The hearings, which are seen as crucial to the future of the accountancy profession, were the second in a series of three. Butler had been due to appear in one of the afternoon slots, which he would have been sharing with five other witnesses. The panel has been allotted a total of 15 minutes to argue its case. Butler had earlier requested a morning slot as he was due to leave for a partners’ meeting in Germany.
In a letter to Arthur Levitt, SEC chairman, Butler reportedly wrote: ‘The few minutes the Commission has allotted me demonstrate that the Commission is not seriously interested in hearing my views.’
The SEC has argued that it had done its best to accommodate the many witnesses’ diverse scheduling needs.
Graham Ward, president of the English ICA, is due to go before the hearings later today. He will have a full thirty minutes, shared with only one other witness, to present his argument.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice