Discuss the key aspects of the following five sealgranting organizations: BBB, TRUSTe, Veri-Sign, Inc., ICSA, and AICPA/CICA WebTrust.

Q: etail the primary goals of FASB codification,its structure and content.

A: For nonprofit organizations, the FASB Accounting Standards Codification® is the excellent feature of…

Q: Discuss briefly the definitions,objective and scope of all IAS and the IFRS standards

A:

Q: List internal control procedures related to e-commerce.

A: E-commerce: E-commerce is one form of business transactions made with the help of electronic…

Q: Briefly describe the FASB/IASB convergence process and the principles that guide their convergence…

A: Definition:   International Accounting Standards Board (IASB): IASB is the board which frames,…

Q: What are the objectives and scope of all the standards of IFRS and IAS?

A: IFRS or International Financial Reporting Standards are the guidelines of accounting given by the…

Q: IFRS is a Single set of high quality, globally accepted and enforced set of standards that require…

A: IFRS refers to International Financial Reporting standards which are the globally accepted…

Q: describe the objective of fi nancial statements and the importance of fi nancial reporting standards…

A: The security analysis is the process of estimating the value of the securities (like shares, bonds,…

Q: Which of the following “bodies designated by Council” have been authorized to promulgategeneral…

A:

Q: Which of the following statements is true? a. Both the SEC and the PCAOB require the use of the COSO…

A: Committee of Sponsoring Organization (COSO):  Committee of Sponsoring Organizations (COSO) is a…

Q: Identify which is the best and the worst form of GVC governance for the absorption of technological…

A: The Global Value Chain (GVC) is a sequence of phases in the creation of a product or service for…

Q: Indicate the organization related to IFRS that performs each of the following functions:1. Obtains…

A: International Financial Reporting Standards:   IFRS (International Financial Reporting Standards) is…

Q: Who are the members of International Integrated Reporting Council (IIRC)??

A: International Integrated Reporting Council (IIRC): The International Integrated Reporting Council,…

Q: List all the IAS and IFRS Standards and state thier objectives

A: The accounting standards of IAS are as follows:

Q: Explain The role of the IIRC & The integrated reporting under the CPA.

A: integrated reporting is considered to be an important tool in the understanding the relationship…

Q: What is the Committee of Sponsoring Organizations (COSO)? Briefly describe the original…

A:

Q: describe roles and desirable attributes of fi nancial reporting standard-setting bodies and…

A: The standard setting bodies & regulatory authorities play an important role in developing &…

Q: Discuss what you consider as effective board practices

A: Effective board: an effective board contributes to the organization's development and puts efforts…

Q: Which groups are covered under the three sections of the International Ethical Standards?

A: IES are the standards which are issued by the Internation Ethics Standard Board For Accountants…

Q: List all the IAS and IFRS Standards, discuss briefly their definitions, thier objective and their…

A: The Accounting standards are the set of principles and procedures to be compulsorily adopted by the…

Q: Describe the FASB–IASB convergence process and SEC recognition of IFRS.

A: IASB: International Accounting Standards Board is abbreviated as IASB.  IASB is the organization…

Q: Provide in full the meaning of these abbreviations and tell briefly how they interface with the…

A: An information system is a series of software and hardware modules that are used to capture, create,…

Q: The GIFMIS interfaces with a number of systems and sub-systems. A number of these systems and…

A: E-Monitor (Non-Tax Revenue-MoF) Non-Tax Revenue is that the revenant financial gain attained by the…

Q: he two principal hurdles which stand in the way of facilitating electronic commerce and electronic…

A: In the new age of digital finance and digital transactions and digital commerce two emerging themes…

Q: The FHA implements its programs with which of the following procedures?

A: FHA has been successful in stabilizing the national housing market. It was created under the federal…

Q: 1) The GIFMIS interfaces with a number of systems and sub-systems. A number of these systems and…

A: E-Monitor (Non-Tax Revenue-MoF) Non-Tax Revenue is that the revenant financial gain attained by the…

Q: Describe the mission of the IASB.

A: The International Accounting Standards Board (IASB) is an independent, private-sector body that…

Q: Explain the major dimensions for developing an international information systems architecture and…

A: Every company needs records of its actions in order to identify the source of problems and implement…

Q: The GIFMIS interfaces with a number of systems and sub-systems. A number of these systems and…

A: Government or Ghana Integrated Financial Management Information System is a system developed for…

Q: Make a list and indicate the titles and descriptions of the current IASs and IFRSs .

A: List of International Financial Reporting Standards (IFRS) IAS 1 Presentation of Financial…

Q: What are the five typical National Treatment identified by the WTO Secretariat?

A: The WTO arrangements are extensive and complex since they are lawful writings covering a wide scope…

Q: Who are the sponsoring organizations of COSO, and what is COSO best known for doing?

A: Definition:

Q: ‘CPAs provide a wide array of information enhancement services referred to as assurance services.’…

A: Professional services provided by independent service providers, such as accounting or auditing…

Q: Governance issues include the following except;

A: The corporate governance represents the rules and practice by which the company would be controlled…

Q: Locate and describe the primary policy-making organizations and their involvement in the development…

A: This question about explains the primary policy-making organizations and their involvement in the…

Q: Discuss the common goal that IASB, FASB and other regional accounting bodies intend to achieve by…

A: A conceptual frame work is defined as the systematic formation of ideas and objectives leading to…

Q: Identify the major policy-setting bodies and their role in the standard-setting process

A: Auditing: Auditing is the process by which assertions made by management about financial…

Q: The objective of IFRS 1 is to ensure that an entity's first IFRS financial statements contain high…

A: The IFRS 1 provides a framework for financial reporting. The objective of IFRS to provide users…

Q: Provide in full the meaning of these abbreviations and tell briefly how they interface with the…

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: pllowing is the largest body ed Institute of Public Finane - of Manag

A: The right answer is option c. The Chartered Institute of Management Accountants (CIMA)