Identify three types of reports a forensic accountant might prepare. Describe each.
Answer to relevant QuestionsComment on the following statement: After completing this chapter, a student has all the necessary knowledge and skill to prepare a business valuation for a client.1. It is important for a forensic accountant to understand the client firm’s industry as well as local and national economic conditions. a. True b. False 2. A forensic accountant need not consider the factors set forth in ...Obtain IRS Revenue Ruling 59– 60 through the IRS web site. Read this Ruling and prepare a memo to your professor explaining how each of its eight valuation factors fits into the theory of business valuation as discussed in ...Identify and discuss two factors that might contribute to earnings growth.Explain when the net worth method is appropriate and how it works.
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