Accountants Act · 2023 Revised Edition · Part · Practice Monitoring Programme
38. Interpretation of this Part
Official textFrom Attorney General's Chambers, unchanged
In this Part —
”practice monitoring programme” means a programme designed to ascertain whether a public accountant has complied with the prescribed standards, methods, procedures and other requirements when providing public accountancy services;
public accountant
“public accountant” means a person who is registered in accordance with this Act as a public accountant;
“Practice Monitoring Sub-committee” means the Practice Monitoring
Sub-committee appointed under section 40(1);
“practice review” means a study, appraisal or review of one or more aspects of the professional work of a public accountant that is carried out under a practice monitoring programme;
“reviewer” means any person who is appointed by the Oversight
Committee under section 41 to carry out a practice review.
Terms defined in s 2
Oversight Committee
Defined · s 2“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 5(1);
public accountancy services
Defined · s 2“public accountancy services” means the audit and reporting on financial statements and the doing of such other acts that are required by any written law to be done by a public accountant;
public accountant
Defined · s 2“public accountant” means a person who is registered in accordance with this Act as a public accountant;