| 1 Short Title and Commencement. | 
		| 2 Definitions. | 
		| 3 Classes of companies and bodies corporate governed by the Authority | 
		| 4 Functions and duties of the Authority | 
		| 5 Annual return | 
		| 6 Recommending accounting standards and auditing standards | 
		| 7 Monitoring and enforcing compliance with accounting standards | 
		| 8 Monitoring and enforcing compliance with auditing standards | 
		| 9 Overseeing the quality of service and suggesting measures for improvement | 
		| 10 Power to investigate | 
		| 11. Disciplinary proceedings | 
		| 12 Manner of enforcement of orders passed in disciplinary proceedings. | 
		| 13 Punishment in case of non-compliance | 
		| 14 Role of chairperson and full-time members. | 
		| 15 Advisory committees, study groups and task forces | 
		| 16 Financial reporting advocacy and education | 
		| 17 Confidentiality and security of information | 
		| 18 Avoidance of conflict of interest | 
		| 19 International associations and international assistance | 
		| Annexure |