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Accounting Regulation Bodies

Jeisel Burgos
Accounting Regulatory Bodies
University of Phoenix (Online)
ACC/300 – Principles of Accounting
Instructor – Celeste Garrett
October 27, 2008

In Accounting there are several bodies that regulate company finances. Accounting is one of the most important parts of an organization because it helps a business make important decisions. The most important goal of these regulatory bodies is to establish a set of rules and regulations and help improve the financial accounting standards of organizations. A few of such bodies are and the International Accounting Standards Board, the Securities and Exchange Commission, the Government Accounting Standards Board, Securities and Exchange Commission, and the Financial Accounting Standards Board.
The goal of the IASB is to stay committed to expanding, in the public interest, a set of good quality accounting standards. The International Accounting Standards Board (IASB) is β€œan independent, privately-funded accounting......


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Approximate Word Count: 669
Approximate Pages: 3 (250 words per double-spaced page)

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