Standard Setters and Committees For each organization, please describe their purpose, structure, and role in the accounting world.

a. Financial Accounting Standards Board (FASB)

b. International Accounting Standards Board (IASB)

c. Securities Exchange Commission (SEC)

d. Emerging Issues Task Force (EITF)

e. American Institute of Certified Public Accountants (AICPA)

f. Public Company Accounting Oversight Board (PCAOB)