Under section 311 of the Corporations Act auditors are required to report any actual or suspected contraventions of the Act to:
A) the Auditing and Assurance Standards Board.
B) the Australian Securities and Investments Commission.
C) the Financial Reporting Council.
D) the Australian Securities Exchange.

Question

Quizplus · Accepted Answer

Under section 311 of the Corporations Act, auditors are required to report any actual or suspected contraventions of the Act to the Australian Securities and Investments Commission (ASIC). The ASIC is responsible for regulating corporate entities and financial markets in Australia.

Under Section 311 of the Corporations Act Auditors Are Required