Select an accounting regulatory body, such as the Financial Accounting Standards Board, the Public Company Accounting Oversight Board, etc., and discuss the process for rule making or standard setting. In addition to explaining their process, prepare a discussion memorandum/comment in response to a proposed standard or rule. Be sure to integrate accounting theory and concepts in your commentary. Your response is to be prepared in the proper format to comply with the regulatory body's requirements and should be a document that you would be willing to send to that regulatory body