Accountant fined for not keeping up with CPD
A chartered accountant has been reprimanded and fined for not keeping up with requirements for continuous professional development (CPD).
David Foister, of Kettering, Northamptonshire, has been fined £1,000 and ordered to pay costs of £1,500 for not submitting annual CPD forms between 2009 and 2012.
In a disciplinary hearing, the ICAEW said that it had repeatedly tried to contact Foister about his CPD forms but he didn’t respond.
Bye-law 56c requires ICAEW members to each year certify that they have complied with CPD requirements.
While the sentencing guidance provides that the sentence should be a reprimand and a fine of £850 for each year, the tribunal took note of the appeal committee’s decision in Taylor (4 July 2013) and determined the fine to be £1,000.
Source: accountingweb- Accountant fined for not keeping up with CPD
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