What about other links in the compliance chain? In the case of prescribed accountancy representative bodies, disciplinary procedure operated by them in respect of their members is now being given statutory underpinning. As regards auditors, existing controls are being enhanced and they will be subject to new audit-related requirements. There will be greater strictures and impositions on companies in relation to the preparation of accounts. There are procedures designed to ensure auditors are genuinely independent of those companies whose accounts they audit. Also, directors of companies are being required to confirm their companies' compliance with all statutory obligations which are relevant to them, not just those arising in company law. Each company's auditor is to vet this statement.