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Extra info for GREAT BOOKS OF THE WESTERN WORLD 35
CPAs perform financial accounting services for the general public and charge professional fees for rendering them. ” Objectives of the Accounting Standards Team are “to determine Institute technical policies regarding financial accounting and reporting standards, and generally to be the Institute’s official spokesperson on these matters; to provide guidance to members of the Institute on financial accounting and reporting issues not otherwise covered in authoritative literature; and to influence the form and content of pronouncements of the Financial Accounting Standards Board .
Created in 1875 to urge for the repeal of taxes on capital, deposits, and checks, the ABA is a powerful lobbying force in Washington on financial issues. ABA interests have changed with technological advances over the years. In the 19th century ABA efforts focused on banker education and advocacy. One of the early problems was bank robbers. In the 1890s an ABA program paying rewards for the conviction of bank robbers significantly reduced this problem and led to the death of notorious bank criminals, including Butch Cassidy and the Sundance Kid in Bolivia.
Lewis. When the United States entered World War II, labor leaders agreed not to strike for the duration of the war. Wages did not increase during this period, but “fringe benefits” were established. After World War II, unions sought large wage increases through organized strikes, and the economy boomed. The Taft-Hartley Act in 1947 established government controls over unions. AFL leader George Meany and CIO leader Walter Reuther merged the two leagues in 1955, and they became known as the AFL-CIO.