Complaints will be heard against Stephen Edward Ives FCA, formerly of Deloitte & Touche, and another accountant, Dineshkumar Shanabhai Patel FCA, by a Joint Disciplinary Tribunal, following an investigation by the executive council to the JDS, Chris Dickson.
The complaint is in relation to the circumstances in which Ives acquired a Ranger Rover from Capital Corporation plc, which Ives was auditing at the time, as part of the audit team at Deloitte & Touche.
The complaint also examines how Capital Corporation was paid for the vehicle, and the circumstances in which other partners at Deloittes were allegedly misled about the facts surround the acquisition of the car.
In addition, the tribunal will also look at the Ive’s and Patel’s alleged obstruction of the investigation, and their alleged failure to comply with the investigation.
A report on the tribunal will be published.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned