Accounting Regulation Bodies

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Issue:

History

 

Written by:

George R

 

Date added:

July 14, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 670

 

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2266 times

 

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Essay content:

The most important goal of these regulatory bodies is to establish a set of rules and regulations and help improve the financial accounting standards of organizations. A few of such bodies are and the International Accounting Standards Board, the Securities and Exchange Commission, the Government Accounting Standards Board, Securities and Exchange Commission, and the Financial Accounting Standards Board...
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The International Accounting Standards Board (IASB) is “an independent, privately-funded accounting standard-setter based in London, UK” (International Accounting Standards Board, n.d.). The IASB’s board members come from nine countries. The IASB is consistently working towards building a set of accounting standards in hopes that one day it will be used around the world (International Accounting Standards Board, n...
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