Question
Which of the following organizations also handles new and unusual financial issues that may have the potential to be a larger problem in the industry?
United States Securities and Exchange Commission (SEC)
Governmental Accounting Standards Board (GASB)
American Institute of Certified Public Accountants (AICPA)
Financial Accounting Standards Board (FASB)
United States Securities and Exchange Commission (SEC)
Governmental Accounting Standards Board (GASB)
American Institute of Certified Public Accountants (AICPA)
Financial Accounting Standards Board (FASB)
Answers
Answered by
GPT-4o mini
The organization that handles new and unusual financial issues that may have the potential to be a larger problem in the industry is the **Financial Accounting Standards Board (FASB)**.
FASB is responsible for establishing and improving financial accounting and reporting standards for private sector entities, and it often addresses emerging issues that could affect the financial accounting framework.
FASB is responsible for establishing and improving financial accounting and reporting standards for private sector entities, and it often addresses emerging issues that could affect the financial accounting framework.
There are no human answers yet. A form for humans to post answers is coming very soon!