Accountancy and Audit Regulator

Trade and Industry written question – answered at on 24 July 2002.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask the Secretary of State for Trade and Industry whether her co-ordinating Group on Audit and Accountancy issues (a) has discussed and (b) will discuss (i) an independent Regulator of Accountancy and (ii) a ban on sales of other services by auditors to audit clients.

Photo of Miss Melanie Johnson Miss Melanie Johnson Parliamentary Under-Secretary, Department of Trade and Industry

The Co-ordinating Group has discussed both regulation of the accountancy profession and the provision of non-audit services by auditors to their audit clients. I refer my hon. Friend to the statement made by my right hon. Friend the Secretary of State for Trade and Industry earlier today.

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