AP$1\mathrm{.}7($LO $5)$ Organizations that impact the audit profession The following organizations impact the audit profession.

AICPA

ASB

COSO

FASB

IIA

IAASB

NASBA

PCAOB

SEC

State Board of Accountancy

Required

Match the organization with the proper description. Each organization can be used once, more than once, or not at all.

Membership organization that acts as an advocate for the accounting profession.

Maintains the Accounting Standards Codification.

Issues International Standards on Auditing.

Has the power to enforce the Sarbanes$-$Oxley Act of $2002.$

Issues Auditing Standards and oversees the auditors of issuers.

Provides guidance and standards for internal auditing.

A federal agency tasked with enforcing and interpreting securities laws.

Serves as the application center for individuals applying to take the CPA exam.

Prepares and grades the CPA exam.

Issues Statements on Auditing Standards for the audits of non$-$issuers.