As of 2011, the _____ is an independent accounting standard-setting entity with 15 voting members from a number of countries.
A)Public Companies Accounting Oversight Board (PCAOB)
B)International Accounting Standards Board (IASB)
C)American Institute of Certified Public Accountants (AICPA)
D)World Institute of Certified Public Accountants (WICPA)
E)International Institute of Certified Public Accountants (IICPA)

Question

Quizplus · Accepted Answer

The International Accounting Standards Board (IASB) became an independent accounting standard-setting entity in 2001 and has 15 voting members from various countries. The Public Companies Accounting Oversight Board (PCAOB) is a regulatory body overseeing the auditing profession in the United States. The American Institute of Certified Public Accountants (AICPA) is a professional organization for accountants in the United States. The World Institute and International Institute of Certified Public Accountants are not recognized organizations.

As of 2011, the _____ Is an Independent Accounting Standard-Setting