Influential City accountant, Michael Snyder of Kingston Smith, adds to criticisms of auditor liability rules
The government is coming under increasing pressure to look at auditor liability again, as the profession turns on the arrangements introduced in the Companies Act.
Michael Snyder, senior partner of Kingston Smith and one of the most influential accountants in the City, has added to criticisms of the rules, which have introduced negotiated liability arrangements between auditors and their clients.
Snyder is currently chairman of the policy and resources committee at the City of London corporation, a position he relinquishes today.
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