Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: London
Company Nation/Region: England
Penalty: £5,488
Year: 2018
Date: 8 May, 2018
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Ripe LLP, agreed to pay regulatory penalties of £2,038 and £3,450, which were decided by the Audit Registration Committee. This was in view of the firm's admitted breach of audit regulations 2.11, 2.03a, 6.06 and 3.20 in that the firm: 1. failed to notify ICAEW of a corporate member's appointment in 2009; 2. failed to ensure that the new corporate member held dual affiliate status between 2009 and2017; 3. failed to disclose details of the corporate member on its annual returns between 2009 and 2017; and 4. wrongly disclosed that it had carried out cold file reviews on its 2015 and 2016 annual returns when no reviews had been carried out.
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
Source of Data: (click here)