PracticeAuditCarluke CA resigns ICAS membership

Carluke CA resigns ICAS membership

A Lanarkshire-based chartered accountant has resigned as a member of The Institute of Chartered Accountants of Scotland after formal disciplinary proceedings were started against him.

Link: Watchdog too weak, says ICAS

The institute’s investigation committee looked into complaints against Hugh Stewart, from Carluke, in Lanarkshire, Scotland, from companies of which he was a former employee and found that those complaints merited serious and sustained attention.

Following the start of formal disciplinary proceedings relating to these complaints, Stewart tendered his resignation as a member, and has undertaken that he will not at any time in the future apply for ICAS membership, the institute said in a statement.

In recognition of the resignation, the ICAS Investigation Committee discontinued its proceedings.

Hugh Stewart could not be reached for comment.

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