Memorandum To:File From:Date:October 21‚ 2014 Re:Mi Amore – Reasonable Compensation Determination Facts Molly James and Isabelle Collins are owners of Mi Amore‚ a C Corp. They were audited and disallowed a deduction for compensation by over 1 million dollars. The auditor said the disallowance wasn’t based on the reasonable criterion‚ but rather‚ that the disallowed amount wasn’t intended to be compensation. Issues Can the IRS disallow a deduction for compensation without determination that
Premium Money Internal Revenue Service Employment
Memo 1: eVade Pays Up 1. present obligation defer of liability 2. state law‚ so not a contingency 3. legal liability On March 31‚ 2012 Doing nothing: reason: yes there is a new tax rule of amnesty program‚ but it’s contingent on voluntarily resgister on prospective basis. If they didn’t file the paper work‚ they still may subject to $60 million. No legal reduction on the liability yet. Code: gain contingency‚ derecognition of liability extinguish405-40-1 On June 15‚ 2012 Memo 2: Talking
Premium Lease Finance lease
To: All Staff From: Tan Noob Noob‚ HR manager Date: 10 Oct 2014 Subject: Leave Application through online system This memo is to remind all staff to apply their leave through the online system. Recently‚ HR department has received a few leave application forms. Staff should use the online application system to apply for their leave. This online system is set up by the company 6 months ago to make the leave application process more convenient and simpler. For those who not know how to apply online
Premium Application software English-language films
MEMO TO: Darlene Wardlaw FROM: Bradley Crumpler DATE: September 20‚ 2014 RE: Staffing Memo for the Apollo Shoes‚ Inc. audit for 12/31/2014 After reviewing last year’s (2013) 10-K filing with the SEC‚ the board of directors’ minutes‚ and other documents pertaining to Apollo Shoes‚ Inc. here is our initial recommendation for staffing requirements: Audit engagement partner * Audit manager * It audit specialist Tax partner Quality assurance partner Legal specialist Audit Staff * Audit Engagement
Premium Management Auditing Corporate governance
ACCOUNTING AND FINACIAL REPORTING Group Project FINANCIAL STATEMENT ANALYSIS Due January 30‚ 2013 1. Focused on parts: 2 Balance Sheet and 3 Income Statement 2. Focused on parts: 1 General Information 3. Focused on parts: 4 Evaluation of the Corporation’s Disclosures 4. Focused on parts: ……………… (Although each member may focus on some specific parts for report preparation
Premium Balance sheet Revenue Generally Accepted Accounting Principles
Vol. 3‚ No. 12 International Journal of Business and Management Corporate Environmental Reporting: An EmergingIssue in the Corporate World Alok Kumar Pramanik Department of Commerce‚ Bhatter College P.O. – Dantan‚ Pin 721426‚ Dist. – Paschim Medinipur (West Bengal) Tel: 32-2925-3481 Email: alokdantan@sify.com Nikhil Chandra Shil‚ ACMA (Corresponding Author) Department of Business Administration‚ East West University 43‚ Mohakhali C/A‚ Dhaka 1212‚ Bangladesh Tel: 18-1928-9589 (M) Email:
Premium Financial statements Sustainability Environmental law
Accountability‚ Representation and Control Abstract This paper is concerned with the concepts of accountability; representation and control explain the euro debt crisis in detail. The author takes a deeper journey into the meaning of occurs of Euro sovereign debt crisis by use of definition of ARC to in-depth explain this issue. We propose further examination of the ARC relating to the Euro sovereign debt crisis in order to propose a prosperous and harmonious of Euro zone. Table of Content
Premium Eurozone Euro European Union
MEMORANDUM September 7‚ 2012 To: From: Subject: The importance of segregation of duties for a small business This memo is in response to your concern of how your company’s performance improves effectively. A strong internal control will definitely play an important role to achieve your goal. The memo will first explain what internal control is. It is then followed by discussing segregation of duties‚ which is a key factor of internal control. I also include some examples of how duties
Premium Balance sheet Fraud Management
MEMO To:Tony Reebok; NFL Jersey Inventory Manager From:Reebok; Inventory Planning Assistant Date:October 9‚ 2014 Re:Reebok’s NFL Jersey Inventory Solution The purpose of this memo is to address the uncertainty associated with the demand for NFL replica jerseys. Because of uncontrollable factors (unpredictable popularity and success of both teams and specific players)‚ demand fluctuates and is variable. In order for Reebok to have successful and efficient inventory planning‚ Reebok should
Premium Economic order quantity New Jersey Inventory
Sustainability 2 What Sustainability means to Woolworths 3 Corporate Stakeholders of Woolworths 3 Woolworths Drive for Change 5 Integrated Reporting 6 Why Integrated Reporting? 6 Woolworths Integrated Reporting 7 The Future of Integrated Reporting 7 Conclusion 8 Word Count: 1995 Executive Summary This report examines the new world of sustainability reporting‚ and the complex web of stakeholders. It focuses particularly on the demands for new kinds of transparency which serve the interests of
Premium Sustainability