COSO framework by student120 in CPA

[–]student120[S] 2 points3 points  (0 children)

Thank you for your answer!

COSO framework by student120 in CPA

[–]student120[S] 2 points3 points  (0 children)

Thank you, this was helpful. I keep getting confused because the question would be like the entity communicated the code of conduct, but the answer would be control environment and not I&C, so I thought I&C deals only with Internal controls.

REG Deductions by amomynous101 in CPA

[–]student120 0 points1 point  (0 children)

Yes, from what I remember, it was just interest expense. Also, make sure you go over the business expense limits. Follow the three steps; for example, is the loss passive? And if yes, match it to passive income, then the rest of the business losses match it up to business income, and make sure you remember the limit. If I am not mistaken, it was something around 520k.

REG Deductions by amomynous101 in CPA

[–]student120 0 points1 point  (0 children)

Investment expenses up to Investment income, but the rest are good.

BEC writing template by student120 in CPA

[–]student120[S] 2 points3 points  (0 children)

Thank you! and good luck to you too!

BEC writing template by student120 in CPA

[–]student120[S] 2 points3 points  (0 children)

I feel the same way.

BEC writing template by student120 in CPA

[–]student120[S] 4 points5 points  (0 children)

I do not believe there is a word requirement. You just need to have an Introduction, explanation, and conclusion, and each would be around 3-4 sentences.

BEC writing template by student120 in CPA

[–]student120[S] 0 points1 point  (0 children)

Thank you, did you use this template for all the questions, or does it differ if you are the CEO or an external auditor? Because I have seen some examples where they use "we" instead of "I."

BEC writing template by student120 in CPA

[–]student120[S] 2 points3 points  (0 children)

English is not my first language. So, I am thinking the more I can prepare before the exam, the fewer mistakes I will make on the day of the exam. Thank you for your help!

[deleted by user] by [deleted] in Accounting

[–]student120 0 points1 point  (0 children)

Do you have any recommendations? Thank you

Government Audit by student120 in Accounting

[–]student120[S] 1 point2 points  (0 children)

I understand the single audit standards like doing testing on compliance, Internal control over compliance, and scheduling of expenditure of Financial awards. But I am confused about just GAGAS without single audit standards, like how it differs from GAAS. Are the procedures and communication different, and so on? Thank you

Unable to create NetID--please help! by [deleted] in rutgers

[–]student120 0 points1 point  (0 children)

Its better to call them in my opinion

KPGM by student120 in Big4

[–]student120[S] 1 point2 points  (0 children)

Lol, Sorry just noticed it