The topic for your research is based on current literature and you are to: Compare and contrast the process of accounting standard setting and financial statement presentation between these regulatory agencies:

SEC

FASB

IASB

GASB

In your paper, also discuss the strengths and weaknesses of each standard setting body.

Format: Title page should contain a title, student name, date, class name/number, and running head. Abstract page should be included (one paragraph, not indented) highlighting the key points of your paper. Paper should be double spaced, 1" margins, 12 pt font Times New Roman style, pages numbered throughout the document with running head in all capitals on each page.

Length: Paper should be not less than 4 and not more than 5 pages of text (not including title page, abstract page, exhibits, and reference page.)

Sources: Use at least 5 outside sources (in addition to the text); 3 of which must be peer reviewed journals from the KU Library. Others may be authoritative sites such as FASB standards. Please follow proper APA format when citing.