Seanad debates
Wednesday, 16 April 2003
Companies (Auditing and Accounting) Bill 2003: Second Stage.
Section 23 empowers the supervisory authority to intervene in relation to the investigation and disciplinary process of a prescribed accountancy body to ensure that it has complied with such procedures approved under section 9(2)(c). Depending on the outcome, the supervisory authority is given the power to advise, admonish or censure the prescribed accountancy body. Provision is also made for the publication of decisions of the authority.
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