However, rather than set standards, the SEC encouraged the private sector to set them. The SEC has stated that FASB standards are considered to have authoritative support. They could not keep soldiers beyond the required number. Suing accountants in both state … Accountants employed by federal, state, and local governments ensure that revenues are received and spent according to laws and regulations. Their responsibilities include auditing, financial reporting, and management accounting. The accountants were appointed by the state to check the amount of revenue collected by the muqtis. Care was taken that the muqti collected only the taxes prescribed by the state. Largely, the world over, central bankers are appointed by the head of the state. In the accounting world, conflicts frequently occur when a firm provides multiple services to the same client, such as audit, tax, forensic accounting, and bankruptcy services. Accountants were appointed by the state to check the amount of revenue collected by the muqtis. When the SEC was formed there was no standards-issuing body. Government Accountants/Auditors - Accountants are employed by federal, state and local governments for a variety of reasons. Management accountants are also called cost, corporate, industrial, managerial, or private accountants. Within the United States and its territories, there are 55 licensing jurisdictions that provide regulatory oversight whenever a CPA is practicing within the statutorily defined scope of practice of public accountancy. There was proper control regarding the muqti collecting only the taxes prescribed by the state and that he kept the required number of soldiers. The head of the SEC is appointed by the President of the United States. But critics also say that accountants are far less liable today for mistakes in signing off on a company's books than they were a decade ago. Born in 1445 in Tuscany, Pacioli is known today as the father of accounting and bookkeeping. That day, the Indian Government showed its true colours. Father of Accounting . … State legislatures do not have the power to veto the people's choice in an election ... on which electors are to be appointed. In general, members of the state boards of accountancy are appointed by the Governor with input from the state Senate. In total, more than 3000 Sikhs were killed (unofficial numbers are even higher) and the massacres happened not only in Delhi, but all across India. The decision to replace Ruth Bader Ginsburg as Associate Justice of the United States Supreme Court is expected to have ramifications for generations to come. They are appointed … Electoral Lists were also used to identify the victims and the Delhi Police openly let the pogroms happen. 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