Two primary sources of law govern contracts; the common law and the Uniform Commercial Code. The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States.
Two primary sources of law govern contracts; the common law and the Uniform Commercial Code. The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States.
Considering that approximately 1.6 million nonprofits are registered in the US, and that the nonprofits contribute more than one trillion dollars to the US economy, besides independent auditing, the importance of agencies known as watchdogs is also emerging.
Brandon Mitchell
An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the U.S. Internal Revenue Service (IRS). The IRS issues ITINs to individuals who are not eligible to obtain a Social Security number (SSN) including unauthorized immigrants as well as lawfully present individuals.
The auditor should plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement due to error or fraud, in order to provide an appropriate basis for expressing an opinion on the financial statements.
The Association of Certified Fraud Examiners (ACFE) created the Report to the Nations, which is a global study of occupational fraud and abuse. This report captures data on real fraud cases and explores the true cost, tactics, victims, and perpetrators of fraud schemes.