CS Professional Programme Tax Notes Prepared by: CA R Giridharan FCA Collected by: Santhosh Thomas Thaikkadan Tax Management Tax Management is essential‚ Tax planning is desirable and Tax evasion is objectionable. Elaborate. Tax Planning Tax Management Tax Evasion Tax planning is to avail Tax management refers to Tax evasion refers to ways maximum benefit deductions‚ rebates of the steps taken to ensure and means adopted by a exemptions‚ compliance
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LJB Company: Internal Controls LJB Company: Internal Controls Contents Introduction 3 Internal Control Requirements 2 Strengths and Recommendations 2 Violations 3 Conclusion 4 Works Cited 4 Introduction LJB Company has asked the accounting firm to evaluate their system of internal controls because of the plan to go public in the near future. The president wants to be aware of any new regulations required of his company if they go public. The current system of internal controls
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ANSWER KEY for “Lewis and Clark Reloaded: The 3‚041-Mile Bike Trail” by Mary Rose Grant School for Professional Studies Saint Louis University Part I—The Adventure Begins … and Comes to a Screaming Halt 1. What body systems are primarily affected and what physiological changes would you expect Joe and Frank to experience during such rigorous exercise? You may list‚ as students report out‚ the physiological changes to the respiratory‚ cardiovascular‚ neuromuscular‚ and urinary systems
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Recommendations ➢ Suggestions to performance measurement system: 1) ROI can be used combination with other performance measures to avoid the limitations of ROI. The company can establish a non-financial performance measurement system such as the balanced scorecard .With a good performance measurement system‚ the incentive compensation plan will be improved. (2) EVA ( Economic value added) can be used instead of RO ➢ Suggestions to improve the existing incentive compensation plan. ➢ Suggestions
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The Companies Act‚ 1956 Sec 1 Short title‚ and commencement (1) This Act may be called the Companies (Amendment) Act‚ 2000. (2) The provisions of this Act‚ other than sections 7 and 75‚ shall come into force at once and sections 7 and 75 shall come into force on such date as the Central Government may‚ by notification in the Official Gazette‚ appoint. Sec 2 Definitions In this Act‚ unless the context otherwise requires‚ (1) "abridged prospectus" means a memorandum containing such salient features
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Basics of Capital Budgeting: Evaluation Cash Flows Oct 2‚ 2014 Executive Summary: We heritage $1 million from our grandfather‚ and we just received our master degree in MBA‚ and because we love to be our own boss and‚ we don not have the skills to trade on the market‚ we decided to purchase an established franchise in the fast-food area to make some investments. We chose two franchises: L‚ Lisa’s Soups‚ Salads‚ & Stuff which serves breakfast and lunch; and S‚ Sam’s Fabulous Fried Chicken that serves
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three years to see the benefits. Discussion Board 1 The strategy of a startup company I worked for 20 years ago was extremely narrow‚ and focused on a very niche market. The strategy was actually more emergent than intended as it was not the “result of careful deliberation” (Johnson‚ Scholes & Whittington‚ 2008‚ p. 400)‚ but rather was the outcome of ideas and plans that developed over time. The intent of the company was to develop software for the hospital food service industry to assist in ordering
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BA 530 Employee Retention and Company Success Starbucks believes that the compensation paid to executive officers should be closely aligned with the performance of the company on both a short-term and a long-term basis‚ and that such compensation will assist the company in attracting and retaining key executives‚ which is critical to long-term success. Thus‚ compensation for executive officers consists of three components: annual base salary‚ annual incentive bonus‚ and long-term incentive
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The Campbell Company is evaluating a proposal to buy a new milling machine. The base price is $108‚000‚ and shipping and installation costs would add another $12‚500. The machine falls into the MACRS 3-year class‚ and it would be sold after 3 years for $65‚000. The machine would require a $5‚500 increase in working capital (increased inventory less increased accounts payable). There would be no effect on revenues‚ but pre-tax labor costs would decline by $44‚000 per year. The marginal tax rate
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Chapter 1 – Nature and regulation of companies RQ 9. Outline the differences between shares and debentures. Ordinary shares attract no fixed rate of dividend‚ carry voting rights and may participate in surplus assets and profits of the company – they represent ownership of x% of the company. Ordinary shares are classified as equity. The company may issue shares either fully paid or partly paid (s. 254A). If partly paid shares are issued‚ the shareholder is liable to pay calls on the shares
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