D196 Principles of Financial & Managerial Accounting UNIT 2 STUDY GUIDE
Unit 2: International Accounting Standards Board (IASB) A committee formed to develop international accounting standards. Unit 2: American Institute of Certified Public Accountants (AICPA) A professional organization for CPAs in which membership is voluntary. Professional Sanctions Unit 2: Certified public accountant (CPA) An accountant who has met specified professional requirements established by the AICPA and local and state societies. A key service provided by CPAs is the performance of independent audits of financial statements. Unit 2: Securities and Exchange Commission (SEC) The government body responsible for regulating the financial reporting practices of most publicly owned corporations in connection with the buying and selling of stocks and bonds. Legal Punishment
Written for
- Institution
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Western Governers University
- Course
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D196 WGU
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- Uploaded on
- February 24, 2024
- Number of pages
- 14
- Written in
- 2023/2024
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- Exam (elaborations)
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- Questions & answers
Subjects
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principles of financial managerial accounting
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