Accessing Information on the InternetThe Internet is a good place to getinformation that i...

Accessing Information on the Internet

The Internet is a good place to getinformation that is useful to you in your study of accounting.

For example, you canfind information about accounting firms, standard setters, and regulators.

Instructions

a . The largest U.S. accounting firms are referred to as the Big 4-Deloitte, Ernst&Young, KPMG, and PricewaterhouseCoopers. Find the Internet sites of these four firms and learn what you can about the types of services provided by the firm.

b . The Public Company Accounting Oversight Board (PCAOB) was created bythe SarbanesOxley Act tooversee auditors ofpublic companies. Find the PCAOB’s Internet site and learn what you can about the PCAOB's four major activities.

c . The Financial Accounting Standards Board (FASB) isthe designated accounting standard setter in the U.S. Find the FASB’s Internet site and identify the FASB’s board members including a brief description oftheir backgrounds.

d . The International Accounting Standards Board (IASB) is the body that issues InternationalFinancial Reporting Standards. Find the IASB’s Internet site and identify the IASB’s board members including a brief description ofthe backgrounds of five board members.

Internet sites are time and date sensitive. It is the purpose of these exercises to have you explore the Internet. You may need to use the Yahoo! search engine http://www.yahoo.com (or another favorite search engine) to find a company's current Web address.