Accounting for attorneys - Study guides, Class notes & Summaries

TLI4801 PORTFOLIO MEMO - SEMESTER 2 - 2022 - UNISA (WITH DETAILED FOOTNOTES AND A BIBLIOGRAPHY)️️️️️ QUESTION 1: CIVIL PRACTICE 1. A client arrives at your office. You notice that she is using crutches and her right leg is in a cast. She informs you that she has been involved in a motor collision. Her leg was broken and she sustained bruises on her face and body as a result of the accident. Her car has also been damaged. There is a problem with her insurance. She has no income. An...

Solution Manual Federal Tax Research 12th Edition by Roby Sawyers, Steven Gill || All Chapters A+ | Latest 2024 Solution Manual Federal Tax Research 12th Edition by Roby Sawyers, Steven Gill CHAPTER 1 INTRODUCTION TO TAX PRACTICE AND ETHICS DISCUSSION QUESTIONS 1-1. In the United States, the tax system is an outgrowth of the following five disciplines: law, accounting, economics, political science, and sociology. The environment for the tax system is provided by the principles of economic...

FAC1503 ASSIGNMENT 4 BOMB. Faithful representation of information means that only information which is significant enough needs to be separately disclosed. Minor items must be included in the financial statements but need not be separately disclosed. True False Answer Key:False Feedback:Refer to section 1.5.4 of learning unit 1 Question 2 of 28 1.0/ 1.0 Points SA attorneys spend R2300 on goods not utilised for earning taxable income. SA Attorneys may not claim input VAT on the goods b...

1. Tax planning has a higher likelihood of success when a tax practitioner is dealing with an open transaction instead of a closed transaction. a. True b. False 2. If a CPA becomes aware of an error in a tax return, he or she must immediately notify the IRS. a. True b. False 3. The Sarbanes-Oxley Act addresses issues of corporate governance as well as the independence of auditors. a. True b. False 4. An attorney, CPA, or enrolled agent may use advertising to obtain clients under Circular 2...

REVISION MATERIAL FOR SURVEY OF ACCOUNTING 3RD EDITION BY EDMONDS CHAPTER 1 - An Introduction to Accounting ANSWERS TO QUESTIONS 1. Stakeholders are the parties that use accounting information. Stakeholders with a direct interest include owners, managers, creditors, suppliers, and employees. These individuals are directly affected by what happens to the business. Stakeholders with an indirect interest include financial analysts, brokers, attorneys, government regulators, and news...

Paralegal Ethics Final Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A+ UPL Unauthorized practice of law Confidentiality Rule prohibiting attorneys and paralegals from disclosing information regarding a client or a client's case. Client Trust Account A bank account used to safeguard client money and property. Must be clearly identifiable, with regular accounting and funds cannot be withdrawn until earned. Also: Can't commingle funds. Claw-back prov...

TAX3701 Assignment 2 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 (798141) - DUE 13 September 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1 (35 marks, 63 minutes) Tau Steelworks (Pty) Ltd (Tau) is a South African company manufacturing a range of steel products used in building construction for the local and the export market. The company is not a small business corpo...

Basic Appraisal Principles Exam Questions with 100% Correct Answers When are appraisers needed? -Answer-to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser -Answer-One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser -Answer-competent, independent, impartial, objective, prompt, organized, educated, honest & dilige...

Auditing Exam 1|359 Questions with Verified Answers 1. Which of the following would be considered an assurance engagement? a. Giving an opinion on a prize promoter's claims about the amount of sweepstakes prizes awarded in the past. b. Giving an opinion on the conformity of the financial statements of a university with generally accepted accounting principles. c. Giving an opinion on the fair presentation of a newspaper's circulation data. d. Giving assurance about the average drive len...

Utah Law Real Estate Questions and Answers 100% Pass who needs a real estate license? anyone who is compensated or paid for their services in helping someone lease property. licensing Exceptions Anyone acting for themselves for sale by owner Licensing Exceptions salaried employees can sell, lease and manage property for their employers. Exempt from needing a real estate license resident property managers, as long as their pay is in the form of free or reduced rent on the unit t...