The various provincial securities commissions do not exert influence on the development of accounting standards.

Question

Quizplus · Accepted Answer

The various provincial securities commissions in Canada have an important role in the development and enforcement of accounting standards. They work closely with the Canadian Accounting Standards Board (AcSB) to promote high-quality accounting standards that meet the needs of investors and other stakeholders. The AcSB itself is recognized as the body responsible for setting accounting standards for publicly accountable enterprises in Canada.

The Various Provincial Securities Commissions Do Not Exert Influence on the Development