Identify each of the following: a. Theprivate sector organization currently resp
ID: 2457838 • Letter: I
Question
Identify each of the following:
a. Theprivate sector organization currently responsible for settingfinancial accounting standards in the United States.
b. Theprivate sector organization currently responsible for setting stateand local governmental accounting standards in the UnitedStates.
c. The organization that exists to influence the developmentof international accounting standards.
d. Thefederal agency that oversees accounting at the federalgovernment.
e. The organization responsible for the enforcement offinancial accounting standards in the United States.
Explanation / Answer
please rate: Thanks!B. The Governmental AccountingStandards Board (GASB)
C. International AccountingStandards Board (IASB)
D. Federal AccountingStandards Advisory Board (FASAB)
E. U.S. Securitiesand Exchange Commission (SEC)