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In 1934, Congress maked the Securities and Exchange Commission (SEC) and gave it both the power and responsibility for setting accounting and reporting standards in the United States. In 1973, the SEC designated the Financial Accounting Standards Board (FASB) as the organization responsible for setting accounting standards for public companies in the US. It changed the Committee on Accounting Procedure (CAP) and the Accounting Principles Board (APB) of the American Institute of Certified Public Accountants (AICPA). Thoroughly read the information on "What We Do." What are the two basic objectives of the 1933 Securities Act? Explain the mission of the SEC. Look at "Commissioners." How do you get appointed? Who are the chairman and the other commissioners? Describe the relationship among the SEC and the various private sector standard-setting bodies that have, over time, been delegated the responsibility for setting accounting standards. Can you think of any reasons why the SEC has delegated this responsibility rather than set standards directly?
Required: Explain the mission of the FASB. Look at "Our People." How do you get appointed? Who are the present Board members? Briefly explain their backgrounds. How are topics added to the FASB's technical agenda?
What technological innovation contributed the most to the rise, quite literally, of American cities during the 19th century? (Don't forget the "How" and the "Why")
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People say that the USA's independence from Britain (and the Declaration of Independence) was inevitable because of the King of Britain's actions. I need to say why this is, in 2 p
This area was considered to be a religious shrine to the Sioux Answer A Big Horn River B the Black Hills C the Rosebud
What are some political parties that opposed liberalism prior to the First World War?
Which of the following is not true of the checks and balances in the U.S. government? a. The president can veto bills passed by both houses of Congress. b. The Senate can refuse to
How did the focus of organized labor change between the 1870s and the 1930s. Specific labor organizations, their laders and membership, their main beliefs and demands.
For the first three centuries of its existence, Christianity was literally and figuratively an underground religion. Describe how what began as a small sect was able to evolve into
The first movement of Mozart's Symphony No. 40 in G Minor is based on a three- note motif. Explain why you think this Classical music form may be satisfying for both 18th century a
What role did the first Socialist state - the Soviet Union - play in triggering many of those cataclysms and those changes? Argue your point
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