6 (a) Explain the term ‘money laundering’. (3 marks)

6 (a) Explain the term ‘money laundering’. (3 marks)

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(b) Comment on the need for ethical guidance for accountants on money laundering. (4 marks

(b) Comment on the need for ethical guidance for accountants on money laundering. (4 marks

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(b) International Standards on Auditing (ISAs); and (5 marks)

(b) International Standards on Auditing (ISAs); and (5 marks)

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(c) mandatory continuing professional development (CPD) requirements. (5 marks)

(c) mandatory continuing professional development (CPD) requirements. (5 marks)

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