Seanad debates
Wednesday, 28 May 2003
Companies (Auditing and Accounting) Bill 2003: Committee Stage.
10:30 am
Derek McDowell (Labour)
I know the committee is in place to protect the public and shareholders. However, private companies deal and trade and the people with whom they deal and trade need some protection. I know the committee provides at least one of the elements of protection this Bill is looking to put in place. I am inclined to agree with Senator O'Toole. I would have lowered the bar rather than eliminating it altogether. Do we know how many large companies are involved?
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