Which of the following organizations has not been instrumental in the development of financial accounting standards in the United States?

Question

Quizplus · Accepted Answer

The International Accounting Standards Board (IASB) is not involved in the development of financial accounting standards in the United States. It is an independent organization responsible for developing and promoting international accounting standards. The American Institute of Certified Public Accountants (AICPA), Financial Accounting Standards Board (FASB), and Securities and Exchange Commission (SEC) are all key players in the development of financial accounting standards in the United States.

Which of the Following Organizations Has Not Been Instrumental in the Development