Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: London
Company Nation/Region: England
Penalty: £5,000
Year: 2019
Date: 12 June, 2019
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Shulman & Company,London, has agreed to pay a regulatory penalty of £5,000, which was decided by the Audit Registration Committee. This was in view of the firm's admitted breach of audit regulation 3.03 for its failure to obtain external hot file reviews prior to signing the audit reports, where fees from the audit client have been regularly in excess of 10% of the firm's total income.
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
Source of Data: (click here)