How do professional accountancy bodies such as ICAEW contribute to driving sustainability?
Answer and explanation
Correct answer: B. By setting standards and providing guidance and training
- Step 1: Professional bodies influence members' behaviour and competence.
- Step 2: They publish guidance, offer training and shape professional standards.
Answer
By setting standards and providing guidance and training.
Why not the others: Only Parliament passes primary legislation. Professional bodies have no power over prices. Accountants support reporting, but bodies do not do the reporting for clients.
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