A. What Factors Besides Sound Accounting Policy Influence the Standard Setting Process? Give an Example of a Standard That Was Influenced by a Political Process. a. What factors besides sound accounting policy influence the standard setting process? Give an example of a standard that was influenced by a political process.Sound accounting is one of the.
The Standard Setting Process Essay Preview: The Standard Setting Process Report this essay The Standard Setting Process There are two main bodies responsible for setting financial accounting standards of nongovernmental entities known as Generally Accepted Accounting Principles (GAAP) in the United States. These bodies are the Securities and Exchange Commission (SEC) and the Financial Accounting.
