Mrs. Lakhvinder Nanner, CPA, CGA of Surrey, BC, was retained by a law firm to complete an Agreed Upon Procedures Engagement (“AUP”) and to complete the accountant’s portion of a Law Society Trust report which the law firm was required to submit to the Law Society of British Columbia (LSBC).
Mrs. Nanner completed the relevant portions of the Trust Report. Although Mrs. Nanner noted some exceptions, these were incomplete. Mrs. Nanner did not provide an AUP report in accordance with Canadian Standard on Related Services (CSRS) 4400 to her client nor to LSBC.
The Investigation Committee determined that Mrs. Nanner contravened the following Rules of the CPABC Code of Professional Conduct:
201.1 - Maintenance of the good reputation of the profession
202.1 - Integrity and due care
205(a) - False or misleading documents
206.1 - Compliance with professional standards
The Investigation Committee recommended Mrs. Nanner:
- accept a reprimand;
- pay a fine of $5,000;
- pay investigation expenses of $4,768;
- attend and successfully complete a professional development course in ethics which is satisfactory to the Director, Professional Conduct; and
- accept the publication of a notice of this Determination and Recommendation which identifies Mrs. Nanner.