The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Austin Mitchell
To ask the Secretary of State for Trade and Industry if he will bring forward legislation to require firms auditing a public limited company to file information with regulatory bodies.
Mr. Redwood
We have no such plans. However, I expect that all applications for recognition from supervisory bodies for auditors under the Companies Act 1989 will include requirements as to the filing of information with them by audit firms.
Mr. Austin Mitchell
To ask the Secretary of State for Trade and Industry whether his Department makes any financial contribution towards the running of the Auditing Practices Committee.
Mr. Redwood
No.