Category: Accounting

On behalf of the estate and the heirs of the estate, she has consulted your CPA firm for advice on
the income taxation of this transaction. Your firm’s position is that the estate owes no tax on this
transaction, but do discuss the arguments against as well as for this position
This is to be an “official” opinion letter that could be given to the IRS in support of your position
in the event that Bob’s estate is later audited. Be certain to include quotations from the
authorities, as needed, with proper citations (first case reference, full, proper citation (see the
chapter on research in the text) with later references also properly prepared (see the use of
citations by the judges in the cases, and the text)).
The maximum page length is four pages, the minimum is three, and your discussion of
Crane and Tufts should not exceed one. This does not include the statement of the issues
(put that on the first, separate, page) and the research trail (put that on separate pages after
the text of your research). Also, do not include a summary of the facts as you already did
that in the first memo. Use the statement of the issues as I suggested in class today.
It is to be Single-sided, single-spaced, 12 pitch, Times New Roman font, with 1 inch
margins on all sides.

Using a premade excel template: estimate future cash flows for a firm and then apply discounted cash flow analysis to estimate the value of a firm. You will then need to decide if you would sell the firm at a specific price.The instructions and template will be included in files as well as 2 example files to see examples of how it should be done.

Find out what H.R. bill 7024 is about and do the following:
1. Explain the gist of it (i.e. summary form of what it will do)
2.  Explain its current status, including:
a. Why you think it is where it is
b. What is causing its current status
3.  Give your opinion of what you think is going to happen with it

One of the slide topics, talk about it, and link it to social responsibility. In the instructions on the Blackboard website, it is required that there be no similarity, that the font be 12 timer and have exactly ten slides.

Question:
Choose any of the contemporary issues in accounting that has been discussed on this
module and answer the following questions, citing relevant literature and providing
examples from business/management/government practice: 
1. What is a contemporary issue? Why is this relevant? 
2. How does it emerge and evolve? 
3. In what way is a contemporary issue and its evolution relevant for modern
society? How is accounting involved? 
4. Critically examine the evolution of the contemporary issue using some of the
insights introduced in the lectures on the nature of accounting, accountability
and their role.
[Further details are in the file of ‘Essay Question’]
*Some ideas for choosing the contemporary issue are: 
– Environment
– Sustainability 
– Pandemic of covid 
– Accountability 
– Creation of truth 
Related notes are included in several files.
Require for:
– 10 to 20 references
– AI certification
Fell free to contact me if further information are needed, thank you!

Instructions will be uploaded laterTwo
3/17/24
Chapters 15-16
NOTE: Having said this, it’s important to get started, so…Hyperlink is to the e-Book
Chapters 15-16: Items Due (on Cengage):
Prep: Thursday: 3/21/24
ASP: Thursday: 3/21/24
HW: Thursday: 3/21/24
Exam #1 Online (C15-C16) due Thursday 3/21/24 by 11:55P
Week 2: Discussion Due (on D2L): Thursday 3/21/24
Three
3/24/24
Chapters 17-18
Chapters 17-18: Items Due (on Cengage):
Prep: Thursday: 4/4/24
ASP: Thursday: 4/4/24
HW: Thursday: 4/4/24
Exam #2 Online (C17-C18) due Thursday 4/4/24 by 11:55P
Week 3: Discussion Due (on D2L): Thursday 3/28/24
Four
3/31/24
Chapters 17-18
Chapters 17-18: Items Due (on Cengage):
Prep: Thursday: 4/4/24
ASP: Thursday: 4/4/24
HW: Thursday: 4/94/24
Exam #2 Online (C17-C18) due Thursday 4/4/24 by 11:55P
Week 4: Discussion Due (on D2L): Thursday 4/4/24
Five
4/7/24
Chapters 20 & 22
Chapters 20 & 22: Items Due (on Cengage):
Prep: Thursday: 4/18/24
ASP: Thursday: 4/18/24
HW: Thursday: 4/18/24
Exam #3 Online (C20 & C22) due Thursday 4/18/24 by 11:55P
Week 5: Discussion Due: Thursday 4/11/24
Six
4/14/24
Chapters 20 & 22
Chapters 20 & 22: Items Due (on Cengage):
Prep: Thursday: 4/18/24
ASP: Thursday: 4/18/24
HW: Thursday: 4/18/24
Exam #3 Online (C20 & C22) due Thursday 4/18/24 by 11:55P
Week 6: Discussion Due: Thursday 4/18/24
Seven
4/21/24
Chapters 23-24
Chapters 23-24: Items Due (on Cengage):
Prep: Thursday: 5/2/24
ASP: Thursday: 5/2/24
HW: Thursday: 5/2/24
Exam #4 Online (C23-C24) due Thursday 5/2/24 by 11:55P
Week 7: Discussion Due: Thursday 4/25/24
NOTE: Given the pacing of the class, Ex#5: C25-C26 is set just 1 week after this one. Feel free to quicken the pace and work ahead.
Eight
4/28/24
Chapters 25-26
Chapters 25-26: Items Due (on Cengage):
Prep: Friday: 5/10/24
ASP: Friday: 5/10/24
HW: Friday: 5/10/24
Exam #5 Online (C25-C26) due Friday 5/10/24 by 11:55P
Week 8: Discussion Due: Thursday 5/2/24
NOTE: Given the pacing of the class, Ex#5: C25-C26 is set just 1 week after this one. Feel free to quicken the pace and work ahead.
Nine
Finals Week
5/5/24
Finish Up, Clean Up & Prepare for End of Semester
Prep: Friday: 5/10/24
ASP: Friday: 5/10/24
HW: Friday: 5/10/24
Exam #5 Online (C25-C26) due Friday 5/10/24 by 11:55P
Week 8: Discussion Due: Thursday 5/9/24
https://normandale.learn.minnstate.edu/d2l/le/content/6398225/viewContent/64390671/View

We have covered documentation, database management, internal controls, and system processes during the past few units. Prepare a paper examining the evolution of IS (information systems) within a particular industry (your choice, such as manufacturing, banking, etc.). Conduct research on how information systems have impacted your chosen industry. Discuss the pros and cons of information systems. Think about ways systems have revolutionized the way we do business – from both locally to globally. Link our course topics to specific examples of how your industry has changed the way it conducts business. Has it made it more efficient? If so, how? Be creative. Illustrations and visuals are welcome. This paper should be a minimum of 2,000 words.  Ten to fifteen sources are required. APA style should be followed.

on excel spreadsheet Complete problems EX 11-12 on page 567 and PR- 11-3A on page 573 
using the attached templates as a guide.

Provided: Instructions and Sample example paper for you to model off of. The Sample paper is 8 pages long, the paper I require will probably not need as much so do not stress to satisfy the page requirement. Vice versa if it requires a page more then no problem I will add a tip. The instructions and sample will be attached. It is a lot of writing in the instructions. I recommend just reading the format instructions and then reading the attached PDFs.
Research Paper Format Instructions:
The research paper format should be
1) Facts-A brief statement of the facts that  have a tax effect
2) Issue-The tax questions raised by the facts
3) Conclusion-A brief answer to the question, without any statement as to why.
4) Reasoning: This is “why” your answer is what it is. It is likely the bulk of the paper. Give primary authority for each statement made.
Explanation of Conclusion vs Reasoning: An example
The facts are a car dealer allowed a valued employee to purchase one of his cars for significantly less than it cost the employer.
The “Issue” was:   “whether a very large discount offered an employee on a product is income?”
The Conclusion could be as simple as:  “Yes” or “Yes, to the extent the selling price is below the employer’s cost”
The conclusion is thus just the answer, without explaining why.
Then in “Reasoning” you would explain why you reached the conclusion you did citing and explaining the rules used, and citing the authoritative source for your answer, such as a IRC section or regulation, Court Decision etc.
Citations can be in the form of footnotes, either on each page, or in legal format embedded after the statement being supported.  Do not use endnotes.
However, every statement of a rule or law that you use in your paper must be supported and cited to the primary authority from which it is derived. Sources like the textbook or IRS consumer publications, while helpful, are not
authority you can cite.
.
**The Research Problem Provided: 
John Smith is an employee of Raytheon Corporation who specializes in the repair of
sensitive defense equipment manufactured by his employer. Raytheon has a 3-year
contract with the defense department to maintain and repair the equipment located at a
Military base in rural Oklahoma. In order to fulfill that contract, Raytheon rents a
house in a civilian development a few blocks from the base and requires John to live
there so he can efficiently and promptly respond to contract repairs required at the base.
John moves in with his family in June of 2021 and continues to live there through a
2024 renewal of the contract. Raytheon pays the $2.500 per month rent on the house,
along with all the associated utilities, internet and TV costing $700 per month, but
provides it free of charge to John. John’s wife also requests weekly deliveries of
groceries through Raytheon, which places the orders with a local supermarket, which in
turn delivers them to John’s home. The value of these groceries is $10,000 per year, free
of charge to John. Finally, Raytheon arranges for John to receive meals at its expense
when John is working on the base. The meals are worth $1,500 per year. John is also
provided with a leased car for his use, which costs Raytheon $700 per month. He stores
his tools at the house, and uses company provided internet and computers at the house
to support his services and communicate with Raytheon and the Military with regard to
the contract.
Question: What effect, if any, will these transactions have on John’s federal tax
liabilities for the 2021-2023 tax years.
Please state, clearly and succinctly, the tax effect on Smith, if any, of these transactions.
Use the format 1) Facts-2) Issue-3) Conclusion-4) Reasoning. Answer the questions
asked only, not what you wish I had asked. Give your reasoning and valid legal authority
for each statement you make, citing the source in each case. Only primary sources are
valid, such as the Internal Revenue Code, Regulations and Rulings, and case law. The
textbook, annotations in Checkpoint Edge, CCH AnswerConnect, Bloomberg Tax, or
other texts, or IRS consumer publications, may be useful in focusing your research, but
they are not primary authority and should not be cited as authority. You paper should
only be as long as necessary to succinctly answer the questions. 
**

INSTRUCTIONS (CASE#5) 
This is the fifth of nine cases. You should do seven cases of your choice from among the nine. Read the case in the Module 4 materials. Use the information to answer the case questions, and submit your answers in a Word document on BlackBoard. The purpose of the case is to show you how a prominent fraud detection model worked, or failed to work, in detecting the fraud at Enron.