Regulation of individual professional accountants is primarily conducted at a national level, with professional accountancy organizations playing an important role in working with governments to ensure that such regulation is effective, efficient and in the public interest (IFAC,2011).

Discuss FIVE (5) accounting and finance regulators and the importance of the regulations.

Discuss this (3) from China

i. CICPA

ii. Ministry of Finance (China)

iii. TheChina SecuritiesRegulatory Commission (CSRC)

Discuss this (2)from Malaysia

i. MICPA

ii. SC Malaysia

The report should include at least 10 references