Which Group Is Responsible for Setting and Developing Auditing Standards

question 33

Multiple Choice

Which group is responsible for setting and developing auditing standards in the United Kingdom?

• A) Department of Trade and Industries (DTI)
• B) Consultative Committee of Accountancy Bodies (CCAB)
• C) Auditing Practices Board (APB)
• D) Institute of Chartered Accountants in England and Wales (ICAEW)

---

Definitions:

Dutch

Referring to something or someone from the Netherlands, a country located in Western Europe.

Spain

A country in southwestern Europe known for its diverse heritage, rich history, and cultural contributions, particularly in the arts, cuisine, and architecture.

Financial Authority

An organization that governs and regulates the financial markets, ensuring legality, integrity, and stability.

Bill of Rights

A landmark document or series of amendments in various nations that outlines the fundamental rights and protections of its citizens.