Why is it OK for accountants to make civil law but not for Muslims?

Posted on

Archbishop Rowan Williams caused controversy by suggesting that a special interest group in the UK should have the power to create law to regulate its own customs.

According to the mass hysteria in the press this is unacceptable in this country.

Why then do we allow the accountants International Accounting Standards Board to write UK law for accounting disclosure?

Why do we allow the Financial Reporting Council do this for unquoted companies?

Why is it that Sir David Tweedie and Sir Christopher Hogg have this power but the Muslim community do not?

Remember: Williams referred only to civil law. The IASB and FRC create what is, in effect, civil law. What is the difference?

Disclosure: I am a qualified accountant and a member of the Church of England.