Question：Which of the following oversees the work of the International Auditing and Assurance Standards Board?
A. Financial Reporting Council
B. UK Corporate Governance Code
C. Financial Action Task Force
D. International Accounting Standards Board
E. Public Interest Oversight Board
The correct answer is:Public Interest Oversight Board.
The Public Interest Oversight Board (PIOB) was established in 2005 and set up to ensure that international auditing and assurance, ethics and education standards for the accountancy profession are set in a transparent manner that reflects the public interest.
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