Role of The American Institute of Certified Public Accountants

      Discuss the role of The American Institute of Certified Public Accountants and their role in advising the FASB, and setting the auditing standards to be followed by Public Accounting Firms. Also, consideration should be given to their relationship to other authoritative rule making boards such as The International Accounting Standards Board (IASB), The Government Accounting Standards Board, and the HFMA Principles and Practice Board. What would you envision as an organization chart that would represent the various roles of the organizations within the standards and rule setting framework look like?