RSM Bentley Jennison 'severely reprimanded' and fined
£5,000 fine for firm over Accountant's Reports
£5,000 fine for firm over Accountant's Reports
RSM Bentley Jennison has been fined £5,000 and severely reprimanded after faiing to deal with clients as if they needed statutory audits.
The ICAEW brought disciplinary action after the firm provided 28 Accountants’ Reports for clients who were not exempt from audit.
A statement from the ICAEW said: “RSM Bentley Jennison incorrectly issued 28 Accountants’ Reports in respect of the financial statements for 21 companies when they did not meet the conditions for exemption from audit under section 249(A) of the Companies Act 1985.”
The firm also had to pay £1,642 in costs.
Bentley Jennison merged last year to become part of RSM Tenon.
More about:
The numbers you crunch tell a story. Your expertis...
14yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleDisciplinary arm of FRC announces an investigation into members of PwC that conducted audit work of struggling firm RSM Tenon Read More...
View articleFormer Bentley Jennison partners, many still at RSM Tenon, club together their shareholding to represent major investor group Read More...
View articleAudit and financial management help firm increase turnover by 31% Read More...
View articleFormer RSM Bentley Jennison partner Paul Castledine are set to meet in the High Court over a goodwill Read More...
View article