2) Parkin Corporation created Sunlight Corporation with a transfer of $800 cash. During Sunlight Corp.'s first year of operations, it generated a net loss of $150 and

When interviewing an-site, it is valuable to [Multi-select] Make your questioning open-ended, to allow for nuance and exploration ofknowledge C Ask pointed clear questions that have a defined yes/no answers Sample across a spectrum of employees on-site CTarget only senior people, who will have authority and management oversight

The result of an extcrnal audit of an environmental management system it is rarcly a"fail" because O Audit criteria aregenerally very easy in the realm af environmental management O Evidence of non-conformance is difficult to obtain Auditors will not complete an audit where the overall result will be negative Minor non-conformances are common

Assume you are on an audit. What sort of evidence would be best to answer thisquestion: Is there an evacuation procedure? O Documentation C Observation O Interview

3. If an auditor identifies an internal control weakness for an assertion, how does it affect the audit strategy? If the auditor identifies an internal control strength for an assertion, how does it affect the audit strategy?

"Private standards" are [Multi-select] Developed by civil society organizations ) Aligned with World Trade Organisation expectations Based on international consensus processes Developed by industry associations

3) There are different approaches or theories that might serve as a basis for preparing consolidated financial statements. Explain these approaches by giving at least two points of each.

YOU MUST COMPLETE THIS ENTIRE CASE (ALL PARTS) AND CASE #2 (BOTH PARTS) IN ORDER TO RECEIVE CREDIT FOR THIS COURSE. NO POINTS WILL BE AWARDED FOR A LATE SUBMISION. REQUIRED TO SUBMIT (18 points): Schedule A Form 8863 (both pages) • Form 8995 Schedule 3 • Form 1040 (both pages) • Note: Forms are provided in the Blackboard folder where you found these instructions. If draft/final form 8995 is not available for 2023, you MUST use the 2022 form, no other year.

2) Parkin Corporation created Sunlight Corporation with a transfer of $800 cash. During Sunlight Corp.'s first year of operations, it generated a net loss of $150 and paid no dividends. During Sunlight Corp.'s second year of operations, it generated net income of $350 and paid dividends of $80 a) Pass Journal Entries in the Book of Parkin Corporation for two years using Equity Method. b) Prepare 'Investment in Sunlight Corporation Account' for two years and show the balance of each year in the Book of Parent Company using Equity Method.

Instructions: • Prepare the 2022 Individual Income Tax Return, including all schedules and additional forms, if any, using the IRS fillable forms listed below or manually written on the tax forms/schedules. Ignore the directions to use tax software noted in the file. However, students may use tax software if one is available. • Scan your completed tax return as a PDF file OR print it as a PDF if using tax software. No other file format is permitted. • Submit the tax return file here by clicking the submit button. You can upload individual forms or a zip file with all the tax forms and schedules. I do not accept tax returns via email. • You have unlimited submissions. However, only the last submission will be graded unless the student notifies me which upload to graded by the due date.

In planning their audit, the lead auditor has determined that it is important to reduceaudit risk. What tactics can they employ? [Multi-select] Increase number of auditors on the team Increase duration of the audit Decrease detection risk Decrease inherent risk