Unit 10 - MSP helpp!!

yumyumyumyum New MemberPosts: 5Registered
Hi All, i have nearly completed my MSP project and the only thing outstanding is the background knowledge questions.

I am a bit unsure of the meaning of this and be grateful if someone can help explain what this means.

1) Identify the major external regulations affecting accounting practice.

Thanks

Comments

  • sloshedsloshed Well-Known Posts: 100Registered
    Not sure if tis what you are looking for as it was a couple of years ago that I did my unit 10 but the external regulations that come to mind are:-

    Money Laundering Regulations.

    Practise rules and guidlines issued by their governing body (ICAEW)

    Accounting standards
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