Accounting Essays

Introduction:       This paper seeks to discuss a Virtual Retirement Account Summary by attempting to answer five sets of questions as indicated below in relation to some fundamental theories on how to make and profits from investments in stocks.  Questions and Answers: What is the current worth of your account? …

In the article Michael Gaffikin discusses and compares key theories of regulation. In particular, he focuses on the following theories: public interest theories, interest group theories, economic theory of regulation, institutional theories, political-economic theories, etc. The central argument of the paper is that the subject of regulation is very important …

The Financial Statements are reports containing financial information about an organization and this includes the Profit & Loss Statement, Balance Sheet, and Cashflow Statements. The Profit & Loss Statement also variously called earnings statement, income statement, and the statement of operations, summarizes business activities for a given period and reports …

             Personal income is perceived in the United States of America as the appropriate measure of one’s ability to contribute to the federal government operation costs  in terms of tax. The personal income normally includes compensations that are paid and not necessary that the compensation should be in cash but …

Introduction             The United States federal government imposes income tax on individuals and corporates that generate income within the United States and outside the United States. This follows from the nature of the taxation system that has been adapted in the United States that stretches to reach the United States …

A partnership is an agreement in which two or more persons combine their resources in a business with a view to making a profit. In order to establish the terms of the partnership and to protect partners in the event of a disagreement or dissolution of a partnership, a partnership …

FIron River Company will need to have the following adjusting journal entries as April 30,2008: a.) Fees earned but unbilled on April 30 were $1,775. Accounts Receivable                                                …

Tax compliance has been a topic of great interest to Revenue authorities especially in the developed countries. Hostility towards tax compliance is an age old problem. “Taxes are considered a problem by everyone. Not surprising, taxation problems date back to the earliest recorded history” (Taxworld Organization, 1999). Developing countries, perhaps …

Introduction The name Fannie Mae is perhaps one of the most popular corporate names among United States households, but not entirely for the right reasons. Established in the year 1938 as a federal agency and chartered in 1968 by the Congress, Fannie Mae was charged with a threefold responsibility: to …

1                    Introduction             The “Global Economy” is already upon us. It is no longer a future to be discussed at leisure, rather, it is a reality that has been too long ignored. The taxation of e-commerce is a complicated and serious problem facing today’s governments: the need to balance government’s …