A number of regulators have an impact on the audit process, either directly or indirectly. Among them

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A number of regulators have an impact on the audit process, either directly or indirectly. Among them are the Financial Reporting Council (FRC), the Accounting Professional & Ethical Standards Board (APESB), and the Companies Auditors and Liquidators Disciplinary Board (CALDB).

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Discuss the roles and responsibilities of each of the three (3) regulators mentioned above.

Posted Date: Nov 22, 2021 07:51 AM

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A number of regulators have an impact on the audit process, either directly or indirectly. Among them

Question:

Expert Answer:

1 The FINANCIAL REPORTING COUNCIL FRC advances straightforwardness and honesty in business It controls evaluators bookkeepers and statisticians and sets the UKs Corporate Governance and Stewardship Co... View the full answer

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