Accountant told to pay €20,000 over misconduct

A CORK accountant has been fined €10,000 and ordered to pay costs of a further €10,000 by a disciplinary tribunal of the accountants’ professional body.

Chartered accountant Kevin O’Donovan of O’Donovan and Partners of Bridge Street, Cork, was also severely reprimanded by the Chartered Accountants Regulatory Body (CARB) over his handling of a client’s accounts.

In one of the first investigations since it was established earlier this year, a CARB disciplinary tribunal found Mr O’Donovan was in breach of his professional code on five separate grounds.