中级财务会计 李琦 北京大学ch01.pptVIP

Independence. The members of the APB were part-time volunteers whose major responsibilities were to the business, governmental, or academic organization employing them. Representation. The public accounting firms and the AICPA were too closely associated with the development of accounting standards. Response time. Emerging problems were not solved quickly enough by the part-time members of the APB. Criticisms of the APB Financial Accounting Standards Advisory Council (approximately 30 members) Financial Accounting Standards Board (7 members) Appoint, fund, and oversee Advise Financial Acc