Ora-3D Inc. Tax and Accounting Project
Project scope
Categories
Accounting Financial services Risk, audit and complianceSkills
financial statements accounting systems income statement tax laws tax preparation balance sheet bookkeeping accountingThe goal of this project is to set up the tax and accounting systems for Ora-3D Inc. This will involve several different steps for the students, including:
- Setting up book keeping and accounting systems.
- Preparing and filing taxes.
- Researching and understanding applicable tax laws and regulations.
- Identifying areas for potential tax savings.
By the end of the project, students should demonstrate:
- Understanding of applicable tax laws and regulations.
- Setting up book keeping and accounting systems.
- Preparing and filing taxes.
- Identifying areas for potential tax savings.
Final deliverables should include:
- Financial Statements (Balance sheet, Income statement, Cash Flow etc).
- A written report explaining the design process and outcomes.
- Quickbooks Subcription Software
- Learning Resource Links
- Access to Slack, Onedrive and Past Documents
- Multiple Weekly Touchpoints and Guidance
If it makes sense, then other resources can be seeked.
About the company
Ora-3D Health Inc. is creating assistive dental care devices for adults with special needs. We’ve developed our first autonomous brushing solution that functions with a simple bite and glide motion. Its unique structure encapsulates the teeth accessing six times more surface area and simulates dentist recommended brushing technique – allowing a deeper and more effective clean with minimal manual dexterity. Our product is designed to support adults with special needs ranging from arthritis, multiple sclerosis and those with limited mobility. Especially in nursing homes, where frontline workers are strained by labor from resistance to oral care, Ora-3D's assistive brushing induces autonomy, saves time and improves quality of life for both the frontline staff and the residents.