After deciding on the appropriate option that will best enhance the growth of her business‚ Taira still has to decide the business form best for her goals. Understanding the advantages and disadvantages of each can help make the decision easier‚ however‚ it completely depends on the desired result. The sole owner creates goals with their own ideas in mind. They also collect all the profits and benefits of the business and because of this‚ they only pay taxes on their personal income and not additional
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Apple Inc. was founded on April 1‚ 1976 in Cupertino‚ CA and was incorporated on January 3‚ 1977 (Apple‚ 2010). The company was founded by Steve Jobs and Steve Wozniak. Jobs also asked his former colleague from Atari‚ Ronald Wayne to join them in their startup. Wayne designed the first Apple logo. In early 1976 Jobs approached a local company store‚ The Byte Shop‚ said they would be interested in the machine‚ but only if it came completely assembled (Foljanty‚ 2010). The shop ordered 50 Apple I computers
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............................. 12 Conclusion ...................................................................................... 16 References ..................................................................................... 17 SageGroup‚ LLP 1 Target Corporation Executive Summary Target Corporation has no new imminent threats on its horizon. Its greatest challenge continues to be the problem of competing with Wal-Mart. In order to reduce the threat posed to profits by internal
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LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT A PROJECT SYNOPSIS ON A STUDY OF PRIVATE EQUITY LIFECYCLE - CREATION OF LLP‚ INVESTMENT AND EXIT SUBMITTED BY: JUBY CHERIAN ROLL NO 48/2012‚ SEC A LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT‚ DELHI A STUDY OF PRIVATE EQUITY LIFECYCLE - CREATION OF LLP‚ INVESTMENT AND EXIT By: Juby Cherian Roll No 48/2011‚ Sec A Distribution List: Prof S.S. Parmar – Faculty Guide‚ LBSIM‚ Delhi Date of Project Synopsis
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Outline the various available forms of business structure and outline their respective advantages and disadvantages. There are a number of possible business structures and which is the most appropriate will depend on the individual circumstances of the business concerned. A sole trader is the most straightforward model as there are few formalities in setting up. An individual trades independently under his/her own name. This individual makes all the important decisions‚ is responsible for paying
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papers or working papers. In the runners shop case‚ audit documentation is significant for the audit work performed by Green and Brown‚ LLP‚ it has specific purpose to support the audit work. As we know‚ audit documentation has significant role in auditing because it enables auditors to provide reasonable assurance for clients. From reading the cases‚ Green and Brown‚ LLP has specific firm guidelines for audit documentation. Those guidelines have significant benefits in auditing the firm. According to
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assume any liability whatsoever‚ there are limited liability partnerships (LLPs). An LLP allows limited liability for all of the partners. Like general and limited partnerships‚ LLPs pass the profits and losses through to the partners‚ and LLPs have the flexibility of choosing either a centralized management structure or a completely decentralized structure like a general partnership. Unlike a general partnership‚ partners in an LLP have limited liability and‚ unlike limited partners in a limited partnership
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ACC565 Week 6 Discussion 1 and 2 Name Course University 5/14/2014 Discussion 1 "Partnership Tax Year" Please respond to the following: The IRC restricts the choices for a partnership‘s tax year to prevent the deferral of tax. This causes most partnerships to adopt a calendar year for tax reporting. From the e-Activity‚ create a scenario using a fiscal tax year which allows a partnership to defer taxes that meet the requirements of Sections 706 and 444 of the IRC. Suggest at least one
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the five conditions that precipitate fraud with a clear plan that limits the opportunity for fraud and minimizes the impact when fraud does occur.” Jonathan Marks‚ Partner-in-charge‚ fraud and ethics practice Crowe Horwath LLP www.crowehorwath.com 3 Crowe Horwath LLP Then and Now 1950s Straight-line reporting authority Dual responsibility Single suppliers Local or regional service area Step-up salary structure CEO as businessman Businesses led by owners 2000s Matrix organizations
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This is regardless of the individual’s ethnic background‚ language‚ culture‚ faith‚ gender‚ age‚ sexual orientation or any other aspect that could result in their being discriminated against purely because they have such characteristics. Ashley Care LLP is firmly committed to diversity in all areas of our work. We believe that we have much to learn and profit from diverse cultures‚ experiences and perspectives‚ and that diversity will make our organisation more effective in meeting the needs of all
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