Tarun has decided to roll out his own startup and plans to register a One Person company. Inform him about the provisions of Companies Act with respect to OPC. Also, consult him on the documentation required to register such a company.
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Tarun has decided to roll out his own startup and plans to register a One Person company. Inform him about the provisions of Companies Act with respect to OPC. Also, consult him on the documentation required to register such a company.
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- You are an accountant with a client that wants to set up a new company. She has come to you to ask what type of company to form. She is trying to decide between a corporation, an LLC, or a sole proprietorship. Taking into account the ability to raise capital, liability protections, taxation issues, ability to transfer ownership, and any other aspects you can discover discuss the pros and cons of the various entity forms. You can use your textbook but you should consult other courses as well. (It depends on what kind of company your client is opening and what they want to accomplish. The best you can do is give the client some information to think about. This post should cover the general aspects of the various type of business entities.)If you were given the task of creating a Corporate Code of Ethics. What are some of the items that you would include? Feel free to research corporate websites and view existing corporate code of ethic's reports. Required: Please respond by including at least five items that you would include in your new Corporate code of Ethics.You are a CPA who has been hired by DEF Company to assist with their initial public offering. Prepare a memo to the president of DEF outlining the steps you will take to launch the IPO.
- What are the permits and certificates to be able to open a technology business such as electronics or telecommunications in the USA .?Hello! I have to fill in this comparison table between three types of enterprises. I filled in the parts of LLC an JSC, and I need to fill in the individual entrepreneur characteristics. please let me know if there are any mistakes in the parts I filled in. Thanks a lot!In interview board, the recruitment committee members have asked you the following questions. i. How you can contribute the Financial Accounting Department of this company if youare recruited?
- Choose a major publicly traded corporation, then go to the corporation's site and retrieve the information needed for this assignment. Provide information about the history of the corporation and its current product offerings. Provide a screenshot of the corporate’s latest reported income statement. Organize the income statement in an Excel file to enable you to verify the arithmetic in the income statement, and explain your verifications. Also, explain the nature of each item in the income statement. Information for the Hi-Test company’s production process for September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. Work in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to direct labor and overhead; consists of $45,000 of direct materials cost and $56.320 conversion cost). = $101,320 Costs…Choose a major publicly traded corporation, then go to the corporation's site and retrieve the information needed for this assignment. Provide information about the history of the corporation and its current product offerings. Provide a screenshot of the corporate’s latest reported income statement. Organize the income statement in an Excel file to enable you to verify the arithmetic in the income statement, and explain your verifications. Also, explain the nature of each item in the income statement. Information for the Hi-Test company’s production process for September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. Work in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to direct labor and overhead; consists of $45,000 of direct materials cost and $56.320 conversion cost). = $101,320 Costs…How can Accountingfly use its recent acquisition of Going Concern as a recruiting tool for experienced CPAs who desire a different career track? Provide some examples to support your answer.
- What is the easiest way to set up multiple companies, with the same owner, in QuickBooks? Use the Advanced/Detailed Setup to go through the EasyStep Interview for each company, creating a separate company file for each. Use the Advanced/Detailed Setup to go through the EasyStep Interview for the oldest company, then click File > Add Additional Business at the end of the interview. Purchase a separate QuickBooks license for each company. You will create different icons for each company on your desktop. Set up classes for each company within the parent company file. This will allow you to print financial statements for each company.Which of the following relationships would be considered to be a business relationship with a third party and therefore must be approved by National Independence and reported in the firm's Business Relationship Register? Select all that apply. Subcontracting a third party to assist with providing services to a client A third-party software company lists BDO on its Web site as its preferred provider of implementation services Reselling the software developed by a third partyVirendra decides to open a Sub Way outlet in his locality for which he will need certain assets and liabilities. But he want to know what asset and liabilities exactly means? You being a Commerce graduate, discuss and define assets and liabilities, their composition with five examples for assets and five examples for liabilities.
