Write 250 words for each question:
- Looking at the IRS source, what is the difference between a Treasury Regulation and a Revenue Ruling? What is Treasury Regulation § 1.0-1 Internal Revenue Code of 1954 and regulations?
- What about the AICPA’s auditing standards? Check out this site: http://www.aicpa.org/Research/Standards/AuditAttest/DownloadableDocuments/AU-00150.pdf