Answer
In the order of authority, we have the FASB (Financial Accounting Standards Board) Standards at the top followed by the FASB Technical Bulletins and the AICPA (American Institute of Certified Public Accountants) Practice Bulletins at the bottom.
Work Step by Step
FASB standards hold the highest authority on the list because they have global recognition and acceptance in practice. FASB Technical Bulletins hold more authority than AICPA Practice Bulletins because the FASB Technical Bulletins have a global scope compared to the AICPA.
