Frank Dixon, 46, of Great North Road, Highgate, pleaded guilty to false accounting charges at Harrow Crown Court, relating to offences committed between May 1997 and May 2000 on the accounts of Primal Scream, Suede and Echobelly, reported the Evening Standard.
Judge Edward Bailey said that the offences committed by Dixon were a 'serious matter'.
'You provided accountancy and financial management services to clients. They entrusted money to your care,' he said.
Bailey added that as Dixon's crimes were related to keeping his business afloat rather than to improve his lifestyle, his sentence would be shorter than it could be.
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.