critical analysis on tax disclosure of two selected companies—GD Express Carrier Berhad (GDEX) and Bonia Corporation Berhad (BONIA) which falls under trading/services sector and consumer sector respectively. Analysis is based on the annual report 2015 of each company (extracted in the appendices). All detailed calculations are performed in the footnotes attached. GDEX‚ founded in 1997‚ focuses on two business segments‚ namely‚ Express delivery and Logistics. Primarily‚ it operates in Malaysia and Singapore
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archive file of ACC 491 Week 3 Discussion Question 3 includes: What are the two types of audit tests? What are some examples of each of these two types of tests? How will the auditor use the data gathered from these tests? Business - General Business ACC 491 Week 1 Individual Generally Accepted Auditing Standards Paper ACC 491 Week 2 Individual Assignments From the Text ACC 491 Week 2 Learning Team Auditing‚ Attestation‚ and Assurance Services Paper ACC 491 Week 3
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Financial Statements Paper Your Name Principles of Accounting – ACC/280 Date Instructor Name Financial Statements Paper The purpose of accounting is to provide a means of reporting‚ recording‚ summarizing‚ and interpreting economic data within an organization. Accounting is used by everyone in one form or another. Everyone should have a basic understanding of accounting as it could be extremely beneficial to everyone. Within every company there should be an accounting department
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ACC205Week 5 Final Paper (WalMart Financial Analysis Report) 1 Rosie Collins ACC 205: Principle of Accounting I Traci West March 31‚ 2014 ACC205Week 5 Final Paper (WalMart Financial Analysis Report) 2 Financial accounting reports‚ to include balance sheets and income statements provide accountants and the general public a snap shot of a company’s overall financial condition and
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|You are an Entrepreneur ! | An international education company which send students to the U.S.A from Turkey. The exact definition of the company is based on Summer Work And Travel program. Let’s find the definition out with the help of 5W1H questions. WHO Participants of the program need to be a student who is/has: ages between 18-30; a full-time student of any university‚ a GPA 2.0/4.0‚ Sufficiently proficient
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Article Rebuttal Larry D. Bluford‚ Jr. BCOM/275 December 12th‚ 2012 Ernestine Givens‚ MBA University of Phoenix The death penalty has been in existence over 100 years in California. When capital punishment began the first method of execution was hanging. In 1937‚ they stopped hanging the convicted and replaced the method with the gas chamber. However‚ in 1972‚ the death penalty was considered cruel and unusual punishment. The abolishment of
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Internal Accountant’s Report to Management | |Accountant | Memo To: Management From: Internal Accountant Date: 10/8/2011 Re: Government Bid Occupational fraud is defined as the use of a person’s job for individual enrichment through the purposeful mishandling or misapplication of his or her employer’s capital or assets (Wells
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Memo To: John & Jane Smith From: Date: Re: Memo summarizing various tax issues 1. John Smith ’s tax issues: Issue a) How is the $300‚000 treated for purposes of federal tax income? John Smith’s earned income of $300‚000 will reported as gross income either on Schedule c of the individual return or as gross income on the LLC return. As a result of the variance in the state laws as to whether or not a single person LLC can report on a business return is the reasons why it could be
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Ethics case (a) Who will suffer negative effects if you do not comply with Gena Schmitt’s instructions? Who will suffer if you do comply? The negative effects of not complying with Gena Schmitt’s instructions can be detrimental to all stakeholders of the business. Those include the business‚ the employees‚ customers‚ and the assistant controller since he or she is disobeying a direct order. If the controller does comply with the instructions the controller can be held ethically responsible
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Chapter One Sole Proprietorship: A business with one owner (and is not a taxable entity) Partnerships: Owned by two or more individuals (also not a taxable entity) Non-business entities: organized for a purpose other than earning a profit Economic Entity Concept: Assuming that everything is accounted for in a business. Personal costs must be separate from the business. Operating Activities: “Day to day” activities Investing Activities: Purchase and sale of long-term assets Financing: Money needed
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