Which of the following is ? The Accounting Professional Ethical Standards Board (APESB):
A)issue technical standards to the members of the CAANZ,CPA Australia and IPA.
B)standards are required to be complied with by members of each of CAANZ,CPA and IPA.
C)have not approved any standards that are required by law.
D)follows pronouncements issued by the International Accountants Ethics Standards Board (IAESB).

Question

Quizplus · Accepted Answer

The Accounting Professional Ethical Standards Board (APESB) issues ethical standards that are required to be complied with by members of CAANZ, CPA Australia, and IPA. Therefore, option B is the correct answer. Option A is partially correct as APESB issues technical standards, but only to the members of the three mentioned professional bodies. Option C is incorrect as APESB has approved some standards that are required by law. Option D is also incorrect as APESB is an independent board and is not obliged to follow the pronouncements of the International Accountants Ethics Standards Board (IAESB).

Which of the Following Is ? the Accounting Professional Ethical