Becoming a CPA Accounting is the study of how businesses track their income. Identify business goals and activities; describe the role of accounting in making informed decisions‚ the uses and organization of financial performance over an accounting cycle. Accountants engage in a wide variety of activities besides preparing financial statements. They spend a lot of time learning how to make the business profitable. Therefore‚ an accountant is perfectly positioned to become a Chief Financial
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1. If a CPA recklessly departs from the standards of due care when conducting an audit‚ she or he will be liable to unknown third parties based on a. strict liability c. negligence b. gross negligence d. breach of contract 2. Under the common law‚ which of the following statements most accurately reflects the liability of a CPA who fraudulently gives an opinion on an audit of a client’s financial statements? c. The CPA is liable only to third parties in privity of contract
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Multiple Choice—CPA Adapted Chapter 14 – Long Term Liabilities 1. On July 1‚ 2010‚ Spear Co. issued 1‚000 of its 10%‚ $1‚000 bonds at 99 plus accrued interest. The bonds are dated April 1‚ 2010 and mature on April 1‚ 2020. Interest is payable semiannually on April 1 and October 1. What amount did Spear receive from the bond issuance? a. $1‚015‚000 b. $1‚000‚000 c. $990‚000 d. $965‚000 2. On January 1‚ 2010‚ Solis Co. issued its 10% bonds in the face amount of $3‚000‚000
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I would like to start off with a simple‚ yet powerful quote‚ “You miss 100% of the shots you don’t take.” -Wayne Gretzky. This quote does truly speak levels‚ which is why when I take shots I go big or I go home. I want to become a registered CPA and I would like to become the President of the University of Central Florida’s Phi Beta Lambda. I believe I can achieve these goals because of how I have adapted‚ developed‚ and changed over just my high school years. I would like to start off by saying
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CPA Program—professional level Ethics and Governance Workshop 3—Corporate social responsibility (Module 5) Presentation Slides 2-slide view Semester 1 2012 Author: Craig Deegan Published by Deakin University on behalf of CPA Australia Ltd‚ ABN 64 008 392 452 © CPA Australia Ltd 2012 The contents and any information contained in this document (Information) are for general information only. They are not intended as professional advice. For any professional advice‚ please consult
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auditor‚ the firm should contact local banks‚ lawyers‚ other CPA firms and other business. The firm should also do background check on the potential client. 2. If John Jones suggested I offer him a loan and instead of offering an asset as collateral he offered a lump sum of cash that covered the whole amount of the loan‚ warning signs would of went on in my head. This transaction would never transpire if this was my accounting office. CPA has a professional and moral responsibility to report illegal
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2014 CPA Program Global Strategy and Leadership © CPA Australia Ltd 2014 Page 2 of 13 Global Strategy and Leadership GENERAL GUIDELINES FOR EXAM PREPARATION Global Strategy and Leadership 1 Introduction The Global Strategy and Leadership (GSL) exam is to be held between 26 April and 2 May. Please refer to your exam confirmation email or My CPA Program for confirmation of your exam date. Along with this guidelines document‚ you should have received the ‘Exam cases: Pre-seen
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I. PROJECT SUMMARY BACKGROUND OF THE STUDY A successful printing company‚ whom one of the members is employedby‚ is one factor that pushed nine students to come up with a digital printing service business. Also‚ we have another member who has been a graphic artist. Considering these advantages‚ we strongly believe that it would be easier for us to formulate new ideas which will bring our studies to be in the line of high competition in the printing industry. Furthermore‚ experiences of them with
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Exam focus – the pre-seen case study for the November 2010 Strategic level exams BPP subject specialists Doug Haste‚ Dave Halford and Daniel Clark analyse the preseen case study for the November 2010 Strategic level exams from the viewpoint of each of the three papers (E3‚ F3 and P3) Since the introduction of the new syllabus in May 2010 CIMA have used a pre-seen case study as the basis for the 50 mark Section A question in each of the three Strategic level papers (E3‚ F3 and P3). In this article
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Introduction Diabetes A group of metabolic disease characterized by elevated level of glucose in the blood resulting from defects in insulin secretion‚ insulin action or both. It is a chronic disease that occurs either when the pancreas does not produce enough insulin or when the body cannot effectively use the insulin. Basic pathology is Insulin
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