Disciplinary decisions 2023

Disciplinary decisions 2023

• Outcome of a Disciplinary Tribunal regarding allegations against Mr Nicholas Cushnahan

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  21/02/2023 15:33:11

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  It has been found proven that, Mr N Cushnahan a member of the Institute whilst a partner in the practice of Houlihan Cushnahan & Co., with an address at 1-4 Adelaide Road, Glasthule, Co. Dublin, did act in breach of the Institute’s Code of Ethics for Members (2011 – 2014): Fundamental Principles: (b): Objectivity, (c): Professional Competence and Due Care in that he:

  1. Included in Income Tax returns for a client for the years 2009, 2011, 2012 and 2013 claims for capital allowances which were not adequately supported by documentation; 
  2. Submitted  an Income Tax return for the year 2009 that recognised deferred income which was not supported by documentation and which did not satisfy a Revenue audit; and
  3. Invoiced for the preparation and submission of the client’s 2010 Income Tax return when no such return, while prepared, was submitted to Revenue

  and is therefore liable to disciplinary action in accordance with the Institute’s Disciplinary Bye-Laws.
  
  The Disciplinary Tribunal ordered that the member be severely reprimanded and further ordered that the Member pay a fine in the amount of €10,000 plus a contribution towards the Institute’s costs in the matter in the amount of €30,000.
  
  This order took effect from 14 February 2023.
  
  Reference: Karen Jones, Gibney Communications
  Ph: 01 6610 402

  Outcome of a Disciplinary Tribunal regarding allegations against Mr Nicholas Cushnahan

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