At a hearing held on the 6th day of March 2000, the Disciplinary Tribunal of the Institute of Chartered Accountants of New Zealand heard a charge against Warwick Thomas Smith of Auckland.
In terms of Rule 21.30 of the Rules of the Institute of Chartered Accountants of New Zealand, the member had been convicted in the Court of an offence punishable by imprisonment and the tribunal found that the conviction reflected on the member's fitness to practise accountancy and/or tended to bring the profession into disrepute.
Warwick Thomas Smith did not appear before the Disciplinary Tribunal but pleaded guilty to the charge.
The member had been convicted on a charge of false accounting, pursuant to section 253 of the Crimes Act 1961. The member had been sentenced to a term of imprisonment of 2 years suspended, plus 6 months periodic detention.
It was submitted by the Professional Conduct Committee that the charge represented a serious act of dishonesty and that removal from the Register with costs and publicity was the only penalty that could be sought.
The tribunal ordered that:
? Pursuant to Rule 21.31 of the institute's rules, Warwick Thomas Smith be removed from the Register of Members of the Institute.
? Pursuant to Rule 21.33 of the institute's rules, the member pay to the institute the sum of $1,244.60 in respect of costs.
? Pursuant to Rule 21.35 of the institute's rules, the decision of the tribunal be published in the Chartered Accountants Journal and the New Zealand Gazette with the member's name and locality.