CENGAGENOWV2 FOR HEINTZ/PARRY'S COLLEGE
22nd Edition
ISBN: 9781305669840
Author: Parry
Publisher: IACCENGAGE
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Question
Chapter 1, Problem 6RQ
To determine
State the name of the organization that issues accounting standards followed by many firms in countries outside the United States.
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What should you tell your friend about the presence of accounting standards in the UnitedStates and the rest of the world? Who has the authority for standard setting? Who has theresponsibility?
What are the two primary organizations in the U.S. that are responsible for setting standards relatedto the preparation of accounting information?
Which of the following organizations is responsible for the creation and governance of accounting standards in the United States?
O A. Securities and Exchange Commission
B. Financial Accounting Standards Board
C. Institute of Management Accountants
D. American Institute of Certified Public Accountants
Chapter 1 Solutions
CENGAGENOWV2 FOR HEINTZ/PARRY'S COLLEGE
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