The ICAA and CPA Australia
A)are responsible for developing company regulations.
B)are involved in the enforcement of company regulations through the regulation of their members.
C)play no role in setting company regulation and have nothing to do with enforcing company regulation.
D)have nothing to do with setting company regulations but have a role in enforcing the regulations.

Question

Quizplus · Accepted Answer

The ICAA (Institute of Chartered Accountants in Australia) and CPA (Certified Practising Accountants) Australia are professional bodies involved in the enforcement of company regulations through the regulation of their members. While they do not develop company regulations themselves, they play an important role in ensuring that their members comply with regulations and ethical standards.