Problem

Accounting OrganizationsMatch the organizations on the left with the functions on the righ...

Accounting Organizations

Match the organizations on the left with the functions on the right. Each function should be used only once.

Organization

Function

________ Institute of Internal Auditors

a. The group that creates and promotes International Financial Reporting Standards (IFRSs).

________ Securities and Exchange Commission

b. Professional association of Certified Public Accountants.

________ American Institute of CPAs

c. Organization consisting primarily of accounting educators that encourages improvements in teaching and research.

________ Institute of Management Accountants

d. International organization dedicated to the advancement of internal auditing.

________ Financial Accounting Standards Board

e. Private-sector organization that establishes accounting standards.

________ American Accounting Association

f. The body charged with setting auditing standards for audits of public companies.

________ Public Company Accounting Oversight Board

g. Organization dedicated to providing members personal and professional development opportunities in the area of management accounting.

________ International Accounting Standards Board

h. Government agency responsible for financial reporting by publicly held companies.

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