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Prepare a report (3-5 pages) that analyzes aspects of a potential partnership arrangement.
In this assessment, you will investigate aspects of partnership formation, operation, and termination, as well as certain elements of the Securities and Exchange Commission’s reporting requirements pertaining to corporations.
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:
A client of yours is considering going into a partnership with a business associate. The partnership would own a retail gourmet ice cream shop. Your client anticipates investing $150,000 and working ten hours a week. His business associate will invest $50,000 and work forty hours a week. Your client has requested your informed perspective on a number of items before he commits to the business partnership.
You are a self-employed accountant.
Your client has requested the following be included in a report (3-5 pages) that he can study while considering how to approach this business opportunity:
Since you plan to deliver this report to a paying client, you want this document to be clear, well-organized, and readable. You decide that the report should be 4–6 pages so that you have enough space to respond to your client’s concerns and provide some scholarly and/or professional context.
Faculty will use the scoring guide to review your deliverable as if she or he were your client. Review the scoring guide prior to developing and submitting your assessment.
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