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scenario

scenario

You have a summary of 3 scenarios about UAE from 2007 t0 2025 introduced by World Economic Forum. I want you to look at the different elements / factors they take into account.
Your assignment is to : draft your own “scenario” in a document of no more than 5 pages (and give it a name- be creative).
You will of course certainly use some elements of the three given scenarios. See what seems the most believable and the most desirable.
I’m in favor of Oasis and fertile scenarios, so I would like you to write similar one but not create a copy cat of it (like mention how the country is trying to be stable in a region where is terrorism is spreading, and oil prices are not serving the country stability and running out, but they still look to solution to overcome threats and maintain stability with least damages)
It must include the following points: 1) Analysis of current situation and current trends (look at all the variables such as: State revenue, growth rate, demographics, spending rate, etc.) 2) Identify potential threats for the sustainability of the current model. 3) Draft a recommendation for policy makers Please make this scenario precise 5 pages only.
In detail:
I want you to draw a time line where there is trends and threats affecting the country in each stage and the country try to overcome (by policies, strategies, statements, proposals) those threats, and negative trends and benefits from the positive side of those trend for the progress of the country.
The essay should be structured as the following:
– The scenario is divided to 3 phases from 2007 to 2025 (depend on the trends and threats the country is facing each phase). Ex, from 2007 to 2013 – 2014 to 2020 -2021 to 2025.
– Writing trends and threats in words before each phase to give hint about (the challenges the country is facing in this phase)

Example of trends and threats I want you to talk about:
2008 – economic crisis (Great Recession)
2011 – Arab Spring (Spread of terrorism in Middle East- Yemen war)
UAE Government Strategy 2011-2013
2015 – Nuclear deal
2015 & 2016 – low oil prices – how it’s affecting the country internally and externally (means you will talk about OPEC, Gov. subsidies, introducing VAT (how would this affect the people, and could country manage- 5% VAT in the UAE will be implemented as of January 1, 2018 and all GCC countries), Oil dependence, and diversifying revenues recourses)
2016- changes to the government of the United Arab Emirates – Ministry of Happiness, Tolerance, and the Future, and a 22-year-old Minister of Youth. (Mohammad Bin Rashid Al Maktoum syas: The changes reflect what we have learned from events in our region over the past five years. In particular, we have learned that failure to respond effectively to the aspirations of young people, who represent more than half of the population in Arab countries, is like swimming against the tide.)
E-Government in UAE (initiative of the UAE Government Strategy 2011-2013)
Expo 2020
UAE Vision 2021
Economic vision 2030

Make sure you do not write general statement which are un realistic like the country is not deepened of oil or Very positive. Keep it real and desirable. And don’t forget to draft recommendations of policy makers in the end of the paper.

 

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Scenario

Scenario
You are a practicing CPA at Gibbons, Johnson & Tannun, LLP. You recently received a new medium-sized client, ABI, Inc., a construction company that works custom projects. Since the tornado went through your town, ABI, Inc. has had more projects than they can handle. ABI’s gross revenues for 2010 were $12 million dollars, up from $150,000 in 2009. Alex Lee, owner of ABI, Inc., expects the revenues to grow by 30% for the next three years as cleanup of the devastating tornado will take that long. Vanessa Monfort, the company’s bookkeeper, prepared the 2009 tax returns for the corporation using an online tax program and feels she can prepare them again this year, but Alex Lee feels that he needs a CPA firm to prepare their taxes this year.
Role
When the subject of Alternative Minimum Tax is brought up in your meeting, Alex Lee, the owner of ABI, is appalled that he will have to pay more taxes than he already has to pay. Vanessa Monfort, the company’s bookkeeper, thinks that the corporation is subject to the AMT. Your job is to explain what the AMT is and why he might have to pay it.
Deliverable
Given the scenario, your role and the information provided by the key players involved, it is time for you to make a decision.<br><br>If you are finished reviewing this scenario, close this window and return to this week’s You Decide item, in your course window, to complete the activity for this scenario.<br><br>You can return and review this scenario again at any time.
Write a three- to four-page (12-point, double-spaced) memo to Alex Lee, explaining the following in terms that he will understand.
• Explain the purpose behind the AMT.
• Describe how and when the AMT is applicable.
Discuss what can be done to minimize the impact of the AMT.

Responses are currently closed, but you can trackback from your own site.

Comments are closed.

Scenario

Scenario
You are a practicing CPA at Gibbons, Johnson & Tannun, LLP. You recently received a new medium-sized client, ABI, Inc., a construction company that works custom projects. Since the tornado went through your town, ABI, Inc. has had more projects than they can handle. ABI’s gross revenues for 2010 were $12 million dollars, up from $150,000 in 2009. Alex Lee, owner of ABI, Inc., expects the revenues to grow by 30% for the next three years as cleanup of the devastating tornado will take that long. Vanessa Monfort, the company’s bookkeeper, prepared the 2009 tax returns for the corporation using an online tax program and feels she can prepare them again this year, but Alex Lee feels that he needs a CPA firm to prepare their taxes this year.
Role
When the subject of Alternative Minimum Tax is brought up in your meeting, Alex Lee, the owner of ABI, is appalled that he will have to pay more taxes than he already has to pay. Vanessa Monfort, the company’s bookkeeper, thinks that the corporation is subject to the AMT. Your job is to explain what the AMT is and why he might have to pay it.
Deliverable
Given the scenario, your role and the information provided by the key players involved, it is time for you to make a decision.<br><br>If you are finished reviewing this scenario, close this window and return to this week’s You Decide item, in your course window, to complete the activity for this scenario.<br><br>You can return and review this scenario again at any time.
Write a three- to four-page (12-point, double-spaced) memo to Alex Lee, explaining the following in terms that he will understand.
• Explain the purpose behind the AMT.
• Describe how and when the AMT is applicable.
Discuss what can be done to minimize the impact of the AMT.

Responses are currently closed, but you can trackback from your own site.

Comments are closed.

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