Auditing briefly discussion question
a. Go to the AICPAs website (www.aicpa.org (Links to an external site.)Links to an external site.). Find the AICPAs mission statement (currently under the link About the AICPA). Read and briefly summarize the AICPAs mission as described in its mission statement (75 words).
b. Go to the SECs website (www.sec.gov (Links to an external site.)Links to an external site.). Find the SECs description of its mission (currently under the What We Do link under the heading About the SEC). Read the material under the link Introduction, describing the SECs primary mission and purpose. Write a paragraph summarizing the SECs mission and purpose (75 words).
c. Go to the SECs website (www.sec.gov (Links to an external site.)Links to an external site.) and click on the What We Do link (under the About link). Read the material under the link Creation of the SEC, describing the SECs creation in the 1930s. Write a paragraph summarizing when and why the SEC was formed. What were the triggering events leading up to the SECs formation?(75 words)
d. Go to the PCAOBs website (www.pcaobus.org (Links to an external site.)Links to an external site.). Find and briefly summarize the PCAOBs description of its standard-setting process (click on the Standards link along the top of the page; then sel
ect The Standard-Setting Process towards the bottom of the page, under the subheading Current Standard-Related Activities).(75 words)
e. Go to www.ifac.org/IAASB/ (Links to an external site.)Links to an external site. and read the brief history of the IAASB found under the About IAASB link. Write a one-page summary of the development and status of the IAASB and its International Statements on Auditing Standards around the world.(1pg)
f. Go to www.ifrs.com (Links to an external site.)Links to an external site. and read about how the IASB is structured, how it is funded, and how it sets accounting standards. Write a one page summarizing what you find. Include a paragraph regarding the current status of the IASBs and FASBs convergence efforts (1pg).
personal requirement?
1. please check on the poor grammar and misspelled words.
2. please write the summarization in your own word.
Preview of the Answer.
This is the national organization that represents the CPA profession in the country. In its mission statement, AICPA works towards enabling the success of business globally, CPAs and speciality credentials. To get towards the success of this mission, AICPA aims to provide relevant professional knowledge and resources while at the same time protecting the ever-changing public interest. AICPA serves as the pace-setter by advocating.
APA
898 Words