acc 497 wk3 questions

ACC 497 - Advanced Topics in Accounting Research

Week Three - Discussion Questions

DQ-1

The Treasury Department issues two types of regulations "interpretative" and "legislative".   Compare and contrast "interpretative" and "legislative" regulations and briefly discuss why the courts are less likely to invalidate a legislative regulation.

Please post your response to this DQ by Day 3 of Week 3.

ACC 497 - Advanced Topics in Accounting Research

Week Three - Discussion Questions

DQ- 2

The U.S. Tax Court issues both regular and memorandum decisions.  Assume that you are a Tax Practitioner and one of your client's poses the following query:  "If we take my case to the U.S. Tax Court I have heard that they could render either a "regular" or a "memorandum" decision - what is the difference between the two and are there any similarities?"  Discuss "regular" and "memorandum" U.S. Tax Court decisions as a response to your client's query.

Please post your response to this DQ by Day 5 of Week 3.