ACC 543 MANAGERIAL ACCOUNTING & LEGAL ASPECTS OF BUSINESS

Location, Location, Location

You are an accountant at a small accounting firm. One of your clients is

looking to open a small river-rafting business. Your client will run the

business operations from a mobile home office on a piece of land on the

riverbank. Your client must decide the best location to start this business

and has asked you to explain the accounting advantages of choosing the

best location. Your client is also wondering if the business should build a

permanent structure on the land, or use the mobile home they already

own. Additionally, your client wants to know the insurance implications of

this decision. How would the insurance implications of the location decision

change the company's risks and how might your...