CO129-418 - Public Offices & Others - 1914 — Page 391

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MEMORANDUM by a Special Committee of the Council of the Central Association of Accountants Limited (by Guarantee), on The Professional Accountants Bill (H. L.),

1911.

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COMMITTEE:

Mr. DAN SMITH, Chairman.

Mr. NEVILLE ÅSPRAY.

Mr. Gzo, S. BURTON.

Mr. WILLIAM MILES.

1. The above Bill, which was introduced into the House of Lords on the 8th March, 1911, is, with but very slight alteration, a re-production of the Professional Accountants Bill of 1909, which is dealt with in detail by the annexed Report issued thereon by the Central Association of Accountants in August, 1909.

2. The Bill of 1909 came before the House of Lords for second reading on the 13th July, 1909, when Lorl Saltoun moved an amendment that it be read a second time that day six months.

A quorum not being presont, the debate was adjourned and resumed on the 19th July, 1909, when on the motion of Lord Halsbury it was resolved that the second reading be adjourned sine die. By leave of the House of Lords the

Bill was formally withdrawn on the 6th October, 1909.

3. The principal differences in the present Bill are as follows:-

(z) That the Scottish and Irish Societies are now included in the Bill, no doubt for the purpose

of obviating the strong opposition offered by the Scottish bodies to the previous Bill.

(8) That in lieu of a single Professional Accountants Committes being established to regulate the profession, it is proposed to form three Committees, one for England and Wales, one for Scotland, and one for Ireland,

(c) That the question of Fees and Charges under the Act shall be subject to the approval of the Board of Trade, doubtless in accordance with the recommendation made by the Central Association of Accountants in their Report annexed.

Practically every argument and objection contained in the annexed Report in relation to the 1909 Bill, applies with equal force to the proposed new measure, and it is desired to repeat and emphasize the same with reference to the present Bill.

4.—The promoters continue to adopt the course of wilfully ignoring the existence and rights of the Central Association of Accountants, although its membership exceeds in the aggregate that of the three Scottish and one Irish Societies named in the Bill, whose existence is deemed sufficient to warrant the establishment of separate Committees for Scotland and Ireland.

5. The annexed Report was immediately after its publication widely circulated, its full text being published in the "Associated Accountants' Journal" (the official organ of the Central Association of Accountants), and in the "Accountant" (the organ of "Chartered Accountants"), and although more than eighteen months have elapsed since the publication of the Report, no attempt has been made to seriously refute a single statement that it contains, or answer any of the temperate but weighty arguments therein put forward.