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Performing corporate accounting Manuel, who recently finished his college degree in accounting, has just started his first job at an accounting firm. He eventually wants

Performing corporate accounting

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Manuel, who recently finished his college degree in accounting, has just started his first job at an accounting firm. He eventually wants to start his own practice, however, and he hopes to get started by helping some of his friends with their accounting needs. One of his best friends from college is Rachel. She graduated at the same time as Manuel, but with a degree in graphic design. She and two of her fellow graphic design students have decided to start their own animation studio. They want to do so as a corporation. Rachel asks Manuel for assistance. 1. First, Rachel and her partners will need to come up with a name for their corporation. What advice should Manuel give her in this respect? 2. Rachel will now have to consider her stakeholders. What considerations should Manuel suggest to Rachel? 3. Manuel offers to help Rachel set up her company's corporate bylaws. What should be included in these bylaws? 1/7

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