haku: @indexterm FINANCIAL ACCOUNTING / yhteensä: 306
viite: 87 / 306
| Tekijä: | Melumad, N. Shibano, T. |
| Otsikko: | The securities and exchange commission and the financial accounting standards board: regulation through veto-based delegation |
| Lehti: | Journal of Accounting Research
1994 : SPRING, VOL. 32:1, p. 1-37 |
| Asiasana: | SECURITIES FINANCIAL ACCOUNTING ACCOUNTING STANDARDS |
| Kieli: | eng |
| Tiivistelmä: | This paper examines the performance of standard-setting arrangements between the Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB). Congress, in the Securities Acts of 1933 and 1934, delegated authority over accounting standards to the SEc which, in turn, delegated the choice of accounting standards to a series of privately funded organizations, the current one being FASB. Since an integral part of the delegation arrangement is the SEC's retention of veto power over the FASB choice of accounting standards, the authors call the arrangement veto-based delegation. |
SCIMA