§ Mr. Austin MitchellTo ask the Secretary of State for Trade and Industry whether he will establish an inquiry into the accounting policies of Atlantic Computers Company and their implications for public accountability of public limited companies.
§ Mr. RedwoodNo. Any such implications are primarily for the accountancy profession to address and I therefore welcome the recent decision of the research board of the Institute of Chartered Accountants in England and Wales to support a research study into accounting for the residual value of leased assets.