Accountants Act · s 7

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)

7.
Functions and powers of Oversight Committee
(1) The Oversight Committee shall assist the Authority in the discharge of the Authority’s functions under section 6 and, in so doing, shall —
(a) assist the Authority in determining, prescribing and reviewing the requirements to be satisfied by persons seeking to be registered as public accountants under Part 4;
(b) administer the practice monitoring programmes under Part 6;

Accountants
(c) inquire into —
(i) any complaint against any public accountant, accounting corporation, accounting firm or accounting Limited
Liability Partnership, or
(ii) any information relating to any professional misconduct on the part of any public accountant, accounting corporation, accounting firm or accounting Limited
Liability Partnership, and if necessary, institute disciplinary proceedings in accordance with Part 7;
(d) assist the Authority in determining, prescribing and reviewing —
(i) the codes of professional conduct and ethics for public accountants; and
(ii) the standards, methods and procedures to be applied by public accountants when providing public accountancy services;
(e) advise the Authority on any matter which relates to the profession of public accountancy; and
(f) generally do all such acts, matters and things as are necessary to be carried out, or which the Oversight Committee is authorised to carry out, under this Act.
(2) Subject to any general or special direction given by the Authority, the Oversight Committee shall have the powers to do anything for the purpose of discharging its functions under this Act, or which is incidental or conducive to the discharge of those functions.

Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 7Functions and powers of Oversight Committee

(1)

The Oversight Committee shall assist the Authority in the discharge of the Authority’s functions under section 6 and, in so doing, shall —

(a)

assist the Authority in determining, prescribing and reviewing the requirements to be satisfied by persons seeking to be registered as public accountants under Part 4;

(b)

administer the practice monitoring programmes under Part 6;

Accountants

(c)

inquire into —

(i)

any complaint against any public accountant, accounting corporation, accounting firm or accounting Limited

Liability Partnership, or

(ii)

any information relating to any professional misconduct on the part of any public accountant, accounting corporation, accounting firm or accounting Limited

Liability Partnership, and if necessary, institute disciplinary proceedings in accordance with Part 7;

(d)

assist the Authority in determining, prescribing and reviewing —

(i)

the codes of professional conduct and ethics for public accountants; and

(ii)

the standards, methods and procedures to be applied by public accountants when providing public accountancy services;

(e)

advise the Authority on any matter which relates to the profession of public accountancy; and

(f)

generally do all such acts, matters and things as are necessary to be carried out, or which the Oversight Committee is authorised to carry out, under this Act.

(2)

Subject to any general or special direction given by the Authority, the Oversight Committee shall have the powers to do anything for the purpose of discharging its functions under this Act, or which is incidental or conducive to the discharge of those functions.