Transcription of Accounting and Auditing Regulatory Structure: U.S. and ...
{{id}} {{{paragraph}}}
Accounting and Auditing Regulatory structure : and international Raj Gnanarajah Analyst in Financial Economics July 19, 2017 Congressional Research Service 7-5700 R44894 Accounting and Auditing Regulatory structure : and international Congressional Research Service Summary Accounting and Auditing standards in the United States are promulgated and regulated by various federal, state, and self- Regulatory organizations (SROs). Accounting and Auditing standards are also influenced by practitioners from businesses, nonprofits, and government entities. Congress has allowed financial Accounting and Auditing practitioners to remain largely self-regulated while retaining oversight responsibility. At certain times, Congress has sought to achieve specific Accounting - and Auditing -based policy objectives by enacting legislation such as the Sarbanes-Oxley Act of 2002 (SOX; 107-204) and the Federal Credit Reform Act of 1990 (FCRA; 101-508).
Accounting and Auditing Regulatory Structure: U.S. and International Congressional Research Service 1 Introduction Accounting is commonly considered the language of finance. A common set of principles and rules help establish accounting standards. …
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}