Which of the following is not a source of external accounting rules for a company listed on the Australian Stock Exchange?
A)Stock exchange rules imposed by the Australian Stock Exchange
B)Company law
C)Sarbanes Oxley Act
D)International accounting standards

Question

Quizplus · Accepted Answer

The Sarbanes Oxley Act is a US law that applies to companies listed on US stock exchanges. It is not a source of external accounting rules for companies listed on the Australian Stock Exchange. Choices A, B, and D are all sources of external accounting rules for these companies.

Which of the Following Is Not a Source of External