The number of directors banned between 2003 and 2004 fell to a five year low of 1,527, but Nick Wood, a partner with the firm, said the change was a result of the reduction in company insolvencies.
They fell 20%, from 3,984 to 3,290 over the same period, the Financial Times reported.
That helps to explain the drop in disqualifications, which had previously stood consistently at more than 1,700.
The period also saw an 11% rise in the number of out of court disqualification orders, which now stand at 84% of the total.
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The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements