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Questions and Answers
Which organization was responsible for issuing accounting standards before the AICPA?
Which organization was responsible for issuing accounting standards before the AICPA?
- CAP (correct)
- APB
- IASC
- IFAC
What is the abbreviation for the organization that issued the US GAAP?
What is the abbreviation for the organization that issued the US GAAP?
- SFAS (correct)
- APB
- IFAC
- IASC
In which year was the IASC (International Accounting Standards Committee) established?
In which year was the IASC (International Accounting Standards Committee) established?
- 1988
- 1914
- 1934
- 1973 (correct)
Which organization is responsible for setting accounting standards in the USA?
Which organization is responsible for setting accounting standards in the USA?
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Which organization has professionals from the IASC?
Which organization has professionals from the IASC?
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