Regulatory Bodies – NBC Institute

FA – May 2014 – L1 – SA – Q3 – Regulatory Environment of Accounting

Identifies the body responsible for issuing financial reporting standards in Nigeria.

Question

The responsibility for issuing reporting standards in Nigeria is that of …………………………………

Answer

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Tags: Financial Reporting Council, Regulatory Bodies, Reporting Standards
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: MAY 2014

FA – Nov 2013 – L1 – SA – Q34 – Regulatory Environment of Accounting

Identifying who can be appointed as the Chairman of the Financial Reporting Council of Nigeria.

Question

Who can be appointed as the Chairman of the Financial Reporting Council of Nigeria?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Governance, Financial Reporting, Regulatory Bodies
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2013

FA – Nov 2013 – L1 – SA – Q24 – Regulatory Environment of Accounting

Identifying the body responsible for issuing IFRS.

Question

The responsibility for issuing International Financial Reporting Standards (IFRS) is that of ____________.

Answer

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Tags: Accounting Standards, IFRS, Regulatory Bodies
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2013

BMF – May 2017 – L1 – SA – Q7 – The Business Environment

Multiple-choice question on the organization responsible for registering businesses in Nigeria.

Question

Which of the following organisations handles registration of businesses and companies in Nigeria?

A. Nigeria Enterprise Promotion Board
B. Corporate Affairs Commission
C. Customs and Excise
D. NAFDAC
E. Ministry of Industry

Answer

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Tags: Business Registration, Corporate Affairs Commission, Regulatory Bodies
Level: Level 1

Topic: The Business Environment
Series: MAY 2017

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

Question

Institute of Chartered Accountants, Ghana (ICAG) is established by the Institute of Chartered Accountants, Ghana, Act 2020 (Act 1058). Its mission is to train professional accountants of the highest quality, ready to provide cutting-edge services to their clients at all times, upholding the ethical values of the accountancy profession. In addition, all companies must have their financial statements audited by accountants regulated by ICAG as it is the sole regulator of the accountancy practice in Ghana.

Required:

i) Define the concept of self-regulation.
ii) Outline THREE (3) roles of a regulatory body such as ICAG in regulating the accountancy profession in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountancy profession, Audit, Ghana, ICAG, Regulatory Bodies, Self-regulation
Level: Level 2

Topic: Introduction to Audit and Assurance Engagements
Series: DEC 2022

FA – May 2014 – L1 – SA – Q3 – Regulatory Environment of Accounting

Identifies the body responsible for issuing financial reporting standards in Nigeria.

Question

The responsibility for issuing reporting standards in Nigeria is that of …………………………………

Answer

Find Related Questions by Tags, levels, etc.

Tags: Financial Reporting Council, Regulatory Bodies, Reporting Standards
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: MAY 2014

FA – Nov 2013 – L1 – SA – Q34 – Regulatory Environment of Accounting

Identifying who can be appointed as the Chairman of the Financial Reporting Council of Nigeria.

Question

Who can be appointed as the Chairman of the Financial Reporting Council of Nigeria?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Governance, Financial Reporting, Regulatory Bodies
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2013

FA – Nov 2013 – L1 – SA – Q24 – Regulatory Environment of Accounting

Identifying the body responsible for issuing IFRS.

Question

The responsibility for issuing International Financial Reporting Standards (IFRS) is that of ____________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Standards, IFRS, Regulatory Bodies
Level: Level 1

Topic: Regulatory Environment of Accounting
Series: NOV 2013

BMF – May 2017 – L1 – SA – Q7 – The Business Environment

Multiple-choice question on the organization responsible for registering businesses in Nigeria.

Question

Which of the following organisations handles registration of businesses and companies in Nigeria?

A. Nigeria Enterprise Promotion Board
B. Corporate Affairs Commission
C. Customs and Excise
D. NAFDAC
E. Ministry of Industry

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Registration, Corporate Affairs Commission, Regulatory Bodies
Level: Level 1

Topic: The Business Environment
Series: MAY 2017

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

Question

Required:

i) Define the concept of self-regulation.
ii) Outline THREE (3) roles of a regulatory body such as ICAG in regulating the accountancy profession in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountancy profession, Audit, Ghana, ICAG, Regulatory Bodies, Self-regulation
Level: Level 2

Topic: Introduction to Audit and Assurance Engagements
Series: DEC 2022

Question Tag: Regulatory Bodies

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FA – May 2014 – L1 – SA – Q3 – Regulatory Environment of Accounting

Identifies the body responsible for issuing financial reporting standards in Nigeria.

FA – Nov 2013 – L1 – SA – Q34 – Regulatory Environment of Accounting

Identifying who can be appointed as the Chairman of the Financial Reporting Council of Nigeria.

FA – Nov 2013 – L1 – SA – Q24 – Regulatory Environment of Accounting

Identifying the body responsible for issuing IFRS.

BMF – May 2017 – L1 – SA – Q7 – The Business Environment

Multiple-choice question on the organization responsible for registering businesses in Nigeria.

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

FA – May 2014 – L1 – SA – Q3 – Regulatory Environment of Accounting

Identifies the body responsible for issuing financial reporting standards in Nigeria.

FA – Nov 2013 – L1 – SA – Q34 – Regulatory Environment of Accounting

Identifying who can be appointed as the Chairman of the Financial Reporting Council of Nigeria.

FA – Nov 2013 – L1 – SA – Q24 – Regulatory Environment of Accounting

Identifying the body responsible for issuing IFRS.

BMF – May 2017 – L1 – SA – Q7 – The Business Environment

Multiple-choice question on the organization responsible for registering businesses in Nigeria.

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

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Question Tag: Regulatory Bodies

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FA – May 2014 – L1 – SA – Q3 – Regulatory Environment of Accounting

Identifies the body responsible for issuing financial reporting standards in Nigeria.

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FA – Nov 2013 – L1 – SA – Q34 – Regulatory Environment of Accounting

Identifying who can be appointed as the Chairman of the Financial Reporting Council of Nigeria.

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FA – Nov 2013 – L1 – SA – Q24 – Regulatory Environment of Accounting

Identifying the body responsible for issuing IFRS.

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BMF – May 2017 – L1 – SA – Q7 – The Business Environment

Multiple-choice question on the organization responsible for registering businesses in Nigeria.

You're reporting an error for "BMF – May 2017 – L1 – SA – Q7 – The Business Environment"

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

You're reporting an error for "AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements"

FA – May 2014 – L1 – SA – Q3 – Regulatory Environment of Accounting

Identifies the body responsible for issuing financial reporting standards in Nigeria.

You're reporting an error for "FA – May 2014 – L1 – SA – Q3 – Regulatory Environment of Accounting"

FA – Nov 2013 – L1 – SA – Q34 – Regulatory Environment of Accounting

Identifying who can be appointed as the Chairman of the Financial Reporting Council of Nigeria.

You're reporting an error for "FA – Nov 2013 – L1 – SA – Q34 – Regulatory Environment of Accounting"

FA – Nov 2013 – L1 – SA – Q24 – Regulatory Environment of Accounting

Identifying the body responsible for issuing IFRS.

You're reporting an error for "FA – Nov 2013 – L1 – SA – Q24 – Regulatory Environment of Accounting"

BMF – May 2017 – L1 – SA – Q7 – The Business Environment

Multiple-choice question on the organization responsible for registering businesses in Nigeria.

You're reporting an error for "BMF – May 2017 – L1 – SA – Q7 – The Business Environment"

AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements

Explains the concept of self-regulation and outlines the roles of ICAG in regulating the accountancy profession in Ghana.

You're reporting an error for "AA – Dec 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements"

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