The SEC communicates its views on accounting and audit-related matters using various types of formal published pronouncements, private rulings and informal statements.
Required
Identify the three types of formal publications the SEC uses to communicate its rulings on accounting and auditing-related matters and identify which type of publication is the highest authority on accounting principles for publicly traded companies.

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The Answer of The SEC communicates its views on accounting and audit-related matters using various types of formal published pronouncements, private rulings and informal statements.
Required
Identify the three types of formal publications the SEC uses to communicate its rulings on accounting and auditing-related matters and identify which type of publication is the highest authority on accounting principles for publicly traded companies.

The SEC Communicates Its Views on Accounting and Audit-Related Matters