Introducing audit regulation
Article Abstract:
The views and opinions of the Institute of Chartered Accountants in England and Wales' (ICAEW) Audit Regulation Policy Coordinating Committee Chmn Keith Woodley are presented. The qualification of auditors was dealt with by the European Community's Eighth Directive, which was adopted in 1984. Woodley states that it has taken a long time to act on the Eighth Directive since the directive covered the education and training of auditors, the control of audit firms, and the integrity and independence of auditors, issues that required research by the UK Department of Trade and Industry (DTI) and the ICAEW. There has been no final position as to the issue of the ownership and the control of audit firms, with the ICAEW believing that an audit firm should be 75% controlled by qualified auditors, while the DTI favors 51% control.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1991
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From a consultant's diary
Article Abstract:
Microsoft's QBasic language program combines features of interpreter based programming and compiled programming. Programs are developed and written utilizing QBasic's interpreter facilities and are easily converted into a compiled form. This process offers two major advantages: each line is checked for correctness in language as it is entered, and compilation is fast and user friendly. The process also increases the speed of saving program changes. QBasic's files are significantly shorter than the same program in ASCII format. Additionally, QBasic utilizes a window system that is useful and has sub-procedures, which allows a programmer to break down a function into discrete units.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1989
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