ACC 6600 Accounting Issues Private Company Council Tasks

ACC 6600 Accounting Issues Private Company Council Tasks

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Summarize the history of the Private Company Council (You may need to research regarding what happened to the Private Company Council after the case was written).

1. Critique the following proposition: Having two sets of GAAPS (one for publicly traded firms and the other for non-publicly traded firms) is a good idea that needs to be developed and fully implemented.
2. Your view about the current decision made by FAF regarding the private company council (Do you think it is appropriate or not? Is there any room for improvement? etc.)
3. Introduce any other related thoughts or research on this accounting issue. It could be your own or someone else’s.

Management Accountant Discussion

I’m studying and need help with an accounting question to help me learn.

For your week two discussion board post I would like you to explore what types of accounting certification exist. In particular research the Certified Public Accountant (CPA) and Certified Management Accountant (CMA) certification. What is the difference between the two? Which one is more applicable to Managerial Accounting? Which one is more applicable to Financial Accounting? In your post discuss each of these certifications.

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