The journal of accountancy is written created but which organization? a. FASB

The journal of accountancy is written created but which organization?

a. FASB

b. IASB

c. AICPA

d. SEC

Expert Solution

Right answer is C. Journal of Accountancy is created by American Institute of CPA.

Published continuously since 1905, the Journal of Accountancy is the flagship publication of the American Institute of CPA. Its a monthly publication of the American Institute of Certified Public Accountants focusing on the latest news and developments related to the field of accounting, and written for CPAs and other accounting professionals.

A. The Financial Accounting Standards Board (FASB) is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest

B. The International Accounting Standards Board (IASB) is an independent, private-sector body that develops and approves International Financial Reporting Standards (IFRSs).

D. Securities and Exchange Commission (SEC) an US Government agency with the purpose of protecting investors from dangerous or illegal financial practices or fraud, by requiring full and accurate financial disclosure by companies offering stocks, bonds, mutual funds, and other securities to the public.

ekkarill92 answered 10 months ago

As stated in the Executive Summary of the Journal of Accountancy article, three of the most...

As stated in the Executive Summary of the Journal of Accountancy article, three of the most common complaints made against small to midsize CPA firms involve failure to return client records on a timely basis, failure to exercise due professional care and conflicts of interest. Select one of these issues and discuss why you feel it is the most important.

Which organization creates international accouting standards? FASB IFRS IASB SEC

Please read and share your thoughts on this recent brief article from the Journal of Accountancy...

Please read and share your thoughts on this recent brief article from the Journal of Accountancy on accountant skills needed for success in a tech-enabled future. Do you agree? Can you think of other skills that future accountants will need? JOFA Article: (https://www.journalofaccountancy.com/issues/2018/jun/technology-skills-for-accountants.html) "Many experts expect accountants' work and duties to change fundamentally in the coming years. As technology is developed to handle tasks that accountants traditionally have performed, CPAs' attention is likely to shift toward advisory roles, investigating exceptions...

700- 1000 Words “Cybersecurity: A new engagement opportunity” October 2017 issue - Journal of Accountancy ...

700- 1000 Words “Cybersecurity: A new engagement opportunity” October 2017 issue - Journal of Accountancy And “How to deliver a powerful financial presentation October 2017 - Journal of Accountancy

Must be written in JAVA Code Modify the program you created in previous project to accomplish...

Must be written in JAVA Code Modify the program you created in previous project to accomplish the following: Support the storing of additional user information: street address (string), city( string), state (string), and 10-digit phone number (long integer, contains area code and does not include special characters such as '(', ')', or '-' Store the data in an ArrayList object Program to Modify import java.util.ArrayList; import java.util.Scanner; public class Address { String firstname; String lastname; int zipcode; Address(String firstname,String...

Why is this adjusting journal entry prepared? What is the scenario that created this adjusting entry...

Why is this adjusting journal entry prepared? What is the scenario that created this adjusting entry and why is there an adjustment needed? 1) Record depreciation expense 2) Adjust for supplies usage 3) Adjust prepaid insurance 4) Accrue wages earned but not yet paid 5) Unearned revenue 6) Interest payable

Journalize the closing entries. Then post the journal to the general ledger you created in part...

Journalize the closing entries. Then post the journal to the general ledger you created in part 1. Indicate closed accounts by inserting a line in both the balance columns opposite the closing entry. Insert the new balance in the retained earnings account. Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2018, are as follows: Assume all accounts have normal balances. 110 Cash $ 83,600...

Introducing Students to the FASB Codification System 163 The Accounting Educators’ Journal, 2011 Case 3 Sublease...

Introducing Students to the FASB Codification System 163 The Accounting Educators’ Journal, 2011 Case 3 Sublease You are an audit partner in Slick & Co. CPAs. Mann Co. has been an audit client for ten years. Mann Company is owned by Lisa Mann who is a very astute businesswoman but she is not at all knowledgeable about GAAP. In fact over the years she has complained about the “stupid GAAP rules”. Lisa has built Mann into a $100 million in...

What is the World Trade Organization (WTO? When was the WTO created and how is it...

What is the World Trade Organization (WTO? When was the WTO created and how is it related to the GATT? Roughly how many countries are members of the WTO and what are the broad issues related to agriculture that are being debated in WTO negotiations? Why does the world need organizations such as the World Trade Organization (WTO)? In other words, what is the role of the World Trade Organization?

Consider FASB standards for reporting revenues from government grants received by a not-for-profit organization. Answer the...

Consider FASB standards for reporting revenues from government grants received by a not-for-profit organization. Answer the following questions: a. What features of government grants indicate they are conditional contributions? b/ When should revenue be recognized under a cost-reimbursement grant?

Question