HC Deb 23 March 1994 vol 240 c231W
Mr. Austin Mitchell

To ask the President of the Board of Trade if partners from the auditing firm criticized in the DTI inspectors' reports on Sound Diffusion, Rotaprint, Alexander Howden, Edecorp, Milbury and WMD Underwritting agencies are present on the Auditing Practices Board or its working parties.

Mr. Neil Hamilton

The constitution of the Auditing Practices Board is a matter for the Consultative Committee of Accountancy Bodies.

Mr. Austin Mitchell

To ask the President of the Board of Trade (1) if he will introduce legislation under which auditors would owe a duty of care to individual creditors;

(2) if he will introduce legislation under which auditors would owe a duty of care to individual shareholders.

Mr. Neil Hamilton

I have no plans to do so.