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Entry Modes & Canadian Firms

Thomas Shelton, CPA The development of entry modes involving the Canadian firm could consist of the following three methods 1) Manufacture the products at home and let foreign sales agents handle marketing, 2) Manufacture the products at home and set up a wholly owned subsidiary in Europe to handle marketing, and 3) Enter into an alliance with a large European pharmaceutical firm. The products...

Protectionism and U.S. Policy

Thomas Shelton, CPA PART A Arguments in favor of government intervention in international trade International trade implies several entities and also several counties or states with different legislations and procedures. While free trade is becoming the most commonly accepted way to promote exchange of goods and services, government intervention or regulation can help protect consumers, national...

The North American Free Trade Agreement

Thomas Shelton, CPA The North American Free Trade Agreement (NAFTA) started out as an agreement between the United States and Canada to remove tariffs between the two countries, taking affect January 1, 1989.  In 1991 talks between the two countries included Mexico and as a result of these talks NAFTA was born on January 1, 1984.  The contents of this agreement included the removal of most of...

Why Employees Commit Fraud

Why Employees Commit Fraud It’s either greed or need. by Joseph T. Wells, CFE, CPA It is important for CPAs to understand what motivates people to commit fraud so they can better assess risk and assist employers or clients in implementing appropriate preventive and detective measures. One element common to most occupational fraud offenders, from the CEO to the rank-and-file employee, is that...

Apply for an EIN

No need to file a Form SS-4. We ask you the questions and you give us the answers. After all validations are done you will get your EIN immediately upon completion. You can then download, save, and print your EIN confirmation notice. This EIN is your permanent number and can be used immediately for most of your business needs, including opening a bank account, applying for business licenses, and...

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