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Talk about:
-the American system
EU
A political and economic union of 27 member states that are located primarily in Europe, aimed at facilitating economic cooperation.
SEC
The Securities and Exchange Commission, a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.
FASB
The Financial Accounting Standards Board, an organization responsible for establishing and improving financial accounting standards in the United States.
Financial Accounting Standards Board
An independent organization responsible for establishing and improving standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information.
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