Identification of Key Search Criteria What are the implications of GAAP and authoritative support to the researcher? 1. To conduct efficient research, where should one start in reviewing the accounting literature in search of a solution to a problem? 2. How can the promulgation of an accounting standard impact economic behavior? Discuss a specific example. 3. Distinguish between primary authoritative support and secondary authoritative support. EXERCISES ACCT540DeVryWeek 4 OnSiteActivityPoint Gathering Data 1. Access the IASB Web site (.iasb.org/">www.iasb.org) and list three of its active projects. 2. Access the SEC Web site (.sec.gov/">www.sec.gov), click International Affairs, International Enforcement Assistance, and list the four types of enforcement cases. 3. Access the AICPA IFRS resource page (.ifrs.com/">www.IFRS.com). What are two featured IFRS news items? 4. Access the IOSCO Web site (.iosco.org/">www.IOSCO.org), click the About IOSCO section, and list the working committees. ACCT540DeVryWeek 5 OnSiteActivityPoint Organizing Your Research and Additional Research Tools Week Five Class Activity 1.What are the advantages of S&P’s Net Advantage? 2.When would one use Mergent Online? 3.What does the Thomson Research database cover? 4.When would one use the Factiva database 5.What insight is offered by the Business and Company Resource database? ACCT540DeVryWeek 6 OnSiteActivityPoint Tax and Auditing Research, Recommendations, and Conclusions Explain the difference between tax evasion, tax avoidance, and abusive tax avoidance. 2.Identify tax research goals. 3.Identify and explain the basic steps of the tax research process. 4.Discuss the challenges in tax research. 5.Distinguish between tax compliance and tax planning. 6.Identify the differences between a Treasury Regulation and a Revenue Ruling. 7. Explain the meaning of the term precedent for tax research. 8. What does it mean when the IRS announces a nonacquiescence? ACCT540DeVryWeek 7 OnSiteActivityPoint
Communicating Your Research 1. Explain two ways to collect evidence. 2. How are keywords used to evaluate and collect evidence?