Which of the following bodies monitors the operation of the Auditing and Assurance Standards Board?
A) Financial Reporting Council.
B) Companies Auditors and Liquidators Disciplinary Board.
C) Australian Securities Exchange.
D) All of the given answers are correct.

Question

Quizplus · Accepted Answer

The Financial Reporting Council monitors the operation of the Auditing and Assurance Standards Board as part of its oversight responsibilities for the accounting and auditing profession in Australia. The Companies Auditors and Liquidators Disciplinary Board is responsible for investigating and disciplining auditors and liquidators for breaches of professional conduct, while the Australian Securities Exchange is responsible for regulating and supervising listed companies and securities trading.

Which of the Following Bodies Monitors the Operation of the Auditing