Ethical and Legal Obligations in Accounting / ID: 308445

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ID number:308445

Author: Anonymous author (3)

Evaluation:

Published: 20.07.2006.

Language: English

Level: Secondary school

Literature: n/a

References: Not used

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Extract

There are several regulatory organizations in accounting. These organizations include the Financial Accounting Standards Board, the Securities and Exchange Commission, and the Public Company Accounting Oversight Board.
The Financial Accounting Standards Board (FASB) is a designated organization in the private sector for establishing standards of financial reporting (FASB, 2005). Standards are important for credible and comparable financial information. The FASB is independent of all business and professional organizations. …

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Ethical and Legal Obligations in Accounting
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Essays

Business and Law

Accounting

Ethical and Legal Obligations in Accounting