Seanad debates

Wednesday, 28 May 2003

Companies (Auditing and Accounting) Bill 2003: Committee Stage (Resumed).

 

10:30 am

Photo of Terry LeydenTerry Leyden (Fianna Fail)

Why did she not put the same point to the British regulatory authorities? I do not understand why she is asking us to have a low threshold of €300,000 and she has not advised the British Government to increase its threshold to Stg £4.5 million. It appears to be a contradiction, if the Senator does not mind my saying so.

I was impressed by the Senator's speech on 11 April in which he told the accountants to cop on. He was dead-on in that regard.

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