Glascow (Aug. 19, 2004) -- In response to an unfavorable government-sponsored report on capping auditor liability, the Institute of Chartered Accountants of Scotland appealed for a more detailed and impartial review of a paper issued by the Office of Fair Trading.

In a letter to the Secretary of State for Trade and Industry, the accounting group railed against the OFT’s finding not to introduce “a capping mechanism.”

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