ABSTRACT
Although the new Companies Act has been very fully discussed for the past six years, and has been enacted for nearly the past six months, there would still appear to be some doubt as to what its precise effect will be upon the accountancy profession, particularly in respect of the duties of auditors thereunder. A correspondent, writing in our issue of the 8th inst., suggested that a series of articles dealing with the subject would probably be found of general interest, and we therefore propose to deal with the matter in this and the next issue, so that our comments may be available before the 1st January next, when the Act comes into full operation.
