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 The Tribunal found the complaints proven, in the accountant’s absence, and ordered their practising certificate withdrawn, a severe reprimand and costs.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.
Tax Barrister, Accountant