Labour seeks rethink of proposed accounting bill

The Labour Party has called for a re-assessment of the proposed Companies Auditing and Accounting Bill following criticism yesterday of two of Ireland's leading accountancy practices.

Deloitte and Touche and Oliver Freaney & Co were both reprimanded and censured by the Institute of Chartered Accountants following a six-year investigation into their dealings with Dunnes Stores and Celtic Helicopters.