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Question 1 The following authorities are the main bodies responsible for regulating accounting disclosure in Australia (i) Australian Securities and Investments Commission (ASIC) (ii) Australian

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Question 1 The following authorities are the main bodies responsible for regulating accounting disclosure in Australia" (i) Australian Securities and Investments Commission (ASIC) (ii) Australian Accounting Standards Board (AASB) (iii) Australian Securities Exchange (ASX) Required: Explain the role of each body and how they contribute to regulating accounting disclosure

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