There are four different organizations involved in the accounting and auditing process for each company or organization. They are the AICPA, FASB,…

There are four different organizations involved in the accounting and auditing process for each company or organization. They are the AICPA, FASB, GASB and SEC. Discuss what each organization is responsible for and its function in the business or governmental environment. The various organisations involved in the accounting and auditing process foreach company, being the AICPA, FASB, GASB and SEC, play a different roleand perform various functionsin the business…

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