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Violation Tracker UK Individual Case

Company: Brooks Mayfield Limited
Company City/Town: Nottingham
Company Nation/Region: England
Penalty: £7,500
Year: 2018
Date: 3 July, 2018
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Brooks Mayfield Limited,12 Bridgford Road, West Bridgford, Nottingham, NG2 6AB, has agreed to pay a regulatory penalty of £7,500, which was decided by the Audit Registration Committee. This was in view of the firm's admitted breach of Audit Regulation 3.01, by continuing to act as auditor of two clients for the two years immediately after a principal in the firm, who was also the audit engagement partner for these audits, became director of the clients, contrary to APB Ethical Standard 2.
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
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