Acronyms Flashcards
1
Q
GAAP
A
Generally Accepted Accounting Principles
2
Q
IFRS
A
International Financial Reporting Standards
3
Q
COSO
A
Committee of Sponsoring Organizations: Oversees internal control – integrated framework.
4
Q
AICPA
A
American Institute of Certified Public Accountant
5
Q
SEC
A
Securities and Exchange Commission
6
Q
PCAOB
A
Public Company Accounting Oversight Board
7
Q
ASB
A
Auditing Standards Board: Authority by AICPA
8
Q
FASB
A
Financial Accounting Standards Board: Oversees GAAP
9
Q
ISA
A
International Standards on Auditing
10
Q
IAASB
A
International Auditing and Assurance Standards Board
11
Q
GAAS
A
Generally Accepted Auditing Standard: Authority by ASB of AICPA
