Three groups that participate in the process of establishing GAAP are users, preparers, and auditors. These groups are represented by various organizations. For each organization listed below, indicate which of these groups it primarily represents.
1. Securities and Exchange Commission
2. Financial Executives International
3. American Institute of Certified Public Accountants
4. Institute of Management Accountants
5. Association of Investment Management and Research
E 1-5 Participants in establishing GAAP. Three groups that participate in the process of establishing GAAP are users, preparers, and auditors.

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Tundexi Tundexi · Answer 1 · 2020-08-29T02:51:18+02:00

Answer:

The name of a group is based on whether the group is a user of GAAP or a preparers of GAAP or an auditor of GAAP

The group which an organization represents should be indicated as follows:

Organisation Group

1. Securities and Exchange Commission Preparers

2. Financial Executives International Users

3. American Institute of Certified Public Auditors

Accountants

4. Institute of Management Accountants Users

5. Association of Investment Management Users

and Research