Match each of the organizations listed below with the statement that most adequately describes the role of the group. Securities and Exchange Commission International Accounting Standards Board Financial Accounting Standards Board American Institute of Certified Public Accountants 1. The federal agency with ultimate authority to determine rules used for preparing financial statements for companies whose stock is sold to the public 2. The group in the private sector with authority to set accounting standards 3. The professional organization for certified public accountants 4. The organization formed to develop worldwide accounting standards