The Member is a licensed practitioner. Their Firm provided compilation business services to a client for 2020 and 2021. The client was operating a new business and was unfamiliar with certain taxation requirements. The Member did not ensure that the client understood the engagement on a timely basis and did not communicate sufficiently with the client concerning the client’s taxation requirements and the nature, timing and extent of the services.
The Investigation Committee determined the Member contravened the CPABC Code of Professional Conduct as follows:
201.1 - Maintenance of the good reputation of the profession
202.1 - Due care
206 - Compliance with professional standards
214(b) - Fee quotations and billings
The Investigation Committee recommended the Member:
- Accept a reprimand;
- Pay expenses of $2,835; and
- By December 31, 2024, attend and successfully complete a professional development course in practice management which is satisfactory to the Director, Professional Conduct.