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Describe the role of the Securities and Exchange Commission (SEC) and its development of the...

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Accounting

Describe the role of the Securities and Exchange Commission (SEC) and its development of the financial accounting theory and practice. Analyze the relationship between the SEC and the FASB with respect to the development and establishment of financial theory and practices. Give two recommendations that would improve the relationship between the SEC and FASB. Provide a rationale to support for your recommendations.

PLEASE INCLUDE ANY REFERENCES USED IN APA FORMAT

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