The functioning of the Auditing and Assurance Standards Board is overseen by:
A) The Australian Accounting Research Foundation.
B) The Australian Accounting Standards Board.
C) The Financial Reporting Council.
D) The International Accounting Standards Board.
E) An independent group representing Auditors.

Question

Quizplus · Accepted Answer

The Financial Reporting Council oversees the functioning of the Auditing and Assurance Standards Board in Australia. The other options listed do not have a direct oversight role in relation to this board.

The Functioning of the Auditing and Assurance Standards Board Is