AUDITORS IN STATUTORY PROTECTION BID

摘要

The UK accountancy profession is working furiously to get parliamentary time to push through an amendment to the Companies Act 2006 creating statutory auditor liability limitation.rn'Crafting the legislation would not be difficult,' said Peter Wyman, global leader for public policy and regulatory affairs at PricewaterhouseCoopers, 'it would be finding the parliamentary time which would be difficult.'rnLimited liability agreements, allowed under UK law, have not been successful following a refusal by the US Securities and Exchange Commission to accept them. The regulator believes they contradict US auditor independence rules.