Describe the roles of the following organizations in establishing generally accepted accountingprinciples:a. The FASB b. The AICPA c. The SECFrom which of these organizations can you most easily obtain financial information about publiclyowned companies?

Describe the roles of the following organizations in establishing generally accepted accountingprinciples:a. The FASB b. The AICPA c. The SECFrom which of these organizations can you most easily obtain financial information about publiclyowned companies?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 5MC: The independent, nonprofit organization that sets financial accounting and reporting standards for...

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Describe the roles of the following organizations in establishing generally accepted accounting
principles:
a. The FASB b. The AICPA c. The SEC
From which of these organizations can you most easily obtain financial information about publicly
owned companies?

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