Institute of Chartered Accountants of Scotland

4 items, ordered by date.

1. Letter, dated 5 February 1991, from Prof JP Percy, Institute of Chartered Accountants of Scotland

Letter advises the ICAS will set up a working party, chaired by Nigel Macdonald, on corporate governance and offering assistance. ICAS will set up a working party on corporate governance and enclosing typescript of an article, ‘Making corporate governance more effective’, announcing it. Article supposedly sent to Accountancy Age 1 February 1991.

2. News release, 2 April 1991, from the Institute of Chartered Accountants of Scotland, Scots CAs set up corporate governance working party

The brief is to consider : management’s responsibility for financial statements; the need to require companies to maintain adequate internal control systems; the implications of these issues for the role of audit committees. Membership of the Committee is listed.

3. In confidence. Record of meeting with Mr Nigel Macdonald, vice president of the Institute of Chartered Accountants of Scotland and partner, Ernst and Young, on 14 June 1991

Includes the terms of reference of the Working Party formed by the Institute of Chartered Accountants of Scotland to address selected issues concerning corporate governance.

4. Letter, dated 8 July 1991, from Ian Hay Davison

Letter in response to Sir Adrian Cadbury’s letter of 2 July. IHD will send transcript of talk to ICAS on non-executive directors.