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Who does the FASB consult in the standard - setting process? Question content area bottom Part 1 A . The FASB only permits comments from
Who does the FASB consult in the standardsetting process?
Question content area bottom
Part
A
The FASB only permits comments from managers and accountants.
B
The FASB specifically seeks comments from investors and auditors.
C
The FASB seeks and welcomes comments from all parties in the financial reporting process including managers, investors, accountants, preparers, creditors, lenders, financial statement users, governmental agencies, financial analysts, industry groups, and auditors. FASB also receives feedback from public roundtable discussions, public meetings, the FASAC, the Private Company Council, and EITF.
D
The FASB seeks and welcomes comments from all parties in the financial reporting process including tax agents.
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