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End unreasonable protective reporting deadlines by accountancy supervisory bodies. (ie ACCA impose a 6 month reporting deadline on misconduct of their

Submitted on Friday 5th August 2011

Published on Tuesday 16th August 2011

Current status: Closed

Closed: Thursday 16th August 2012

Signatures: 3

Tagged with

month

Petition Action

End unreasonable protective reporting deadlines by accountancy supervisory bodies. (ie ACCA impose a 6 month reporting deadline on misconduct of their

Additional Information

The Association of Chartered Certified Accountants (ACCA) imposes a 6 month deadline on the reporting of misconduct or unreasonable conduct by their members. Such a time limit allows them to avoid the expense of investigating their members and provides their members with unfair protection. It is clearly in the public interest to protect the public from such unnecessary deadlines. ACCA appear to be the only professional body to impose such a rule. If adopted by other professional bodies this rule could help protect unscrupulous professionals.


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