The Financial Reporting Council Is Responsible For

Multiple Choice

The Financial Reporting Council is responsible for:

A) overseeing the accounting and auditing standard-setting process for both the public and private sectors in Australia.
B) developing Australian accounting standards for both the public and private sectors in Australia.
C) issuing Australian accounting standards for both the public and private sectors in Australia.
D) reporting breeches of Australian accounting standards for both the public and private sectors in Australia.