Proceeding contribution from Lord Sainsbury of Turville (Labour) in the House of Lords on Tuesday, 14 March 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill [HL].
Company Law Reform Bill [HL]
Let me deal with the question of additional costs and the implication that this will lead to a great deal of box-ticking and extra work. I do not see that this is important either way. The question is whether or not the auditor is doing the job properly. If he is not doing it properly, no amount of box-ticking will deal with the situation. If doing the job properly leads to additional costs, it seems to me that that is a good cost to incur.
Secondary information
- Type
- Proceeding contribution
- Reference
- 679 c410GC
- Session
- 2005-06
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Disclosure of information Audit Accountancy Company law Companies Animal experiments Finance Liability Harassment Internet Shares Shareholders Vacancies
- Legislation
- Company Law Reform Bill (HL) 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-22 01:36:36 +0100
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