Answered: How about if the attorney joins the…

Business

Accounting

How about if the attorney joins the firm at the same time? Can you come up with any alternatives that might work?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Economics

WHAT WOULD YOU DO 7-3 Three Good Friends
Your friend needs help. He has started a CPA firm and is swamped; who knew that forensic accounting could be so time-consuming? You have just passed the CPA and are looking for a job, and this sounds terrific since he offered that the two of you would immediately become partners and share all profits 50/50.
How about if the attorney joins the firm at the same time?
Can you come up with any alternatives that might work?

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