Accounting Discipline by ICAEW – Failure of Quality Assurance and Practice Possibly Ceased

The ICAEW this month made an accounting discipline finding against a West Yorkshire accountant in their 70s for failure of quality assurance. The accountant is, or was, a sole practitioner who failed to respond to quality assurance issues raised with them over client risk assessment, money laundering returns and others regulatory matters. The Tribunal found the complaints proven, in the accountant’s absence, and ordered their practising certificate withdrawn, a severe reprimand and costs. A curious aspect of the case is that is not totally clear if the accountant was still in practice, whether from age or ill health.

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

Advertisements

About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Uncategorized and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s