Question: 2 - 1 . Describe the U . S . financial reporting environment including the following: a . Forces that impact the content of statutory
Describe the US financial reporting environment including the following:
a Forces that impact the content of statutory financial reports
b Rulemaking bodies and regulatory agencies that formulate GAAP used in financial reports
c Users of financial information and what alternative sources of information are available beyond statutory financial reports
d Enforcement and monitoring mechanisms to improve the integrity of statutory financial reports
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