Clause 5

keep and maintain —

a Register of Public Accountants;

a Register of Public Accounting Corporations;

a Register of Public Accounting Firms; and

such other registers as may be necessary for the purposes of this Act;

consider and, as appropriate, grant (whether unconditionally or subject to such conditions as it thinks fit) or reject —

all applications for registration made under Part III; and

all applications for approval under Part IV;

assist the Authority in determining, prescribing and reviewing the requirements to be satisfied by persons seeking to be registered as public accountants under Part III;

conduct or arrange for the conduct of such examinations as it thinks necessary for the purposes of registering public accountants;

administer the continuing professional education programmes for public accountants;

administer the practice monitoring programmes under Part V;

assist the Authority in determining, prescribing and reviewing —

the codes of professional conduct and ethics for public accountants; and

the standards, methods and procedures to be applied by public accountants when providing public accountancy services;

inquire into —

any complaint against any public accountant, accounting corporation or accounting firm; or

any information relating to any professional misconduct on the part of any public accountant, accounting corporation or accounting firm,and, if necessary, institute disciplinary proceedings in accordance with Part VI;

advise the Authority on any matter which relates to the profession of public accountancy; and

generally do all such acts, matters and things as are necessary to be carried out, or which the Oversight Committee is authorised to carry out, under this Act.