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Early day motion tabled by primary sponsor Vincent Cable (Liberal Democrat), on Thursday, 3 July 2008, in the House of Commons. It is signed by 83 members in total.


LEGAL PROTECTION FOR THE TERM ACCOUNTANT

That this House notes that the term `accountant' is not defined or protected by law and that thousands of small businesses and individuals, believing they have engaged qualified accountants, are at risk from harmful and costly business advice from unqualified, unregulated, possibly uninsured advisers; observes that although some unqualified accountants may do good work, an unqualified accountant is not answerable to any regulatory body and so cannot be disciplined; further notes that legal protection of title is viewed as essential in professions where there is a substantial degree of public interest, for example for doctors, barristers, solicitors and auditors; feels that greater accountability needs to be introduced; and urges the Government to consider introducing legal protection for the term `accountant'.


Secondary information

Type
Early day motion
Reference
1949 
Session
2007-08
Other sponsors
Peter Bottomley
Jeremy Browne
Colin Breed
Andrew George
Baroness Teather
Subjects
Consumers Employment Financial services
Link
View this Early day motion on www.parliament.uk