What entities are involved in establishing standards and rules for the professional conduct of public accountants? Who establishes such standards for auditors of public versus private companies?
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total answers (1)
Accounting
- the nongovernmental association, American Institute of Certified Public Accountants (AICPA), through the Auditing Standards Board (ASB) establishes standards and rules for the professional conduct of public accountants
- the SEC has legal authority to supervise the professionals of public sector.
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