PracticeAccounting FirmsComplaints laid against ex-Versailles auditor

Complaints laid against ex-Versailles auditor

A joint disciplinary tribunal is to be appointed to hear complaints against Nunn Hayward, the former auditor of collapsed trade finance company Versailles.

Link: Versailles auditor is excluded from ICAEW

This follows the completion of an investigation undertaken by Christopher Dickson, the executive counsel to the Joint Disciplinary Scheme.

The JDS has laid complaints against Nunn Hayward concerning the sending of letters of comfort to Versailles’s directors, which it alleges, breached Fundamental Principle 1 of the ICAEW’s Guide to Professional Ethics.

Complaints were also laid concerning Nunn Hayward’s audit of Versailles’s accounts in 1998 and 1999 and the alleged failure to perform its professional work with ‘due skill, care and diligence, and with proper regard for the technical and professional standards expected of chartered accountants’.

Another former auditor of Versailles, Thomas Peter Dales, was excluded from the ICAEW last year, in relation to his role as reporting accountant at the company.

Related Articles

BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

3d Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

5d Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

7d Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

2w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

2w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

2w Emma Smith, Managing Editor
RSM announces two partner promotions

Accounting Firms RSM announces two partner promotions

2w Emma Smith, Managing Editor
Backsourcing: The latest accountancy trend?

Accounting Firms Backsourcing: The latest accountancy trend?

1m Pillsbury Winthrop Shaw Pittman