What is the purpose of accounting? What impact does the AICPA, FASB, and SEC play in accounting, particularly with regards to the financial statements?

by Osman
Words: 35
Pages: 1
Subject: Uncategorized
Topics: AICPA, APA format, Assignment help, FASB, Homework help, SEC

Discussion question

Discuss the financial reporting environment and financial statements.

What is the purpose of accounting? What impact does the AICPA, FASB, and SEC play in accounting, particularly with regards to the financial statements?