Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: Shifnal
Company Nation/Region: England
Penalty: £700
Year: 2020
Date: 6 July, 2020
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: BSS & Co (Accountancy Services) Limited, Shifnal, United Kingdom, has agreed to pay a regulatory penalty of £700, which was decided by the Audit Registration Committee. This was in view of the firm's admitted breach of audit regulations 2.03b, 2.11, 2.07 and 6.06 for failing to ensure that it was controlled by an entity that was eligible for audit registration, for failing to notify ICAEW within 10 business days of the change in structure, for continuing to act as a registered auditor when it did not meet the eligibility requirements, signing audit reports while ineligible and for signing two audit reports without first having an external hot file review carried out, despite previously giving an undertaking to do so.
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
Source of Data: (click here)