Though most people think accountants spend their days in cubicles, this is where you can really find auditors (a majority of the time).
Where is the client site?
100
An important part of the financial statements that we audit, this statement reconciles cash at the beginning of the year to cash at the end of the year.
What is the Statement of Cash Flows?
100
How does the IRS always initiate any contact with a taxpayer?
What is a letter in the mail?
100
What must be done to GAAP financial statements in order to get financial statements on the tax basis?
What is a Book to Tax Reconciliation?
100
This is a nonprofit corporation established by Congress to protect investors and the public interest by promoting informative, accurate, and independent audit reports and to oversee the audits of public companies and broker-dealers.
Who is the PCAOB?
200
In order to be promoted to manager, you must first gain this important certification.
What is a CPA License?
200
During our audits, we ensure that financial statements are prepared following these rules, which have a commonly used 4-letter acronym.
What is GAAP?
200
In the tax department, in order to be promoted to manager, you must first hold one of these two designations.
What is a CPA License or a license to practice law?
200
The IRS is a bureau of what US Government Department?
What is the Department of the Treasury?
200
This is the tax portion of the audit that calculates the deferred tax assets/liabilities, current and deferred tax expense, and is used to create the tax footnote.
What is the tax provision
300
During time as a staff at Moss Adams, you can expect to travel here for training, where our firm is headquartered.
Where is Seattle?
300
These are the people that care about the results of an audit, such as lenders, investors, analysts and regulatory agencies.
What are the users of the financial statements?
300
How many days can you expect to spend at firm wide training?
What is four full days?
300
What tax form number is used for a corporation, s-corporation, and partnership?
What is form 1120, 1120S, and 1065?
300
This is the due date for all individual tax returns (Form 1040).
What is April 15
400
As the level in between Staff and Manager, this position involves supervising coworkers and tackling high-risk areas of the audit.
What is a Senior?
400
This is the term for the product of an audit, when we state that we have reasonable assurance that the financial statements are free of material misstatements.
What is an unmodified opinion?
400
How many hours of work experience are required to get a CPA license in Arizona?
What is at least two thousand hours?
400
The most authoritative source of tax law in the US is called what?
What is the Internal Revenue Code?
400
True or False. Tax accountants are required to audit all client documents in addition to preparing the client's tax returns in order to make sure a complete and accurate tax return is filed.
What is False
500
During an audit, it is required that this professional standard is met both in fact, and in appearance.
What is independence.
500
Though the numbers are important, auditors also care about these essential processes put in place by management to deter fraud. Examples of these processes include segregation of duties and preparing reconciliations.
What are internal controls?
500
Name all five tests that must be passed in order to become a CPA in Arizona.
What is REG, FAR, AUD, BEC, and the AICPA ethics test?
500
All paid tax preparers must get this identification number from the IRS.
What is a Preparer Tax Identification Number?
500
A meeting held typically with members from the board, executive management of a client, and an audit committee to report on required communications.