Title: ACC 545 Week 1 Individual Assignment CPA Report
1ACC 545 Week 1 Individual Assignment CPA
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545-Week-1-Individual-Assignment-CPA-Report ACC
545 Week 1 Individual Assignment CPA Report As
the CPA for a large organization, you were asked
by your manager 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.Â
2You should provide draft responses to the above
questions as well as providing your manager with
a summary of your responsibilities in one
document (no more than 1,050 words). For more
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