This class was created by Brainscape user jasz Shabazz. Visit their profile to learn more about the creator.
By:
jasz Shabazz
- decks
- flashcards
- learners
Decks in this class (31)
Licensing and Disciplinary systems
Authority role of the state board...,
Attest related functions,
Nonattest services
18
cards
Test Bank
At a confidential meeting an audi...,
A cpa partnership may without bei...,
With respect to any given tax ret...
33
cards
Regulations governing practice before the IRS
Circular 230,
Circular 230 subpart a,
Who may practice before the irs
22
cards
Internal Revenue Code and Regulations Related to Tax Return Preparers
Requirements for tax preparer,
Substantial portion,
Non trp
13
cards
Privileged Communications, Confidentiality, and Privacy Acts
Testimonial privileges,
Work product privilege,
Tax practitioners privilege
12
cards
Common ;aw duties and liabilities to clients and third parties
Elements of a breach of contract ...,
Examples of breach of contract,
Burden of proof
11
cards
Sources of tax authority and research
0
cards
Taxpayer penalties
Corporation underpayment,
Late filing or fail to file penalty,
Late payment tax penalty
7
cards
Issues with title of passage and risk of loss
Identification prerequisite to pa...,
Fungible goods,
Future goods
16
cards
contracts- discharge of performance
Release,
Waiver,
Mutual rescission
15
cards
writing and records - the statute of frauds
Types of contracts that must be i...,
Guarantor,
Contracts involving an interest i...
7
cards
Types of Agency Relationships & Creation
Principal,
Agent,
Special agent
10
cards
Tort liability of agents and principals
Agent s liability,
Agent is a servant,
Additional factors in determining...
5
cards
Contract liability of Agents and principals
Disclosed principal with actual a...,
Disclosed principal with apparent...,
Apparent authority even if the ag...
7
cards
Duties of agents and principals
To reimburse reasonable expenses ...,
Fiduciary duty,
Duty of loyalty as a fiduciary an...
10
cards
Prebankruptcy Options, and Introduction to and Declaration of Bankruptcy
Under article 9 the creditor may,
Bailee s lien,
Artisan s lien
19
cards
Rights and duties
Absent agreement to the contrary ...,
Partnership property belongs to t...,
Creditors or individual partners
9
cards
Operations - Non financial factors
General partnerships,
General partnerships need unanimi...,
A key legal issue is whether a pa...
4
cards
Authority of Managers and Owners
A partner binds both the partners...,
Tort liability
2
cards
Selection of a business entity
0
cards
Business law and ethics
Debtor s bankruptcy estate,
A surety s liability can be reduced,
Filing of an involuntary petition...
8
cards
Other Nonrecognition transactions
Disallowed losses,
Disallowed losses between relatives
2
cards
Section 1231
Section 1231,
Section 1245 recapture depreciabl...,
Section 1250 recapture applies to...
7
cards
Section 1231 - Cost recovery
Recovery for personalty vs realty,
Class lives for personalty,
200 declining balance method
10
cards
Distributions from a corporation
Additions to taxable income exemp...,
Nondeductible expenditures reduce...,
Modifications to taxable income t...
15
cards
penalty taxes
Accumulated earnings tax,
Consent dividends,
Accumulated earnings tax credit
7
cards
Taxation of related corporations
Affiliated groups,
Eligible to consolidate tax return,
Controlled group
6
cards
Special corporate deductions
Organizational start up and syndi...,
Examples of organizational expend...,
Syndication expenses
7
cards
unknown
Indemnity contract,
Suretyship contract,
Surety
17
cards
Taxation of foreign income
Earned income,
Unearned income,
Income from the sale of personalt...
12
cards
Taxation of employee benefits
Premiums paid by taxpayer,
Premiums paid by taxpayer s employer,
Benefits received by the taxpayer...
21
cards
More about
CPA Exam - Reg
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study jasz Shabazz's CPA Exam - Reg flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
CPA exam - REG
- 19 decks
- 400 flashcards
- 1 learners
Decks:
Corporate Taxation, Estate Trust Taxation, Individual Taxation, And more!
CPA REG
- 22 decks
- 438 flashcards
- 12 learners
Decks:
Reg 1 Individual Taxation, Reg 2 Corporate Tax, Reg 3 S Corporations, And more!
