In: Accounting
The journal of accountancy is written created but which organization?
a. FASB
b. IASB
c. AICPA
d. SEC
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.