What are the roles of an audit committee, Auditing

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What are the roles of an audit committee

Response to the following questions:

1. What was the outcome of the review of the regulatory regime of the accountancy profession in 2002?

2. What is the role of the Financial Reporting Council and its subsidiary boards?

3. How does the role of the Department of Trade and Industry bring statutory control to a professionally-oriented system of accounting?

4. What is the role of an audit committee in giving assurance on corporate reporting?

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