Proceeding contribution from Mike Weir (Scottish National Party) in the House of Commons on Thursday, 19 October 2006. It occurred during Debate on bill on Companies Bill (HL).

Companies Bill [Lords]

Does not the hon. Lady accept that ““knowingly or recklessly”” is a fairly high level for an auditor to reach? We are not talking about mere carelessness or mistakes; an auditor would have to do something, or deliberately not disclose something, that was of material importance to people relying on the company’s accounts, for investment or other purposes. The barrier is high, so does she accept that for a few cases it may be necessary?

Secondary information

Type: Proceeding contribution
Reference: 450 c1047
Session: 2005-06
Chamber / Committee: House of Commons chamber
Subjects: Disclosure of information Consumers Accountability Audit Accountancy Company law Company accounts Companies Directors Business Civil proceedings Conflict of interests Liability Jurisdiction Documents Intellectual property Internet Protection Prosecutions Mergers Public companies Staff Shares Voting rights Shareholders Reorganisation
Legislation: Companies Bill (HL) 2005-06
Link: View this Proceeding contribution on www.publications.parliament.uk

Companies Bill [Lords]

Secondary information

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