CPA Ontario revokes membership and fines accountant $15,000 for false CPD declarations and substandard compilation engagements.
The Professional Conduct Committee alleged that the Member committed professional misconduct by failing to meet continuing professional development requirements, submitting a false declaration, and failing to comply with professional standards in four compilation engagements.
The Member did not attend the hearing.
The Discipline Committee proceeded in his absence, qualified the investigator as an expert witness, and found all allegations proven.
The Committee revoked the Member's membership, imposed a $15,000 fine, and ordered $16,500 in costs, citing his prior disciplinary history and the seriousness of making false statements to the regulator.
