The SEC relies on the AICPA and FASB to regulate the accounting profession and develop and enforce accounting standards.

Name: The SEC relies on the AICPA and FASB to regulate the accounting profession and develop and enforce accounting standards.
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The SEC (Securities and Exchange Commission) does rely on the AICPA (American Institute of Certified Public Accountants) and FASB (Financial Accounting Standards Board) to set accounting standards and regulations for the accounting profession.

The SEC Relies on the AICPA and FASB to Regulate