which-organization-is-responsible-for-setting-gaap-standards-in-the-united-state

Question

Which organization is responsible for setting GAAP standards in the United States?

Accepted Answer

Financial Accounting Standards Board (FASB)

Answer

International Accounting Standards Board (IASB)

Answer

American Institute of Certified Public Accountants (AICPA)

Answer

Securities and Exchange Commission (SEC)