Q_1. What is the role of the SEC in the acct. standards process? What has been the role of the American Institute of Certied Public Accountants (AICPA) Q What was the Committee on Accounting Procedure, and what was the name of their pronouncements (DEFINE pronouncements Q; What was the Accounting Principles Board and what was the name of their pronouncements? What is the role Financial Accounting Standards Board (FASB) and what are the names of their two types of pronouncements? Q What does the term due process\" mean _i_r_1__regard__t_o the FASB? Q; What is the EITF? What are the FASB Statements of Financial Accounting Concepts