Maximizing Business Wealth - Accounting Assignment Help

Assignment Task

Audit and Assurance 

For an e commerce company of your choice demonstrate how the auditor would understand the entity and the unique environment it operates in.
Appraise the audit procedures the auditor would perform with emphasis on analytical audit procedures. Reproduce the extracts of the financial statements of this company and evaluate the key ratios which the auditor would use to understand the entity and its environment 
Taxation 

• Critically discuss the importance of taxation in an economy
• Critically analyze the tax implication in the case of lifetime gift from a person to an individual and from a person to a trust with numerical examples
• Demonstrate the various ways in which the lifetime transfers are to be taxed in the event of death with an example.
• Explain how you can plan your lifetime transfers made by a chargeable person.

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