Regulatory Agency

Federal Trade Commission (FTC)
The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 via the Federal Trade Commission Act. Its main functions are to promote consumer protection and eliminate and prevent anticompetitive business practices such as coercive monopoly.
Regulatory Agency
A regulatory agency is a government body tasked with the oversight, control, and supervision of specific activities or areas of public interest.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.