Emphasizes relevant costs, cost accumulation and allocation, segment performance measuremant and control, and quantative techniques. The federal tax system as it applies to corporations, partnerships, and estates and trusts. Emphasis on understanding tax planning for business owners and refining the ability to research tax issues. Assertions of enterprises gain credibility when examined by independent third party. Assurance and attestation provide credibility.
Coverage includes ethics, risk, materiality, internal control, evidence and reporting.