ACCA has begun disciplinary proceedings against a member of its council for what is believed to be only the second time in its history.
The case against Robert Jackson, managing partner of Manchester-based Thomson Morley Jackson & Co, was one of five due to be heard yesterday.
‘All concern allegations against a member firm and members that they have wrongfully completed and/or backdated applications to obtain free shares in a limited company,’ said ACCA.
A disciplinary hearing has powers to reprimand, severely reprimand or even expel a member from the association.
Jackson, who joined ACCA’s council in 1995, was not available for comment.
The hearing is expected to last three days.
In 1997, former vice-president Jim Waits was held to have brought ACCA into disrepute when he made ‘unprofessional remarks’ remarks about fellow member Prem Sikka.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast