UKSA continues its work of responding to Governmental and Regulatory proposals. We see this as a way of increasing the profile of UKSA and to encourage such bodies to consider the private (beneficial) shareholder. We have responded to the Preliminary Report of the Sharman Inquiry which is looking into how companies deal with their responsibilities with regard to the Going Concern statements they must make. We have called for greater prudence in accounting so that companies recognise their problems sooner and so, hopefully, take appropriate action to protect their position and our investments in them. We have also raised again our policy that private shareholders should have involvement in auditor appointments. UKSA's full submission is attached.