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ACC/497 ACC497 ACC 497 Week 4 Complete

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ACC 497 Week 4 Complete DQ1.What are the risks and liability factors in an audit? What are the implications to the auditor? What are the implications to the organization? How can the auditor mitigate these risks and liability factors? DQ2.What is the Sarbanes-Oxley Act? How does act affect the audits for the accounting firm and for the organization? Has the Sarbanes-Oxley Act improved the quality of the audit? Explain your response. Individual Assignment – Assignments From the Readings Resources: Ch. 1 of Prentice Hall’s Federal Taxation 2011: Individuals Respond to the following problems by conducting tax research and including tax-planning advice: • I:1-48 Tax Strategy Problem • I:1-49 Case Study Problem Learning Team Assignment – Assignments From the Readings Resources: Ch. 15 of Prentice Hall’s Federal Taxation 2011: Individuals Conduct tax research and formulate tax-planning advice in your response to the following problems: • I:15-61 Tax Strategy Problem • I:15-62 Case Study Problem

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