The ICAEW has handed down fines of £12,300 and a severe reprimand to a sole practitioner who processed more than £100,000 worth of client tax refunds through his firm’s office account.
Over a period of five years, David Guest of firms PPG Accountants and David T Guest also failed to send engagement letters to all of his clients and didn’t submit his practice assurance annual return.
In 2006, a QAD visit found PPG Accountants was not complying with standards, the Institute's disciplinary tribunal heard.
Guest provided written assurances he would...
About Rachael Power
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