Seanad debates

Wednesday, 16 April 2003

Companies (Auditing and Accounting) Bill 2003: Second Stage.

 

If the organisation is to have the goodwill of the auditing and accountancy professions, there should be a review of its membership. Most boards would have a higher number of practitioners. Medical boards, such as An Bord Altranais, contain a significant number of professionals from that field. The accountancy and auditing professions feel it would be appropriate to review this section and increase their representation on the board. It is unusual for a profession to be so under-represented on its own supervisory authority.

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