The ASIC Act details that one of the primary accounting standard functions of the Financial Reporting Council (FRC)is to ensure that accounting standards serve the best interests of both the private and public sector.Why is it important that the FRC ensure that the interests of the public sector are met?

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The Answer of The ASIC Act details that one of the primary accounting standard functions of the Financial Reporting Council (FRC)is to ensure that accounting standards serve the best interests of both the private and public sector.Why is it important that the FRC ensure that the interests of the public sector are met?

The ASIC Act Details That One of the Primary Accounting