What necessitated the Aadhaar Paperless Offline e-kyc? What are the steps involved in conducting it?

Q: Describe the purpose of the AICPA. What is the AICPA’s primary function?

A: The American Institute of CPA (AICPA) is a non-profit organization of Certified Public Accountants…

Q: uisitions? Identify t cors and discuss em

A: Introduction : The core source of value destruction in an acquisition is due to entranced managers.

Q: What functions does the FASB perform?

A: FASB :                          FASB is defined as "The Financial Accounting Standards Board" is a…

Q: What is the IPSASB and reason(s) it was established?

A: IPSASB : INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS BOARD (IPSASB). It plays a significant…

Q: Is a flowchart an effective documentation technique for identifying who or what performs a par-…

A: Flowchart:   A flowchart is a representation of the procedures related to transactions in the…

Q: What is the fundamental concept behind the rule of least access? Explain why this is a potential…

A:

Q: The document which sets out basic rules for how a compay is to run?

A: Every company operating as a limited liabilities corporation, partnership firm, or public company…

Q: List the primary users of the FRS, and discuss their information needs.

A:

Q: When is independence impaired under PCAOB standards?

A: Independence would be considered to be impaired if a covered member accepts more than a token gift…

Q: How to create journalizing transaction with this kind of problem?

A: Journal entries recording is the initial step in accounting cycle process. Under this, atleast one…

Q: Explain why there is a trade-off between information accuracy and information timeliness. Give an…

A: Report: The formal document used for providing information to the managers is called a report. The…

Q: What is the main objective of IASB?

A: IASB: International Accounting Standards Board is abbreviated as IASB.  IASB is the organization…

Q: nt for internationa

A: Corporate control and valuation is defined as the strategy developed at corporate level for…

Q: What is the purpose of the blind copy of a PO?

A: The blind copy of a Purchase order(PO) provides no details regarding the amount or pricing of the…

Q: Explain the purpose of IFRS for SMEs and how it differs from full IFRS.

A: IFRS or International Financial Reporting Standards are the guidelines of accounting given by the…

Q: iscuss the importance of the role of data administrator. In the flat-fie environment, why is such a…

A: Database Management: Database management refers to management of databases held within an…

Q: ning Please answer questions c) What are the scopes of the IPSASs?  d)What are the similarities…

A: What are the scopes of the IPSASs? IPSASs set out recognition, measurement, presentation and…

Q: a) What is the IPSASB and reason(s) it was established?  b)What are the objectives of the IPSASB?…

A: Answer to the Part (a) The IPSASB stands for the International Public Sector Accounting Standards…

Q: What is meant by Authorized and issued captial?

A: Meaning of Authorised capital  stock:Authorised stock refers to the maxinum number of preferred…

Q: Which of the following is NOT part of the systems implementation process? a. converting databases b.…

A: Select the correct option from the above.

Q: What is meant by (a) vouching, (b) tracing, and (c) scanning? What is the difference betweenvouching…

A: Vouching: Vouching is a method by which an auditor traces the transactions to its origin. The…

Q: IPSASB

A: What is IPSAB REASON IT WAS ESTABLISHED WHAT OBJECTIVE OF THE IPSASB WHY THE IPSASB DEVELOPED THE…

Q: What are the advantages and disadvantages of accessing online primary sources?

A: Primary sources are the proof of history, original records or objects created by participants or…

Q: What are fundamental tasks of data base managment ?

A: “Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: Why is it necessary to continue to maintain and improve an existing Web site?

A: Regularly updating and maintaining website is crucial to ensuring that site is running at full…

Q: What is the purpose of a digital audit trail?

A: Digital audit trail means that path which is used to trace the actual transactions from the relevant…

Q: Briefly describe the NBBO and the order protection rule. Whatregulation implemented them?

A: NBBO is a securities exchange commission regulation that requires brokers to trade at the best…

Q: Why the IPSASB developed the IPSASs?

A: SOLUTION- IPSAB = INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS BOARD WORKS TO IMPROVE PUBLIC…

Q: Are both registers and special journals necessary?

A:

Q: developed the IPSASs? d.What are the scopes of the IP

A: International Public Sector Accounting Standards (IPSAS) are a collection of accounting standards…

Q: What is a prefiling conference, and why might it be helpful to a registrant?

A: Prefilling conference: A prefilling conference is requested by a company if it faces problems or…

Q: Can a turnaround document contain information that is subsequently used as a source document? Why or…

A:

Q: briefly, what is the role of the clearinghouse, and is it important?

A: Clearance is very important to meet buyers with sellers and to make transactions possible between…

Q: What are some true statements regarding the use of a worksheet?

A: There are multiple statements regarding the use of worksheet which is true, we are indicating some…

Q: COA needs to journalize the appropriation and allotment released by DBM. * true or false?

A: The government uses a different way to report their financial statements than the private sector…

Q: What documents constitute the AP packet? Whatevidence does each document provide?

A: An organization should record a liability in its books of accounts based on the invoice amount after…

Q: Is it a turnaround document contain information that subsequently used as a source    document?…

A:

Q: Why is it often difficult to obtain competent and meaningful user involvement in the SDLC?

A: System Development Life Cycle (SDLC): System Development Life Cycle (SDLC) is a system development…

Q: What procedures are required for Review engagements?

A: Review engagement: It is a type of engagement that is only meant to provide whether the financial…

Q: What are the responsibilities of the PCAOB?

A: Introduction : The public company accounting oversight board is known as PCAOB. To monitor the…