A 200-page paper will be put out to a four-month public consultation, the sources said. Three government-backed reviews of the audit market set out 150 recommendations to boost competition in audit and strengthen supervision of accountants to improve standards by setting up a more powerful regulator, the Audit, Reporting and Governance Authority or ARGA. LONDON (Reuters) - Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from Britains finance ministry next week to improve corporate behaviour, sources familiar with the plans said on Friday. Currently, liability for the accuracy of corporate financial statements rests with the company. LONDON, Feb 5 (Reuters) - Company directors would personally vouch for the accuracy of their financial statements under landmark proposals from Britains finance ministry next week to improve corporate behaviour, sources familiar with the plans said on Friday.
Then cyclots will begin to fault corporate reporting.
( z0 begin :ARG0 ( z1 cyclone ) :ARG1 ( z2 fault :ARG0 z1 :ARG1 ( z3 report :ARG0 ( z4 corporation ) ) ) :time ( z5 then ) )
(z0 / begin-01
    :ARG0 (z1 / cyclone)
    :ARG1 (z2 / fault-01
              :ARG0 z1
              :ARG1 (z3 / report-01
                        :ARG0 (z4 / corporation)))
    :time (z5 / then))
Then cyclots will begin to fault corporate reporting .
z0 :ARG0 z1
z0 :time z5
z0 :ARG1 z2
z2 :ARG0 z1
z3 :ARG0 z4
z2 :ARG1 z3