Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: Aylesbury
Company Nation/Region: England
Penalty: £12,731
Year: 2020
Date: 14 September, 2020
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Lancasters (Accountants) Ltd, Aylesbury, United Kingdom, has agreed to pay a regulatory penalty of £12,731, 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 its failure to ensure that it was eligible to hold registration between April 2011 and June 2020, in that the majority of its voting rights were not held by audit qualified individuals or registered auditors, its failure to notify ICAEW of changes within 10 business days, for signing audit reports whilst ineligible and for incorrectly completing its 2011-2019 annual returns.
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
Source of Data: (click here)