Standard Setting Bodies: FASB SEC IASB GAAP ch 1 p 2

Описание к видео Standard Setting Bodies: FASB SEC IASB GAAP ch 1 p 2

In this session, I will discuss standard setting bodies. The standard setting bodies are private sector organizations, consisting of experienced accountants, auditors, and academicians, who are responsible for setting the financial reporting standards. Examples of standard setting bodies are the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB).


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