Assignment:
To identify and explain the roles?of the different bodies involved in the financial reporting process, their roles, resources and services provided with an emphasis on the Financial Accounting Standards Board (FASB) and IFRS. ?Explain the standard setting process employed by the FASB and identify the role the?conceptual framework serves in this process.
After reviewing each of the resources listed below you will need to submit a compressive narrative (in your own words) on each of the organizations listed below after reviewing their web sites. The narratives should identify and explain the roles?each fulfills in the financial reporting process and what resources and services they provide.
Provide more emphasis (content) on the Financial Accounting Standards Board (FASB) and IFRS as this aligns with the course goals. Your paper should be double spaced. It should be a minimum of three pages in total. Do not copy directly from other sources. Make sure the paper is phrased in your own words. We do have control features that check for copied material so please do not put your course grade at risk by plagiarizing material.
You must submit your paper in pdf form only.
Required sources:
SEC Website: SEC Website home page
FASB(GAAP) Website: FASB Website home page
IASB (IFRS) Website: IASB Website home page
AICPA Website: AICPA Website home page .