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The most important goal of these regulatory bodies is to establish a set of rules and regulations and help improve the financial accounting standards of organizations. A few of such bodies are and the International Accounting Standards Board, the Securities and Exchange Commission, the Government Accounting Standards Board, Securities and Exchange Commission, and the Financial Accounting Standards Board.
The goal of the IASB is to stay committed to expanding, in the public interest, a set of good quality accounting standards. The International Accounting Standards Board (IASB) is “an independent, privately-funded accounting standard-setter based in London, UK” (International Accounting Standards Board, n...
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