
Q: Enumerate the Classes of Corporation. Explain each.
A: A corporation seems to be a legal body that exists independently of its owners. Corporations have…
Q: Carlos and Carla, a married couple in California, recently received an check in the amount of…
A: An inheritance is the process of transferring assets from a person to another after the death of the…
Q: Prepare journal entries in the book of corporation
A: The partnership refers to a general agreement among the partners for carrying a legal business and…
Q: Board composition in comporate governance
A: The question is based on the concept of the concept corporate governance and its management in a…
Q: roles of directors of the company and the role of auditors using the categories
A: Roles of Directors of the Company To choose the directors of the firm is vested in the hands of the…
Q: Describe the Oman Companies Formation act and procedure?
A: Oman companies Formation act and procedure
Q: A company's "Board of Directors" is elected by that company's
A: A board of directors is essentially a panel of people who are elected to represent shareholders.…
Q: Required: Prepare the entries to be made by the agency.
A: As per IFRS 9 "Financial Instruments", an organization shall measure a financial asset or financial…
Q: Managerial accounting information is generally prepared for a. stockholders. b. creditors. c.…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: Explain publicly owned corporation
A: Publicly owned corporation: A publicly owned corporation is a corporation whose proprietorship is…
Q: Define corporation and explain the effects of the continuous inoperation of a corporation.
A: Corporation: A corporation is a legal entity that exists independently of its owners and has its own…
Q: What are the stages in organizing a corporation
A: Steps that are involved in organising corporations :- (1) identification and division of…
Q: Explain certified public accountant (CPA).
A: Accountant refers to the professional who performs the accounting functions like financial statement…
Q: briefly describe the responsibilities of the Board of Director
A: Governance committee is for looking governance in company. Board of directors who guide and govern…
Q: Describe the importance of an active board of directors audit committee to an organisation.
A: Audit committee is the committee of Board of Directors (BOD) of firm which is accountable as well as…
Q: The documents which sets out basic rules for how a company is to run?
A: A company's constitution is a written text that lays down the laws that regulate it. It also…
Q: Explain the role of audit report in company.
A: Audit: Audit is the process of verification of the compliance of the financial statements.
Q: e
A: Company constitution is a document outlining the rules that govern the director-shareholder…
Q: Who must register with the Public Company Accounting Oversight Board?
A: Public Company Accounting Oversight Board refers to the non-profit organization which regulates…
Q: Identify if statements are true for the corporate form of organization. It is a separate legal…
A: Corporation: The form of business entity ,which is incorporated by state law into a separate legal…
Q: The body responsible for the registration of all companies ?
A: Given the following question: Which is the body that is responsible for the registration of all…
Q: Identify and explain four principles of effective corporate governance.
A: The corporate governance reflects the effective framework of all the guidelines which will help in…
Q: According to the below title, what kind of Research is this title? ADVANCE FOR CORPORATE FINANACE
A: This will be primary research.
Q: What is the most important written document/s in CPA (Certified Public Accountant) Profession? Why?
A: The CPA designation distinguishes licensed accounting professionals committed to protecting the…
Q: Describe the organization of public accounting firms and the composition of the audit teams
A: Public accounting firms: Public accounting firms are service organizations providing specialized…
Q: escribe the necessity, purpose and potential makeup of a board of director
A: For public companies having a proper board of directors is important. This is because public…
Q: Identify the different entities that makeethics rules for CPAs and public accountingfirms.
A: Ethics: “That branch of philosophy which is the systematic study of reflective choice, of the…
Q: Explain why establishing accounting standards is characterized as a politicalprocess
A: The standard setting process is a political process that is affected by the impact of several…
Q: The financial accounting Standards board is responsible for
A: FASB is an independent, not for profit private organisation recognised by Securities Exchange…
Q: What is the SEC’s relationship to the Public Company Accounting Oversight Board?
A: The Sarbanes-Oxley Act created the Public Company Accounting Oversight Board to supervise the…
Define chartered companies
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