Jason Dowling - Disciplinary Tribunal 21 March 2019
FINDING AND ORDER
Mr. J. Dowling, an affiliate of the Institute and a partner in the practice of Whelan Dowling & Associates, with an address at Unit 1 + 4, Block 1, Northwood Court, Santry, Dublin 9, while acting as auditor to a company, did act in breach of the Institute’s Code of Ethics for Members (2006 - 2011): Fundamental Principle (c): Professional Competence and Due Care by failing to comply with relevant International Standards on Auditing (ISAs) in respect of audited accounts for the period 2008-2011.
In light of the provision of an undertaking by Mr Dowling as audit compliance principal on behalf of Whelan Dowling & Associates to apply to surrender his status as a Responsible Individual to the Quality Assurance Committee of the Institute by 31 December 2018, the Disciplinary Tribunal made no order as to sanction but ordered that he pay a contribution in the amount of €1,000 towards the Institute’s costs in the matter. This order took effect from 21 March 2019.
BACKGROUND AND OUTLINE OF DISCIPLINARY MATTER
The affiliate was responsible for the audit of the financial statements of a company. A complaint was submitted to Chartered Accountants Ireland and the investigation of that complaint identified deficiencies in the conduct of that audit. Following investigation a Disciplinary Tribunal made the above finding and order.
This Disciplinary matter was concluded in accordance with the settlement provisions set out in Chartered Accountants Ireland’s Disciplinary Regulations, the proposed terms of settlement having been approved by the Disciplinary Tribunal on 21 March 2019.
IDENTIFICATION OF APPROPRIATE ORDERS
Recognising the benefits of resolution through the settlement process, the Disciplinary Tribunal considered the findings and orders made appropriate having regard to the objectives of the Disciplinary Bye-Laws, the applicable guidelines on sanctioning and the particular facts and circumstances of the matter before it.
Reference: Karen Jones, Gibney Communications
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