Class, From this weeks Lecture is a list of authoritative bodies that issue or comment on accounting, tax, and auditing.
International Accounting Standards Board
Securities and Exchange Commission
International Federation of Accountants
American Institute of Certified Public Accountants
American Accounting Association
Financial Accounting Standards Board
Accounting Principles Board
Internal Revenue Service
Emerging Issues Task Force
International Auditing and Assurance Standards Board
Government Accounting Standards Board
Do you feel that having this many authoritative bodies that issue or comment on accounting, tax, and auditing is a positive or negative? Why?