Source of regulation for Accountants
Not what you're looking for?
What are the formal and informal sources of regulations for accountants? What are some consequences of violating these regulations?
Purchase this Solution
Solution Summary
The solution first qualifies the question to those accountants who are licensed by a governmental entity, and from whom the public expectations are the highest. A list of about 10 sources of both formal and informal regulations are given in the problem followed by seven possible consequences of perceived violations of the regulations.
Solution Preview
I've interpreted your question to mean
1. independent accountants including CPAs and CAs (in Canada) as opposed to degreed accountants working in industry
2. regulations meaning professional behavior rather than task-oriented sources of information
If I assumed correctly, then we are talking about licensed CPAs (CAs) for whom the general public expects a ...
Purchase this Solution
Free BrainMass Quizzes
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.