The American Institute of Certified Public Accountants (AICPA)legally enforces accounting and auditing rules and procedures.

Question

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The AICPA is a professional organization for accountants, but it does not have legal enforcement powers over accounting and auditing rules and procedures. The Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) are the government agencies responsible for enforcing these rules and procedures in the United States.

The American Institute of Certified Public Accountants (AICPA)legally Enforces Accounting