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.
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.