[20220113]IF10701_金融服务简介：美国和国际会计和审计监管结构.pdf

https:/crsreports.congress.gov Updated January 13, 2022Introduction to Financial Services: Accounting and Auditing Regulatory Structure, U.S. and InternationalThis In Focus provides an overview of how accounting and auditing standards are created and regulated in the private sector, the federal government, and state and local governments. Different accounting and auditing standards evolved in the private and public sectors to address the specific needs of their respective stakeholders. Two policy issues that might be of interest to Congress and investors are also discussed. Private Sector The private sector includes publicly traded and private companies as well as nonprofit organizations. The accounting and auditing standards created for publicly traded firms are subject to Securities and Exchange Commission (SEC) oversight. Federal securities laws require public companies, both domestic and foreign, to share critical information about their performance on an ongoing basis with investors, regulators, and other stakeholders. The companies are required to submit annual reports providing a comprehensive overview of their performance, including their audited financial statements. Acco