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Accounting Regulation is the process of setting and enforcing standards for financial reporting and accounting practices. It is an important part of the financial system, as it helps to ensure that financial statements are accurate and reliable. Accounting Regulation is typically carried out by government agencies, such as the Securities and Exchange Commission (SEC) in the United States, or by professional accounting organizations, such as the International Accounting Standards Board (IASB).
Accounting Regulation is designed to protect investors and other stakeholders by ensuring that financial statements are prepared in accordance with generally accepted accounting principles (GAAP). It also helps to ensure that companies are transparent and accountable in their financial reporting.
Companies in the Accounting Regulation market include the Big Four accounting firms (Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers), as well as smaller accounting firms and consulting firms. Additionally, there are a number of software companies that provide accounting and financial reporting solutions. Show Less Read more