The Tax Partner was against amending the prior year’s tax return because the client in question had not consented to it. Tax practitioners are precluded from unilaterally amending previously erroneous tax returns. Client’s consent and instructions must be sought first.
There are a couple of ethical issues that arise in the case. To begin with, the fact that John was assigned the tax of preparing the tax return yet he was not the one who was given instructions directly by the client raises ethical concerns. Moreover, John’s unwarranted disclosure of information regarding the previous year’s ...
Pollution Business Plans Samples For Students
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Introduction
Social Super Market will be a business enterprise with far reaching benefits for the society. The purpose of the business to snatch away the business share from the large superstores and the hypermarkets that are taking hard earned income from the customers to fill the pockets of the shareholders. The social supermarket will focus on providing the grocery items, organic vegetables and fruits to the customers at discounted rates. The social supermarket aims to mobilize the local resources in its operations. The organic vegetables and fruits will be grown locally in Glasgow and carried to the supermarket for selling. ...
One of the changes that the corporation will go through as it implements this strategy will be on finances. The financial policies within the corporation need to be changed to make sure that all funds available are channeled towards the mammoth project.AMR cannot solely finance the green construction strategy. This means that the company will have to outsource funds from different sources. One of the sources is public. The corporation will have to make an initial public offer to attract the public to buy its shares in a bid to raise adequate capital. The proceeds or profits realized by AMR ...
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As an assistant to newly elected city council member, Sharon Gonzalez, what would one recommend regarding the proposal to put up a Super Sam’s mega store in the city of Cooper?
Analysis/Objective
The decision to vote for or against the proposal to establish a Super Sam’s mega store in the region has to take several things into consideration. A primary consideration is that the store will generate the much needed revenue for the region but it may also cause a public outcry against the proposal. The concerns of the residents of the community include those of public safety, increase in traffic ...
Question 1
It is not a prudent idea to have companies being required to take back their products for recycling and disposal. The cost of the practice may be too high to the extent of discouraging the business between the two countries entirely or have the costs transferred to the final consumer and the tax payers of the associated nations. A particular inefficiency is introduced in shipping back products, which strains the facilities that can be used for more productive activities such as the transport of high-value products.
The practice would also have a negative impact on the profits of the ...
Since the beginning of the industrial revolution, the world has found itself with more waste material from production than in any other time since time in memorial. The need to conserve the environment and ensure that these waste products do not deter the quality of resources, like air and soil has grown in the last two decades a great deal. More companies have come up with green initiatives to ensure that the waste material that is realised from consumer markets and producers are recycled. Recycling can be defined as the act of converting waste and otherwise harmful by-products to ...
Globalization is a very misunderstood concept of progress and industrialization with two opposing sides pointing out its advantages and disadvantages. With poorer nations experiencing the effects of globalization, a number of the lesser developed nations believe that globalization means corruption and exploitation of the poor nation's resources and work force. Although there are negative views about it, there are still sectors of society that recognize the benefits of globalization in terms of a country's economic development and its interactions and trading relationships with other nations. Because it is a debatable subject, understanding the pros and cons of globalization will help come up with ...
Operations Model and Procedures
Green corporation is a company that operates various divisions but all in line with the construction sector. In addition, the company also operates various divisions such as the green construction company and the green building stores. The corporate company is fully owned and managed by the environmental constructions products limited. The company is well recognized for is well recognized for his major specializations in the manufacturing and distribution of sustainable construction products since the year 1995. The numerous environmental concerns among individuals across the world have been the driving force for the company. The company endeavors’ and is committed to ...
Abstract
Having investigated the current status of The Chronicle Gazette and the issues that are affecting the industry currently, it is of importance to analyze the findings in a report to enable the decision-makers and the managers of the firm to make evidence-based strategies to improve and manage high performance. Some of the predicaments and challenges that consequently lead to the decline in the sales made by the firm are identifiable and this report helps in identifying these problems, proposing effective measures and devising appropriate plan effective in re-inventing the industry. This report therefore provides a detailed analysis of some of the ...
Executive summary
Four main recommendations on what Johnson and Johnson Company should do to correct the continuous horrific series of activities for years. These include improving the management of the company. This may include the hiring of more officers to be in charge of various production centres or company. This is made to decentralise the management of the company. The company should also improve of the production procedure/techniques. This should be done to ensure quality of the products. Proper procedures of introducing new products should also be followed to avoid unnecessary law suites. Upholding ethics and morals in the production and ...
