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In fulfilling its mission, the AICPA works with state CPA organizations and gives priority to those areas where public reliance on CPA skills is most significant.
The AICPA is responsible for establishing and enforcing a code of professional conduct and auditing standards in the United States. It is also responsible for establishing and administering quality monitoring (or peer review) programs for CPA firms that perform auditing and accounting services.
Generally Accepted Accounting Principles (GAAP)
GAAP encompasses the conventions, rules, and procedures necessary to define accepted practice in the preparation of financial statements in the U...
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