HC Deb 15 May 1918 vol 106 cc385-6W

asked the President of the Board of Trade whether members of Stock Exchanges who are chartered accountants are at present allowed to act as auditors of public companies whose shares are dealt in on that Stock Exchange; and, if so, is it proposed to alter this when the Amendments of the Companies Acts are proposed?


The appointment of an auditor of a company incorporated under the Companies Acts is in the discretion of the shareholders, but any recommendation on the matter which may be made by the Committee recently appointed to report as to amendments in these Acts will be carefully considered.