Laws and Regulations of Accounting Write a paper (minimum of three pages, typed, double-spaced, size 12 font, 1 inch margins). Program outcome: Prepare and understand reporting procedures and requirements Understand current tax law and preparation of forms List and explain the laws and regulations that the organization follows in respect to accounting standards. Be sure to discuss GAAP, payroll laws and regulations, tax laws, etc. Discuss how each of these laws impact the way that an organization does business. Are there any additional laws and regulations that should be followed? In addition, discuss law and regulatory changes that will be happening and what effect they will have an organization