The Firm was engaged by a client to complete a Law Society Trust Report – Accountant’s Report (Report). The Report was completed and submitted by an employee of the Firm without the engagement partner’s review and approval of the Report. The Report did not provide explanations of the exceptions that were identified.
The Investigation Committee determined the Firm contravened the CPABC Rules of Professional Conduct as follows:
201.1 - Maintenance of the good reputation of the profession
202.1 - Integrity and due care
The Committee recommended the Firm:
- accept a reprimand;
- pay a fine of $1,000; and
- pay expenses of $1,075 plus GST