Accountant barred over ethics breach

THE Chartered Accountants Regulatory Board Disciplinary Tribunal found that Mark Hilliard, a member of Chartered Accountants Ireland with an address at Ashfield Park, Naas, Co Kildare, acted in breach of the institute’s code of ethics for members — fundamental principles: integrity, objectivity, professional competence and due care in issuing cheques which were not honoured.

It also found he breached the institute’s code of ethics for members in managing his business in such a manner as to be restricted as a director under Section 150 of the Companies Act 1990, thereby giving rise to disciplinary action pursuant to Institute bye-laws.

The tribunal made an order that Mr Hilliard be excluded from membership of Chartered Accountants Ireland. The disciplinary tribunal also ordered that Mr Hilliard pay costs of €34,541 to the Chartered Accountants Regulatory Board.