No.1
PUBLIC Accm.rNL\!'iTS A~D AcmroRs A:.rEf'D~'!ENT
addition to, and not inconstant with, those provided for in
this Act;
(c)
the particular competencies, qualifications, rights and
privileges of persons registered as general accountants,
tax accountants, public accountants or public auditors, in
a manner not inconsistent with the statutory definitions of
each of those classes of the accountancy profession;
(d)
the criteria upon which the Board will recognise or withdraw
recognition from educational qualifications or training
programmes offered or be offered in connection with the
accountancy profession at any educational institutions or hy
any principal or associate constituent body or by any other
body purporting to represent the accountancy profession;
(e)
anything that may promote the integrity of the accountancy
profession and the protection of consumers of services
offered by accountancy professionals, including(i)
the conduct of audit quality monitoring, practice
reviews and inspections by or on behalf of the Board;
(ii)
the monitoring of compliance with applicable standards
prescribed under paragraph (a);
(f)
the recognition for certain purposes of any body purporting
to represent the accountancy profession that is not a principal
or associate constituent body;
(g)
the criteria for the recognition of any body refened to in
paragraph (f), and the opening and maintenance of a register
for the purpose of registering any such body, and the charging
of a registration fee for that purpose;
(h)
the obligation for a firm, partnership or other entity referred
to in subsection 19(2)(e) to be registered, the conditions for
such registration, and the particulars to be entered in the
register referred to in subsection 19(2)(e);
(i)
the obligation, with effect from a prescribed date, for every
non-independent accountancy professional to be registered
with the Board (whether through one of the Registers or in a
special register to be created by the Board for this purpose)
as a condition for rendering any auditing, public accountancy,
general accountancy or taxation accountancy service as a
non-independent accountancy professional, and(i)
to be subject, tu the prescribed <:xtcnt, to the same
professional standards and disciplinary rcgin1c as
are prescribed by or under this Act for accountancy
professionals who arc required to have a practising
certificate under Part fV:
Provided that the Board shall not require a
non-independent accountancy professional to obtain a
practising certificate or any other certification, licence
or registration besides registration with the Board;
(ii)
to be registered for an indefinite period or at prescribed
intervals of not less than twelve months, with or without
the payment of a prescribed fcc:
14
2015
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