Accounting Terminology
Listed Below Are Seven Accounting Organizations Introduced in This

Accounting terminology
Listed below are seven accounting organizations introduced in this chapter:
Each of the following statements may (or may not) describe one of these organizations. In the space provided below each statement, indicate the accounting organization described, or answer "None" if the statement does not correctly describe any of the organizations.
(A.) Private sector organization that establishes accounting standards.
(B.) A professional organization that establishes auditing standards.
(C.) A government organization that establishes financial reporting requirements for publicly-held companies in the United States.
(D.) A federal government agency that audits many other agencies of the federal government and reports its findings to Congress.
(E.) A professional organization dedicated to the improvement of accounting education, research, and practice.
(F.) A professional organization that influences the concepts and ethical practice of management accounting.
(G.) A professional organization that establishes global accounting standards.
$$\begin{array} { c c c } \text { American Accounting } & \text { Financial Accounting } & \text { Institute of Internal } \\\text { Association } & \text { Standards Board } & \text { Auditors } \\\text { American Institute of } & \text { Securities and Exchange } & \text { Institute of Management } \\\text { CPAs } & \text { Commission } & \text { Accountants } \\\text { Internal Revenue Service } & & \text { International Accounting } \\& & \text { Standards Board }\end{array}$$