Robert Orme, 52, a partner at Birmingham-based Knights Chartered Accountant, misdirected monies recovered during insolvency assignments to cover up that the firm had gone bankrupt.
Orme, who worked for KPMG for 25 years before he was made redundant in 1992, placed £300,000 in overseas accounts, but was found not to have acted for personal gain.
- Company directors at Manchester-based builders merchant Ensor were forced last week by the Financial Reporting Review Panel to restate full-year results following an investigation of misrepresentation in its accounts.
FD Marcus Chadwick and colleagues had presented a transfer of reserves within the statement of total recognised gains for the year ending 31 March and reentered the losses in the notes to the financial statements.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.