Tuesday, November 19, 2019
Writer's choice Article Example | Topics and Well Written Essays - 250 words - 2
Writer's choice - Article Example Simplicity is maintained in the disciplinary plans at different stages of the corrective course.Every decision that the top management council, behaviour committee, as well as panels come to, are made public unless the act is considered to be not in the interest of the public. More details are put out in the publication plan of the disciplinary plans of financing reporting council. Safeguarding the public interest by protecting the public, maintaining public confidence in the accountancy and actuarial professions and declaring and upholding proper standards of conduct by accountants and actuaries; The FRC can start a disciplinary investigation in one of two ways: (i) the professional bodies can refer cases to the FRC; and (ii) the FRC may decide of its own accord to investigate a matter.à The Conduct Committee will consider each case identified or referred to it and decide whether or not the criteria for an investigation are met. Investigations are conducted by Executive Counsel and the professional discipline team within the Conduct Division.à The decision about whether to bring disciplinary proceedings rests with Executive Counsel.à If disciplinary proceedings are to be commenced, Executive Counsel will file a complaint with the Conduct Committee.à The Conduct Committee will instruct the Convener to appoint a Disciplinary Tribunal. Transparency is provided for in the disciplinary Schemes at various stages of the disciplinary process.à All decisions made by the Conduct Committee, Executive Counsel and Tribunals are publicised unless the Conduct Committee considers publication would not be in the public interest.à Further detail is set out in the FRCââ¬â¢s Publication Policy for the Disciplinary
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