ABSTRACT
This chapter begins with the statement Keith Macdonald (KM) virtually ignores the effect of bankruptcy legislation'. KM refers to the matter quite explicitly four times. R. J. Briston and M. J. M. Kedslie point out that KM has used incomplete data from secondary sources. It is only 'wrong to use such data' if it is demonstrably biased or inaccurate. KM is very cautious about such differences and much that is said was put in to suit an editor who wanted comparison. Briston and Kedslie, however, are quite categorical in their statements about the differences between England and Scotland and between Edinburgh and Glasgow. Scottish accountants had a strong specific motivation in 1852-1855 to obtain incorporation. It must be emphasized that Edinburgh and Glasgow accountants had been considering it for some time; Aberdeen did not obtain it until 1867 and so far as can be judged from Millerson, these were the only charters granted to local professional bodies in modern times.
