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What are the differences, including timing issues, between cash and
accrual basis accounting?
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ACC 545 Week 1 Individual Assignment CPA Report
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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