Give an overview of the standards-setting industry topic and a review of its historical roots including the roles of the Securities Exchange Commission (SEC), The Financial Accounting Standards Board (FASB), and The American Institute of Certified Accountants ( AICPA).

Week 1 Assignment:

This week’s assignment starts a four paper project (short paper – 500 to 1,000 words approximately 3 to 4 pages of content pages including three research references).
The first week’s short paper assignment should focus on an overview of the standards-setting industry topic and a review of its historical roots including the roles of the Securities Exchange Commission (SEC), The Financial Accounting Standards Board (FASB), and The American Institute of Certified Accountants ( AICPA).