Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Acc 545 week 1 individual assignment cpa report
1. ACC 545 Week 1 Individual Assignment CPA
Report
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week-1-individual-assignment-cpa-report/
Individual Assignment: CPA Report
As the CPA for a large organization, your manager has asked you to provide information to
outside CPAs who are examining a subsidiary that has been set up as a corporation. As part of
their review, the CPAs have asked you to provide them with the following explanations:
-The methodology used to determine deferred taxes
-The procedures for reporting accounting changes and error corrections
-The rationale behind establishing the subsidiary as a corporation
Prepare your response to the three questions. Before submitting your response, your manager
would like to know a little bit more about the request. She has asked you to tell her what your
professional responsibilities are as a CPA, and the difference between a review and an audit.
You should provide draft responses to the above questions as well as providing your manager
with a summary of your responsibilities in an internal memo (no more than 1,050 words).