In general, the practice of management accounting is less regulated than financial accounting. a. Discuss the roles

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In general, the practice of management accounting is less regulated than financial accounting.

a. Discuss the roles of the FASB, IMA, and the CASB (or, in Canada, the Canadian Institute of Chartered Accountants and the Society of Management Accountants) on the practice of cost and accounting.

b. Which of these bodies has binding authority over firms’ accounting practices? Why or how?

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Cost Accounting Traditions And Innovations

ISBN: 9780538880473

3rd Edition

Authors: Jesse T. Barfield, Cecily A. Raiborn, Michael R. Kinney

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