Item List : "Auditing"

1. Handwritten notes of Sir Adrian Cadbury arranged by topic and source of comment, no date.

Includes coments from CBI, KPMG, IoD, CBI Committee, ICAS, and individuals. Main headings are remuneration, independent audit, information to be included in reports.

2. Comments from VW Benjamin, undated.

Comments on the absence of input from business, executive remuneration, separation of roles, application of the code to smaller listed companies and various aspects of auditing. Also includes comments on specific paragraphs.

3. Manuscript notes by Sir Adrian Cadbury on back of photocopies of articles.

Handwritten notes about priorities, auditing, legislation, regulation, independence etc

4. The code of best practice, undated.

This would seem to be a print-out of a presentation on the code of best practice on the report of the Committee.

5. Standards of financial reporting and auditing, undated.

Document concentrates on auditing and accounting standards.

6. Sir Adrian Cadbury's handwritten notes on 'communications with City, responsibilities and auditors.

Handwritten notes from probably 3 different meetings or situations as three different papers, covering most topics of the Committee's investigations.

7. Handwritten notes, headed Alan Sykes, Consolidated Goldfields, no date.

Covers non-executive directors and external auditing.

8. Handwritten notes by Sir Adrian Cadbury, undated. Two pages are paper headed Savoy London, Banquesting - private rooms.

The notes cover institutional investors, power distribution, communication with investors and more detailed notes on the role of auditors.

9. Coopers & Lybrand Deloitte paper on corporate governance and accountability, 30 January 1991

Paper summarises the issues in corporate governance and accountability, including responsibilities, current UK Legislation and EC Directives

10. Letter, dated 30 January 1991, from CB Gough to Sir Peter Gregson, Permanent Secretary, Department of Trade & Industry

The letter refers to a meeting which covered the relationship between boards of directors and auditors and the effectiveness of audit. It proposes a review of corporate governance and accountability.

11. Making corporate governance more effective, paper submitted on 1 February, 1991, to Accountancy Age

The paper briefly reviews issues in corporate governance: appointment of non-executive directors to the board and their contribution; the integrity of financial information; auditing standards and the responsibilities of auditors.

12. Note about the EC eco-audit draft regulation, prepared by Barnus Ltd, environmental consultants, sent by Ronald Somerville

Covers proposed EC Regulation on the requirement for an audit of a company's environmental policy and performance. Includes handwritten note to Sir Adrian from Ronald Somerville

13. Handwritten notes headed 'Questions', undated

Notes on conduct of Annual General Meetings, auditors, directors' remuneration.

14. In confidence. Record of meeting with Mr Nigel Macdonald, vice president of the Institute of Chartered Accountants of Scotland and partner, Ernst and Young, on 14 June 1991.

Includes the terms of reference of the Working Party formed by the Institute of Chartered Accountants of Scotland to address selected issues concerning corporate governance.

15. In confidence. Note of meeting with Mr Jonathan Charkham, Bank of England on Wednesday, 19 June 1991

Contains thoughts on information disclosure, closeness of auditors to clients and Board responsibility, narrative information rather than figures, enforcement, directors' remuneration and comments on meaning of 'financial aspects of corporate governance'.

16. Handwritten memo, dated 20 June 1991, with extracts from the 1989 Companies Act and ICAEW's What is an audit.

Memo re-arranges meeting of 25 June 1991 with Sir Dermot de Trafford.

17. Record of meeting on 1 July 1991 with Mr Hugh Collum, 100 Group of finance directors

Collum published an article in IASC News on the diversity of accounting standards internationally. 100 Group are very interested in corporate governance and esepcially in definging the role of auditors vs directors.

18. Record of meeting with Mr Chris Swinson, partner of BDO Binder Hamlyn, on 1 July 1991

Mostly concentrates on what ICAEW's Financial Reporting and Auditing Group (FRAG) are doing.

19. Correspondence, papers and report of a meeting with Charles Nunneley, Institutional Fund Managers' Association, July to November 1991.

Contains papers, voting by institutional Shareholders, Communication of Business Plans & Insider Dealing

20. Letter, dated 8 July 1991, with annexes from JP Charkham, Bank of England

Letter contains draft Terms of Reference for the Committee, and proposals for end product with an outline for the final report.

21. Letter, dated 11 July 1991, and final draft by Bow Group Committee paper on corporate governance.

Bow Group paper contains recommendations on non-executive directors, remuneration committees, audit committees, separation of roles, training for directors and their contracts, reporting auditing and memo from Sir Adrian Cadbury.

22. Record of meeting with Mr Brandon Gough, Senior Partner of Coopers & Lybrand Deloitte, on 15 July 1991

Presents the auditor's view. NOTE: implication that BG's behind the scenes work had been influential in setting up Committee.

23. In confidence. Record of meeting with Professor David Tweedie, Chariman of the Accounting Standards Board, on 23 July 1991.

Sets out what ASB would be happy for the Cadbury Committee to consider.

24. Letter, dated 23 July from PJ Butler, KPMG and paper, Reports on the application of acconting principles [Canada].

Paper sets out rules on professional conduct when 'opinion shopping' is an issue.

25. Letter from Sir Simon Hornby, WH Smith, 30 July 1991, and record of meeting with Sir Simon Hornby, 30 October 1991

The letter is a response to a request to give evidence. Areas for discussion: responsibilities of shareholders, independence of auditors, influence of analysts, information to be given in reports.The letter has a siginifcant number of handwritten comments in Sir Adrian's hand.