Notice Type
General Notices
Notice of Decision of Disciplinary Committee of the Institute of Chartered Accountants of New Zealand At a hearing held on the 27th day of July 1998, the Disciplinary Committee of the Institute of Chartered Accountants of New Zealand heard 3 charges against Kenneth Robert Clark of Upper Hutt. Kenneth Robert Clark appeared before the disciplinary committee and pleaded guilty to the charges as amended. After hearing submissions on behalf of the investigation committee and the member, the disciplinary committee found the member: (a) Guilty of gross carelessness in the performance of his professional duties in that he failed to carry out a proper audit of a solicitor's trust account. (b) Guilty of acts and/or defaults discreditable to an accountant. (c) Guilty of unprofessional conduct. Acting under section 24 (3) (c) of the New Zealand Society of Accountants Act 1958, the disciplinary committee ordered that Kenneth Robert Clark be removed from the Register of Members of the institute and did not fix a date after which Kenneth Robert Clark may apply for re-registration under this Act. Kenneth Robert Clark was also ordered to pay to the institute the sum of $19,122.75 in respect of the costs and expenses relating to the inquiry by the disciplinary committee and the investigation by the investigation committee. The disciplinary committee ordered that its decision be published in the Chartered Accountant's Journal of New Zealand, the New Zealand Gazette, and a newspaper circulating in the Wellington area, with mention of the member's name and locality. Kenneth Robert Clark lodged an appeal against the decision of the disciplinary tribunal to remove his name from the register. At a hearing on the 27th day of November 1998 the committee of appeal considered submissions from counsel for the member and on behalf of the investigation committee. The committee of appeal confirmed the disciplinary committee decision as appropriate, and dismissed the appeal. Dated this 6th day of February 1999.
Publication Date
18 Mar 1999

Notice Number

1999-gn2065

Page Number

828