HC Deb 28 June 1972 vol 839 cc361-2W
Mr. Ford

asked the Secretary of State for Trade and Industry how he intends to exercise his responsibilities under Section 161 of the Companies Act, 1948, following entry into the European Economic Community.

Mr. Noble

It is too early to say. The EEC has not yet adopted any directive or promulgated any draft directive relating to auditors' qualifications.

Mr. Ford

asked the Secretary of State for Trade and Industry if, following recent exchanges within the Groupe D'Etudes des Experts Comptables de la CEE, he will make a statement regarding reciprocal recognition and acceptance of accountancy qualifications within the European Economic Community.

Mr. Noble

I am aware that theGroupe ďEtudes, which is not a formal Governmental body, is currently studying reciprocal recognition of accounting and auditing qualifications; it would be premature for me to make any statement on the subject