Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: Cardiff
Company Nation/Region: Wales
Penalty: £9,750
Year: 2020
Date: 2 November, 2020
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: With the agreement of Azets Audit Services Limited(formerly known as Group Audit Services Ltd) of Cardiff, United Kingdom the Investigation Committee made an order that the firm be severely reprimanded,fined £7,000 and pay costs of £2,750 with respect to complaints that it accepted/and or continued appointment and issued audit reports for the entities listed in Appendix 1, in breach of paragraph 54 of Ethical Standard 2 as the firm was not permitted to accept appointment as auditor.
Action Type: agency action
Settlement Type: Consent Order
Agency: Institute of Chartered Accountants in England and Wales
Source of Data: (click here)