Basic Search  |  Summaries  |  Advanced Search

Violation Tracker UK Individual Case

Company: Timothy N. Horne Ltd
Company City/Town: Ipswich
Company Nation/Region: England
Penalty: £1,757
Year: 2021
Date: 25 March, 2021
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Timothy N. Horne Ltd, Ipswich, United Kingdom, has agreed to pay a regulatory penalty of £1,757, which was decided by the Audit Registration Committee. This was in view of the firm's admitted breach of audit regulations 2.03a, 2.11 and 3.20 for its failure to ensure that it was eligible to hold registration as one of its principals did not hold the required affiliate status, for its failure to notify ICAEW of changes within 10 business days, and for failing to carry out formal annual cold file reviews since 2017, including an external cold file review once every three years.
Action Type: agency action
Settlement Type: Audit Registration Committee decision
Agency: Institute of Chartered Accountants in England and Wales
Source of Data(click here)