Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: Littleborough
Company Nation/Region: England
Penalty: £3,500
Year: 2019
Date: 19 September, 2019
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Latham Costa Limited, Lancashire, has agreed to pay a regulatory penalty of £3,500, which was decided by the Audit Registration Committee. This was in view of the firm's admitted breach of audit regulations 7.01 and 3.01, in that the firm: 1. failed to comply with a condition previously imposed by failing to ensure that an external hot file review was carried out; and 2. continued to act as auditor of a client despite the existence of an insurmountable fee dependency threat
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
Source of Data: (click here)