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Regulation of the Accounting Profession

Government Regulation of the Accounting Profession (10 Marks)

1. Identify the level of government that regulates the accounting profession and the relevant law(s) which confers such authority to regulate the accounting profession on that level of government. (2 Marks)

2. Explain the regulatory difference between an accounting clerk/bookkeeper and an accountant? (1 Mark)

Solution:

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