Former Andersen partner fined
A former Andersen UK partner has been fined for more than £1000 by the ICAEW for practising without a certificate.
Links: Andersen special report
Robert Tsang, was ordered to pay £500 and costs of £1200 for carrying out accountancy work without a practising certificate between September 1999 and September 2001. The institute has also reprimanded Tsang, who is now employed by Deloitte & Touche, following the Andersen collapse.
Although Tsang’s office claims he has been working in New York for an unspecified amount of time, he is officially based at Andersen’s former offices on The Strand, London.
The development will be an embarrassment to Deloitte as well as to former Andersen partners that are seeking to piece together their shattered reputations following the recent accounting scandals.
A spokesperson for Deloitte said they could not comment on the matter since he was not in the firm’s employment at that time.