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43 explain the roles of regulatory bodies relevant to the education sector which exist to monitor and enforce the legislative framework, including: general bodies such as the health and safety executive: the hse requires employers to ensure the health and safety of their employees and others who may be affected by their work activities. Regulation of the accountancy profession regulatory bodies should have robust governance a shared approach to regulation – roles. Financial accounting: a regulatory agency is a governmental body that is created by a legislature to regulatory agencies: definition, role & impact on. Introduction the aasb is hardly an independent standard setting body the roles and objectives of aasb print light of the present accounting regulatory.
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