The accountancy profession Flashcards
1
Q
What are the reserved areas of public practice accountancy
A
Insolvency
Investment business
Audit
Probate
2
Q
What five accounting bodies comprise the Consultative Committee of Accountancy Bodies (CCAB)
A
ICAEW ICAS Chartered Accountants Ireland ACCA CIPFA
3
Q
What are the roles of the Financial Reporting Council (FRC)
A
Non-statutory oversight
Statutory regulation
Independent monitoring