Mr. Charles Peter Adams, CPA devised and presented to clients sophisticated schemes that would enable them to unlawfully evade the payment of taxes. He also solicited funds from a client to be disbursed to a company controlled by a relative, without advising the client of his relationship, or of the risks involved in the transaction. Further he ignored correspondence from the CPA when information was requested of him.

Using the CPA handbook: https://media.cpaontario.ca/stewardship-of-the-profession/pdfs/CPA-Ontario-Code-of-professional-conduct.pdf

Also found at: https://www.cpaontario.ca/stewardship-of-the-profession/governance/code-of-professional-conduct (with previous versions)

2. Referring to the scenario above, identify at least 3 rules of professional conduct that Mr. C.P. Adams has violated. Explain each rule and discuss how Mr. C.P. Adams has violated that rule. (15 marks)
4. Imagine that you were a member of the discipline committee overseeing this hearing. What sanctions would you order? Be specific! Explain the reasons for your choice of sanction and state why it is appropriate in the circumstances.(15 marks)

Note: take a few minutes and review some of the previous disciplinary actions brought to the CPA.Here you will find upcoming hearings and appeals, you can also search past disciplinary actions of members alphabetically and you can search by Rule.

Note: some of the rules have been updated, but reviewing past decisions and sanctions for various rules will also provide insight. (You may even find the real CPA who was sanctioned for these actions if you can connect the Rules he broke!).

https://www.cpaontario.ca/stewardship-of-the-profession/complaints-discipline/discipline

Answer rating: 100% (QA)

Based on the scenario provided Mr CP Adams has violated several rules of professional conduct outlined in the CPA Ontario Code of Professional Conduct ... View the full answer