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ACCA BT Chapter 12 Law and Regulation Governing Accounting Exam Study Guide $9.99   Add to cart

Exam (elaborations)

ACCA BT Chapter 12 Law and Regulation Governing Accounting Exam Study Guide

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ACCA BT Chapter 12 Law and Regulation Governing Accounting Exam Study Guide Regulatory bodies - Authorities - ANSWERcompanies and houses in the UK Other Authorities - Authorities - ANSWERfinancial conduct authority, charities, Commission and OFGEM in the UK Tax Authorities - Authorities - ANSW...

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  • October 28, 2024
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  • 2024/2025
  • Exam (elaborations)
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ACCA BT Chapter 12 Law and Regulation

Governing Accounting Exam Study Guide


Regulatory bodies - Authorities - ANSWER✔✔companies and houses in the UK


Other Authorities - Authorities - ANSWER✔✔financial conduct authority, charities, Commission and

OFGEM in the UK


Tax Authorities - Authorities - ANSWER✔✔companies and individuals must prepare tax returns each year


authorities may want to verify information at a future date - ANSWER✔✔organisations have to keep the

accounting records for 7 years


CA2006 in the UK require financial statements - ANSWER✔✔true and fair view of the position and

performance of company


true and fair view guidelines - ANSWER✔✔Follow all appropriate accounting standards


Information of sufficient quantity


Follow generally-accepted practice


Content not misstated

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