Group Assignment On Computation of Income and Tax Liability of an Individual Subject-ACT 322 Section-2 Prepared For Professor Mahbubur Rahman (MbR) Prepared By Nymul Hasan Taseen (083 414 030) Sharafat Halim (091 0615 030) Abu Syed Arik Kibria (091 0622 030) Abdullah Mohammed Zoboer Abhi (092 0096 030 - From Section 1) Date of Submission – 21st April‚ 2012. Of all the direct taxes‚ Income Tax ranks foremost. By nature and heritage‚ many of us tend to be just “free riders”
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phrases “accounting standards” and “financial reporting” refer to. Accounting standards refer to the accounting methods used in an accounting system like the IFRS. Financial reporting refers to the representation of financial information‚ in order to be uniform the financial reporting must be based on a fixed set of rules‚ invole complete objectivity and no bias. The IFRS (International financial reporting standards) has indeed helped the uniformity of financial reporting. However‚ in some cases due to
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strong indication that there are separate entities at work. Hirschy & Wilkinson (2009) point out that due to variations in reporting requirements of each state‚ data is not available every year. As each state expands legislation like Arizona has‚ there is an obvious change in data that could be used for research in order to evaluate the overall effectiveness of mandatory reporting. Even more surprising is the fact that not all states mandate the same criteria for specified reporters or offer varying
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Q _ Tran Nam Quan: Blue Bui Minh Tri Quy : Task 1: Which of the following items are income: Rent from a residential rental property rented by a young family? yes‚ ordinary income under sec. 6-5 A birthday gift ? No A dividend from BP? Yes‚ Statutory income under sec.44(1) ITAA 1936 Wages and Salaries from your employer? Yes. Ordinary income under sec 6-5 Bank Interest Received? Yes‚ Ordinary income under sec 6-5(2) Your boss takes you out to dinner? No An allowance paid for
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ckChapter 11 – Reporting and Analyzing Stockholders’ Equity I. Characteristics of a Corporation (Publicly held (closely held)) * Separate legal existence; * Limited liability of stockholders; limited to investment * Transferable ownership rights; * Ability to acquire capital; * Continuous life; * Corporation management: Shareholders Shareholders * Voting rights * Profit sharing * Preemptive right * Residual claim Board of Directors
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Professional Ethics on Financial Reporting Quality 1 1-2 Mahdi Mahdavikhou‚ 2Mohsen Khotanlou Young Researchers Club‚ Hamedan Branch‚ Islamic Azad University‚ Hamedan‚ Iran. Abstract: This research aims to study the impact of professional ethics on promoting quality of financial reporting. The statistical population in this study includes 440 listed companies in Tehran Stock Exchange (TSE) in 2010. Using Krejcie and Morgan ’s table for determining sample size‚ 205 companies were selected as the
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A Comprehensive Business Reporting Model Financial Reporting for Investors July 2007 CFA Institute Centre Comprehensive Business Reporting Model Staff Kurt Schacht‚ CFA Managing Director Rebecca McEnally‚ CFA Capital Markets Policy Group Georgene Palacky‚ CPA Director Financial Reporting Group Members of the Comprehensive Business Reporting Model Subcommittee and the Corporate Disclosure Policy Council Gerald I. White‚ CFA‚ Chair Grace & White Inc. New York‚ NY United States
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REPORTING PRACTICE OF THE CORPORATE SECTOR IN INDIA Sham Lal & Sonia Lecturer in Commerce‚ Guest Faculty‚ Govt. Bikram College of Commerce‚ Patiala . Research Scholar‚ Dravidian University‚ Kuppum‚ AP. MA Economics Part II‚ Punjabi University‚ Patiala Abstract Disclosure is the communication of various details regarding the activities of the business which are to be disclosed either statutorily or otherwise‚ and it is to convey a true and fair view of the operating results and financial position
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a tremendous amount of room for creativity and innovation that has resulted in great success to date. The company has gone from strictly a search engine to a multi-faceted information and communication company offering such products and services as email‚ a mobile operating system‚ a web browser‚ and cloud applications. All of these changes have been consistent with the mission of the company and shows the range of possibilities that fall under its umbrella. With the expansion of these products and
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1. DETAILS OF THE ORGANISATION Name of the Organisation: Phone: E-mail: Address of the Organisation: Vill-Sripur‚P.O.-Dewanpasha‚ Sub-Division- Dharmanagar‚ Dist.-North‚State-Tripura‚Pin-799254. SANGHADIP (03822) 233282‚ 9436476002(Secretary) sanghadip@yahoo.co.in NGO Report by Tirthankar Majumder‚2013‚RMD dpt‚Tripura University. Page 1 2.1.BACKGROUND INTRODUCTION SANGHADIP‚a non profit making Voluntary Organization was founded in 1979‚1st Nov‚ with the objective of providing multi-dimensional
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