Solution manual for financial statement analysis 1
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QUESTIONS 
1- 1. a. The AICPA is an organization of CPAs that prior to 1973 accepted the 
primary responsibility for the development of generally accepted 
accounting principles. Their role was substantially reduced in 1973 when 
the Financial Accounting Standards Board was established. Their role 
was further reduced with the establishment of the Public Company 
Accounting Oversight Board was established in 2002. 
b. The Financial Accounting Standards Board replaced the Accounting 
Principles B...
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QUESTIONS 
1- 1. a. The AICPA is an organization of CPAs that prior to 1973 accepted the 
primary responsibility for the development of generally accepted 
accounting principles. Their role was substantially reduced in 1973 when 
the Financial Accounting Standards Board was established. Their role 
was further reduced with the establishment of the Public Company 
Accounting Oversight Board was established in 2002. 
b. The Financial Accounting Standards Board replaced the Accounting 
Principles B...
Solution manual forSolution manual for financial statement analysis 13th edition by charles h gibsony charles h gibson
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Financial Statement Analysis • Martin S. Fridson, Fernando Alvarez• ISBN 9781118064207
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Solution manual forSolution manual for financial statement analysis 13th edition by charles h gibsony charles h gibson