The primary governing board that performs quality reviews on registered auditors is the:
A) The Australian Securities and Investments Commission (ASIC) on behalf of the Financial Reporting Council (FRC)
B) Public Sector Services Board
C) Auditing and Assurance Standards Board (AUASB)
D) Australian Securities Exchange (ASX)

Question

Quizplus · Accepted Answer

The Australian Securities and Investments Commission (ASIC) is responsible for performing quality reviews on registered auditors on behalf of the Financial Reporting Council (FRC), ensuring compliance with auditing standards and maintaining the integrity of the financial reporting process.

The Primary Governing Board That Performs Quality Reviews on Registered