Contains a photocopy of a draft of the auditing guideline, Communications between auditors and regulators under sections 109 and 180(1)(q) of the Financial Services Act 1986, enclosed in a copy of a letter from the Financial Services Act Working Party 2 [FSAWP2] secretary to working party members, dated 19 June 1989; an Institute of Chartered Accountants in England and Wales [ICAEW] Technical Committee [TC] memorandum to the APC, dated 23 June 1989, commenting on a pre-ballot version of the guideline; copies of the draft guideline and attached secretariat note, for presentation to the APC in June 1989; a fax from an APC member to the APC secretary, concerning the draft guideline; manuscript drafting notes; a draft of the guideline amended to record the comments of the APC, Securities and Investments Board [SIB], the Department of Trade and Industry [DTI], the ICAEW, and the APC chairman.
Also contains an extract from the minutes of the June 1989 APC meeting, and an extract from the appendix to those minutes setting out the amendments to the draft guideline suggested by the committee; material relating to the APC seeking legal clearance of the draft guideline including a photocopy of the legal opinion obtained by the APC; letters from the self-regulating organisations [SROs] and recognised professional bodies [RPBs] which regulate investment businesses, commenting on a draft of the guideline; further drafts of the guideline, including the APC ballot draft; ballot slips completed by APC members, who approved the draft for publication; a letter, dated 30 January 1990, from the DTI, commenting on the draft guideline; a copy of a letter, dated 9 February, from the APC secretary to APC members, enclosing an draft of the guideline, amended following the APC vote on its publication; a letter from the APC secretary to the technical committees of the Consultative Committee of Accountancy Bodies [CCAB] members bodies, dated 20 February 1990, enclosing a copy of the guideline for their approval; 2 copies of a Canadian Institute of Chartered Accountants [CICA] draft guideline, 'Derivative reports on regulated financial institutions' [dated November 1989]; material relating to the ICAEW TC consideration of the guideline, mainly drafts and final copies of the TC's letter to the APC secretary; originals and copies of letters from: the ICAEW council; the Institute of Chartered Accountants in Ireland [ICAI]; the Chartered Institute of Management Accountants [CIMA]; the Chartered Association of Certified Accountants [CACA]; the Chartered Institute of Public Finance and Accountancy [CIPFA]; and the Institute of Chartered Accountants of Scotland [ICAS] approving the guideline for publication; further typescript copies of the guideline; 2 proof copies of the guideline, one being the proof for the guideline's publication in Accountancy; 2 copies of the CCAB press release on the guideline; a published copy of the guideline; material relating to the CCAB Board of Directors' approval of the guideline; photocopies of press cuttings relating to the guideline.